The greed in all the corporations has to stop - people are really struggling. At some point no one will afford to live anymore unless you are a billionaire. People are working 3 plus jobs and still struggling.
How is this "corporate greed"? They have costs like everyone else. It's a business, the point of being in business is to be profitable. If they were a charity they would still incur operational costs. Even churches have overhead, hence they charge dues.
@@bellepierre24 tThey are a corporation not an individual business so they operate at a different level....do they ever send you a profit and loss statement? They take money from every transaction and that money gets reinvested...some platforms don’t even pay you right away so that money sits with them and is being used before it’s paid out to you. They pay people to maintain site minimally and what physical work do they actually do? I can continue to elaborate but you think there’s no corporate greed than I can’t illuminate your mind.
I appreciate your Ruby Lane content. I have been selling on eBay exclusivly for 25 years mostly recreationally until two years ago (putting more effort into it). The beauty of RL is it's focus and customer base. I have a large amount of jewelry from my mother's estate that RL will be perfect for (high end jewelry from when she imported precious gem jewelry from Thailand as a business, mid century Native American jewelry, vintage Mexican silver jewelry, and her own semi precious stone custom jewelry of her design, all of which I would never sell on eBay. Likewise, I have been an antique collector for 54 years (since 12 years old) and will use the Ruby Lane marketplace for that since I have to sell everything before I permanently leave the United State for other shores. Anything left will go to an auction house shortly before I fly away. I believe putting a good quantity of items with decent value on RL simply negates the changes in cost you have highlighted. Love your channel and useful content and thank you for doing what you do.
Thanks for this info! I was just thinking about listing on Ruby Lane. I think I’ll put a pause on it for now. I’m a new reseller and need to get my legs under me before I commit to that monthly charge. 😢
Thank you so much for the wealth of information that you provide in ALL of your videos. Your knowledge and willingness to share is wonderful. I haven't taken the plunge into actually reselling yet, but your videos are very encouraging. I appreciate you and Mr. Pish Posh.
Considering Ruby Lane-Etsy shop was doing well until massive drop in sales early this year. I sell quality antique and vintage jewelry so I think Ruby Lane could be better for me. If you can, please do another video on Ruby Lane selling-any thoughts appreciated!
Thank you for breaking this new info down. I am a new seller on RL. Their email wasn’t crystal clear on what the changes really meant to a seller. I thought they would have offered more to a seller to keep them from closing their shops after increasing costs like a good app, easier listing experience, wider audience. Are they about to shut down completely, I wonder? I remember learning in a marketing course that when a brand is phasing out, they increase the price to get what they can before they pull the plug? That’s something to consider when looking ahead. They don’t seem to be growing, evolving, or expanding. Just a thought.
Ruby Lane's been around for about as long as eBay has, maybe slightly longer, so I'm always surprised people don't know about it. I've never bought nor sold on there, but I feel like I've always known about it. I've been thinking about selling on RL and, when I feel I have enough vintage stuff to list, I probably still will.
Yes I noticed the same thing- I would think more resellers at least would have come across it. I remember it usually ranking pretty high on seller satisfaction lists. It opened in 1998.
Thank you for the information and update. As a new seller, I was not sure I could find the inventory for 15 items. Now, not sure I can carry the $45. So, will not be trying it out now. Maybe in the future when I’m more established.
Ruby Lane spotlight and red tag sales have been a bust this year. No traffic, the same Facebook ads over and over. They are not making enough money for them to survive from selling fees. Hence make sellers pay a large maintenance fee. I believe volume of goods will now drop as sellers exit and buyers will look elsewhere. I'm leaving Ruby Lane May 30th.
