Home  >  Community  >  The eBay Outlook  >  Why Wont this sell.. even at $0.01 and no reserve


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 dcpent
 
posted on August 29, 2003 06:48:36 AM new
[deleted]
[ edited by dcpent on Sep 9, 2003 04:34 PM ]
 
 noh2
 
posted on August 29, 2003 06:57:18 AM new
shipping for one piece is 3.95,shipping for lot is 13.49 for my addr.
you can get these things in dollar store or local wholesalers for less,without incurring shipping charge.
resin stuff is a dime a dozen everywhere.
burgerflipper,you go first!!!!!
 
 TheFamilyBiz
 
posted on August 29, 2003 07:18:09 AM new
Shipping to me is $17.13 - including the required insurance. The shipping could be what's killing you on this.

I know they're probably heavy and like noh2 said, items like these are in the dollar stores here, too.

Wayne
 
 ahc3
 
posted on August 29, 2003 08:15:59 AM new
Same conclusion here, shipping is the killer. It would cost about $15 here, why pay that much to ship items that are worth so little? You need to factor shipping in with the cost of an item. It can be free, but if the shipping is too high, it is still too expensive!

Also, on the insurance side, I probably won't buy from a merchant who requires me to buy postal insurance on an item that will sell for so little.

 
 Fenix03
 
posted on August 29, 2003 08:16:51 AM new
Try selling them as a dutch auction. Someone night want 1 but probably won't wnat 12. That's ll also keep the shipping down. Also add cowboy and teddybear to your title. The only people who are finding are ones looking specificly for it. You are ruling out all teddybear browsers. JUst some suggestions
~~~ • ~~~ • ~~~ • ~~~ • ~~~

Men Are Like Grapes. If You Stomp on Them and Keep Them in the Dark Long Enough, They Might Turn Into Something That You Would Take to Dinner
 
 noh2
 
posted on August 29, 2003 08:33:06 AM new
she does offer the option of buying just one for a little over 1 dollar,but shipping is 3.95 for one.
our local dollar general store has bunny rabbit casted of resin and handpainted 10 inches tall for 5 dollars,so you figure tax 5.35 and you can take it home.
burgerflipper,you go first!!!!!
 
 AuctionAce
 
posted on August 29, 2003 09:35:53 AM new
Speaking of killer s/h, I got an AuctionBytes email today telling me of a limited edition 'Ebay's 8th anniversary pin' ( only 500 made ). I followed the link to the ebay store and saw it was still availble and was $5. Since there are only 500 of these I thought I might buy one and salt it away for a few years. I was curious what the s/h would be but had to fill out the long form just to get to the s/h options ... all FedEx and the cheapest was FedEx Ground at $5.95 . For a teeny, tiny pin? Must be the minimum but now I can see see why a seller has to charge a LOT of s/h to be considered fee avoidance.


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 uaru
 
posted on August 29, 2003 12:17:35 PM new
Shipping for me would be $14.39. That's steep.


 
 noh2
 
posted on August 29, 2003 12:26:15 PM new
resin stuff 12 of them are heavy and needs to be individually packed.shipping of 15 is not expensive if you can sell it for 10-12 dollars each.
these days you really have to find something nice and unique.
burgerflipper,you go first!!!!!
 
 neroter12
 
posted on August 29, 2003 12:32:24 PM new
LOL Ace!! When in ebayland, do as ebayers do.

DCpent, the only real resin figurines that sell well are the Boyds and even those that are retired and HTF, are doing much less than they used to.

The other thing is, and I've been throwing this around in my head a bit, and would like to get some opinions on it. If something is too cheap, does it turn buyers off? Does it turn me off? I think sometimes it does. It's almost like, "if you dont think its worth anything, why would I? Even though it might be? You know, like a used car. If its listed at say, 500.00, as a buyer you think, "oh must be junk" or they wouldn't be selling it so cheap. But what if its not any less junkie than the 1800 dollar car? I dont know..it's a weird thing.

Anybody else ever feel that way as a buyer, or consider that as a seller?
[ edited by neroter12 on Aug 29, 2003 12:33 PM ]
 
 classicrock000
 
posted on August 29, 2003 12:48:10 PM new
neroter12-think you point is well made.Its all in the head.I know nothing of these,but if I was browsing around and saw these and they were only one cent for 12-I gotta figure either the seller bought 100 of these for a buck in some dime store,or they're just pure junk.If I saw these were going for say $9.95 a piece-I figure they must be worth something as they are cute.

 
 AuctionAce
 
posted on August 29, 2003 12:56:44 PM new
