How are sales of late?

I'm nearing 500 listings in my store and am buying and adding more every couple days, with the majority being Canada, and many mint (Queens excepted). However, I haven't had a single sale in over 3 weeks. How are others faring? I'm not bitching, or thinking about quitting ( I just bought some very nice stamps this morning), just wanted to see how others are doing. Thanks.
John O'Neil

Comments

  • 24 Comments sorted by Votes Date Added
  • edited July 2022 2 LikesVote Down
    Slowing down. Had a great month in June, but July this year is lowest sales level in months and quite a bit worse than the comparable month, year over year.... overall sales up YTD around 15% so I can't really complain but there is some concern. Just hope that this kerfuffle over fees... which is being played up as the "death of HIP" on certain forums, is not being taken seriously. Would be nice to see some pushback from management(as opposed to more Google generated marketing "emails") as I never hope to have to go back to Ebay. Please.

    My wife tells me to take a deep breath and focus on the overall trend. That sounds like sound advice. 9k+ listings currently... adding more to replace those sold while keeping it just under 10k... .. Keeping if fresh. Always seems to be a good way to go although I really don't understand the algorithm.

    In terms of real investment here, 21k+ positive feedbacks(some machine generated). Lots of work and fees paid. Let's hope that HIP is viable, because if it is not, I need to worry about sunk investment and fantastical ideas of moving the whole effort elsewhere. Great rhetoric. Scary reality.

    Bob
  • Bob

    Thanks for your thoughts. I'm with you on the same worry side. I can't imagine how you keep a 9k+ site going. I think it's very time consuming at approx 500. Do you specialize in anything?
    John
  • Isn't the summer normally slow?
    I went to a show last weekend, it was slow.
  • John

    I do specialize. That is how I decided to go when I started up my enterprise. Obviously others have their own way. My hope, at the end of the month, is to have around the same number of listings of where I started. Keep it fresh so to speak and understand that certain material turns over fast and other stuff takes time. It would be great if people would tell you exactly what they want but sometimes you just have to throw darts at the dartboard and hope you are right.

    Previously, I have spent time on Ebay and even developed my on website. I abandoned both of those for what I perceive, at least, good reasons. In terms of Ebay, it was just the constant shifting sands in terms of "enhancements" which were nothing more than increasingly ridiculous rules of engagement. In terms of my own site it was less expensive in some ways, but rather impossible to attract traffic and a real problem of making sure that the software worked. Lots of hassle... lots of tumbleweeds.

    I view HIP as a modern version of a stamp show. The fees are the price that I pay for my table. And as a booth occupier, I have to pay the "vig"(sorry I am a fan of Mafia movies). What I really care about is the ability to do business in what I perceive to be the a reasonable way with acceptable fees.

    It really is that simple IMHO.

    Bob
  • Sales are disastrous. Last summer in June I had exactly 100 invoices this year 30! July last year at the exact same time I had 37 invoices, this year I'm at 15! And contrary to last year, absolutely no European or Asian orders. In my case sales started slowing down after the arrival of the improved HipStamp...now I know why, approximately 5000 listings simply disappeared and as I was filling orders I didn't realize this immediately.
  • Jacques....that's amazing! And damned scary. Did you have to reload them all, and were you ever given an explanation?
  • John,

    Glad your not thinking about quitting. While sales for some might be down, my sales dollars for June this year vs last year were up $10 while the number of orders processed was down 22 to 136. I have not had an opportunity to list any new material for the several months, so I believe the number of sales would have been up or at least closer to last year had I done so. I'm seeing more new buyers and am selling stamps listed years ago at my original asking price, so I believe the HipStamps marketing program must be working. While I'm not happy with the increased store fees, I don't think that will bring about the demise of HipStamp and I'm here to stay. Keep adding new material and your sales will improve. Good luck.
  • I am slightly ahead of last year with 6,700 stamps listed. One reason, is that I try to list those countries that are currently in the news. I have found that this really helps. Simply selling what you like and collect may not be a strong seller at any given point. Pay attention to world news and find a good source from that area. It seems to work for me.
  • edited July 2022 2 LikesVote Down
    I believe I found one reason for my sales problem. I purchased the Unitrade Canada catalog a few months ago. As soon as I got it, I started subsequent listings as follows: "Canada, Scott/Unitrade #xxx". Apparently, this resulted in my listings showing up as a Unitrade #, vs Scott# (btw, the numbers are identical). So, if a potential buyer was searching for a particular cat#, they would have to specifically include "unitrade" in the search. So, the fix is to edit those (many) listings and deleting the word Unitrade. However, as I posted in another thread, my edits were not going through. I rec'd a response from Hipstamp (Ynez) that they were aware of the problem, and were working on it. Well, this morning I continued the edits, and it appears the problem has not been corrected. Even though I caused my own issue, the inability to correct it totally infuriates me. I'm about one short inch from closing and go elsewhere. Grrr.
  • Update....it was suggested I double click the save button. That worked. FYI for anyone else having same problem.
  • John O'Neil In the headline I just use the Scott Catalogue number, but in the write up portion I stay some thing Like " Scott & Unitrade # blah blah blah" . There are more buyers at Hipstamp familiar with Scott numbers than Unitrade numbers. I also try to be sure to mention date issued and denomination for those using SG, Facit, Michel, etc so hopefull they can figure out what they are buying/bidding on.
  • John O'Neil. Sorry for delay in answering. I'm relisting one by one and this creates a nice problem my sales are going up because of my "new" listings, but slowly. Yes I did get an answer, but with the mention that I would still have missing items and worse duplicate items. So with something like 20,0/25,0 I just didn't pursue the experiment and I'm relisting, since end of May I relisted 2200 items....I got approx. 3000 more to go. The good thing is that I'm finding stamps that I skipped or different varieties.
  • Love all the positive feedback here! I too plan to stay just got to work out all the kinks on my end and work threw them using my cellphone till I get a computer for faster production to help me in the mean time I found a app that helps me take away the catalog searching Google searching time and simply take a picture of a Stamp and all the info I need for a listing is there within Seconds then just gotta add it all to a new listings very less stressful and more informative for any buyer's new to the hobby or professional!
    Sales wise Last month I did not bad considering my small scale atm this month nothing but I plan to fix that before end of the month with some Juicy New Listings with the best of the best information to boot please if I ever list something that is incorrect can you message me so I can make the appropriate changes thanks but I will be doing the best to my knowledge Keep on Stamping yall funnest Hobby I Found Kinda worse then addiction to me I blame my Gram but in a good way who I inherited her year born Stamp set 1953 total of 12 with the information about the stamps next to each got them framed above my bed as a dream catcher works like gold and to me those stamps are priceless!
    Since then I been a true Stamp Addict going from 12 Stamps to well over 1,000,000+ literally got a little of this a lot of that kinda deal going can't wait to list more stuff for yall to gander at! God Bless and Remember Have Fun while you Stamp!
  • My sales are down dramatically and it all started when hip stamp changed their front page to eliminate the link to let people view all of the auctions for worldwide stamps. Now you have to search for a special country or a special area and it's very difficult if not impossible to just look at all of the auctions. This makes the platform almost worthless for a general worldwide collector or worldwide seller. My Auction Sales have dropped almost down to nothing. And it happened the day of the instituted this change. I pointed it out to hipStamp and they don't give a damn. I'm starting to list on Delcampe and eBay a lot more and having much better results there so I will probably be quitting Hipstamp in the very near future
  • With well over 100,000 stamps listed, ever since the DAY that HipStamp announced the increase of store fees, our daily sales have come to a CRASHING HAULT! Our sales are down to less than 20% of what we would deem as normal!

