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Re: 14 out of 19
In Response To: 14 out of 19 ()

The last one on your list, Queen Liliuokalani, was mine. Tell me your honest opinion what you think it would have sold for on Jackpot. $250? $260? Let's give Jackpot the benefit of the doubt and say $275. eBay fees at 9% of $330 is $29.70, so that brings it down to $300.30. PayPal and shipping are a wash because the same shipping and same PayPal fee would apply on Jackpot too. Just because you sell on Jackpot doesn't mean you all of a sudden don't take PayPal (though for some odd reason many Jackpot sellers throw up all kinds of barriers to selling their stuff). So, eBay would still have given me $300 to Jackpot's best case scenario of $275. I'm still ahead $25 on eBay.

Jackpot is best suited for someone who wants to put stuff up for fun as a hobby, doesn't really need to make any set amount, doesn't care if things sell or not, is selling a collection they've had for years and absorbed the cost of over those many years, sets things to automatically relist, hoping that one day someone will buy it. Someone who sells professionally as a business, sells internationally, takes PayPal, puts effort into their pictures and listings, responds to emails, ships right away, markets their strikes, offers customer service, etc., needs the exposure eBay offers so they can make a living. This board has both types of sellers, as you can tell from the varied responses.

Remember the golden rule for many club members. They all want to buy at the low guide price, and sell at the high guide price. They are all the ones shopping on Jackpot, looking for the low guide price, which won't cut it if you are trying to make a living. eBay opens up an entire new world of collectors who may not even know what a silver strike is, but they like it because it has a butterfly on it, or a Ford Mustang, or a Pony Express Rider, or Playboy, whatever they may collect that is outside of strikes. Those people will never be on Jackpot.

I'll again say my point wasn't to attack Jackpot, it serves its purpose and has its followers. I was making people aware that eBay fees have again gone up, and many people don't go looking at their eBay account when one thing sells, so they may be shocked when they see their monthly fees. But to imply that people are not smart because they don't use Jackpot (I hate to do someone else's thinking....I don't know why someone complains about eBay and then goes back and lists more strikes....) doesn't make sense when you actually run the numbers. I would not be smart to USE Jackpot if my goal was to run a profitable business. A good many of eBay strike customers (for all sellers, not just me) are NOT club members, so I could argue selling on eBay does more good for the club than Jackpot auctions does because it exposes people to a new hobby.

Dave.

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Copyright 2022 David Spragg