Finally Giving Up on Ebay Selling
09-29-22, 06:22 AM
#126
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Originally Posted by TimmyT
A little while back, there was a thread about Silca over on the Paceline. It turned out that Josh, who runs Silca, was on vacation. He came back and chimed in on that thread. It led to an article on Cyclingtips.
It's worth the read for what is happening in the online marketplace: https://cyclingtips.com/2022/07/inte...theft-returns/
It's worth the read for what is happening in the online marketplace: https://cyclingtips.com/2022/07/inte...theft-returns/
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09-29-22, 06:35 AM
#127
Thrifty Bill
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That’s a good read that explains it well. Realize savvy fraudsters will always be a step ahead. I didn’t realize credit cards make much MORE on fraud sales than real ones. Talk about the wrong incentives!!
On eBay, best to stay in your lane. If you commonly sell items for $25 to $50, avoid selling something for $1000 as one scam will wipe out dozens of sales. On used bike parts, fraud is less prevalent, as fraudsters can’t turn a vintage Suntour dérailleur into quick cash.
Still I’ve gotten claims on item not delivered even though USPS shows delivery. Know the sales rules! Over $750 (last time I checked) you must have a signature. I had one where the person refused to sign. Ultimately I got the item back.
My basic rule in bikes I’ll sell locally for HALF my eBay price. Why? No packing, no buyer wins any dispute, no fees; it’s just A LOT easier! I always laugh when a local seller wants eBay price. I tell them, then sell on eBay. Or I just ignore them.
On eBay, best to stay in your lane. If you commonly sell items for $25 to $50, avoid selling something for $1000 as one scam will wipe out dozens of sales. On used bike parts, fraud is less prevalent, as fraudsters can’t turn a vintage Suntour dérailleur into quick cash.
Still I’ve gotten claims on item not delivered even though USPS shows delivery. Know the sales rules! Over $750 (last time I checked) you must have a signature. I had one where the person refused to sign. Ultimately I got the item back.
My basic rule in bikes I’ll sell locally for HALF my eBay price. Why? No packing, no buyer wins any dispute, no fees; it’s just A LOT easier! I always laugh when a local seller wants eBay price. I tell them, then sell on eBay. Or I just ignore them.
__________________
Please don't confuse ebay "asking" prices with "selling" prices. Many sellers never get their ask price. some are far from it. Value is determined once an item actually SELLS. Its easy enough to check SOLD prices.
Please don't confuse ebay "asking" prices with "selling" prices. Many sellers never get their ask price. some are far from it. Value is determined once an item actually SELLS. Its easy enough to check SOLD prices.
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11-26-22, 10:52 AM
#128
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To add data points from two recent sales...
One was a frameset at $1,600. I listed it in every known Facebook vintage bike group and marketplace - no takers. Sold in a few weeks on ebay. The seller paid $1,848.75, including shipping, and I received $1,400.37. The fees can be hard to swallow, but reinforces that ebay reaches a much larger pool of buyers.
Second was a set of old but not vintage pedals. Listed here at $65. Sold on ebay for $90. Seller paid $102.60 and I received $82.55.
To be honest, it's much easier to list on ebay since you don't need to "bump" items and then either annoy forum visitors, or stop bumping and let the listing slide into oblivion. That said, I make an effort to list things here at a substantial discount because this is a great resource and generous community, and I really don't like sending ebay money.
One was a frameset at $1,600. I listed it in every known Facebook vintage bike group and marketplace - no takers. Sold in a few weeks on ebay. The seller paid $1,848.75, including shipping, and I received $1,400.37. The fees can be hard to swallow, but reinforces that ebay reaches a much larger pool of buyers.
Second was a set of old but not vintage pedals. Listed here at $65. Sold on ebay for $90. Seller paid $102.60 and I received $82.55.
To be honest, it's much easier to list on ebay since you don't need to "bump" items and then either annoy forum visitors, or stop bumping and let the listing slide into oblivion. That said, I make an effort to list things here at a substantial discount because this is a great resource and generous community, and I really don't like sending ebay money.
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11-26-22, 11:08 AM
#129
Captain Dorkdisk
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Originally Posted by Kilroy1988
Welp, eBay not only took more than 15% of the sale as a fee (including the "free shipping"), which is something I was willing to deal with - once - but also withheld my funds until AFTER proof of delivery
My first sale on ebay was in 1999. My last sale was last year after over 20 years of selling and 0 negative feedback. Ebay says that I had to be verified. They withheld the entire sales amount $52.00 and I'm out the shipping. They are still verifying me 16 months later.
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11-26-22, 03:27 PM
#130
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Originally Posted by alexihnen
To add data points from two recent sales...
One was a frameset at $1,600. I listed it in every known Facebook vintage bike group and marketplace - no takers. Sold in a few weeks on ebay. The seller paid $1,848.75, including shipping, and I received $1,400.37. The fees can be hard to swallow, but reinforces that ebay reaches a much larger pool of buyers.
Second was a set of old but not vintage pedals. Listed here at $65. Sold on ebay for $90. Seller paid $102.60 and I received $82.55.
To be honest, it's much easier to list on ebay since you don't need to "bump" items and then either annoy forum visitors, or stop bumping and let the listing slide into oblivion. That said, I make an effort to list things here at a substantial discount because this is a great resource and generous community, and I really don't like sending ebay money.
One was a frameset at $1,600. I listed it in every known Facebook vintage bike group and marketplace - no takers. Sold in a few weeks on ebay. The seller paid $1,848.75, including shipping, and I received $1,400.37. The fees can be hard to swallow, but reinforces that ebay reaches a much larger pool of buyers.
Second was a set of old but not vintage pedals. Listed here at $65. Sold on ebay for $90. Seller paid $102.60 and I received $82.55.
To be honest, it's much easier to list on ebay since you don't need to "bump" items and then either annoy forum visitors, or stop bumping and let the listing slide into oblivion. That said, I make an effort to list things here at a substantial discount because this is a great resource and generous community, and I really don't like sending ebay money.
there needs to be a bringatrailer for classic and vintage bikes, heck maybe even mod bikes. "BAT" now has about a 100 listings per day.
They do charge a listing fee, so that quells some to motivated sellers.
