Fair enough

How do you check for supply vs demand how do you figure that out using eBay?

@@Edgedable "Completed listings" and "sold listings" and average active listing prices.

@@Ralphfili yep, I’m fully aware of the sold/completed feature but how do you use that to calculate the supply “and” the demand🤔🤔

100%! Completed listings advanced search baby

Exactly this. If i want something from a chinese Manufacturor i can go to Aliexpress etc...

Yep. eBay has almost completely lost what it started out as. I used to be able to find almost anything on eBay. Now it just isn't worth selling the small stuff there. No good for sellers. No good for buyers

Even more annoying when the manufacturers are forcing it on customers. I know Funko has teamed up with eBay to be a sales platform and as a buyer, I'm just confused; why would I shop there for a new product? eBay is for USED goods! That's what they are known for, and no, that ain't gonna change anytime soon!

The main problem with eBay is that they don't really look out for buyers or sellers. They also don't fit the current expectation for customers anymore. For example, people are now used to 24/7 customer service, refunding for about anything, etc. Which eBay cannot compensate due to the sellers being in control. As a large seller, I was constantly dealing with people panicking if you don't respond within a few hours, opening cases, etc. Very entitled, expecting refunds over anything. Then, these cases lead to defects on your seller profile. It becomes a not-so-fun numbers game, dealing with being abused by buyers over anything, people lying for gain, dealing with time consuming disputes, and having to eat large cost out of pocket. Amazon on the other-hand protects their sellers and reimburses them for instances like this. eBay also allows trash products to be sold on their platform without recourse. Yes, Amazon certainly allows this too, and is worse at times (que Louis Rossman). The big difference is that with bad products on Amazon, they'll end up with a 2-3 star rating and stop being sold. You got pictures, individual experiences, etc. A listing itself grows in popularity and is a huge weighing factor for the product. On the other-hand, eBay allows you to spam thousands of duplicate listings, and actually encourages it with their algorithm, filling their platform with non-sense replicated products. Its technically against their TOS, but they don't care. Opposite to Amazon, eBay listings don't have traditional reviews, just reviews for the seller, so therefore you really don't know if what they're selling is any good. You're just taking a gamble, and it makes the experience feel allot less personal and risky. Yes Amazon has its issues here too, but its much better. A great place to look at the issues with this is gaming PC's, look at Gaming PC's on Amazon VS eBay. eBay thrives on trash, Amazon, even with their shortcomings, is miles ahead in accountability.

Exactly!

You are totally correct. These things don't just happen overnight....it's a ripple effect that many executives do not understand until its too late. There were negative choices made as long as a decade ago, and many other policies made which set the wheels turning to what is happening today.

They need to stop banning sellers for no reason 😒

Truly amazing they can piss off both sellers and users in equal amounts of rage.

Yeah, the money back guarantee is not worthless for buyers. I've had it used against me as a seller (unjustly), and I've used it to my benefit as a buyer. In my experience it works well enough. Everything else about eBay sucks though

Because eBay charges a percentage of around 15% for final sale price + buyer shipping costs + sales tax buyer pays. So, depending on where the seller lives, you may lose even more money.

100% The seller fees force you into a situation of low profit or high asking price. Trying to communicate in person with the person on the other side of the sale is impossible. Arranging a viewing before purchase is also impossible.

I sell on ebay my self and i left the similiar comment. Wish you luck

@@wonderingAroundtoNoWhere in my opinion it's getting a little out of control. Hope they pick up for as well 🙏

Oh yes promoted listing - Stopped using them, I sold next to nothing in a 6 months, started using it again - Sales are up....

And here I thought that the fees that you pay to Amazon are not justified. I am a full time Ebay seller, I took all my items off of Amazon because I was tired of the high fees for nothing. Its a race to a penny on the price and then they want 50% of that penny, for what? For taking more of my items offline because of new restrictions on what I can and cant sell? No thanks. I did $110k in sales on Ebay in 2023 and expect to do $125k this year at the very least. My costs, with shipping average around 20%, which is far less than what I would see on Amazon. Plus, I just dont like Amazons business practices at all and that was another driving factor in leaving the selling side of things and not using them to purchase items from.

@@Boatright How can any individual seller create and maintain a website like ebay? To be able to move from country to country, buy from a single account, have delivered to different countries directly ... it's not perfect yet it is a pretty incredible service.

The biggest problem is that they charge a final value fee on the shipping price, too. I know that this was to avoid items selling for .99 cents with $10 shipping, but they should offer a final value fee credit for the actual shipping when you use their shipping labels. Once they are scanned at the post office, the label is considered "sold", and that's when you'd get the credit on your account.

This is what inevitably happens when sellers engage in widespread fraud on shipping fees. Why yes, a 1/2 pound PCI card costs $97 to ship to the next state. @@mchenrynick

Amazon charges me 50% FBA fees for a $13 item that weighs 3 ounces.

outrageous @@granjmy

I use to have good margins then ebay got greedy and charged fees on shipping too. Paypal also changed for refunds and ebay offered free returns and paypal offered 180+ day disputes and fraud increased.

