eBay fees to go up again next month
piecesofme
Posts: 6,669 ✭✭✭
fee calculator
Link might not work with the example I pre-filled.
Select the Coins category (that's the category for bullion too)
Select Basic Store, Fixed Price format, $500 for the final value.
Select Standard shipping and enter $5.
You will see the difference in what it costs now vs. starting next month. Doesn't seem like alot, but multiply it by hundreds of thousands of transactions, if not more that will happen in a day just in this category, and you will then see the greed of eBay before your eyes.
Might not be worth having basic store anymore...don't forget they are charging you $16/month just to have the store. I guess it'll depend on how much you'd sell on eBay if it is worth keeping or not. If you don't sell much, the new flat rate of 10% and not having a store might be better.
Link might not work with the example I pre-filled.
Select the Coins category (that's the category for bullion too)
Select Basic Store, Fixed Price format, $500 for the final value.
Select Standard shipping and enter $5.
You will see the difference in what it costs now vs. starting next month. Doesn't seem like alot, but multiply it by hundreds of thousands of transactions, if not more that will happen in a day just in this category, and you will then see the greed of eBay before your eyes.
Might not be worth having basic store anymore...don't forget they are charging you $16/month just to have the store. I guess it'll depend on how much you'd sell on eBay if it is worth keeping or not. If you don't sell much, the new flat rate of 10% and not having a store might be better.
To forgive is to free a prisoner, and to discover that prisoner was you.
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I sell maybe 10-15 items a month in the $70-$700 range. Currently, depending on the fvf, my eBay fee would be as low as 4% with the basic store and discounts for being a top rated seller.
Now it's going to be a flat 7% fee no matter what the hammer is Still better than 10% but the greed and lack of competition they have revolts me.
I'll be moving to a basic store so I don't get bent over on the new higher FVFs on what I typically sell.
<< <i>I sell coins in the $1500-3000 range, about 10 transactions a month. I find it best to not have a store and to sell fixed price buy it now
I sell maybe 10-15 items a month in the $70-$700 range. Currently, depending on the fvf, my eBay fee would be as low as 4% with the basic store and discounts for being a top rated seller.
Now it's going to be a flat 7% fee no matter what the hammer is Still better than 10% but the greed and lack of competition they have revolts me. >>
eBay has been sued in the past as an "alleged monopoly". It's sure to happen again as they test the waters with ever higher fees. I see them pushing FVF to 15% for non-store owners over the next few years. They operate (effectively) as a unregulated monopoly. That means higher and higher fees for all who use their service.
Less money in your pocket (fees) means more money in ours (profits). It's the nature of the game.
For someone like you, it will be better for awhile, until they change the rules of the game again. I just wish there was another place that could be trusted and regulated (from within, I will give them that) that was as much of a household name. Amazon just doesn't cut it for what we mostly sell here.