topic Re: Games Console Promotion Rate at 41% - WHY?! in Selling

Games Console Promotion Rate at 41% - WHY?!

essential_74 — Tue, 07 Jul 2020 00:40:05 GMT

Nearly all Promotion Rates that I use range from 3% to 11% max, most around 7%

Does anyone know why Games Consoles (ie PS3 PS4 XBox 360 etc) has suddenly jumped up to 41%!!!!!?
It was hovering around 7-8% a couple of months ago...

Re: Games Console Promotion Rate at 41% - WHY?!

davewil1964 — Tue, 07 Jul 2020 00:48:36 GMT

At a guess, it's because other sellers keep offering incrementally higher rates to get their items to show. It can be a spiral.

Just don't play the game. If your goods are good, you shouldn't have any problems selling.

Don't forget that those promotions only really work for buyers who don't use any refinements and simply use the default of 'best' match.

Re: Games Console Promotion Rate at 41% - WHY?!

danieh_6 — Tue, 07 Jul 2020 04:24:30 GMT

Yeah agreed, WE have NEVER used promoted listings and we still get more sales than my competitors right now because I started at the cheapest and worked my way up the algorithm

Re: Games Console Promotion Rate at 41% - WHY?!

11dustyattic — Wed, 08 Jul 2020 01:14:25 GMT

@danieh_6 wrote:
Yeah agreed, WE have NEVER used promoted listings and we still get more sales than my competitors right now because I started at the cheapest and worked my way up the algorithm

We? What do you sell? That kind of outstanding success is something we all strive for. Rarely do people brag about it, though you're in good company with davewil, or you are him

Re: Games Console Promotion Rate at 41% - WHY?!

davewil1964 — Wed, 08 Jul 2020 01:17:32 GMT

I know you're trying to get a bite, but I can't see anywhere in this thread where I mentioned my sales at all. I offered a possible reason, you added nothing except shots at other members. That seems to be the difference between us.

Re: Games Console Promotion Rate at 41% - WHY?!

11dustyattic — Wed, 08 Jul 2020 01:20:41 GMT

Oh there are many differences between us. Thankfully

Re: Games Console Promotion Rate at 41% - WHY?!

11dustyattic — Wed, 08 Jul 2020 01:28:33 GMT

Not to mention filtering. Anything less than gold dust for dave and you remove it. So how many profiles do you post with?

Re: Games Console Promotion Rate at 41% - WHY?!

tazzieterror — Wed, 08 Jul 2020 01:36:45 GMT

Geez you post some rubbish on here, dusty. And it's not even the weekend yet.

Re: Games Console Promotion Rate at 41% - WHY?!

davewil1964 — Wed, 08 Jul 2020 01:43:26 GMT

One here and one in Power Sellers.

I can't post there with this one, and I won't post here with that one.

I thought filtering was apt. The OP didn't say what sort of filter they were after.

I have no idea what the reference to horses and cakes is about. I don't generally post pics.

Re: Games Console Promotion Rate at 41% - WHY?!

gewens — Wed, 08 Jul 2020 04:13:47 GMT

Hello,everyone. To be respectful is very important in your interaction with other members here. I'd like to remind you that content that is harmful, hostile, threatening, abusive, baiting, vulgar, defamatory, harassing, or includes hate or racist speech, name calling, or profanity will be edited or removed. Please read about our policy here: https://community.ebay.com.au/t5/Community-Feedback/Updates-coming-to-eBay-com-au-Discussion-Boards/m-p/2065522#M2 Thanks very much. 🙂

Re: Games Console Promotion Rate at 41% - WHY?!

funflame — Wed, 08 Jul 2020 06:25:04 GMT

if it says 41%

i put 1-2% ebay just trying to get your $$$$

Re: Games Console Promotion Rate at 41% - WHY?!

essential_74 — Wed, 12 Aug 2020 11:18:53 GMT

Thanks for all the answers... sorry I havent replied; life got hectic 🤯

In the end I contacted custimer services online chat; they gave multiple non-commital reasons it 'could' be and said they would raise it internally

I left it at that thinking I would just have to wait it out...
And then over the next 4 days it slowly started dropping and settled at 6.6% !!!!!

Innnnnnnnteresting! 🤔

Anyway... sorted

Now to investigate some of these "don't need to use promotions" responses above and figure out how the hell I do that!

Thanks!

Re: Games Console Promotion Rate at 41% - WHY?!

davewil1964 — Wed, 12 Aug 2020 11:42:39 GMT

What part of you don't need to use promotions don't you understand?

You don't need to use promotions and YOU have the ability to choose what the level of fees are applicable if you do.

Everything else is down to how desperate you are for sales.

Re: Games Console Promotion Rate at 41% - WHY?!

essential_74 — Wed, 12 Aug 2020 12:10:32 GMT

What part don't I understand?

Well, when I use the promotions, things sell like crazy, when I don't, they don't...

So if there is a way to sell like crazy without promotions, I dont currently know it, and I need to find out
That's all I meant 🤷🏻‍♂️

Re: Games Console Promotion Rate at 41% - WHY?!

davewil1964 — Wed, 12 Aug 2020 12:19:05 GMT

@essential_74 wrote:
What part don't I understand?

Well, when I use the promotions, things sell like crazy, when I don't, they don't...
So if there is a way to sell like crazy without promotions, I dont currently know it, and I need to find out
That's all I meant 🤷🏻‍♂️

I suppose it depends on your business model.

I don't and won't use promotions, my sales are around 200% more than same time last year.

The amount you are prepared to pay above standard fees is entirely down to you. If you don't think 41% is viable, don't play the game.

Re: Games Console Promotion Rate at 41% - WHY?!

essential_74 — Wed, 12 Aug 2020 12:21:53 GMT

I don't disagree

I just havent figured it out yet

And 41% is crazy... there would be no profit (or point)

But as I wrote above, it reset to 6.6% a few days afetr I questioned it... who's to say why 🤷🏻‍♂️

But if I can learn how to do it without promotions, I will
Havent been going long enough yet to have figured out all the nuances

Re: Games Console Promotion Rate at 41% - WHY?!

davewil1964 — Wed, 12 Aug 2020 12:29:40 GMT

As I at least intimated, don't get sucked in.

Price your products at realistic prices and they will sell. It might take a while. I have sold a dozen items that had been listed for 6 years in the last fortnight. It's about waiting for a buyer, not getting sucked into eBay's game. Which promoted listings definitely is.

If you are getting sales of promoted items but not when they aren't, perhaps adjust your prices.

Re: Games Console Promotion Rate at 41% - WHY?!

Anonymous — Thu, 13 Aug 2020 13:54:02 GMT

I have been 'sucked in'.

With 8 out of 10 sales copping the ad fee I can

only assume that my listing isn't generally noticed

outside the 'sponsored' box.

Luckily only 7.1% and it does carp me off but my

product isn't a universal like iphone or sony or a particular

book title.