From 12th March, eBay is changing its final value fees, under the guise of making it simpler, and abolishing its listing fees.
In reality, they appear to be looking for RBS chairman levels of greed. Before, if you sold an item for say £200, youd pay a final value fee of £11.55, based on 8.75% of 29.99 and 5.25% of the rest.
now you pay a flat 10% of the final value, which means you have to shell out £20, an increase of 73%.
There is a cap on the FVF of £40 now, so if you sell something for £400, before youd pay £22, now £40, an increase of 81%.
And this is all before Paypal fees...
http://pages.ebay.co.uk/sell/private-sellers-pricechange/
If there was a decent alternative then I think its fair to say everyone would vote with their feet.
I tend to only sell on forums now days and use BACS for payments.
The downside is that you state a price and dont get to make more than you expected because of some nut job last minute bidders.
I use ebay as little as possible these days, especially since they set the reserve price limit at a minimum of £50, its an exercise in futility. They also seem to be very focused on protecting their buyers often at the expense of their sellers, i.e if a buyer complains they automatically side with the buyer even if they are at fault.
anybody tried selling at Amazon?
Quote from: lacanybody tried selling at Amazon?
Its quick and easy and (relatively) cheap but full of muppets who leave you bad ratings for no reason whatsoever.
I tend to only buy from ebay these days.
Worst thing I find with amazon is when selling books, and some annoying sods are selling the book for 1p plus the mandatory P&P, you just cant make money doing that, and I am likely to lose money on the P&P for some of these books.
I was disgusted to see £10/£11 fees for my hifi gear that was sold on ebay, Almost £50 just in eBay fees over this past month!
I certainly will not be using them to sell if these disgusting fees come into place.
Im already getting charged 10% final value fee from what I can see.
Ive not really sold anything on ebay for a while, sounds expensive.
Ive tried selling things on the likes of bigger things on local sites like Gumtree.
Ive either sold off or thrown away most of my crap
Ive not bought anything on ebay for a while.
Been selling and buying a fair bit recently, the items i buy i get for really cheap so i wont complain, and the items i have been selling ive made a profit on all of it :D
Ive just stumbled upon another unwholesome aspect of this; whilst in the UK we pay final value fees:
10.0% of the amount of the winning bid, up to a maximum Final Value Fee of £40.00,
in the US (on eBay.com), they pay
9.0% of sale price (maximum charge $50.00)
:disappointed: Maybe we should bomb America (can I say that?) :lol:
How can they justify this?
I got a real shock at how much the fees had gone up when I used ebay earlier this year to sell a pair of graphics cards, not sold anything on there for a few years and I doubt I will be in any rush to any time soon looking at this price hike!
I wonder why theyre pumping up the prices so far tho ?
it cant cost that much to run (compared to what they have coming in)
Id be surprised if it averaged out at anything more than a few pence/auction
once they start taking the piss like this, all it does is make people look for somewhere else to sell there stuff.... theyve already got a monopoly.... if they keep the prices lower theyll keep the monopoly
Problem is you weigh up the extra money you might make from ebays larger buyers audience vs lower fees elsewhere. Ive listed a few thing tother day and I was going to do it on amazon, their fees are a flat 17% of the cost, which isnt really better.
The fee structure means you end up with people selling at 2 ends of the spectrum. Theres the businesses that subscribe to the power seller program and so get cheaper listings, and the individuals who just want shot of their stuff and dont mind the fees as they get more on ebay than they would if it went to a car boot sale or charity. The people inbetween just get hammered.
Gumtree?
Quote from: XEntityGumtree?
which is owned by ebay, lol
Craiglist which was before Ebay in the US is now really growing again literally due to Ebay looking to get more money out of people all the time.
Quote from: DEViANCEQuote from: XEntityGumtree?
which is owned by ebay, lol
I never knew that until now! Gumtree is great, but IMO only if you live in a big city. Smaller towns dont seem to get as many hits so I have found a lot of stuff doesnt sell in my area. I have however found some real bargains! 8-)
Quote from: DEViANCEQuote from: XEntityGumtree?
which is owned by ebay, lol
Maybe so, but its free to list and sell stuff.
Ive sold many items from cars to phones to computer bits on Gumtree and found some really good bargains too.