posted on March 4, 2006 09:50:34 AM new
I use them, too. I've been using them for a few months. It hasn't hurt business. In fact, I think it has helped me to get repeat customers.
Cheryl
"Our lives begin to end the day we become silent about things that matter." - Martin Luther King, Jr.
posted on March 4, 2006 01:44:01 PM new
MyStoreCredit has been around for a long time. Few eBay sellers have adopted it. I think it's kind of unusual that there are actually two who have that are posting to this thread.
I browse eBay a LOT and I've only seen one seller offering it in as much as six months.
Anybody remember Anything Points? I lump this in the same category. .
When you use buyer incentives, it's a really good idea to survey your customers and ask if the incentives made a difference for them (and if so, what other kinds of incentives they might want to see).
You don't find it a pain to manually process PayPal refunds to fulfill the store credit?
As the MyStoreCredit folks seem all too painfully aware, their system does not actually handle credits. The seller must do that. All they do is track credits and email your customers periodically with a list of 12 of your items (more if you pay more) with their own advertising attached (with YOUR advertising attached if you pay more).
I guess I don't see the difference between this and just putting "$2 off your next purchase of $20 or more from my eBay store" in your auctions, except that you pay MyStoreCredit $29.95 a year. Unless I'm missing something, you're going to end up dealing with the credit anyway.
I have a sneaking suspicion that the primary raison d'etre of the MyStoreCredit people is to be bought by eBay, because the only seamless way for this to work is for the store credit software to be integrated with eBay/PayPal.
posted on March 4, 2006 03:31:01 PM new
If it WERE offered by ebay and integrated, I would pay to use it! I currently offer a discount when 5 or more items are purchased and paid at the same time and it is a PITA to administer because there is NO WAY to do it automatically on PayPal or Ebay!
I can tell by the number of buyers I have purchasing 5 or more items that the discount is effective.
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They notify me via email when a credit is due someone so I don't have to track anything. Then, I just "refund" that amount from the person's purchase if they use paypal. I don't find it to be a pain at all. I could manually put $2 off on your next purchase, but then I'd have to keep track of it all. So far, it's been really easy.
Cheryl
"Our lives begin to end the day we become silent about things that matter." - Martin Luther King, Jr.
posted on March 4, 2006 04:25:02 PM new
I have been using "my store credit" and its a marking tool but only if the buyer signs up for there credit, lots of people don't even sign up to receive a credit towards there next purchase.
What happens is when a buyer signs up that makes them eligible for a store credit on there next purchase over 10.00 also they are agreeing to receive weekly emails from "My store credit" advertising new items that I list and other sellers also are included in that email.
It's easy to use and to keep track of, also easy to send the credit through paypal. But for a seller like myself I sell so many different type of items that I don't think this is really going to help me. So I was thinking of leaving it and putting it under my other selling name where I sell mostly in one category which is Antique Jewelry, maybe it will work better for me there.
