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eBay charges a "Reserve Fee"??
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<p>[QUOTE="-jeffB, post: 2197167, member: 27832"]Oh, I'd love to see this as well, but I can't imagine that it will happen.</p><p><br /></p><p>When I started selling on eBay (before the turn of the century), Final Value Fees were a tiny fraction of their current level, but listing fees were significant, and the listing fee was higher for items with a higher starting bid. It wasn't a straight percentage, as I recall, but some sort of level/threshold arrangement.</p><p><br /></p><p>This led to some bad behaviors. First, reserve prices were a lot more common -- and buyers <i>hated</i> reserves (and still do). It was frustrating to put in a bid, see "reserve not met", and have no idea whether you were short by 5% or 500%.</p><p><br /></p><p>Second, sellers would list items with 99-cent starting bids and no reserve, and if they were unhappy with the bidding, they'd either cancel the auction shortly before its end or find an excuse not to sell to the high bidder.</p><p><br /></p><p>I think eBay decided that their current approach -- cheap or free listings, with higher FVFs -- would increase their total number of listings, and that was their goal. They want to be seen as the go-to online venue, with the biggest selection, and increasing their listing count is one part of that.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2197167, member: 27832"]Oh, I'd love to see this as well, but I can't imagine that it will happen. When I started selling on eBay (before the turn of the century), Final Value Fees were a tiny fraction of their current level, but listing fees were significant, and the listing fee was higher for items with a higher starting bid. It wasn't a straight percentage, as I recall, but some sort of level/threshold arrangement. This led to some bad behaviors. First, reserve prices were a lot more common -- and buyers [I]hated[/I] reserves (and still do). It was frustrating to put in a bid, see "reserve not met", and have no idea whether you were short by 5% or 500%. Second, sellers would list items with 99-cent starting bids and no reserve, and if they were unhappy with the bidding, they'd either cancel the auction shortly before its end or find an excuse not to sell to the high bidder. I think eBay decided that their current approach -- cheap or free listings, with higher FVFs -- would increase their total number of listings, and that was their goal. They want to be seen as the go-to online venue, with the biggest selection, and increasing their listing count is one part of that.[/QUOTE]
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eBay charges a "Reserve Fee"??
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