Duration 32:49

Addressing the 2022 Winter eBay Seller Update and FVF Fee Increase Episode 72 w/ @technsports

22 191 watched
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Published 10 Feb 2022

My Reselling Resources ★ I'm liquidating my eBay inventory on Whatnot: ⭐ Get $10 on WhatNot https://www.whatnot.com/invite/dailyrefinement I'm selling all of my inventory in the boxes that it's stored in. If I gave you value over the years, maybe pick a box and support me into the next transition. ★ Join my Premium Reseller Mentorship($35/month) I host M-F Live Zoom Calls M-F to help you master reselling. We include a FB group to help with accountability and any questions. I run the group w/ 7 Figure top 1,000 reseller @technsports Try it now: https://www.patreon.com/theresellerspodcast If you don't make more money & save time, we'll refund you in full. ★ In the mentorship above, both of us include our exact processes. ★ I outline all of my processes and supplies at http://dailyrefinement.com All my eBay Supplies http://bit.ly/resellersupplies (Affiliate link) ★ YouTube Supplies and Equipment http://bit.ly/resellersupplies ★ Mac Mini M1 (Best Computer Ever) https://amzn.to/3gPUTRV ★ 10' Lightning Cable https://amzn.to/3l2uX5l ★ Rollo Printer https://amzn.to/3l2Lcj2 https://www.rollo.com/?ref=38849 It's slightly cheaper at https://www.rollo.com/?ref=38849 ★ Generic Rollo Labels https://amzn.to/3BTv2Qs ★ Dymo Printer https://amzn.to/3zXYwvW ★ Generic Dymo Labels for Avery https://amzn.to/3njoF58 ★ Small Light Box https://amzn.to/3ggnnjS ★ My Giant 6' Tall Light Box https://amzn.to/3hdtyqs ★ Shoe Cleaning Supplies http://bit.ly/resellersupplies ★ Power Generator for Storage Unit: https://amzn.to/3aEEHy3 ★ Non Stick Poly-bags https://amzn.to/3hiIqpwhttps://ebay.us/TCqjMu ★ Cardboard Shoe Trees https://amzn.to/3hfJyrU ★ Scotty Price Tag Remover https://amzn.to/2EdmA6v ★ Jiffy Steamer https://amzn.to/3hgOexx ★ Metal Husky Shelves I Use: https://amzn.to/34gLlJz ★ My Storage Boxes are 30x8x8 and I got them from Uline.com Free Stuff That Pays Me An Affiliate: ★ Free Robinhood Stock: https://share.robinhood.com/christl3479 ★ $10 When You Start Trading $100 in Crypto: https://www.coinbase.com/join/NGGX11 Cash Back Reward Programs ★ Rakuten $30 https://www.rakuten.com/r/NYCHRI9?eeid=28187/ ★ iBotta: $10 https://ibotta.onelink.me/iUfE/8cc13c64?friend_code=yflwvli ★ BeFrugal: $10 https://www.befrugal.com/rs/CLFEFTC ★ GoCashBack: $5+5% https://www.gocashback.com/r/2052836 ★ Lolli $5 in Bitcoin https://lolli.com/share/63Nf3mLYH2 Public Stores & Resources: ★ eBay Biz Policies https://ebay.to/3l3R1f3 (Must have a Store) ★ Free USPS Shipping Supplies: bit.ly/freeuspssupplies ★ Life Insurance: https://share.policygenius.com/Christopher11 ★ Get $10 for Joining me on Poshmark. Use code: DAILYREFINEMENT ★ Get up to $30 for Joining me on Mercari. https://merc.li/nzk7FPb YouTube Resources: ★ BINGE MY Playlist of My Top Free Tips to Make $1k/Week Selling Online https://bit.ly/2Qc8mVH (For all Levels, Beginners and Expert) ★ Want to support the channel? You can now buy me a beer via PayPal using this link: paypal.me/dailyrefinement I like Pliny the Elder, it's $6. ★ Join/Sponsor My Channel: /channel/UCkq7AY19BnmIsjRK14ePjcg/join $1.99-$4.99 Sponsors the Channel (Thank You!) Most of these links are affiliate links. I get paid a small commission at no additional cost to you. In some cases, it's cheaper to buy through me. Cheers!

