You’ve got to love OnBuy marketing if you sell on their marketplace. Rather than bugging you to reduce your prices and offer deals that they can market to buyers, they’ve simply slashed their fees and used this to apply a discount across every single product that you sell.
Having discounted your products for you, they then popped up a message to let you know that OnBuy marketing is in full swing for Cyber Monday and that the price crash is now live. Their message is that if you see products selling at a lower price than you set then don’t be alarmed. OnBuy marketing will use the reduced sales fees to cover the difference and you’ll get the price you wanted.
Of course, if you have the margin to offer a Cyber Monday discount then you can offer an even better price. In this case you’ll still get the price you set but OnBuy will also discount your discount further and offset the additional savings for buyers with reduced fees.
“Once again we’re discounting everything across the website for one day only! As part of our Cyber Monday Price Crash event, we’re offering more than £45 million worth of savings to buyers!
If you see your products selling at a lower price, please don’t be alarmed – you’ll notice our sales fees will be reduced to cover the discount. All discounted orders will have a ‘discounted’ flag next to them on the Orders page in your Seller Control Panel.
Maximise your sales today with these two key recommendations:
1. Put forward your best prices using our Sale Price tool
2. Boost your listings to increase your visibility
We’re here to help today: if you have any questions or concerns, please don’t hesitate to reach out to our Seller Support team.”
– OnBuy Marketing
We have to say we love this type of site wide discount. For buyers there’s no need to check if a product is on special offer today on Cyber Monday because absolutely everything is a Cyber Monday deal. For seller, OnBuy are playing their part so all you need to do is have fabulous inventory listed on OnBuy at great prices and the OnBuy marketing team will do the rest.