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For those curious about ebay's new GTC effects
amwldcoin
Posts: 11,269 ✭✭✭✭✭
I just had my 1st group of Good til Cancelled relist. They do not show in newly listed items and pretty much are at the bottom of any search. The only things lower are older good til cancelled listings as the best as I can figure.
So will everyone start ending the GTC's early and manually relisting? Obviously with ebay trying to ring every dime they can out of listing and advertising fees(promote your item) one needs to do what ever they can to have a least a slight chance of being seen. I just saw a coin far inferior to a coin I have listed in the same PCGS grade sell fixed price for more than mine. That is frustrating.
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If you’re someone without a ton of listings, then it does seem worthwhile to manually end the listings a short time before it’s set to auto-relist and list them manually to have them show up on top. I have experimented and the listing is saved when you manually end it (so you don’t have to recreate it when reposting).
If you have many listings, maybe pick a few of your better items and manually end and repost those.
I've been including the date that I listed the item in the Title so I know when to cancel the listing before ebay does an automatic relist.
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I always liked the 7 days buy it now auctions, it would sell with only a few hours left, now listings are stuck in the black hole when they never end
Ebay is a riches to rags story. They struck gold two decades ago and have done everything possible since to destroy the success.
Why not just look in my ebay. You can organize your listings to which are ending soonest. I've figured out my strategy. I'm going to relist in the morning and end listings in the evening before I hit the hay the night before they end. Wonder what eBay's move will be after this?
In my opinion, it would be a huge mistake to end the listing any more than a few hours before it ends. A lot of people just browse first day or last day listings.
Disagree. They have evolved, of necessity.
It's not ebay's fault that coin margins suck.
If the buyer just lets eBay pick their search criteria (best match) they don't show how much time is left until the item ends for fixed price listings. Even if you select the item it doesn't show how much time is left, it just says "Limited time remaining". Only if the buyer selects "ending soonest" does eBay show the time remaining. At least that's the way it works for my listings.
it's crackers to slip a rozzer the dropsy in snide
I have to disagree here. Now that ebay is a publicly held company they have money crunchers figuring out how much more they can make(Is the turnip dry yet?). Some short term moves....like a few recently will not stand the test of time In My Humble Opinion!
Try some 7 day auctions starting at your low Best Offer acceptance price.
You can disagree all you want, but the fact is that eBay is the FAR CHEAPER than Amazon for a seller. With marginal sales costs of 10%, it is a BARGAIN. The problem is that most COIN margins are 10% or less. For normal retail products where the wholesale/retail margin is more like 40% there is no problem.
You also ignore the broader picture. Most of the things coin dealers hate are MARKET NECESSITIES because Amazon, Walmart, etc. already offer them: free returns, for example. eBay now offers guarantees that they NEVER DID before, because they have to. That costs eBay money.
That is correct. But I run 1000 BIN every month. 70+% of the sales are on the 30th day. People either look for new stuff or ending stuff when they are browsing, they don't search the entire list.
This of course is different for some people who are looking for specific things.
This is another good idea that has occasionally worked for me.
One can also do an auction starting at your best price with a buy-it now price that is 30% higher (or more, but 30% is the smallest amount eBay will allow). That way you can potentially have your item seen by the buy-it-now and auction only people.
end listing, sell similar whenever you want to move up in the newly listed list.
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I have a few coins listed on usacoinbook.com Payment is accepted by Paypal. I'm surprised people are not migrating that way! No listing fees and 2% if you sell! Not that much more protection than ebay offers if you pay with Paypal.
Big problem is: Feebay does not let you make any changes in listing terms. You can not end a listing!!
you can, I guess, only cancel a listing with fees attached!!
I have 3 up right now. I fell into the trap by renewing an existing listing trusting it would be the same 7 day listing.
well, found out it is not so.... it was listed till cancelled.. or sold with automatic re-listing fees.....
I rest my case...
where can we go????
lets all approach Joachim at MA shop and tell him to become competition to Feebay.
Ma-shop.com
So lets pick a higher margin business like basketballs or fry pans or rock' em sock' em robots.
Amazon has begun building their third distribution center in my market. A million square feet and 1500 employees> They have their own fleet of delivery vehicles as well.
How does the guy in Schenectady compete when he sells on Ebay. He has to pay 9% ( to the gonifs plus 3% to Paypal. Ebay collects another 7-9% sales tax and he has to mail the item which will take 3 or 4 days vs Amazon same or next day delivery.
Only changes at Ebay have been spinning off the very successful Paypal (and transaction fees soared) and outsourcing customer service to Ho Chi Mihn City.
Give them 3-5 years and they fold.
Sounds enticing, but how much traffic does it get versus Ebay? I just browsed, and the listed prices seemed a little high. How well do your items sell there?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
That is the key question! Traffic. I see very little and have not sold anything yet. It does surprise me because the listings are picked up and advertised on collectors.com. I suspect the majority of my hits have been from bots from other websites.
I certainly hope this will improve because if it does it is a very good alternative to ebay!
Good point here. I do try to update a little just to get refresh at times. If you have enough free listings it’s worth it.
You will always get 2-3 hits that are eBay checking the item for fairness accuracy and probably 1 for yourself. Only top list usually on price only unfortunately
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Amazon fees are DOUBLE ebay. I don't know why anyone thinks amazon is cheaper.
As Coinstartled wishes for ebay demise, I use ebay to grow and promote my business.
Because of ebay, I am now one of the top error coin dealers in the world.
Thank you ebay, for continuing to help people who want to do the hard work to build their business on eBay's massive platform.
Lets assume the GTC listing is canceled by the seller.
then. IMO, there are only 4 possibilities for that GTC listing to end as it goes on continuously with re-listing fees applying.:
1 Ebay cancels it for whatever reason
2 seller cancels it with possible penalties and fees
3 it is actually purchased
4 cancel your FEEBAY account. and there they will also get you
Nowhere does it say anything except, I would be surprised if not, somewhere it is. we may / will charge a cancellation fee. they would not miss that.
or can we simply cancel the listing like no longer available?
will Ebay charge a fee for that cancellation?
You can cancel a listing when you want with no fees so far. I suspect something will change when many people start ending and relisting as I am doing now. I'm thinking their 1st move will be to wipe out your listing so you have to create from scratch to relist it again. I also would not be surprised if they do try to start charging a fee.
At this point I wouldn't put any thing past ebay.
Thank you
I have 3 coins there getting stale and they will be canceled