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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Shawn Chambers
I just read that Meg Whitman should be stepping down soon and, apparently, at eBay's upcoming fourth quarter economic announcements they are hinting that listing fees will be lowered to be replaced by higher fees on the back end. |
#2
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: larryhaven
With the shape the economy is in right now, this amounts to business suicide for eBay (higher fees of any kind). Competition and bankruptcy might be right around the corner for them. |
#3
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Russ Bright
it's disappointing to hear that - the fees are killing my sales as a part time seller - If i had to pay less in fees overall i would be more prone to sell more in these venues - Everytime I sell a card for 100 dollars and have to pay 8 dollars (listing fee plus final value fee) and then pay 3-5% to paypal i end up LOSING money - |
#4
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Red
Do fraudulent sellers pay listing and final value fees? |
#5
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: barrysloate
The listing fees are already minimal. It's the selling fees that are killers. So you'll save 35 cents listing and get hit with an extra $10 on the back end. Great deal. |
#6
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: JK
No offense to Barry or the other auctioneers out there, but ebay's fees are nothing compared to the standard consignment rates charged by many auction houses (unless, of course, you can negotiate a 0% commission). |
#7
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Matt
JK - good point - even if you negotiate a 0% consignment fee, you're still losing the 15-20% buyer's premium. It would take quite a raise in the ebay/Paypal fee structure to come up to even 20% of the gross sale price. |
#8
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: barrysloate
No offense taken...I know how it works. |
#9
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Joel
I think selling on ebay and having Paypal for 8% (approximately, depending on sales price) total sales fee is a bargain. If you were to operate a brick and mortar store just paying rent, insurance, employees, fica tax, power bill, advertising etc is going to be much more than 8%. Even with a store credit card fees are still going to be 3% or more. Some people complain about having to pay ebay and then paypal but the services provided are not the same and paypal isn't exactly taking credit card payments at no expense to them. |
#10
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: barrysloate
My understanding is paypal is only taking 3%. Does anybody know exactly what they get? |
#11
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Anonymous
paypal fees are 2.9%. electronic check has a max fee of $5 per transaction. I believe a debit/credit card payment has a .35 cents fee plus the 2.9% |
#12
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ebay Whitman's retiring...fee adjustments...good or bad for card buyers? Your thoughts...
Posted By: Richard Simon
In answer to Barry's comment on this thread, listing fees are as high as $4.80, obviously depending on the price of the item, much of what I list costs me $1.20 or more to list. At least there is no egregious buyers premium when I sell an item. I can remember the days when there was no buyers premium at the big auction houses. |
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