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Re: Promoted Listings - how are you handling it?
 

He was a mod here and one of the biggest - for the reason why...I don't recall specifics but complaints, etc

Re: Promoted Listings - how are you handling it?
 

Fair enough man

Re: Promoted Listings - how are you handling it?
 

Whatever happened to Jamesnorth? Is he no longer on the forum?

Re: Promoted Listings - how are you handling it?
 

It appears so.

I don't know the ins and outs but apparently due to high customer complaints he's been banished from the forum..:shocked:

Re: Promoted Listings - how are you handling it?
 

There might be some threads still in existence - I don't tend to look at old posts - but you might be able to find details if you search forum

Re: Promoted Listings - how are you handling it?
 

It was sad to see him go but he was done in by Managed Payments. The fact that he was one of the largest was his downfall.

Re: Promoted Listings - how are you handling it?
 

I never really had an issue with MP, how did introducing that effect people?

Re: Promoted Listings - how are you handling it?
 

There were a lot of delays in fulfillment as well - I did some business and I could tolerate the delay but lot of ppl had issues with it...rightly so

Re: Promoted Listings - how are you handling it?
 

lol, sounds like you're getting defensive. :heh:


To answer both of you, MP made it a lot harder to create new accounts strong enough to not get immediately suspended. That's a recipe for disaster. Makes it hard to fill orders while also making customer service a nightmare for accounts already sold.

Re: Promoted Listings - how are you handling it?
 

He was always slow to deliver, even back in the mid 2010s when I first dealt with him, but he did deliver.

Problem was by 2023 when I last dealt with him, he was promising things he couldn't deliver, and he'd take the money first.

I don't think he was really a scammer, was probably just a reseller who got let down by his suppliers in the end and couldn't keep up with ebay updates.

Unfortunately in this business you have to take a risk occasionally, and losing a bit of money is to be expected, still often works out cheaper in the long run than doing it yourself.

Don't risk more than you can afford to lose with any seller.

Re: Promoted Listings - how are you handling it?
 

Every seller I've ever purchased from is loong gone.


Writing is on the wall for US sellers.

Re: Promoted Listings - how are you handling it?
 

Are you referring to sellers which sell certain service on this forum or Ebay sellers in general?
Ebay sellers do come and go,they get tired of making so little for a lot of work,trying to find items to sell is a problem,they go to a garage sale and the seller has already researched on Ebay and mark the items accordingly.

Re: Promoted Listings - how are you handling it?
 

Would explain why the cheaper accs vendors resell are getting banned more frequently I suppose

Re: Promoted Listings - how are you handling it?
 

I'm talking about people who used to sell eBay accounts on this forum. All of the accounts I'm running today came from plumsake. I bought them as "high limit stealth accounts" then made them legit by adding an EIN.


I don't remember his name but there used to be a Canadian eBay account seller here that I bought 3 accounts from. I miss those days, a lot. I ran tens of thousands of dollars through those accounts without ever opening a Canadian bank account. I just used Paypal invoicing to transfer all the money to my US Paypal accounts. Always amazed me how seamlessly it worked.



Needless to say, managed payments put an end to that. It's probably not a stretch to say that kind of thing is exactly why managed payments even became a thing.

Re: Promoted Listings - how are you handling it?
 

I remember him - I have kept a lot of old messages so the info is in there somewhere hah but no time or desire to go searching. Solid old school seller

Re: Promoted Listings - how are you handling it?
 

epimetheus.. that was the guy. Or something like that. We've lost almost everyone over the past few years. I wonder what they're all up to.

Re: Promoted Listings - how are you handling it?
 

I'll take all of your stock right now for 25% under spot.
__________________
Ok,I am on my way to rob FOrt Knox!

Re: Promoted Listings - how are you handling it?
 

You guys dont take me seriously when I said sell baby diapers,
No one is going to sell gold cheap,but goldfill jewelry is worth some $$
Scrap dealers will buy them and send them to refinery to scrape the gold off,
take a 14K gold bangle weighing 30 grams,scrap value would be $2368 at spot price of 78.95 per grams.
For 14K goldfill bangle weighing 30 grams,it would be $169.
Avoid gold vermeil which is goldplated over silver,avoid rolled gold and goldplated .
Back in old days,people cant afford solid gold,so jeweler would use goldfill instead.
Here is the link
https://www.goldcalc.com/scrap_gold_value.php

Re: Promoted Listings - how are you handling it?
 

I'm confused.. You sell 18k gold baby diapers?! You a direct supplier to the Saudi's or something?? :laugh:

Re: Promoted Listings - how are you handling it?
 

We lost quite a few quality sellers over time and not the scammers I'm referring too

Re: Promoted Listings - how are you handling it?
 

This reads exactly like a billionaire who got bored, disguised themselves as a regular internet user, and decided to drop actual micro-cap market secrets for free just to see if any of us are smart enough to follow them to the yacht club.:pop2:

Re: Promoted Listings - how are you handling it?
 

Billionaires do not bother with 14k gold

Re: Promoted Listings - how are you handling it?
 

Ok so perhaps you've taken a hit in recent years but you're definitely a high level multi-millionaire. People don't just stumble upon that kind of wisdom.

Re: Promoted Listings - how are you handling it?
 

