topic Price Easing in Selling

Price Easing

karecoope-95 — Fri, 02 Nov 2018 04:34:09 GMT

Just saw this new "feature" when listing using the app. In the part where you price your item, Ebay has put this price easing: lower your price gradually over time. If you opt in, it says "starting 10 days after listing we'll lower your price 5% every 5 days, until your item sells or gets to $12 (or whatever) notifying buyers who showed interest each time. Can they be serious?

Is this new or have I just not noticed it before?

I cant imagine anyone doing this. And the buyers will be bombarded with messages.

Re: Price Easing

the4masters2013 — Fri, 02 Nov 2018 04:45:36 GMT

Something else I won't be opting into.. along with eBay Plus and just about anything else that drifts past me..LOL!!

I rarely have anything over $12 but I would be on the phone to Ebbay giving them just a piece of my mind ...politely of course.

Just who they think they are?? Or for that matter, just who do they think WE are??? Troublesome 2 year olds maybe ???

Of course we know what we are doing...just wish the powers that are just would let us keep calm and get on with it!

Re: Price Easing

collect247 — Fri, 02 Nov 2018 04:46:19 GMT

Who the hell have ebay hired to come up with these ridiculous ideas?

Re: Price Easing

Anonymous — Fri, 02 Nov 2018 04:53:57 GMT

I don't know but I think WALL-E could do a better job (and he was seriously full of garbage)

Re: Price Easing

lyndal1838 — Fri, 02 Nov 2018 05:12:28 GMT

@collect247 wrote:
Who the hell have ebay hired to come up with these ridiculous ideas?

Has anyone checked the Monkey House at the local zoo?

I wondered why I was suddenly getting all these emails about lower prices.....now all is clear.

Does ebay think sellers are mad?

Re: Price Easing

Anonymous — Fri, 02 Nov 2018 05:12:22 GMT

Now you mention it, Nina Conti looked like she was missing her sidekick

Re: Price Easing

the4masters2013 — Fri, 02 Nov 2018 05:15:28 GMT

I had a 3 cd set listed for $30 free postage... someone wanted to pay $20.

It sold to the same person for the full price.

Some days I feel a few days in the local asylum may do me some good... peace and quiet!!

Re: Price Easing

imastawka — Fri, 02 Nov 2018 05:35:43 GMT

@collect247 wrote:
Who the hell have ebay hired to come up with these ridiculous ideas?

Re: Price Easing

karecoope-95 — Fri, 02 Nov 2018 05:54:29 GMT

Ha ha! Its seems its only the app that has this, not the Classic Site. I start my drafts on the app but finish them on the Classic Site as Good Till Cancelled is put on listings on the app.

I wonder if they will start forcing this on sellers like they do with Best Offer?

Re: Price Easing

davewil1964 — Fri, 02 Nov 2018 06:00:20 GMT

@the4masters2013 wrote:
I had a 3 cd set listed for $30 free postage... someone wanted to pay $20.

It sold to the same person for the full price.

Some days I feel a few days in the local asylum may do me some good... peace and quiet!!

Problem is when you get back out you realise you're in a bigger, crazier asylum.

Re: Price Easing

countessalmirena — Fri, 02 Nov 2018 06:04:18 GMT

Outside the asylum

Re: Price Easing

eol-products — Fri, 02 Nov 2018 06:55:56 GMT

It's actually not a bad idea for those with stock they need to clear or is at its use by date. As long as a buyer is unaware the feature is active it would save having to manually drop the price every week.

Re: Price Easing

brerrabbit585 — Fri, 02 Nov 2018 07:01:01 GMT

I seem to remember when I first joined ebay you could only alter the price downwards when you relisted, never upwards. It was a while ago so I could be wrong.

Re: Price Easing

tazzieterror — Fri, 02 Nov 2018 07:46:42 GMT

Potentially useful for some sellers for some items, but geez - if eBay automatically opt some sellers in - watch out!

Re: Price Easing

digital*ghost — Fri, 02 Nov 2018 09:26:36 GMT

I would probably use this feature, or at least a similar strategy, if I was closing up shop and liquidating stock - and emailing buyers wasn't involved for every price reduction. One annoucement that prices will reduce periodically is enough. In saying that, liquidation strategies hardly seem conducive to a site that wants to be top-tier retail. Reducing until sold is essentially a reverse auction, and screams 'sell at all costs'.

And the emailing of buyers is just eBay (and, by virtue, the seller) in the back seat of your car going "are you gonna buy it yet? are you gonna buy it yet.....?"

I put an item in my cart a couple of weeks ago, and I've lost count of how many times I've received an email or SMS notification reminding me to checkout - in the past when I've left items in my cart, I got one (and one only) reminder, which is still annoying but only mildly. If I could reach into the back seat and give eBay that facepalm instead, I know I'd feel better for a few moments, even if I also know it wouldn't shut them the heck up. (Most people would probably just remove the item, I'll buy it eventually though, so I CBA ).

Re: Price Easing

jellybirddesigns — Fri, 02 Nov 2018 09:24:54 GMT

I think this idea works better in the physical world than online.

We lived in Canada for a couple of years and once came across a fabulous home decor store that had everything from antiques to modern.

Each item had a tag with THAT WEEKS price on it.

Prices were dropped every week by a certain amount or pecentage and a new tag was generated.

The idea was that if YOU didn't buy it at the current price on the spot, then someone would probably come along and get it the next week when the price went lower, so there was definitely incentive for you to buy there and then as everything was one of a kind.

I guess it plays on people's FOMO (fear of missing out).

Re: Price Easing

clubesquire — Fri, 02 Nov 2018 09:29:18 GMT

Yes.

Mel.