That is the fee for a store owner. Not to be flip about it, but the casual seller isn't going to see much of a change, but this is aimed squarely at volume sellers, who are going to get killed.
Very interesting. That is a large price hike for sure for volume sellers.
I do know that PWCC and Probstein have negotiated lower fees due to their volume so perhaps they can cut the spread on this new fee increase.
I spoke with Brent one time and I believe he said it was a 20% discount. That was part of the value proposition for using a consignor as in this case 2% of the 5% was made up from their fee discount.
Ebay needs to go to no insertion fees like last year and FVFs need to stay at current levels. If they did this, then they would be fine and sellers would stay. Last year during the promotion, I went from 2000+ listings to over 10,000 in my store. Now I plan on going back to 1000 or less and now considering Amazon. I have been approached several times by Amazon for an invite, but after 3 discussions, I told the guy they were not attractive enough compared to eBay. Now I am eating my words. If eBay would do Free insertions, and FVF fees same, they would kill the chance of Amazon getting into their collectibles market. I think websites and AHs are on the rise. Ebay is running theirselves into the ground. Guys like Probstein are of course going to contact and chat with reps because it doens not benefit him if his consigners quit. I think eBay is too arrogant to listen. Time for store deconstruction. I am sure the BST threads will heat up immensely over the next few months.
How much business would Probstein and PWCC lose if they both decide to run their own auctions off of eBay? And how will Paypal transactions change if they're not eBay based? Only the shadow knows.
A paypal merchant account works just fine anywhere, not just ebay. In that sense, they are just another provider in a crowded market and don't have the monopoly to beat you over the head with like they do with ebay.
Again, I am selling there for almost fifteen years, like many of you here, and they have done nothing but make it progressively harder and more expensive to sell. They have built all of the protections around the buyer. In my opinion, this issue really is a powder keg. There is a LOT of resentment that has built over a long period of time and I think there is a very real chance that this is the butterfly flapping its wings that leads to a tsunami.
<< <i>A paypal merchant account works just fine anywhere, not just ebay. In that sense, they are just another provider in a crowded market and don't have the monopoly to beat you over the head with like they do with ebay.
Again, I am selling there for almost fifteen years, like many of you here, and they have done nothing but make it progressively harder and more expensive to sell. They have built all of the protections around the buyer. In my opinion, this issue really is a powder keg. There is a LOT of resentment that has built over a long period of time and I think there is a very real chance that this is the butterfly flapping its wings that leads to a tsunami. >>
I'm not sure when that shift will occur. However, owing to network externalities I'm sure that when it does happen it's going to happen very quickly.
If ebay falls, it won't be because sellers leave due to increased fees. It will be because they raise their prices to offset the fees, causing buyers to stop shopping there, removing the incentive to list there.
<< <i>They have built all of the protections around the buyer. >>
I disagree with this. A few years back a buyer tried to scam me on one of the raw binder sets I sold to him. ebay and Paypal resolved everything in my favor and even removed the negative feedback, that was completely unfounded, that the buyer left for me.
I would like to see an offbay AH spout up that protected the buyer ... at all ... Rick, if you're listening I hope you'll take the opportunity to reinvent things some to better balance the scales. >>
All AHs already have a built in protection for the buyer; it's the fact that you don't have to bid more than you're willing to pay.
2 ebay execs flying out to see me next friday.....this is after I told them I'm starting my own site in addition to ebay...we'll see how this plays out....
let us know what happens Rick! My own personal take on the matter - I have decided to not longer auction any cards greater than $500 value on Ebay. The hit is just too much for me. Everything $500 and under is around a 10% commission anyway, so no big change/loss there.
2 ebay execs flying out to see me next friday.....this is after I told them I'm starting my own site in addition to ebay...we'll see how this plays out.... >>
Great to hear Rick! Let those suits know that raising rates 2x or 3x is absurd and were not gonna take it!
my new rates will lower be lower than ebays and we will do all the work....( consignors can sell thru us on ebay , but rates would be higher ) I will release all the new rates soon enough....
Look them right in the eye and tell them thank you very much for fleecing middle class America. They can join Washington DC, the big oil companies, and all the people who don't want to work who live off of us.
This is nothing but the rich who want to get richer off the backs of working Americans.
Tell them you're sick of it, and they have zero chance of pursuading you otherwise.
Use that fighting strategy to get them to cave into your demands.
Don't let these greedy bums mess with you. ==> I feel like I'm in a position of strength , either they will grandfather in my old rates which would be great OR I start my own site and my rates will be much lower than ebay and every auction house...
we will know within 7 to 10 days....in the meantime, I starting building my own site...
