Is it worth it to have an eBay Store?
Geoman
Posts: 2,491 ✭✭✭
With a few recent threads discussing the pros and cons of having a website, I thought I would start a new post here discussing the pros and cons of an eBay Store. I myself have thought about an eBay Store, but so far I haven't done it. I read once some of their fees, etc and decided at that time it wasn't probably worth it.
Please share with us what you think are the pros and cons for an eBay Store. For example, do you need a large number (ie: >100 items) in your store to make it worth while? How much are the fees? Do they drop down for certain levels?
Do you think an eBay Store with 1,000 items price between $1 - $50 is worth it? Or maybe the eBay Store is more suited for only 100 items priced over $100 each.
Please share with us what you think are the pros and cons for an eBay Store. For example, do you need a large number (ie: >100 items) in your store to make it worth while? How much are the fees? Do they drop down for certain levels?
Do you think an eBay Store with 1,000 items price between $1 - $50 is worth it? Or maybe the eBay Store is more suited for only 100 items priced over $100 each.
0
Comments
as one who has an ebay account only to satisfy one of my hobbies i wouldn't.
As an eBay Store owner, you'll pay the monthly subscription fee corresponding to your Store level.
Learn more about the benefits of each subscription level.
Subscription Fees
Store Level
Fee
Basic
$15.95 / month
Premium
$49.95 / month
Anchor
$299.95 / month
Store Inventory format basic fees
As an eBay Store owner, you'll have access to an additional listing format called Store Inventory format. Use this format to list your items at a set price, so buyers can purchase items immediately (no bidding).These listings have a longer duration and lower Insertion Fees but have limited visibility compared to the Online Auction and Fixed Price formats. If your item sells, you also pay a Final Value Fee.
Note: Store Inventory listings appear in your Store with other regular Online Auction and Fixed Price listings. They also appear in certain circumstances on eBay.com search results pages.
Insertion Fees
Starting or Reserve Price
30 days
Good 'Til Cancelled*
US$0.01 - US$24.99
US$0.05
US$0.05 / 30 days
US$25.00 - and above
US$0.10
US$0.10 / 30 days
*Good 'Til Cancelled listings will be charged the relevant fees every 30 days.
Note: The Insertion Fee covers a single listing(with any quantity of items in the listing), whether you list 1 or 1, 000 of the same item. For example, you have a listing with 10 items for $5.00 each. The Starting Price for the listing is $5.00. The Insertion Fee for this listing would be $0.05 per 30 days regardless of the item quantity of this listing.
Final Value Fees
Closing Price
Final Value Fee
Item not sold
No Fee
US$0.01 - US$25.00
10.00% of the closing price
US$25.01 - US$100.00
10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the remaining closing value balance
US$100.01 - US$1,000.00
10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the initial US$25.01 – US$100.00 (US$5.25), plus 5.00% of the remaining closing value balance US$100.01 – US$1,000.00
Over US$1,000.01
10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the initial US$25.01 – US$100.00 (US$5.25), plus 5.00% of the initial US$100.01 – US$1,000.00 (US$45.00), plus 3.00% of the remaining closing value balance (US$1,000.01-closing value)
I sold a good amount through it, but the fees ate up a lot.