Beyond that, then try to get you to promote to get in the front of the line. Also consider the possibility that Ebay is actually getting the shipping labels much cheaper in bulk than they ultimately charge us as sellers.
Hi Kevin I am the lady that purchased the goldfish in a bag paper weight. I actually saw it when I was watching your videos when you pick your orders thought it was super cute. I’m going to put it on my work desk. Enjoy your podcast. Thank you!😊 happy picking 😊❤️
Well eBay completely wrecked my sales 2 weeks ago by adding 20% on top of my listing price for buyers to pay turned out to be an eBay glitch no apology no nothing !!! The have no accountability which is wrong I’m a UK business seller
@@commonwealthflipper You did, but you glossed over it a bit and continued to use the word growth and spoke as if eBay was experiencing growth, when it really isn’t.
Ebay is making more money because they are charging the sellers more. Fees are up, their sponsored promotions are raking in the cash for them, and shipping costs are skyrocketing while they take the full FVF on shipping and sales taxes. So sellers are making less.
@@garettanderson6772 most giant corporations are so big they are indifferent to their customers. Ebay is pure evil, they despise their customers with hatred. Just look at their leadership sending a squad to attack and harass a journalist.
My eBay sales have been tanking the past few years. With retirement only a month away, I'm considering going back to doing record shows only. I can sell records for less at a show than I can on eBay, but I will still make more money because I don't have to pay eBay's various fees, including those for promoted listings. Buyers are more likely to buy in person because they can actually see what they're buying AND they don't have to pay shipping costs. Also, I can make as much, if not more, by doing just five or six shows per year as I can by listing eight or 10 records on eBay every day.
Definitely true, a lot of my buyers who buy things under ~30 dollars are people who clearly want new items on a used item budget. They message you things like 'is this item perfect right??' and you have to explain to them that no, it is a used item and may have some signs of use. Very tiring.
EBay advised me I'd be paying an additional (punishment) fee for having too many 'not as described' complaints in my music category. The exact number was 10 complaints in a one year period. Of those complaints, only 2 records were returned for refunds. The other buyers wanted partial refunds. Two important things: All of my records are spot played and double checked for accuracy before shipping. They are all shipped securely in sturdy boxes, double bubble wrapped with cardboard inserts. Also, not a single complainer gave me negative (or even neutral) feedback. Because of this eBay policy I have taken all my 700+ records off eBay and moved them to another site that actually is as equally fair to the seller as to the buyer.
At this point, it is obvious that eBay will NEVER take any of their seller requests seriously nor change any of the policies. It is too easy to skim/scam free shit on eBay. EBay then will do as they did to you and say your "not as described" rate is too high and punish you with higher fees thru no fault of your own. Just more ways for them to bank fees.
eBay is my side hustle. 95% of my stuff is from my house & 5% is from flipping (we have over 500 listings). I watch multiple RUclipsrs to help me grow my little side hustle. Unlist, sell similar. List consistently. What do your pictures look like. Etc. each month we have a $50 -$100 growth since February of this year. You have to work it to make it work. I can’t wait to see what happens during Q4.
It’s definitely slowed down in the last two weeks. We have been tweaking and updating listings. Also plan to delete a bunch of listings that have not sold. Maybe that will help. On the other side we are also focusing on local sales with different marketplaces. Buyers want to save money. Selling local skips shipping costs and will more than likely grow sales in that area.
Kevin, thank you for your videos. Your wisdom and knowledge you present in each and every video while having virtue is amazing. Watching your videos is the highlight of my graveyard shift working for Sherwin Williams. Thank you for the content every week. God bless you and your family. Thank you Todd Miller
I started with Poshmark about a year ago and slowly started ebay a few months ago. eBay has definitely picked up for me lately and has been outperforming Poshmark in my business. It’s amazing to know that one person out there liked my item and decided to buy it from me. Thank you for your videos to keep us informed!
That is exactly what I said when I first started selling on Ebay 12 years ago. I was amazed that with the gazillion items for sale people were buying mine.
I've been purchasing things on eBay for well over a decade and don't even use Amazon anymore. As a seller I can imagine it's tough, but as a buyer it's hard to find better.
@@fuzzy121Even a power seller doesn't make much on each item. Individual people that list stuff periodically most of the time just take a net loss, they are simply trying to get rid of something that they purchased in the past at a much higher price.
I respectfully disagree with your analysis. With inflation requiring us to raise our prices and shipping cost going up then a one percent sales growth would be a big decline. for example, if inflation was 9% then wouldn’t Ebay be down 8%. I’m probably missing something here, but I do appreciate your videos and your your information presented professionally cheers.
im a constant shopper at estates and yards to sell on my ebay and at the swapmeet I do in Ventura fair grounds in California on Wednesday im doing good with ebay.
It's not all doom and gloom. I think some of the weirdness in sales we've all been seeing, in both directions, is tied to the changes ebay has been making and the multitude of glitches associated with them. I had my best week of the year a few weeks ago, immediately followed by one of my worst, then sales went back up. What I will say is that things have been erratic. I've gone from ecstatic to panicked and then back to pleased. I'm kind of grateful in a way. Times like this remind us to keep on top of things and not get complacent.
