Hey, received it via email since I had a bunch of things listed in the vault before the eBay shutdown but I assume it will be public very soon if it isn’t already.
People out here thinking they paid the same ~10% as them lol.
I was going to say this. PWCC wasn’t paying anywhere near what us little guys do so it isn’t like they are saving much at all if anything especially since they’ve gotta run the platform that eBay used to do all the work for.
Sooooo is PWCC doing auctions right now or have they not started on their own platform yet? Trying to decide if I should make an account on their site. I don’t really want to bother until I know they will start doing auctions.
September 1st is when they will list all fixed price listings that were previously on the vault marketplace. I don’t know whether they will allow users to start listing cards in the flash auction by then. Their FAQ just says that flash auctions will be available soon.
Still not on managed payments? It’s capped at $287.5 for the first $2500 of sale, then there is a 2.35% fee for the rest of the sale over $2500. I’d still rather sell with PWCC so I don’t have to deal with the risks of eBay, but that will now depend on how well their platform will perform.
But their previous prices also came with the exposure offered by ebay.
People complain about ebay fees all the time but the value is definitely there because larger market = more competition = better prices. Yes the numerical difference is only 2% but to their customer, they are now offering a lower quality product due to the restricted exposure. It would be the same situation if I wanted to open my own auction house. It doesn’t make sense for me to charge something comparable to ebay when I’m trying to grow a customer base and I’m offering a service far below the standard offered by ebay (or at the very least, a service that is not established).
I’m on managed payments, plus have a standard store subscription. I thought fees were around 11.5% all in, with a max final value cap of $350 and no cap on their 3.3% payment processing fee.
People can always just list the PWCC scans on eBay themselves while also having items up in the vault as well. The only things really affected by all this are auctions and cards you wanted/needed to flip rather quickly to make a profit. Might take a loss on those selling via PWCC auction, because I don’t think it’s too far off to think that many of those were bought by “casuals” browsing eBay that might not have a dedicated PWCC account.
12.35% up to $7500. I have the basic store subscription. I think I’m at around 11.5% due to top seller or whatever status they call it. Either way, not enough savings from PWCC to be worth the lack of exposure at this time. Maybe if their user base really picks up in the next 6-12 months.