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Ebay Observation

Old 03-13-12, 03:10 PM
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Ebay Observation

Hey all. I dont know if anyone else has noticed but there doesnt seem to be anyone bidding on Ebay. You can find something interesting and you would think that there would be some bids on them, They have a buy it now figure and no bids on most items..


Im new to Ebay. Any thoughts on this?
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Old 03-13-12, 03:23 PM
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One thing to check is look at the location and shipping costs times. Most of the stuff that isn't selling is from none US sellers meaning much higher shipping costs and longer waits.
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Old 03-13-12, 03:34 PM
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Lots of bids get made in the very last few minutes of an auction. It is common to see zero bids until the last moment. Automated sniping tools get used a lot.
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Old 03-13-12, 04:26 PM
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If you're trying to get a feel for an item's value, check the completed auctions.
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Old 03-13-12, 04:37 PM
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I sell on ebay every week. If anything, my business is UP significantly. I saw a nice uptick last October, which I thought was a preview of Christmas. But that uptick has continued.

+1 Completed auctions are the only way to check what items sell for. First, people can ask anything they want, that is just about meaningless. Secondly, bidding tends to be at the VERY end. Bidding early just lets everyone else know of your interest. Completed auctions tell what is happening.
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Old 03-13-12, 05:06 PM
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Lots of overpriced stuff out there too. Seems like a few sellers started a trend about two years ago to price all the good NOS French C&V components to start at prices around $250........Many do not agree, so a lot of these are ignored by buyers. I've seen the same Mavic derailleurs and stems out there languishing for almost a year already, unsold. I guess the sellers can afford to wait it out??.....

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Old 03-13-12, 05:44 PM
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Originally Posted by Chombi
Lots of overpriced stuff out there too. Seems like a few sellers started a trend about two years ago to price all the good NOS French C&V components to start at prices around $250........Many do not agree, so a lot of these are ignored by buyers. I've seen the same Mavic derailleurs and stems out there languishing for almost a year already, unsold. I guess the sellers can afford to wait it out??.....

Chombi
I have noticed this trend of people asking insane prices for vintage NOS yet from what I see it is just not selling. While good used parts that people might want put up for auction with a realistic starting prices sell for very good prices a lot of the stuff I have sold has gotten more than expected and price on a lot of the better stuff has gone. With good pics and description one can get money for $20-30 an ounce for scrap metal.
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Old 03-13-12, 06:28 PM
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Originally Posted by Chombi
Lots of overpriced stuff out there too. Seems like a few sellers started a trend about two years ago to price all the good NOS French C&V components to start at prices around $250........Many do not agree, so a lot of these are ignored by buyers. I've seen the same Mavic derailleurs and stems out there languishing for almost a year already, unsold. I guess the sellers can afford to wait it out??.....

Chombi
One problem is that ebay now gives sellers 50 free listings a month. So as long as they keep their number to 50 or less, they can continually repost overpriced stuff, and occasionally, hook a fish, err, get a bid. I see that with budget bike center. Outrageous pricing, almost never sells, but then you see one go.
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Old 03-13-12, 06:38 PM
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A lot of the sellers on ebay have wildly delusional asking prices (like the "budget" bicycle creeps) - so they don't get any bids, and being far too stupid to understand how supply and demand works they never lower their prices.

The other thing is commonly people have "pick up only" - so of course they get no bids, then there are people who ask for $150 to ship a bicycle, which of course if you've ever shipped a bicycle before then you know that's not worth paying for.

Lastly, it's rare for things to get more than a bid or two before the last day of the auction.
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Old 03-13-12, 08:21 PM
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People do spend money. $700 for some Chorus 9 speed shifters and a deraulleur. This guy wanted them. He was outbid on the FD and brake calipers. I think you can buy new 10 speed Chorus for less.

https://www.ebay.com/itm/160753106790...9#ht_500wt_952

https://www.ebay.com/itm/160753052735...9#ht_500wt_952
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Old 03-13-12, 09:04 PM
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Thats a lot of food for thought. I have those two Simplex JUY 543 deraileurs that I have to put on there. Just learning now to do this stuff.
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Old 03-13-12, 10:47 PM
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Many buyers are reluctant to bid on new sellers auctions. You might want to sell some cheaper items first to build up your feedback. You'll do better on the pricy stuff after you establish a good reputation.
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Old 03-13-12, 11:26 PM
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I used to sell a lot on eBay but with all the fees between eBay and Paypal, there's no room left to make any money these days. I see many sellers, who also have other websites or stores, selling at higher prices on eBay just to cover the fees. Now that eBay charges you a percentage of shipping too, it just cuts too deep into the profits. If I have to spend hours on a bike making it right, plus what I paid for the bike, and then pay as much as 27% or so to eBay, there's no profit left. Plus, I have all the labor of boxing and shipping the bike.
For example, if I were to buy a bike at a yard sale for say $50, then put another $75 i it in tubes and tires, cables, and a half day cleaning and servicing it, and it only brings $150 on eBay, I loose money. I don't know about anyone else but there's not much sense in working for pennies or to break even. If I can't make $50 to $100 on a bike, it's not worth doing.
The cost of shipping has also put off many buyers, shipping a bike coast to coast is expensive these days. When I last sold on eBay almost 100% of my bikes were going to the Seattle area from just outside of Philly. Some also went to Japan. Back then I could ship a large frame road bike for around $42, today its pushing $100, sometimes more. Then you have to add to that cost to cover what eBay takes from the shipping total.

