Is Brexit Uncertainty Impacting Online Sales?

by: The End

Jeff Bezos , owner of Amazon, is a member of the "Dirt Cheap", whilst stuffing his own pockets.
It is This type of person that needs to be eliminated from the economic landscape in order for life to become better for us.

by: FeelingFroggy

Congradulations to the people of the UK for finally pulling up their boot straps and facing their own future.....

Instead of being told what to do by Germany they can now do what they think is best for them.

You go United Kingdom Happy freedom days. Scotland will be next.

by: Bloggo

Scotland wants to stay in the E.U.

by: Philip Cohen

It's not all over till the fat lady sings; the BREXIT referendum is not binding; the ultimate decision for the UK to leave the EU still resides at Westminster, and the vast majority of the elected members of that body are opposed to leaving ...

By the way, it's been reported that Herr Drumpf was unfamiliar with the term "BREXIT"—LOL ...

by: Rexford

There is also a petition to push forward a new referendum. It's a very divisive issue that doesn't seem to be going anywhere soon.  

The people have spoken however...the horse is out of the barn.

As how it would impact sales, with the fall of the pound sterling, it might actually bring on some cross border sales.

by: mcposty

No one needs to be in the EU or the UN or any other cockimany group

by: Shop and Ship

The currency fluctuation following BREXIT will impact exchange rates for purchases on eBay, Amazon, etc. An item listed for 50 Pounds Sterling ($1.478) $73.90 on Wednesday will now be shown at ($1.325) $66.25. That's fine if the Seller bought the item from a second hand shop; but if the item was purchased new from Hong Kong or Paris then the price may need to be adjusted upward to reflect the new restocking cost. Otherwise the Seller may be left holding the bag.  

by: The End

Bon voyage to the New World ODOR.
What a stupid idea That was.

by: Ming the Merciless

I stopped selling to the UK a few years ago because of the unjustifiably high International First Class shipping prices, high import duties resulting customers abandoning parcels in UK Post Offices, and mandated astronomically expensive return shipping costs to sellers. I also believe ebafia's global shipping program is a monumental rip off for both sellers and buyers.

I don't see any of the above changing as a result of Brexit.

Britain will likely go into a recession which would decrease business even if I still sold to them.

Until ebafia makes all buyers -- especially international buyers -- FULLY responsible for their buying decisions including paying for return shipping if a parcel isn't picked up and develops an HONEST Global shipping program, the number of countries I ship to will continue to dwindle.

by: RKTOYS

The UK is one of the few countries that I actually ship to.  But, like Ming said, postage rates have made sales to collectors there a non-starter.  Even Canada, barely 500 miles to the north, is prohibitive.

Funny how these phony trade deals subsidize imports on our dime but we can't catch a break on exporting.

by: Clothing Seller

Brexit is the most insignificant "news story" ever when it comes to doing business with eBay.  It's a non-issue.  Our issues are that we are micro businesses trying to operate on the backs of large corporations and crooked government officials who are being blackmailed by the Chinese government.  Until things like Brexit happen, the new world order will always keep greed a #1 priority at the expense of those deemed less significant.

by: baconsdozen

We voted to leave the EU because of too much uncontrolled immigration and because we dont like bossy,arrogant bullies telling us what to do. The one time politicians (like the war monger Blair) and his cronies now getting all excited about another referendum etc should remember the second point.
In reality Brexit makes buying goods from the UK cheaper in real terms,postal rates etc are irrelevant really for sellers,all of you will pay the same charges so if you cant sell then thats your fault. The British have always fought best when they are up against it. I'm glad my countrymen stood up yet again against domination by a foreign power,remember,a long time before all this EU malarky it had the worlds biggest navy and an empire the largest in history. We dont have to ask anyones permission to stand on our own two feet.

by: Philip Cohen

@baconsdozen,

Funny, many of the U.S. states feel the same way about the U.S. Federal Government—"interfering" in the business of the states at every opportunity. Do you think that any of those U.S. states also should try the same thing—again?

Just like eBay "interferes" in the business of all the sellers trying to make a living thereon—It's the American way—LOL ...

But, by all means live in the glory of your long past empire, if that makes you feel any better ...

by: Rexford

If eBay profits are short in the next quarter I feel pretty confident that they will blame it on Brexit.  :)

by: Volvo351

In my case, no. eBay has made it so expensive and risky to sell internationally that I no longer bother.

by: RKTOYS

"postage rates are irrelevant so it's your fault"
Insane postage rates are every bit as relevant as high fees and poor visibility.  If you can't understand that all of that is built into prices, don't come here and lecture us.

by: LasVagueness

If I lose any business over Brexit I will consider it my contribution to 'the cause.' Haven't felt this passionate over European politics in decades.  

by: Chicago48

I only ship internationally to Canada.  No effect on my sales.

by: Moonwishes

There is more to selling to those in the UK that is a consquence of the Brexit. The US stock market has dropped well over 800 points in the last two market days since the vote. When people see the stock market falling they may tend to not spend on on-line purchases depending if something is a want or need.

As to how the Brexit thing has effected our sales individually, I think it is hard to determine why we might or might not have sales. My June sales always tend to be low, but has the slowness of the last few days been because of Brexit, or regular slowness or what, no one can really know. For those that want or need something to blame for poor sales I guess they can always blame it currently on Brexit.

by: Flying Childers

People like PC should stick to commenting on e-commerce rather than engaging in political discourse and other topics which they obviously know nothing about.

Baconsdozen got it right about Brexit and Trump happens to be the only candidate out there who understands how our businesses are being destroyed by China.

Your idols HRC and the other commies are all about the New World Order that is just another dictatorship bent on destroying Capitalism.

By the way, that is what our small businesses are all about- Capitalism.

But I assume to much to think that the know it alls have actually read any books on history or economics.