Sales fell off a cliff

[comicbooksonline]

Anyone else just experienced a commplete fall off in sales from about 5 Days ago. Did Ebay make change?

[lilnosk-0]

Yes sales have died. I usually sell double or triple during school holidays but instead I am selling half waht I normally doing. Agree totally with the regional profiling. Happens all the time where I sell more than 50% of my items to one state on a regular basis

[porcelain_dolls_by_me]

Maybe time to take a well earned vacation and visit the Philippines for a little R&R.

At the same time locate and befriend one of the lovewly ladies that work for EBay in their support centre and try and get a bit of inside info on how their listing algorithms are progammed.

Just a thought, but the process has little downside!

[heihachi_73]

And just like clockwork, not a single sale since my post on Tuesday, while Ms. Zero did not pay for her $2.50 item either and I received a fee credit.

[pigletflew]

I've started concentrating more on gumtree and facebook market place and getting good results. On ebay it seems I have to drop prices to sell as other sellers are dropping prices to get sales. Seems the economy is down atm

[springyzone]

What sort of things are you selling?

I've tried both those sites and sometimes I get a rush, other times hardly a view (on gumtree in particular). I feel like GTree is a ghost town.

[dontmissthese]

The RBA doesn't drop interest rates as a bonus to all of us for being good citizens.

Tax cuts likewise.

Things ARE slowing down.

Best thing to do is spend if you can.

When the spending tanks for too long the wheels will fall off.

The new wheels will be born from the losses sustained by

many thousands of people.

Market Correction is a euphemism for a situation where
thousands of minor financial catastophies occur.

Cheer up.

If you or your financial institution are not leveraged out the

wazoo then you should be just fine.

[dazzledayz]

Perhaps having 5.5 millon adults on low incomes has a bit to do with it:

Our population is 25.5 million (ABS figures)

Our working age population is 12.5 million (ABS figures)

Of which:

1.5 million are Unemployed

1.0 million are UnderEmployed

1.0 million are on disability or parenting payments

So that leaves 9 million potential spenders out of 25 million or 36%

Of that 36%, most are suffering the effects of wage stagnation and rising service and utilities prices.

In other words their budgets are, on average, tight.

Don't expect the 2 million age pensioners to pick up much slack; they don't earn much.

Best guess is maybe 29% or 30%, less than a third, of the people you see in the street can afford to buy from you.

Even though our esteemed govt likes to tell us the economy is in great shape, I think the numbers above may explain why sales are a bit anaemic ATM.

[brad_and_el_auctions]

I've been trying to buy a bunch of stuff since yesterday but checkout isn't working for me at all. So that may be contributing if others are having issues too.

[dazzledayz]

I wasn't even attempting to factor in eBay's nonsense but I'm sure that would knock a few out too.

When you find yourself competing in a contracting market it makes sense to ensure minimum friction occurs in the sale process.

That's a notion eBay have never paid much attention to.

[heihachi_73]

I bought some stamps yesterday, didn't have any issues paying. One had instant payment enabled, another I had to click on Commit to Buy.