To me, selling on eBay is dead, as is buying in most cases. Unless it's something I feel I can't find anywhere else and I can't live without it, I won't bother.

I've talked to many others who feel the same way, its just not worth the peanuts you make on their now.
eBay to me would be only a place to sell items that won't sell any other way and a way to sell items which you have nothing invested in or items which you don't care how much they bring. Sort of like a dumping ground or last resort.
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Old 03-14-12, 05:08 AM
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I still use ebay for items I can't find easily which is about 80% of my hobby buying. They still have a great selection of stuff and I am the type of buyer that if I want something I pay for it w/o any real questions. I don't buy to flip or try and part things out. A lot of the time I'll over pay just for the conveinence of getting something. I also use it for international listings. W/O ebay a lot of good opprotunities would be lost to buyers and I certainly understand the seller dilemma. The only other thing as a buyer I never bid until the last seconds of an auction unless I don't care one way or another and If I really want something I put in a stupid high max so a sniper will over pay to get the item.
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Old 03-17-12, 04:29 PM
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Originally Posted by junkpile
I used to sell a lot on eBay but with all the fees between eBay and Paypal, there's no room left to make any money these days. I see many sellers, who also have other websites or stores, selling at higher prices on eBay just to cover the fees. Now that eBay charges you a percentage of shipping too, it just cuts too deep into the profits.
I have never thought ebay was a good place to sell a $200 to $300 bike. I sell such bikes locally. By the time you add shipping and the fees, it just does not work well for the buyers or the sellers. But it works just fine on bike parts and components as well as high end bikes. And works great on the other oddball stuff I pick up at garage sales and thrift stores. I am more than happy to pay ebay 15% in fees, when I can sell a vintage coffee cup, picked up at a garage sale for 50 cents, for $100 (real example). Sold a couple of sweaters over the last few weeks, all picked up for $1 each, sold for $40 each. Sold a cookbook, picked up for $1, for $50. Even after fees, I am way ahead, and there really is not another option that will yield me anything close to ebay.

I find there is still plenty of room after fees on ebay to make money. It really depends on the item.

If you want to see fees, try selling clothing at a consignment shop. Typical fee is 60% of what the item sells for!! Now there's a haircut!

I know a lot of people doing quite well selling on ebay right now.

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Old 03-18-12, 11:40 AM
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When selling anything, always factor your time as part of the cost. That includes travel time, reconditioning time, packing time and aggravation time!
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Old 03-18-12, 02:43 PM
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Originally Posted by tmh657
People do spend money. $700 for some Chorus 9 speed shifters and a deraulleur. This guy wanted them. He was outbid on the FD and brake calipers. I think you can buy new 10 speed Chorus for less.

https://www.ebay.com/itm/160753106790...9#ht_500wt_952

https://www.ebay.com/itm/160753052735...9#ht_500wt_952
I have seen some really insane prices lately but this is astonishing. I have 3 bikes with Record that each cost less than these two auctions together. Is this perhaps shill bidding?
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Old 03-18-12, 04:05 PM
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Originally Posted by jet sanchEz
I have seen some really insane prices lately but this is astonishing. I have 3 bikes with Record that each cost less than these two auctions together. Is this perhaps shill bidding?
Perhaps but... The bidder that won the auction for the Ergo shifters and RD and did not win the FD and brake calipers from the same buyer jumped on the next Chorus FD and calipers from a different seller and won both of those items. That is if the identity e***k is the same buyer.

I have been told that alloy Ergo Chorus 9 speed shifters are hard to find and in high demand. People prefer them over carbon for their Italian steel bikes. I don't really know. I have followed a few lately and see those shifters go for $275 but yes, those numbers are astonishing.

https://www.ebay.com/itm/290676868729...#ht_981wt_1167
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Old 03-18-12, 07:15 PM
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The economy has been sucking for some time now, affecting sales activity in many markets...I'd expect that as it continues to suck, it will be reflected in e-Bay activity.
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Old 03-18-12, 09:23 PM
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Well, I just threw a dozen items up on Ebay, most with a list price of $9.99 USD. Let's see what happens. If anything on that list goes for ten bucks, then someone, somewhere will be getting a pretty darn good deal someday, and that day is just a few days away...

