I just don't understand why ebay always sticks it to the sellers...

ajman

just an observation on my part. I recently sold an item for $1000.00 BIN, and pocketed about $906.00 after paypal and ebay fee's. That's a damn shame and you wanna know the real scary part? There ain't nothing that we can do about it. Except of course to decide never to sell on that venue anymore. If it wasn't for the sellers, there would be no buyers. So why does ebay stick it to the sellers, and why can't at least part of these fee's be passed along to the buyers? But alas I digress because I know that I will continue to sell there because of the convenience.

Greeniejr

Why do they do it....? Because they can.

ambro51

Now, think about it. Your item has WORLDWIDE exposure, the sale is guaranteed by paypal, the funds transfer is instant and easily available asap through the ATM.]]

all this for ten percent, not a bad deal, really.

LanceNewmanOCC

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find me another place to sell all that I do with world-wide advertising with millions of potential buyers all looking to spend the money burning a hole in their pocket and my advertising costs me pennies on the dollar, let me be the first to know, please.

also i am pretty sure you pay more % in fees with BIN vs Auction and also if you have a TRS account you get 20% discount and also if you sell certain dollar amount monthly you get additional discounts

there are many benefits to increase sales amounts and decrease fees, most people don't put the work in to learn so they sell for less and pay more in fees, still less that any other auction site i've tried and i've gotten considerably higher prices with very happy customers
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hope it helps those that read
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Casman

Actually BIN is cheaper than Auction format. 880 vs. 907 with a BIN.

Mitchell

I was just about to write what Ambro51 just said.

In addition: you get a clean, intuitive interface that seamlessly integrates the buying experience from searching to bidding and then finally to shipment. There are a lot of balls in the air behind the scene to make this all work. Try doing that all on your own. Worldwide.
Then compare how much any of the other auction houses in our hobby would charge you. Look how long it took them to come close to accommodating web-based bidding during the live-bidding sessions.

Is it fair value to charge you about 10%? I'd say think about how you would sell what you have without ebay. Could you have realized the $1000 without spending about $100 - (think about all your costs for marketing, payment, communication, etc.).

I don't work for ebay. But I've used it for quite a number of years now on a part-time basis and would have not moved the volume or generated the revenue that I have had without them. I think 10% as their charge for their services is fair and if my business couldn't accommodate that kind of charge for marketing and sales, I shouldn't be in the game.

amwldcoin

I often wonder why I try ebay at times. I am just starting to play with ebay again. I quit around 2000 after I did a test(Was a reasonably well established powerseller with perfect feedback). I listed almost all the 20th century keys...most graded for a very reasonable opening bid. I didn't sell a single coin! In less than 30 days I had sold 90% for at least $100 more than I started them on ebay for...most to other dealers!

I must say I don't understand how some sellers sell what they do at the prices they do! I usually work on a margin of 10-20%.....If I could buy coins cheaper...well...just doesn't happen! Ebay has simply learned over the years just how much of the profit they can squeak out....almost to the point where there is no blood left in the turnip!

derryb

<< <i>Actually BIN is cheaper than Auction format. 880 vs. 907 with a BIN. >>


On items that sell for $120-$2850, final valuation fees are cheaper than auction style format. Plus, you have option to require immediate paypal payment before the buyer wins the listing.

In my case the fees are still worth the convenience and safety.

Russ

<< <i>If it wasn't for the sellers, there would be no buyers. >>



This is a fallacy. Sellers are a dime a dozen; there are millions everywhere, all over the internet. It is buyers that are the precious commodity. If you don't think so, just check out any of eBay's many, many so-called competitors. They're all crawling with sellers who aren't selling anything.

Russ, NCNE

TURBO

No fun being on the other side of the "coin counter" is it.

comma

Anywhere you auction anything you are going to pay a large percent of the sale to the "auction house" (in this case ebay). A lot of places charge 20-30%, more than ebay.
Plus, you are 100% insured through ebay and paypal, so you're paying for peace of mind. You're also paying for worldwide exposure.
Their fees are all laid out, so if you're doing a BIN just charge enough to cover your fees. I always do BIN (haven't had one auction in 7 years of being on ebay) so I know what's gonna go down

habaraca

I do not believe that opinion.....

Just here 99% of the talkers are the sellers so we hear from ya'll more....

Tiny

I will agree with the exposure but world wide? How many sellers ship to other countries? There are
a few but I think the norn is No International Shipping or atleast that is what I have seen in a lot and
what I say in my auctions. It is hard to be a vester on the Bay what with the fees and all but if you are
a big seller you might have a chance if you have an eBay store and save on alot of fees. eBay is the only
real game when it comes auctions but it would be nice if like at the auction houses the buyer had to pay
a fee and shipping and I really wish eBay would start that and give the seller a break.

comma

<< <i>I will agree with the exposure but world wide? How many sellers ship to other countries? There are
a few but I think the norn is No International Shipping or atleast that is what I have seen in a lot and
what I say in my auctions. It is hard to be a vester on the Bay what with the fees and all but if you are
a big seller you might have a chance if you have an eBay store and save on alot of fees. eBay is the only
real game when it comes auctions but it would be nice if like at the auction houses the buyer had to pay
a fee and shipping and I really wish eBay would start that and give the seller a break. >>



I guess I meant you have worldwide exposure if you want it...and have FULL exposure throughout the whole country is also pretty big...
I don't know. I never had a problem paying fees because I know I wouldn't be able to make anywhere close to that anywhere else.

mingot

<< <i>

<< <i>If it wasn't for the sellers, there would be no buyers. >>



This is a fallacy. Sellers are a dime a dozen; there are millions everywhere, all over the internet. It is buyers that are the precious commodity. If you don't think so, just check out any of eBay's many, many so-called competitors. They're all crawling with sellers who aren't selling anything.

