A new e-bay low!!!

Don,t know how long this is been going on!! i just sold a few
Item,s for a good friend of mine and found out that e-bay now
Charges a final value fee on the shipping!!! talk about nickle and
Dimming you to death!!

 

Log in or Sign up to hide this ad.

Are you kidding me. ughhhhhh

 

That's their solution for hitting those sellers that like to charge some incredible shipping fees. Ever see a buy it now auction for something that retails for $500, the buy it now is $50 but shipping is $450? Used to be a common practice.

 

I think that can be controlled a better way! Like when something is excessive like when the
Oil companies are making 20 to 30 billion a quarter and were still paying over $4.50 a gallon at
The pump

That,s when you charge the tax!!

 

What do you think EBay fees are??? Basically the tax to EBay for using their site.

 

Why not use the buyers fee like the other auction houses.

 

Having a final value fee on shipping is just outrageous!!! between having to pay e-bay and there
Evil sister pay-pal all these fees your left with pennies and not dimes!!

 

I agree with you Peter but having to punish people that are basically honest because
Of people that abuse the system is wrong, there has to be a better way!

 

Huh?

I'm willing to pay (say) $55 for (say) a nice-looking 1920-S half (ahem).

If I'm bidding on eBay, on an auction with $5 shipping, I'll put in a top bid of $50. If I win at that level, I pay $55. After shipping, eBay and PayPal fees, the seller sees around $44 -- around a 14% total loss to fees.

If I'm bidding on a site that does a 14% buyer's premium, I'll put in a top bid of around $44. If I win at that level, I pay about $55 ($44 plus $6 buyer premium plus $5 shipping), and the seller sees $44.

The venue needs its cut. Whether it's couched as "final value fee" or "buyer's premium", it ends up as a difference between what the buyer pays and what the seller gets. Whether I'm a buyer or a seller, the end result is the same.

Extending final value fees to include shipping just increases eBay's cut. (It would be great if they'd made it revenue-neutral, but I don't see any indication that that's the case.) It protects them from sellers who try to avoid fees with low prices and inflated shipping. It provides added incentive for sellers to offer "free shipping" -- which, again, merely folds the cost into the item's price.

I'm sorry, but I just can't get very worked up about this, except that it represents yet another fee increase. If they start to see reduced sales, they'll back the fees down. If they don't, I guess it was the right business move for them to make.

 

That might explain how I was looking at an error note on ebay and the shipping was $20. Guess what? I didn't spend longer than 15 seconds on that page.

 

Offer free shipping and adjust your minimum starting bid correspondingly. It makes absolutely NO difference in your bottom line.

 

I'm a person who believes in capitalism. I've never sold anything off of ebay to my recollection - might have but it was some time ago if I did.

However, ebay like every other company is in business to make money. If someone found a way around paying ebay fees by jacking up the shipping and therefore their bid amount is a bit less - then so be it. Frankly if ebay has allowed this to go on for some time it took them a long time to learn their lesson.

I for one will look at the total cost of whatever I'm buying - what will it cost me for the item and what is shipping going to cost. I do not lean one way or the other on shipping costs - add it in and if I can buy the item at a price I'm comfortable with then I do.

Classic example is someone on ebay selling folders for $1.99 but the shipping is $7 ... to me that makes the folder $8.99 plus any applicable tax. I ask my self why pay that on ebay when I can go to an actual retail place and pay flat shipping for $X and buy the folders anywhere from $2.50 to $3.00 (depends on which site). By the time I buy 10 folders - I pay $30 + shipping - let's say the total is $36 - makes my cost/folder $3.60.

I even asked one of the guys selling folders what happens if I buy 5+ folders - is the overall shipping based on each folder or reduced. I received a complicated response and at that point put my calculus book back on the shelf and figured I'll order my stuff straight on line.

I find ebay a good place for one item. Getting a decent response from shipping has been iffy at best. Plus the odds of me getting 5 items bought without overpaying for one or two could be hard.

Just my pondering wondering thoughts.

KC

 

I ditched eBay years ago. I got tired of the nickel and dime stuff. I felt like I was doing all of the work and they were making more of a profit than I was. Moreover, they own paypal so it seems fair that if one is paying via paypal for an eBay auction then the seller shouldn't get charged a paypal transaction fee. After all, they've already taken their cut off the auction. Despite everything going on in Washington these days with all the corrupt politicians squandering our hard earned income and resulting in a tax hike, imagine the taxes we would pay if eBay ran the government instead of the politicians.

 

I like it the way it is now. I always gave out free shipping anyways. Also you get 50 free inserts a month. For those that buy, the ebay bucks add up. Hope it stays like this.

 

I'm not sure your assessment is fair. I don't know of any other service that one can find that allows people to sell their items. If you take an item to an actual consignment auction the % they keep is considerably more than what ebay. They due incur costs and the fees are a way they cover those costs. As for paypal - they also provide a valuable service. Otherwise people would still have to accept checks. When a person buys an item off ebay and the funds are collected via paypal various costs are incurred. If a credit card is used for payment there is a transaction fee that they incur as well as 1-2% fee for the item to use the credit card.

I would like to know what someone pays in fees if they sell an item on ebay for $100 and the funds are collected via pay pal.

kc

 

A total of 11.9% from ebay and paypal are collected if running an auction. It's either more or less if you have a store.

 

They should start counting the shipping in the eBay Bucks calculation if they are charging sellers for it.

 

According to this tool, if it's an auction (not Buy It Now) and they don't have any merchant or high-volume discounts, fees would total $12.20. For a fixed-price listing, it would be $12.70.

Bump it up to $1000, and the economics change -- an auction runs $119.30, BIN only $92.90.

It's a far cry from the old days of effective 3-5% total fees on large transactions, but still better than most other major auction venues, from what I've seen.