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"Completely out of business into liquidation now part 3" Topic


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1,970 hits since 7 Jun 2016
©1994-2017 Bill Armintrout
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napthyme Sponsoring Member of TMP07 Jun 2016 1:21 p.m. PST

These days there are more bills then there are sales. Have a look around the store and see what is left and send me an offer here. I can't afford to give ebay a big cut and give a great discount at the same time, so it is to your advantage to buy direct via TMP.

auction

I have plenty of room to store this stuff, but no money to pay bills so please send reasonable offers with this in mind. I still have half a warehouse full of stuff to try and get rid of since Ebay can't be bothered any more.

I can ship international, shipping will be figured by your location.

contact me at hintzjim at hot mail, or PM me here.

Can do paypal, or check/MO here in the US.

RavenscraftCybernetics Inactive Member07 Jun 2016 3:21 p.m. PST

doesnt offering this stuff off site violate your agreement with ebay?

napthyme Sponsoring Member of TMP07 Jun 2016 5:36 p.m. PST

If I can not afford to pay there fees this month what difference does it matter anyway?

RavenscraftCybernetics Inactive Member07 Jun 2016 8:13 p.m. PST

to keep things "above board" close your ebay store, then offer the items for sale here.
by contract, you owe ebay those fees because you used their resources to offer the items to the public.
why expose yourself to unnecessary harassment?

79thPA Supporting Member of TMP07 Jun 2016 8:13 p.m. PST

I don't know what that stuff goes for, but if none of it is selling, isn't that an indication that it is priced too high?

napthyme Sponsoring Member of TMP08 Jun 2016 12:05 a.m. PST

Ebay has had a year to fix there issues and have done nothing. Its right in there user agreement that they have no responsibility to show your listings anywhere. So who is cheating who?

If having a sale was the solution I would not have any problems now. Been using there extra promotions tools for the last 9 months with maybe 20 additional sales.

Winston Smith Supporting Member of TMP08 Jun 2016 4:57 a.m. PST

What are these "issues" you just mentioned?
I don't recall you bringing up any before.

bbriarcliffe Inactive Member08 Jun 2016 6:51 a.m. PST

DELETED

jsans73 Inactive Member08 Jun 2016 8:15 a.m. PST

have you tried selling this stuff via facebook specific groups, ive had great success doing similar?

Personal logo Extra Crispy Sponsoring Member of TMP08 Jun 2016 8:19 a.m. PST

There are liquidators that will buy up your entire stok. Sure, pennies on the dollar but you'd be done and could go about moving on to whatever comes next for you….

Puster Supporting Member of TMP08 Jun 2016 8:26 a.m. PST

I am quite sure you can sell items on other places, too – they hardly can enforce an "ebay exclusive" policy, and many companies sell on ebay AND in their own shops – you just have to make sure that when somebody buys them at ebay, you still have these items, so removing them asap after other sales from their site is mandatory.

That said – lots of interesting stuff in there, though none of my main interest (Renaissance 28mm), and postage & import VAT will usually more then kill off all savings when buying from over the pond. Sorry for you.

Personal logo Cyrus the Great Supporting Member of TMP08 Jun 2016 9:01 a.m. PST

Warmachine/ Hordes are releasing new editions. You won't be able to give away the books and depending on how the units might be reconfigured, the miniatures as well. My local game store has a table full sitting there at a hefty discount with no action.

Personal logo The Beast Rampant Supporting Member of TMP08 Jun 2016 9:38 a.m. PST

There are liquidators that will buy up your entire stok. Sure, pennies on the dollar but you'd be done and could go about moving on to whatever comes next for you….

Precisely as I was thinking.

Personal logo Doctor X Supporting Member of TMP08 Jun 2016 10:20 a.m. PST

Having specialized in selling excess/obsolete inventory for a number of years in multiple industries (including FLGS and collectors) I decided to spot check some of your prices.

If you want to move this inventory you need to lower your prices dramatically. I found many items priced same or lower on every day websites. So what is the incentive to buy from you?

If this was my inventory I would have those eBay prices cut in at least half to move the items. Even then you might not get a lot of bites. At some point you throw it out at 99 cents and let the market decide how much they are worth.

As much as it hurts, at this point come to terms with having to accept a loss of at least half your cost on these items, if not more. You have been at this awhile and your inventory hasn't moved because its stale or items of very low interest. Price them accordingly if you want to sell them.

