Here is the high level information regarding automatic approval book closures:
Approval books:
- no sales in 60 days
- placed on "Closing Soon" list
- IF no sale within 15 days of being placed on list, system closes book; or
- IF sales occur, then book remains on list until there are no sales for a 15 day period, then system closes book
Here is the entry from the Approval Books User Guide:
When there has not been a sale from an approval book in 60 days, the book is automatically identified by the system and placed on the "Closing Soon" list. The list is viewable from the menu bar in the Approval Books Section. The seller receives a message that the book will be closed by the system in 15 days from the notification date. If desired, a seller may place the stamps on sale to try to generate sales, manually inactivate the book to make changes to it, create a new book using the remaining stamps, etc.. When an approval book has been placed on the "Closing Soon" list it remains there until it is closed. If there are no further sales from the book, it will be closed in 15 days. If there are sales from the book after it was placed on the Closing Soon list, the book will be closed 15 days after the last sale in order to give more time for the seller to obtain some additional sales from the book.
Michael
Auctioneer
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A new process has been implemented where approval books that are not seeing any sales (under-performing), or approval books where sales have stopped will be automatically closed by the system.
Here is the high level information regarding automatic approval book closures:
Approval books:
- no sales in 60 days
- placed on "Closing Soon" list
- IF no sale within 15 days of being placed on list, system closes book; or
- IF sales occur, then book remains on list until there are no sales for a 15 day period, then system closes book
Here is the entry from the Approval Books User Guide:
When there has not been a sale from an approval book in 60 days, the book is automatically identified by the system and placed on the "Closing Soon" list. The list is viewable from the menu bar in the Approval Books Section. The seller receives a message that the book will be closed by the system in 15 days from the notification date. If desired, a seller may place the stamps on sale to try to generate sales, manually inactivate the book to make changes to it, create a new book using the remaining stamps, etc.. When an approval book has been placed on the "Closing Soon" list it remains there until it is closed. If there are no further sales from the book, it will be closed in 15 days. If there are sales from the book after it was placed on the Closing Soon list, the book will be closed 15 days after the last sale in order to give more time for the seller to obtain some additional sales from the book.
Michael
Auctioneer
5 Members
like this post.
Login to Like.