Two eBay private seller promotions today
Seeing as it’s currently chucking it down with rain outside (at least it is in Thatcham), check you email as you may have a listing promotion on your private selling account.
We’ve heard of two promotions eBay are running today, but there may be more variants.
To qualify you must have been invited and confirm the offer by clicking the link in the email.
Then create listings by the 27th August using the auction or fixed price format. If your items sell by Monday 7 September 2015 local UK time you will aff_link("http://pages.ebay.co.uk/promos/2015/2718.html","receive a voucher equal to the total selling price","","UK"); ?> (excluding postage) up to a maximum of £30, valid for a purchase on eBay UK when paying with PayPal.
Again this is an invite only promotion requiring you to confirm the offer by clicking the link in the email.
Create up to 10 listings on eBay UK by midnight tonight (23rd August), using the auction-style or fixed price format and receive a aff_link("http://pages.ebay.co.uk/promos/2498/","75% discount on your final value fees","","UK"); ?> if the items sell.
Importantly for both these promotions participation is linked to the seller’s account and is not transferable, if you didn’t get the email you’re probably not going to benefit.
What do the promo’s do for sellers?
These promos are probably a smart move by eBay, many people have returned from their holidays and are now in the back to school uniform buying phase of the summer. With dismal weather forecast for the rest of the week it’s not a bad time to entice consumers into a little selling.
Plus the big win from eBay is that they’ve said for many years that a consumer that has sold just one item tends on average to buy more than a consumer that’s never sold. Whilst business sellers might complain that the promotions aren’t for them, at the end of the day if consumers buy more that’s a good thing.
They’ve also put up another ‘100 free listings’ which has been a regular occurence lately, 2-3 times a month. I’m sure if they just scrapped listing fees they’d attract a lot more sellers and/or items listed.
They probably reason that having zero insertion fees as a “special offer” draws private sellers onto the site, if it were a permanent offer the impact might not be as great.
I am now 65 years of age and I want to retire. Unfortunately I have a lot of accumulated stock. The best thing for me is to list not just 100 items but 500 or 1,000 and try to sell my stock. Unfortunately as things stand at present this is just not sensible.
Over the last few years Tamebay has carried numerous postings about ebay ‘Hiding’ listings. Now before anybody jumps on me I do not know if it happens but I must admit that I think something untoward is happening and has been for years. So each time there is a Free Listing Promotion I list as many as I can. I do pay for some listings but nowhere near how many I need to sell my stock in a reasonable timescale.
So Gareth Jones please get rid of Listing Fees and allow such as myself to list maybe 1,000 items and enable me to retire. So I am fully in agreement with Keith.
I think that genuine private sellers are more highly motivated to list items if there is a deadline, otherwise, if listings are always free, they might well take an “I’ll get round to doing that later” approach.
Additionally registered business sellers might well be a bit miffed if rivals masquerading as private sellers were to be allowed to always list for free.
Currently the Listing Fee for Private Sellers is 35p per item. If you are selling relatively low value items this is a significant percentage charge when you take into account that not all items sell first or even second time.
So what is a relatively low value item? Well from my point of view £5 or less taking everything into account you are not going to make anything at all. £10 or less is marginal and its only once you get above £10 are you really going to see anything back for your item.
I go back to the Listing Fee before it went up to 35p it was 10p at least that helped to ease the overall cost to the Private Seller. But my favourite would be for ebay to ditch the listing fee altogether. Its annoying and I doubt if it does really do anything for ebay.
As to radroach’s point about Private Sellers putting off listing for tomorrow or even the next day. My answer would be so what. There are plenty who will list today and indeed tomorrow. If a few do not want to list immediately well ebay is big enough to survive a few who would rather watch Football on the TV or go down the pub.
I don’t get it. The 35p price is for private sellers. Why are you not registered as a business seller to get the reduced fees. You sure to qualify as one by the sounds of it.
To answer your question ebayer I am not a business. I sit in my spare bedtroom and I am trying to sell the accumulated books that I have collected from when I was a Wholesaler and Retailer at such things as Traction Engine Rallies. But I do not wholesale or Retail anywhere else than ebay. As soon as I can I will stop selling on ebay and I will be fully retired. I have often been told over the years that I should become a business. But I am trying to liquidate the last remnants of being a business.
It would be different if I was trying to set up a business but I am 65 years old and in poor health. I am very happy for your success and your dreams of expansion. I only dream of selling my last Book and being able to close the door on my life as a Bookseller.
