[quote author=sherrand link=topic=3775.msg70963#msg70963 date=1214436017]
What a crock of poo. Stay tuned; I'll be back.Â
[/quote]
I've been staying tuned looking forward to some juicy stuff, but where did you go?
APB out on Sherrand
Quote:The cheerleaders' All Things Wagglepop blog has been reduced to reprinting endless variations on the "build it they will come"/"have hope things will get better" theme: The blog is now "Your Daily Motivation" 24/7.
The WP boards themselves have been reduced to something -- I'm just not sure what...Â
10 most recent topics on WP SmartSell Enterprise Merchants board Wrote:>OT Bank Robbery (xxxx) 0 29 Jun 2008 00:24
> Popper's Chain Game (xxxx) 1780 28 Jun 2008 23:37
> OT - Believe it or not...Men are Everywhere! (xxxx) 5 28 Jun 2008 23:29
> Kewl Goodies June 26th - June 30th (xxxx) 2 28 Jun 2008 23:11
> OT - stormy weather (xxxxx) 3 28 Jun 2008 22:49
> OT Come see the Kittens (lxxxxx) 4 28 Jun 2008 22:46
> How do you creat a friends page? (xxxxx) 4 28 Jun 2008 22:45
> Look what I did!! (xxxxxx) 4 28 Jun 2008 22:43
> Noah's new ark... (xxxxx) 2 28 Jun 2008 22:42
> OT Chicken Surprise (xxxx) 7 28 Jun 2008 17:54
Does anyone see anything even remotely resembling a business related topic in that list?
Quote:Does anyone see anything even remotely resembling a business related topic in that list?
Would you feel like talking about business if you'd only had 2 unique buyers in 2 years?
*warning: it's bash Magazine Cutout Guy Ray timeÂ
tolensmiley: *
[quote author=sneakymagenta link=topic=3775.msg70878#msg70878 date=1213819524]
Update---the final tally
Revenues $367
eBay Fees $292
PayPal fees $25
=======
Profit $50 before cost of inventory, labor
Sell through rate 5.6%
eBay and PayPal fees as a percentage of revenues:Â 86.4% <-- :blinkie:
[/quote]
How is it possible to pay 86.4% of your revenues in fees and to do it consistently for 2 years? We used eBay to sell off some returns, overstocks, and artwork in May and June. Our eBay fees were about the same as Ray's ($296 eBay fees plus $148 PayPal fees) but that figure represented only 7.8% of sales not friggin' 86.4%.
You'd think that after 2 years of barely breaking even when he sells Ray would finally get it through his hamster head that he needs to change the way he sells--but then again you'd also think that WP sellers who have only had 2 buyers in 2 years would find a different venue where they could actually make money and turn a profit. :
--end of bashing of Ray's selling abilities. Ray bashing always makes me feel better--Â
tolensmiley: --
Quote:You'd think that after 2 years of barely breaking even when he sells Ray would finally get it through his hamster head that he needs to change the way he sells--but then again you'd also think that WP sellers who have only had 2 buyers in 2 years would find a different venue where they could actually make money and turn a profit.
Rita Mae Brown: "The definition of insanity is doing the same thing, over and over again, but expecting different results." Also attributed to Benjamin Franklin, Albert Einstein and an ancient Chinese proverb. Amazing how crazy (and broke) one can get simply by doing "research."
Edit:
Quote:We used eBay to sell off some returns, overstocks, and artwork in May and June. Our eBay fees were about the same as Ray's ($296 eBay fees plus $148 PayPal fees) but that figure represented only 7.8% of sales not friggin' 86.4%.
My eBay fees represented 8.6%, a little higher than yours, Amy, but a whole decimal position away from Ray's.
[quote author=Designers Bargains link=topic=3775.msg71023#msg71023 date=1214742268]
My eBay fees represented 8.6%, a little higher than yours, Amy, but a whole decimal position away from Ray's.
[/quote]
With eBay and Paypal, my fees were about 15% of the total, but my average sale price was $10, so the insertion and Paypal $.30 took a bite out of the total... I would have never stayed there 5+ years with 86% paying eBay's fees, unless I sold cut out pages from magazines I found in my grandmother's basement. That's 14% net profit from a free piece of paper, and 10 seconds to cut it out. I worked my a$$ off to clear 20% profit (on a lot more sales though) and he cuts out his grandma's magazines for 14% on 25 sales a month. He isn't as dumb as the average boinktard... but his buyers are.
Also, I really wonder if he is accepting eBay payments with the Wagglepop Paypal account? If he is using a different Premier or Business account, he is in a major violation of Paypal TOS and can lose both accounts overnight. There is only one business/premier account and one personal account allowed per household. Maybe he registered it in Mark and Karen's names? Maybe Chris? That's false financial info and will get him booted as well.
If I could find anything of value to buy from Ray on eBay, I'd check it out for myself just to see who the payment goes to. But unfortunately, I keep my desk so filled with magazines from suppliers and businesses to find room for a magazine page from 1945.
Quote: There is only one business/premier account and one personal account allowed per household.
Per the TOS, yes. But in reality, no. I spoke to a PayPal sales rep this week regarding this. If they are 2 completely separate businesses, PayPal will let you have 2 different accounts. From what he told me, the frontline CS reps don't know this and it's done on a case by case basis. But, they're letting me do it with an LLC and a separate sole proprietorship. Ray may be a boinktard, but he's probably got his bases covered there.
First PS, now BB
WP is down to 6 showcase storesÂ
**********************
Hey Ray, are you trying to be the second coming of Plunderhere with these page load times tonight? Did you borrow PlunderMarktard's 3 tech teams?
Quote:Website test results
URL tested: http://www.wagglepop.com
Test performed from: Seattle, WA
Test performed at: 2008-06-30 21:53:34 (GMT -04:00)
Resolved As: 66.199.241.138
Status: OK
Response Time: 79.487 sec
DNS: 0.000 sec
Connect: 0.000 sec
Redirect: 0.297 sec
First byte: 78.760 sec
Last byte: 0.430 sec
Size: 68511 bytes
Quote:Hey Ray, are you trying to be the second coming of Plunderhere with these page load times tonight?
At least WP has a page response time--even if it is 79 seconds. Fillz went down about 30 minutes ago and I still have 27 more orders to process tonight. Â
EDIT: Fillz is back. See ya!
Quote:wagglepopCC2  19 Jun 2008 12:46   Â
Hello Wagglepop Members,
I have pledged to myself to be a little more active on the Community boards the second half of this year
He's posted once in the 11 days since he made that statement.
[quote author=amy link=topic=3775.msg71037#msg71037 date=1214884164]
Quote:wagglepopCC2Â 19 Jun 2008 12:46Â Â Â
Hello Wagglepop Members,
I have pledged to myself to be a little more active on the Community boards the second half of this year
He's posted once in the 11 days since he made that statement.
[/quote]
It's not the second half of the year until midnight! Maybe Ray will give up his side project "Marketshare" for an hour a day to grace them with Andrew's presence starting tomorrow... Or maybe he's too darn busy shipping all his eBay sales. Give the guy a freakin' break! He's got a whole 100 members to cultify!
Interesting info about Paypal... I don't think they'd let me do that though. Since I refused to pay back a fraudulent chargeback after emptying my Paypal account last year, they don't seem to want much to do with me. I keep a personal account for buying, since I have several bank accounts/cards, but they catch up and lock them after about 6 months. The one payment I accepted last year, they magically located me within hours and locked it immediately with a whole $6 payment in there. ;D