Part of being a successful eBay seller is to keep tabs on the competition. Right now, it looks like US sellers offering goods on the eBay UK site are giving up and heading for the hills. Just this week, 3 sellers that I follow have closed their stores. One is no longer a registered user – POOF – just disappeared. One seller even added a note to all of her store pages explaining that she won’t be offering her products on eBay UK, or worldwide, due to a weak conversion rate.
It doesn’t have to be this way! Granted, the USD …read more

The value of the dollar against the GBP just keeps dropping. Today the rate is less than 1.5. According to XE.com, the conversion rate is 1.47. The rate last November was 1.9. If your eBay UK pricing and shiping rates are still based on 1.9, you’d better spend some time changing them or your profits will substantially suffer.
Some sellers are temporarily closing their stores to make the conversions, or to wait out the recession and see what rates do. Click here for more details on adjusting your UK pricing – unless you just like working for free.
[Image Source: Flickr]