Is eBay's Fixation with Enthusiast Buyers Paying Off?

Aug 2, 2023 · Is eBay's Fixation with Enthusiast Buyers Paying Off? by: alaska : Thu Aug 3 00:30:00 2023: The only way to increase the number of "high value" buyers is to lower the selling fees to 5% which will bring back the "high value" sellers which in turn will bring back the "high …

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Is EBay's Fixation With Enthusiast Buyers Paying Off?

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Etsy And EBay Escape The Worst Of The Ecommerce Downturn

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Nov 4, 2022 · The strategy seems to be paying off: Although eBay’s revenues fell by 5% to $2.4 billion in Q3, they were higher than analysts expected. CEO Jamie Iannone said the company …

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Sales Down About 75% From Last Year At This Time. : R/Ebay - Reddit

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last year was the worst year for sales I have ever had on ebay, my sales was down at least 80% from the previous year, didn't even sale enough to get a 1099k which has never happened …

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What’s Behind EBay’s Strategy Of Targeting Enthusiast Buyers?

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Nov 22, 2022 · They spend 9 times more than the average non-enthusiast buyers. They shop 30 different days each year on average. They spend $3,000 per year. The increase their “spend …

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Ebay Buyers Get More And More Entitled Every Year... - Reddit

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-You don't fully know the condition of the item and it could be damaged when shipped. In that case, the buyer could be committing return fraud, but you can't prove it. Treat it like it's a $7.50 …

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Kind Of Messed Up That EBay Calculates Our Fee Including The

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Sales tax isn't a value. So stop comparing it to a credit card charging 3% to process money. That money is the same if it's tax or not. ALl they see is a total amount. And they deserve to be paid …

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FAQs about Is eBay's Fixation with Enthusiast Buyers Paying Off? Coupon?

What happens if you win on eBay?

Once you win, the funds should be automatically withdrawn. EBay has favored buyers for a long time now, when it's sellers that generate their revenue. Starting with changing the feedback structure, where you can't leave a buyer a negative. Many non paying bidders also know you'll simply cancel the item and move on. ...

What is a 'enthusiast' on eBay?

That, in a nutshell, is the business case behind the “enthusiast” focus. In Q2 of this year, of the 132 million buyers on Ebay, 16 million qualified as enthusiasts (defined as someone with at least six purchases a year and annual spend of $800 or higher). ...

How many eBay enthusiast buyers are there?

Jay said there were 19 million enthusiast buyers - and she said they drove 71% of eBay GMV. During Iannone's Investor Day presentation last year, he touted the benefit of focusing on enthusiast buyers, stating in part: "When a buyer shops in their favorite category, they go on to discover we have so much more to offer. ...

Will eBay lose sellers?

eBay will lose sellers as you say, meaning less items available for sale, meaning less satisfied buyers, meaning eventual declining profits.. only bc they wanted to increase profit in the short term. oh, I wanted to speak to this. ...

How much do enthusiast buyers spend on eBay?

They spend 9 times more than the average non-enthusiast buyers. They shop 30 different days each year on average. They spend $3,000 per year. The increase their “spend and purchase days” by 50% after the first year on eBay. The average enthusiast buyer has been on eBay for about 12 years. There are 4 main categories of enthusiast buyers: ...

What happens if eBay doesn't pay?

Under the current model, wait four days, file, Ebay steps in and all they do is take action, but if they don't pay, you're still out the $$ and start over. If they had accounts on file for everyone, it would stop all of that-you bid, you own on.. No more messaging two days later "sorry, wrong size, need to cancel. My bad" ...