Probstein and PWCC offer a useful service that enhances the eBay experience. They take a lot of the pain out of selling on ebay. I am not sure what compelling service or benefit either would offer by providing their own auction or online store services. I check eBay every day, I rarely if ever check auction houses or online stores. Also with eBay as a buyer there are a lot of safeguards in place, it would be very difficult to replicate that feeling of safety for a buyer with a small auction house or online store regardless of their past eBay reputation. I wish Rick the best of luck but I do wonder how many buyers will follow. I know I would rarely be one.
<< <i> I wish Rick the best of luck but I do wonder how many buyers will follow. I know I would rarely be one.
Robb >>
When ebay first started, people were very leary of buying over the internet. Once word of mouth got around that it was a pretty trusted site, many more joined the party.
If Rick has success with a new site, then word will get around, and many in the hobby will place their business with Rick.
It's up to Rick to come up with a business model that has A. Convience B. Safety C. Results
Buyers will follow Rick if he chooses to go a different route. There is no doubt.
eBay execs wouldn't be going to personally visit him if they weren't worried about this. If they keep pursuing their current course, only the idiots will remain.
Ron Burgundy
Buying Vintage, all sports. Buying Woody Hayes, Les Horvath, Vic Janowicz, and Jesse Owens autographed items
<< <i>Anyone who thinks that the selling prices on average would exceed an ebay environment are just flat out crazy or in denial. >>
Agreed, if it is an auction site. However, it might do pretty well as a "buy-it-now" site given the volume of merchandise, and the variety. Levi does alright with a fraction of what Rick moves (both quantity and variety).
There are already alternatives to ebay popping up, and running successful actions. Sirius and Joe's Vintage Sportscards, along with Sterling, just to name a few. As safe, if not safer, than ebay. If Ebay is flying out a couple of execs to wine and dine Rick just to keep his business they certainly realize that momentum is shifting.
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
I like Rick, he sold many items for me in the past 2 years. I don't see what Ebay has to gain by doing this. Profits are up, the their will be fewer items listed. I could be wrong, but won't they lose money?
<< <i>I like Rick, he sold many items for me in the past 2 years. I don't see what Ebay has to gain by doing this. Profits are up, the their will be fewer items listed. I could be wrong, but won't they lose money? >>
The Levi vs Rick comparison was good. You can equate Ebay to that. If Ebay raises fees, then they will make even more money, with less work (meaning less auctions). The only way they lose out is with a mass exodus, and the lack of legitimate competition prevents that.
Give it a rest! ....jeez......go talk to Bill Mastro, Doug Allen, Wayne Gretzky, Mark Theotikus, Lew Lipsett, Joe Orlando, Carol, Steve Verkman, Rob Lifson, John Cobb, Ray Edwards, Michael O'Keefe, Brent Huigens, et al, or any person who has "wronged" you in the hobby. My apologies if I left anyone out....
I am curious. Basically what I am reading is that eBay is taking, more or less a 10% cut on all sales, which does not include insertion or paypal fees.
Has anyone tried selling on Amazon with any success? I feel that Amazon has a poor style of listing for cards because of the many types and variables. And single cards do not have barcodes, which makes it more of a problem area. I have not done well on Amazon, but I am curious if anyone does. Amazon charges anywhere from 15-30% depending on the price of the sale.
<< <i>Give it a rest! ....jeez......go talk to Bill Mastro, Doug Allen, Wayne Gretzky, Mark Theotikus, Lew Lipsett, Joe Orlando, Carol, Steve Verkman, Rob Lifson, John Cobb, Ray Edwards, Michael O'Keefe, Brent Huigens, et al, or any person who has "wronged" you in the hobby. My apologies if I left anyone out.... >>
Or feel free to start a thread whining about every little thing that happens to you which 99% of the time you bring upon yourself.
It will be interesting to see what is brought to the table. Ebay has a lot of positive things going for it. And they are all on the buyers side right now. They are hurting the sellers big time. But what makes the site still work is the fact that they have so much traffic/buyers. There does seem to be a lack of product/sellers and Im sure it could hurt ebay in the long run. But the thing that will make a new auction house work is if it has buyers. And one thing that is great about ebay is you can get bargins all the time any time of the day. Meaning the items sell for less than normal. Not a good thing for sellers but again another positive for buyers. I know there are other factors like demand and product and many other things. But Thats what drew a lot of people to ebay I feel. Finding items for less. And I know also items you just cant find. But right now I feel price could drive a new auction house with so much compition out there. If this new auction house could offer items at a fair price and even less than fair price Im sure it will draw a croud. But Rick is known for getting the highest prices which will get him sellers but as a buyer I wouldnt want to go to the highest price site. It will be interesting to see how you can make both the buyer and seller happy. Right now the buyers are winning on ebay for sure. But sellers are looking for there cut as well.
