New Ebay Fee Structure in March

Discussion in 'Coin Chat' started by Mat, Jan 26, 2010.

  1. Mat

    Mat Ancient Coincoholic

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. rlm's cents

    rlm's cents Numismatist

    Their announcement page is not working at the moment.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Another example of e-bay greed:(
     
  5. borgovan

    borgovan Supporter**

    There is actually a small chance that this could induce me to start selling on eBay again. I will have to do more research to find out what they're not telling us, but this seems less distasteful than before.
     
  6. Clinker

    Clinker Coin Collector

    Thanks for the "Heads Up."
     
  7. Shoewrecky

    Shoewrecky Coin Hoarder

    Great news: Starting March 30 the upfront cost of selling on eBay will be dramatically reduced for sellers of all sizes with our lowest Insertion Fees ever. Whether you’re running a business or selling to earn extra cash, choose from a range of options designed to make your selling easier and more profitable:
    Choose the option that’s best for you:
    1. New “eBay everyday” standard rates: List Auction-style FREE—pay only if it sells
    The new eBay standard rates are perfect if you sell occasionally.
    • List up to 100 items a month Auction-style free—no Insertion Fees—when you start your Auction-style listing under $1.
    • Get new, lower Insertion Fees for all other start prices.
    • Either way, pay one easy Final Value Fee of 9% of the winning bid—and never more than $50—pay only if your item sells.
    • List in Fixed Price for 50¢ with Final Value Fees mostly the same as today
    2. New eBay Stores subscription packages: Fixed Price with full search exposure as low as 3¢ plus great low rates for auctions
    The new eBay Stores subscription packages are the right choice for most sellers with 50 or more listings a month:
    • List in Fixed Price with full search exposure for as low as 3¢ Insertion Fees with Final Value Fees for the most part the same as today
    • Get FREE pictures
    • Get deeply discounted fees on Auction-style listings
    Only one Fixed Price format
    “Full search exposure” is key because starting March 30, there will be just one Fixed Price listing format on eBay. Store Inventory Format listings will automatically become regular Fixed Price listings with the same duration and renew at the new rates—and surface in search results right along with all other listings.
    Subscribe or upgrade your subscription early and save!
    We want to make sure you have plenty of time to get ready: Use the handy Fee Illustrator to determine which option will be most cost-effective for you. Then subscribe or upgrade now with no additional monthly fee until April.
    BUILDING BUYER CONFIDENCE—NEW EBAY BUYER PROTECTION PROGRAM
    • We’re making a big move to bring buyers and keep them on eBay with the new eBay Buyer Protection program. All over eBay, the message to buyers will be loud and clear: “eBay’s got you covered,” so buy on eBay with the confidence and satisfaction you expect from a trusted retailer. As always, direct communication between buyers and sellers to get issues resolved will continue to be encouraged.
    • The eBay Top-rated seller badge also ensures quality service and keeps buyers coming back. More and more of you are now enjoying the benefits. U.S. sellers can also now qualify for Top-rated status in more countries.
    MORE UPDATES TO BOOST SELLER EFFICIENCY
    • Sellers in eBay Motors Parts & Accessories will be able to create one listing with a complete list of compatible vehicles—a huge saving in Insertion Fees and time.
    • You’ll be able to list multiple variations of a product in one Fixed Price listing in many more categories.
    • Return policy and handling time will be required for new listings and re-listings in eBay Motors Parts & Accessories in June—editing tools make updating listings easy
    • Category and Item Specifics changesare also coming with the rest of these updates.
    In keeping with the commitment started last year, we’re continuing to consolidate changes that impact your business into two or three major releases a year. Get details on all the updates coming in the spring 2010 update, including the new fee structure.
    For more insight into the upcoming changes, including fees, you’re also invited to:
    • Take part in the upcoming webinar on Thursday, January 28.
    • Join me and other leaders from eBay and PayPal in a Town Hall meeting on Wednesday, January 27. Check the Announcement Board for more details coming soon.
    • Talk with members of my staff during the next two days on a special discussion board we’ve set up for this purpose.
    As always, thank you for partnering to make eBay a thriving, successful marketplace for its 90 million buyers and sellers.
    Sincerely,
    Dinesh Lathi
    Vice President
     
  8. Mat

    Mat Ancient Coincoholic

    Basiaclly sales fees are now 9% on everything under about $560
     
  9. imrich

    imrich Supporter! Supporter

    I'm Missing Something!

