Ebay selling - feeling out demand and adjusting prices - page 2.

mikerbiker6

sr. member

Activity: 392

Merit: 250

I sold some stuff on Ebay, the first 75 items a month have no fee which is pretty nice.
The problem is paypal, they ask a 3,4% fee + 35cents. Anyway, still made some profit.
Later I wanted to spend this paypal money, but the money was frozen.
according to paypal they just hold onto it for a month to be sure everything went right. Angry

But there are other ways, you could tell your customers to only pay through bank wire(no fee in Europe) or BTC and mark the item payed manually.
That way you will be avoiding fees.

navigator

sr. member

Activity: 362

Merit: 250

When are we getting another bitmit.net?

nybbler905

full member

Activity: 213

Merit: 100

My .000001 BTC opinion here...
Someone else already said post in the forums and they kind of forgot to READ them too, there was a few posts of people looking in to buying equipment. From what little digging I did on the names ( can't remember them at the moment, sorry ) they didn't have negative feedback for sales/buys so it's worth a shot especially if you look in to escrow and ' have buyer pay escrow directly '

With eBay, ya take your chances that they rake you over the coals in fees or worse, side with a non-paying seller that reverses their pay-pal payment as soon as you mark it shipped.

For those with no sense of humour, the following is meant as a joke...

I admit i'm currenlty broke and could use more equipment * nudge, nudge * and am willing to take any mining hardware for free Cool

J_Dubbs

sr. member

Activity: 322

Merit: 250

Quote from: googlemaster1 on March 16, 2014, 05:55:27 PM

Yeah, they fees from selling on Ebay are ridiculous. Its truly highway robbery. Amazon is equally as bad, but at least they can host in their warehouse for you until it sells. I seriously hate these companies, they GOUGE you. If you live in a big city or are close to one, craigslist to the rescue!

I had no idea about Amazon doing warehouse storage, but offloading miners would mean unplugging while listing, at least with eBay I stay plugged in until they go out the door. I'm in a not quite big enough city, most of the Craigslist ads here don't seem to be moving, same ones posted each week for mining gear... I figure at some price there will always be a buyer, I'll just need to adjust down until we eventually meet. The fees will really hurt my margins though, was previously unaware how high they are but regardless this stuff's gotta go!

googlemaster1

sr. member

Activity: 280

Merit: 250

Yeah, they fees from selling on Ebay are ridiculous. Its truly highway robbery. Amazon is equally as bad, but at least they can host in their warehouse for you until it sells. I seriously hate these companies, they GOUGE you. If you live in a big city or are close to one, craigslist to the rescue!

Gator-hex

hero member

Activity: 490

Merit: 500

Quote

Then Ebay decided to help itself to $35 of it in fees.
Moral of the story is stay the hell away from Ebay and Paypal

Quote

$35 in FEES???! Seriously? Yikes...

What people don't realize is that Ebay & PayPal are the same company so they in effect charge you twice. LOL Tongue

Operatr

hero member

Activity: 798

Merit: 1000

www.DonateMedia.org

Quote from: J_Dubbs on March 16, 2014, 04:37:23 PM

Quote from: Operatr on March 16, 2014, 04:31:21 PM

Well, I sold a Dualminer on there for $119 a while back when they first came out.

Paypal decided to hold my funds for me because I didnt have enough selling history (though I have had that PayPal account for YEARS).

Then Ebay decided to help itself to $35 of it in fees.

So, paying wholesale for the miner was $85, sold for $119, and made a sweet profit of -$1.00....

Moral of the story is stay the hell away from Ebay and Paypal, they are thieves and represent everything that is wrong with our corrupt and inept monetary system. I will never again use them for anything again.

Set up a shop that accepts cryptocoins, which can be done for free using OpenCart or several others.

$35 in FEES???! Seriously? Yikes...

The whole thing is the old equipment is only going to be marketable to newbies, so opening a cryptocoin cart doesn't make sense for selling off old equipment with a decent margin. In this case the buyers probably don't have coins yet, so it needs to be offered in a tender they are comfortable exchanging for goods. Hoping to sell fast, and although the fees suck if they are part of the game I'll deal with it for rapid inventory turn.

I was a bit shocked needless to say Angry

Id recommend posting your gear on forums like these in the market sections first. Im sure someone would take them off your hands.

J_Dubbs

sr. member

Activity: 322

Merit: 250

Quote from: Operatr on March 16, 2014, 04:31:21 PM

Well, I sold a Dualminer on there for $119 a while back when they first came out.

Paypal decided to hold my funds for me because I didnt have enough selling history (though I have had that PayPal account for YEARS).

Then Ebay decided to help itself to $35 of it in fees.

So, paying wholesale for the miner was $85, sold for $119, and made a sweet profit of -$1.00....

Moral of the story is stay the hell away from Ebay and Paypal, they are thieves and represent everything that is wrong with our corrupt and inept monetary system. I will never again use them for anything again.

Set up a shop that accepts cryptocoins, which can be done for free using OpenCart or several others.

$35 in FEES???! Seriously? Yikes...

The whole thing is the old equipment is only going to be marketable to newbies, so opening a cryptocoin cart doesn't make sense for selling off old equipment with a decent margin. In this case the buyers probably don't have coins yet, so it needs to be offered in a tender they are comfortable exchanging for goods. Hoping to sell fast, and although the fees suck if they are part of the game I'll deal with it for rapid inventory turn.

Operatr

hero member

Activity: 798

Merit: 1000

www.DonateMedia.org

Well, I sold a Dualminer on there for $119 a while back when they first came out.

Paypal decided to hold my funds for me because I didnt have enough selling history (though I have had that PayPal account for YEARS).

Then Ebay decided to help itself to $35 of it in fees.

So, paying wholesale for the miner was $85, sold for $119, and made a sweet profit of -$1.00....

Moral of the story is stay the hell away from Ebay and Paypal, they are thieves and represent everything that is wrong with our corrupt and inept monetary system. I will never again use them for anything again.

Set up a shop that accepts cryptocoins, which can be done for free using OpenCart or several others.

J_Dubbs

sr. member

Activity: 322

Merit: 250

I've been a long-time buyer on Ebay but never have done much selling. A few years back I sold a financial calculator and basically lost money on shipping, or nearly ended up giving it away when all was said and done. Anyways, I just got a break in my schedule and listed a bunch of mining gear, huge pain in the ass!! Anyways, now I guess I just wait and see... I did my best to price competitively as I'd like to sell everything off within 7 days. I'm tempted to post my whole blade rig on Craigslist, but I might run into trouble if I sell some on Ebay then I won't have a complete rig anymore. The ultimate shitty situation will be if I only sell 3-4 blades instead of the whole bunch, guess I'll need to feel out demand and adjust pricing along the way.

Roughly how many days do you wait before making price adjustments? I'm thinking if nothing sells in 3 days then I'm priced too high, but I'm new to eBay selling so I don't have any history/experience to reference.

Topic: Ebay selling - feeling out demand and adjusting prices - page 2. (Read 2256 times)