Ebay having glitches? Surely you jest. Everyone knows ebay's computer NEVER messes up. They just send out those we're having system issues just for fun.
I found out in my eBay business when you are selling a physical product. Sometime you are selling a (need) and you are selling a (wanted) product I sell both. So I learn I have to be patient because I'm selling products that people will buy in days of listing them. Or months of listing them or a year from listing them. I just sold some books that I listened a year ago $150. I pay nothing for those books. Reselling or e-commerce it's all the same. You have to market and promote your products and be patient.😊
On track to be my 2nd best year. The best news this year is USPS cubic rates. Worst is hidden listings when not promoted / algorithm preferring new products with multiple sales listings over one offs.
I just looked mine are up 68% this month already. I think it's all about the energy a person puts into any business. I think my energy is put into listing listing listing & customer service. I was part-time since 2001 & since I retired I am semi- full-time for 37 months.
eBay needs to step up it’s game for the seller, sold 1 thing on eBay yesterday and 4 things on Mercari. I make more on Mercari and I’m happy for that. eBay sales have been minimal, just enough sales weekly to keep me motivated, but not getting rich😂
My sales are down 50%. Doesn't help when I do make a sale it seems like the buyers want to return 1/5 orders. I have started dabbling in other areas. Since ebay wants to only be "part time" money, that's the effort they are getting from me!
Ebay is ripe with people running scams of one kind or the other. Buy it, wear it, and send it back for refund. Then there's the old "I don't like it, do YOU want to pay the return shipping or give it to me for free" crowd. Ebay applauded both.
Really enjoy your channel I’m so fortunate I found you !!! Please advise me on the best way to correctly price and sell my incredibly well taken care of VHS collection
My sales have been solid. My 90 day is a little over 250. K . It is a lot of work but it is definitely doable. You've got to have a good team around you. I have 2 people that list part time. I list 50 a day myself and I have a full time shipper
For me I sell an item that will forever be in demand, however my listing was barely getting views for 5 days straight. This is the first time that I had to worry about low views, but I’m going to put it back up and try it again. I hate that ebay changed the way you can promote a listing. Back then you can promote it as a new seller and now you have to earn it is crazy.
Sales are slow but I did sell a comic book for $650 last week. And somebody else spent 300 purchasing more than 150 comic books in several lots. Buyers are out there but they want deals
I sell on eBay as a side hustle. The 13.4% fee is high and annoying, but it's still low compared to local full service auctions in my city where they take 16.5% from the buyer and a whopping 20% from the seller. One local auction house has raised its buyer fee from 16.5 to 18.7% within one year! The problem with raising fees is I just adjust my bid a little lower to compensate. The auction house could well be getting less money than before. With eBay, I factor in eBay's fees into my selling price. If they want to raise fees I have to raise my prices, and that may turn away shoppers.
eBay often tries my patience but it's what I know best, so as long as they don't become completely insufferable I'd rather stick with it. I have a detailed business plan I look forward to implementing one step at a time, and I'm pleased with current sales. Although not making me rich they're steady and profitable, considering my investment and the amount of effort I put into it. I've been a slacker over the summer months (other than prompt shipping, customer service, and an occasional listing), and it is only just beginning to cool down some in this area.
Hey Kevin! Thanks for the great content! My sales have been great recently especially. I do have a thought as to why sales might be "down" for others because I realized it a while ago. With how the economy is for certain items and such could there be more eBay sales but at a lower than usual individual item value. The reason I bring it up is because I went through my store and started to recheck comps and stuff had almost always had a lower sales price. Anyways I was wondering if you had heard that or experienced it personally? Anyways keep up the great work!!
I pulled my sales from 6/14/23 through 9/14/23 and then my numbers for the same dates this year...my total sales almost doubled. My ASP is only $3 higher per item but my net has more than doubled from the same time period last year. I don't typically do better in Q4 than other times of the year because of the stuff I sell so I don't expect to see an increase coming but this summer has definitely been an improvement over last year for the same dates.
My sales are at an all time high over the last six weeks, and I have been incredibly consistent over the last 2 years on eBay. I really don’t understand all the online complaints of slow sales. My biggest struggle lately has been finding enough good merchandise to restock with. My store hovers around 1,050 items typically. As of 8:00 PM this evening, I have 20 sales today.
I don't remember the last time I sold something for my beginning buy it now price...every buyer comes in with an offer. Some of the offers are reasonable but there are buyers who will offer 50% - 70% off my buy it now price. I always answer but I am not going to give my items away and I think buyers who low-ball to this level can move along to another seller...I will even tell them if the item is cheaper with a different seller.... does anyone else have this happen to them? Is eBay turning into a discount store where buyers just expect a percent off? It feels that way.... auction's 3:49 are pretty much a thing of the past and buy it now are headed that way. A seller can't make money anymore because if it's not the buyers asking for discounts it's eBay thinking up different ways to grab your money. It is not anything like it used to be....so it does make you wonder where it all will end up. Thanks for listening.