There have been several discussions on initial start price before. If a seller has a line like "Everything I Sell Always Starts At One Cent With No Reserve" in all of their auctions then the "cheapie item?" impact is lessened considerably. The number one feedback king at ebay still does that ( JayandMarie - fomerly OneCentCDs ) as well as Fluffy and hundreds of other ebay sellers.

I think it is too risky to offer stuff at a very low price these days on ebay as there seems to be less and less bidders/bidding and very few bidding wars. I've always prescribed to the the school of thought that says start at the minimum amount you will be happy with as a start bid.


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 noh2
 
posted on August 29, 2003 01:01:47 PM new
take a look at seller MUERDERJOE.

burgerflipper,you go first!!!!!
 
 Roadsmith
 
posted on August 29, 2003 01:13:18 PM new
I just looked at your auction. Cute figure! When I saw the thumbnail picture, first, I thought it was a little stuffed animal. I don't see mention of resin anywhere, in description OR title. I wonder if that would help? It's hard to tell just what it is made of.

I agree with the others' suggestions here, about listing separately, at a higher starting price, and mentioning cowboy and teddy bear in the title or somewhere.
___________________________________

SMILE ANYWAY!
 
 AuctionAce
 
posted on August 29, 2003 01:14:31 PM new
MUERDERJOE is an invalid ebay ID?


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 noh2
 
posted on August 29, 2003 01:24:56 PM new
MUEDERJOE -AN AUSTRIAN SELLER.

burgerflipper,you go first!!!!!
 
 noh2
 
posted on August 29, 2003 01:27:22 PM new
you can tell it is resin ,try it around xmas,dutch auction.
resin casted items and limoge style boxes,polymer jade have all seen better days
burgerflipper,you go first!!!!!
 
 AuctionAce
 
posted on August 29, 2003 02:19:14 PM new
I just noticed this in the auction

You are bidding on a Wholesale lot of 12 identical items New, never used, perfect condition

For 12 resin items the s/h isn't bad.



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 dcpent
 
posted on August 29, 2003 03:24:54 PM new
[deleted]

[ edited by dcpent on Sep 9, 2003 04:35 PM ]
 
 AuctionAce
 
posted on August 29, 2003 03:51:55 PM new
Don't feel bad dcpent, I just got done reading another ebay board and some sellers are saying only a very small percentage of items listed are selling in certain categories.


-------------- sig file ----------- He who angers you controls you
 
 neroter12
 
posted on August 29, 2003 05:49:35 PM new
Ace, the 1 cent CD guy is a rarity. Everybody knows them. I think, and I dont know, Fluffy does well, but she's made her niche, too.

I myself hardly look at the 1 cent auctions,
but I dont know if its just not in catagories
I'm interested in, or just haven't crossed them yet. (which now that I think of it, seems kinda strange...)

If dcpent mentions teddybears in the title, he's sure to get hits from those collectors, dont know if they'd want 12 of them though might be a reseller who thinks they can turn them.

 
 AuctionAce
 
posted on August 29, 2003 07:22:57 PM new
JayandMarie are realy remarkable in that they start all auctions at a penny with no reserve and at best make only 50 cents on shipping. They buy out entire store inventories at a few cents on the dollar. As long as the average sell price is well above the average buy price they come out ahead.

Fluffy makes $2 or $3 per item and will not combine item so the makes something even if the item only gets a one cent bid. The same thing as JayandMarie pretains though, the average sell price has to be well above the buy price to make money. If Fluffy only has one source for her jewelry than she is VERY dependent on that source and would need to find a replacement source if that one disappeared.


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 stonecold613
 
posted on August 31, 2003 09:08:21 AM new
I see three reasons why it likely didn't sell.

First everyone has beat to death already.


The second is "PAYPAL ONLY"

The third is your terms on your about me page.

LATE PAYMENTS: The S/H charge quoted in the item description applies when payments are made promptly (within 15 calendar days of the close) After 15 days an additional handling fee for late payment of $25 is added. If the total remains unpaid 30 after the close then an additional fee of $50 is added, and another $50 for each additional 30 days late. If you wish us to clear your account with ebay then you must pay for the item, S/H and all late fees. If we have already sold the item to someone else, then you still must pay all late fees, handling, and the difference between your winning bid and what we sold the item for.