Russ, NCNE >>



We have a winner.

ebay charges sellers high fees because they deliver eyeballs to those sellers.

customers are the product. everything else is in place to procure more product.

Bochiman

I don't like paying all the fees either, but unless you can easily (or willingly do the work for it) do better elsewhere (B&M, coin show, etc), then you have to ask yourself "is it worth it?"

There are times I have sold to some of the dealers on the BST here because, after the ebay hassles, etc, it wasn't worth a few bucks extra. I trust Mitch and John (Wondercoin and MCM) and some of the others, so dealing with them is an option. But, for an individual coin, you have to decide what you want and how much work you want to do for it. Remember, you could try the BST here and, if you had it placed at $950 it may sell, but there is no guarantee.

OPA

For those of you that feel eBay Sellers fees are high, just wait till you try selling them through one of the Nationwide auction houses that charge a 15% or higher seller fee. Local auction houses charge as much as 20% sellers fees in addition to buyers fees.

golfer72

Ebay should be careful. Look whats happening to Netflix. Some idiot changed their pricing structure and the stock has dropped form over $300 to $7. You cant make this stuff up!

TwoSides2aCoin

My seller fees were $0.00 for the past month, which has only happened a couple months in nearly 120 months. Buying is the way to go.

LindeDad

I bet most shop owners wished they could get by on 10% fees total.
I'll reword that to keep cost down to only 10% of sales.

jt88

<< <i>If it wasn't for the sellers, there would be no buyers. >>



I disagree with this statement. I think it should be other way round. If there were no buyers there would be no sellers. As long as there are buyers you can always find sellers. It is just a matter of price.

comma

<< <i>

<< <i>If it wasn't for the sellers, there would be no buyers. >>



I disagree with this statement. I think it should be other way round. If there were no buyers there would be no sellers. As long as there are buyers you can always find sellers. It is just a matter of price. >>

LindeDad

<< If it wasn't for the sellers, there would be no buyers. >>

I have found that in many case if prices are right they are one and the same. Coin I sold today was bought by a guy that I bought a similar item from last week.

Frankcoins

If you do almost any level of business on eBay as a seller, an eBay store will quickly pay for itself many times over.

Auction Fees are 7.5% of the initial $50.00, plus 4.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance

PerryHall

<< <i> If it wasn't for the sellers, there would be no buyers. >>



..........and vice versa.

ponderit

Simple solution...
If you want to realize $1,000 in your pocket, make the BIN $1,090 or $1,100.... if it doesn't sell you're out the listing fee, small price to pay

astrorat

<< <i>

<< <i>If it wasn't for the sellers, there would be no buyers. >>



This is a fallacy. Sellers are a dime a dozen; there are millions everywhere, all over the internet. It is buyers that are the precious commodity. If you don't think so, just check out any of eBay's many, many so-called competitors. They're all crawling with sellers who aren't selling anything.

Russ, NCNE >>

Took the words right off my keyboard.

ebaytrader

<< <i>For those of you that feel eBay Sellers fees are high, just wait till you try selling them through one of the Nationwide auction houses that charge a 15% or higher seller fee. Local auction houses charge as much as 20% sellers fees in addition to buyers fees. >>



The cool thing is that the auction houses do all the work. On feepay, you do all the work and take all of the risk. Amazon charges sellers a flat 15%. The couple of guys that I know that sell on Amazon see it as a positive relationship. They also sell on feepay, and would leave, like we did, in a heartbeat if their business models weren't so closely tied to it. Feepay is charging more, delivering less in terms of eyes, buyers, and final prices; forcing the players onto an unlevel playing field, and running out of ideas if the phone call I got last week from an feepay exec means anything.

AnkurJ

I only sell stuff there that I am unable to sell elsewhere. Many coins I have had on my BST that havent moved, I throw on ebay. In some cases they sell for more, in most cases they sell for less. But putting stuff there at auction, I know and am prepared to take a loss. That is the name of the game I suppose.

TwoKopeiki

<< <i>I guess I meant you have worldwide exposure if you want it...and have FULL exposure throughout the whole country is also pretty big... >>



People should use traffic analytics tools before making statements. With World Coins I've been selling over the years, over 90% of all traffic come from ebay.com and less than 5% from ebay.ca, ebay.com.uk, ebay.es, or any of the other international sites. Analysing the traffic reports it looks like US and China are the two biggest numismatic markets for me, and I don't even sell US coins.

TwoSides2aCoin

A place to buy and sell. Good search engine. Safe pay option. That's about it.