Thanks for your thoughtful commentary on this. I am still deciding if I will keep my shop open. I do want to clarify one thing about the offset ad fees Etsy charges. It is 15% for shops that make less than 10,000 a year but they can opt out of the program. Shops that make more than 10,000 can not opt out but they take 12%. I am in that later group but overall it has not been that much. It does sting a little when one pops up but my margins are very good and at least I didn’t have to pay in advance to promote it to get the they have also started a program that gives you a link for your items and shop that you can use on SM and if it sells for that link you get 4% back!🤩 I agree that all platforms have their issues but for me Etsy has been the best overall.😊
Yeah used to be good for me too. The offsite ads are just one thing that bother people…thanks for clarifying for anyone reading. I’m opted out in one shop but opted in by choice in another. I think the automatically opting new sellers into it without more transparency is kinda shady…but at least people can opt out after the first shock. I do think that it should still be your choice no matter how big your shop is. Lots of having to pay to play on all the sites so it is what it is. Glad Etsy is still working for you. 👍🏻
Great video and thank you so much for all the information updates concerning Ruby Lane. I haven’t made my first listing over there yet and now I’m not sure if I will, but I think it’s still an option for me, but it’s definitely on the back burner for now I have a ton of jewelry and a ton of other vintage stuff That I can list but so much of my focuses on clothes right now. My money pile is just out of control.
Thanks for the information! I hope you'll consider doing a video on the new Layaway Plan. I'm not sure how I feel about a couple of things -- for example, the process for refunding the sales tax portion if a sale is cancelled and the process for handling installment payments through PayPal. I'd be interested in hearing your thoughts on these and other issues.
Sorry if some of my posts sound like gibberish or a massively long run-on sentence. I often use voice to text and don’t catch all the errors before posting.
Great information, would consider this platform if they considered more payment options. I do not have a PayPal account and will not open one, very disappointing.
Thank you for the RL info as I will be deciding soon where to start listing a massive vintage and antique jewelry collection. I'll look into your other videos but I just have one question. When I pulled up your shop on my laptop and looked at the "solds" there were no sold prices. How can you comp for the RL site without seeing what an item actually sold for on it? Are you just going by other sellers current asking prices or using another service like Worthpoint?
RL does have a shipping calculator but does not print shipping labels, so I use my Pirateship account. Which syncs to Paypal. So yes I can use my thermal printer.
Do you need an LLC to sell on Ruby Lane? Also, can I close my shop on Ruby Lane for a month and then re-open it as much as I want? So in other words, I would only be paying 45.00 for only the months I have the shop open. Is this allowed?
@@pishposhreselling Thank you! I'd like to open a shop with RL, however, on a part-time basis. I'd like the freedom to open and close as I please and only pay the fee for the months I am open. Thank you in advance for checking!
Okay... so it seems the opening and closing would not work. I'm sure it costs something to store information so when a store is closed, the information, listings, records, are not saved. There is also an approval process for opening a shop...which would have to be done again if you re-opened. You could try emailing to see if there is an option like you're describing that is unadvertised.
@@pishposhreselling Ah, thank you! I guess I should ask RL if there is a shop "pause" option. Not fully close, but pause during periods of time. Thanks again!
I do with my other items (i.e...ebay to poshmark etc) but my Ruby Lane items are only on RL. Just the simple reason that there isn't software that would cross post easily...and I know I would lose track of that. Sometimes if something has been listed too long on RL I will move it over to ebay.
Even if you raise your price people don’t have the money they will still offer you less, you can list for as much as you want but people are only going to pay what they can afford.
I'll most likely close down my ruby lane shop because I don't have the steady income from there. I can't justify $45 a month especially when I'm selling more on eBay. That and working full time and managing multiple platforms is getting harder and harder to manage.
The greed in all the corporations has to stop - people are really struggling. At some point no one will afford to live anymore unless you are a billionaire. People are working 3 plus jobs and still struggling.
How is this "corporate greed"? They have costs like everyone else. It's a business, the point of being in business is to be profitable. If they were a charity they would still incur operational costs. Even churches have overhead, hence they charge dues.
@@bellepierre24 tThey are a corporation not an individual business so they operate at a different level....do they ever send you a profit and loss statement? They take money from every transaction and that money gets reinvested...some platforms don’t even pay you right away so that money sits with them and is being used before it’s paid out to you. They pay people to maintain site minimally and what physical work do they actually do? I can continue to elaborate but you think there’s no corporate greed than I can’t illuminate your mind.
