Ebay to charge FV Fees on total INCLUDING shipping....
Classof67
Posts: 1,502 ✭✭✭
Effective July 6. (From the AuctionBytes blog)
GREAT BST transactions with Wondercoin, segoja, moderncoinmart, notwilight, wingsrule, 123cents, fivecents, hunted, alohagary, ibzman350, WTCG, sonofagunk, amigo, coincoins, dcgolfer, chumley, nycounsel, tootawl, guitarwes, kimber45ACP, Zubie, Egger, RYK, 1tommy, EagleEye, NEFPROLLC, jmdm1194, Coinfolio
0
Comments
-Paul
Would be nice if ebay adjusted their fees and not just pocketed this extra money. Yeah, right. LOL.
Lance.
<< <i>Had to happen because of all the cheaters.
Lance. >>
You're missing the point. Ebay wants me to pay an extra 10% to them on my cost of shipping. I spend about $4000 yr on shipping. Should I have to give ebay an extra $400? The "cheaters" are really just trying to deal with the high ebay fees and frankly, I don't see much cheating going on. What I see instead is ebay forcing many of us to use "free" shipping by marketing it as a positive to the buyers. Last I checked USPS, UPS, and Fedex are not currently offering free shipping so where am I supposed to go for this service?
I just checked out ioffer.com this morning. Much lower fees. I may start selling there. --Jerry
Since we started selling on ebay many years ago,
I decided, in an attempt to differentiate myself from
all the other sellers (and especially the sellers who
always overcharged for postage/shipping charges)
that we would pay for all postage fees/insurance fees,
and NOT charge the winning bidder.
"What you Bid is what you pay" was an early statement.
It probably cost me a little bit, but over the years I built
up a pretty good following on Ebay, and I've been very
happy with the results.
Alot of bidders appreciate not getting charge excessive
amounts - and with my material, I can afford to absorb
$3-$4 or so on most lots.
<< <i>
<< <i>Had to happen because of all the cheaters.
Lance. >>
You're missing the point. Ebay wants me to pay an extra 10% to them on my cost of shipping. I spend about $4000 yr on shipping. Should I have to give ebay an extra $400? The "cheaters" are really just trying to deal with the high ebay fees and frankly, I don't see much cheating going on. What I see instead is ebay forcing many of us to use "free" shipping by marketing it as a positive to the buyers. Last I checked USPS, UPS, and Fedex are not currently offering free shipping so where am I supposed to go for this service?
I just checked out ioffer.com this morning. Much lower fees. I may start selling there. --Jerry >>
I haven't seen any service offering free shipping either. Is eBay run by politicians??
BTW you’ve all been having PayPal take that bite forever I think.
At some point the captured and increasingly alienated customer base may find a cheaper alternative. IMO, eBay is ripe for some competition to their virtual monopoly. They are a fat and inefficient company with a poor record of taking care of their customers, IMO.
This latest announcement is yet one more step down that path, IMO.
I'll agree with that 100%. I got my first and only neg after 8 years from a guy with less than stellar feedback who lied. Ebay would do nothing about it.
Does this "news" only apply to Ebay stores?
Knowledge is the enemy of fear
I just checked out ioffer.com this morning. Much lower fees. I may start selling there. --Jerry >>
I just went and checked out ioffer. Interesting. I wonder what kind of traffic they get.
John
My Ebay Auctions
Seller- thebigeng; morgansforever; bolivarshagnasty
Buyer-nibanny; derryb; zubie; smittys; konsole; tootawl; socalbigmark; fullcameo; coinkid855
$50 sale:
Old FVF - $4.38
New FVF - $4.05
$100 sale:
Old FVF - $6,38
New FVF - $5.91
Russ, NCNE
<< <i>
<< <i>Had to happen because of all the cheaters.
Lance. >>
You're missing the point. Ebay wants me to pay an extra 10% to them on my cost of shipping. I spend about $4000 yr on shipping. Should I have to give ebay an extra $400? The "cheaters" are really just trying to deal with the high ebay fees and frankly, I don't see much cheating going on. What I see instead is ebay forcing many of us to use "free" shipping by marketing it as a positive to the buyers. Last I checked USPS, UPS, and Fedex are not currently offering free shipping so where am I supposed to go for this service?
I just checked out ioffer.com this morning. Much lower fees. I may start selling there. --Jerry >>
No, I'm not missing the point. I'm merely pointing out that it puts an end to playing games with shipping fees. Yes, there's plenty of it, though maybe not as many extreme cases as years ago. Here's one.
It is your decision whether you want to sell on ebay. If you don't like the fees go elsewhere. I suspect the traffic on ioffer is a little lighter than ebay's.
Lance.
Russ, NCNE
<< <i>
<< <i>Had to happen because of all the cheaters.
Lance. >>
You're missing the point. Ebay wants me to pay an extra 10% to them on my cost of shipping. I spend about $4000 yr on shipping. Should I have to give ebay an extra $400? The "cheaters" are really just trying to deal with the high ebay fees and frankly, I don't see much cheating going on. What I see instead is ebay forcing many of us to use "free" shipping by marketing it as a positive to the buyers. Last I checked USPS, UPS, and Fedex are not currently offering free shipping so where am I supposed to go for this service?