Thanks US government for letting Chinese dealers ship for $1 from across the planet but I can't send the same box one state over for less than 10-20

@@Nope_handlesaretrash Yes i blame USPS for this because they stopped shipping via ships (instead of only air freight). And gone were the days where cheap 2nd hand buys were possible from people overseas. When living in Thailand i bought lots of stuff from the US. China instead they do bulk shipping and order combination and then repackage it in the USA. Still not $1 (they lose on each order) but with statistics in their favor.

China heavily subsidizes their international postal delivery services. We here in the US talk about privatizing the postal service to make it a profit center. This would basically put most small businesses out of business. Support the USPS!🇺🇲📬💌

The post office where I live is full of idiots, at least 2 or 3 times a week I get my neighbors mail or somebody else's mail from across town, then I have to sort through it and deliver etc.... , Not to mention my mail gets miss delivered all the time or sometimes the post person is just to lazy to get out of his vehicle and leave the package on the doorstep, sometimes I wonder why I'm not on the post office payroll as I'm doing a lot of work for them.

@@markpfeifer1402 insult to injury America subsidizes Chinese shipping thanks to a very old postal treaty and China claiming to still be a developing economy.

Yeah, me too. But mostly the stuff Amazon sells is some switcheroo or DOA or they don't give me credit for a fucking return!

Nice thing with eBay is it is pretty obvious when the seller is a scammer unlike scamazon.

@@computersales Exactly. It’s harder to be “faceless” on eBay as a seller…and there’s no game of them trying to pretend they’re “official sellers” because it’s all based on actual feedback.

eBay is for specific things, the buyer has to know what they are looking for in advance to get the best out of ebay.

I'm biased but if you like collecting games search for "Gameroom Lincoln, NE". They have a pretty good selection and sell online. I believe even some pretty good sized video game channels recommend them as well.

That's what i like Ebay. You get what you see.

No doubt the one off thing is what it’s best at, the issue is that’s not a profitable model, especially when you factor in enhanced efforts to protect from scams

True! I bought a ton of server equipment at great prices. This video has some pretty big oversights. Scams and low quality products are so prevalent on Amazon that they must seem invisible to him.

@avsync-live Especially as the Amazon model implicitly encourages them

@@nuvotion-live The difference is if you go to a major seller fulfilled by Amazon you're extremely unlikely to get scammed.

Yes I think a lot of such resale companies will just log on eBay for the market share even if they sell on other places too, I know there's some rights idiots on Facebook mkt place lol

@@Demopans5990 Yes. I received an item bought on Amazon and it came with a card that basically offered a refund (Amazon credit worth more than the sale price) if I showed them proof of me leaving a positive review. I posted a review with my honest opinion of the product (3 or 4 stars IIRC) but I included a pic of the card and stated that the seller is bribing customers for good reviews... Amazon rejected my review because I "talked about the packaging, not the product".

Really? 😮

@honor9lite1337 Yeah, cause on Amazon you are not allowed to sell a lot of different things. New sellers are 🔐 locked out of certain brands & categories, and you are required to provide manufacturers invoices upon demand from Amazon. Most small sellers don't buy directly from the manufacturer. We buy clearance from retailers. So you're constantly worried that Amazon is going to freeze your account and demand those invoices. Also Amazon studies what sells best and if they see something that consistently sells well they will come out with their own version and put that item in the buy box. Bidding on the buy box is another whole hairy deal on its own. You end up with a very small profit per item and are supposed to make that up by selling a tremendous amount of items very quickly then reinvesting in the next item. One wrong purchase and you may end up stuck with useless inventory and if it doesn't sell quickly enough Amazon charges storage fees or a. 50 fee per item to return it to you. A small seller who isn't wise can quickly end up in debt or with their account frozen.

@@honor9lite1337 Yes. You have to apply to Amazon to sell. They reject a lot of people. With Ebay, anyone with a credit card can sell.

Fair enough

I agree. Back in the 1990s I sold a dedicated chess hardware computer, which only plays chess (chess is my bag) on eBay that you cannot find anywhere on Amazon since it was discontinued. So yeah as a one-off niche sale eBay is still relevant, but that's like 1% of most people's annual shopping.

Hmm.. Interesting 😮

Even without AWS, Amazon was still the leading online retailer. They pioneered the affiliate program, created the category tabs interface, made popular free shipping, kindle eBooks, and so on.

80% of their profit, not their revenue

And as an IT'ler all the crazy shit is happening at AWS. Serverless programming means the more servers you add the more serverless you become. And each one takes money and more money.

That's true for most vintage and collectable items.

I’m honestly not sure I agree with that. I’ve had more issues with products from Amazon than eBay over the years

Pretty much Amazon fucks the seller I tried to sell on Amazon but after reading and making reaserch. Amazon fucks the sellers even more than Ebay does. That amazon return guarantee someone has to take the hit. Also Amazon is a place where people go and dump big inventory supplies and are known to dump the market lets say for example of collectibles.

