New Ebay fees ......
EagleEyeKid
Posts: 4,496 ✭✭
Just got this email.
An important part of any business strategy is the regular evaluation of pricing structure. From time to time, we make pricing changes to correct unhealthy dynamics in the eBay marketplace, as was the case last July. Typically, however, we make changes on an annual basis at the beginning of the year.
Today, I'm here to tell you about fee adjustments for eBay.com and eBay Motors which go into effect on January 30, 2007.
Let me say that, while we believe these changes are modest, we consider any changes that may impact our sellers with great care. These adjustments are the result of careful analysis and we believe they're the right thing to do to keep the marketplace strong for our eBay.com and eBay Motors sellers.
Core Listing Fees: Auction-Style & Fixed Price*
Fee Type Item Price New Fee Current Fee
Insertion Fee Starting Price:
$1.00 - $9.99 $0.40 $0.35
Final Value Fee Selling Price:
$25.01 - $1000.00 3.25% 3%
*Does not impact Store Inventory Listings.
eBay Motors Vehicles Fees
The fees listed above will also apply to Parts & Accessories.
Fee Type New Fee Current Fee
Motorcycles & Powersports
Transaction Services Fee $40 $30
Cars & Trucks, Other
Vehicles & Trailers
Transaction Services Fee $50 $40
Motors Reserve Fee 0.1% of reserve price
($5 minimum,
$10 maximum) $5
To learn more about each of these changes, I invite you to read our Frequently Asked Questions and our eBay Fees Help page. (To learn more about Canada fee adjustments, please check the Announcement Board for eBay.ca.)
A Successful Online Holiday Shopping Season
As I've said many times, one of our most important jobs here at eBay is ensuring that we're driving buyers to the site. This online holiday shopping season was a big success, and I want to acknowledge the outstanding efforts this last quarter from our marketing team led by Gary Briggs. Our integrated "IT" campaign performed well for the second year in a row, reaching our targeted shoppers an average of 13 times per person.
In fact, according to Nielsen NetRatings, overall traffic to online shopping sites on the day after Thanksgiving (known as "Black Friday") grew 12% from last year--and eBay was the number one shopping destination that day with an impressive 7.5 million unique visitors. But the good news didn't stop there. This momentum continued through the weekend to "Cyber Monday" (the Monday after Thanksgiving), which has become associated with peak online holiday shopping activity. I'm pleased to report that Nielsen declared eBay the most visited Internet site that day, too, with 5.6 million visitors.
Of course, our shelves need to be well-stocked when the buyers arrive, so these results are testament to the partnership we have with our dedicated sellers. We can all be proud of our joint success in pleasing shoppers with whatever "IT" was this season.
More to come in 2007
Looking ahead at the new year, it's never been more important that eBay deliver value through our marketing investments, product initiatives, and Trust & Safety strategies. Times have changed from 11 years ago when we were a small innovative idea on the Internet. Quite frankly, some of the problems demanding our attention are more complex. But what inspires me every morning--and what I hope inspires you, too--is that the opportunities for eBay and its Community to succeed by celebrating what makes us unique have never been greater.
Later this month, I'll be addressing a group of eBay sellers who will be here in person in the San Jose area, and I'll be sharing some of our plans and priorities for the coming year. My keynote speech will be available via a recorded Webcast for our whole Community (more details will be available soon) and we'll be following the event with more announcements on specific initiatives. I think you'll find we're taking a surprisingly fresh look at some of the old challenges, and I'm excited about the road ahead.
On behalf of everyone at eBay, I wish you all a very Happy New Year.
Sincerely,
Bill Cobb (the biggest dick in America)
President, eBay North America
An important part of any business strategy is the regular evaluation of pricing structure. From time to time, we make pricing changes to correct unhealthy dynamics in the eBay marketplace, as was the case last July. Typically, however, we make changes on an annual basis at the beginning of the year.
Today, I'm here to tell you about fee adjustments for eBay.com and eBay Motors which go into effect on January 30, 2007.
Let me say that, while we believe these changes are modest, we consider any changes that may impact our sellers with great care. These adjustments are the result of careful analysis and we believe they're the right thing to do to keep the marketplace strong for our eBay.com and eBay Motors sellers.
Core Listing Fees: Auction-Style & Fixed Price*
Fee Type Item Price New Fee Current Fee
Insertion Fee Starting Price:
$1.00 - $9.99 $0.40 $0.35
Final Value Fee Selling Price:
$25.01 - $1000.00 3.25% 3%
*Does not impact Store Inventory Listings.
eBay Motors Vehicles Fees
The fees listed above will also apply to Parts & Accessories.
