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I think this is what sellers there need to do.
Do you by any chance have the new fee schedule for VC? I used to post a lot more on there, but fees are so high, plus I am in the US and most buyers are in Europe and have to pay duties on top, making my items expensive to them and sales very slow. I only currently have like 4 items up and some have been sitting forever.
Are you planning on removing any item you have below $150? Or do you not mind if they send it back to you ?
whateve - I think you and I have a similar price point for our items given your comments on this blog so hoping you can give me a bit of advice. I have only sold on Tradesy. I am now looking at Mercari and eBay for my items in the $100-$150 range. I know you have said in the past that the bulk of your items are sold on eBay. Are they generally priced in the $100-$150 range? For some reason, I just expect eBay and Posh sales to be for things under $100. Also, do you just specify no returns on eBay? Thanks so much for any assistance you can give as I figure out what I want to do now that we have this new Tradesy policy.
That is nice that they still gave you the funds for the jeans. They should really do the same for the sellers who they pulled the "too high market price" stunt on for their expensive bags without notifying them of the policy change.
I doubt they did it to be "nice," but rather, may have spoken to an attorney who probably told them they can't change a contract (which TOS is) without notice nor can they do it retroactively.
Yeah I meant it half sarcastically.
Yeah but giving buyers money plus return the items to those buyers isn't going to help Tradesy's bottom line.
My understanding is that the buyers were left with a site credit, so Tradesy was essentially keeping the money AND sending the item back to the seller. Buyers only get a full refund if the item was misrepresented. Items were not misrepresented, so buyers got a site credit, then later Tradesy decided they didn't want to hold on to the item to resell it (was taking too long to resell).
Holy Moly - had NO IDEA about this latest change and its a WHOPPER. Has a HUGE IMPACT and makes a HUGE DIFFERENCE. Another hit on small sellers. Almost all my items are under $150 and many are listed outside their suggested range because their idea of "fair market value" is ridiculously low, especially considering shipping and their HUGE commissions -plus how long they tie up your earned money. So essentially, they are basically saying ALL returns will go back to the seller and they will be reaching into your account for refunds. That is a TOTAL POLICY CHANGE. You would think they would have emailed sellers about THAT. They must really be hurting. When they increased commissions from 9% to 23% (including transfer fees) they should have spent the money on advertising for more traffic and fixing their search function instead of the "stylists" and other crapola. Man alive. They are heading for the tank. LOL.
