Boycott promoted listings. Why give eBay more money? We are already paying for store and selling fee. Give the discount to the customer. Didn’t understand why everyone was doing promoted listing and giving eBay more money. Glad others are thinking like me.
I agree. I Promoted the listing only one-time last month. It was to get more views so that people could find me and know my store. I saw a change in my sales after a week. The best way I found to get more sells was to list every day even if it is one item. Making sure that the description and the price are right is also a good thing to do.
Great video. For those wanting to try this, be aware of how many listing you are at compared to your allotment for the month as well as how many you have left for free listings. If your close this could put you over for the month without actually listing anything new and cost you .25 a listing to post. Been there done that!
just wanted to jump back here to tell you I have been doing the delist and sell similar for about 3 weeks now. This has been far more effective than sales that I've run in the past trying to get rid of old inventory. I have been doing 10 a day using listings that end today. I checked my stats yesterday and my sales are up considerably. I don't see me ever going back to running regular sales or using coupons again. I just wanted to thank you for sharing you system!
Price is definitely king, imo. A majority of buyers shop the lowest price. They don't care or even know about promotions. They want the best item they can get at the lowest price. Desirable item plus the right price is the formula. I think it also helps when you have a larger store with similar items as well. Absolutely nothing wrong with promoting when needed but a lot of sellers don't make the distinction. It's like promotions is another box to check b/c somebody said you have to do it to get more sales. This is why you constantly hear people ask what rate do you promote at?
Totally agree. People usually search by brand, size, model and color. even there if there 1000's of Levi Jeans there are only so many in a particular size and color. Promoted listings putting your listing at the top out of 15 available won't do much
I am still nearly losing on shipping , not selling enough so the post keeps price high for post. Buyer want to pay nothing for postage or very little frustrating plus . There is also the cost of bags to post item . Yes price matters ! I have to put price down too am starting to do that more aggressively !thanks
@@TaylorExchange thanxs totally! I was following.. other u can sell anything sellers on u tube lol now selling a couple of items see sales improve this year off loading like you did only a 5.00 sale ! U so organised love the colourful poly mailers too ! Thanxs for sharing
I promote my listings and I am glad I do. I have a 30% sell thru per month in my store of only 886 items. I sell all clothing (mens with some womens.) I feel like if you gave promoted listings a good shot - longer than 4 days... your business would explode. You would sell way more and the benefit would outweigh the con. But to each their own.
Yes your mostly correct but I have had some items that I just happen to forget to promote and it sold in four days, that's because it was a high demand item, what I have to disagree with is how he's doing this all wrong and could have more sales weather he promotes or not, instead of having a pair of jeans setting on the shelf for 6 months he could have offered free shipping in the first place and got sales quicker and made the same if not more profit without dropping his price 6 months later, he apparently doesn't know how eBay algorithms work!, as you said they look at your sell through rate and having an unsold item beyond 90 days over and over again will put you on the bottom of the page and make it harder for customers to find you!
I've been selling via promoted and found some of my promoted none sales have had 1 view...great promoting ebay..I could do that with a cardboard sign at the lights.
Yeah, If you have a shirt for $29.95 on Ebay for 5 months and it doesn't sell, that DOESN'T mean you need to promote it,...it means you need to end-and-sell-similar and change the price to 24.95 or whatever. On the other hand, if I list a jacket for $120.00 and I get 2 offers for $110.00 the next day, i DON'T accept the offer(I don't allow offers btw), I actually sometimes INCREASE the price,...I research every item before I list it, so I purposely don't budge on my price within 30 Days no matter what. 90% of the time the people that offer "$110.00" end up buying for $120 when i reply "no thx",...sometimes they buy it for full price before I have a chance to reply to them. You can't go wrong when you slowly lower the price over a period of time, -it makes sure you don't get burned, and it it makes sure you don't need to do promoted listings. Promoted Listings is for Suckers.
That’s exactly right. Also, some shorts just don’t sell fast. Theirs no rule in the world that says because you list a correctly priced used item that someone else needs to buy it that day, week, or month.
You make some good points and I intend to give the markdown strategy a go. There’s definitely a lot of TH-camrs talking about not promoting anymore. You may have seen this but For more analysis I’ve found Polish Pete UK good lately on this topic. Thanks again.
I rarely promote unless I have multiple multiple items in a SKU, but I recently ended that cuz YES, a lower price is better than hoping eBay "promotes"... My price promotes💪💪💪💪
@@jondurand12 Ya, it’s probably 65-70k my guess and still have to take out some for my photographer. Social media income has been my focus this year. I lower the price on items after 1 month.
