eBay Shuts the Door on Ebook Auctions
There are some sa-a-a-a-d Powersellers out there this week.
According to Brian Burke, eBay’s Director of Global Feedback Policy, “To preserve the integrity of the Feedback system, effective March 31 all goods that can be digitally downloaded or transferred electronically must be listed using the Classified Ads format.”
They’re apparently doing this for two reasons:
- Ebooks can be easily reproduced.
- This can lead to feedback manipulation.
Okay so let’s not overlook the obvious… feedback manipulation does exist.
I’ve read ebooks where authors have suggested that you buy 100 cheap ebooks (under $1 each) as a tactic to raise your feedback score quickly. A new seller with 100+ feedbacks looks more reliable at first glance.
But it also works the other way around. Sellers also list a bunch of $.01 ebooks to boost their feedback rating as well.
However I’m having a hard time believing that feedback manipulation was rampant enough for them to halt digital product auctions altogether.
And then to only give 7 frickin’ days lead time is almost criminal to long-time sellers. (eBay JUST made the announcement on March 24.)
In any case, if you want to sell your ebooks on eBay you’ll have to pay $9.95 a month for a 30-day classified listing. It looks like you can still feature your ad, bold it, etc. Plus you can provide a direct link to your website.
But as Alan LeStourgeon over at Affiliate Confession pointed out, “Auctions excite people into making a buying decision, classified ads don’t.”
I agree. I’m an eBay shopper, and each time I’ve seen those classified ads I’ve scanned right past them. The whole countdown concept of an auction is what forces people into a faster buying decision.
So What Do I Suggest?
Your best option as this point is to paper-ize your ebook for the eBay market. And if your product isn’t suited for paper, then put it on a DVD or a CD.
If you’re selling cheap ebooks (under $1) , then obviously you’ll have to raise the price to $2-$5 to make it worth your while.
It’s a little more cumbersome. But it gives you the power to stay within the high paced auction game.
And if this announcement has just turned your financial world upside down, you have my deepest condolences…
A couple of years ago I created a report where I examined the completed auctions of a few Powersellers who were selling cheap ebooks.
One seller was making something like $3K a week – and all of the ebooks he sold were $1 or less. I was stunned.
I can only imagine how those sellers feel right now.
I virtually weep for you.
Filed under: Bullet Point
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I am really upset about eBay’s new move to get rid of digital content. I already pay eBay enough money to sell my digital movies. I have has pretty good luck with this new website http://www.zipidee.com. They are still in their beta mode but so far their service has been awesome. They let you see digital audio and video (i believe they are launching ebooks in the near future), but the best part about it is that you dont have to pay a thing until your content sells.
Count me in as one of the people that are currently re-tooling part of the business I’m involved in as a response to Mr. Burke’s announcement. The thing is, I’ve seen this coming a long way out — and I mean, there’s other springboard sites to choose from, it’s just that ebay is so well known (heck, Grandma Murphy knows ebay, and she’s 120 miles past “clueless computer user”) — so that makes it hard, but not impossible. I can’t beat the low overhead of selling information products.
Just for you, Alexis — I pulled out my copy of DBO again and ran some of my current batch of ideas through the DBO filter — definitely some winners and definitely some others that I need to think about some more, for sure.
This is so frustrating! EBay was a terrific place to sell my eBooks from. And I do feel for the people that make a huge income selling eBooks on eBay.
Instead of banning all of us, why can’t they just make it so you can’t leave feedback on digital items?
You are SO awesome. I love to women in this game. Found you from self made chick.com and just bought desperate buyers only–you put a total new spin on this info.
sorry meant to say “I love to see women in the game”
they shd have done that long ago