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<p>[QUOTE="Lehigh96, post: 1864261, member: 15309"]If you have a coin store, you pay a monthly fee to E-Bay of $19.95 but your FVF (Final Value Fees) drop from 10% down to 6%. What that means is that if you don't sell at least $500 in coins each month, you are paying more for your monthly fee than you are saving in the discount on FVF's.</p><p><br /></p><p>The Paypal fees are fixed at 2.9% +$0.30 per transaction regardless of whether you have a store or not so don't worry about that. Having a store also allows you access to some other marketing tools such as sales etc., but if you don't sell more than $500 per month, would you really need those tools? If you reach Top Rated Seller status, which is really not that hard, you can further reduce your FVFs by 20% which takes them from 6% to 4.8%.</p><p><br /></p><p>But again, my recommendation is that if you don't sell at least $500 worth of inventory each and every month, it is not worth it to open an E-Bay coin store.</p><p><br /></p><p>Paul</p><p><br /></p><p>PS I forgot that you can reduce the monthly fee to $15.95 if you purchase a one year subscription for your store instead of paying month to month.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1864261, member: 15309"]If you have a coin store, you pay a monthly fee to E-Bay of $19.95 but your FVF (Final Value Fees) drop from 10% down to 6%. What that means is that if you don't sell at least $500 in coins each month, you are paying more for your monthly fee than you are saving in the discount on FVF's. The Paypal fees are fixed at 2.9% +$0.30 per transaction regardless of whether you have a store or not so don't worry about that. Having a store also allows you access to some other marketing tools such as sales etc., but if you don't sell more than $500 per month, would you really need those tools? If you reach Top Rated Seller status, which is really not that hard, you can further reduce your FVFs by 20% which takes them from 6% to 4.8%. But again, my recommendation is that if you don't sell at least $500 worth of inventory each and every month, it is not worth it to open an E-Bay coin store. Paul PS I forgot that you can reduce the monthly fee to $15.95 if you purchase a one year subscription for your store instead of paying month to month.[/QUOTE]
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