How to decrease high volume listing fees?
AnsweredBit new to all this. So weekly, I list around 600-800 items, and then probably sell roughly 10% of those items in a week. This results in a pretty significant HVL fee every week. Just wondering, if there are ways to decrease this HVL fee, that isn't already in the TradeMe faq... I've just purchased tradevine professional as I was under the impression it would allow me to list up to 5000 products without the HVL fee but am now wondering if I misunderstood the plans wording as it seems the 10c fee is still applying. I feel like there HAS to be a better way to do what I'm doing, as I see some sellers with thousands of listings... Any help on this is much appreciated, as I feel like I'm throwing a lot of money down the drain with these fees. Thanks.
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Callum Community Superuser
Hello Shannon. The sellers with thousands of listings will have brokered a deal directly with Trade Me. Especially the international sellers. When you see them with (in some cases) 100,000 listings and only a few sales per week you can do the math and figure out they aren't paying HVL fees......
Personally I haven't ever managed to hit the HVL fees. I try to keep a high sell through rate though. I usually have 300-500 listings and an allowance of 600-800
Make sure you are using MQL and MVL (multi quantity, and multi variance) where you can. These will count as one listing, and you can sell multiple products within that 1 listing.
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flossy63 Community SuperuserEdited
I use My Products, so you do not list over your allowance to occur fees as you can set it to stop at your allowance, I have a high sell through rate currently at 19% with an allowance of 605, you just have to work at it, as I recently had a break of 3+ weeks, and lost my Top Seller for 1 week, for first time for years, but had it back after 1 week selling again & got listing allowance back up again in a couple of weeks,
So not all my items are listed in same week, I let some close deactivated & relist other stuff parked in My Products, as those buyers who have just brought off you see new items, not the same items relisted week after week where they will lose interest, this keeps them engaged, and they will keep an eye on your listings for new stuff, there is a method to our madness, but what works for one does not work for all, I do not have multi quantity listings I prefer to let it relist if I have more than 1, as if someone buys multiples say 4 items on one multi Quantity listing it only counts as one sale, sell 1 at a time, each item sold counts towards your sell through rate,
You just need to work at it and find what works for you, to stop HVL, but if you currently have high level fees, to stop them you must let all your auctions close until you have nothing listed, then start again, so there will be no fees until you reach your allowance, This is a mistake a lot make, they think when they get listings down within their allowance after having listing fees, they can list more within their allowance & no fees, which is wrong,
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AJ Community Superuser
Your listing limit for the fees is calculated based on your last 6 weeks of sales. If you are selling that much, you will find your limit will increase which means you can list more without the fee being applied. As with flossy63, I also use myproducts and its great that you can set it to stop at your allowance and will automatically increase your listings as your allowance increases
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Interesting how this posting by Shannon and the answers remain on here but any questions complaining about the relist, sell similar, watch list and problems we are all experiencing, disappear. Why is that? We need to know why these functions are not working and when will they be operational again.
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Michelle
Trade Me staff - Community team
Kia ora James, if comments aren't relevant to the topic in the post they may get removed to help members find answers when they are searching. There are a few posts on the issues you mentioned. We try not to have duplicate posts - again to keep things easy for members to find. Any updates on the changes we are making to the site can be found on our help page.
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I hate with a vengance HVL fees, I never used to have them at all but since the last 1.5 to 2 years when sales have been terrible, I have to live with it and take the 10c hits.
For shannon, another way to avoid maybe to run multiple TM accounts on here so each has less listings so you dont hit the HVL. You need to get approval for this from TM, and the products in each store have to be different
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flossy63 Community Superuser
Don_ You cannot have Multiple accounts,
You can have one Casual account and one Intrade account, and you cannot sell your Intrade Items on your Personal account, you also cannot sell same Items on both accounts,
If you sell personal Items on Intrade accounts, you will be paying more fees in some categories and fees on shipping too,
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Flossy63. I am referring to intrade selling only, not personal accounts. You can have more than one in trade account as long as it is authorized by TM(many traders have this situation) and sells different items from the other intrade accounts
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flossy63 Community Superuser
Don_ Yes. but I was clarifying as when I read it first time it gave me impression, oh just open another account, which is wrong no, not so simple, and others may not read it correctly also and just go & open another account, which is a no no,
Yes, you do need Trade Me's approval to open a second Intrade account, But you did not clarify as another "Intrade Account"
But others out there will open another account make it Intrade when they are not, I have buyers using Intrade accounts, when they do not even sell, it seems some do it to circumnavigate the Blacklist or have bad feedback on their casual account,
As I often Question some of my Buyers accounts, years old no selling?, Why Intrade?, But one thing comes to mind they sell elsewhere outside Trade Me and take advantage of the Intrade Shipping on Book a Courier, yet pay no Trade me fees,1 -
What do professional sellers think about the compulsory ping payment?(no direct to bank account options)
I feel like this really is a slap in the face for loyal, long-term sellers and an underhand way to increase fees.
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Callum Community Superuser
Hello jbw3
You can go to this post for a more detailed discussion
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Hi there.
Just to confirm, do you have to be "In Trade" to have your listing allowance increased?
I've sold close to 30 items over the last 6 weeks with the highest week being 7 items, but my allowance has not increased. It remains at 50. Is this because I am not in trade?
Cheers.
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Gary-NZStocked Community Superuser
In trade or casual makes no difference to listing allowances. The allowance is calculated based on your best week in the last 6 weeks. In your case, you listing allowance is 7 x 5 = 35, which is below 50, so 50 applies.
In basic terms...To work it out, take your highest number of weekly sales from the past six weeks, then multiply by five.
Full help file also explains.
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Ahhh now I get it, thanks Gary.
The way I read it was that my highest week of sales ( 7 in this case ) would bump up my limit to 85.....the standard 50 PLUS 35 (7x5)
So to get my limit above 50, I would have to have a week of 11 sales, (within the last 6 weeks) and that would bump me up to 55? I think I've got it now.
Thanks again Gary, much appreciate :)
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Gary-NZStocked Community Superuser
Yep, that's correct re 11 gives you 55.
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