He's going to win MVP this year if he stays healthy.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Comments
What kind of seller gets the $9.75 that you are referencing for a $200 sale?
ebay id Duffs_Dugout
My Ebay Auctions
I do know that PWCC and Probstein have negotiated lower fees due to their volume so perhaps they can cut the spread on this new fee increase.
I spoke with Brent one time and I believe he said it was a 20% discount. That was part of the value proposition for using a consignor as in this case 2% of the 5% was made up from their fee discount.
Jason
Again, I am selling there for almost fifteen years, like many of you here, and they have done nothing but make it progressively harder and more expensive to sell. They have built all of the protections around the buyer. In my opinion, this issue really is a powder keg. There is a LOT of resentment that has built over a long period of time and I think there is a very real chance that this is the butterfly flapping its wings that leads to a tsunami.
ebay id Duffs_Dugout
My Ebay Auctions
<< <i>A paypal merchant account works just fine anywhere, not just ebay. In that sense, they are just another provider in a crowded market and don't have the monopoly to beat you over the head with like they do with ebay.
Again, I am selling there for almost fifteen years, like many of you here, and they have done nothing but make it progressively harder and more expensive to sell. They have built all of the protections around the buyer. In my opinion, this issue really is a powder keg. There is a LOT of resentment that has built over a long period of time and I think there is a very real chance that this is the butterfly flapping its wings that leads to a tsunami. >>
I'm not sure when that shift will occur. However, owing to network externalities I'm sure that when it does happen it's going to happen very quickly.
<< <i>
<< <i>So was Probstein in discussion with ebay demanding that his rates not be lowered? >>
Probstein is probably one of the top 15 sellers (volume wise) on ebay, if I were him I too would be in contact with ebay. . >>
Agreed, volume rules and a big seller should pay less.
<< <i>
<< <i>They have built all of the protections around the buyer. >>
I disagree with this. A few years back a buyer tried to scam me on one of the raw binder sets I sold to him. ebay and Paypal resolved everything in my favor and even removed the negative feedback, that was completely unfounded, that the buyer left for me.
I would like to see an offbay AH spout up that protected the buyer ... at all ... Rick, if you're listening I hope you'll take the opportunity to reinvent things some to better balance the scales. >>
All AHs already have a built in protection for the buyer; it's the fact that you don't have to bid more than you're willing to pay.
2 ebay execs flying out to see me next friday.....this is after I told them I'm starting my own site in addition to ebay...we'll see how this plays out....
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
<< <i>new drama... >>
let us know what happens Rick! My own personal take on the matter - I have decided to not longer auction any cards greater than $500 value on Ebay. The hit is just too much for me. Everything $500 and under is around a 10% commission anyway, so no big change/loss there.
<< <i>new drama...
2 ebay execs flying out to see me next friday.....this is after I told them I'm starting my own site in addition to ebay...we'll see how this plays out.... >>
Great to hear Rick! Let those suits know that raising rates 2x or 3x is absurd and were not gonna take it!
I will release all the new rates soon enough....
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
<< <i>And what kind of bidding structure will you employ? >>
Give it a rest.....geez......
Look them right in the eye and tell them thank you very much for fleecing middle class America.
They can join Washington DC, the big oil companies, and all the people who don't want to work who live off of us.
This is nothing but the rich who want to get richer off the backs of working Americans.
Tell them you're sick of it, and they have zero chance of pursuading you otherwise.
Use that fighting strategy to get them to cave into your demands.
Don't let these greedy bums mess with you.
Rick and PWCC have a great business model.
Ebay price gouging is ridiculous! Way overdue for serious competition.
==> I feel like I'm in a position of strength ,
either they will grandfather in my old rates which would be great OR
I start my own site and my rates will be much lower than ebay and every auction house...
we will know within 7 to 10 days....in the meantime, I starting building my own site...
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
I am sure they will give u what you want...
either way...
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
I wish Rick the best of luck but I do wonder how many buyers will follow. I know I would rarely be one.
Robb
<< <i>
I wish Rick the best of luck but I do wonder how many buyers will follow. I know I would rarely be one.
Robb >>
When ebay first started, people were very leary of buying over the internet. Once word of mouth got around that it was a pretty trusted site, many
more joined the party.
If Rick has success with a new site, then word will get around, and many in the hobby will place their business with Rick.
It's up to Rick to come up with a business model that has
A. Convience
B. Safety
C. Results
eBay execs wouldn't be going to personally visit him if they weren't worried about this. If they keep pursuing their current course, only the idiots will remain.