I get your reasoning but not so sure that’s correct. Worth checking as in the eyes of HMRC I think you would classify as a business. Either way it doesn’t bother me but just register a business account anyway, at least or the fee savings.
As Simon M has mentioned I really think you need to try another strategy. Granted I don’t know your business like you do but it seems like it really is a struggle getting rid of this stock. It’s not exactly the latest iPhone 6 so I can imagine it’s not flying off the shelves, so why go through the hassle and tiresome process and instead just give it to charity/local library/bookshop or just joblot it on eBay.
Health and quality of life is important and you have to ask yourself is this all really worth it…All the best.
After reading Keith’s posting above I went back to ebay. I tried several times and on none of these attempts did I find any notification of the 100 Free Listings. Then finally it appeared on the screen. So I accepted the terms and started to list items.
If you cannot find the 100 Free Listings Notification my advice is that you do not give up. Instead try and try again. No idea why ebay hides such offers only showing them intermitently. However hopefully Gareth Jones will get rid of the secrecy. If there is an offer on then it should be blazed across ebay so all can take abvantage of it who qualify.
I used to get an email if there were free listings – this stopped a while back. Instead, the offer would appear, usually at midnight on a Saturday, at the bottom of my sellers page where the monthly 20 free listings totals are. So now I just check there. The other clue is when sellers in the same market as me suddenly list a load!
Keith, that’s a really useful tip! I never knew there was a list of Promotions at the bottom of the Sellers page. I just looked, and see that I have missed 100 Free Listings because I never had an email notification and just thought I’d not been selected.
But sometimes I DO get an email! That’s really annoying, it’s as if they were hiding the Promotion from sight, on some occasions but not others.
>> It would be different if I was trying to set up a business but I am 65 years old and in poor health. I am very happy for your success and your dreams of expansion. I only dream of selling my last Book and being able to close the door on my life as a Bookseller.
Just a suggestion – why don’t you list your books as job lots? Example, 100 train related books? Or 25 television-related books?
Sure, they won’t go for much, but it sounds like you could do without the hassle and stress of the excess stock, and doing so would get rid of them extremely quickly.
Try one lot at least – you might be surprised by the results.
May I thank all those who have suggested that I should give my stock away or sell it off in job lots of 100 or whatever. If I was selling Secondhand Books with low values I might consider it. But the vast majority of my Books are New and often with values of £15+ or £20+ or even in some cases over £30.+ Now I know that I have a significant New Worth but giving away perhaps in excess. of £40,000 of stock is still a lot to give away. In my case I have been thinking about what I intend to do for ages and I still cannot make up my mind.
If you question the value of my stock I would point out that a normal stock of my stall at a Traction Engine Rally would be about 800 Books. When I was forced by ill health to stop doing stalls at Traction Engine Rallies I had not long stocked up for the Season. So I had a lot of stock on hand and before you ask little of it could be sent back as returns.
But thanks anyway for your various advice. Sometime in the next year or so I shall be forced to make a decision but for not I shall just keep on selling and thinking about the future.
just shows that all the hype and threats from HMRC about online tax evasion has no teeth,
heres someone who actively and regularly admits not running a business yet has £40,000 of stock
Somebody with £40000 of books should surely either be investing in an ebay store and listing the entire stock or listing on Amazon. Don’t understand the need for the daily prayer for ebay free listing days.
Somebody else with no idea at all. If I get very tired I could just close the door on my store and walk away. I am happy to sell on ebay. I have no intention to sell on Amazon or indeed any other American Sites (I make an exception for ebay).
On the whole I am happy to continue as I am and I thank you for your ‘advice’ but I will stay as I am.
My relationship with HMRC is exactly the same as yours with HMRC. I declare everything to HMRC and they are happy with that. Any and all ‘Crackdowns’ by HMRC have no fears for me.
Anybody who tells you or indeed anybody who puts the story about that I am not declaring everything is a Liar.
Face it, Chris T – you have been rumbled.
You have business stock worth £40,000 by your own admission, and people here think you’re a business seller.
Why not tell us all again, why it is that you are not a business seller, and tell us again why you are different from anyone else that has £40,000 worth of business stock to sell.
I am all ears.
To be fair he doesn’t say that he is not paying his dues to HMRC, just that he is not registered as a business seller with eBay, which is a quite different thing.
PayPalUser may I refer you to previous posts. I am really sick and tired of people like you who expect me to answer their stupid questions that I have already answered many times before.