I’ve been selling on eBay here n there for years but took it to the part time side hustle in June. I’ve been selling 800-1200 a week. This side hustle us now paying most of my bills. Just built a 550 sq ft garage pole barn. Gonna go harder. My 90 day numbers are staying around 13k and 250 sales
It seems like Ebay is getting damn near 20 percent of my sales. Just sold something for $24.99 plus shipping. My ebay paout was $20.30. This paying fees on postage costs is about getting dead tired.
I believe it is how much effort you put into your business. Anyone doing this full time knows it is crazy to say you have full flexibility working for yourself. See what happens when you go on vacation for a week or 2 and your sales and views plummet. (Also if you are sick and take a day or two off) Also to say as working for yourself you can make your own hours; this may be true but if your are listing a new item at 3AM compared to 8PM you may also be affecting your sales. On Ebay you have good days and bad days but if you look at all your sales and key stats month to month you can usually see why sales are good or bad for a particular month.
eBay stock is up 46% YTD. Up 59% over 5 years. I’m a reseller, I think eBay kicking PayPal to the curb with them being their main processing service was a huge plus for them to make more money. As far as sales, I have seen a specific down tick in auction. Like a significant decrease in bids, and sales volume. I would say with an educated sound mind on this, if you’re going to auction things. eBay may not be the best place to do it anymore.
Hey Kevin I part time resell and my July and August sales were so bad I didn't even crack 800$ for the month. Now in the middle of September I just crack 1000$ and still have half the month to go.
Key points about eBay: 1. EBay will NEVER make changes to benefit sellers. NOT AS DESCRIBED is a cover-all method for all buyers to get a refund (for accurately listed items). 2. The economy sucks. People have less money to spend on wants. Ebay has turned into a FLEA MARKET with the constant lowballs for everything. I have an item (New) with comp sales at $600.00. People want to pay less than half?!?! It's on almost every item. No one wants to pay near comp sales. 3. Other less popular platforms are gaining market share. 4. All the added fees and advertising are KILLING margins for all the long-time sellers.
Have you ever considered having several ebay accts and cross listing amongst them? Ik ebay makes it very hard to have multiple accts but maybe it would level out some of the algorithm stuff
I have found I have the most sales a day or 2 after I list stuff so I try to list stuff everyday, the odd thing is I list a bunch of stuff and the stuff that sells is older stuff that's been listed a while.. weird but that's how it has been working for me 🤷♀
Ebay is too greedy so ebay isn't getting my good stuff any more. I'd rather let a smaller platform take those fees from me than the one I helped build.
I’m on the side of encouraging sellers to quit when they list off all the reasons that eBay “isn’t like it used to be.” I couldn’t care less what it USED to be like, all that matters is how I run my biz and adjusting as needed to get the results I’m hoping for.
I have seen a dip in sales on ALL platforms. Times are tough and people are buying more necessities. My issue with Ebay primarily is the outrageous fees they charge. And its only getting worse. Plus everything is skewed for the buyer. No protection for the seller. It got to the point I was losing money selling on ebay. Sadly, it was time to go. To those that still make money there. Congrats.
I have sold 45 items since Aug 1st . I have 1200 items in my store. I have been selling since 2001 . I will stick with eBay unless they go out of business. This weekend is bad right now for me no sales . Trying to sell off my late mom’s estate items
on last weeks topic - buyer wants my 4 wizard of oz figurines, only 3 were still listed, the Tin mans listing was gone, must have went to get some oil ?
So...profits are up for some people, but some sellers might as well not bother trying. That's how it shakes out. If your sales as a smaller seller aren't keeping up with inflation it's a problem. I'm not a Negative Nancy, if you can make a buck have at it, but do call it like I see it. Stock (things to sell) prices are up, if you can find it at all. (I'm in a tag sale dead zone. I'd have to travel 30 miles to get to anything, which I can't do.) Fees are up. Taxes don't help.Expenses are up. If sales aren't also up, get out while you can. BTW, I've been hearing lots of bad stuff from Etsy sellers too. The management is getting too big for its britches, and greedy with it.
A lot of us took hits starting a week ago . I am way down for the week . I don't mind . I hope it causes newbies to leave and sells at thrift stores tank to help bring prices down. Our restaurant numbers have slowed as well .
I sold a few high dollar guitars on Facebook Marketplace.They paid with PayPal and I had to ship it.Just a 3% PayPal fee.Loving marketplace lately.I always list their first and if it doesn’t sell.I will use EBay.
Gosh, I am not reselling yet and have lots of stuff. What or who is the best place to sell on? It seems like most people are having a challenging time selling their stuff. I plan on starting in January 2025.
How do I price and sell my VHS movies that are original owner and according to your videos may be quite valuable Please if you are able I appreciate your advise !!!!!!!
3rd quarter is half of last year. I'm rather sad.(46.2 %) 1st quarter was 93.3 better than last year. January was awesome! 2nd quarter was about that same. 2.1% less overall, including all other marketplaces, June and July were both 1300 less and Aug was 2254 less than last year. THAT hurts. Yes I track all that LOL. I'll assume I've done something and need to adjust. I wasn't doing this in 2020
I was watching CNBC at lunch hour the other day (the segment with Al Michaels) and the CNBC guy was very bullish on Ebay. He stated that insiders were massively buying the stock. So Ebay execs in the know aren't too pessimistic.
