Found a new info Ebay Store page

This is a page within my ebay store that talks about costs and other information when you own a store. I am not a dealer, I am actually a pharmacist as some of you know but I thought those without a store may find this interesting. I makes me sad to see 16% the overall fee.....
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Comments
Yikes!
That's been around for a long time it was just in a pie chart before.
that is VERY deceptive. They include shipping costs in the 16%. The minimum shipping cost is about $3. For inexpensive items, shipping costs are sometimes 50% or more of the purchase price. Look at the one on September 4th. It looks like it's 90% shipping fee.
I sell a fair amount of under $10 items and ship everything through eBay. My percentage is usually between 9% and 10%.
Of course, PayPal is another 3% or more.
If you sell an item with shipping for $3.99, the shipping cost will be about $3. If you have a store, the FVF will be $0.24. That will show total cost as 3.24 out of $3.99 which is 81%. LOL.
In fact, if you also include the PayPal fee which is $0.30 + 2.9%, that's another $0.42. So, the total cost of the $3.99 item is $3.66.
If you sell a $10,000 item on eBay, the total fees (including PayPal) are $650 which is a very reasonable 6.5%. If you sell a $100,000 item on eBay, the total fees (including PayPal) are $3350 or a lousy 3.3%. A real bargain. But the bargain gets worse as the sale price gets smaller.
Still the best deal in town. IMHO Even if you are running 16% because of inexpensive items, the next cheapest outlet would be GC where it could cost you over 100% for items. Sell a $4 item on GC and it will cost you $5.40 to do it - although they will pay the shipping. LOL.
Honestly, you'd have a hard time selling all those under $50 items on BST for less. A $50 total purchase on BST would have $1.50 PayPal fees plus $3 shipping for a 9% total. Sell a $25 on BST, PayPal is $0.75 + $3 shipping and you are at 15%. Go under $25...well, you get the point.
All comments reflect the opinion of the author, evn when irrefutably accurate.
It's also worth pointing out, on $184 in sales, you couldn't pay rent on a B&M. And even a privately hosted website would cost you $30ish per month+3% paypal which would be more expensive with fewer eyeballs.
Viva la eBay.
Enter @coinstartled LOL
@errorsoncoins to follow immediately after.
All comments reflect the opinion of the author, evn when irrefutably accurate.
Although your point remains coherent, those are the net selling costs. My selling costs are around 10% all in, which is not too bad.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
I stopped printing shipping labels through eBay for inexpensive items around 2 1/2 years ago. WAG, 1,500+ shipments later and two were never received (which can also happen if you use tracking, BTW). This cost me $25 in refunds but I saved $3,000 on shipping. Kind of a no-brainer for me. Ok- so I'm not a top rated seller anymore due to lack of tracking, but the discount on eBay fees wouldn't come close to what I saved on shipping. YMMV, as always.
Not touching this one with the Mods ban happy!
I've found this to be true also.
I tried that for a short time, but I didn't like giving stuff away for free. Just about every item I shipped that way the buyer filed an item not received claim.
I have 2 accounts. One for stamps which ship 1st class , the other for coins. You can sneak a raw coin through 1st class but technically it is supposed to be a package.
Whether the discount is worth it or not depends on your price point.
All comments reflect the opinion of the author, evn when irrefutably accurate.
As long as it's under 1/4" thick, it doesn't have to be a package- it can go as a letter. No sneaking required.
edited to add, from the DMM:
1.0 Physical Standards for Letters
1.1 Dimensional Standards for Letters
Letter-size mail is:
a. Not less than 5 inches long, 3-1/2 inches high, and 0.007-inch thick. For pieces more than 4-1/4 inches high or 6 inches long, or both, the minimum thickness is 0.009.
b. Not more than 11-1/2 inches long, or more than 6-1/8 inches high, or more than 1/4-inch thick.
c. Not more than 3.5 ounces (First-Class Mail letter-size pieces over 3.5 ounces pay flat-size prices).
d. Rectangular, with four square corners and parallel opposite sides. Letter-size, card-type mailpieces made of cardstock may have finished corners that do not exceed a radius of 0.125 inch (1/8 inch). See Exhibit 201.1.1.1.
It definitely needs to be under a quarter inch. But the hard coin itself isn't clearly allowed in a first class LETTER. I've gotten a few back claiming they need to go parcel, although most go through.
All comments reflect the opinion of the author, evn when irrefutably accurate.
Sure it is. Again from the DMM:
1.0 Physical Standards for Letters
1.2 Nonmachinable Criteria
A letter-size piece is nonmachinable if it has one or more of the following characteristics (see 601.1.1.2 to determine the length, height, top, and bottom of a mailpiece):
d. Contains items such as pens, pencils, keys, or coins that cause the thickness of the mailpiece to be uneven; or loose keys or coins or similar objects not affixed to the contents within the mailpiece. Loose items may cause a letter to be nonmailable when mailed in paper envelopes; (see 601.3.3).
Oh, I know what it says. Lol.
All comments reflect the opinion of the author, evn when irrefutably accurate.
Yep, it says coins are allowed if the envelope is under 1/4" thick. I've dropped them off at the counter on occasion, and sometimes, the clerk will pull out his cardboard gauge with a 1/4" slot to check if the envelope fits through. Never had one rejected.
edited to add... I have no doubt that acceptably packaged coins get rejected at the letter rate. All USPS workers don't know all the rules, so it's bound to happen.
edited once again... At a post office I used to frequent, one of the clerks would refuse to allow me to purchase insurance for anything in a #10 envelope using the logic that, if it's in an envelope, it's a letter and you can't insure letters. I talked to the postmaster, bringing a printout of the DMM to make my case and she said "Well, that's just Bob. Why don't you go to a different clerk?" How can you argue with that?
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Those are net sales fees, but as you all know it is hard to make money on what for the most part is readily available coins with a few treasures scattered in without taking a hit on the common coins here and now.
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transactions with cucamongacoin, FHC, mtinis, bigjpst, Rob41281, toyz4geo, erwindoc, add your name here!!!
Sorry, you are correct. I stand (well, sit) corrected.
All comments reflect the opinion of the author, evn when irrefutably accurate.