eBay bucks program change

[jb217676]

Lots of complaining around here! Nobody spoke up when ebay cancelled the ebay bucks program for Canadians. At least you still have 1%!

[Exhibitman]

eBay buyers remember this sound: squeal!!!

[h2oya311]

I'm not surprised eBay is cutting the regular program from 2 to 1%. They certainly have been ramping up the promotional eBay bucks programs lately. For instance, I can get 2% regularly (currently), but then they'll do a "flash sale" with 8% eBay Bucks for 1-2 day periods on orders of $50 or more. These come up at least once a month. The 2% is an after-thought. The 8% usually sparks activity.

I was wondering recently if these type of eBay promotions + the 1-5% you can get back from eBates might be impacting the price of cards upwards. A simple VCP pricing model simply can't adjust for these mid-month perks that aren't reflected in the price. A card that is purchased for $1,100 on eBay is really worth only $1,000 when a person can get $100 back from eBay Bucks + eBates. As a seller, I hope my listings are ending on the day that the 8% promotion takes place! It also pushes me to consider doing more fixed price listings (and not auction listings) so I can take advantage of these flash sales when they pop up.

Anyway, yes, disappointed about the decrease from 2 to 1%, but I suspect we may simply see more flash sales and/or seller promotions to increase buying activity at the whim of eBay.

[buymycards]

I have been a buyer and seller on eBay since 1998 and I have never been offered a flash sale or any type of incentive other than regular ebay bucks.

[SMPEP]

I bet the days of the 8% (or even 10%) ebucks are also over. Bet the knew "big incentive" will be 2-4%. Just glad I took advantage of the last 8% deal offered to me a couple days before this announcement! Might be my last one.

Cheers,
Patrick

[dclarkraiders]

I responded to the email by indicating that their positive spin on negative information was laughable.

Duane Clark

[ValKehl]

Originally Posted by dclarkraiders

I responded to the email by indicating that their positive spin on negative information was laughable.

Duane Clark

I believe the technical term used in the corporate world for this type of action is "damage control."

[prestigecollectibles]

For extra savings. If you have a Target store credit card you can buy Ebay gift cards and get 5% off at the register.

Ebay does have some limits though:
No more than a total of $2000 in Gift Cards may be redeemed per day, and no more than a total of $5000 in Gift Cards may be redeemed per calendar month. Further, you may only redeem a maximum of eight Gift Cards in any single transaction (and fewer if you are redeeming Gift Cards in combination with other redemption codes, such as coupons or vouchers).

[Leon]

Originally Posted by ValKehl

I believe the technical term used in the corporate world for this type of action is "damage control."

More likely profit control.

[rsdill2]

Originally Posted by buymycards

I have been a buyer and seller on eBay since 1998 and I have never been offered a flash sale or any type of incentive other than regular ebay bucks.

Check your account settings. Also, I don't always get an e-mail but sometimes I notice the promotion on eBay's homepage in one of the image windows.

From the ebay website FAQ:

How do I know if I am signed up to receive emails from eBay Bucks?
To check that you're signed up to receive emails from eBay Bucks, follow these steps:
Log in to your account and go to My eBay
Click on the Account tab
Select Communication Preferences
Scroll down to Promotions and Surveys and click Show
Select General Email Promotions and click Save
By signing up for general email promotions, you will receive emails from eBay Bucks.

[Jobu]

Did you check the box to receive promotions from Ebay (or some similar language)?

Originally Posted by buymycards

I have been a buyer and seller on eBay since 1998 and I have never been offered a flash sale or any type of incentive other than regular ebay bucks.

[Snapolit1]

Originally Posted by buymycards

I have been a buyer and seller on eBay since 1998 and I have never been offered a flash sale or any type of incentive other than regular ebay bucks.

Need to check you ebay subscriptions. Once I signed up for promotional emails over the summer they basically came all the time. Maybe once every 2 weeks.