I “choose to advertise” at 9% aka “Basic” to be seen on Google Shopping.
Otherwise there is no value to Bonanza as it has no shoppers.
We use it solely for the 9% Basic Google Shopping.
This is under [Selling] > [Advertise Items] > [Advertise] > [Broadcaster]
Without that we can’t waste time here.
This email reads like you will add a NEW 11% FVF to my optional 9% “choose to advertise” rate.
That is a total of 20% FVF. Plus $20 a month as we have over 1,000 listings which are going down to 49 to avoid erroneous listing fees on an empty shopping site. Again, the 9% Google Shopping is the only reason we are here.
Now, there is a chance they are so bad at communicating that they meant to say they are eliminating “Choose To Advertise Economy 3.5%” and pushing “Choose To Advertise Basic 9%” to a new lowest tier of 11% for Google Shopping and calling it a new 11% FVF.
But that is not what we see. We see 11% FVF and you may choose to advertise on top of that which is doubling the fees to 20%.
Your terms are broken. Are we “advertising” or we paying a “Final Value Fee”? Or are they now 2 separate fees adding up to 20%?
Answer us.
If you are eliminating Economy and pushing Basic to 11%, OK I will still drop down to 49 listings though.
What can you do to save yourselves?
Drop the new listing fees or increase it to over 5,000 listings, change Advertising Fee 9% Basic to 11% for Google Shopping and we have an acceptable deal. Understandable.
Doubling to 20% for same service, we’re out.
Anything else you are out of your mind and need to fire whatever CIA plant gave you this bad small business destroying idea. YOU being the small business getting destroyed in this case.
You still have a massive SEO problem. How can you even think of listing fees with stuff like that? Go see my other thread. You should be bending over backwards to fix that before anything else.
I repeat, 9% Google Shopping to 11% Google Shopping, no crazy listing fees and fixed basic SEO. We support you. Anything else we assume you are trying to destroy yourselves. Did some kind of private equity firm take over? Would make sense.
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Thank_You_Cards Reputation: 171 See Thank_You_Cards' booth |
Yeah, adding listing fees for a site with so little traffic—that’s the nail in the coffin. I always assumed Bonanza was sticking around because they are still making money getting new sellers to pay extra for all those “terrific” services they offer that do nothing to help them sell more.
We have been hanging in here on this site, waiting and hoping Bonanza would start improving, but instead, they are trying to milk even more out of sellers for a site that gets no buyers. They are claiming even with the changes, Bonanza remains one of the most affordable online marketplaces, but what they don’t say is they remain one of the lowest selling online marketplaces.
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ToysofAnotherTime Reputation: 22 See ToysofAnotherTime's booth |
1 Comment
so everything else is going up, all of us are barely getting by and now a site that barely gets any sales wants to add fuel to the fire. No thanks I deleted all my listings. It must be nice for Quincy to collect his big fat check on the blood sweat and tears of us sellers. Not cool Quincy you are just like every other CEO that comes along and bleeds the sellers dry with all your ridiculous changes!!! I understand it cost money to run this site but considering how it has not been promoted right all these years and still is unknown they clearly do not know how to make the promoting dollars work so definitely dont want to pay more until I see results!!! You’re Not even letting everyone ease into it slowly. When I talked to Quincy a few months ago I was encouraged cause he said great things are coming But yeah for him not us sellers. Lost respect for him once again!!!
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Elizavella_Designs Reputation: 124 See Elizavella_Designs' booth |
I would need clarification too on the FVF.
If the advertising rate is going to 11%, fine, that’s doable. The problem is [URL removed]
“$0.25 + 11% of FOV for standard booths (or whatever advertising percentage you have selected; i.e, 9%, 13%, etc)”
So if I choose a 9% advertising fee, then it’s only 9%???
The 25¢ fee per sale for sellers without a membership plan, that’s understandable too. Also a seller who already has a monthly/annual membership would not have to pay the listing fees. All of this seems like a way to push the memberships. I get that.
But they do have to pay $14.99 just to start a booth? Could this be credited off the first month membership?
Way too little thought went into this I think, and to make it worse, 2 days of posts on here with zero responses from anyone with Bonanza is not a good look at all.
Edited to [URL removed] I really expected someone, anyone from Bonanza to come on here and give an update today. Not only was the news dropped Friday afternoon, but now zero clarification.
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GravityVideo Reputation: 128 See GravityVideo's booth |
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Asked: 5 days ago
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