Morning chuckle :lol: maybe so

Re: Promoted Listings - how are you handling it?
 

I def found it more challenging using old methods, but there are def still ways. Last Summer I was able to create ~20 accounts backup accounts some of which are selling fairly strongly today (the rest on standby). I did lose prob 3-4x that amount in instant suspensions in trying to create those 20 though. Such a frustrating process, but Im happy w those that got through as they are all more or less TRS accounts by now

My takeaway (without giving specifics here) is that ebay is much more quick to catch on to successful account creation practices nowadays. In the old days, you could create 100+ accounts using the same approach. Nowadays you can only create a handful or two before each successive account gets met with an instant suspension

Re: Promoted Listings - how are you handling it?
 

Not even going to ask how you're doing that but I hope they stay active. Is it expensive on the banking side? One issue I had during the transition from Paypal to managed payments was all the bank accounts I'd opened to connect to Paypals that started charging me monthly fees once they stopped getting ACH's from PP.

Re: Promoted Listings - how are you handling it?
 

Expensive in what way? Do you mean inactivity fees? A minority of banks do require transaction minimums, but those are easily dealt with either by setting up auto-recurring ACH deposits from some other accounts, or for those that require DDs simply by simulating DD's by using an app like Novo to complete the deposits. Sorry if youre referring to another fee.

There was another issue recently though. The way my biz works is I have a # of smaller storefronts (each with its own bank account collecting proceeds from ebay) which individually send their balances to a single larger "operating account". It's just for convenience and allows me to have greater control over my funds all being in one larger account rather than several smaller accounts. But anyway, that bank has been up my ass these past 12 months as to why Im receiving "so many deposits from so many different banks", and recently they made the decision to shut down my deposit accounts and tradelines as a results. Whatever. It's a hassle for sure, but it's been the only real downside thats come from operating multiple accounts.

Re: Promoted Listings - how are you handling it?
 

You mentioned that you've got several accounts on standby so I assumed that they have active attached bank accounts which are sitting dormant racking up monthly fees.


I do something similar on a much smaller scale. My 3 selling accounts have their attached checking accounts which are all at the same bank. When it comes time to pay for inventory, I transfer funds to one account and send a wire out.

Re: Promoted Listings - how are you handling it?
 

I have attached bank and CC on my amazon too.... even ones not selling and they're still taking the monthyly fee.

Don't wanna mess with it honestly

Re: Promoted Listings - how are you handling it?
 

You selected the monthly fee option? What is it these days anyhow? I think it used to be 39.99? I remember it being steep for that reason.

Re: Promoted Listings - how are you handling it?
 

Wait.. Don't tell me you get charged rent in the States for simply opening and having a current account? If so that's a rip off..

I bank with 10 different high street banks and another 10 neo banks free of charge here in the UK

Re: Promoted Listings - how are you handling it?
 

Yeah, that's standard practice for almost all checking accounts in the US. You can usually avoid the monthly fee by using your debit card a certain amount of times or by receiving a certain number of ACH deposits. Which is why I'm wondering how kirkland is handling his banking. I used to run around with 8 debit cards trying to make sure I used each one enough times every month, and it was a nightmare.

Re: Promoted Listings - how are you handling it?
 

Damn that really sucks.. Maybe you could use Wise or Chase though, I think they are free to use there?

Re: Promoted Listings - how are you handling it?
 

Some checking accounts waive the monthly fee if you keep a balance in the account - that's also one way...

Re: Promoted Listings - how are you handling it?
 

We have that here too, probably the easiest way. Still can't stand how they love to inconvenience people though, it should be a free service as it costs nothing for a bank to open/maintain a regular current account :mad:

Re: Promoted Listings - how are you handling it?
 

Of course - just a cash grab

Re: Promoted Listings - how are you handling it?
 

Oh, I understand the question now. Many of my business accounts just require some nominal balance to avoid fees (eg WF 500, Chase 2k, KeyBank 1000, etc) although others dont (US bank, Axos, most credit unions, etc). I also use some personal accounts and those generally dont require minimums

Yeah the debit card tx requirement would be a huge burden for sure

Re: Promoted Listings - how are you handling it?
 

Sigh.. These greedy banks fatigue me

Re: Promoted Listings - how are you handling it?
 

Eh? What does Kirkland/Costco have anything to do with banking?

Are they starting one?

Re: Promoted Listings - how are you handling it?
 

Promoted listings have become so competitive that I am now having to shift sourcing products shipped via sea freight. I just don't have enough margin or economic opportunity cost to work with. Almost all of my products are sitting at 9-15% boost requirements. I am averaging 28-33% in product and fee costs, BEFORE shipping. As shipping costs increase at a much faster pace, that alone can cut net profit in half on many transactions.

Some may ask, why have you not been profiting the whole time with sea freight? A lot of my products have very fast turnover. I must time everything perfectly to have a paycheck. Don't get me started on how much wholesale I have to hold in cash on my books to make a living still at this. I will say it is 100-150% more than the good days when I only needed 6-9k dollars in revolving cash and credit.

Another gripe of mine is eBay return ratios that punish you with an extra 5%, which they're about to increase to 6%. We are talking return ratios of 5% or less and still getting penalized because they want it at <1%. Amazon ruined this metric with return-happy customers who return for any reason and abuse the rules.