    Oh, and did I also mention that Andrea has placed thousands of stamps on sale! one of the greatest sale discounts to date on HipStamp!

    We are not very pleased, and Andrea has come up with a DRASTIC plan of action, once our Annual Dues Expire!

    We are NOT looking forward to that day! Neither should YOU!
  • Why do you suppose your sales would go down because of the announcement? Doesn't make sense. After almost a 4 week drought, I finally sold a few stamps on Friday, but I'm still a bit puzzled, and worried.
  • The problem with HipStamp and the sales being down is that whenever you go to a new page it takes up to 25 seconds for the page to load and that has to do with the new items they put at the right hand side of the header and I have up to 200MPS download speed.
    I have been saying this since they made the changes and it has not been fixed.
    I am sure it is probably slower for people that have slower connections and I am also sure that it is turning people off.
  • I’m still here. I’m still buying. I have not had any problems. But I’m sure I’m the exception.
  • Bill it depends upon the time of the day as to how fast a new page loads. Currently it is taking 2 to 3 seconds with my 5.5MPS download speed. Later in the day it will take longer, maybe 5 or 6 seconds, but never 25 seconds for me. Probably the reason for slower later in the day being more users on line at that time.
  • edited July 2022 1 LikesVote Down
    Thats crazy. 6 seconds or longer is huge indication of major problems with servers or programming methods. If i was paying a company for servers and it took that long i would be screaming. I will state i had a site and a simple pre cache system retrival with all items stored on my servers size reduced pre loading decreased load speed by 100%. This is a programming or data base problem most likely.. like the Ebay sync issues.. the programing on this site is questionable. :-) no one else has these issues! (other sites) eventually with a site held together with chewing gum.. it completely falls apart. when the size reductions are done on your computer other than at hip stamp.. this takes a lot of time depending on your computer's graphics card. pre caches eliminate the problem. this is why the time difference in people's download times. personal i have a custom built modern 2022 gaming computer with SSDs so it is instant. very few people have gaming computers. i mean this is a stamp site and they should not need one :-)
  • Bill,

    Have you tried cleaning out your browser cache? (Sometimes I have found that that can be problem if you haven't cleaned it out in while.)
  • Michael,

    I clean it out every night before I shut down and yes I am sure the cache gets loaded by the end of the day.
    This should not be happening and it does not happen with any other site just HipStamp and like I said if other people are having this problem I am sure they will not stick around since they probably do not know how to clean their caches.
    The site should be neat and clean and the garbage up on the right of the header is the culprit.

    When I come on the site in the morning a page will usually load in 5 to 10 seconds and then it slows down as the day drags on.
    This is a programing problem and not a very good one.
  • edited July 2022 2 LikesVote Down
    Amid all this kvetching, have any of you considered that the covid mojo juice has finally run dry? There are other factors, certainly, summer is always bad at first. Inflation worries? Perhaps for some. Quality will always sell. But the interest from the covid stay-at-home period has just run its course, and many of the new customers have moved on or gone back to the office or they are just happy with what they have and it is time for other stuff.
    As for myself, I'm still buying and I ran a tally earlier today. Since the first of July, I have spent $450 at this site. I really need to cut back, however.
  • Well I got it back to working like it is supposed to do, I just blocked all of the new garbage that they put on and it works fine now.
    Unfortunately many buyers will not know how to do the blocking.
    A sad state of affairs.
Sign In or Register to comment.