35? Insertion Fee for Fixed Price

 

In another thread someone wondered what affect this temporary “listing bargain” would have on the market.

 

(I am talking only about BSA items.)

 

From what I’ve seen, and felt, is that the primary effect is the lowering of prices for buyers. I have checked quite a few of these listings and found that sales are very weak. Some sellers have dozens of these listings with no sales at all after a half month or so. The biggest winner so far has been Ebay and buyers. As a new lister brings more supply to Ebay, and lists at a slightly more competitive price than the previous lister, the commodity keeps going down in price. A lot of these listings are under $25, making the numbers more expensive unless you have enough sales to overcome the increased listing price. So far anyway. You are paying a larger listing fee and no sales. Even the ones that have sales of a certain item have 20 or 30 more listings of similar items that have no sales or maybe an occasional sale. Many of these multiple items are low priced items anyway.

 

So far, I think this idea is a bust for sellers.

 

 

Comments

If you are seriously watching the prices on these items you will see that they are mostly overpriced. That is the reason they are not selling. I would not call it a buyers market. The pricing of the sellers makes this method of selling profitable only for eBay.

BigJim

By BigJim on October 8th, 2008 at 11:26 pm

I agree. Minimum bids/reserves are too high. Look at the thread above which shows a beautiful felt that a seller started at $4.99 (obviously not knowing what he had) which (as of this writing) is topping $5,000. If you start them low and have a good quality item, the bidders will come. If you search for “Boy Scouts” on eBay right now and filter on highest price all that comes up are a whole lot of tspa items. The highest of which has a “buy it now” price of $10,799.95! A beautiful and rare item to be sure(182 Lone Wolf A1 First issue. Circa 1948), but come on that’s premium retail!!

By jec on October 9th, 2008 at 1:48 am

I just posted some items on the 30 day buy it now option. Will see if it pays off. The final sale fee seems high. just my .02
Bill

By acubin54 on October 9th, 2008 at 3:31 pm

I’ve been selling through this “special” since it started. I listed all of my items high, since I really wasn’t going to loose anything. Now I have quite a few items out there that just won’t sell, but I’ve already covered my fees nicely with the patches that sold above market value.

By missingarrow on October 9th, 2008 at 5:32 pm

I’ve got a few spoof items that I’ve got dupes of and I figured that this would be a good way to list them. So I put up nine listings at the beginning of this new selling model and stocked each with a quantity of 10 each. With four days to go two of the listings have already sold out (all 10 sold) and I’ve been able to relist. In both cases it was someone buying more than 5 in one chunk that helped. Truth be told I was selling them cheaper than I had before so price was another factor. The other ones I had up have not done as well. Three have sold just 1-2 and the other five have sold “0”.

If you ask me this format really isn’t meant for a collectibles category like ours. Here is what I mean. Let’s say we were all selling iPhones and I wanted to get a competitive advantage. So while you’re listing one at a time, or the other guy has a bunch sitting in an eBay store, I go ahead and use this new format (with better visibility) to push more of mine onto the site. Maybe I get lucky and with the buy-it-now price I’m able to get some quick sales. Maybe this format did deliver a boost for my sales.

Now let’s look at our corner of eBay. If I have a Lone Wolf (as mentioned earlier) I’m going to have the only one. So it doesn’t matter if sits in a store, on auction, or what when someone types in that key word they are going to see my listing. Now use this example with just about any other example. The name of your camp, the name of your lodge, the name of your council, just about anything you type in the search box you’re going to get the 5 or 10 or 20 items that are available. If you type in something really vague like “csp”, or “oa” you’re going to get a ton of results but then again why would it help the seller to use this new selling strategy of 30-day listing if someone is searching all 500 items that turn up under csp.

So basically I think people are looking for pretty specific items. We all have our favorite searches we run whether it be for our local stuff or a collecting niche. Mostly we are curious about the new stuff that gets listed every week because we know what’s been on there in stores for months. So if I run that search looking for my niche I’m only going to get a very small number of items and therefore it doesn’t matter if the seller is using 30 days, 7 days, or puts in a store I’m going to see it.

Having said that here is the one area where I would go ahead and use it. If I had something like these spoofs I mentioned earlier that I want to price cheap and put in front of people with the hopes of having someone buy it when they wouldn’t normally search out that item. If the goal is giving the item visibility to people who aren’t necessarily looking for it then I think its a winner. I don’t have all the answers but that is the strategy I’m working on.

One last point. You guys are totally right about some of the folks who are selling their super high-priced at fixed price. They are just looking for that one buyer with deep pockets. They don’t really care about lowering the price since really they are trying to hit a home run rather than an infield single. Ok that was a weak analogy.

By jason on October 13th, 2008 at 2:26 pm

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