04-29-2018 09:28 PM
What a buzz kill! I work hard to get sales and mid way in April someone has pulled the plug. I've seen other posts regarding poor sales, but have found no explanation. Once again, what a buzz kill!!! The frustrating part is, it does not appear to be within the seller(s) control, it definitely does not feel like a natural decrease, just an abrupt spiral down. Sheesh!
04-30-2018 10:25 AM
OP, I have no answers for you other to say I am having similar problems. My 90 day sales were $4,516, 30 day sales is $1,093, and 7 day sales is an off the charts, never seen in 20 years low of $32. For the same 90 day period last year sales were $7,451.
Most of my sales are in industrial and shop type items, many are multiple item listings. Nothing in clothing or collectibles. I am a TRS+ with good metrics. I have no competition on some of my items and always price at or below on competitive items.
I have contacted Ebay about slow sales and the most they would say is "they are having some issues". They promised to look at my account and call back. As expected that call never came. I believe the economy in general is not as good as we are told. So I know it is not all Ebay's fault. But during the last month my Amazon sales have picked up while Ebay sales have almost vanished, and I was about to pull the plug on Amazon. And that is with just 5 items on Amazon vs. 394 here.
I have read other posters comments on Ebay's health and wondered what the real story is because I see a certain amount of desperation for sales in many of the email campaigns. Some of Ebay's actions also show a certain amount of desperation, for example the TRS 20 to 10% FVF money grab.
At least I used to get some amusement at the low ball offers, but even those have dried up. I think many Americans from the upper middle class down just do not have much spending money except for absolute necessities. And when they do spend money many are buying Chinese junk. Also I do see a lot of empty parking lots at local retail establishments, even fast food restaurants at times. I'm just commenting on my area, I am sure there are places that are doing very well.
04-30-2018 11:07 AM
Agree completely with your out look on the economy.
I really believe we are in the middle of a major shift in our society.
No one has it quite figured out yet.
We are so happy to be able to glean any info we can on the community.
Glad to read your comments!
04-30-2018 04:01 PM
snip >> I think many Americans from the upper middle class down just do not have much spending money except for absolute necessities. And when they do spend money many are buying Chinese junk. Also I do see a lot of empty parking lots at local retail establishments, even fast food restaurants at times. I'm just commenting on my area, I am sure there are places that are doing very well.
It may also be that those with spending money, don't spend it. I'm one of those who buys very little other than necessities. Though I'm doing well, I'm not running out and spending it.
Many of my friends are the same. They're holding on to what comes their way.
04-30-2018 05:58 PM
@kathieskorner wrote:Selling 70 items out of almost 1000 listings is roughly 7% - probably pretty typical for vintage and collectibles sellers in today's marketplace. My sales run in the 5-8% range - a really good month is still only 10% - nowhere near the 80-90% of 15 years ago.
It's been that way with me - late 1990s - I had a 95% sell-thru rate - now - it stays pretty much at 5%.
05-01-2018 07:26 AM
That is the kind of valuable information we need.
With those sales numbers, it seems we are on target with others, maybe even in numbers of sales, a little ahead.
We had a weekly sell through auction rate of 20/ 30% three years ago.
Maybe it's me, but that seems like a lot of Merch to sit on, waiting to sell.
But raises spirits a bit as well.
At least we are somewhat in realm of average.
05-01-2018 07:54 AM
Buyers and sellers are leaving ebay and going to other sites. Thats probably one reason most of our sales are down. Best regards
05-01-2018 07:56 AM
I'm a new casual seller, part-time, mostly selling vintage items, books, toys and household items (yes, cleaning out my attic!). When I started last October, I sold at least one item every day. I'm selling the same things at even lower prices (I've added a lot of free shipping), but now am selling almost nothing. I've gone a week with no sales, for the first time since last October, same stuff, same prices, but no buyers.
Does ebay put new sellers' merchandise up high in searches, then gradually push it down in searches? Does my stuff get pushed down in searches because I'm not selling as much?
Does adding free shipping push my items up higher in searches?
Does anybody know?
I'm hoping it's just April (the cruelest month), and things may pick up. I'm thinking of trying Amaz and Est but I don't want to start over (not a lot of spare time) if I don't have to.
Could this be a lull on ebay or an overall general downward trend?
05-01-2018 08:18 AM
I sold 100 items in April and that was a bit dry for me.
I, like you, specialize in vintage and antiques but I HAVE to branch out into other categories or else sales will dry up.