I appreciate your Ruby Lane content. I have been selling on eBay exclusivly for 25 years mostly recreationally until two years ago (putting more effort into it). The beauty of RL is it's focus and customer base. I have a large amount of jewelry from my mother's estate that RL will be perfect for (high end jewelry from when she imported precious gem jewelry from Thailand as a business, mid century Native American jewelry, vintage Mexican silver jewelry, and her own semi precious stone custom jewelry of her design, all of which I would never sell on eBay. Likewise, I have been an antique collector for 54 years (since 12 years old) and will use the Ruby Lane marketplace for that since I have to sell everything before I permanently leave the United State for other shores. Anything left will go to an auction house shortly before I fly away. I believe putting a good quantity of items with decent value on RL simply negates the changes in cost you have highlighted.
Love your channel and useful content and thank you for doing what you do.
I’m so glad this was helpful! Sounds like you have beautiful items.
Wow never heard of Ruby Lane thank you😊
No problem 😊
Thanks for this info!
I was just thinking about listing on Ruby Lane. I think I’ll put a pause on it for now. I’m a new reseller and need to get my legs under me before I commit to that monthly charge. 😢
Yes definitely!!
Thank you so much for the wealth of information that you provide in ALL of your videos. Your knowledge and willingness to share is wonderful. I haven't taken the plunge into actually reselling yet, but your videos are very encouraging. I appreciate you and Mr. Pish Posh.
You are so welcome!
Considering Ruby Lane-Etsy shop was doing well until massive drop in sales early this year. I sell quality antique and vintage jewelry so I think Ruby Lane could be better for me. If you can, please do another video on Ruby Lane selling-any thoughts appreciated!
Let me know what questions you have or would like covered!
Excellent Video
Thank you!!
Thank you for breaking this new info down. I am a new seller on RL. Their email wasn’t crystal clear on what the changes really meant to a seller. I thought they would have offered more to a seller to keep them from closing their shops after increasing costs like a good app, easier listing experience, wider audience.
Are they about to shut down completely, I wonder?
I remember learning in a marketing course that when a brand is phasing out, they
increase the price to get what
they can before they pull the
plug? That’s something to consider when looking ahead. They don’t seem to be growing, evolving, or expanding.
Just a thought.
Only time will tell. I'm on so many other platforms I would just pivot again.
@@pishposhreselling Absolutely! I think I might try to wait it out and see if they rethink there changes or add some benefits.
It’s crossed my mind that they may walk back the change? 🤷🏼♀️ But maybe not 😂😂
Ruby Lane's been around for about as long as eBay has, maybe slightly longer, so I'm always surprised people don't know about it. I've never bought nor sold on there, but I feel like I've always known about it. I've been thinking about selling on RL and, when I feel I have enough vintage stuff to list, I probably still will.
Yes I noticed the same thing- I would think more resellers at least would have come across it.
I remember it usually ranking pretty high on seller satisfaction lists.
It opened in 1998.
Thank you for the information and update. As a new seller, I was not sure I could find the inventory for 15 items. Now, not sure I can carry the $45. So, will not be trying it out now. Maybe in the future when I’m more established.
Makes sense!
Ruby Lane spotlight and red tag sales have been a bust this year. No traffic, the same Facebook ads over and over. They are not making enough money for them to survive from selling fees. Hence make sellers pay a large maintenance fee. I believe volume of goods will now drop as sellers exit and buyers will look elsewhere. I'm leaving Ruby Lane May 30th.
Yes it’ll be interesting to see how it plays out.
Thanks for your thoughtful commentary on this. I am still deciding if I will keep my shop open. I do want to clarify one thing about the offset ad fees Etsy charges. It is 15% for shops that make less than 10,000 a year but they can opt out of the program. Shops that make more than 10,000 can not opt out but they take 12%. I am in that later group but overall it has not been that much. It does sting a little when one pops up but my margins are very good and at least I didn’t have to pay in advance to promote it to get the they have also started a program that gives you a link for your items and shop that you can use on SM and if it sells for that link you get 4% back!🤩
I agree that all platforms have their issues but for me Etsy has been the best overall.😊
Yeah used to be good for me too.
The offsite ads are just one thing that bother people…thanks for clarifying for anyone reading. I’m opted out in one shop but opted in by choice in another.
I think the automatically opting new sellers into it without more transparency is kinda shady…but at least people can opt out after the first shock.