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Comments - 176
  • @
    @dailyrefinement2 years ago ⭐ Releasing this episode early to address the eBay Winter Update and increased fees. Notably the. 3% FVF increase and 6% for Very High INAD.
    ... 8
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    @paulinekrebs45012 years ago EBay should also consider their own customer service 20
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    @dragonbricks70862 years ago Biggest problem with eBay is they follow trends instead of create trends. Even you and techsports, both the biggest eBay cheerleaders that I know of, your reactions could be summed up as "finally eBay are doing this and that (while other sites already did those)". ... 21
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    @rickstevenson95852 years ago I’d love for eBay to go after the “premium buyer” versus focusing on growing the platform by adding droves of lowball deadbeat buyers that counteroffer 3 times to drive you down to the lowest price you’ll accept then never pay and tie your items up for 4 days. ... 20
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    @ForbiddenDiary2 years ago Chris, I'm surprised you said nothing about the huge change to the Promoted Listings Standard fee calculation. Currently, the fee is assessed on ONLY the ITEM price. Beginning June 1st, the PLS fee will be assessed on the TOTAL price. So, if I chose 5% as my PLS rate, and my item is $100 with $40 postage and $6 sales tax, today I pay ebay $5.00 (5% x $100 item price). Starting in June, I'll pay ebay $7.30 (5% x 146.00). Sellers who use Promoted Listings Standard really need to be aware of this, because that can cut into a seller's margins pretty quickly.... ... 24
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    @ChiquitaFLeak-zf7ol2 years ago Awesome podcast. Thanks for keeping us informed and helping us grow our business 1
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    @NA-kp1lk2 years ago I had 2 bad reviews over size. Ebay refused to change it even when I clearly had measurements on my descriptions. Now my percentage is lower because of that, yet all other reviews are great. How does a small seller survive not getting thrown off if you do everything you are supposed to do and Ebay still won't support you? ... 4
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    @bethmakowski60362 years ago I just got out of below standard. It took me an year, because I canceled for out of stock. I learned a hard lesson. Now I have a new problem. They are still changing me the 5% fee, even though am a top rated seller. Ebay issue is I had one return in the past 12 months, but it happened right after I became top rated. Ebay said that they would bot charge the 5,% for the next 30 days, but they still are. I need to call them. Update, ebay fixed it and refunded the 5%. Just got someone else on the phone and they took care of it! ... 1
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    @laurahoule61692 years ago I'm stoked about the messaging improvements! 1
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    @thevintageread2 years ago This is so interesting! I pretty much left eBay in 2014 because I wanted to build my brand! It sounds like I timed coming back perfectly! Exciting times! 🙌 2
  • @
    @boyfl532 years ago eBay never processed my payment since nov 28,2021, despite several request , no reply from eBay and remove my item... I CONCLUDE THAT eBay IS A BIG SCAMMER !!! note that I am (100% feedback)a dedicated buy and sell eBay member since nov 2006. I never sold FAKE ITEMS !! ... 2
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    @Mr12JETS2 years ago It's not that bad.I went today to the mall and the owner of the shop said they only had 2 sales that day and it was already 2pm and close at 9pm.They still have to pay rent and the employees.Crazyyyyy! So just think about that for a moment ... 5
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    @thistledowntreasures79902 years ago Appreciate your perspective on new updates. A lot of people are just complaining and not analyzing the why’s or any benefits. 4
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    @OrganicHealer2 years ago Possibly this was a coincidence, but as soon as I changed all of my listings to free return shipping, then I got a few returns that I'm sure were scams. They said an item had a rip, and I have photos that show the item didn't have a tear or problem in the area. I wont allow free returns anymore. Sad ... 4
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    @mrxquisite2 years ago Thanks for your opinion on this update. Great sellers will be able to separate themselves more with this update and not be lumped in with just everyone. I love it. Without casual sellers, we would not have buyers and I'm okay with that, however Bad sellers hurt all sellers. This update will continue the trend of rewarding Great sellers ... 4
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    @tinawiththelakeexchange20932 years ago Just more reasons why I don’t cross list. Can’t take chances of having to cancel an order on eBay. Good info today. Thanks!! 3
