Anyone Ever Buy and/or Sell on Tradesy?

[domifreaka]

I actually haven't heard of it but I'm going to look into it now.

Mercari is usually my to go app for items under $300. Be ready for "what's your lowest" comments under every listing. TONS OF FAKES, hence tons of "how do i know its real" customers. I keep reporting the counterfeit bags and they do not get taken down.

I wouldn't recommend them for high-end items, I had 2 returns (both ruled in buyers favor) and it was very hard to reach CS. Bunch of automated emails. With that being said, tradesy is about 60% of my sales, Mercari 20%, ebay 15 and posh 5.

 

[domifreaka]

Tradesy has been running TV ads in the tristate area. I saw some in NJ and my friend saw some in NYC. My last 4 sales were people from CT, NYC and NJ. Few weeks ago I had 4 sales in a row, all from TX. I wonder if that's what the traffic depends on (aside from coupons and sales). Sometimes I go a week with no sales and other day I have 3 sales a day with same inventory.

 

[BeenBurned]

I'd like clarification on the above.

Does the part in red mean that if you list an item at the minimum $10, you'll pay $7.50 (75%) commission when it sells?

Yes! So you'd be a fool to list anything at $10.

That's exactly what it means.

That's absolutely crazy? I wonder who their business advisor is. Ebay? Another competitor?

 

[whateve]

Tradesy has been running TV ads in the tristate area. I saw some in NJ and my friend saw some in NYC. My last 4 sales were people from CT, NYC and NJ. Few weeks ago I had 4 sales in a row, all from TX. I wonder if that's what the traffic depends on (aside from coupons and sales). Sometimes I go a week with no sales and other day I have 3 sales a day with same inventory.

My sales seem to come in waves too, so I'm wondering if my buyers are seeing ads. The location of my buyers is spread pretty much the same as ebay, a lot from New York and California, and evenly spread everywhere else.

 

[whateve]

I did a search with nothing in the search box. Okay, I just excluded sold out items and the number is 1,331,194 Items.
I lowered the prices on some of my under $50 items to see if I can clear them out in the next few days. Then I'll either raise the prices to close to $50, make combination listings so the total is over $50, or remove them completely. I have quite a few items in this category. They are already on ebay.

Today I checked and there are 1,321,545 Items listed, so not much difference. Maybe 10,000 items were removed? I removed 20% of my items.
If the search is working correctly, there are 538,289 Items under $50. That is 40%! 287,483 Items under $30. 16,582 Items under $10. Maybe some people didn't see the email? After shipping, they'll lose money even if they got the item for free. There are 3,225 Items under $7.50. These sellers won't get any money at all. If they make a sale for an item under $7.50, will they owe Tradesy money?

The search is really messed up; I keep getting the "oops" screen.

 

[whateve]

Is this kind of listing allowed? https://www.tradesy.com/dresses/extra-savings-dress-20703961/?tref=category

 

[onepiece101]

Today I checked and there are 1,321,545 Items listed, so not much difference. Maybe 10,000 items were removed? I removed 20% of my items.
If the search is working correctly, there are 538,289 Items under $50. That is 40%! 287,483 Items under $30. 16,582 Items under $10. Maybe some people didn't see the email? After shipping, they'll lose money even if they got the item for free. There are 3,225 Items under $7.50. These sellers won't get any money at all. If they make a sale for an item under $7.50, will they owe Tradesy money?

The search is really messed up; I keep getting the "oops" screen.

Please correct me if I'm wrong, but from the email:

"As a result, Tradesy will now require a minimum selling price of $10 for all new listings. Please note, any listings you currently have under $10 will remain at our existing commission rate and will not be impacted by the $7.50 minimum commission fee."

To me, this means that any current/already existing listing with a selling price of $10 or under will keep the previous 14.9% commission and not be affected by the new change and from now on, if you try to list any item at $10 or under, the system will not allow it.

 

[whateve]

Please correct me if I'm wrong, but from the email:

"As a result, Tradesy will now require a minimum selling price of $10 for all new listings. Please note, any listings you currently have under $10 will remain at our existing commission rate and will not be impacted by the $7.50 minimum commission fee."

To me, this means that any current/already existing listing with a selling price of $10 or under will keep the previous 14.9% commission and not be affected by the new change and from now on, if you try to list any item at $10 or under, the system will not allow it.

Oh, okay, so I would have been better to lower an item from $11 to $10 in order to save on commission?

 

[p3b]

Today I checked and there are 1,321,545 Items listed, so not much difference. Maybe 10,000 items were removed? I removed 20% of my items.
If the search is working correctly, there are 538,289 Items under $50. That is 40%! 287,483 Items under $30. 16,582 Items under $10. Maybe some people didn't see the email? After shipping, they'll lose money even if they got the item for free. There are 3,225 Items under $7.50. These sellers won't get any money at all. If they make a sale for an item under $7.50, will they owe Tradesy money?

The search is really messed up; I keep getting the "oops" screen.

I didn't get an email. I happened to see it when I signed in to transfer money out two days ago. Perhaps many are not getting emailed either?

 

[BeenBurned]

"As a result, Tradesy will now require a minimum selling price of $10 for all new listings. Please note, any listings you currently have under $10 will remain at our existing commission rate and will not be impacted by the $7.50 minimum commission fee."

To me, this means that any current/already existing listing with a selling price of $10 or under will keep the previous 14.9% commission and not be affected by the new change and from now on, if you try to list any item at $10 or under, the system will not allow it.

Oh, okay, so I would have been better to lower an item from $11 to $10 in order to save on commission?

Red: I think "under $10" means it would have to be $9.99 or less.
Blue: See above. According to Tradesy's quote that you copied, I don't think it applies to $10 or less but rather, to <$10 or $9.99.

(Though slightly different, it seems similar to PP's s.c. rule. SC is required at $750 or more. If an item total is 749.99, no s.c.)

 

[jmc3007]

That's absolutely crazy? I wonder who their business advisor is. Ebay? Another competitor?

They would have to account for return costs whether an item is $10 or $1,000. That's clearly not sustainable at the low value segment hence they're exiting it,or at least trying to.

 

[whateve]

How long does Tradesy give a buyer to pick something up if it was delivered to a PO box?

 

[GemsBerry]

How long does Tradesy give a buyer to pick something up if it was delivered to a PO box?

How was it scanned? delivered completely like with a green bar in tracking or there's still one step to go until final delivery? does it require signature confirmation?
someone mentioned in this thread before that it was about 5 days if I'm not mistaken. but recently Tradesy got really stingy with releasing funds

 

[whateve]

How was it scanned? delivered completely like with a green bar in tracking or there's still one step to go until final delivery? does it require signature confirmation?
someone mentioned in this thread before that it was about 5 days if I'm not mistaken. but recently Tradesy got really stingy with releasing funds

No signature confirmation. It says "in transit' and the bar isn't all the way across. The detail says "available for pickup."

 

[GemsBerry]

No signature confirmation. It says "in transit' and the bar isn't all the way across. The detail says "available for pickup."

If signature is not required delivery to PO box is usually scanned as final delivery in green. but I've seen both, probably it depends on her PO.
I would email customer first and then email Tradesy on 4-5th day. actually it became a routine for me. I ship the same day, track the package and then I see "recipient is not available". I email customer that for her convenience she can pick it up or re-schedule, also that USPS may return the package if it's still not picked up for a week.