I just checked out ioffer.com this morning. Much lower fees. I may start selling there. --Jerry >>
In the end ebay is just making the costs higher for buyers, the sellers won't be taking the hit on fixed price items, auctions on Ebay these days is a major gamble for honest sellers.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
It's a great time to be a buyer on Ebay. I became a member in 95 or 96 I think. As a buyer, I was screwed out of over $3k in coins by two
sellers. Back in the day when there was no buyer protection. I don't want to go back to them thar days. I did some selling up until about 2002, when I grew tired of wrapping packages and usually loosing money.
Now, I'm paid 2% in Ebay bucks, while the sellers are happy to be charged 2.9% just to be paid quickly. I earn 3% from Mr. Rebates, and another 2% from my Credit Card. That 7% adds up to me. On top of that, many times I don't even have to pay for the shipping and Insurance. I'm able to buy slews of specialty items 15% +/- below what I can sell them for off of Ebay. I have a very quick turn-around on what I buy, Seller's go out of there way to ship to me really quickly. I'm making about a 20% profit margin more or less, as a buyer on Ebay. The items I buy are very liquid off Ebay if you have the right connections.
Besides that, Now I get a lot more respect from Ebay, if a seller sends me items that aren't perfectly as described, I can very quickly get my money back with very little effort. I've found that Ebay believes my side of the story, they've taken my sides in every conflict so far. This new found hobby I enjoy isn't coins. I LOVE BEING A BUYER. Sometimes I get real cherries that the seller misdescribed and priced.
I do sympathize with you Sellers though, but I much prefer this new Ebay.
We already cannot pass along to the buyer the cost for insurance, and have to pay it ourselves or be responsible for the entire amount if a package is lost.
The only sellers who can make a living under such conditions are selling stolen, counterfeit, or defective items.
<< <i>I guess they are tired of people trying to use shipping to avoid fees. This way they don't have to harass sellers for overcharging on shipping to circumvent fees. Unfortunately this is one of those cases that if people followed the rules, they would not have to add this rule. >>
If this is about "fee avoidance," why can ebay keep us from entering more than $3 shipping when we sell a DVD (even if it is a box set) , but ebay can't stop someone from entering $500 shipping for a 99 cent i-pad?
<< <i>One way to get around it is to not charge shipping.
Since we started selling on ebay many years ago,
I decided, in an attempt to differentiate myself from
all the other sellers (and especially the sellers who
always overcharged for postage/shipping charges)
that we would pay for all postage fees/insurance fees,
and NOT charge the winning bidder.. >>
Why would you want to "build in" a profit for eBay on
a service that THEY DO NOT PROVIDE?
<< <i>Publicly traded companies are expected to increase shareholder value through increased earnings. Earnings are increased through decreasing internal costs and/or increasing profit and/or increasing revenue. eBay has consistently used increasing profit (i.e. costs to buyers and sellers) as a path to increased earnings.
At some point the captured and increasingly alienated customer base may find a cheaper alternative. IMO, eBay is ripe for some competition to their virtual monopoly. They are a fat and inefficient company with a poor record of taking care of their customers, IMO.
This latest announcement is yet one more step down that path, IMO. >>
I agree. We have the "frog in the boiling water" scenario. At some point, the frog will jump out of the pot.
eBay's relentless war on the small sellers is now driving me to consider whether I want to continue using the site for either buying or selling.
I have a few items up for sale now in order to use up a credit balance. Once that credit is used up ...
I sure hope the frog gets out of the pot.
Ebay is a tool to drive people to your website. People have told me that ebay drives less than 5% of the internet sales. I don't know if this is true--but the guy who told me does about 20k / yr on ebay and over a million on his website.
B/M
the bourse
written publications.
You've got to be doing all of them in this economy.
<< <i>
<< <i>One way to get around it is to not charge shipping.
Since we started selling on ebay many years ago,
I decided, in an attempt to differentiate myself from
all the other sellers (and especially the sellers who
always overcharged for postage/shipping charges)
that we would pay for all postage fees/insurance fees,
and NOT charge the winning bidder.. >>
Why would you want to "build in" a profit for eBay on
a service that THEY DO NOT PROVIDE? >>
Does "because I thought it would result in more profit from WHAT I PROVIDE" seem an unreasonable answer?
<< <i>iOffer is a joke in more ways than one. No traffic, and if you think there's fraud on eBay, you ain't seen nothing yet.
Russ, NCNE >>
Russ,thanks for the tip. I'll wait. --jerry
<< <i>Before you people get all whacko over this, you should crunch the numbers. The average coin seller will actually see a DECREASE in costs, whether or not they charge shipping - assuming that shipping charge is not excessive. Quick examples using $3.95 shipping:
$50 sale:
Old FVF - $4.38
New FVF - $4.05
$100 sale:
Old FVF - $6,38
New FVF - $5.91
Russ, NCNE >>
So they are lowering the rate? Ebay is great at psychology. My guess is they will raise them back soon. --Jerry
Quote:
"Starting April 19, Standard Auction-style fees will be changing. You'll be able to list FREE at any start price--up to 50 items a month. Plus you can add the Buy It Now option FREE to grab those buyers who don't want to wait for your listing to end. In short, you can now list even your higher priced items free--pay only [when] if it sells."
