sa330206
27-Mar(#1)Mercari really screwed up today with their new policy changes effective immediately.
-No seller fees (sounds great, you will see the catch below)
-Buyers can return items for ANY reason
-Buyers have to pay service fees now when purchasing items
-Sellers have to pay $2 per direct deposit to get their money
I'm out, I just pulled all my listings. You may want to consider doing the same unless you like getting scammed.
longhornsk57
27-Mar(#2)sa330206 wrote:> -Buyers can return items for ANY reason
Damn why would anyone use this platform to sell anything...
Foxhack
27-Mar(#3)Dammit there's a bunch of stuff I want to buy up there.
That direct deposit fee is complete bullcrap.
loztdogs
27-Mar(#4)I’d rather pay $2 for direct deposit than 13% of the sale. I agree I don’t like the idea that a buyer can process a return simply because they changed their mind. However, like eBay, you can always cancel a sale if the buyer seems sketch or they have little to no feedback… limiting the risk.
Foxhack
* 27-Mar(#5)WOW, this is SO MUCH WORSE than I thought.
Buyers have to pay a service fee
and a payment processing fee? They're nuts!
Foxhack
28-Mar(#7)This fudging bites, I had a bunch of things I wanted to buy from there. Hopefully they reverse all of this.
Porksta
* 28-Mar(#9)At the end of the day, the fees are a wash. If the lowest price on something is $15, I would list for $15. Now that the fees are on the buyer side, I will have to list things for $13 (as an example) so the buyers end up paying the same price. In the end I make the same amount of money.
I do not accept returns on my items. Now buyers can return for any reason. I suspect Mercari will pay for return shipping in all cases, but am not sure. I do not use Mercari labels so things tend not to go in my favor.
A $2 fee on payments is ridiculous. I have to pay to get my money? It still takes 5 days to get it? GTFO.
nonamesleft
* 28-Mar(#10)I'd like to think/hope that most people aren't looking to play funny business and return things for dumb reasons. I think that the average buyer wants to buy the item that they decided to buy. There are exceptions, unfortunately, but they're not the majority.
From a buyer's standpoint, the extra processing fee would be a turn off, but if it wasn't a huge amount, and I couldn't find the item elsewhere, then I think I'd pay it.
From a seller's standpoint, paying 2 dollars to make a direct deposit sounds better than paying around 13% per sold item. If an item sold for $100, and after let's say $5 shipping fees you made $95, another 2 for the withdrawal makes it $93. That's better than 100 - 13% - 5 for shipping (82).
I wonder how much the buyer service fee is. Will look it up after this.
To be fair, they're trying something new. There have been so many things in this world that when they were new people were convinced wouldn't work. Perhaps this will lead somewhere good.
Foxhack
* 28-Mar(#11)... why was my post with the tweet link spoiler warned as NSFW? It's just an image of the fees someone is getting for a $140 purchase.
Foxhack
* 28-Mar(#13)Wait, tweets embed for people here?
Edit: Also yeah that's fair that account user is completely crazy
Porksta
28-Mar(#14)First Yotta goes to crap, and now this. Everything I love is being ruined. At least GTZ April Fools is soon!
nonamesleft
28-Mar(#15)Porksta wrote:> First Yotta goes to crap, and now this. Everything I love is being ruined. At least
> GTZ April Fools is soon!
Wow. It's been a year since the fishing game? And two years since the rpg? Time flies.
Anxiouz
28-Mar(#16)I liked them originally when it was low key, more of a novelty for misc things, and didn't have all the fees. They've changed their fees several times now but it's never improved the overall marketplace experience for the buyers or sellers.
For every single item I've ever listed there, people have sent low-balls offers. There's a setting to not allow offers but it doesn't work. The extra costs are far too high for the quality of potential customers buyers get, and to shift some fees to buyers is just going to make the low-ball offer problem 10x. The buyers are swap meet cheap so adding fees + tax + shipping to the price is not going to work.
I had just sold a bunch of games there for my son so I have a decent balance at the moment. Had they given more of a heads-up I would have cashed out before the $2 fee. Now I need to wait for an item to arrive before I can get my money and leave the site.
theJaw
30-Mar(#18)nonamesleft wrote:> Porksta wrote:
>> First Yotta goes to crap, and now this. Everything I love is being ruined. At
> least
>> GTZ April Fools is soon!
> Wow. It's been a year since the fishing game? And two years since the rpg? Time flies.
Still miss that gosh darn rpg
Anxiouz
2-Apr(#19)They must have gotten lots of backlash on the $2 ACH fee. I got an email saying that there will be no direct deposit fee through April 3, 2024 at 11:59 P.M. Pacific Daylight Time. I just cashed out and there was no fee so you have today and tomorrow to get your money out without the fee.
Foxhack
3-Apr(#22)I got several things from that site before it imploded. My copy of Ghostbusters The Video Game for PS2 still has the paper insert from the trade I got it from!
Porksta
3-Apr(#24)Ah Goozex, the memories. I remember getting a Panesian NES game for 150 points ($7). Guitar Hero III complete with guitar, Oblivion complete with coin, Bioshock LE with figure...
I always laughed at the people who had tens of thousands of points, like what are you going to buy?
I also laughed at the people that said 1000 points was not equal to $60. Well, the website literally sells 1000 points for $60, so how do you value them?
sa330206
3-Apr(#26)I still can't view my profile. It just shows profile ID 0 and I can't edit it. I was still able to rate my last 2 purchases though. I can still see my username when looking at my inactive listings though. Guess they got mad I said in my profile I was leaving due to their horrible policies. Not sure if I'm banned or not, but it's a moot point.
benstylus
3-Apr(#28)Porksta wrote:> I also laughed at the people that said 1000 points was not equal to $60. Well, the
> website literally sells 1000 points for $60, so how do you value them?
Part of the reason they went belly up is because they started regularly doing specials and point giveaways, so the "actual" value of points in terms of what you could get with them kept going down and down, despite what Goozex said they were worth.
People with higher value games stopped listing them, and the folks with big point stashes cashed out and turned them into the best value they could on mid-tier games.
The users who had mid-tier games listed were then flush with points, and then burned through them on the lower tier games because there was nothing mid or high left.
And then those users still with points at the end kinda got shafted because there were points aplenty but no games.
Anxiouz
* 9-Apr(#30)I listed a game to see what would happen. I had the cheapest price for it I have seen anywhere, and as expected within 1 day: it had ~200 views and 30 people favorited...and I received 6 offers all for $10-12 less than I was asking (about 25% off).
So I may not pay fees to sell but I'll ultimately have to accept less AND the buyer could force a return if they simply don't like the game. So I removed the listing.
I then wanted to see what the fees would be for buyers but they don't show any of that until the final step of the purchase. But buying a $40 game might be $55 after shipping+taxes+fees. That's lose-lose.