eBay's new managed payment policy gives the platform greater control over seller funds, potentially holding money longer and denying payments if suspicious activity is detected, which means sellers must actively manufacture their own success by running sales and managing their listings rather than waiting for the platform to generate income.
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You Have To Generate Your Own Ebay Success. Ebay's Money Grab. Pulling Ebay Postcard OrdersAdded:
Good morning, everyone. It is Friday.
You made it to Friday, May 8th. May 8th, Mother's Day in what, 3 days, 2 days? So, make sure you get your cards and flowers and all that good stuff.
Definitely turned it around.
Um I had auctions ending and I did 500 auctions and they ended last night. I used up my 500 auctions from April.
And as you can see, uh yesterday, Thursday, I finished at 5:17 and I'm off to 1:44 today.
And that is a lot of this awaiting payment and said my cards are on currently layaway.
I have 105 left in orders to be paid.
I try to do at least the 500 auctions a month and I think only once or twice over the last three, four months have I had someone just not pay and it's the typical I didn't realize shipping was going to be that high and it was it's always an international buyer.
And they just, you know, your international shipping is is is prominently displayed.
Um they just don't want to pay that much.
And I'll get the can't you just ship it with a stamp?
No, I'm not going to send a uh $50 postcard internationally with no protection and no tracking.
No, not going to do it, so they get uh the item you know, the buyer didn't pay strike and then I block them.
So, anyway, I have 20 orders going out for 6:34.
A pretty pretty good night with auctions and then last night as soon as the auctions ended, I relisted. I only sold 10 items during auction, which was uh I think very, very low.
And so, I relisted the 490 auctions as buy it now.
And uh some of those did sell.
So, let's get pooling today.
So, yeah, you just got to manufacture your own success on eBay. You just can't wait for eBay to give you success. And I'm I do that. I just haven't been listing much, but technically auctions are listing 500 you know, a week listings.
So, I don't know if that makes sense.
>> [clears throat] >> I usually don't make sense.
Okay, C51.
So, how were your sales yesterday? And who knows? It could have been a combination and maybe eBay got their [ย __ย ] fixed.
Maybe.
Uh whatever they're working on.
I know they had that new the new payment thing. I don't know really if that had anything to do with the back end. It's just a more of a policy.
Which I wanted to talk about it the other day.
Uh I put both the links to both their the new payment policy and last year's payment policy into chat GPT and I said, "Hey, compare these.
Let me know if there's anything Let me know what's changed.
Let me know if it's bad for me as a seller."
And of course, eBay's like, "You can opt out of this." And I was like, "Okay, chat GPT, tell me what would happen if I opted out of the new payment policy?"
And >> [cough and clears throat] >> it went through. And there it is right there.
And it did the whole compare and contrast and it pretty much what it said is eBay is tightening its grip on your money.
That we all know managed payments.
You know, eBay holds that money.
And what ChatGPT said it was it would hold your money longer. It could hold your money longer.
It could deny payments.
Um if it has if eBay is suspicious of you selling too much, it could hold your payments.
I know the guy from uh Bob's Baseball who sells uh top loaders and sleeves and stuff like that on eBay. Uh eBay held like 6,000 some odd dollars of his money.
Uh and it's been 6 months 8 months, and they're still holding it.
I mean, I don't know the backstory. Just posted that eBay is holding has held his money. And one of the things I was asking chat Oh, it kind of backing up a little bit is uh is like, "Okay, ChatGPT, what happens if I uh if I opt out of this?" And it pretty much said if you opt out of it, you can't sell on eBay.
I was like, "Okay."
So, it's yeah, it's just uh eBay just has more control over your money.
And if they don't like something you're doing, you're not going to get your money.
And so, I asked ChatGPT, I was like, "Okay, you know, eBay eBay can you know, hold your money overnight. Um and if it depends on how your your payments are set up. I have daily payments cuz I don't want eBay holding my money uh for any longer than necessary."
Uh 67 must have been on 40% off.
And I was okay, you have access to, you know, all the filings for eBay and their stock reports.
Tell me what eBay makes a day.
And if they're holding that X amount of money overnight, how much in interest are they earning?
Uh and it was, I don't know, 40 some million a year, maybe a little bit more.
I can't remember the exact numbers.
So, they definitely have an incentive to hold your money longer than they need to.
I mean, if you do, if you do weekly payouts, what's I I just curious, if you do that, what are you what's your justification to let eBay hold your money?
I'm not saying there's anything wrong with it.
Uh I I'm just genuinely genuinely curious about that.
