cmsspu
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posted on May 15, 2001 10:09:41 AM new
How is this possible! As of last weeks May 07, My sales are down 90+% This has nothing to do with my listings. My sales run about 65-70% a week with bids. I was making $1500 a month, I'm now -$25.00 on listing fees a week out of my pocket. So how can ebay Stock be up!
Simple we are listing more items thinking it's going to get better. The more we list the better chance we have in sale. Well it's not working! It seems the buyers of items 1-2 years ago are now selling them, Creating less new buyers to ebay! Ebay must start help sellers out by putting more Ads out on TV. Bring New buyers in, open new markets, etc. The stock is only up do to us sellers trying everything they can by listing more items for sale. I myself will back off my listings by 50%. I need to start helping myself.
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magazine_guy
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posted on May 15, 2001 11:01:07 AM new
The eBay market for many categories is saturated. Supply has exceeded demand, and prices have dropped. As a result, many sellers have listed more items to make up in volume (with the help of automated auction software) what they are losing in individual profit margin. Which increases supply, which decreases demand, which lowers sale price, which decreases profit.....and on and on.
As a result, for the first time, eBay's total listings haven't increased in the past few months-- they have started to decline slightly as some sellers start to give up.
eBay isn't helping to attract more buyers-- they continue to siphon the potential buyers off to other sites belonging to their affiliates or cooperative ventures.
This will only get worse as eBay opens eBay Storefronts in the next month, diverting even more potential bidders into eBay's fixed-priced marketplace (a marketplace with an entry price too hefty for most small sellers).
Watch whether eBay includes the eBay Storefronts in their existing search functionality. If they do, it will change the whole auction game tremendously (and not for the better).
Steve
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smw
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posted on May 15, 2001 02:32:59 PM new
It doesn't have much to do with eBay in particular. The Fed cut interest rates by 1/2 point.
On another note: I have noticed that I can sell a lot more with BIN than with the 5 or 7 day format. I think people are getting somewhat tired of waiting a week....
I know I look for BIN listings. Not because I have to have whatever it is RIGHT NOW, but because it is more and more of a pain to make sure I am online to snipe or watch for snipers when the auction ends.
[ edited by smw on May 15, 2001 02:37 PM ]
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MAH645
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posted on May 15, 2001 07:10:34 PM new
I agree with you Steve.
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dhamjpsnet
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posted on May 15, 2001 07:17:19 PM new
Boy Howdee ! I can't sell a thing, I guess it's what they call a buyer's market. I think I'll hold off selling my collectible stuff 'til xmas, sad but true.
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superslif
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posted on May 16, 2001 05:18:20 AM new
My sales have been down to about 40% the last 30 days. They were running at 75% before e-greedy started to make changes and push out the small guy.
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sword013
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posted on May 16, 2001 06:00:00 AM new
Ebay must start help sellers out by putting more Ads out on TV.
When is the last time you saw an ad on regular (commercial) TV? The last thing I saw was a blurb at the end of the show saying that they were sponsoring the Antiques Roadshow, of all things.
Great. That will only bring in more newbies with dollar signs in their eyes to try and sell their "treasures". No help bringing in buyers at all, IMHO.
Sword013(Joe)
[ edited by sword013 on May 16, 2001 06:00 AM ]
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zeenza
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posted on May 16, 2001 06:31:40 AM new
Maybe the big boys preparing to sell huge amounts of this stock started a behind the scenes rumor to pump it up.
Oh well, pity the poor fool that buys now.
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brie49
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posted on May 16, 2001 08:26:00 AM new
I did see a regular eBay commercial three days ago.
My sales are way off too. So far in fact, I have not sold anything in the last 3 days through completed auctions, only to a handful of buyers who have contacted me after the auction ended, saying they forgot to bid. lol
It's a real pain taking only one or two items to the post office to mail.
I also am rethinking about listing my good collectibles now. I'm either going to put a reserve on them so I don't have to give them away, or wait until late summer.
The worse part is, I have tons of neat items I can list (one and a half roomfuls).
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kittykittykitty
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posted on May 16, 2001 12:11:34 PM new
i'm getting depressed. and worried 
this week is the first time since i've been selling that sales have been so BAD. very few bids - on maybe 3 out of 10 items. tiny increments. a few things ended with no bids at all, and these are items that should sell very well.
uh oh.
kittyx3
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sword013
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posted on May 16, 2001 01:41:45 PM new
I went back and checked my paperwork from last year at this time and there was a slow down just before Memorial Day weekend. It just wasn't happening this soon though.
kitty - very few bids - on maybe 3 out of 10 items.
I would love 30% of items bid on. That's a good week for me! An average week is only 2 out of 10, or 20% with bids.
Sword013(Joe)
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Dragonfyree
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posted on May 16, 2001 01:55:22 PM new
I've sold more items on Yahoo this week then I have on Ebay. Is that scary or what?
Not Dragonfyree anywhere but here.
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Capriole
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posted on May 16, 2001 02:17:29 PM new
Are we the sardines that will be food for the orcas they are about to let in the tank?
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lifesablur
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posted on May 16, 2001 02:43:53 PM new
What with the slow sales and bidders threatening my life, I'm done for the summer.
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jrb3
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posted on May 16, 2001 02:54:39 PM new
What are you people selling?
I gather new items, just a guess.
With new or non-unique items with so many sellers the price is bound to go down.
People always tell me I listed same items last month and sold 90% this month I only sold 30%.
When selling new items repeatedly bidders catch on and instead of bidding wait until same items come next week.
For every 1 new item you sell there is one less bidder next time around.
Try cutting back frequency and amount of new stuff to drive up demand.
I sell vintage jewelry and had a great month so far selling 90-95%.
If you're selling vintaqge stuff try dropping prices.
I tried selling 3 bracelets last cycle at $5 each all 3 closed with 0 Bids.
I relisted starting at $1 they are currently at $10.50, $11.01, and $9.50
It's all a matter of getting bidders interested.
Joe B
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celebrityskin
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posted on May 16, 2001 08:40:07 PM new
Current state of my auctions:
Dollar Ammount at the moment : $1,333.13
Total # of auctions: 162
Total # of bids: 564
All start at .01.. with reserves.
Approx 3 days left. Hope to hit 1000 bids.
Will report back.
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bluroks
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posted on May 17, 2001 05:50:29 AM new
Hate to say this, we also sold a lot more on Yahoo this past two weeks than on Ebay. And here is another startling fact: Our Yahoo bidders are paying fast. Only on non payer this month. Ebay though- at least ten non payers and definite lack of bidders. Plus we are getting a better bid price on Yahoo than on Ebay.
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kittykittykitty
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posted on May 17, 2001 11:21:28 AM new
I know I look for BIN listings. Not because I have to have whatever it is RIGHT NOW, but because it is more and more of a pain to make sure I am online to snipe or watch for snipers when the auction ends
smw,
i think you might have something there. maybe a lot of people, short on time to begin with, are tiring of babysitting auctions.
jrb3,
don't know about the others, but i do primarily sell vintage stuff. nice to hear someone's got a good sell-thru rate. just wish i did too!
kittyx3
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