Papypaluser was asking about the reason for not declaring as a “business seller” on ebay. This has never been answered. There are advantages not available to “private sellers” so I to always struggle with this notion that “business privates” wish to remain so.
One advantage is regular 50000 free listing weeks.
>> Now I know that I have a significant New Worth but giving away perhaps in excess. of £40,000 of stock is still a lot to give away.
I totally understand your position, and wish you well with whatever you decide. Remember, though, you can’t take it with you! Perhaps you should ask yourself if you actually need the few pounds a week I suspect you’re currently liquidating, and is it worth the hassle.
This guys supposedly been liquidating stock for years, if you do a archive search on past posts from him
Here we go again. I have explained in great detail that my Book Stall at a Traction Engine Rally had about 800 Books on it. Also that I had not long stocked up for the Season,. Note to Tinker the season starts at Easter and goes through to September. The last Rally I usually did was the First Sunday in October. Then there were a few Model Exhibitions and Model Railway Exhibitions. So a lot of Rallies. Also that in a Weekend Rally I usually sold more Books that I usually do in a Month on ebay. Indeed one Rally I sold £1,000 of books in one day. A few years ago but there were also £500 and above a few times but normally more like £200 or £300 which is about what I sell on ebay in a month.
Are you keeping up Tinker?
Thus I had a lot of stock. Several thousand books. I am still selling my way through it. It has taken years and could very well take years more. but with my poor health I am not going anywhere.
May I congratulate Simon M. For the first time somebody has actually thought about my problem. I have a lot of stock. I am selling it slowly. Why I finally drop of the perch I am still likely to have stock and II will specify in my Will who I will donate the last Book Stock to indeed also my own extensive Book Collection.
But for the time being I will continue to sell Books.
As a matter of interest I still think about trying to do Traction Engine Rallies again. However I cannot do them currently but maybe next year or perhaps the following year. There is a lot of attraction to doing the Rallies. The first and most obvious is that a 2 day Traction Engine Rally I probably sell more than I do in one month on ebay. Then there is a mix of Books. At Traction Engine Rallies I sell a lot of Countryside, Regional and Historic Rural Titles. On ebay I find that these just do not sell. I have in stock a lot of these subjects so in a Season I could very well sell them all but on ebay I don’s think that I would ever sell them all.
But for the meantime I will just keep on selling and hoping that something sensible comes along.
Stock is only worth what the market will pay for it. Most non fiction books depreciate over time as new editions, revisions, updates, and new alternative sources of info are published. Maybe £40000 of books are slow burners becuase they no longer have that retail value and need to be written down?
An online bookseller relation of mine purchased $35000 of books which was the value put on the entire stock of a bookstore that was closing down. This made the local news in California. She thought she was getting a bargain with an average price paid of around 40 cents per book. As it was only around 5% of the books sold at anywhere near retail and overall it was not such a good deal and ultimately she just about broke even.
Maybe the 80/20 rule should be applied to the £40000 worth of books and at some point reality will kick in and you will write down the value of 80% of the books that will never sell at anything near retail.
Well Gary. You give me this idea as if it was anywhere near an answer. But in reality selling on ebay even current titles rarely sell for full retail.. I have numerous titles where the Full Retail is such as £25 but I am selling them for say £15. You are about 30 years behind the times as while I have not been selling on ebay for 30 years I was doing exactly this on my Stall at Traction Engine Rallies 30 years ago. Isn’t there a name for this something about trying to teach Granny to suck eggs.
Gary I like the story of your Book seller relative. I would guess that the seller was a B & M Book Seller who had no doubt had a Closing Down Sale for weeks or months before finally selling the last dregs to your relative.
I can walk into my store and point to books that really do not expect ever to sell. As an example I have a box of about 100 copies of one title. They are New in that they have never been sold or indeed read. However I might sell 6 – 10 of them over the next few years but currently they are not listed because I have many other titles that I do expect to sell.
As you said about Non-Fiction many titles do depreciate with time but I occasionally find titles that are now collectors items that I can sell for more than Retail.
But not all Non-Fiction Titles are later replaced by Newer Edition or Alternative publications. I believe that my biggest problem is the relatively low level of sales on ebay. If ebay had a higher sell rate I would be happy but we are always being told that buyers shun ebay. If ebay could cure this then the sell rate for all Sellers would go up.
Well a 100 free listings five day offer has started today, until the 31st, I don’t think that “private” sellers can have any complaints about eBay listing fees really.