- Jim
1st thing... if you dont do 400 auctions per month, you are not important to them
2nd thing....ebay is changing the rules because they want to be more like amazon with sellers who sell product not collectors...re read #1
<< <i>Ummm, errr, if you read eBay's new "free listings and even add a BIN to it for free" policy carefully, you'll notice that they also slip in the words "pay only if it sells". So the "list free" thingie is great if you are someone who just enjoys seeing your coins pictured on eBay without caring if they sell or not. However, if you're like most sellers, you hope/want your items to actually sell, and the second they do you'll hear the loud "Snap" or "Got'cha" sound of the trap closing around your wallet and the "whoosh!" sound of your (formerly) "free" listing fee disintegrating into thin air!!
Quote:
"Starting April 19, Standard Auction-style fees will be changing. You'll be able to list FREE at any start price--up to 50 items a month. Plus you can add the Buy It Now option FREE to grab those buyers who don't want to wait for your listing to end. In short, you can now list even your higher priced items free--pay only [when] if it sells." >>
There's nothing underhanded about that , the benefit is clear.If an item doesn't sell there's no charge and if it does sell any seller expects a fee from any auction house.Another bonus is a seller no longer needs to be a powerseller to get the 20% , a top seller get's it now.
So there is no longer a benefit to selling high priced coins....
I AM GETTING TIRED OF EBAY
<< <i>Ummm, errr, if you read eBay's new "free listings and even add a BIN to it for free" policy carefully, you'll notice that they also slip in the words "pay only if it sells". So the "list free" thingie is great if you are someone who just enjoys seeing your coins pictured on eBay without caring if they sell or not. However, if you're like most sellers, you hope/want your items to actually sell, and the second they do you'll hear the loud "Snap" or "Got'cha" sound of the trap closing around your wallet and the "whoosh!" sound of your (formerly) "free" listing fee disintegrating into thin air!!
Quote:
"Starting April 19, Standard Auction-style fees will be changing. You'll be able to list FREE at any start price--up to 50 items a month. Plus you can add the Buy It Now option FREE to grab those buyers who don't want to wait for your listing to end. In short, you can now list even your higher priced items free--pay only [when] if it sells." >>
Think of it as a free clasified ad. If it doesn't sell at YOUR start price, nothing lost. If it does sell, you got your minimum acceptable price and shouldn't mind the listing fee. You determine the minimum acceptable price (start price).
No Way Out: Stimulus and Money Printing Are the Only Path Left
<< <i>
Think of it as a free classified ad. If it doesn't sell at YOUR start price, nothing lost. If it does sell, you got your minimum acceptable price and shouldn't mind the listing fee. You determine the minimum acceptable price (start price). >>
You make a fair point Derry.
- Jim
My own business (GreatCollections) is launching next week after some delays with finishing the technology. Fee structure will be simple to understand and best of all, we do all the work. That is one thing that annoys me about eBay - they are charging these high fees and the seller has to do all the work and takes on all the risk.
- Ian
Owner/Founder GreatCollections
GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
<< <i>despite Russ' examples anyone knows that eBay is a "for profit" venture so someone-somewhere-sometime will end up paying more to cover the changes. i'm of the opinion that starting eBay was a stroke of genuis but along the way from there to here Greed has taken over. >>
People who sell lower value heavy, (costly to ship), items take it in the shorts. For coin sellers, (and this is a coin forum), the change saves a little money on fees. Thus, there's no real reason for all the wailing and gnashing of teeth that's going on here. At least not on this particular issue.
Russ, NCNE
<< <i>You guys may not be aware, but ordinary people can sell on Amazon.com. And while not an auction venue, it gets as much exposure as Ebay. You might want to try putting a few items up for sale and see what happens. >>
Good luck trying to sell coins on Amazon. In fact, good luck even getting approved to sell coins on Amazon.
Russ, NCNE
<< <i>Didn't you use to get 100 free listings a month if you were not a store? So why are they making a big deal out of lowering it to 50? >>
The difference is that the 100 free listings were for auctions starting at less than a dollar. The 50 free listings will be for any start amount. If one is selling high dollar and not willing to risk true auctions, the savings adds up to more than under the previous. Previous = $10. New = up to $100.
Russ, NCNE
<< <i>
<< <i>Didn't you use to get 100 free listings a month if you were not a store? So why are they making a big deal out of lowering it to 50? >>
The difference is that the 100 free listings were for auctions starting at less than a dollar. The 50 free listings will be for any start amount. If one is selling high dollar and not willing to risk true auctions, the savings adds up to more than under the previous. Previous = $10. New = up to $100.
Russ, NCNE >>
so again, eBay is pushing more stores and less auctions?