eBay fees are too high
16-March-2010
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eBay fees are too high

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Money - eBay fees too high

Is it just me, or are eBay getting just a little bit greedy when it comes to the high fees levied at sellers these days?  Also, I think that the final fees you may end up paying exactly obvious from the outset.

For example, if you want to sell an item and you want to make sure that you don't just give it away it is a good idea to stick a reserve or an initial bid on to make sure you get something reasonable.  You are immediately whacked by a £2.00 insertion fee - and that's before your item has even sold!

Then there are the various listing enhancements.  Okay, if you describe your item well and "design" the title you can probably forget most of the superfluous extras, but sometimes its a good idea to add a few photos and brighten your ad up a little bit as there is a lot of competition.  You don't want to loose that £2 insertion fee now do you?

Once you've sold (hopefully) your item, you get another nice surprise.  The final value fees.  These are often not considered by sellers, but it is seriously worth taking your potential final value fees into account when deciding on your reserve or initial bid as these fees are actually quite steep in my opinion.  For a £300 item such as my example, you pay a flat £1.57 (for the first £29.99), then a rosy 3.25% on the remaining closing value balance.  That takes your final value fees up to around £10.35

So there you go, you've sold your widget for £300 and you hand over £12.35 to eBay straight away.  So what happens if the buyer decides to pay through PayPal?  Yet more fees, that's what! With the number of people using eBay these days (let's face it, there isn't really a worthwhile alternative to eBay at the moment) they must be absolutely coining it in!  eBay's hefty fees are practically a licence to print money.

By: Disgruntled eBay Seller


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Yes I totally agree, a total rip off. Just sold an item in Feb 2010 it sold for £201 I had a reserve and a BIN price of £275. I felt a little disapointed it only made 201 but it was above the reserve... just.
The ebay bill just came £25.62 (10% FVF), then Paypal took another £7.74 WHY payal are owned by Ebay or vise versa. I could have taken it to a local shop and sold it for what I ended up with. I will not sell anything else on ebay. I have a load of things (low value) but by the time I have wasted time listing them and losing most of it in fees I may as well throw them in the bin and get on with some a little more interesting instead!
*Nigel Leigh  05-Mar-2010 18:17

 
Agree with the above. E bay fees just too high. I did look at using E bid who are much more reasonable but you just dont get the number of viewers. But am now only using E bay for things I can't sell locally or advertise for free in our regional free ad paper where I can sell things cheaper and still get a higher return. The more of us who do this the sooner ebay/paypal will drop their charges.
*Fire Red  22-Feb-2010 11:25

 
Well Jasoin, when it rolls into motion I'll take a look and let you and pass you my verdict.

Kind regards,
*Davo  19-Feb-2010 13:01

 
I learn a new web will launch, it got all auction function and buy it now, and they ask for no listing and final fee for life, what you have to do is make a very little cash rebate like min 0.50 usd to this network, sound like a very good idea.
*jasoin kam  19-Feb-2010 07:02

 
I learn a new web will launch, it got all auction function and buy it now, and they ask for no listing and final fee for life, what you have to do is make a very little cash rebate like min 0.50 usd to this network, sound like a very good idea.
*jasoin kam  18-Feb-2010 16:28

 
I sell a lot of clothes on Ebay and they are quality clothes. Nearly all are classed as barely used but they are clean and pressed.

I undercharge on postage worldwide as this is the attraction to my items, besides being of top quality garments.

So, I sell quality clothes with cheap postage. I'm not greedy but it's nice to see a shirt start at 99 Pence and close at £15.97.
*Davo  17-Feb-2010 16:28

 
The world is indeed full of stupid people. They are all still buying goods from Ebay! I have noticed a vast increase in the number of listings that are substantially above the prices on, say, Amazon, and that site is selling the goods themselves with a full UK warranty! Ebay were forced to suspend their advertising campaign on how cheap things were on Ebay. The absolute truth was that people did little research into the prices charged and were being repeatedly ripped off. Take for instance a piece of software I recently sold. Amazon charge £55 for a sealed copy. On Ebay the charge was £70 for an opened customer return! And the seller had already found two suckers willing to part with their cash!!! Until Ebay embrace an RRP comparison for all their items, as Amazon do, prices will escalate to the point that people will be paying more for goods on Ebay than on the high street from authorized distributors. Perhaps high prices go hand in hand with high fees? Personally I believe Ebay has become an absolute rip off both in terms of the prices asked and the fees paid. Funny that higher prices mean higher profits for Ebay... However they fly in the face of a site that promotes itself on value retailing - low prices and volume sales. Buyers, as well as sellers, need to wake up. There will be tears when the bubble bursts and Ebay collapses!
*Dissenter  15-Feb-2010 20:03

 
All you people that moan about Ebay and use it. Stop using it and if you aren't aware of their policies and rules before you use their platform then this is your own fault.

The world is full of stupid people.
*Davo  15-Feb-2010 12:33

 
Too true I have just sold a few bits and was not aware of the massive hike in ebays fess to 10% thhen with paypal adding another 4% thats 14% cost, outragous charges they can forget it I am looking at alternative sites that are not so greedy!
*Adrian  15-Feb-2010 10:25

 
Thank god, I do found out this web who is talking about what I am thinking. I always want to complain about this. I got lots of buyers love bargaining items. It is not the pictures can be earned the good price. It is the original price, we can't make it lower prices to the customers. If we want to sell out the product asap, we have to give out the price cheaper and pay by ourself of the insertion fees, Final Value, pictures, galleries, title....paypal and postage. (that mean you are working for EBAY) Also the new policy is unfair to the sellers. As EBAY said to protect the high shipping fees issue, they are going to set it up the shipping fees. I just wonder, are you going to charge us the same % of the final value? or EBAY is going to give us a discount? I think the item start from 0.99 for free insertion fees which is too low. This is absolutely giving a EBAY good excuses to earn more...poor our sellers, buyers thought we are greedy. The greedy one is EBAY not the sellers. Got so many things unsatisfying..... Anyway I stop selling my stuffs at EBAY.
Thanks Host giving this topic.
*Cindy  09-Feb-2010 23:18

 
Even worse for me. Here's the case:
purchased for £-6.89
sold BIN for £14.99 (incl. free shipping)
this seems like super £8.10 profit
now let's do the math:
listing -0.75
final value -1.48
paypal -0.78
shipping -2.25
and now we have £2.84 profit
taking into account the fuel costs (about 2.00 to purchase the item first and later take it to the post office), I have made a super profit less than £1.00 (about 7%) on item listed for 14.99 with more than 120% of initial margin
*DadB  09-Feb-2010 23:10

 
Fuc ebay and paypal on their robbing fees on seller. Because buyers like to pay with free quick paypal fucing make more money that way.!!!
*FKPayPal  09-Feb-2010 07:08


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