I can tell you one thing. My sales are down significantly. You likely remember my RUclips handle. I have been watching you for years. I am much much better at buying and listing only good items now as opposed to my first year. But, my sales are actually down compared to my first year. Remember that companies are sometimes caught "cooking the books" for various reasons. I do not think eBay is doing well. Remember a few years ago it came out that upper management of eBay was doing some very shady things. Yes, I know the management has changed, but it just proves there is a good chance of corruption at the top.
Been on ebay for 24 years... not doing great but I am part time and I have a spouse who is our main bread winner so I keep going since I don't want to go find another job. It's still worth it for me but not as good as it once was. Just waiting for it to pick up again... hoping in the spring. I sell clothing so quarter 4 is not my best quarter.
In my opinion which isn’t worth much but I have been on eBay ten years successfully and sales come down to one simple thing yes other things matter BUT if you’re not willing to put the work in day in and day out consistently listing items, then you won’t get consistent sales it’s a simple as that
I just started this year doing eBay I don't know anything about how it was before But within the first three months I got to $3000 90 day average from nothing and have grown to have a $15000 90 day total You really just need to only buy the right thing
Success for top sellers, high volume sellers, full time sellers, boosted/promoted sellers- but part timers are tossed to the bottom and get charged 18-20% fee for a sale😔
Two reasons why you shouldn’t pay attention to ANYTHING anyone says about their eBay sales. 1) Everyone’s selling circumstances are different. Not everyone has the time, resources or availability of high demand/good condition items. There is so much variety in what people sell it’s impossible to compare stores. 2) It’s way to easy for people to lie. 😂 If things are going well for you as a seller, much respect. Just remember one persons “doing well” can be another persons “peanuts”. It’s more beneficial to look at the corporate numbers, like Kevin did here, or look at the overall health of retail in general. Thats a better indicator of the health of the industry. Bottom line is alway this: If people have $$$ they will spend it!!!
There’s nothing wrong with ppl commenting that they had growth. There is something wrong with YT’bers lying and flashing extremely high growth titles simply for click-bait.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
IDK if eBay is dying but my eBay sales are dying.
😅 same brother
Mine too. Terrible!!
Me too, very discouraging 😢
Me, too. I had to put my entire store of 1100 items on a 50% off sale to get any sales. I did get some sales but I still have days of no sales.
I think they pushing over last five years little sellers out
How the hell can eBay charge 13.5% on sales price + 13.5 on shipping + 13.5 for state sales tax. Makes no sense.😢
Honestly... they think people don't notice.
Beyond that, then try to get you to promote to get in the front of the line. Also consider the possibility that Ebay is actually getting the shipping labels much cheaper in bulk than they ultimately charge us as sellers.
@@brandonellis9670 Not all of us just got off the shrimp boat. I screw them when I can. Lol
@@tigerbeforyou181 U FUCC'N RIGHT, FUCC EM'
Hi Kevin I am the lady that purchased the goldfish in a bag paper weight. I actually saw it when I was watching your videos when you pick your orders thought it was super cute. I’m going to put it on my work desk. Enjoy your podcast. Thank you!😊 happy picking 😊❤️
Yes it is
Thank you
Well eBay completely wrecked my sales 2 weeks ago by adding 20% on top of my listing price for buyers to pay turned out to be an eBay glitch no apology no nothing !!! The have no accountability which is wrong I’m a UK business seller
I wouldn’t consider a 1% increase “growth”. Inflation is higher than 1%.
I made this point in the video
@@commonwealthflipper You did, but you glossed over it a bit and continued to use the word growth and spoke as if eBay was experiencing growth, when it really isn’t.
I am leaving eBay …… AND I AM NEVER CUMMING BACK!!!
Ummmm, might wanna spellcheck before posting. Just sayin’ 😂
@@raydaddy6914 Hey Daddy. Should I I dump my boyfriend?
Ebay is making more money because they are charging the sellers more. Fees are up, their sponsored promotions are raking in the cash for them, and shipping costs are skyrocketing while they take the full FVF on shipping and sales taxes. So sellers are making less.
I hate ebay.
@@garettanderson6772 most giant corporations are so big they are indifferent to their customers. Ebay is pure evil, they despise their customers with hatred. Just look at their leadership sending a squad to attack and harass a journalist.
This. They only reason they gave “growth” is they are billing the sellers for more promotion
Great for buyers, not sellers.😢
How do they take fees on taxes?!?!? It is illegal to tax a tax. Semantics to eBay. It's crazy.
My eBay sales have been tanking the past few years. With retirement only a month away, I'm considering going back to doing record shows only. I can sell records for less at a show than I can on eBay, but I will still make more money because I don't have to pay eBay's various fees, including those for promoted listings. Buyers are more likely to buy in person because they can actually see what they're buying AND they don't have to pay shipping costs. Also, I can make as much, if not more, by doing just five or six shows per year as I can by listing eight or 10 records on eBay every day.
