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Re: Promoted Listings - how are you handling it?
 

Plumsake was a goat. Dudes account ran gold into my bank accounts. Bjammin was solid as well.

Re: Promoted Listings - how are you handling it?
 

Kirkland is the name of a member here - that's what he was referencing is :lol:

Re: Promoted Listings - how are you handling it?
 

There is a minimum balance one has to maintain in the account,say $1500 for checking,$300 for saving,else there will be a monthly fee ,say$15,.
You figure it costs the bank money to maintain accounts,sending out bank statements ,etc

Re: Promoted Listings - how are you handling it?
 

That's not so bad, I've seen banks requiring over $10,000 as a minimum balance, that's when it starts becoming an inconvenience, especially when you use your money to make more money. Over here in the UK, we can open several current accounts free of charge that's why I found it bizarre that you pay a subscription for the same service in the States

Re: Promoted Listings - how are you handling it?
 

May be UKers are good savers ,USers are cash poor and credit rich,they own many credit cards and use them to buy things,they can also use them to pay for auto insurance,utility bills.
Most small businesses frown on credit card users,they prefer cash and I dont blame them.

Re: Promoted Listings - how are you handling it?
 

It's because banking is a Wolf of Wall Street style madhouse in the US. Between banks and credit unions we have over ten thousand options to choose from (actual chartered institutions with deposit insurance). In the UK you guys have what, like a dozen options at most to choose from?

Re: Promoted Listings - how are you handling it?
 

We do have too many banks.
But how many of us really keep a lot of money in our bank account?
Banks have made our deposits available sooner than later as many just use their bank account as a way of cashing their paycheck and want to withdraw immediately to buy grocery,pay bills.
There are other ways to cash your paycheck at supermarkets,currency exchange but with a high fee.

Re: Promoted Listings - how are you handling it?
 

I dont recall ever running into any US bank with minimum balance of $10,000,Chase has some premier accounts which require higher balance,but it promises a higher interest rate
Business checking account does have a higher requirement,say $1000,

Re: Promoted Listings - how are you handling it?
 

Wells Fargo has a $10k minimum balance as one of the ways to avoid account fees. Hardly scalable though.

Re: Promoted Listings - how are you handling it?
 

Personally though, I don't trust any banks in the west/europe any longer. A recent law passed to do with AML regulations whereby banks are able to freeze your account(s) and hold your funds against your will for an undisclosed amount of time.

It happened to a friend of mine, he has been waiting for weeks now, seen similiar cases on reddit and online of 50 year old women complaining they've had their money locked for 2+ months, it's insanity.

If they decide to, they can and will do so and you have no say in the matter, you are left helpless at the mercy of their underpaid/miserable customer service teams that couldn't care less.

I personally keep most of my money offshore as these western regulations are beyond ridiculous, as soon as something like this can happen, it's game over.

Re: Promoted Listings - how are you handling it?
 

HSBC bank is known for demanding high amounts to be kept in foreign currency accounts in order to keep them active...it's rough as a side note

Re: Promoted Listings - how are you handling it?
 

Struggling to maintain an ROAS over 6.0 lately. Anyone else?

Re: Promoted Listings - how are you handling it?
 

9-10 currently. Sales are down slightly, but that's expected for July.

Re: Promoted Listings - how are you handling it?
 

Haha, that would be awesome! I was pushing 9 a few weeks ago on one account but in the last few weeks it's dropped under 6.


Traffic is good though. I'm getting several hundred listings views per day on 2 fronts but the bar chart looks so sketchy in my traffic tab. For "impressions" and "listing views" it always shows an almost even split between organic and promoted. But when I click on the "quantity sold" tab, 95% of all sales are attributed to promoted listings. I don't understand how both my impressions and listing views stats can show a large % of organic traffic.. but then none of it translates to sales..?

Re: Promoted Listings - how are you handling it?
 

I don't understand how both my impressions and listing views stats can show a large % of organic traffic.. but then none of it translates to sales..?
This is common on Ebay,also Etsy,

Re: Promoted Listings - how are you handling it?
 

It means there is some bull**** in there. I usually only see organic sales from auctions. If it is from buy-it-now, it is so rare that I'd be better off gambling at a casino.

Mind you, my ratio of 9 is on VERY hot items. I have a system I use to keep pumping them out.

Re: Promoted Listings - how are you handling it?
 

https://www.ecommercebytes.com/C/blo...783093420.html


Class action incoming

Re: Promoted Listings - how are you handling it?
 

Class action - time to get in on it...if possible.

Re: Promoted Listings - how are you handling it?
 

There isn't one yet but this is some seriously shady behavior I've been seeing with promoted listings. I wouldn't be surprised if there is one at some point. They are milking hot selling categories for more and more with each new policy update.

Re: Promoted Listings - how are you handling it?
 

I'd be EXTREMELY curious to know how their "suggested ad rate" is calculated. I've noticed 9% on all auctions at least, 10-12% on the majority of categories, and some items have insane 18%+. That is damn near creeping up on 40% of the total sale.

Also, I think it is unfair to charge their fee on the total sale. It should be just the item price, not the taxes or shipping costs. Why? Because the customer pays the taxes, and we pay the shipping.