I think I did it maybe for a week or a month, maybe. And this was years ago.
And I was like, why why am I letting eBay hold my money? I mean, my it goes into my checking account, and it doesn't earn much, if any, interest.
But at least that teeny minuscule amount, I'm earning.
Another one of the um first female to start a varsity baseball game card sold to a viewer. Thank you, Chuckers, for the purchase.
And I think I have four or five of these left.
What is that? Y 28.
Now, it this says I got him at the Harrison postcard show.
And I didn't. This came from an auction lot. I know it did.
So, I need to figure out which one is, since I have four of them, I need to figure out which one I is in the picture.
There's just a close-up of the card.
And what I'll do is I'll just relist it, since I have I have three more copies of it.
And not only is Chuck a the buyer of the card member of my YouTube channel, where I did talk great detail about that card. So, thank you for being a member. And if you want to learn more than [clears throat] you'd ever want to know about postcards and how to profit off of them, uh I do have a membership.
$4.99.
Apple may charge you two bucks.
Uh but, yeah. So, anyway, what do we got here? G41.
>> [clears throat] >> So, my honey-do list was reduced by one yesterday.
I sprayed the front of my house with house cleaner and got rid of the um the algae, the green stuff that's starting to grow on the side. So, it looks a lot better. It's like a bleachy type of something. My fence was starting to turn a little green, too. So, yeah, everything looks good. Sprayed out the weep holes on the uh on the uh windows, so everything drains correctly.
Uh today, it's uh almost Is it almost 9:00?
Jeez.
Uh the last hour, I have no idea where it went.
I didn't mess around on the internet this morning. I just pretty much came down here.
Time warp. Anyway, um Palm Springs bollocks.
So today my goal this morning is to spray the dandelions in the backyard.
Spray bug killer around the perimeter of the house and do ground clear to kill everything in some of the beds that we're not going to be planning in that have already started sprouting some weeds. Yes, I know, bad for the environment.
Yeah, true preach it there, buddy. Uh Baltimore post office again it Who doesn't have a problem with the USPS?
But I Whenever someone asks you to, you know, package very well I again, I put in my my listings how I pack and that I cannot uh sandwich uh regular old postcard with sent by eBay standard envelope between cardboard. I can't mark it do not bend.
You're not supposed to. That that is a violation of the eBay standard envelope rules and whatever.
Because that has to be If you mark it and you really want it to to um do not bend, I believe it had you have to pay extra for the uh hand cancel.
So, I ignore those. I pack it how um I put in my my listing.
More airplane cards. I only had three or four airplane cards going out.
So, yeah, I have three big uns to on my honey-do list that I hope to get done today. It's Ocean City Boardwalk, New Jersey.
Whoa.
I just saw something on here. Okay.
The Baths. The name of the Baths threw me for a second.
So, I I thought it was like a segregated bathroom or bath bathing area.
AS17 No weird dreams.
No weird dreams, which is nice.
Occoquan Uh let me see. We got Paper Palooza coming up. I do have that up.
Uh this is the least prepared for paper for a rail train I have ever been.
That's That's later today, too. I got to get those done. Once I get I'm getting ready to say once I get through this week, everything will be fine.
I'll be less busy. No.
No, no, no. So, after I do all the yard work crap this morning, I will jump right into uh Paper Palooza.
And I'm going to do box lots. I have I have a couple smaller lots, but I'm just going to go straight into the box lots.
Okay, these are some of the auctions.
Oh, too much finger goo.
Do you all run auctions? Do you just or not run auctions? I know people either love auctions or they don't.
I look at it as they're free listings.
You might as well use them up.
And you never know what happens.
You always list it at a the the starting price should always be the price you would be happy with if only you had one bidder.
So, your starting price is your buy it now price.
I'm not sure if I'm uh done with this tab yet. Uh but I'll just go put it back.
These cards came from the Allentown paper show.
Um that video will be coming out probably sometime next week. I still on my phone is about a half hour worth of choppy not choppy but video from every place I went that day that weekend.
And um What was I going to say?
On individual cards um I only spent first day on individual cards I only spent $32.
Cuz I was pretty much just talking to everybody and setting up setting up deals for the the next day.
Table buyouts and stuff like that.
Some of these I know sold. So, that's why I'm pulling them out now. They may still be on layaway, but I know they sold.
And this one is some king got injured. I don't know if I don't know if these are international now that I see the zip code right there.
Unless that's the zip code for Wow.
Uh Illinois, the hub.
So, yeah, the first day 32 bucks. That second day on individual cards was that was 66. I have it written down.