Problem is buyers are wanting to get things basically free. Not wanting to pay. Make offers that are just ridiculous
Definitely true, a lot of my buyers who buy things under ~30 dollars are people who clearly want new items on a used item budget. They message you things like 'is this item perfect right??' and you have to explain to them that no, it is a used item and may have some signs of use. Very tiring.
I turned off offers and my sales went up.
Not I give what they ask 98% of time.
@@ArthurCohen-mk6ng I set a limit. I hate getting $5 offers on $20 items 🤦🏻♂️
EBay advised me I'd be paying an additional (punishment) fee for having too many 'not as described' complaints in my music category. The exact number was 10 complaints in a one year period. Of those complaints, only 2 records were returned for refunds. The other buyers wanted partial refunds. Two important things: All of my records are spot played and double checked for accuracy before shipping. They are all shipped securely in sturdy boxes, double bubble wrapped with cardboard inserts. Also, not a single complainer gave me negative (or even neutral) feedback. Because of this eBay policy I have taken all my 700+ records off eBay and moved them to another site that actually is as equally fair to the seller as to the buyer.
Which site are you using now?
At this point, it is obvious that eBay will NEVER take any of their seller requests seriously nor change any of the policies. It is too easy to skim/scam free shit on eBay. EBay then will do as they did to you and say your "not as described" rate is too high and punish you with higher fees thru no fault of your own. Just more ways for them to bank fees.
eBay is my side hustle. 95% of my stuff is from my house & 5% is from flipping (we have over 500 listings). I watch multiple RUclipsrs to help me grow my little side hustle. Unlist, sell similar. List consistently. What do your pictures look like. Etc. each month we have a $50 -$100 growth since February of this year. You have to work it to make it work. I can’t wait to see what happens during Q4.
Closing my store tomorrow after 25 years
Me too
Did 2 years ago. Las Vegas is more honest than ebay.
It’s definitely slowed down in the last two weeks. We have been tweaking and updating listings. Also plan to delete a bunch of listings that have not sold. Maybe that will help.
On the other side we are also focusing on local sales with different marketplaces. Buyers want to save money. Selling local skips shipping costs and will more than likely grow sales in that area.
Been longer than 2 weeks
Kevin, thank you for your videos. Your wisdom and knowledge you present in each and every video while having virtue is amazing. Watching your videos is the highlight of my graveyard shift working for Sherwin Williams. Thank you for the content every week. God bless you and your family. Thank you Todd Miller
I started with Poshmark about a year ago and slowly started ebay a few months ago. eBay has definitely picked up for me lately and has been outperforming Poshmark in my business. It’s amazing to know that one person out there liked my item and decided to buy it from me.
Thank you for your videos to keep us informed!
That is exactly what I said when I first started selling on Ebay 12 years ago. I was amazed that with the gazillion items for sale people were buying mine.
I've been purchasing things on eBay for well over a decade and don't even use Amazon anymore. As a seller I can imagine it's tough, but as a buyer it's hard to find better.
It's tough because entitled people think merchants should give them anything the entitled brat wants for free.
@@fuzzy121Even a power seller doesn't make much on each item. Individual people that list stuff periodically most of the time just take a net loss, they are simply trying to get rid of something that they purchased in the past at a much higher price.
I respectfully disagree with your analysis. With inflation requiring us to raise our prices and shipping cost going up then a one percent sales growth would be a big decline. for example, if inflation was 9% then wouldn’t Ebay be down 8%. I’m probably missing something here, but I do appreciate your videos and your your information presented professionally cheers.
Great point on postage. eBays gross sales include postage, and postage is UP a lot more than 1%.
Yes. I made this point so I don’t think we disagree. Inflation is currently not 9 percent however. Thank goodness.
im a constant shopper at estates and yards to sell on my ebay and at the swapmeet I do in Ventura fair grounds in California on Wednesday im doing good with ebay.
It's not all doom and gloom. I think some of the weirdness in sales we've all been seeing, in both directions, is tied to the changes ebay has been making and the multitude of glitches associated with them. I had my best week of the year a few weeks ago, immediately followed by one of my worst, then sales went back up. What I will say is that things have been erratic. I've gone from ecstatic to panicked and then back to pleased. I'm kind of grateful in a way. Times like this remind us to keep on top of things and not get complacent.
Ebay having glitches? Surely you jest. Everyone knows ebay's computer NEVER messes up. They just send out those we're having system issues just for fun.
I found out in my eBay business when you are selling a physical product. Sometime you are selling a (need) and you are selling a (wanted) product I sell both. So I learn I have to be patient because I'm selling products that people will buy in days of listing them. Or months of listing them or a year from listing them. I just sold some books that I listened a year ago $150. I pay nothing for those books. Reselling or e-commerce it's all the same. You have to market and promote your products and be patient.😊
On track to be my 2nd best year. The best news this year is USPS cubic rates. Worst is hidden listings when not promoted / algorithm preferring new products with multiple sales listings over one offs.
I had an atrocious week, but yesterday and today, have been very good. So that helps ease the pain.
Thanks for the shout out! I did get two lights and love the size! Ty!
Super bullish on reselling especially right now is the time to be buying and stocking up while things are abundant and cheap. Sales will come.
