@Anonymous wrote:
@west-island-electronics wrote:
That exchange is my profit margin. With the exchange I was able to offer free shipping on all my items,and monthly sales, in turn ebay making a larger profit off my fees.
I don't know why EBAY makes these decisions for us, it should be the sellers right to sell their products in which ever currency they want.
All this causes is a lot of price changing, and ALOT of time to alter all my listings, and less exposure.
Don't see the benefits at all, all I see is a pile of work, and work I will not be compensated for.
We just got threw this whole defect system, just when Ebay was taking a turn for once in the sellers favour, they spring this on us.
Very disappointing as a Canadian seller.
Hi beaconsfield-electronics
I hope I can help a bit by clarifying two things.
1. You get exactly the same exposure to US buyers whether you list on eBay.ca, or on eBay.,com, and whether you list in USD or CAD. eBay.com search treats items listed on eBay.ca just like items listed on eBay,com, so long as there is shipping on the listing for US buyers.
2. A few sellers have talked about the need to change prices all the time. And I suppose if you're determined to hit a specific price in US dollars that is true. But if you are trying to hit a specific price in US dollars, you should list in US dollars on eBay.com.
Another way to look at it is that when you list in CAD you are in control, whereas when you list in USD you are living with foreign exchange risk to your margin and/or competitiveness.
Suppose you list long tail inventory in CAD for $75, and you have an $18 profit margin on the item. Now, on any day when the US dollar rises against the loonie, my price goes down for US buyers on that day. I didn't have to edit anything. Or if the opposite happens and there is a big climb in the Canadian dollar, instead of having to increase prices to protect my margin, I'm still collecting $18 Canadian on each and every sale. You would still need to revise your listings if, say, you decided you could live with less than $18 profit to compete with sellers competing with the same item at CAD$70, But the difference is that your prices are adjusting in USD automatically to maintain your margin when you list in CAD. You get to make conscious decisions about your margin instead of reacting after the fact.
I disagree with 1. We do NOT get the same exposure (a quick search of your items can show you what is and isn't getting the same exposure as either US or CHINA listings)
As for 2, many who sell collectables WILL need to constantly change prices if listing in CAD due to most being assessed in USD. So yes, if you want to get FAIR MARKET VALUE for many things you will need to keep up with changing prices (and possibly ticking off potential buyers who see your prices go like a yo-yo)
you have more control when you (we sellers) list in USD, like when the CAD dollar tanks again (which it hopefully will not). If you are listing for 10 dollars USD and are going to do CAD then today it might be 12 dollars, tomorrow you may need to change it ti 13 or 14 dollars. That is not control, that is CRAZINESS.
~~~onewitchlady~~~~