    I would appreciate enlightenment as to how this could possibly be "less distasteful than before". Having read the announcement, my understanding is that this is a ~240% final value fee increase on an item selling for $550, in an auction style listing. A 9% final value fee versus the current 3.5% (+$2.19) fee. The listing fee is relatively insignificant, as I can list any numismatic item for less than $4, with assurance of auction control, or 15 cents, without auction control. I must have an "old timer" affliction, and mis-read or mis-understood something. This amounts to an eBay/Paypal sales fee of >~15% when considering the net realized on eBay being charged the mandated Paypal fees which consider eBay gross, plus S/H fees. Please tell me what I'm missing, as this is an occasion when I would enjoy apologizing for a "senior moment", and being "stupid". Thanks in advance for your "understanding". :headbang:
     
  10. Tater

    Tater Coin Collector

    hum? what to do, what to do? I got the message via email.
     
  11. sweet wheatz

    sweet wheatz Senior Member

    Ebay used to be fun and cheap. Now look what happened. Good thing I have my other auction site I sell most items on now.
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    E-bid.net

    E-bay is one money hungry machine, They try and tell you that your
    Saving money good luck, Just another smoke screen!!

    Try this site! No fees here! www.ebid.net
     
  13. borgovan

    borgovan Supporter**

    Well, gee...I could be wrong. When I left selling on eBay, I calculated their new fee structure, including PayPal, to be 15%.

    Now, if it's 9%, plus PayPal's 3%, that's only 12%.

    Like I said...I need to do a more in-depth analysis of their fees and what they're not disclosing up front.

    Plus, I said I had a "small chance" of returning.
     
  14. Sholom

    Sholom retired...

    Perhaps you were thinking of buy-it-now? Which, I think is currently 12% . . . ?
     
  15. Sholom

    Sholom retired...

    No fees? How does ebid make money to survive?
     
  16. Breed

    Breed Junior Member

    You can do math, That's a huge increase what now costs .15 inset fee+$2.19 final fee to $25+18.38 fee over $25=20.72 will soon be 9% of final cost of 550 is $49.50

    People need to stop listing.
    It would be a great deal if you are selling a car as the max is $50 but the majority of items sold on e-bay has to be under 550 dollars

    What a rip off
     
  17. imrich

    imrich Supporter! Supporter

    A Miscalculation!

    If you've sold on eBay, you probably remember that entity having the most convoluted auction system seen, so it's very difficult to determine what will be your final bill for the auction. They have a fee for virtually everything (e.g. Insertion, Picture, Reserve, Buy-It-Now, Listing Upgrade, etc.), a category structure which defies logic, and a creative Listing Type system (e.g. Auction, Fixed Price). The fee changes are primarily for Auction Type listings. A simple hypothetical listing of a Numismatic item will allow a realistic understanding of fees. The item is to be listed in an Auction, with a starting bid requirement of $80, with a reserve of $99, being inserted into 2 categories because of uncertainty as to which may receive greatest viewing. The Buyer S/H charge is $4.95. The item closes with a $100 sales price. The eBay fees are: Insertion - $4, Pictures - $1, Reserve - $2, Final Value - $9, for a total of $16. The buyer sends $104.95, and Paypal charges you $3.15, for a fee total of $19.15. The net amount received is then $81.85. If you calculate the net fee amount as a percentage, it is 19.15/81.85 x 100 = 23.4%. If you calculate the gross fee amount as a percentage, it is 19.15/100 x 100 = 19.15%. Regardless of Net or Gross percentage calculation, I consider these fees atrocious. :headbang:
     
  18. Breed

    Breed Junior Member

    Yes but at least you have the option of choosing what you want. Cheeseburgers are $$$ more than hamburgers

    I also doubt that you get all the other stuff free
     
  19. rlm's cents

    rlm's cents Numismatist

    And if you now sell it for $5, it costs $0.15 + $0.44 = $0.59. With the new fees it will only cost $0.45. That is a 31% cut in eBay fees. Don't like that example, if you sell it for $10,025, your fees were $352.34 and they will be $50. That is a 600% cut in fees.

    The point I am trying to make is that each must evaluate how it affects what he/she sells. Thee is no one-answer-fits-all that this or that is better.
     
  20. rlm's cents

    rlm's cents Numismatist

    Then do not use PayPal (and, no, it is not required), do not use insertion opening of $100 (which is currently $2 and not $4), and do not put a reserve on it. Now your fees are only $12.00 or 12.9%. Still don't like it, find a cheaper auction house. Good luck.

    Again, there is no one-answer-fits-all that this or that is better.
     
  21. Breed

    Breed Junior Member

    I believe we understand there is not a perfect situation for everyone the real point is they are increasing their fees for the majority of the sellers and the net effect i'm sure will be a benefit for E-bay.

    All sales between $26.00 and $1364.00 will be a net increase
     
Draft saved Draft deleted

Share This Page