eBay seller acknowledges shipping profit.

"I haven't determined what that percentage amounts to..."

It.....doesn't.....MATTER. By the way, are you selling mostly loose coins or slabs? Or coin albums or coin folders? Tell me what you sell the most of, maybe I can save you (and others) some money on postage. Most of the items I buy could have been shipped for HALF as much as the Seller paid.

 

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I don't like it because not only are they punishing everyone for the bad behavior of a few, but they're profiting from it as well.

One has to admit though, from their perspective, an all encompassing final value fee is a very simple and effective way of curbing the fee avoidances that were happening. I wonder how much of a bonus the evil genius who thought it up was awarded.

 

Amen! If I pay .01 for an item and $100.00 for postage, my only concern is whether I got a decent deal for &100.01. Why should any buyer care about anything else?

 

I do care, because I buy most coins abroad and pay a lot for shipping. So I expect tracking, insurance, express delivery, etc. to be included when paying more than $5 for shipping...

 

As noted previously, should you decide to return the item, your refund will be $0.01.

Shipping to the buyer is not refunded under FeeBay's return policy. If the seller expressly offers something more in his return policy, then so be it. If you open a case for item not received or SNAD, then you will receive a refund on the original shipping expenses.

...but under a normal return, they would keep the $100 "shipping" fee, and only be required to return the $0.01 purchase price.

When I'm paying $100 for an item, it isn't a big deal to me if it's $95 + $5 shipping or $100 with free shipping, but in an extreme case like $0.01 + $100 shipping, it certainly does matter.

Also keep in mind that while they do charge final value fees on shipping, they do not award FeeBay Bucks for shipping expenses. With FeeBay Bucks, a $100 item with free shipping is actually $98 in the end. ($92 with a quadruple Bucks offer). The $0.01 + $100 shipping item will still be $100.01.

In the end, they are not saving any fees, they are potentially screwing their buyers out of most of a purchase price refund, and they are preventing their buyers from earning FeeBay Bucks. WooHoo! Sign me up!

 

There were people taking advantage of eBay by selling a $100 item for $0.01 with $99.99 shipping fees. It's too bad, but eBay was forced by those folks to charge a fee on shipping to put a stop to that practice.

 

When I dealt with eBay the higher the shipping, the lower the actual selling price. It all worked out in the end.

 

As Blaubart pointed out, it really doesn't "work out" in the end, due to the shafting you get on a refund. Nevertheless, it's relatively easy to game eBay and come out with a good deal.

One of the secrets is to find a dimwitted Seller who consistently spells keywords wrong, and whose items never show up in Search, cutting the competition way back.

 

One of my favorite ways to search is browsing by category and using "-" to weed out stuff I don't want to see. I come across a lot of poorly worded titles or misspelled words that I won't otherwise see.

 

Life doesn't need to be complicated. If you don't feel the shipping charges for a particular auction are fair, then don't bid on it!