Not sure if I can link to the items through this forum, but things like a mid seventies high flange flip flop Normandy hubset, a NOS Formula flip flop hub set, a set of Simplex Barcons, and more - all for ten bucks each, starting price with no reserve.

Time to put it to the test:-(

I am pretty interested to see how this turns out...
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Old 03-19-12, 12:56 PM
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Selling on Ebay isn't dead but the people who run Ebay sure are trying to kill it. Before they started including shipping cost in the fee percentage they did a 2 day public forum on what people thought of the new fee idea. Literally thousands of people replied strongly against it, very few if any were for it yet Ebay ignored the opinions of thousands & did it anyway.
Also, selling a complete bike or expensive part is not a good idea on Ebay right now because it's just too risky for sellers. If there is any dispute about the condition of the item Ebay will ALWAYS rule in favor of the buyer. The money automaticlly goes back to the buyer electronicly whether you agree to return it or not. After that you either can just call it a complete loss or fork out for return shipping if you are lucky enough to get the buyer to return the item.
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Old 03-21-12, 10:23 AM
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Well, I just threw a dozen items up on Ebay, most with a list price of $9.99 USD. Let's see what happens. If anything on that list goes for ten bucks, then someone, somewhere will be getting a pretty darn good deal someday, and that day is just a few days away...

Not sure if I can link to the items through this forum, but things like a mid seventies high flange flip flop Normandy hubset, a NOS Formula flip flop hub set, a set of Simplex Barcons, and more - all for ten bucks each, starting price with no reserve.

And I agree totally with es1bkacsur - Ebay is driving me, and probably people like me, right out of the game.

Time to put it to the test:-(

I am pretty interested to see how this turns out...
Boy am I sorry I did this! I sold a NOS set of flip flop hubs for ten bucks, a set of Simplex Barcons for $23.28, a solid disc rear wheel with freewheel and skewer for ten bucks, a NOS CCM headbadge for $15.50, and a NOS set of Adamus AX brake levers and NOS hoods for ten dollars.

Just not worth it anymore. By the time Ebay and PayPal get through with me, I will have lost money.

Oh well, c'est la vie, as they say in France. No more of this nonsense for me. From now on, Buy it Now or Best Offer only...
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Old 03-26-12, 11:26 AM
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Here's some help to keep from losing money on Ebay. Decide what the minimum amount you will take for the item & make that your opening bid. You won't get as many bids but 1 bid to make money or break even is better than 12 bids that lose you money. Also, figure the most you'll get for the item & put that in as a Buy-it-now price.
Save on shipping-1) add $1 S&H to low price items & a bit more for more expensive items 2) lots of small bike parts are light enough (13oz or less) to go USPS 1st Class Package, much less than Parcel Post, 3) make your packages as small & LIGHT as possible, 4) weigh your item in it's shipping package before listing then add a bit more weight to the shipping cost; price all 1st Class Packages as 13oz & for heavier items round up to next highest Lb. Figuring your shipping charge this way usually covers shipping & fees so you get to keep the entire bid amount.
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Old 03-26-12, 11:53 AM
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I have a mixte frame I've been trying to sell on CL and at the winter swap meets. I originally listed it on CL for $100 and lowered it to $75. Tried selling it at the swaps for $75. Listed it on ebay last week and it's up over $100 plus $40 shipping with more than 2 days left.

I sold more lower end (hi-ten) frames at the swaps and the better quality ones have been selling for more on ebay than my asking prices at the swaps, and thats with a $40 shipping charge tacked on.

People will bid on your stuff, but you have to be realistic with your starting prices and shipping charges.
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Old 03-26-12, 02:13 PM
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Originally Posted by randyjawa
Boy am I sorry I did this! I sold a NOS set of flip flop hubs for ten bucks, a set of Simplex Barcons for $23.28, a solid disc rear wheel with freewheel and skewer for ten bucks, a NOS CCM headbadge for $15.50, and a NOS set of Adamus AX brake levers and NOS hoods for ten dollars.

Just not worth it anymore. By the time Ebay and PayPal get through with me, I will have lost money.

Oh well, c'est la vie, as they say in France. No more of this nonsense for me. From now on, Buy it Now or Best Offer only...
Do you think that being in Canada had something to do with this? The biggest market would be America but Thunder Bay may seem like it is another world away to the average eBayer in the US.
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