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one thing about not running auctions

The last few times I ran auctions my sell-through rate was low so I decided I would just list the stuff in my store at Fixed Price (I am talking about book lots for the most part). The only problem with that approach is I don't have the necessary fire in my belly to get it done even though I can do it at any time of day. Running auctions gave me the discipline to make the time in the evening to list them. I really need to get with the program because the stuff is piling up and does me no good unlisted.

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one thing about not running auctions

I believe this is category specific on sell through rates (15 day totals). I was bored to tears today at work so I ran a spreadsheet on my sell through rate vs some sellers I follow. Yes, I was truly that bored! Out of the seven sellers myself included I was stunned. The seller that I truly admire had a 85 percent sale rate on auctions and 24 percent on BIN items. I had 35% auction and I was the middle guy. Amazingly though the mega lister had only 4 percent and dead last. The 85 percent seller had over 400 items sold in the 15 day period.

 

The main thing was every seller except one ( both auction and BIN where 8%) the auctions heavily outperformed BIN items. 

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one thing about not running auctions

Auctions and buy it now are such unpredictable things...

I made two auctions for junk drawer lots and they weren't very good lots at all (in my opinion) but one sold for $100+ and the other for $160 or so. I was shocked.

I started both at $19.99 starting price. So, what did I do? I put together two junk drawer lots 10x better in my opinion, aaaaand... they both sold for the starting price of $19.99 and one I think got an extra $3 bid.

On the other hand, I once found this random piece of costume jewelry for .25 cents at an estate sale and I was going to list it for $10 buy it now, but I listed it as a .99 cent auction and it ended up selling for $500... this was maybe two years ago.

So darned if you do, darned if you don't. You can't really form any real theories on whether auctions or BIN is ideal in a certain situation because these things are extremely unpredictable.

As for buy it now, I once had an item sit in my store for FOUR years at the BIN price of $4.99 + $2.99 shipping, and I raised the price to $20 buy it now + $2.99 shipping and it sold within hours... what the heck.

This place certainly gives me whiplash sometimes.

As for motivation, I will share a trick I use to motivate myself. I have an "item listing diary" and I turn it into a game. I have a notepad file on my computer with dates and with how many total items I listed on that date. Then, I try to out perform myself the next day. If I listed, say... 20 items on Monday, on Tuesday, I'll mentally challenge myself, being like: "Think you can go for 25 items today to beat Monday's score? Hmm... challenge accepted" - and believe it or not, I once listed over 300 items in a week by playing that silly game with myself. Yep, haha.

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one thing about not running auctions

The main thing was every seller except one ( both auction and BIN where 8%) the auctions heavily outperformed BIN items. 

 

Now if only the payment rate heavily outperformed BIN items (fixed price, IPR)

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one thing about not running auctions

My sell through rate is miserable but I'm not alone. The stuff that doesn't get sold is astronomical. 

The clothing and jewelry catagories are the worst, in my opinion. 

Dear God, please help me to be
the person my dog thinks I am.
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one thing about not running auctions


@keziak wrote:

The last few times I ran auctions my sell-through rate was low so I decided I would just list the stuff in my store at Fixed Price (I am talking about book lots for the most part). The only problem with that approach is I don't have the necessary fire in my belly to get it done even though I can do it at any time of day. Running auctions gave me the discipline to make the time in the evening to list them. I really need to get with the program because the stuff is piling up and does me no good unlisted.


This is actually what causes me to focus too much on eBay, and not enough on the other items I sell on other venues.  Since I run all .99 start auctions here, my sell through rate is approx. 100%.  It's a lot easier to get motivated to get the next week's listings written when I know they'll all be sold shortly.  The other stuff may not sell for a month, or for a year, and there is just no pressing need or motivation to get it done. 

 

I fully understand why most sellers of most items won't list auctions at .99 start, and if I had low STR as a result, it would certainly not motivate me.  If I don't have a new batch of listings for next week, I won't have any listings up next week, and I won't be selling anything here next week either. 

 

Interestingly, eBay keeps me motivated.  I consider eBay a week-to-week proposition, they might change policies or fees or search or whatever... I might be done selling here next week.  The more it looks like it might implode any day, the more anxious I am to get it sold sooner rather than later...   I don't want that stuff backing up.  But I will always have other options to list slow moving Fixed Price listings for the other stuff... on numerous sites... another day. 

The Floggings Will Continue Until Morale Improves.
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one thing about not running auctions

Now if only the payment rate heavily outperformed BIN items...

 

That's one of those "it depends" things too.  I don't think I've had more than one unpaid item in my last 500... and I completely removed the Buyer Requirement for Unpaid Item Strikes several years ago. 

The Floggings Will Continue Until Morale Improves.
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one thing about not running auctions

Whenever I receive free auction listing promos, sales go thru

the roof for me. A nice, strong cup of coffee helps keep me motivated.Smiley Happy

 

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one thing about not running auctions


@castlemagicmemories wrote:

The main thing was every seller except one ( both auction and BIN where 8%) the auctions heavily outperformed BIN items. 

 

Now if only the payment rate heavily outperformed BIN items (fixed price, IPR)

 

Normally 90% pay within 24 hours. And the rest within 72 hours. I have some that contact me because they are bidding on more items and want to combine both weeks purchases. I don't mind that at all.

Again this al comes down to the category you sell in.


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one thing about not running auctions

Same here, except the free auction promos for me have disappeared. Nothing. Everyone I know got 100 free listings around the 12-15th, not me 😞

Really would like to know why eBay gives some sellers freebies and not others. I am above standard with no returns or SNAD'S, no problems, 30 day free returns, ship same day, everything they keep telling me to do. I have called them and they say my account is great, no problems.

No, it isn't. Hasn't been since the beginning of April. I am going BROKE. And I have no idea what to do, I have done nearly everything they tell me. Now they want me to open a starter store. IS THAT THE CON? Pay for a store and wallah, I will be on eBay again?

What is the consensus on this new eBay starter store? After reading hundreds of posts by people wanting to get out of their stores because they are not worth it, I do not know why I would/should pay for a store if nothing changes? So it goes from 50 free listings to 100 free listings. I used to get at least 100+ extra free listings here every month. Not anymore. Is that the game now, no extra free listings unless you are paying for a store? I almost went for a small store until I about other sellers experiences with stores. I do not have the money to open a store to see it crash. I am getting so scared with the crash in eBay sales, I have ZERO confidence on paying for a store. Anyone?



What happened to the free promotions? I had one for 200 free listings a couple of months ago, now nothing. I do not understand anymore. At all.

Anyone else not getting free listing promos? Or am I black listed, I still cannot figure out why I get no promotions now.

Very depressing. I have even coughed up a number of .35c insertion fees, still no offers. I am no longer listing until this changes, I cannot afford to list items that sell for under $10 with listing fees and the very real possibility that they will not sell.

I decided to test eBay and listed a rare vintage brand new Coco Cola keychain starting at .01c with Free same day shipping. eBay showed the keychain on my computer as near the top of search results, on a friends computer I was buried.

7 day auction that ended on Sunday night at about 8 PM. I posted it all over the Internet on social media. I knew I was likely to give it away, but it was a test.

It sold for .39c. Coca Cola ALWAYS sells for me. Something is very wrong for some sellers, they hid this keychain, I
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one thing about not running auctions


@ted_200 wrote:

Now if only the payment rate heavily outperformed BIN items...

 

That's one of those "it depends" things too.  I don't think I've had more than one unpaid item in my last 500... and I completely removed the Buyer Requirement for Unpaid Item Strikes several years ago. 


You are fortunate!Smiley Happy

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