Ebay Vault - Marketing/Shipping

[D. Bergin]

Not a fan, but as a seller on Ebay, I hope it becomes wildly popular, because every time Ebay collects sales tax from a buyer, it costs me more money in selling fees.

However, seeing as I sell mostly memorabilia and lower end cards on Ebay, it probably won't be much of a factor either way for me.

[Cory]

You pay seller's fees on sales tax?

[darwinbulldog]

Originally Posted by Cory

You pay seller's fees on sales tax?

I don't believe so. I think you just get lower winning bids.

[D. Bergin]

Originally Posted by darwinbulldog

I don't believe so. I think you just get lower winning bids.

You get lower winning bids AND you pay for the privilege of Ebay collecting the sales tax for you.

[darwinbulldog]

I have an update here in case anyone else was thinking of giving the eBay vault a try as I did. I bought a modern shiny card explicitly to see if using the vault and flipping might be profitable, at least under the current structure. It turns out the title field a) automatically populates, b) is uneditable, c) leaves out important search terms, and d) is factually inaccurate (wrong grading company). Furthermore, the photos cut off the edges of the slab so any interested buyers who did manage to find the card wouldn't even have the reassurance that the slab hasn't been tampered with. So now I can either run a poorly titled (fraudulently titled actually) and poorly photographed auction or I can pay hundreds of dollars that I was allegedly saving through the vault to have the card shipped to me so I can list it correctly.

0/10. Do not recommend.

[Snowman]

Originally Posted by darwinbulldog

I have an update here in case anyone else was thinking of giving the eBay vault a try as I did. I bought a modern shiny card explicitly to see if using the vault and flipping might be profitable, at least under the current structure. It turns out the title field a) automatically populates, b) is uneditable, c) leaves out important search terms, and d) is factually inaccurate (wrong grading company). Furthermore, the photos cut off the edges of the slab so any interested buyers who did manage to find the card wouldn't even have the reassurance that the slab hasn't been tampered with. So now I can either run a poorly titled (fraudulently titled actually) and poorly photographed auction or I can pay hundreds of dollars that I was allegedly saving through the vault to have the card shipped to me so I can list it correctly.

0/10. Do not recommend.

Oof! What a mess. Thanks for the heads up. Definitely will not be using the ebay vault

[Leon]

0/10 isn't very good. I say their program doesn't stand the test of time. They have lost too many users in our space. But who knows, I have been wrong before.

Originally Posted by darwinbulldog

I have an update here in case anyone else was thinking of giving the eBay vault a try as I did. I bought a modern shiny card explicitly to see if using the vault and flipping might be profitable, at least under the current structure. It turns out the title field a) automatically populates, b) is uneditable, c) leaves out important search terms, and d) is factually inaccurate (wrong grading company). Furthermore, the photos cut off the edges of the slab so any interested buyers who did manage to find the card wouldn't even have the reassurance that the slab hasn't been tampered with. So now I can either run a poorly titled (fraudulently titled actually) and poorly photographed auction or I can pay hundreds of dollars that I was allegedly saving through the vault to have the card shipped to me so I can list it correctly.

0/10. Do not recommend.

[D. Bergin]

Originally Posted by Cory

You pay seller's fees on sales tax?

Yup, full Final Value fee (anywhere from 12% to 15%, depending on how and what you're selling) on the Sales Tax / Vat Tax / Shipping Cost

Add another point and a half or so, if you sell your item Internationally.