ebay's New Fee Structure

HRBAKER · #1 03-19-2013, 12:27 PM

No legitimate competition is a beautiful thing. T-I-C

But all the people are smiling on the e-mail. What difference does it make how many listings are free if your FVF basically double?

D. Bergin · #2 03-19-2013, 12:50 PM

I received the e-mail but didn't read it fully yet.

So basically they are getting rid of the stepped down fee levels for higher value items?

Typical Ebay marketing - "Good News, your fees have just gone down."

actual translation - "If you actually sell your items and don't let them sit in a store at a ridiculous over-valuation, garnering zero bids or sales.........your fees have just gone up."

Frank A · #3 03-19-2013, 01:06 PM

I don't know where you read this. My email said a strait 10%. Frank

Bugsy · #4 03-19-2013, 01:13 PM

Quote:

Originally Posted by Frank A

I don't know where you read this. My email said a strait 10%. Frank

Mine said a flat 10% as well.

Leon · #5 03-19-2013, 01:17 PM

It's both- From their website-

"New everyday simplified rate plans�pick the one that�s right for you
Free listings with eBay Stores: Starting May 1, get up to 2,500 FREE listings* per month with your eBay Stores subscription. Final value fees will be simplified to 5 competitive category-based rates as low as 4% (and never more than 9%)�regardless of how you sell. Get complete details.
Standard fees (no Stores subscription): Starting
April 16, your 50 free listings* per month can be listed Auction-style or fixed price. Pay just one flat 10% final value fee�only when your item sells. Get complete details."

D. Bergin · #6 03-19-2013, 01:33 PM

People selling higher value items are going to get slammed hard with the new fee rates.

Piratedogcardshows · #7 03-19-2013, 01:35 PM

Thank God for the B/S/T section on Net54.

Exhibitman · #8 03-19-2013, 01:42 PM

It is a flat 10% of the gross INCLUDING shipping for a casual seller who doesn't have a store and doesn't do more than 50 listings a month, with no listing fees. BUT, you also take a 2.9% plus $0.30 paypal hit, and you also have to factor in postage and materials. As I see it, the OOP is actually greater than a number of auctioneer alternatives.

I just sold a raw card for $9.99 with free shipping. Under the new regime:

$9.99 gross
-$1.00 ebay fee
-$0.59 paypal fee
-$1.69 postage
-$0.50 materials [I recycle old shipping envelopes but still pay for tape, labels, card holder and ink]
$6.21 net.

My transaction costs will be 38.9% of the gross.

If I add a $2 shipping cost to the deal:

$12.00 gross
-$1.20 ebay fee
-$0.65 paypal fee
-$1.69 postage
-$0.50 materials [I recycle old shipping envelopes and cardboard but still pay for tape, labels, card holder and ink]
$7.96 net.

Paradoxically, the new ebay structure gives me an incentive to add shipping costs rather than offering free shipping as the company would prefer since I only lose 13% of the shipping charge to the fee structure.

Now, if I send the same card to an AH willing to give me a no commission deal and it sells for a $10 min. bid, I get $10. Even at 10% commission I get $9 for it. Even if the card was priced at $8 minimum bid, at no commission I net the same or better than ebay, and the Buyer pays the AH fee, the buyer pays the postage, I deposit a check.

Candidly, I don't see any reason to sell a solid card on ebay given the costs and alternatives, except to throw up a bunch of high starting price and high BIN items to test the waters and see if I get lucky. Not that it will affect ebay's logic any; there are enough people who won't break down the costs and who will pay for the convenience of ebay.

painthistorian · #9 03-19-2013, 04:22 PM

I have been on the phone with e bay, as Greg has said, now all "store" members are paying a flat 9% in May, which is close to what fees are now on small $$$ cards such as a common T206 SGC 40. The original (increased) fee schedule now in place did make things manageable on cards in the $200-$500 range or higher and this is the quality of better trading and sports cards that collectors want offered as an auction style. It will be almost impossible to see this continue in this format if these fees are allowed to become established. Everyone should complain...this could easily be the nail in the coffin.

jcmtiger · #10 03-19-2013, 08:16 PM

Quote:

Originally Posted by Frank A

I don't know where you read this. My email said a strait 10%. Frank

Mine too!!!!

Joe

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