Regards,
Hi gang...I finally decided to close my eBay Store TODAY, April 30th, but before I did, I decided to call eBay "one last time", to see if there was ANY indication from the higher-ups that they were going to get rid of the GTC Fiasco, and let things go back to the way there were, and OF COURSE I was given the same old spiel that they're "taking notes", and "will pass them along", blah, blah, blah.. same old story. As you can imagine, the eBay rep was very careful not to say anything which might even imply that things would ever change for the good, and although she seemed to feign a little bit of sympathy towards sellers' plights with never-ending listings, and items never selling, she nevertheless invited me to end my Store, so;...I did! ..Even in spite of them immediately assessing me an 'Early Termination Penalty', for doing so. **bleep** eBay, squeezing me for every last nickel they can, and I hope it's the LAST nickel, too! 
@partsman330 Wrote: " ... What are your sales like for March? Up? Down? Non existent?"
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Good questions and based on selling in collectibles categories I'll respond this way:
1. January - February - March 2019: these three months out sold the same 3 months over the last 3 years. Order volume (number of orders) up 50%-60%. Dollar volume up by over double.
2. April 2019: April also out sold the previous three Aprils but by much lower percentages. April "averages" as the 8th best selling month.
3. GTC comparison: I am giving GTC 3 months to see if Fixed Price listing sales remain constent, increase or decease. I picked 3 months because when they announced the new GTC mandate I gathered sales info by format for Jan-Feb-Mar this year. 54% Auction - 46% Fixed Price. April's numbers were 62% Auction and 38% Fixed Price GTC.
@binderzz wrote:...
I can make a hat, a brooch, a pterodactyl!
And Leroy is getting LARGER!
To the tower, Rapunzel, Rapunzel!
Macy's is having a sale!
If you have seen the movie, you know what I mean!
eBay Marketing Pullback Causes Q1 Sales Drop By: Ina Steiner
Sponsored Link
Incredibly, eBay's top executives admitted they had expected the sales drop that the eBay Marketplace experienced in the first three months of 2019, saying it was caused by a significant reduction in marketing, primarily in North America.
And despite the decline in dollar sales for its sellers - even as many paid more for visibility - eBay itself experienced a 4% increase in revenue (on a foreign-currency neutral basis) thanks to seller fees.
Here's how sellers fared in the first quarter in the aggregate:
- US GMV (the value of items sold on its marketplace) dropped 6% in the first quarter, year-over-year.
- Total GMV was down 4% - a decline of 1% taking into account the impact of foreign exchange.
eBay CEO Devin Wenig explained to Wall Street analysts on Tuesday's earnings conference call that its own revenue growth was partly driven by Promoted Listings - sellers were "flocking" to Promoted Listings, he said.
"In Q1, we had more than $800,000 active sellers promote over 200 million listings. This helped drive over $65 million of revenue this quarter, up nearly a 110%."
While that's a win for eBay, it's the result of sellers having to compete more fiercely for sales, finding themselves having to sacrifice profit margin by paying for visibility through Promoted Listing ads.
I found the above on E Commerce Bytes & wanted to share with those of you who have not seen it----VERY INTERESTING
@kittykat.949 Yes, that was very interesting ... the next quarter eBay will be touting their increased revenue because of the new GTC mandate whereby they are benefiting from Sellers having items automatically Relist twice in any month with 31 days or when Sellers accidently forget they have more monthly GTC listings then their pre-paid insertions.
I don't buy their comment that they expected a sales drop ...