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    @pick6trading2 years ago good point. Big challenge to set a threshold for cards for a buyer when calculating shipping cost from 2-4 cards to 5+ 1
  • @
    @misterlonestar2 years ago Everyone getting out I am looking for an alternative 1
  • @
    @TK-4312 years ago There are some content creators who are ranting like crazy over this. Listened to 8 minutes of one guy yelling about this update, and I turned over to this podcast. Some people act like they are in an abusive relationship with eBay, but they refuse to leave the guy who's beating them. If I got that angry over the platform, I'd find somewhere else to be selling. ... 12
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    @morongene2 years ago i bet they didn't fix free returns for combined shipping orders. If one 5 oz item gets returned, i shouldn't be getting charged $12 return shipping. 3
  • @
    @Flip2462 years ago I was below standard for not responding to returns on time while I was on vacation. It took me 6 months but Feb. 20th I should be back up to Top Rated. It's been a grind. 3
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    @thehappyhunter33692 years ago When you started talking about coupons and how much you made off the coupon it exactly expressed how I think ebay is stepping on their own foot - sometimes asking for money and more fees is not the answer to making more money - these fees will just be passed on to customers. I think customer service is important, however I think more people shop on Ebay to find better price, better selection, used goods, unique goods. I think if they reduced their fees (more so and especially on shipping) it could result in greater sales. I think they are headed in the wrong direction. ... 5
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    @clairesuzanne12 years ago I’m so happy about the new messenger system. 1
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    @mariadoeslife40932 years ago Chris, if I get a message (thru eBay, from a customer that is obviously crazy) and I ignore it and block the person, will it negatively affect me with eBay because I did not respond to the customer? 1
  • @
    @yenrab22812 years ago Ebay is dealing with What Not now and if you sell on ebay you are basically representing them like an employee. You should realize this and represent well. It's just like your daily job. 1
  • @
    @generryan55452 years ago Since the topic of eBay messages becoming like Instagram and Facebook, do you think eBay will implement something like chatbot? 1
  • @
    @ResaleDojo2 years ago Is Ebay using WUPHF to blast out those coupons? 2
  • @
    @Ricky-to2me2 years ago How do you guys handle False or inaccurate INAD? I offer free returns for the sole purpose of avoiding false INADs yet I still get false or inaccurate inads. Out of My last 4 returns 2 are doesn’t fit and 2 are inaccurate inads. I’m not a high volume seller and I know this affects me. ... 3
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    @tomdanks34272 years ago My only issue is that the USPS is scanning my orders the next day sometimes two days later 2
  • @
    @PAIDinBLOOD1182 years ago My defect is 4 of 500 items. Is this ok? I'm top rated plus, above standard.
    1 case closed w/o seller resolution. I used to have a 900 listing store with 2k sales then "the incident" happened and I lost it all. I've been trying to build back bigger and better ...
    1
  • @
    @garageworker2 years ago So eBay is changing into etsy? I'm ok with that, but I hope they allow us to start and manage several different stores from a single sign in. It would be nice to break out my main sales channels into branded stores if they really are going to push the sellers more. ... 2
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    @morongene2 years ago if they fix best offer unpaid buyer problems, they might as well make best offer standard on every listing. 2
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    @kyledigiorgio65162 years ago Man you guys rock!! In such an independent world like eBay to hear the thoughts of people that are where I want to be is such a blessing. An email so many probably thought was insignificant. To be able to be a fly on the wall during this call is awesome. Thank you for what you do. It make it so much more realistic that I can be where you guys are. And I say that as humbly as possible I am brand new to eBay. ... 5
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    @travisrusko2 years ago I have a question, but first here is a little bit of an explanation.
    I strive to respond to messages as soon as I get them and ship my items within one business day. And I have 180 reviews and 100% positive feedback. However, I've recently started putting items on my store that are presales. eBay allows this as long as you can ship the item within 30 days.
    I always state clearly that they are presales and I adjust the handling time based on when the presale is supposed to ship to me. However, I've recently run into issues with the items being stuck at the manufacturers due to manufacturing delays.