I’m down to boycott it. I rarely promote. eBay is making more money off the promoted fees. They aren’t as motivated to get new customers because they are making money off their down-line like a multi level marketing company
I have about 3500 items. I've been using promoted listings off and on but I sell mostly media (cds, cassettes, movies of all types), books, toys, and videogame, and various collectibles. I'm been doing the delete and resell similar but it seems to delete a chunk of the info in my items for some reason when I do it one at a time. I wonder if that way of doing it would keep it from deleting data. It would definitely be worth trying it like that for stuff I don't want to spend the time updating. Thanks for the ideas. I'm getting tired ot paying 10% promoted listings only to still not get the sales. And this way I can pick and choose what to change the prices on. For some items it's better to up the prices on occasion too when they go down too much. I might try it tonight and see if I can get some extra sales.
@@Aaramlias Just have to weigh out if it’s worth the sale. If you have a lot of low dollar inventory it’s been nice churning more through the store. I’d say if you have higher end valuable items maybe don’t promote.
@@TaylorExchange I do have a lot of lower end stuff but I have some higher end stuff too in the $20 to $200 + range. I'm always on the hunt for higher end stuff but many time I don't find it so I look for stuff that I don't have to pay much for. I tend to make double my money up to 5 to 10x what I pay for most items unless I can get items cheaper. I do hunt for and learn about higher end items all the time though, I find Ebay doesn't seem to allow me to make much more then $500 CND a week.
@@TaylorExchange I have my promoted listing set to up to 10% and have it set for $6 to $50 or something like that. It doesn't seem to let me check that anymore, I have a feeling it changes my settings every so often though,
what depth of shelves do you use?....im looking at getting a storge unit 10x10 and then getting 7ft by 20 inch husky shelves then extended bank boxes or totes...would you do that?.
I tried to maximize space with the shelves and boxes. I also considered if I would use the shelves for personal use and resale value in the future. I can’t really say for your situation.
Please Taylor. Which area in TX. Please I ask it because I live in NYC everything very expensive may worth the trap thank you if you busy I hope any one tell me
I couldn’t be for sure but I ran promoted for the first time earlier this year for 4 days and when I changed all the listings back I saw some promoted sales after the fact. You could be locked in for a while until they change those listings. No real answer but that’s my best guess.
I stopped promoting entirely and saw no drop in sales. The first week or so may have been slower, but otherwise no change. The views may be lower also, but still converting the same (if not more) sales.
Wow someone was being a little cocky at the begaining of their video....dont become one of them....lol....just kidding...but still the same don't become one of them.
I hit the thumbs up for "Boycott Promoted Listings",...I'm doing 20K this month with no promoted listings,... 3,300 listings
🫡 Excellent!
The Trash to Cash Podcast inspired this video.
3300 listing? are you doing dropshipping?
@@jasonwalker9864 no,...I'm down to 2,700 listings,...$19k last month,...mainly do clothes/media/shoes
Boycott promoted listings. Why give eBay more money? We are already paying for store and selling fee. Give the discount to the customer. Didn’t understand why everyone was doing promoted listing and giving eBay more money. Glad others are thinking like me.
I feel a Braveheart moment coming!
I agree. I Promoted the listing only one-time last month. It was to get more views so that people could find me and know my store. I saw a change in my sales after a week. The best way I found to get more sells was to list every day even if it is one item. Making sure that the description and the price are right is also a good thing to do.
I think listing good items daily is the main factor.
Great video. For those wanting to try this, be aware of how many listing you are at compared to your allotment for the month as well as how many you have left for free listings. If your close this could put you over for the month without actually listing anything new and cost you .25 a listing to post. Been there done that!
Great point!
Exactly what I was going to say
Excellent video! I promote at 2.7 percent but I am going to try doing what you do! Your video really made sense.
Very cool, let me know how it goes!
I agree, everyone should boycott promoted listings on any platform. These platforms are getting more & more greedy by the day.
A little update, I promote at 10% and it’s helped a lot. Well worth the fee.
just wanted to jump back here to tell you I have been doing the delist and sell similar for about 3 weeks now. This has been far more effective than sales that I've run in the past trying to get rid of old inventory. I have been doing 10 a day using listings that end today. I checked my stats yesterday and my sales are up considerably. I don't see me ever going back to running regular sales or using coupons again. I just wanted to thank you for sharing you system!
That’s awesome!
Yes, I have to thank my friend Mike.
He just started uploading to his TH-cam channel ‘K and M Resell’
Wow, this was so helpful! Thanks a bunch. I am moving back to clothing so will be using these techniques!
Well I’ve since changed to promoting for the first time and it’s converting a lot of sales!
Price is definitely king, imo. A majority of buyers shop the lowest price. They don't care or even know about promotions. They want the best item they can get at the lowest price. Desirable item plus the right price is the formula. I think it also helps when you have a larger store with similar items as well. Absolutely nothing wrong with promoting when needed but a lot of sellers don't make the distinction. It's like promotions is another box to check b/c somebody said you have to do it to get more sales. This is why you constantly hear people ask what rate do you promote at?
I couldn’t agree more.
@TaylorExchange BTW, Great job on your sales this year 🎉. Hope you get to 200K
@@misslashayresells3853 Thank you, we will for sure hit it.
Totally agree. People usually search by brand, size, model and color. even there if there 1000's of Levi Jeans there are only so many in a particular size and color. Promoted listings putting your listing at the top out of 15 available won't do much
Great point
You don't have to end and sell similar to do the price reduction, but I'm with you on the promoted listing boycott!
Very true.
I am still nearly losing on shipping , not selling enough so the post keeps price high for post. Buyer want to pay nothing for postage or very little frustrating plus . There is also the cost of bags to post item . Yes price matters ! I have to put price down too am starting to do that more aggressively !thanks
Might need to find better items.
It’s not an easy thing.
@@TaylorExchange thanxs totally! I was following.. other u can sell anything sellers on u tube lol now selling a couple of items see sales improve this year off loading like you did only a 5.00 sale ! U so organised love the colourful poly mailers too ! Thanxs for sharing
I promote my listings and I am glad I do. I have a 30% sell thru per month in my store of only 886 items. I sell all clothing (mens with some womens.) I feel like if you gave promoted listings a good shot - longer than 4 days... your business would explode. You would sell way more and the benefit would outweigh the con. But to each their own.
Yes your mostly correct but I have had some items that I just happen to forget to promote and it sold in four days, that's because it was a high demand item, what I have to disagree with is how he's doing this all wrong and could have more sales weather he promotes or not, instead of having a pair of jeans setting on the shelf for 6 months he could have offered free shipping in the first place and got sales quicker and made the same if not more profit without dropping his price 6 months later, he apparently doesn't know how eBay algorithms work!, as you said they look at your sell through rate and having an unsold item beyond 90 days over and over again will put you on the bottom of the page and make it harder for customers to find you!
I've been selling via promoted and found some of my promoted none sales have had 1 view...great promoting ebay..I could do that with a cardboard sign at the lights.
Dang, I’ve got a few boxes lying around.
Send me your store name and I’ll write a few up and post them around town 😂
@@TaylorExchange I'll pay you 1%....lol.
@@BusyBeeCompany Haha might need more, I’ll be battling with the bums in town for prime real estate.
Yeah, If you have a shirt for $29.95 on Ebay for 5 months and it doesn't sell, that DOESN'T mean you need to promote it,...it means you need to end-and-sell-similar and change the price to 24.95 or whatever. On the other hand, if I list a jacket for $120.00 and I get 2 offers for $110.00 the next day, i DON'T accept the offer(I don't allow offers btw), I actually sometimes INCREASE the price,...I research every item before I list it, so I purposely don't budge on my price within 30 Days no matter what. 90% of the time the people that offer "$110.00" end up buying for $120 when i reply "no thx",...sometimes they buy it for full price before I have a chance to reply to them. You can't go wrong when you slowly lower the price over a period of time, -it makes sure you don't get burned, and it it makes sure you don't need to do promoted listings. Promoted Listings is for Suckers.
That’s exactly right. Also, some shorts just don’t sell fast. Theirs no rule in the world that says because you list a correctly priced used item that someone else needs to buy it that day, week, or month.
I’ve been looking for a video on this forever thank you!
Well I hate to say it but I may have been wrong on this.
@@TaylorExchange well I was mainly speaking on the method of marking down items in bulk and finding when I listed items
@@matthewjaffe Ah I see, ya it’s a big plus for selling items.
You make some good points and I intend to give the markdown strategy a go. There’s definitely a lot of TH-camrs talking about not promoting anymore. You may have seen this but For more analysis I’ve found Polish Pete UK good lately on this topic. Thanks again.
Thanks
Wow, I'm definitely going to start doing this and i have a good feeling it's going to make me some money 😎 thank you !
Sweet, let me know how it goes!
I rarely promote unless I have multiple multiple items in a SKU, but I recently ended that cuz YES, a lower price is better than hoping eBay "promotes"... My price promotes💪💪💪💪
Exactly right
Would love to see the profit video!
Ok, ya I thought I’d do it at the end of the year but until my CPA files I won’t know exactly how much.
@@TaylorExchange sounds good! Also, how often do you think I should wait to lower price and relist?
@@jondurand12 Ya, it’s probably 65-70k my guess and still have to take out some for my photographer. Social media income has been my focus this year.
I lower the price on items after 1 month.
@@TaylorExchange ok, thanks for all your help!
I haven't used promoted for months.
No luck?
I tried for it for the first time this year.
