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Has Anyone Used The Ebay Promoted Listings Service?

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Zurie's Avatar
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 Posted 02/16/2019  1:42 pm Show Profile   Check Zurie's eBay Listings Bookmark this topic Add Zurie to your friends list Get a Link to this Message Number of Subscribers
I'm not sure how long this has been available for coins, but has anyone had any success with this approach? I guess it would be hard to tell whether it helped unless your sales volume goes up significantly.
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 Posted 02/16/2019  1:50 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
Watching, as I'm also curious if it's worth listing with this option.
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GrapeCollects's Avatar
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 Posted 02/16/2019  2:38 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I've used it for certain low-value Lots such as Wheat penny rolls and such and it's not completely unreasonable I did see what you see an increase in sales
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 Posted 02/16/2019  2:59 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I 100 percent refuse to use it. It is one of the things that is responsible for the fakes getting more and more attention on there. As a seller you're already paying for listings, you shouldn't have to pay again to make sure it isn't buried at the bottom. I'll stop selling there before they ever get a dime from me with the promoted listings. Coins already have tight spreads, unless of course it's a fake then it's really easy to kick 20 percent or more back at the promoted listing and have it at the top of every search
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 Posted 02/16/2019  3:15 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I understand baseball 21, the only reason I used it is what I'm selling a low-value coins from that I pulled from circulation it's easier to do so when I'm only having a $0.01 investment to put that up there and then you risk losing a couple more sense to get more attention from my perspective selling low value coins using low percentage promoted listings is actually a valuable thing for me. It increases my sales gets better attention not only for that item but for other items on my ebay store. My Boston had time for somebody comes looking for one item and ends up buying a bigger value item because they saw the promoted listing. But to each his own
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 Posted 02/16/2019  4:14 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply

Quote:
As a seller you're already paying for listings, you shouldn't have to pay again to make sure it isn't buried at the bottom.


I agree entirely with that sentiment. But if the reality is you can get more eyes on your items and perhaps get faster sales or even a higher price for your item, then maybe it's worth the added cost. The final sale price of similar coins on ebay is so variable that getting more views might get you the one buyer who will pay your BIN price. I don't know, I'm just wondering if it's worth a try.
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 Posted 02/16/2019  4:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
But if the reality is you can get more eyes on your items and perhaps get faster sales or even a higher price for your item, then maybe it's worth the added cost.


The big draw to ebay as a seller is the lower fees than elsewhere. Even if the promoted fee cancels itself out with a slightly higher price if you have to pay 5/10% to promote your listing and get eyes on it you're paying higher fees than you would to an auction house.

If you're going to pay auction house prices than you might as well sell through an auction house where they will do the work for the listings, you don't have to deal with returns, don't have to deal with charge backs, don't have to deal with unreasonable buyers, don't have to worry about getting scammed etc.

There's only certain niches where they do considerably better on ebay than the auction houses, everything else if the fee is close I would rather someone else deal with the headaches that some buyers can be.

My frustration with ebay is that they seem to like to shoot themselves in the foot with some of these policies. They had a great idea, then they decided to start hiding listings/only showing them to certain parts of the country, now they want you to pay twice to get your listing seen. They'll keep doing it and adding fees as long as people go along with it, but the reality is that if you have to do free shipping and pay a promotional price there are several other auction houses with lower fees at that point.
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