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I'm selling a few personal items of mine and just went back to relist the ones that didn't sell and I had a big red Alert up top:
"Please enter a valid Buy It Now price that is at least 30% more than your starting price."
It was 10% I guess until April 30th and back in the day it until had to be 1ยข below the BIN price.
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Sucks. Don't companies ever do anything to improve things?
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Speedy wrote:
Sucks. Don't companies ever do anything to improve things?
Ebay has changed the fee structure (for the better) for sellers who subscribe to an eBay store.
Also the listing fee has been dropped from 50 to 20 cents and there are a lot more free listings per month than there were before. If you sell more than just a few items per month, the $15.99 charge for a store is well worth it. Based on my sales for the month of April, I saved about $468 in fees for the same amount of sales for May under the new fee structure. Without a store, I would be paying 10% after May 1st. With a store, it's only 4%.
It appears that eBay is trying to discourage the casual seller in favor of people who sell using eBay stores.
It sucks, but that's the business model they've chosen, and it IS their business and their choice. If you are selling anything other than collectibles or one-of-a-kind, there's always Amazon. I've found that I get higher prices for items that I sell on Amazon anyway.
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And Craigslist is there for us one-off sellers.
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I know we just talked about this a week or so ago but their drive to turn themselves into "Amazon" is just weird -- and auction site is capable of auctions, whereas Amazon isn't. They are shutting themselves down from auctioning, effectively.
The most annoying thing for window shopping on eBay is seeing the multiple listings for brand new stuff selling for the same price as any of a zillion other places --- and penalizing the little seller does just this.
Criagslist isn't the answer for many items. The marketplace is much smaller; they don't encourage nationwide selling in the least.
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I've bought and sold on Craigslist i have say there's a lot of scams and phishers on there so many that it
gets annoying. i've completed many successful transaction on there but I've also had quite a few nut cases.
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I guess I just don't get why sellers do the auction/BIN option on the same auction. If something is worth selling as an auction, what does the BIN option offer that's an added benefit? If it's a commodity item for which a fair price can easily be figured out, then a BIN is the best bet, with the auction add-on not really bringing much to the table (other than the possibility that someone will get a good deal on the item by winning the item for less than the seller intended).
For me, BIN protects me as a seller, but also caters to the buyers who are looking for a no-hassle experience of making a couple of clicks and completing a purchase. If the item is unique or rare in some way that doesn't neatly fit into a pre-filled product listing, then use an auction.
Am I missing the point here? Is there a reason why a combined auction/BIN is such an attractive type of listing?
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Constant conversation about eBay. They screwed me here, they screwed me there. Yeah, maybe they did, but where else ya gonna go? Amazon for some things, Craigslist for others, Etsy for others still. When you get down to it, though, like richorlin said, it's their business, and that's how they choose to run it. Yeah, eBay is a monopoly, but it only works because it's a monopoly.
Years ago, if i needed something second hand, I'd look for an up-and-coming auction site. No traffic means no bidding wars. I bought many items back in the day for much less than they went for on eBay, just because some seller didn't get the inevitability of it all. Bully for me. Sucked for them. eBay works because it's a one-stop for both buyers and sellers. Complain away, but just know that's where the commmunity is.
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clay wrote:
I guess I just don't get why sellers do the auction/BIN option on the same auction. If something is worth selling as an auction, what does the BIN option offer that's an added benefit? If it's a commodity item for which a fair price can easily be figured out, then a BIN is the best bet, with the auction add-on not really bringing much to the table (other than the possibility that someone will get a good deal on the item by winning the item for less than the seller intended).
For me, BIN protects me as a seller, but also caters to the buyers who are looking for a no-hassle experience of making a couple of clicks and completing a purchase. If the item is unique or rare in some way that doesn't neatly fit into a pre-filled product listing, then use an auction.
Am I missing the point here? Is there a reason why a combined auction/BIN is such an attractive type of listing?
I set the BIN at the high end of the range I reasonably expect. It snags the impatient. But the starting auction price has to be high enough that the BIN looks worth the quick sale to the buyer, but not low enough that someone will bid too soon and spoil the BIN. 30% mandated spread is going to make that strategy tougher.
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