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Jasonl - 9:42 am on Aug 21, 2009 (gmt 0)
All I use ebay now is for advertising my site and getting my name out there. I use their 30 day BIN auctions basically as advertisement to get in Google searches and drive traffic to my site. I have seen a lot of sellers with lots of total feedback have their sales drastically cut. I can tell by looking at their feedback received in the past 30 days and derive from that their sales volume....it's way down in a lot of cases. I was lazy in the past and hoped for ebay to bring me customers...now I realize that you really need to build your brand and promote your own web site and use ebay as either a way to gain exposure or for some ancillary income...bulk of sales should be generated from your own site which you have complete control over.
In some markets I see items going for near wholesale after you figure in the Paypal and ebay fee cut. Obviously that points out how hard it is to make money on ebay now. People won't buy on ebay if your price is a little less than elsewhere....it has to be dirt cheap.