    In every case, I updated my buyers along the way with detailed info on the status of the item as well as screen shots with my updated delivery estimates from my suppliers. My buyers have been great about this and really appreciate the communication concerning their ship dates slipping.
    So my question is this. If I am keeping my buyers updated and maybe even reaching out to eBay when this happens, can I still maintain an Above Standard rating for my account? Or am I risking destroying everything?
    ...
    1
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    @74bowtie2 years ago You mentioned you are not a fan of the instant payment on a best offer and you can wait untill friday to receive your money, They are paying with a credit card so they can pay you now and pay the credit card bill later its not going to hurt them and have to wait for their paycheck to get your part. ... 2
  • @
    @gullsound2 years ago I'm really happy with the UK update.
    • Fixed FVF (£0.30) refund when buyer cancels
    • Prorated FVF refund when giving a partial refund
    • Leave feedback automatically for free (previously part of Selling Manager Pro)
    • Relist auction items for free
    • Opt-in 15% + 5p FVF for low-cost item sellers
    ...
    1
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    @KenVanTassell2 years ago I am a very small part time reseller. I am top rated and strive to maintain top rated. I cannot even imagine falling to below standard. If you can't even maintain standard should you even be allowed to stay on the site??? ... 3
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    @arenavisionTV2 years ago Chris, I talked to you about messages between buyers and sellers a few weeks ago and you said less communication with the buyer. Are you pro messaging or against? I'm confused. Thank you 1
  • @
    @mackjsf232 years ago @tech they already have "curated feeds" I see this on desktop but not mobile app.
  • @
    @sstobbe18172 years ago Since many years now, eBay focusses only on one thing and one thing only: how THEY can make more money, no matter what, for their stockholders. eBay doesn't care about the customer (seller or reseller). Too bad, as focus on customers will last the longest in any business. ... 2
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    @JaysEndeavors2 years ago Some of my messages are lowball "what's your lowest dollar" offers and bots. So obviously, I should continue to go back and forth with low-ball offers? 1
  • @
    @soulshinobi2 years ago "The bubbles is insane!" -Chris 1
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    @DaStore-612 years ago Sounds like y'all have bought into eBay. We are the seller, without us there is no eBay, are so we thought. It should not making harder for us. 6
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    @MakerUSA2 years ago I don't agree with this notion that the sellers are setting all the rules, you are assuming the shipping and handling time is the only criteria. I have buyers raise issues when there are none, and I have little to no recourse to challenge a negative case that has no real cause. ... 2
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    @Draintheswamp20242 years ago They make more money not allowing combine shipping i bet when you refund shipping cost you get dinged by uncle algo 6
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    @masonmclain37242 years ago Still making profit!!! Time to CULL the HEARD. 1
  • @
    @jjrockbottomdeals2 years ago Could it be that WhatNot is giving them a run for their money? Sellers and buyers are migrating, not 100% granted, but... 4
  • @
    @chrdie352 years ago How do I avoid being the weakest link when I am just getting started? 1
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    @STORM-bf1xy2 years ago My sales are dead lately. I’m top rated, 100% positive feedback, items specifics almost completed, 10+ photos, 1 day handling and free returns. Not sure what I’m doing wrong. Maybe prices set too high but best offer would fix that and I have that. I’d appreciate any tips. Thank you ... 1
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    @Yazzie1012 years ago The issue is promoted listing fees on total purchase including tax and shipping! This is insane and for some sellers the fees will double !! Also emails going out to advertise refunds… who does that 🤷🏻‍♀️ there is no reward for top rated sellers! It’s why people are diversifying to other platforms .. selling is simple but eBay is making it hard!!!! Money grabbing changes! Top rated sellers are eBays reputation in a positive so why not take care of top rated🤷🏻‍♀️ ... 1
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    @nikelpikleger97542 years ago Don't know if this "advice" is worth anything but from a consumer standpoint, if at the end of each of these types of videos you cut in a quick blurb about what specific topics people are missing out on (in that specific episode) by not joining the patreon or the mentorship group, it might drive more people to join? Just a thought. ... 1
  • @
    @WellnessWizdom2 years ago Bad sellers are punished with a 1% increase. Good sellers are rewarded with a .3% increase lol. 11