I just looked mine are up 68% this month already. I think it's all about the energy a person puts into any business. I think my energy is put into listing listing listing & customer service. I was part-time since 2001 & since I retired I am semi- full-time for 37 months.
Unfortunately, if Ebay isn't showing your listing, no amount of energy will get you sales. That's the biggest issue.
If you’re over Amazon drama, Ditchit is the way to go! Love it. 🌟
eBay needs to step up it’s game for the seller, sold 1 thing on eBay yesterday and 4 things on Mercari. I make more on Mercari and I’m happy for that. eBay sales have been minimal, just enough sales weekly to keep me motivated, but not getting rich😂
My sales are down 50%. Doesn't help when I do make a sale it seems like the buyers want to return 1/5 orders.
I have started dabbling in other areas. Since ebay wants to only be "part time" money, that's the effort they are getting from me!
Ebay is ripe with people running scams of one kind or the other.
Buy it, wear it, and send it back for refund.
Then there's the old "I don't like it, do YOU want to pay the return shipping or give it to me for free" crowd.
Ebay applauded both.
Really enjoy your channel I’m so fortunate I found you !!!
Please advise me on the best way to correctly price and sell my incredibly well taken care of VHS collection
Been doing this a long time, it goes up and down. I just keep doing what I'm doing, fine tune here and there, and it picks back up.
I'm here to stay. Doing good enough for me.... the more that leave the better 💸😈
My sales have been solid. My 90 day is a little over 250. K . It is a lot of work but it is definitely doable. You've got to have a good team around you. I have 2 people that list part time. I list 50 a day myself and I have a full time shipper
Yes, you should have made an offer for all of the copper printing plates. They are great sellers.
For me I sell an item that will forever be in demand, however my listing was barely getting views for 5 days straight. This is the first time that I had to worry about low views, but I’m going to put it back up and try it again.
I hate that ebay changed the way you can promote a listing. Back then you can promote it as a new seller and now you have to earn it is crazy.
Sales are slow but I did sell a comic book for $650 last week. And somebody else spent 300 purchasing more than 150 comic books in several lots. Buyers are out there but they want deals
I sell on eBay as a side hustle. The 13.4% fee is high and annoying, but it's still low compared to local full service auctions in my city where they take 16.5% from the buyer and a whopping 20% from the seller. One local auction house has raised its buyer fee from 16.5 to 18.7% within one year!
The problem with raising fees is I just adjust my bid a little lower to compensate. The auction house could well be getting less money than before. With eBay, I factor in eBay's fees into my selling price. If they want to raise fees I have to raise my prices, and that may turn away shoppers.
eBay often tries my patience but it's what I know best, so as long as they don't become completely insufferable I'd rather stick with it. I have a detailed business plan I look forward to implementing one step at a time, and I'm pleased with current sales. Although not making me rich they're steady and profitable, considering my investment and the amount of effort I put into it. I've been a slacker over the summer months (other than prompt shipping, customer service, and an occasional listing), and it is only just beginning to cool down some in this area.
Hey Kevin! Thanks for the great content! My sales have been great recently especially. I do have a thought as to why sales might be "down" for others because I realized it a while ago. With how the economy is for certain items and such could there be more eBay sales but at a lower than usual individual item value. The reason I bring it up is because I went through my store and started to recheck comps and stuff had almost always had a lower sales price. Anyways I was wondering if you had heard that or experienced it personally? Anyways keep up the great work!!
Yes. Many items that don’t sell need to be readjusted down
My store is not big and I don't sell as much as you. Part timer. But I have been getting a few daily sales lately. This is up for me.
I pulled my sales from 6/14/23 through 9/14/23 and then my numbers for the same dates this year...my total sales almost doubled. My ASP is only $3 higher per item but my net has more than doubled from the same time period last year. I don't typically do better in Q4 than other times of the year because of the stuff I sell so I don't expect to see an increase coming but this summer has definitely been an improvement over last year for the same dates.
My sales are at an all time high over the last six weeks, and I have been incredibly consistent over the last 2 years on eBay. I really don’t understand all the online complaints of slow sales. My biggest struggle lately has been finding enough good merchandise to restock with. My store hovers around 1,050 items typically. As of 8:00 PM this evening, I have 20 sales today.
Yes that is key for everyone it’s simple more great items more sales!!
I don't remember the last time I sold something for my beginning buy it now price...every buyer comes in with an offer. Some of the offers are reasonable but there are buyers who will offer 50% - 70% off my buy it now price. I always answer but I am not going to give my items away and I think buyers who low-ball to this level can move along to another seller...I will even tell them if the item is cheaper with a different seller.... does anyone else have this happen to them? Is eBay turning into a discount store where buyers just expect a percent off? It feels that way.... auction's 3:49 are pretty much a thing of the past and buy it now are headed that way. A seller can't make money anymore because if it's not the buyers asking for discounts it's eBay thinking up different ways to grab your money. It is not anything like it used to be....so it does make you wonder where it all will end up. Thanks for listening.
