Amazon adds 5% fuel and inflation fee...will eBay do something similar?
U1chicago
Posts: 6,245 ✭✭✭✭✭
Did anyone see the news that Amazon is adding a 5% fuel and inflation fee for sellers that use their shipping services?
Anyone see eBay finding a way to have an inflation fee increase for sellers?
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Comments
My eBay buying and selling has gone to almiost 0
I just look there and then find the dealer elsewhere.....................
Mike
My Indians
Danco Set
eBay doesn't have a shipping service.
It has the global shipping program. But they might just increase those rates on the international buyers.
Regardless, an inflation fee is very possible-especially with Amazon opening the door.
Shipping costs in general are getting ridiculous.
USPS looks better every day.
Yes, you're right. I could see possible increases there.
Aside from international shipping, an inflation fee for what?
An inflation fee for helping the bottom line as costs increase for their employees and day to day operations.
A small fold up Priority box cost me 10 bucks to ship last week.
I thought about that after posting my previous comment. I suppose it's possible- gas has more than doubled in price in the last 15 months, eBay fees haven't done anything like that.
I don't use Amazon. I hope it isn't permanent thou for all sake though
I feel lucky. I just ordered 10 laser printer cartridges for my HP printer at a very good price plus got them with no shipping fee.
Might be time to stockpile more forever stamps?
USPS is increasing stamp prices:
https://about.usps.com/newsroom/national-releases/2022/0406-usps-new-prices-for-2022.htm
Life member #369 of the Royal Canadian Numismatic Association
Member of Canadian Association of Token Collectors
Collector of:
Canadian coins and pre-confederation tokens
Darkside proof/mint sets dated 1960
My Ebay
Prices on everything are rising quickly. This is an economic disaster, and recession is likely to follow. Cheers, RickO
If you need to raise prices, raise prices. Surcharges & extra “energy” fees smell too much like money-grubbing and taxes to me.
I already finding myself carefully considering any purchase. Do I really need this item? The answer is increasingly ... no.
But they use other shippers. DHL might do it, or USPS.
33
Number of posts before this thread becomes political
Isn't flat rate sill about $7.75?
There is a restaurant near me that posted a sign that they are adding these surcharges to bills unless you opt out: 5% for the kitchen staff to help make their salaries more equitable with the servers, and 2.5% for employees benefits.
That's an extra 7.5% added to the bill so the customers can pay for things the restaurant should be paying for itself.
And their menu prices are not cheap as it is.
Needless to say I've never been there.
This country survived the late 70's and early 80's, got a feeling we'll be fine.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
We will persevere, there will be some tough situations ahead for sure. However, tighten the purse strings, look for opportunities (they are always there), and keep a positive outlook. Better times will come. Cheers, RickO
shopped at** Costco** lately?
NO surcharges..just increased prices... some by 40%
covers everything I guess.. for times to come.
What do you mean just? The fuel adjustment surcharge has been the law in this country since 1974. Amazon and other companies are starting to apply the surcharge again.
Nobody can ship for free. Just because you don't see it doesn't mean it's not there.
"FREE POSTAGE" or shipping is a myth. The cost is built in to the product price.
Same for Sam's Club.
They're quickly losing any price advantage that they have/had.
Be a good time for refinery workers to go on strike.
I offer FREE postage....I just add the price of the postage to the sale price, as does everyone else who offers you "FREE" postage.
The Roman Empire said the same thing...right up until the barbarians were inside the gates.
And instead of one shipping charge that you can see for three items, there's three shipping charges you can't see for three items.
But... FREE SHIPPING!!!
Yes, free shipping is great until you buy multiple items. You can't combine "free" for a discount.
Yup. I sold 20 covers to a guy last week. I hid $1 shipping on each. So, he thinks he got free shipping but actually paid $20. Still only cost me $1 to ship.
I just passed on a coin. The coin was fairly priced so I put it in the cart, went to check out, and, $10.95 for shipping, a $140.00 coin
I shut it down
Edited to add:
If he would have set the coin price at $150 I wouldn't have looked at it, Just me!
Mike
My Indians
Danco Set
Contact the seller- many have a B&M and would be happy to eliminate the shipping charge if you pick it up in person.
Too far away for that
The point is, they suck you in with a fair price for the coin and then nickel and dime you in the end
I have another dealer that has great coins, you put the coin in the basket and wait for him to contact you. After he contacts you and says that the coin is available he then adds 3% for CC and outragious shipping. What once was a fair price is no longer a fair price!