Don't get me started on the above-average return metric where they tack on another 5% to the selling fee. That number is always insane. All of my accounts have returns of less than 5%, and I'm still charged the extra fee.

Re: Promoted Listings - how are you handling it?
 

I think my thread effected eBay policy.

Re: Promoted Listings - how are you handling it?
 

Also, I think it is unfair to charge their fee on the total sale. It should be just the item price, not the taxes or shipping costs. Why? Because the customer pays the taxes, and we pay the shipping.
The reason Ebay charges fee on shipping costs is that sellers will list an item for $1 and charge 65 for shipping.

Re: Promoted Listings - how are you handling it?
 

Is that HSBC in Canada?
The last time I visited a HSBC bank in SE Asia,thats not the case,I have a choice of Yen,local currency,or US $

Re: Promoted Listings - how are you handling it?
 

If you start a petition and get a certain amount of votes, the white house has to check it out. :lol:

Re: Promoted Listings - how are you handling it?
 

offers free shipping then,thats why power sellers do,as they get a discount on FVF on the item only.(not shipping).
question-I saw some Ebay sellers selling bubblewrap ,the listing said it will be shipped media mail?
Does bubble wrap considered media mail??

Re: Promoted Listings - how are you handling it?
 

is that good English?
Where is SAX4??

Re: Promoted Listings - how are you handling it?
 

I asked google if I should use affect or effect. Was still unclear on it :pout:

Re: Promoted Listings - how are you handling it?
 

Smart sellers need to track ROI closely instead of blindly increasing ad rates.Try to increase the average order value (through bundled or combo sales) and reduce the proportion of advertising costs.

Re: Promoted Listings - how are you handling it?
 

Yeah for sure it's a bad idea to do anything in business blindly.

Re: Promoted Listings - how are you handling it?
 

My specific use of HSBC is based in the UK.

HSBC in Canada folded into RBC...sadly

Re: Promoted Listings - how are you handling it?
 

As I am a lover of vocabulary, I will comment on this

Usually you would use "affect" as it is the more common usage. You "affect" something by exerting some influence over it.

But technically, you could "effect" a policy change. the difference being that when you "effect" the change, you are the single driving force behind it. As opposed to "affecting" some change, where your influence is milder but still measurable

Usually the difference in usage is more obvious, eg affect is the verb, effect is the noun, so this was actually a pretty cool use case

:focus:

Re: Promoted Listings - how are you handling it?
 

I'm in debt, made stupid decisions in the past, now working my balls off to catch up.

Re: Promoted Listings - how are you handling it?
 

Hard to even keep up with inflation when pushing the same numbers as 5 years ago is now worth like 30% less

Re: Promoted Listings - how are you handling it?
 

Whenever someone sees a price increase,he will scream Price Gourging,inflation,typo ,greed.
But when your employer gives you a raise,do you cry Inflation and decline the raise?
Who do you think is going to pick up 'that inflationary raise you just received'?

Re: Promoted Listings - how are you handling it?
 

It would get worse when Trump wants more to be made in USA and all these corporations borrowing billions for AI and our deficit will soon go from 45 trillions to 55 trillions.
Where should we hide our savings?gold?silver?cryptos?toilet paper??
In the past,I have taken advantage of sales and coupons to buy household items like toilet paper,paper towels,soap,detergent,hand lotion,I cant believe how these items have gone up in prices lately?

Re: Promoted Listings - how are you handling it?
 

Silver has proven to be a pretty good store of value but lets be realistic.. manufacturing is never coming back to the US. We don't have the slave labor force that other countries have.

Re: Promoted Listings - how are you handling it?
 

It does not matter ,we will have to make it here and buy it here,cheap imports will not be cheap if there is high tarriff,cant wait to see what happens when Chinese EVs are allowed

Re: Promoted Listings - how are you handling it?
 

silver is poor man's gold,everytime gold goes up.people will say I bought some silver ,expecting silver to rise along with gold.
It seldom happen until recently when all the talk about silver shortage,industrial and commercial use of silver push silver to $78 .troy ounce,but falls back to what $58 and now it is $64,still pretty good price!
Back in old days,due to lack of modern mining technique,silver is worth more,people will show you a silver coin and said THIS IS SILVER !
Now we just yawn when someone said that.
To make things worse,there are plenty of silver ware ready to be scrapped-silver candles,dishes,plates,jewelry,bars ,coins,and the refiners do not want them .

Re: Promoted Listings - how are you handling it?
 

Gold is recognised as a store of value in most cultures for thousands of years,in Kuwait they have vending machines selling gold,in HK jewelry store,they display real time value of gold,and the gold statues you bought from them,you can sell them back and they will pay you for whatever it is worth that day.
If you want to sell your gold,do not sell on Ebay,you will only get the scrap value and you will have to pay Ebay FVF,cc fee,shipping and insurance and end up with a INAD DISPUTE !

Re: Promoted Listings - how are you handling it?
 

We're multiple years into this "drastic trade war" and nothing's really changed. There's nothing that can be produced profitably in the Unites States except for military equipment.. and even that's only profitable because it's subsidized by taxpayers and for all the wrong reasons :coffee: