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How does seller keep same no bid item up 4 years?
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<p>[QUOTE="rhiwfield, post: 401451, member: 924"]Long post but it may go partly to answer your question.</p><p><br /></p><p>We have 3 outlets, our Ebay shop with c 1400 items for sale at any one time, Etsy with c35 items for sale and our website with c750 items (and rising!) for sale. We add approx 200 items per month across the outlets and sell 150-200 items a month. As a mom and pop business we are a small player indeed!</p><p><br /></p><p>Ebay charge us £80 per month (plus FVFs) for a featured shop (which allows 1500 BINs and 300 7 day auctions) so there is a listing fee charge of approx 5p per item which rises if you go over the allowance. So each month we plan to use that allowance in full.</p><p><br /></p><p>Now here is the curious thing. We reckon on Ebay to get circa half our sales from stock listed in past two months and half our sales from older stock that has been listed several times. We only start considering price reductions when stock has been on for several months. From time to time we will remove old stock and make up a B&M auction lot to make room for new listings when new listings exceed sales</p><p><br /></p><p>Some of the older stock we sell is quite long in the tooth, if it was in a B&M shop it would have a layer of dust. But while we have a finite capability to source and list new stock, it makes money sense for us to keep a wide range of stock for sale and get a steady profitable sales stream.</p><p><br /></p><p>On our website we recently sold 15 items that had been listed for 4 years, but the problem here is not the quality of stock but our ability to attract buyers to the site.</p><p><br /></p><p>With Etsy we are still fairly new but have a policy of listing interesting stuff at remunerative prices. We have sold about 40% of items listed there since we opened at the end of last year.</p><p><br /></p><p>So maybe we have several thousand £ of older stock, but while it provides half our monthly sales, we won't be delisting it any time soon![/QUOTE]</p><p><br /></p>
[QUOTE="rhiwfield, post: 401451, member: 924"]Long post but it may go partly to answer your question. We have 3 outlets, our Ebay shop with c 1400 items for sale at any one time, Etsy with c35 items for sale and our website with c750 items (and rising!) for sale. We add approx 200 items per month across the outlets and sell 150-200 items a month. As a mom and pop business we are a small player indeed! Ebay charge us £80 per month (plus FVFs) for a featured shop (which allows 1500 BINs and 300 7 day auctions) so there is a listing fee charge of approx 5p per item which rises if you go over the allowance. So each month we plan to use that allowance in full. Now here is the curious thing. We reckon on Ebay to get circa half our sales from stock listed in past two months and half our sales from older stock that has been listed several times. We only start considering price reductions when stock has been on for several months. From time to time we will remove old stock and make up a B&M auction lot to make room for new listings when new listings exceed sales Some of the older stock we sell is quite long in the tooth, if it was in a B&M shop it would have a layer of dust. But while we have a finite capability to source and list new stock, it makes money sense for us to keep a wide range of stock for sale and get a steady profitable sales stream. On our website we recently sold 15 items that had been listed for 4 years, but the problem here is not the quality of stock but our ability to attract buyers to the site. With Etsy we are still fairly new but have a policy of listing interesting stuff at remunerative prices. We have sold about 40% of items listed there since we opened at the end of last year. So maybe we have several thousand £ of older stock, but while it provides half our monthly sales, we won't be delisting it any time soon![/QUOTE]
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