The latter would for sure keep me from buying. My guess is you have automated non-personal check out too.

 
 dcpent
 
posted on August 31, 2003 10:15:20 AM new
[deleted]
[ edited by dcpent on Sep 9, 2003 04:35 PM ]
 
 stopwhining
 
posted on August 31, 2003 10:27:21 AM new
stonecold613,
you are sherlock holmes in my books.
i missed that part,i think it wont fly on ebay,this must be leftover from the go go days when anything everything sells.
i can go to any dollar store and find these items at one dollar or perhaps less and take home with me.
-sig file -------The thrill is gone!!
 
 fluffythewondercat
 
posted on August 31, 2003 10:34:21 AM new
Well those late payment terms are a tad harsh, I'll hafta tone them down.

Here's a tip: You can have whatever internal policies you wish for your business. Someone who sells furniture, for example, might want to require payment in 10 days (which he would put in his TOS) but might also start charging storage on the item if not paid for in 30 days. There's no need to state that in his TOS. You just email the recalcitrant bidder on day 11 to let her know since she's exceeded the 10 day requirement, she's getting close to storage-fee territory.

Stores like Marshalls, JCPenneys, Bloomingdales, etc. have internal policies that kick in in certain situations. A co-worker of mine (long ago) had a shopping addiction. Such a wonderful wardrobe she had and such a well-used store credit card, too. But she could not stop shopping, so she would return her purchases a day or two later. She got a stern letter from the retailer warning her that further returns would be denied after such and such a date.

You don't have to put every little contingency in your TOS.



I am not a bathtub full of brightly-colored machine tools on Vendio.
 
 fluffythewondercat
 
posted on August 31, 2003 10:41:03 AM new
They left off things like the city & state, or the street address. Eventually by some miraculous event these payments would get to me.

In this age of electronic marvels, it seems like you should be able to successfully require people to use PayPal.

However, we're not all computer-enabled all the time. And I get about 30 mailed-in payments every day.

Here in the Silicon Valley, I was surprised to see an Internet cafe open in a major shopping center. I figured just about everyone around here who wanted a computer, had one. But darned if the place isn't always full every time I go in there to get a chai latte. Yesterday there was a teenager browsing eBay looking for Tinkerbell stuff. I doubt she'll pay with PayPal.



Our motto: Bright and shiny baubles for persons with low impulse control.
 
 stopwhining
 
posted on August 31, 2003 10:42:57 AM new
did'nt someone got thrown out of boston filene basement for excessive returns??
i can see furniture or bulky items,but for 12 resin bears??
besides ebay bidders do not read,there are so many sellers with their own terms??who has time to read GONE WITH THE WIND??
-sig file -------The thrill is gone!!
 
 fluffythewondercat
 
posted on August 31, 2003 10:48:54 AM new
If Fluffy only has one source for her jewelry than she is VERY dependent on that source and would need to find a replacement source if that one disappeared.

Actually, that was a problem for a couple of years. I had to worry that that source would dry up and worse, I was really concerned that my regulars (who provide 80% of the revenue) would get bored with a lack of variety.

Fortunately I was able to find another steady source of (oh happy day) different kinds of jewelry. Some of that stuff has brought as high as 1000% profit.

Add in a few more sporadic offerings from vendors and the problem is no longer lack of merchandise or variety; it's getting the sold goods out the door quickly enough.

I'm really looking forward to this Christmas season. I think it's going to be the best ever.





Our motto: Bright and shiny baubles for persons with low impulse control.
 
 AuctionAce
 
posted on August 31, 2003 11:34:23 AM new
Here in the Silicon Valley, I was surprised to see an Internet cafe open in a major shopping center. I figured just about everyone around here who wanted a computer, had one. But darned if the place isn't always full every time I go in there to get a chai latte.

In the Great Mall in Milpitas by the 20 plex theaters they opened a Cyber Cafe. When I first saw it at a distance I thought it would be full of all sorts of people typing away on computers. When I looked through the windows I saw that every single user was an Asian boy aged 12 to 16 and almost everyone single one was playing the same online war game. It's that way every time I pass by that cyber cafe. That's what the cyber cafes are for I guess.


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