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Last Post Nov 3, 2009 6:42 PM by: obbn
Replies: 22
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minibeesknees
Posts: 3,980
(1 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 18, 2009 11:39 AM
It's not that simple. If sales are not covering fees then something big is wrong with the basics of the plan...or the seller doesn't have one. By something big I mean with shipping charges, item description or a price higher then the competition for identical items...or customer service as evidenced by feedbacks, or DSRs.

Then again...there are those who list on here with the purpose of bleeding off customers to another site, or to a website. Those sellers may appear to have a negative income but in real life are just calling ebay fees an expense and ebay income is not expected to provide a profit.
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ztams
Posts: 27
(2 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 18, 2009 12:19 PM
I easily make enough to pay my eBay fees but it's because of the sales from my store. My auctions have not been doing well.

Ztams Totally Awesome Teen Pinups

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haldagobay
Posts: 1,095
(3 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 18, 2009 12:53 PM
I disagree and DONT think that sellers dont have a plan, or a bad one, if they go in the hole. Any good business owner will experiment to see what works better and the OP and others may have tried different combinations, including listing more, listing less, doing BINS vs auctions vs store- and it doesnt mean their plan is bad or they dont even have one. It could mean in this lousy selling environment, they are trying, and it takes money to do that. Many sellers dont have a lot of capital to hedge results with, have the initiative to try anyway. "It takes money to make money" and sellers may be lowering prices to generate sales, keep feedback up to maintain a status- vicious circle, eh?

So far as bleeding off to another site- sounds like an excellent plan to me, lol! (But I would think they should still plan on making a profit!)
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wizard_mithrandir
Posts: 2,936
(4 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 18, 2009 2:06 PM
"So far as bleeding off to another site- sounds like an excellent plan to me, lol! (But I would think they should still plan on making a profit!)"

eBay is, without question, probably the world's best lead generation site. There are many sellers here who use it to make primary contact and then drive traffic to their own website and that can be a very good plan.

But eBay is also, for many, a good primary source of income too. There is nothing wrong with that. Some people don't have the skill, resources, or interest, to pursue off-eBay venues. There is nothing wrong there either. Each person develops the plan that works for them.

The key is, I suspect, developing a plan that works. That usually means working yourself, too. Several years ago we re-thought our plan, made some major changes, and re-factored eBay into the mix. We went from paying eBay hundreds of dollars each month to paying them only a few dollars every now and then. Over all we pay much less in fees then we did previously to eBay and we get more business over all.

That isn't o say we were wrong when we were eBay Power Sellers. We did good business and made money. We've learned more since then, done things differently, and changed the way we operate over all. These are also good things, other good things. But the important thing to note is that they are good things for us and they may not work for others.

YOU have to decide what will work for you and that usually means trying different things as has also been suggested in this thread. Research, study, learn, try, adjust, try again. It's like the kind of like the instructions on the shampoo bottle: "Lather, Rinse, Repeat" -- you just need to know how to identify when you get it right and stop. Of course, for some of us, we are always looking for better ways and never get out of the shower!


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flamesensor
Posts: 1,182
(5 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 18, 2009 4:20 PM
Why in the world would anybody do that?

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diesel_parts
Posts: 3,400
(6 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 18, 2009 6:26 PM
Flame,

That's a really good question. LOL

I closed the store when the profit didn't compensate me for the work I had to do. You know, revise this revise that. I was nowhere near being down to the ebay fees when I closed but had better things to do with my time.

An ebay store is a real workhouse so you have to make a good profit or you won't make minimum wage for hrs worked.

billphil.

I sell parts
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motorgirl63
Posts: 191
(7 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 19, 2009 7:16 AM
I tried listing more auctions in hope of selling more
no they did not sell and yes I had to take profit from store sales to cover them

I wont try that again till sales pick up ouch

fees for october already over 400.00
sales 350.00

Most motorcycle problems are caused by the nut that connects the handlebars to the seat
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dorothysew
Posts: 11,841
(8 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 19, 2009 8:02 AM
I tried listing more auctions in hope of selling more
no they did not sel


I'm not a business person like Carl and others (like to think I have some sense......but there could be arguments), but what I came to realize during my first summer on ebay was if the buyers weren't buying for whatever reason, increasing the # of listings in core (listing fees) was counter productive to bottom line.