Buying Vintage, all sports.
Buying Woody Hayes, Les Horvath, Vic Janowicz, and Jesse Owens autographed items
<< <i>Anyone who thinks that the selling prices on average would exceed an ebay environment are just flat out crazy or in denial. >>
Agreed, if it is an auction site. However, it might do pretty well as a "buy-it-now" site given the volume of merchandise, and the variety. Levi does alright with a fraction of what Rick moves (both quantity and variety).
Bosox1976
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
Dave
base ball sucks
<< <i>I like Rick, he sold many items for me in the past 2 years. I don't see what Ebay has to gain by doing this. Profits are up, the their will be fewer items listed. I could be wrong, but won't they lose money? >>
The Levi vs Rick comparison was good. You can equate Ebay to that. If Ebay raises fees, then they will make even more money, with less work (meaning less auctions). The only way they lose out is with a mass exodus, and the lack of legitimate competition prevents that.
<< <i>......there's no proof of what Rick is saying ... it could just be a marketing ploy on his part. >>
I vehemently disagree with your position on this hobby related issue.
<< <i>bobbyw8469 are you directing that at me? you seem really agitated. >>
Just making a point.
<< <i>Point made. you are very agitated. >>
You missed the point - right over your head.
have you considered therapy for your little problem?
<< <i>i just think shilling is a problem >>
Why do you think that?
"Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." Dr. Seuss
Has anyone tried selling on Amazon with any success? I feel that Amazon has a poor style of listing for cards because of the many types and variables. And single cards do not have barcodes, which makes it more of a problem area. I have not done well on Amazon, but I am curious if anyone does. Amazon charges anywhere from 15-30% depending on the price of the sale.
----------------------
Working on:
Football
1973 Topps PSA 8+ (99.81%)
1976 Topps PSA 9+ (36.36%)
1977 Topps PSA 9+ (100%)
Baseball
1938 Goudey (56.25%)
1951 Topps Redbacks PSA 8 (100%)
1952 Bowman PSA 7+ (63.10%)
1953 Topps PSA 5+ (91.24%)
1973 Topps PSA 8+ (70.76%)
1985 Fleer PSA 10 (54.85%)
<< <i>Give it a rest! ....jeez......go talk to Bill Mastro, Doug Allen, Wayne Gretzky, Mark Theotikus, Lew Lipsett, Joe Orlando, Carol, Steve Verkman, Rob Lifson, John Cobb, Ray Edwards, Michael O'Keefe, Brent Huigens, et al, or any person who has "wronged" you in the hobby. My apologies if I left anyone out.... >>
Or feel free to start a thread whining about every little thing that happens to you which 99% of the time you bring upon yourself.
Ebay has a lot of positive things going for it. And they are all on the buyers side right now. They are hurting the sellers big time. But what makes the site still work is the fact that they have so much traffic/buyers. There does seem to be a lack of product/sellers and Im sure it could hurt ebay in the long run.
But the thing that will make a new auction house work is if it has buyers. And one thing that is great about ebay is you can get bargins all the time any time of the day. Meaning the items sell for less than normal. Not a good thing for sellers but again another positive for buyers. I know there are other factors like demand and product and many other things. But Thats what drew a lot of people to ebay I feel. Finding items for less. And I know also items you just cant find. But right now I feel price could drive a new auction house with so much compition out there.
If this new auction house could offer items at a fair price and even less than fair price Im sure it will draw a croud. But Rick is known for getting the highest prices which will get him sellers but as a buyer I wouldnt want to go to the highest price site.
It will be interesting to see how you can make both the buyer and seller happy. Right now the buyers are winning on ebay for sure. But sellers are looking for there cut as well.
<< <i>Or feel free to start a thread whining about every little thing that happens to you which 99% of the time you bring upon yourself >>
Sorry, I didnt mean to leave you out HHmag.....please add hhmag to the list of luminaries.....
<< <i>Harper now 2/2, 2 HRs ...wow >>
He's going to win MVP this year if he stays healthy.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>
<< <i>Harper now 2/2, 2 HRs ...wow >>
He's going to win MVP this year if he stays healthy. >>
He's my pick. And would be the youngest ever I believe
<< <i>
<< <i>Harper now 2/2, 2 HRs ...wow >>
He's going to win MVP this year if he stays healthy. >>
If he keeps this streak up, he will have at least 620 homers this year!!
eyebone
<< <i>
<< <i>
<< <i>Harper now 2/2, 2 HRs ...wow >>
He's going to win MVP this year if he stays healthy. >>
If he keeps this streak up, he will have at least 620 homers this year!! >>
Would that be a record?