I do think that it should still be your choice no matter how big your shop is.
Lots of having to pay to play on all the sites so it is what it is. Glad Etsy is still working for you. 👍🏻
Great video and thank you so much for all the information updates concerning Ruby Lane. I haven’t made my first listing over there yet and now I’m not sure if I will, but I think it’s still an option for me, but it’s definitely on the back burner for now I have a ton of jewelry and a ton of other vintage stuff That I can list but so much of my focuses on clothes right now. My money pile is just out of control.
Yes definitely makes sense to wait until you can give it attention.
Thanks for the information! I hope you'll consider doing a video on the new Layaway Plan. I'm not sure how I feel about a couple of things -- for example, the process for refunding the sales tax portion if a sale is cancelled and the process for handling installment payments through PayPal. I'd be interested in hearing your thoughts on these and other issues.
I’ll keep that in mind! Thanks!
Sorry if some of my posts sound like gibberish or a massively long run-on sentence. I often use voice to text and don’t catch all the errors before posting.
No worries. Hadn’t noticed. 😊
Thank you! Do you feel that you get higher prices on Ruby Lane for your vintage jewelry than other sites?
I mostly had sold on eBay and Etsy in the past and I'd say they're about the same.
Great information, would consider this platform if they considered more payment options. I do not have a PayPal account and will not open one, very disappointing.
I just talked with them and they accept other forms of payment, the reseller can choose type(s)
Thank you for the RL info as I will be deciding soon where to start listing a massive vintage and antique jewelry collection. I'll look into your other videos but I just have one question. When I pulled up your shop on my laptop and looked at the "solds" there were no sold prices. How can you comp for the RL site without seeing what an item actually sold for on it? Are you just going by other sellers current asking prices or using another service like Worthpoint?
From what I understand you have to be signed in.
But it can be a regular account not a seller account I believe.
But I also do use eBay solds, Terapeak and Worthpoint
Hello. Thank you very much for your info. Is the shipping on rubylane similar to ebay? Do you use a thermal printer the same way you do on ebay?
RL does have a shipping calculator but does not print shipping labels, so I use my Pirateship account. Which syncs to Paypal. So yes I can use my thermal printer.
Thanks so much for answering my question!
Is the $45 fee waived first month for new sellers? Otherwise, Idk...
I have not heard that
f you can't decide because of a $45.00 fee, and want it "waived or IDK" then you need to rethink and probably not sell online.
Do you need an LLC to sell on Ruby Lane? Also, can I close my shop on Ruby Lane for a month and then re-open it as much as I want? So in other words, I would only be paying 45.00 for only the months I have the shop open. Is this allowed?
No LLC needed. I’m not sure how easy the close/open shop process is. I can check
@@pishposhreselling Thank you! I'd like to open a shop with RL, however, on a part-time basis. I'd like the freedom to open and close as I please and only pay the fee for the months I am open. Thank you in advance for checking!
Okay... so it seems the opening and closing would not work. I'm sure it costs something to store information so when a store is closed, the information, listings, records, are not saved.
There is also an approval process for opening a shop...which would have to be done again if you re-opened.
You could try emailing to see if there is an option like you're describing that is unadvertised.
@@pishposhreselling Ah, thank you! I guess I should ask RL if there is a shop "pause" option. Not fully close, but pause during periods of time. Thanks again!
Another question: Do you list the same items in multiple shops?
I do with my other items (i.e...ebay to poshmark etc) but my Ruby Lane items are only on RL. Just the simple reason that there isn't software that would cross post easily...and I know I would lose track of that. Sometimes if something has been listed too long on RL I will move it over to ebay.
Even if you raise your price people don’t have the money they will still offer you less, you can list for as much as you want but people are only going to pay what they can afford.
True. It’s tough times all around.
RL fees are more than poshmark st this point
Corporate greed 😢 I was going to come over to ruby lane but not now.
I'll most likely close down my ruby lane shop because I don't have the steady income from there. I can't justify $45 a month especially when I'm selling more on eBay. That and working full time and managing multiple platforms is getting harder and harder to manage.
Can’t imagine working full time on top of reselling! Don’t blame you!