03-10-2023 06:07 PM
03-10-2023 07:19 PM
Watchers Watch; Buyers Buy...and it's no differet on other sites where I sell...who really cares whether folks watch,favorite,heart, put an item into their cart & leave it there for weeks,months or whatever... ignore,ignore,ignore...
it is what it is....
B-U-Y-E-R-S buy and that's all you need to concern yourself with...
C'est la vie!
Que sera,sera!
03-10-2023 08:36 PM
Watchers Watch , Buyers Shop...
03-10-2023 10:54 PM
I've been sending out Discount Offers to Watchers recently on items that do not have PL enabled.
No reaction although the PL items continue to sell steadily at a lower fee.
That is, in line with @ricarmic 's test, my usual 2% PL fee option sells more items than a 10% discount offer to a Watcher.
03-11-2023 09:40 AM
I stopped sending best offers a month or two after the option started, my PL's with 2-2.3% sell way better than sending out discount offers with 10-15% off.
03-11-2023 11:35 AM
Just curious if anyone has tried these strategies for getting Watchers to buy.
1) Raise the price on the item and after a few days, lower the price by at least 10%. I belive that the system send out a notification to those Watchers that the item they were watching has just lowered the price.
2) If you have more than one quantity of an item (e.g. 5), reduce the amount available for sale to one. Once again, the system may send a message to the watchers that only one item is left. If this works, the updside is that generate a sale. The downside is that you will need to relist the item. When doing so, choose relist rather than sell similar because it's likley that eBay will message those other watchers that the item is once again up for sale.
Good luck to all.
03-11-2023 01:03 PM - edited 03-11-2023 01:05 PM
The only caveat I would add to the "bump the price" and then discount is that at least in my case 50% of my sales are to repeat customers.
They would notice and the message I'd be giving to them would be that one never knows if the current price is my real price or my "about to be discounted" price, at least a chunk of them would wait to buy stuff until they saw it for sale, so going forward, they'd expect to buy stuff 10% less in this scenario eventually.
My own experience with "Sales" is that they don't work anyway (in my categories) so theoretically this wouldn't likely have a large positive impact with a possible significant downside (10% off expectations).
All categories and selling styles have their time and place, I'm simply putting this out there as something to consider.
With respect to the original post, at least in my world the larger the number of watchers the larger the chance it sells definitely holds true. One or two watchers is inconseqential, but if one (in my world) starts to see 4 or 5 or 10 watchers at auction or BIN, it is going to go, most of the time. In my experience, 10 means it is going to go WELL at auction.
03-11-2023 10:00 PM
While I may agree that the higher the number of watchers, the better the chance of a "potential" buyer, there is no way to know if the actual buyer is one of those watchers or simply a serious-minded buyer who was more definitive in making their decision to purchse.
03-12-2023 05:33 AM
DH has always been of the opinion that discounts attract customers who will wait for the sale price.
We always had slow Decembers in the shop, so he tried having discounts. There were more transactions than usual, but profits were lower (even lower than when we had almost no transactions).
So he switched to "trade dollars" .
We'd been doing those from when the GST came in, to the dismay of most Canadians. We were giving our trade dollars (think of Canadian Tire money) to cover the tax.
Buy $100 in the shop and get $7 in trade dollars for use on your next purchase.
Worked great and encouraged repeat buyers.
So DH sent out a flyer to our regulars, with a $5 trade dollar for use between Boxing Day and New Years.
Sales went through the roof.
For the cost of printing and mailing a flyer. And we had lots of mint stamps purchased at a steep discount.
BTW- the sale was targetted to our repeat customers. If you just walked in for the first time, no discounts.
Has anyone been using eBay's coupon program?
03-12-2023 02:26 PM
@reallynicestamps wrote:Has anyone been using eBay's coupon program?
If that and many of the other things that were available on the .com site were a thing on the .ca site I would use them. I list on .ca so I can't use that or multiples items purchased discounts.
Not sure why ebay has never implemented any of these things on .ca but only having a store discount is kinda junk, and doesnt allow anyone on this site to compete in any way with others using .com
03-12-2023 10:23 PM
@regs43 wrote:
@reallynicestamps wrote:Has anyone been using eBay's coupon program?
If that and many of the other things that were available on the .com site were a thing on the .ca site I would use them. I list on .ca so I can't use that or multiples items purchased discounts.
Not sure why ebay has never implemented any of these things on .ca but only having a store discount is kinda junk, and doesnt allow anyone on this site to compete in any way with others using .com
I'm wondering if the delay in implementing on ca has anything to do with the legalities involving coupons. I know we have(Canada) stricter rules and their are special exceptions for anything in Quebec(Or maybe no access to a French/English dictionary?). Otherwise this would/should have been a straight roll out on ca shortly after dot com. All Tyler stated in the past was possibly sometime in 2023.
-Lotz
03-13-2023 04:37 AM
@spinning*my*wheels wrote:Ebay the official website of the watchers.
Hey, some watchers are like me.
After I make some purchases, instead of using my browser to bookmark an Ebay listing (like I used to when Ebay was young), I watch an item I wish to purchase soon or at some point when funds are available.
03-13-2023 10:15 AM
@needsmorerobots wrote:
@spinning*my*wheels wrote:Ebay the official website of the watchers.
I watch an item I wish to purchase soon or at some point when funds are available.I do the same, I really am one of those watchers that "hopes" to purchase and would have bought if the item was a little less and/or I came into some extra mad money. I'm a collector but I can't buy everything I see I like (don't I wish). I think a lot of watchers would buy if the price was less, I've seen it happen to my own watchers, something had 12 watchers and no action then I reduce the price (usually as auction) and most times this will help. I have a current auction now that had been around a few months, I had just reduced and now have a bidder. (She also bought three other items to combine with it!)
I also know some watchers might buy if I list something else they are interested in (to combine shipping) that they might not buy on it's own (shipping cost is more palatable for a few things).
A lot of times it's nosey people too of course, I've done the same thing as run geek has done and used it like a bookmark (what was the name of that thing again?)
03-14-2023 09:53 AM - edited 03-14-2023 09:57 AM
Was reading the messages this morning and when I saw...
"Ebay the watcher's paradise"
and then for some reason, this popped into my head.
03-15-2023 04:41 PM
03-15-2023 05:04 PM - edited 03-15-2023 05:07 PM
@brettjet38 wrote:Was reading the messages this morning and when I saw...
"Ebay the watcher's paradise"
and then for some reason, this popped into my head.
Remember this one? When folks used to go to eBay...First? 2003.
https://www.youtube.com/watch?v=OuefKsXb2UU
-Lotz