Online auction site ePier is raising its final value fees while keeping its no listing-fee policy in place and also said it has several marketing campaigns planned. Founder James Kim said the decision to raise fees "will ensure that ePier will prosper, not disappear as many others have, and benefit many people to come." He said ePier has seen an increase in listings and repeat buyers this year and is focused on marketing and improving the site.
ePier will mail 30,000 flyers to members for them to post and distribute and will send tshirts to about 600 of the site's "best and loyal sellers," according to Kim. Other campaigns are in the planning stages.
ePier is increasing final value fees as follows: Fees for items with a closing value of between $0-$25 will rise from 2.5% to 5% of the closing value; fees for items with a closing value of between $25-$1,000 will rise from 1.5% to 2% of the closing value; and fees for items with a closing value over $1,000 will rise from .5% to 1% of the closing value.
http://www.epier.com/announce.asp
