Ebay sticking their mitts into sellers pockets again

Anthony S. · #1 01-27-2010, 01:00 PM

Ebay's fee change emails are so disingenuous. Perhaps McDonalds should advertise a 99 cent Big Mac with the "new, easy handing the Big Mac to the customer fee of $6.99."

D. Bergin · #2 01-27-2010, 01:14 PM

Quote:

Originally Posted by Anthony S.

Ebay's fee change emails are so disingenuous. Perhaps McDonalds should advertise a 99 cent Big Mac with the "new, easy handing the Big Mac to the customer fee of $6.99."

Are you kiddin' me? Didn't you read this part?

Quote:

Either way, pay one easy Final Value Fee of 9% of the winning bid

See there, it's "easy"! Why in hell would you want to pay 8.75% of the first 25 bucks and 3.5% of the amount over that when you can just pay an easy flat fee of 9%?

Keeps things easy peasy, and your calculator in tip top shape not having to figure out all that complicated math.

D. Bergin · #3 01-27-2010, 01:16 PM

Leon and Matt better add a bunch of extra servers to their auction program.

I have a feeling Ebay just gifted them a ton of customers.

egbeachley · #4 01-27-2010, 01:22 PM

Iggyman has a nice chart, but in all fairness you should subtract the 35 cents (or so) listing fee from the new fee chart to show that the break-even point is a sale price of around $38. That's their target audience.

I believe you can avoid this new fee structure if you just start the opening bid at $1 or more. So for items expected to sell for less than $38, start the bid at $0.95. If more then start at $1.00.

D. Bergin · #5 01-27-2010, 01:45 PM

Quote:

Originally Posted by egbeachley

Iggyman has a nice chart, but in all fairness you should subtract the 35 cents (or so) listing fee from the new fee chart to show that the break-even point is a sale price of around $38. That's their target audience.

I believe you can avoid this new fee structure if you just start the opening bid at $1 or more. So for items expected to sell for less than $38, start the bid at $0.95. If more then start at $1.00.

Yeah, but that "break-even point" disappears quickly for any items that sell for more then $38.00.

I don't know of any business plan that involves hoping your items sell for as little as possible to avoid higher auction fees.

iggyman · #6 01-27-2010, 03:08 PM

Quote:

Originally Posted by egbeachley

Iggyman has a nice chart, but in all fairness you should subtract the 35 cents (or so) listing fee from the new fee chart to show that the break-even point is a sale price of around $38. That's their target audience.

I believe you can avoid this new fee structure if you just start the opening bid at $1 or more. So for items expected to sell for less than $38, start the bid at $0.95. If more then start at $1.00.

You are correct about the chart (it is flawed), here is a corrected one:

AUCTIONS NO STORE

Sell Price - OLD FVF -NEW FVF -$increase -%increase
$10.00..........$1.03.......$0.90.......(0.13).... .....-12%
$25.00..........$2.34.......$2.25.......(0.09).... ......-4%
$26.50..........$2.39.......$2.39.......(0.01).... .......0%
$50.00..........$3.21.......$4.50........1.29..... .......40%
$75.00..........$4.09.......$6.75........2.66..... .......65%
$100.00.........$4.96......$9.00........4.04...... .......81%
$150.00.........$6.71.....$13.50........6.79...... ......101%
$200.00.........$8.46.....$18.00........9.54...... ......113%
$250.00........$10.21.....$22.50.......12.29...... .....120%
$300.00........$11.96.....$27.00.......15.04...... .....126%
$400.00........$15.46.....$36.00.......20.54...... .....133%
$500.00........$18.96.....$45.00.......26.04...... .....137%
$600.00........$22.46.....$50.00.......27.54...... .....123%
$700.00........$25.96.....$50.00.......24.04...... .......93%
$800.00........$29.46.....$50.00.......20.54...... .......70%
$900.00........$32.96.....$50.00.......17.04...... .......52%
$1000.00......$36.46......$50.00.......13.54...... ......37%

I have not seen where it states that you can get around the new fee structure by listing stuff for $1 or more???? As far as I know, it's .09% irregardless (with the only exception being if you have a store). If my math is correct, the break-even point is $26.50 on auctions that start at .99 cents (assuming an insertion fee of .15 cents).

Lovely Day...

RichardSimon · #7 01-27-2010, 03:43 PM

They are such greedy bastards. This is what happens when Wall St is a companies primary concern. They have to show earnings growth every quarter or the stock will get pounded and all their precious options won't be worth toilet paper.
They are not thinking about how the volume of selling will go down though with such outrageous pricing.
COME ON LEON,,, make your sight the place to be for sports stuff.
--

egbeachley · #8 01-27-2010, 09:27 PM

Quote:

Originally Posted by iggyman

I have not seen where it states that you can get around the new fee structure by listing stuff for $1 or more???? As far as I know, it's .09% irregardless (with the only exception being if you have a store). If my math is correct, the break-even point is $26.50 on auctions that start at .99 cents (assuming an insertion fee of .15 cents).

Thanks for the update. $26.50 or a little higher, depending on the listing fee.

I read a press release a couple days ago that mentioned the new fee structure, which was designed for the casual seller, would not affect most sellers. And that the $1.00 starting point would negate the new fee structure. I'll post it if I find it again.

iggyman · #9 01-28-2010, 09:08 AM

Am I living in some sort of bizzaro world??? Is this the sorry state of current U.S. journalism?

From the Wall Street Journal:

"EBay To Cut Listing Fees In Bid To Lure Sellers"
http://online.wsj.com/article/BT-CO-...atestheadlines

My favorite quote in the article: "The new fee structure appeared to be designed to appease the site's smaller sellers, who have grown increasingly frustrated by changes the company has made to attract larger retailers and merchants."

From Forbes.com

"It's Cheaper To Sell on eBay"
http://www.forbes.com/2010/01/26/eba...ties-fees.html

Favorite quote: �Free--and practically free--is great news for anyone wanting to earn extra cash or build a business on eBay ( EBAY - news - people ),� said Lorrie Norrington, president of eBay Marketplaces.

From CNN Money...
EBay shakeup brings $0 listing fee
http://money.cnn.com/2010/01/27/smal...y_fee_changes/

Favorite by far: "For example, a $200 electronics sale with a 99-cent starting price would currently rack up fees of $8.47. Under the new model, fees would rise to $18. But if the item didn't sell, eBay would collect nothing."

Not even Hugo Chavez could have spinned it so well. Great job by these writers!

-Lovely Day...

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
What are your favorite eBay Store sellers?	SethY	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	24	07-10-2022 08:50 PM
Beware Ebay sellers - "Fantasy" Vintage Buyer	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	24	02-04-2008 09:38 AM
Reminder for Ebay Sellers... Daylight Savings Time next weekend.	Archive	Ebay, Auction and other Venues Announcement- B/S/T	0	03-26-2006 10:09 AM
Ebay News: What's it worth? eBay lets users search prices	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	5	11-10-2005 10:00 PM
deceptive ebay sellers	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	0	05-02-2004 09:25 AM