It's true, vintage / antiques aren't as sought after as they used to me, and many people don't want to pay the prices you have listed. However, I'm with you on sales being dry for no reason. There would be days when I'd sell 15-20 items and then things would dramatically slow down. It's not just you. Some people theorize that visibility gets turned "off" for a while and then back on, and it may be a vicious cycle we're all trying to overcome.
I don't have stuff nearly as fancy as yours, but, I used to have things of that caliber many years ago, on my store. As someone who has been selling for over 15 years, I can say that vintage / antique items would fly off my Ebay shelves rapidly. I'd have bidding wars with 30 different users bidding on an obscure 200 year old thing, with prices going sky high. This was... maybe ten years ago?
10 years ago the economy was better. 10 years ago we had a different search engine and better visibility on Ebay. 10 years ago the market wasn't so saturated because there were less sellers. Now, there's all this talk of visibility being turned on / off, the search engine isn't the same as it once was, items aren't being seen, too many people are trying to sell the same type of things, and, I think the economy has caused lots of people to not want to spend a lot on things (unless they can afford such luxuries, and even then, you are catering to a market of people who can dish out some serious cash for extravagance)
I understand how you feel when you remember "Such and such item once sold for such and such amount", but, you can't think that way. Once upon a time, I'd have 100 items listed, around 10 years ago, and I'd have massive bidding wars. Things would sell for $300... $500... dozens of people would be in bidding wars up until the last seconds for my precious vintage / antique items. Now? I've tried selling MANY things from the 1800s / early 1900s and people offer me pennies compared to what people would have been offering me 10 years ago.
If I were you, I would drop prices maybe just a little bit. Drop item prices subtly. I didn't realize my items were very overpriced, once. Sales were dry. Nothing was selling. I lowered my prices by a few dollars on every single item in my store, and I had a day once were 30 things sold simply because I shaved the price down just a bit.
People aren't trying to hurt your feelings when they tell you that your prices are high. It is just an almost 100% certainty that if you want better sales, you have to be prepared to either branch out into a more popular and modern market on top of your vintage / antique items (which is what I do), and be prepared to cut down on prices here and there. I'm not saying to take 50% off of your starting price on ALL of your items. Maybe 10% off will have better sales. I speak from personal experience, here. I cut down prices and things start selling.
I've also branched out of the vintage / antique category somewhat. I frequent thrift stores and garage sales, and I've found 1800s / early 1900s stuff being sold for a dollar before, and of course I'm not going to pass up a hard to sell obscure antique item for a dollar, but I go into it being fully aware that it may take years to sell. I have an antique picture of Lady Emma Hamilton that 3 years ago, had 10 watchers on it, at $300 more than it's listed as now. Now? No one even looks at it.
Times have changed. That or the visibility / search function really has changed THAT much. I think it's a combination of both, perhaps. I now only invest in antiques / vintage items if I can get them for 25 cents or a few dollars. I now have 1,000 items up and vintage / antiques don't sell nearly as well as they did 10 years ago. 10 years ago, I only ever had maybe 100 items up and the views / bids I'd get on my antiques / vintage items were off the charts insane. As I said, bidding wars, people paying outrageous money, etc. Now? I have 1000 items and I'm struggling to sell the very items that were once so easily sellable in my store.
Things have changed. It is what it is. Just go with the flow, maybe reduce prices, seek out other types of items, and try to adjust as best as you can.
05-01-2018 08:27 AM
Tax refund season is over. People spent their refunds and have less money just lying around. Mystery solved.
05-01-2018 08:41 AM
What going on? It's been happening for quite awhile. Ebay Hides our listings. Sure we pay for our booth and a ton of fees but people can't buy what they can't see. My sales are horrible. Have been. I'm working on doing something else where I wish it was set up already. If you all don't subscrible to
http://www.ecommercebytes.com/C/blog/blog.pl
you should at least go read some posts over there. It helps you keep in touch with what is going on on the different sales sites especially Ebay and Amazon.
My items are handmade so I don't know how my stuff will fare in the new cataloge either. Ebay says it will work but you can't believe what they say. Don't put your eggs in one basket.
I just lowered my store to Starter. I refuse to pay more money and not get seen and pay higher prices and fees. If it doesn't work oh well neither was basic.
05-01-2018 09:20 AM - edited 05-01-2018 09:21 AM
@memphiskansasgirl123 I agree with you. Ever since the time when eBay removed Watchers from the listing page this year, I noticed a change. It does feel as if someone walked out of the room, shut the light off, and closed the door.
I worked on a good deal of New Listings this month and I noticed a lot of them had 0 views even 3-4 days after going live. ZERO views. I wasn't even getting the typical 1 view by the eBay Bot.
