posted on May 2, 2010 09:28:30 AM new
I hadn't used eBay for a few weeks b/c of the changes, but relented in opening a store 2 weeks ago.
As an experiment, I increased all of the prices on my items to full list price to use the Mark Down Sale feature. I already had Make an Offer set up on these listings. In the process I noticed that eBay simultaneously runs the Sale over the Make an Offer option. So, if I have a $100 item on sale for 20% off, it shows as $80. On top of that, it also gives the buyer a Make an Offer option. At the time, I didn't realize that would happen... but I let it roll for the 7 day sale. My idea with increasing the prices to list and putting them on sale is "perceived value" much like they do at Department stores where certain items are always on sale for 20-50% off List.
Oddly, I got one Buy It Now without an offer. I also got one low ball Make an Offer. Once the sale ended, I started getting more offers (4 yesterday) but they were extremely low... $15-25 offers on $60 items.
Any thoughts on using the Make an Offer vs. the Markdown Sale feature? I don't want to use both on the same listings again. It is either one or the other so that I don't have to make internal auction changes for each item.
posted on May 2, 2010 11:14:47 AM new
Ahh, strategy, what works??
If I use Make an Offer, I put in a reject # so I am not bothered by low balls.I also put in a accept # so they automatically accept if the bid is just a few dollars below my asking price and then a leave a small gap between those 2 so if the item is sitting around, I can decide that perhaps it is time for the guy to be on his way to greener pastures and I can accept the bid or counter.
In my store, I am now doing 30 days, not Good till Canceled, that way I can reevaluate my inventory after 30 days and relist it or put it into auction or wait until it is more seasonal, etc.
Many times I get a buyer that just uses the BIN even when Make an Offer is there. I guess they just don't want to haggle or do not understand the concept.
posted on May 2, 2010 12:09:53 PM new
AFTER YOU PAy your fixed store fee,the incremental cost of adding another item is just 5 cents,I just leave it there ,you never know,some folks would like to buy later when they feel more confident of their job or economy.
I just have a lady who told me she is running out of room in her house!
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There is no 'Global savings glut',only wild horses and loose bankers.
posted on May 2, 2010 01:02:55 PM new
I am only paying for the Basic Store and I pay 20 cents per item. I am not letting lower priced items sit there month after month.