I showed the tax person, but it it wasn't it wasn't very much that second day.
Either.
Uh BF2.
So, these first the first I only I bought 250 cards single cards during that trip at antique malls and and flea markets and whatnot.
And I believe I've really made my money back.
Uh probably at least right now five times.
There's this one.
And then the other So, I did 500 auctions. The other 250 were just for my cherry pulled cherry picked back stock.
That's just kind of been sitting there for These cards have been unlisted for 10 years.
Uh let me see. And that's how I want to use those auctions on the cherry picked cards.
I want to use those auctions.
Okay, BF3.
So, yeah, if you use auctions or you just let them sit unused.
So, that's what I was I guess I'm kind of getting at is about manufacturing your own success. You got to keep listening. That is definitely the number one. Run sales. As you can see this next This next card went on a 40% off sale.
J1.
Still got $5.99 for it, which again, if I only paid a nickel or a dime or even a quarter for this card, that's still pretty good ROI.
There it is. Some type of tram car.
Aerial tram and Custer but I didn't know they had a tram out there.
Hm.
J1.
That's the wrong box there, Hoss.
There is that one.
BF1.
Kids are going to be leaving for work here in a little bit. I thought this one was cool. I'll show it in the hall.
But, um I thought that one was pretty cool. It's a leather postcard with a skeleton.
Thought that one would sell. I had nine watchers on this card. I can't show it cuz there's nudity.
But, I had nine watchers on that card >> [clears throat] >> and no takers.
I also listed it at what I would put it at buy it now and I relisted it at that price for buy it now.
But I thought it would have thought it was thought it would have gotten a couple bids. Oh, wait. This is Yeah, that's $19.99.
Another airplane card.
Only sold Yeah, what? Three or four of those today?
So, that one BF3 I'll save that one. BF3 here. No, that's right there.
That's the right one.
And I can't pull this I can't pull this one up.
This These did not sell uh at auction, but they sold immediately after I relisted them last night.
But they also have nudity.
So, So, I really can't uh pull those up individually. I don't know if I'd get a ban even on on this small, but they're uh Eritrea?
Eritrea?
Eritrea?
Um I'm not sure exactly if it's still Eritrea now or however you pronounce it.
Ethiopia maybe was what it was. But anyway, they're they're ethnic nudes, tribal nudes.
That one also sold.
And I got those for $2 each.
And I sold 1 2 3 4 5 6 7 of them.
That's nice.
Uh I'm going to pull these ones.
Yeah, this zip code must be the international hub cuz I think it's the same as the one above.
So, 100 and almost $5 in orders. I'm actually going to sleeve these individual. I would normally just throw them in one sleeve, but for that price, I'm going to throw them in uh individual sleeves.
And I just remembered while I'm sleeving these up, I took that damaged package.
Come on, lady.
Took that damaged to That's why I couldn't I couldn't fit it in.
The damaged package to the post office yesterday and the postmaster wasn't there. Yeah, why not?
In fact, I I rarely see her. So, hopefully she's there this morning. Get that figured out.
I don't know what Does she have to sign off on the form? Does I don't know. I don't know what the process is.
So, I got these I got to sleeve them or put them in a top loader now.
Okay, two top loaders for that order.
Nice order there.
And then this one is the only other one that's been paid. I'll do a refresh. This is Dr. Miles Nervine tablets. So, quack medicine, I'm sure.
Um the other ones that I pulled, what I what I do is I just stick them in a slot over here that haven't been paid. I just I just put them in a slot and they're easily easy to grab.
There we go.
We'll do a refresh.
Okay, something else in. K K33 K33 And then the last thing I'll do today is I'll show you the paper Palooza again. If you're interested in right on top in buying bulk, come see me tomorrow on Whatnot 8:00.
And there's a whole bunch. It's It's I think it starts at 10:00 in the morning with 12 sellers a day.
So, come see us on paper Palooza on Whatnot.
Uh what do I got? 30 people? Yeah, it's a I have like three items listed.
I got the morning envelopes.
Uh 1-lb lots of greetings and holidays and uh large flat rate of scrap postcards.
That's all I got listed. I've never been this ill-prepared. So, okay everybody, 24 minutes, that's long enough.
Hope you have a great weekend. If you're in the mid-Pennsylvania area, go to the Carlisle Antique Fest.
Uh search for postcards cuz I was on their Facebook page over the last several weeks and telling vendors to bring their postcards and now I won't be there. So, hopefully you get some really nice postcard pickups.
And I hope you have a great weekend and we'll see you again on Monday. Bye.
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