I’ve been selling on eBay here n there for years but took it to the part time side hustle in June. I’ve been selling 800-1200 a week. This side hustle us now paying most of my bills. Just built a 550 sq ft garage pole barn. Gonna go harder. My 90 day numbers are staying around 13k and 250 sales
It seems like Ebay is getting damn near 20 percent of my sales. Just sold something for $24.99 plus shipping. My ebay paout was $20.30. This paying fees on postage costs is about getting dead tired.
Kevin, could you possibly show a few minutes of you doing a live Dibdit sale. Show how the sauce is made on some of your other platforms too.
Picking up in September, happy with my sales.
Not sure if someone already said it, but Droopy was not Hanna Barbera. It was Tex Avery.
Good morning Kevin and family also Jess and Jeff!😊 huggicates all!😊
I believe it is how much effort you put into your business. Anyone doing this full time knows it is crazy to say you have full flexibility working for yourself. See what happens when you go on vacation for a week or 2 and your sales and views plummet. (Also if you are sick and take a day or two off) Also to say as working for yourself you can make your own hours; this may be true but if your are listing a new item at 3AM compared to 8PM you may also be affecting your sales. On Ebay you have good days and bad days but if you look at all your sales and key stats month to month you can usually see why sales are good or bad for a particular month.
eBay stock is up 46% YTD. Up 59% over 5 years. I’m a reseller, I think eBay kicking PayPal to the curb with them being their main processing service was a huge plus for them to make more money. As far as sales, I have seen a specific down tick in auction. Like a significant decrease in bids, and sales volume. I would say with an educated sound mind on this, if you’re going to auction things. eBay may not be the best place to do it anymore.
I closed my store back im June. I just felt it wasnt worth my time anymore
Hey Kevin I part time resell and my July and August sales were so bad I didn't even crack 800$ for the month. Now in the middle of September I just crack 1000$ and still have half the month to go.
The swung vase is UV reactive glass as well. I think it's cadmium? that is infused during creation
Key points about eBay:
1. EBay will NEVER make changes to benefit sellers. NOT AS DESCRIBED is a cover-all method for all buyers to get a refund (for accurately listed items).
2. The economy sucks. People have less money to spend on wants. Ebay has turned into a FLEA MARKET with the constant lowballs for everything. I have an item (New) with comp sales at $600.00. People want to pay less than half?!?! It's on almost every item. No one wants to pay near comp sales.
3. Other less popular platforms are gaining market share.
4. All the added fees and advertising are KILLING margins for all the long-time sellers.
Have you ever considered having several ebay accts and cross listing amongst them? Ik ebay makes it very hard to have multiple accts but maybe it would level out some of the algorithm stuff
I've been re selling for about a year an a half. I hit a high of about 20k for my 90 day 11 months in then it started declining to 10k currently.
I have found I have the most sales a day or 2 after I list stuff so I try to list stuff everyday, the odd thing is I list a bunch of stuff and the stuff that sells is older stuff that's been listed a while.. weird but that's how it has been working for me 🤷♀
Ebay is too greedy so ebay isn't getting my good stuff any more. I'd rather let a smaller platform take those fees from me than the one I helped build.
I would like to see a comparative analysis of where eBay is today verses where they were in 2019.
Funny 2 days ago I mentioned I’ve been pretty slow. Since then I’ve sold over $500. Just have to be patient and keep listing.
It used to be like this you can't depend on this anymore. Too many glitches
Also just started working for a non-profit taking people to hospitals and stuff like that and just living life to give back now
I’m on the side of encouraging sellers to quit when they list off all the reasons that eBay “isn’t like it used to be.” I couldn’t care less what it USED to be like, all that matters is how I run my biz and adjusting as needed to get the results I’m hoping for.
hey wookery way here . as you know, I’m a newer seller and I am fine with success on eBay and District specifically shop commons and dibit
Good morning Kevin 😊😊
Good Morning Kevin 🦋
Good morning!
Etsy sales are actually up for me, but its because of one seasonal item. Other than that, its usually dead. I dont list much over there either
I have seen a dip in sales on ALL platforms. Times are tough and people are buying more necessities.
My issue with Ebay primarily is the outrageous fees they charge. And its only getting worse. Plus everything is skewed for the buyer. No protection for the seller. It got to the point I was losing money selling on ebay. Sadly, it was time to go.
To those that still make money there. Congrats.
I have sold 45 items since Aug 1st . I have 1200 items in my store. I have been selling since 2001 . I will stick with eBay unless they go out of business. This weekend is bad right now for me no sales . Trying to sell off my late mom’s estate items
Nice arcade sign. Where did you put your railroad signs? ("is the sky falling, Eeyore?" is what I would have named this video)
Behind the tv right side and by the door
on last weeks topic - buyer wants my 4 wizard of oz figurines, only 3 were still listed, the Tin mans listing was gone, must have went to get some oil ?
So...profits are up for some people, but some sellers might as well not bother trying. That's how it shakes out. If your sales as a smaller seller aren't keeping up with inflation it's a problem. I'm not a Negative Nancy, if you can make a buck have at it, but do call it like I see it. Stock (things to sell) prices are up, if you can find it at all. (I'm in a tag sale dead zone. I'd have to travel 30 miles to get to anything, which I can't do.) Fees are up. Taxes don't help.Expenses are up. If sales aren't also up, get out while you can. BTW, I've been hearing lots of bad stuff from Etsy sellers too. The management is getting too big for its britches, and greedy with it.