Fee Type New Fee Current Fee
Motorcycles & Powersports
Transaction Services Fee $40 $30
Cars & Trucks, Other
Vehicles & Trailers
Transaction Services Fee $50 $40
Motors Reserve Fee 0.1% of reserve price
($5 minimum,
$10 maximum) $5
To learn more about each of these changes, I invite you to read our Frequently Asked Questions and our eBay Fees Help page. (To learn more about Canada fee adjustments, please check the Announcement Board for eBay.ca.)
A Successful Online Holiday Shopping Season
As I've said many times, one of our most important jobs here at eBay is ensuring that we're driving buyers to the site. This online holiday shopping season was a big success, and I want to acknowledge the outstanding efforts this last quarter from our marketing team led by Gary Briggs. Our integrated "IT" campaign performed well for the second year in a row, reaching our targeted shoppers an average of 13 times per person.
In fact, according to Nielsen NetRatings, overall traffic to online shopping sites on the day after Thanksgiving (known as "Black Friday") grew 12% from last year--and eBay was the number one shopping destination that day with an impressive 7.5 million unique visitors. But the good news didn't stop there. This momentum continued through the weekend to "Cyber Monday" (the Monday after Thanksgiving), which has become associated with peak online holiday shopping activity. I'm pleased to report that Nielsen declared eBay the most visited Internet site that day, too, with 5.6 million visitors.
Of course, our shelves need to be well-stocked when the buyers arrive, so these results are testament to the partnership we have with our dedicated sellers. We can all be proud of our joint success in pleasing shoppers with whatever "IT" was this season.
More to come in 2007
Looking ahead at the new year, it's never been more important that eBay deliver value through our marketing investments, product initiatives, and Trust & Safety strategies. Times have changed from 11 years ago when we were a small innovative idea on the Internet. Quite frankly, some of the problems demanding our attention are more complex. But what inspires me every morning--and what I hope inspires you, too--is that the opportunities for eBay and its Community to succeed by celebrating what makes us unique have never been greater.
Later this month, I'll be addressing a group of eBay sellers who will be here in person in the San Jose area, and I'll be sharing some of our plans and priorities for the coming year. My keynote speech will be available via a recorded Webcast for our whole Community (more details will be available soon) and we'll be following the event with more announcements on specific initiatives. I think you'll find we're taking a surprisingly fresh look at some of the old challenges, and I'm excited about the road ahead.
On behalf of everyone at eBay, I wish you all a very Happy New Year.
Sincerely,
Bill Cobb (the biggest dick in America)
President, eBay North America
0
Comments
<< <i>These adjustments are the result of careful analysis and we believe they're the right thing to do to keep the marketplace strong for our eBay.com and eBay Motors sellers. >>
He is stating that RAISING FEES is helping the sellers?!?!? What are we, stupid?
Now substitute shareholders for sellers....ahhh!
Oh, I cant wait until there is a new player that gives some competition. Probably wont see it anytime soon. Until then, I pay the piper.
<< <i>Oh, I cant wait until there is a new player that gives some competition. Probably wont see it anytime soon. Until then, I pay the piper. >>
Very well said.
Hundreds of folks look at the Boards each day and there is an ever expanding audience for "cards for sale". I've done this a lot in the last year or two to great success and met a lot of great collectors along the way.
Let's all make a concerted effort to offer stuff for sale on the Boards, before we use eBay.
RayB
They should spend more money weeding out the scams on ebay. I've spent more time that I care with thier dispute resolution proces.
I am all for supporting another way to sell cards, I wish Beckett or Google would get their act together.
Why not grow your business by making your customers happy?!? There's a concept.
Weed out all the scams. Improve feedback so buyers can make better informed decisions. Innovate. Isn't that how any business improves?
<< <i>More to come in 2007 >>
Does this mean more fees? Great
Red
Looking for 81-84 Topps Stickers in PSA 9 or better, 81 Topps Scratch offs, 83 Topps Fold outs in PSA 8 or better, 83 Fleer Stamps and 81/86 Fleer Star Stickers in PSA 9 or better.
>
<< <i>I get your point Boopots but there are a lot of good sellers out there who just dont do the volume. Is that fair to them? It would have to be quite a good percentage for them to knock down their prices...actually, have a hard time seeing that happen because they will only look at it as widening their profits, which I find no problem with. I just dont think it would really do anything. Ebay wants that piece of the pie. >>
If you're not doing the volume then a $.05 listing increase on items listed with a starting price less than $10 isn't going to make a difference. Let's say you list 20 things a month. If ALL of them start with a min. bid under $10 then you're looking at an extra $1 a month.