Then all of a sudden I haven't had a sale in 5 days straight. I competively price and research all I list, so I'm fortunate that I've maintained a high sell percentage rate and averaged at least 1 sale a day for over 3 years straight now. I understand those may think this would be normal, but I've been doing eBay on and off now for 20 years, since 1998. Do I know everything, no, but I know when I see something odd happening, and zero views for my new listings and then a drop in sales is odd and cannot be attributed to me or my product.
I don't think it's fair for you to receive the replies you have, beating you up on the product you sell and price. There is certainly something going on that is making me wonder.
05-01-2018 10:58 AM
If you go to the top right click on advance search and enter LL Bean Handbag you will see 395 listings for that search now if you change the default from newly listed to Highest price first you'll only see 5 listings 390 items are no where to be found.... Can't get much more ebay than that....
05-01-2018 11:06 AM
I can tell you exactly what is going on, the Spring Seller update. The same thing will occur in the fall also for that update. It's a twice annual destructive occurrence at Ebay. You can literally mark your calendar twice a year for the month before and the month after seller updates when you will see a downturn in traffic, sales, feedback, everything. It has happened twice a year, every year, since they changed the way the do the update.
Ebay used to do updates on a back up of the site. They would implement all the changes, test for bugs, beta test and then go live and the disruption would be minimal. Now they do everything live without notice for at least a month before the actual update's scheduled release. Then it takes at least a month after the release date for them to fix all of the bugs. This is a big reason why sales and traffic drop.
Sadly the cabal that runs Ebay is completely disconnected from reality or they would look at changing this process. It is the definition of insanity because they keep doing these updates over and over expecting big things and the exact opposite happens. Even after they do these updates, just go back after a few months and look at what the listed changes were and see how many were eliminated after a few months. They end up getting rid of quite a few of the changes that disrupted service to "improve" the site, but those changes turn out to be worthless and useless. Basically they are just wasting time, money and resources at the expense of users.
One of the major problems is the fact that people running Ebay are the wrong people to run Ebay. Look at their backgrounds, the overhwhelming majority are Wall Street and Silicon Valley cronies. It's like a plumbing company hiring florists to run their business, it doesn't work because they don't know the first thing about running a plumbing contracting business. Just take a minute and look who the executives and board members are. Not a single one has any background outside of Ebay in retail, retail marketing or online marketplaces, NOT ONE. The majority come from banking, Hollywood, D.C. politics and Silicon Valley (again, none with retail or online marketplace backgrounds). If any one of them had to spend a month as a seller, they wouldn't survive a week. If you took away their resources, made them start from scratch with a very small budget, they couldn't do it. Not one has ever stood behind a cash register, not one has every worked in a warehouse, not one has ever worked at a small business, especially a small retail business.
Another reason sales are terrible is the way Ebay is run, with horrid structure. I just got off the phone with customer service to report a reoccurring problem with Best Offer. If you try to update a price and adjust the Best Offer auto accept and decline prices, the listing is changed from an update to a new listing and fees are added. I reported this on April 22nd, reported it again last night and today again. The response was that they are working on it and it would take 20 DAYS to fix that miniscule problem. TWENTY DAYS. This tells you everything you need to know about Ebay, how it is run and the people they employ. No accountability, no urgency, no qualified developers or management and absolutely no vision or understanding of how things operate day to day on the site. It's actually impressive Ebay has managed to stay relevant for this long based on who they hire, how they run the site and who is making the decisions. The one thing they all seem to be completely oblivious to is the fact that without sellers, Ebay does not exist, they do not have jobs and that it is us, the sellers who pay their salaries. Even though that fact is reality, they continue to completely ignore us and couldn't care what we think or the ideas we have for improving the site. We have vast and wide ranging experiences as sellers, which are astronomically more than they will ever know in their San Jose echo chamber. Instead of communicating with us, they look down at us a second class citizens of sorts.
05-01-2018 11:10 AM
I saw kinda high prices, unfamiliar brands, and alot of out of season stuff. Ive sold a lot for prom, summer, travel, etc.
05-01-2018 11:14 AM
@cargo11 wrote:
@kathieskorner wrote:Selling 70 items out of almost 1000 listings is roughly 7% - probably pretty typical for vintage and collectibles sellers in today's marketplace. My sales run in the 5-8% range - a really good month is still only 10% - nowhere near the 80-90% of 15 years ago.
It's been that way with me - late 1990s - I had a 95% sell-thru rate - now - it stays pretty much at 5%.
Everything sells eventually. You may have to put it in lots with other items, change selling formats, fix photos, add more details, take offers, change prices, put it in the box for a while, etc. But it will sell eventually - you just need to figure out the best way to do that. Im in no hurry.