cantwin
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posted on January 17, 2008 07:34:44 AM new
economy worsens will there be a pull back on bidders spending? whats your forecast time to jump ship??
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TheFamilyBiz
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posted on January 17, 2008 07:58:28 AM new
Yes - please do. The more people who leave, leaves more customers for me. <smile>
Wayne
Never explain -- Your friends do not need it and your enemies will not believe you anyway.
~ Elbert Hubbard
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cantwin
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posted on January 17, 2008 08:53:43 AM new
hey Wayne I have been on since ebay first started, and i gotta tell ya its getting worse
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vintageads4u
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posted on January 17, 2008 09:01:10 AM new
I think it depends on what you are selling.
Beth
Antique Ad Shop
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niel35
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posted on January 17, 2008 09:01:19 AM new
EBay started before 2001. I've be on since 1999 and it started before that, but not sure of the date.
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niel35
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posted on January 17, 2008 09:03:46 AM new
Founded in 1995.
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pixiamom
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posted on January 17, 2008 09:05:35 AM new
Made my first purchase in late 1995
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cherishedclutter
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posted on January 17, 2008 09:20:14 AM new
Niel35 - I think your logic is faulty. I was an ebay member before I was a vendio member could be the same for Cantwin.
As for the original question - I have no plans to jump ship. But then again I just do this on the side. It's not my main source of income.
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cantwin
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posted on January 17, 2008 09:31:16 AM new
cherishedclutter thanks for your comment you are right i have been on ebay since 1997 and then joined vendio down the road na d i have sold from a-z and made very good money ,but i see a slow down in alot of areas.
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roadsmith
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posted on January 17, 2008 09:38:16 AM new
I'm sure it does depend on what you're selling. But the current "recession," or whatever they want to call it, is bound to make a difference to many eBay sellers, isn't it?
I watch and purchase from QVC regularly, and occasionally from HSN. Both shopping channels are having huge sales, free shipping, markdowns --much more than their usual January selling. I look at those channels as a canary in a mine.
_____________________
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ggardenour
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posted on January 17, 2008 09:45:36 AM new
Jump! Economy worsens whats new and for whom?
Energy cost rising then folks buy on line instead of driving all over. Folks not going out to eat or movies to save money. I am betting that they'll be home on the intrernet.
The economy is worsening for those that bought more house and cars then they could afford and the idiots that gave them the money to do it. Boo Hoo for Citigroup and it 24 billion dollar losses. Then didn't just make one mistake they made 24 billion mistakes. Sorry got off track.
Back in the early 80's "recession" an old guy told me not to worry about the economy, because there are always people spending money and after 25 years of retail selling and living through the highs and lows of the US economy he was right.
I hope a lot of sellers jump ship too.
Greg
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cashinyourcloset
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posted on January 17, 2008 10:00:52 AM new
Greg,
For consignment sellers, it will probably be a boon. The gating factor to success in consignment is getting items to sell, not how much they sell for. So, I expect that more people will provide inventory. OTOH, if the economy REALLY tanks, they won't want to pay the commission. So, I guess it's an upside-down U curve; economy bad is good, too bad is no good.
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niel35
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posted on January 17, 2008 03:16:01 PM new
You're right Cherish. I read how long she has been on VD.
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ladyjewels2000
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posted on January 18, 2008 08:56:03 AM new
I sold an item last night for $76 dollars - it was in mint condition. I sold the same items 2 years ago (with minor damage) for $170.
I won't jump ship but I'll have to be very careful on how & what I sell.
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hwahwa
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posted on January 18, 2008 01:51:53 PM new
Someone posted on Ebay seller central,she spent over 50 dollars listing fee and sold nothing !
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Lets all stop whining !
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cantwin
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posted on January 18, 2008 02:21:14 PM new
well one thing i can say ive learned the fundamentals of running a collection agency,I wonder what the percentage is in how many bidders don't pay! Once the auction ends the winning bidders credit card should be automatically charged so the sellers don't have to chase them for the money!@!
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TheFamilyBiz
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posted on January 18, 2008 02:29:02 PM new
You can spend a lot more and sell nothing, too! You can try to sell a bag of crap (literally or figuratively - your choice) - and use Featured, Bold, Gallery, etc. - and really rack up the majority of that amount.
In reality, I give more credence to those who sell a consistent "type" of product that is stable month-to-month. I'd be curious what they are experiencing.
I get tired of the daily "The Sky is Falling" folks who don't understand the basic nature of our economy. We've had nearly 30 of them with personal computers and now nearly a dozen with the Internet - to be able to predict what impacts the buying public.
It's going to be like this until the Presidential Election in November. The economy will "change" no matter who is elected - in the short-term. The long-term will depend on what the new president can do (along with Congree).
(Trying to stay middle of the road on the politics because it's not the right place for it here. But, it is appropriate to discuss the economy that affects us all.
Wayne
Never explain -- Your friends do not need it and your enemies will not believe you anyway.
~ Elbert Hubbard
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cashinyourcloset
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posted on January 18, 2008 06:35:43 PM new
Wayne,
I'm afraid that, no matter who gets elected to the Presidency or Congress, there's quite a bit of carp that needs to get blown out of the plumbing. We're probably in for a couple of years of financial pain felt by the majority of Americans.
The American consumer has kept the party going past curfew, but I think he's tapped out now.
A recession is not the end of the world. If the financial markets seize up (i.e., liquidity evaporating), that would be worse, but I expect that we can avoid it. However, it is more possible today than it was in the past 50 years or so, as the complexity of financial instruments has skyrocketed to the point where even the mavens don't understand the vulnerable spots any more.
To get just slightly political, I don't think we can afford another 4 years of laissez-faire financial (non)regulation.
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pixiamom
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posted on January 19, 2008 01:45:23 AM new
I don't know, as a seller of collectibles, a maturing market is not as fresh as a new market. Many folks have already bought the rare find on eBay, won't bid the second or third time it's offered, and the price goes down considerably. Add to that, eBay glitches, changes to search and excruciating fee hikes and yes, I may downscale my selling very soon.
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hwahwa
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posted on January 19, 2008 08:08:05 AM new
It would be hard for Ebay to mandate charging winner"s credit card once the auction closes,as some sellers would not accept credit card/Paypal .
High priced item does not always mean high margin and if you have a bidder who is willing to send you a money order,it is a real savings!
Also some bidders do not want to use their credit cards.
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Lets all stop whining !
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neglus
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posted on January 19, 2008 09:09:56 AM new
You can make your listing immediate payment required can't you?
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http://stores.ebay.com/Moody-Mommys-Marvelous-Postcards?refid=store
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cashinyourcloset
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posted on January 19, 2008 01:15:39 PM new
Not for an auction, you can't.
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vintageads4u
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posted on January 19, 2008 04:03:59 PM new
Pondering on this issue I went to look around my (and Greg's playground). Some of the larger ad sellers are NARU'd.
One has another identity and when his first account is naru'd he switches to his second and vice versa.
I guess they got behind in their bills?? That economy thing can swing both ways.
Beth
Antique Ad Shop
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hwahwa
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posted on January 19, 2008 05:07:14 PM new
It is easy for some old time dealers to say,yeah,there are always recessions and I have survived.
those who survive have a cushion,their rent may be low or they own the building and have other income to tie them over,many do not.
At least on Ebay,if we dont list,we dont incur any listing fee,for those brick and mortar dealers,they dont have such luxury.
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Lets all stop whining !
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