Ebay reaches a worldwide audience of people you don't even know are out there. For gaming items its probably your best initial shotgun approach. Social media groups would be another. Offer them to a FLGS or online retailer at half of reseller cost. Final resort, go to a liquidator.

Buff Orpington Inactive Member08 Jun 2016 11:52 a.m. PST

$45 USD for 3 metal LOTR orcs, way outside my budget.

nevinsrip Sponsoring Member of TMP08 Jun 2016 1:12 p.m. PST

I looked at your LOTR prices and can see why nothing moves.

napthyme Sponsoring Member of TMP08 Jun 2016 2:23 p.m. PST

I had not dragged up all the issues with ebay's problems simply because it was not relevant here, but since you asked.

One year ago this month ebay sales tanked by 50%. I have done my best to hang on until they could get there crap together and fix there site issues, traffic issues, google issues, ect. Its gotten even worse and I am now out of options.

I see in the forums where sellers with 7,500 different items have no sales what so ever for 3 weeks. That can't all be blamed on prices, item category, ect. That has to be a failure on the part of the host site.

I have tried to branch out to other selling platforms. Etsy has practically died since they made changes in April. Mercari took 3 months before I could get my first sale in May. Facebook has given me zero sales ever.

I have tried to post sale listings here in the market place and the results have been zero lately after spending hours of work to do so.

I just looked at my last ebay invoice and the fees percentage on sales is now at 37.75% which is way more the it has ever been. No wonder I am going broke.

Sales for the last 3 days was about $60 USD, who is playing bills with that? Certainly not the ebay store fees at $400 USD+/month.

Oh and selling $100 USDK of stock to a liquidator for $1,000 USD would be about as useless as ebay. Might as well just trade it all for a gun with one bullet and be done with everything. It would make a much sense.

There is no options left. This either works or it does not. My health allows for nothing else these days.

nevinsrip Sponsoring Member of TMP08 Jun 2016 5:10 p.m. PST

100K of stock? How do you figure? Items are worth only what someone is willing to pay for it. Nothing more.
I looked at your LOTR stock months ago when this first came up. Nothing has changed. Your prices are still way too high.
And nothing moved.
Ebay just lists products. If the product doesn't seel it's because the price is too high, or there is simply no demand for the item. Either way it's not Ebay's fault.

Good luck with your health issues.

Winston Smith Supporting Member of TMP08 Jun 2016 5:57 p.m. PST

You are blaming eBay for what I see are imaginary issues. You are not selling things, for one reason and one reason only. Your prices are ridiculously high.

jtipp6808 Jun 2016 8:58 p.m. PST

Lather, rinse, repeat.

Personal logo PrivateSnafu Supporting Member of TMP08 Jun 2016 10:41 p.m. PST

I think in spite of the difficulty you will need to put some work into this. Grab the bootstraps and get going.

You have lots of miniatures you could sell here on the marketplace. Put some lots together. You have Maulifaux, Demonworld, Battletech, etc. You have stuff. You could put together lots of say $50 USD-150 bucks and get some bites.

napthyme Sponsoring Member of TMP08 Jun 2016 11:45 p.m. PST

As usual John/Winston speaks as an expert in things he knows nothing about.

Actually I have sold some of the LoTR packs since they were listed here, most went to France.

Your not counting the additional $15 USD-20K worth of stock that is in the warehouse waiting to be processed for sale.

I'm trying to find anything that repeats ATM. What sells well today does not sell at all tomorrow.

Last summer when things died I went on a listing spree and added 800 new SKU's took a minimum of 30 days before anything new sold and did zero to add any sales to the store what so ever. This was not normal in any sense as previously I could never break 1,900 listings as things would sell out as fast as I could list them.

Ebay has a lot of glitches no one hears about if there not looking for them. Customers who can't add anything to the cart, can't complete checkout, can't pay with paypal, can't combine orders, free shipping on items with shipping required, beig told the seller does not ship to you when your in the same country, ect.

And just recently a seller in Germany who's missing about 400 store listings that are in his store, but not in search.

Also one this week who has no sales, but ebay is reporting he had 16 recent sales that were all from June back in 2014.

And none of this is ebay's fault eh Winston? Yeah right who else is to blame the Joker?