A lot of us took hits starting a week ago . I am way down for the week . I don't mind . I hope it causes newbies to leave and sells at thrift stores tank to help bring prices down. Our restaurant numbers have slowed as well .
There will always be ups and downs. And we know there is not
another alternative. The only who could be a good alternative in time would be Whatnot.
More alternatives every day
business in general is slower in summer.... many financial traders take summers off
I sold a few high dollar guitars on Facebook Marketplace.They paid with PayPal and I had to ship it.Just a 3% PayPal fee.Loving marketplace lately.I always list their first and if it doesn’t sell.I will use EBay.
Gosh, I am not reselling yet and have lots of stuff. What or who is the best place to sell on? It seems like most people are having a challenging time selling their stuff. I plan on starting in January 2025.
How do I price and sell my VHS movies that are original owner and according to your videos may be quite valuable
Please if you are able I appreciate your advise !!!!!!!
3rd quarter is half of last year. I'm rather sad.(46.2 %)
1st quarter was 93.3 better than last year. January was awesome!
2nd quarter was about that same. 2.1% less
overall, including all other marketplaces, June and July were both 1300 less and Aug was 2254 less than last year. THAT hurts. Yes I track all that LOL. I'll assume I've done something and need to adjust.
I wasn't doing this in 2020
I was watching CNBC at lunch hour the other day (the segment with Al Michaels) and the CNBC guy was very bullish on Ebay. He stated that insiders were massively buying the stock. So Ebay execs in the know aren't too pessimistic.
I can tell you one thing. My sales are down significantly. You likely remember my RUclips handle. I have been watching you for years. I am much much better at buying and listing only good items now as opposed to my first year. But, my sales are actually down compared to my first year. Remember that companies are sometimes caught "cooking the books" for various reasons. I do not think eBay is doing well. Remember a few years ago it came out that upper management of eBay was doing some very shady things. Yes, I know the management has changed, but it just proves there is a good chance of corruption at the top.
Yes. I do know your handle. Thank you as always for watching
It's the economy right now. Things are so up in the air right now. I sell approx 3 or 4 things a day. Last year I sold more.
Been on ebay for 24 years... not doing great but I am part time and I have a spouse who is our main bread winner so I keep going since I don't want to go find another job. It's still worth it for me but not as good as it once was. Just waiting for it to pick up again... hoping in the spring. I sell clothing so quarter 4 is not my best quarter.
It’s Mercari that’s dying.
eBay is being overtaken by live sales.
Where can I get the uranium light checked all links must be doing something wrong😢
In Omaha, we love Virginia come College World Series time! Great baseball program & my favorite sport
I'm going to have to check out dib
In my opinion which isn’t worth much but I have been on eBay ten years successfully and sales come down to one simple thing yes other things matter BUT if you’re not willing to put the work in day in and day out consistently listing items, then you won’t get consistent sales it’s a simple as that
eBay stock is up 40% in the past year. Could be used as an indicator of eBays growth/ health.
Yeah of course it is because they take all our funds in fees therefore stock goes up!!!
What are the numbers for the US only? Their numbers mean nothing for us if China’s and the EU’s sales are up, for instance.
Keep uploading
I just started this year doing eBay I don't know anything about how it was before
But within the first three months I got to $3000 90 day average from nothing and have grown to have a $15000 90 day total
You really just need to only buy the right thing
At one point I was just buying this to list and making very little profit
Now I am super picky with what I get
I’m lucky if I get 1 sale a day!! Very hard to keep it going, I’m spending money to list everyday and I’m becoming very defeated.
All I'm doing is eBay and as of today I already have sales of last year
Ebays extra percent's of increase for quarter 1 2024 is because the increased saller fees & hidden fees b.s. that they be on, thats real talk !
Success for top sellers, high volume sellers, full time sellers, boosted/promoted sellers- but part timers are tossed to the bottom and get charged 18-20% fee for a sale😔
Two reasons why you shouldn’t pay attention to ANYTHING anyone says about their eBay sales. 1) Everyone’s selling circumstances are different. Not everyone has the time, resources or availability of high demand/good condition items. There is so much variety in what people sell it’s impossible to compare stores. 2) It’s way to easy for people to lie. 😂 If things are going well for you as a seller, much respect. Just remember one persons “doing well” can be another persons “peanuts”. It’s more beneficial to look at the corporate numbers, like Kevin did here, or look at the overall health of retail in general. Thats a better indicator of the health of the industry. Bottom line is alway this: If people have $$$ they will spend it!!!
"Is ebay dying" videos have been going on for 10 years now
Yes. Exactly my point
Screw sales...look at how they treat people who feed them.
There’s nothing wrong with ppl commenting that they had growth. There is something wrong with YT’bers lying and flashing extremely high growth titles simply for click-bait.
If i could ripoff yardsalers with no concern for them i guess i could be doing better
By ripoff do you mean pay the asking price and or the agreed upon price?
❤ the Andre / Hulk Hogan tee