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<p>[QUOTE="-jeffB, post: 1194257, member: 27832"]Huh?</p><p><br /></p><p>I'm willing to pay (say) $55 for (say) a nice-looking 1920-S half (ahem).</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.</p><p><br /></p><p>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.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1194257, member: 27832"]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.[/QUOTE]
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