Depends. eBay is vastly more reliable than Amazon for buying physical copies of video games and physical media. I just got sent a region 2 version of a game that was listed on Amazon as region 1. For some dumb ass reason, the search results for games on Amazon is spammed with region 2 pegi versions.

Amazon has become pretty well known for counterfeit merchandise.@@TheCompyshop

Depends on what you are buying on eBay. I would never buy new stuff on eBay. I would never buy no name brands on eBay or Amazon. Getting scammed on eBay on used stuff is less common unless you are bad at buying on eBay.

Not to mention that Craigslist just isn't a thing here

Agree, I buy sculpting supplies which are like 60% more expensive on Amazon than eBay.

He's talking about the stock price, not eBay's utility. When it comes to being an online flea market, eBay is still king in America as well.

That's why I stopped selling. I can sell stuff locally for a lot less and pocket the same.

😂well, we used to sell items for a buck and 40-50 dollars postage. Needless to say, eBay got tired of that and started charging fees on postage as well.

Cheeky

Yep, Best Buy and Walmart are def trying to compete with Amazon nowadays with their push for fast delivery. But yeah, it is disappointing that they have yet to offer the full package.

Sorry to hear that man

@@LogicallyAnswered thanks dude. They forced me onto other platforms which ended up boosting my overall revenue. My gain and their loss. They have too many idiots working for them and never investigate properly. They just enforce a punitive action because it's a button click away and the easiest thing to do

That’s interesting because you hear a lot of stories about sellers getting wrongly banned or downgraded on Amazon, I didn’t know it was happening on eBay too.

It's also just about the only place for sellers of these odd items to move them.

The fee rate and cancellation policy is easy to find, but everyone gets a shock the first time you sell something. I'm surprised you got a refund.

But why a fee so big for basically no service, when everyone else gives a good service and most of them dont ask for a fee to the seller?@@smhanov

Where does the product itself lack?

Yes. Especially Poshmark. Poshmark is starting to dominate the high end reseller market.

Think you need to edit your comment ✌🏻you meant eBay not Amazon.

I agree Amazon prices are always more expensive because a lot of sellers on there are doing retail arbitrage

@@la6136 Yes, but the sold and shipped by Amazon items are frequently overpriced as well. There is rarely a good reason to buy from a third party seller who is arbing Costco merch or the like.

Ah, didn’t realize that

You pay sales tax for a used car. Officially, it is not a sales tax but a transaction tax.

I understand what you are referring to. However, Ebay has called it sales tax. I sold an item on there and I was charged the tax and so was the buyer. They seem to be dipping 2x on each purchase/sale. Not to mention I had to pay listing fee, % of the total sale, and Paypal transaction fee on top of that (like it always has been). So with all the fees/taxes, my total for the sale was a little less than half the total final winning bid. @@johnl2727

Lots of cities now have either banned putting up garage sale signs, or they make you pay a fee to the city to do so. For some cities it's pure greed, for others it's virtue signaling about how they are "cleaning up the city." All bullshit either way.

Thank you as always Balpreet!

I sell on ebay my self in UK. it is true fees are about 35% plus postage. and recently it was not enough so ebay increased them

Thanks for being early Jaybee!

@@LogicallyAnswered Oh wow! You actually reply to comments!!! Thanks!

Spot on, same in UK.

What the video doesn't take into account is that eBay has 5x the market cap of other used good resellers (Depop, whatnot, StockX, PWCC,etc.) eBay's competitors are too small to be criticized.

Yikes!

Same

this is why I stopped selling, the fees are way too high, profit is too small for it to be worth it.

If the item shows delivered eBay automatically backs the seller. I have been selling on eBay since 1999.

@@ManMountainMetals both buyers claimed they never signed for and received the item. They were only cheap items so it wasn’t worth my time and effort to keep fighting it. EBay just gave them back their money and as I said above I was incensed as one of them posted the item they said they didn’t receive from me up for sale. When I messaged the seller about the item she then claimed I was not to contact her as she had cancer??? It was a depressing and pointless experience, no wonder they’re dying on their arse.

@urbanyeti5233 As an eBay seller since 1999, I have had my share of problem customers, and I am familiar with the process. Ebay would have refunded both you and the customer had you simply presented the tracking number. I don't understand why you would pay for signature required shipping on a cheap item because it costs an extra 5 to 6 dollars. It is literally one click to submit the tracking number, and if the package shows delivered, you would have been covered. It's really just that simple. I am sorry that you got problem customers right from the start like that, and I sympathize with your frustration. As for eBay dying, well despite Marketplace, Esty and numerous others entering the fray eBay has held steady and not lost a significant amount of market share. I would not give a lot of credibility to the views represented in this video made by someone who doesn't make a living selling on eBay.

I’m getting so tired of Amazon pushing nonsense items at me in my search results. It takes forever to scroll results because a third of each page are sponsored or unrelated results. This seems to be a recent problem.