It's quite a noticeable and depressing slump. Usually, November through January are great for me. But not this year.
Covid, poor economy and job losses are all to blame, of course. You've either got money, or you don't. Probably there's also a surge in individuals rushing to resell, like we saw post housing bubble, driving prices for items down because of a glut of options. Cross-posting is more necessary to reach customers. I will pivot away from some categories, and may further reduce prices on some of my listings to blow out that inventory.
Most of my sales have come from Best Offer. Relatively nothing has simply sold at my asking price. But I also haven't been listing top shelf items, because I don't feel they'll get the return I want or need. It's a buyers market. Which presents other opportunities for resellers who invest wisely to flip for great profit in long tail or once the market returns to something resembling normal. Of course there's more risk there. Always learning something new, and not afraid to pivot to new categories. Maybe I can also find amazing deals on some items to improve my business while the market is staggering. I will likely always be a reseller, come what may. Diverting to other platforms isn't out of the question, but definitely cross-posting is essential.
Best of luck to you all. Appreciate the comments.