Black Scorpion Inactive Member09 Jun 2016 3:41 a.m. PST

It's like the DFS summer sale! (Apologies to non British readers who don't get the reference) :)

jsans73 Inactive Member09 Jun 2016 4:34 a.m. PST

Whilst E-bay glitches may be causing you to receive fewer views on your listings the fact that these items are not selling on any other the places you have tried, seems to indicate that the prices are too high, unfortunately I could only suggest that you keep reducing them incrementally until you find the level that starts attracting buyers

Winston Smith Supporting Member of TMP09 Jun 2016 7:42 a.m. PST

The main problem is that your prices are too damn high. Period.
I also sorted through the pages and found nothing that interested me. But, that's not your fault. The pricing is.

ordinarybass09 Jun 2016 7:52 a.m. PST

Sorry to hear about your troubles.

I did a few quick searches for various oddball minis lines (Void, SST, Confrontation etc) and the prices looked more like a regular dealer-in-unusual-minis than someone trying to clear out stock.

Not to say they were necessarily too high if someone was looking for a given item, but nothing was priced at the sort of bargain prices that tempt you to buy more than you need in a clearance.

If you really want to clear-out, it may time to put together some big lots with low opening bids or drop your prices by 30% across the board.

Personal logo PrivateSnafu Supporting Member of TMP09 Jun 2016 1:23 p.m. PST

Again I think if you put some lots together you'd sell them here. I'm amazed at some of the things that sell here. There are people that collect all kinds of miniatures.

Illegitimi non carborundum

napthyme Sponsoring Member of TMP09 Jun 2016 2:43 p.m. PST

ordinarybass That is why I am offering stuff at discount here. its hard to lower the price on something when ebay/paypal is already taking 40% of the asking price.

I appreciate the offers that are coming in, but if your only going to offer 10% of its listed price your wasting both of our times.

Personal logo Doctor X Supporting Member of TMP09 Jun 2016 3:57 p.m. PST

eBay shops take 40% of your transaction fee?

napthyme Sponsoring Member of TMP09 Jun 2016 4:29 p.m. PST

At the level of sales I am currently doing on there plus the store fee, plus paypal fees. the fees are 40% of what the sold total is.

Personal logo Doctor X Supporting Member of TMP10 Jun 2016 6:37 a.m. PST

OK, your fees are a function of your lack of sales, not a standard flat rate on each transaction. So if you sell more your fees as a percentage of sales will drop substantially.

A straight auction is 16-17% of sales so if you are going to blame the eBay store as a primary issue close it and sell via auction or fixed price.

Ivan DBA10 Jun 2016 10:42 a.m. PST

You need to explain better what kind of offers you want. When you say "liquidation," don't act surprised when you get offers for 10% of asking price. That's what a liquidation looks like.

As it stands, no one can tell what price you are looking for. On top of that (As evidenced by several comments on this thread) many people get confused and think you are asking for the EBay list prices.

napthyme Sponsoring Member of TMP10 Jun 2016 4:18 p.m. PST

@Doctor X. If I drop the store as you suggest, my fees will skyrocket. without a store auctions are 30 cents each for 7 days. 2,500 X 4 weeks = 10,000 listings X 0.30 = $3,000.00 USD

Same idea using 30 day listings 2,500 X 0.30 = $750.00 USD

Current Ebay fees + ebay store $450.00 USD (stores get a monthly allotment of free listings plus cheaper listings fees above the free ones.)

Nice idea, but would be as successful as the Hindenburg.

@Ivan I guess I was not clear when I stated above that the liquidation is to pay bills, its not a storage issue. If I had to abandon everything to the outdoors where it would be destroyed by the weather the any offer would be fine.

If the offer gives no help in paying bills, then its of no benefit to sell it. While I still have stuff, there is hope of paying bills. If I sold everything tomorrow for $1,000.00 USD and have no way of making anymore money how is the next months bills going to get paid?

If the offers are in the 40-50% off range I can work with that seeing as ebay is already holding me up for that kind of fees. But offering $10 USD for an item priced at $100 USD in the store neither pays bills nor pays back the initial cost of acquiring the product.

I do have a few dogs in the store that I would liquidate at higher discounts just to see them go, but there is not a huge lot of them.

Ivan DBA11 Jun 2016 6:38 a.m. PST

I don't think "liquidation" means what you think it means…

Black Scorpion Inactive Member11 Jun 2016 6:52 a.m. PST

So it's not really 'completely out of business into liquidation' and more ' carrying on as normal with the same problems offering slight discounts on inflated prices' … Part 3.

Mikasa Supporting Member of TMP12 Jun 2016 3:30 a.m. PST

+1

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