Ebay – Deep In YOUR Pockets

Have you seen the new rules and fees?  Sorry ebay, I’m not taking one for the team here!  Someone needs to start up a competitor site because Paypal and Ebay are DEEP in the pockets together! Me as a seller with 100%+ feedback that I EARNED, “Oh ebay what’s that in your pocket or are you just happy to see me?”  Ebay, “Nope, who needs you?  It’s your share of the money that I am keeping, dummy!”  Don’t be fooled into thinking lower insertion fees is a good deal!  They’ve increased the final value fees a LOT! 

From Ebay:

Seller Update: Fees, Rewards & Standards
eBay buyers want value and selection from sellers they can trust–and good sellers deserve rewards for delivering great customer service. That’s why we’re making a number of important changes that may affect you:

  1. Reduced Listing Fees (Please don’t be fooled, check out the FV fees at the bottom)
    You asked, we listened. We’re reducing Insertion Fees and adjusting Final Value Fees to lower your up-front cost to sell on eBay. You wanted free Gallery, now you’ve got it–plus more feature discounts.

  2. Rewards for great sellers (rewards, are you serious?  You can’t leave -FB for buyers now?)
    There will be discounts and incentives for those who satisfy customers best. Who decides who gets rewarded? Customers do, by giving sellers high Detailed Seller Ratings (DSRs).

  3. Feedback Changes
    Significant changes coming soon will increase buyer confidence and showcase good sellers.

For more details on how these changes may affect you, attend a special Seller Webinar at 10:00 a.m. this Friday, February 1. You may also see announcements from eBay executives on the Announcement Board.

Final Value Fees for Auction-style and Fixed Price listings
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Closing Price Final Value Fee Final Value Fee (effective 02/20/2008)
Item not sold No fee No change
$0.01-$25.00 5.25% of the closing value 8.75% of the closing value
$25.01 – $1,000.00 5.25% of the initial $25.00, plus 3.25% of the remaining closing value balance ($25.01 to $1,000.00) 8.75% of the initial $25.00, plus 3.50% of the remaining closing value balance ($25.01 to $1,000.00)
Over $1,000.01 5.25% of the initial $25.00, plus 3.25% of the initial $25.00 – $1,000.00 plus 1.50% of the remaining closing value balance ($1,000.01 – closing value) 8.75% of the initial $25.00, plus 3.50% of the initial $25.00 – $1,000.00 plus 1.50% of the remaining closing value balance ($1,000.01 – closing value)
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1 Comment

  1. I don’t have much success with eBay anyway. There are other auction websites; don’t know how effective or expensive they are.


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