Summers after that first one, I ran only normal core, and in fact cut back some, I sold less but profits were alot higher-
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friendtofriend330
Posts: 178
(9 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 19, 2009 9:02 PM
I don't know the ratio of people who are making enough to cover fees and those who are not, but, I do know that it takes time to learn what works for you and what does not. Hard to tell what is going to sell today and why it won't sell in a month from now. However ebay and any auction selling site will have it's ups and downs. Try tracking what is selling and when vs what is seeming to be at a standstill, then research what others in the same categories are doing. If for instance the type of widget you are selling is not selling for others, put it aside and try again at a later date if you can, or just let it sit in store and don't worry about it, but maybe list more of what IS selling. When I first started selling years ago, ( this is a different seller ID than I have had before) I did have times when my fees were higher than sales, but I learned a lot in that time so it wasn't all for nothing. So many things it could be or not, you just have to learn what works for you and ask the big question, is THIS for you? EBAY and any store, auction site etc, is a ever changing business. If you are going to use EBAY you will soon find that the site itself changes constantly as do fees and everything else. If you feel you want to take the chance that the change won't kill your business, then you need to take risks and one risk is losing money. OR you can make it work for you by taking time to see what is working for others and why. For me, I wouldn't want to take a loss any more esp. at this time of year when things normally pic up for folks.
Just my opinion.
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haldagobay
Posts: 1,095
(10 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 20, 2009 12:06 AM
"Try tracking what is selling and when vs what is seeming to be at a standstill, then research what others in the same categories are doing. If for instance the type of widget you are selling is not selling for others, put it aside and try again at a later date"

Good advice regarding what seems to be at a standstill. And here's another idea- I look at what is listed, then list what ISNT. I try selling things out of season and do VERY well because others arent selling it. My biggest selling months for garden items are October, November, January.

You have to be flexible on ebay because it is changed so much. And I am positive they are changing/experimenting on things we dont know about, so it's impossible to try and stay ahead of the game. This board is so very helpful and kudos to everyone who shares and tries to keep all of us out of the abyss of loss!
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sallycp
Posts: 1,022
(11 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Oct 20, 2009 12:38 PM
Except for the brief 2006 SIS, eBay has never failed to meet my low expectations. At least it used to pay for itself but not lately. The little burp I had in sales this summer has been eaten up by fees. I maintain a presence here so I can put it on my business card. Potential buyers at outdoor markets seem to have more confidence in you as a seller when you play the eBay card. At least that's what I tell myself.

This summer I opened an eBay store for the third time to hopefully get Christmas sales, nothing, just a lot of watchers. I'll likely close my store early next year if I continue to pour money down a rat hole. I was doing better with FP and no store so I guess the third time was not the charm. I'm still looking for than 12 Step Program for former eBay store owners!

That said, it's not just eBay. I haven't had a sale on BISI for more than a month. My sales on BISI far more than carried the reasonable monthly fee, cost of materials, etc but no more so I'll likely close it next year. My Coffee Cup Shop is very inexpensive to maintain plus I use the hosting to store images, my web landing page, etc. The best part is that it's on my computer waiting to be uploaded to the web rather than being maintained in cyberland. Not to repeat myself from other threads but I'm worn out filling the cyberland bone-yard with all my hard work.

Back to OP's original question, add me to that list. I blame it on my addictive personality, my determination to stay in the moderate priced jewelry category and being a blond.
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mardemar443
Posts: 1
(12 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Nov 3, 2009 11:21 AM
i cant believe how much fees im paying.
i just paid 73.65 and now in my new balance it says already 65.55 ! this is ridiculous. i sell a pair of boots and they kept 8 dollars. i sold a camera and keep 20 dollar. and also paypal keeps fees 2.
how comes im paying so much fees?:(
(sorry my english)
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tresrhnter
Posts: 1,880
(13 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Nov 3, 2009 12:21 PM
mardemar,

if you use ebays list form it will tell you what your fees will be before you hit the submit button.

try using this site before you list an item to estimate your fees:

Link

I looked at your camera that sold for $218. your fees should have been around $10 for FVF plus insertion fee (which depends on what you started it at).

here is ebays fee page:

Link
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tresrhnter
Posts: 1,880
(14 of 22)

Re: How Many of You Are Not Making Enough to Pay Your Fees?

Nov 3, 2009 12:28 PM
to reply to the topic:

as someone else stated, people with a website or b&m might list here and consider it an advertising expense garnering them leads not sales.

for me, I always made money on ebay but left when I could make more per hour elsewhere.

I started selling here in 1997 and haven't sold since 2007. in those 10 years I hardly ever made money from june-sept. that was always my *off* season where I broke even at best.

every business has that. my family owned a convenience store for almost 40 years. we always lost money jan-march. but we couldn't close down those 3 months and keep our loyal customers.

I always looked at ebay the same way. even though I lost money in the summer, I stayed open for the other 8 months of the year I made money, to keep regular customers looking and coming back.

If you don't have repeat customers, this may not matter to your business and you could close the slow months. I sell vintage postcards of a type that is geared towards getting and keeping those repeat customers.
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