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    @themadman4492 years ago This is great news I been a long time seller of ebay and I hate evilbay there greedy. If you look at other sites are getting more traffic loads of people are leaving ebay. This will lose them even more users I think ebay is losing great news. Thanks guys 👦 ... 3
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    @pictureperfectplaces87662 years ago wait are people not gonna be allowed to pay later?!?! 1
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    @therealjenniferrr2 years ago I actually didn't think the seller update was that bad, yes I read all of it. lol I expected fees to go up and the 30 cent fixed fee being refundable to sellers shows that eBay is willing to meet us part way and acknowledge that buyer cancelations are not our fault, esp if they want us to agree to cancelations. They further show they are supporting good sellers by making stores more prominent and if you are a good seller then you should have excellent feedback and their changes should only help you, not harm you. All I can say to those whining is: Get Gud. ... 2
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    @jdnetwork-reselling2 years ago They are increasing you fvf ? They lowered ours here in the U.K. for all orders under £10 1
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    @klaismith87472 years ago 28 customer inquiries in 7 mins... c'mon guys... takes you 15 seconds for each customer inquiry??? Most sellers, while they will have refined procedures and systems, are not going to realistically be taking 15 seconds to respond to every customer. ... 1
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    @SamuraiEAC2 years ago Every time I hear "tech n sports" I only hear "Tekken sports". Haha 2
  • @
    @realcorkdan2 years ago ebay is old man … they need to weed out poor buyers and sellers 1
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    @utubestalker.dotcom2 years ago I think you think too much about why eBay do this or that. eBay just allowing anyone to save seller after buying from them that's all
  • @
    @nikelpikleger97542 years ago they probably released the info 16 hours later because of your "could have been an email" feedback lol 1
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    @KP-AC2 years ago I love eBay and have sold about 10k a year the past couple years. I am above standard in every category but they are just pushing the fees too far. .35% every year is getting too far. Why don’t they ever have rewards for great sellers? Eg no FVF on your next 5 sales when you hit certain milestones. 10k sales 20k sales. I mostly sell sports cards. I’m not a “store owner” but I just wish they’d show some appreciation for sellers other than .35% increase. ... 7
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    @Dave-zl2ky2 years ago Weak sellers? Or just another way to add additional fees? eBay is now banking on revenues from their payment system for any increases in the next 2-3 years. 1
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    @KP-AC2 years ago When you guys are taking about the messages, I am a really open and friendly seller. Will talk all day. But I am so sick of responding to “what’s the lowest price?” I have offers on. That’s my lowest. Why should we be penalized for these messages that waste all of our time?! ... 3
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    @Mr-Flo2 years ago eBay is getting to be a joke. Higher fees, low life thug buyers, law ball Buyers, very few peaple compared to amazon and the spending limit also low on eBay.
    They increase prices ; seller increase prices -> low ballers don’t buy.
    ...
    4
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    @ihaveanidea69302 years ago Well I've never really commented on much but I guess my earlier comment was to crass for this community. But I stand by the fact that ebay has fostered a terrible buyer pool. They need to set simple straight forward rules for buyers to follow, not let buyers run all over small sellers. You can call small sellers weak all you want, if you want to be mega power sellers go to Amazon it's set up for that. You guys sound like a paid ebay promoter and its really sad. Because I've gleaned a lot from you over the years and thought 10k on the bay was cute & cool. I've been reselling a long time, I've seen people killed by bad or Karen buyers. I can agree the evil china sellers and drop shippers can take a hike, but you have to consider the small honest sellers, who's account can be literally ruined by a run of spoiled lier buyers who are used to playing Ebay's system for a refund. ... 1
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    @Draintheswamp20242 years ago Last week I put paid promotion on every listing the exact recommended amount and today I looked and now I am more than .30 under suggested and the other day I seen two different suggested rates of a cd they were both CDs how can they be 3.5% different. I think the algo has different suggested rates that are different each day, computers are stupid and so is a socialist program there is nothing capitalist about their site ... 2