Ebay sticking their mitts into sellers pockets again

[iggyman]

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]

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]

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]

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...

[D. Bergin]

Maybe they're just preparing us for the day when Ebay starts to charge us Final Value Fees on items that DON'T sell.


...........or the fact we should list a $200 item for 99 cents and cheer for ourselves when it goes unsold and we don't get charged any fees. I don't know.

[Rich Klein]

Sounds like good advertising for Leon and Matt's nibble at EBay. Don't be suprised if there are not more attacks at EBay by nibbles in other collectible and non-collectible fields.

Rich

[egbeachley]

Every one of those articles mentions the no listing fee if the starting price is under $1.00. So if you have a bunch of poor T206's or whatever that you expect to sell for around $10, it's good.

If you expect it to go over $30, then just start the listing at $1.00.

[iggyman]

Originally Posted by egbeachley

Every one of those articles mentions the no listing fee if the starting price is under $1.00. So if you have a bunch of poor T206's or whatever that you expect to sell for around $10, it's good.

If you expect it to go over $30, then just start the listing at $1.00.

I have to disagree completely. That is NOT going to help you! You will incurr an additional expense with an insertion fee plus the same 9% FVF with the $10 start price. If your item sells for under $26.50 your fees are a little better. That part is fact. Starting something at $10 will not help you with the fees.

Lovely Day...