Only four days and I felt disgusting 😂
I’m down to boycott it. I rarely promote. eBay is making more money off the promoted fees. They aren’t as motivated to get new customers because they are making money off their down-line like a multi level marketing company
Boycott! 😂
I wouldn’t call it an MLM but I get what you mean.
Great informative video. Thank you very much
You’re welcome. 👍
I am back because I am rewatching, this is very helpful to me.@@TaylorExchange
I lost my bears jacket like that where can I buy one
It’s tough, I check eBay from time to time. 🤷♂️
Are you storing your inventory in a garage?
Yes
good video - subbed
Thanks 👍
How do I boost sales if I’m selling very high end clothing? Balmain etc. it’s so hard to move but I don’t want to give it away cheap😢
It’s possible high end buyers aren’t going to eBay. You could try promoting or just waiting for the right buyer
Thank you bud. 🙂
🫡
@@TaylorExchange I really got a lot of value from this video. There is a ton of stuff about eBay I'm learning. Thank you. - Fellow clothing reseller:)
I have about 3500 items. I've been using promoted listings off and on but I sell mostly media (cds, cassettes, movies of all types), books, toys, and videogame, and various collectibles. I'm been doing the delete and resell similar but it seems to delete a chunk of the info in my items for some reason when I do it one at a time. I wonder if that way of doing it would keep it from deleting data. It would definitely be worth trying it like that for stuff I don't want to spend the time updating. Thanks for the ideas. I'm getting tired ot paying 10% promoted listings only to still not get the sales. And this way I can pick and choose what to change the prices on. For some items it's better to up the prices on occasion too when they go down too much. I might try it tonight and see if I can get some extra sales.
I think you only pay the 10% if the sale converts.
@@TaylorExchange I know that already .... i'm just saying it's not cheap ... especially since that's on the price, shipping and and taxes too.
@@Aaramlias Just have to weigh out if it’s worth the sale. If you have a lot of low dollar inventory it’s been nice churning more through the store.
I’d say if you have higher end valuable items maybe don’t promote.
@@TaylorExchange I do have a lot of lower end stuff but I have some higher end stuff too in the $20 to $200 + range. I'm always on the hunt for higher end stuff but many time I don't find it so I look for stuff that I don't have to pay much for. I tend to make double my money up to 5 to 10x what I pay for most items unless I can get items cheaper. I do hunt for and learn about higher end items all the time though, I find Ebay doesn't seem to allow me to make much more then $500 CND a week.
@@TaylorExchange I have my promoted listing set to up to 10% and have it set for $6 to $50 or something like that. It doesn't seem to let me check that anymore, I have a feeling it changes my settings every so often though,
Where do you get those boxes for your inventory? Love the vids
Uline, their the 30x8x8 boxes
Thanks!@@TaylorExchange
what depth of shelves do you use?....im looking at getting a storge unit 10x10 and then getting 7ft by 20 inch husky shelves then extended bank boxes or totes...would you do that?.
I tried to maximize space with the shelves and boxes.
I also considered if I would use the shelves for personal use and resale value in the future.
I can’t really say for your situation.
So the moral of 17 min video is to reduce price.
Well that helps but if you watch one of my more recent videos I tested out promotions and had record sales.
Is it better to ReList or simply just reduce the price?
I don’t relist any, just delist and sell similar with a price reduction.
Boycott promoted listings.EBay already makes us poor.
Idk, I’ve made a living thanks for eBay.
I have turned to the dark side since this video has been made.
I now promote 10% on everything 💀
Please Taylor. Which area in TX. Please I ask it because I live in NYC everything very expensive may worth the trap thank you if you busy I hope any one tell me
I source the Dallas area.
Hi. Ever run a sale or use coupons? Thanks!
Not since I learned this strategy.
Won’t this mess up the order of your listings in the sku system?
It is true you cannot sort by start date and have your items in order.
If you un-promoted a listing and it sells after un-promoting it, are you still on the hook to pay ebay the fee?
I couldn’t be for sure but I ran promoted for the first time earlier this year for 4 days and when I changed all the listings back I saw some promoted sales after the fact. You could be locked in for a while until they change those listings.
No real answer but that’s my best guess.
I believe you are on the hook for 30 days from when the buyer first viewed the item if it was promoted at that time. I hope that makes sense.
@@susanhaendel7094 Sounds right.
I stopped promoting entirely and saw no drop in sales. The first week or so may have been slower, but otherwise no change. The views may be lower also, but still converting the same (if not more) sales.
Very nice, 👍
What's your schedule for doing this?
Everyday.
How old are the listings when you start the markdown?
@@susanhaendel7094 30 days
love it
Thanks
Wow someone was being a little cocky at the begaining of their video....dont become one of them....lol....just kidding...but still the same don't become one of them.
Be less of myself, got it 😂
@@TaylorExchange lol....