I just don't like the way they do business.
Mike
My Indians
Danco Set
I didn’t use the word “just” anywhere
Insured ($140) first class package rate is $8.55.
Insured ($140) priority flat rate is $13.30.
Quoted price for shipping: $10.95.
At priority rate, you're getting a $2+ break, for first class, it's $2+ extra. $2.50 on a $140 sale is less than 2%- doesn't quite reach the level of nickel and diming, but that's just me.
I have to disagree. That is very common in the trucking industry. This way the price increase is only temporary. Would you rather it be permanent?
All valid points on the shipping costs, however, the dealer doesn't say how he is shipping the coin, just that shipping is $10.95.
I would just rather do business with dealers that offer free shipping and no hidden fee's. The price of the coin is what you pay, I get it that all the fee's would be included in the price but at least then you know if it's a good price for the coin.
Shipping has always been a problem, some companies charge outrageous prices and others are very good. One auction house (I'll not mention there name) charges outrageous shipping and I'm forced to put shipping on my purchases on hold this way I can get a break on the shipping charges. That means waiting for another auction and winning another coin so I can reduce the shipping, and combine the shipping. It's just a way to defray the costs of the coins
It's up to the buyer to decide weather it's fair.
I guess I'm looking for "transparency" !
Mike
My Indians
Danco Set
Ignoring more expensive services, Priority and First Class are the options available at the post office. Coin dealers don't get a special price- they pay the same as everybody else.
I don't know how disclosing how much you're charging for shipping is anything but transparent.
Did you play twister when you were a kid? Or still do
You can twist this around to suit your needs, I'm saying it took me to add the coin in the basket, THEN, find out the shipping charge. This is not transparent.
I'm done, lets move on..................
Mike
My Indians
Danco Set
??? That's how shopping carts work. You can't calculate a shipping charge until you know what you're shipping.
I said I was done but felt compelled to add this:
One example of what I'm talking about would be "Buy it Now" on the bay. It has the price of the coin, the shipping (If any) stated and no other fee's for the way you decide to pay. That to me is "transparent"
Done again
Mike
My Indians
Danco Set
Don't forget the sales tax. You have to go through most of the checkout process on eBay before you see the final total amount although it's easy enough to calculate for most people.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
That works if someone is only buying one coin. What if you're buying more than one? Some people do that, you know.
I disagree to your disagree.
It's stupid in the trucking industry too. Carry this to its logical conclusion........ If rubber prices go up, are we going to get a tire surcharge? A windshield glass surcharge? Spare parts surcharge? Liability insurance surcharge? Labor surcharge?
The various bits and bobs that are required to run any business go up and down in price all the time. Yet, somehow the market adjusts. That's what free markets do. If profit margins go down, you can either lower expenses or raise prices (or go out of business). If profit margins are huge, you will soon have additional competition..... so you better not raise prices too much. This is the genius of a free-market system. There is no guarantee that a "surcharge" is only temporary and there's absolutely no reason to think prices can't fall any differently than they can go up.
Price any 60" televisions lately? They're getting cheaper all the time. In inflation-adjusted dollars, the price of gasoline to drive one mile was 30 cents in 1980, 23 cents in 2012, and around 17 cents today. Cars are more efficient, yes, but the average worker in 1980 worked 11 minutes to earn enough to buy a gallon of gas ($1.25/gallon @ $6.75/hour). Today, the average worker works 9 minutes to buy a gallon of gas ($4.17/gallon @ $26.94/hr).
Fuel costs and inflation are continuously variable costs of doing business. Always have been. Businesses can figure it out.
Well...OK then. The last time there was a major surcharge was 10 or 15 years ago when diesel hit $5 a gallon or somewhere there abouts. How would you have liked you merchandise costs with those fuel costs figured in for the last decade +? You don't seem to understand the effects of high fuel costs on the bottom line of certain things. That is major! I owned an 18 wheeler and can tell you if there was no fuel surcharge or major increase in freight rates freight would have stopped. I know my truck would not have rolled!
I'm working under the assumption that I understand fuel costs just fine. You are working under the assumption that trucking companies can't figure out any other way to raise their prices to account for rising business expenses. Perhaps we're both right.
I don't think you realize how high a percentage the cost of fuel is in operating a big rig. You can't imagine how much taxes people are paying due to the amount of taxes on the trucking industry that are passed along to the consumer!
Honestly, what difference did it make what you call it? Add a 10% surcharge or raise the price 10%, you still end up paying/charging the same