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dsteiner
Joined: 11 Jul 2001 Posts: 1305 Location: www.auctionbytes.com
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Posted: Wed Jan 12, 2005 11:12 am Post subject: eBay Announces Upcoming Fees Changes |
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eBay Announces Upcoming Fees Changes
By Ina Steiner
AuctionBytes.com
January 12, 2005
eBay will be changing fees for items listed in certain Business & Industrial categories. eBay also raised monthly subscription fees for eBay stores from $9.95 per month to $15.95 per month.
Among the fee changes are:
Gallery Fees
Gallery will be raised from $0.25 to $0.35 per listing. eBay will also be increasing the size of the Gallery image on search and listings pages by 56%.
BIN Fees
BIN fees will be determined based on the amount of the Buy It Now price. Fees will be charged as follows:
BIN Price / Fee
$0.01-9.99 / $0.05
$10-24.99 / $0.10
$25-49.99 / $0.20
$50+ / $0.25
10-Day Duration Fee
The fee for 10-day duration listings will be raised from $0.20 to $0.40 per listing.
eBay Stores
The fee for the Basic eBay Stores subscription will be raised from $9.95 to $15.95 per month. The fee for Featured and Anchored Stores will be unchanged.
eBay Stores insertion fees will remain unchanged. The Final Value Fee for Stores items will change as follows:
Closing Price / Fee
$0.01-$25 / 8% of the closing price
$25.01-$1000 / 8% of the initial $25.00, plus 5% of the remaining closing value balance ($25.01 to $1,000.00)
$1000+ / 8% of the initial $25.00, plus 5% of the initial $25.01 - $1,000.00, plus 3% of the remaining closing value balance ($1,000.01 - closing value)
Business & Industrial Listings in Certain Categories
The insertion fee for certain categories will change to a $20 flat fee, regardless of starting price. The Final Value Fee will be charged at 1%, and will not exceed a maximum of $250. Reserve fees will be changed to $5, which will still be refunded if the item sells.
The above changes apply only to the following categories:
Agriculture & Forestry > Modern Tractors & Equipment (category #: 91952)
Construction > Heavy Equipment (25249)
Food Service & Retail > Concession Trailers & Carts (67145)
Healthcare, Lab & Life Science > Imaging & Aesthetics Equipment (92035)
Industrial Supply, MRO > Fork Lifts & Other Lifts (42915)
Manufacturing & Metalworking > Manufacturing Equipment (92080)
Manufacturing & Metalworking > Metalworking Equipment (92082)
Office, Printing & Shipping > Commercial Printing Presses (26247)
Additional listing upgrade fees will remain the same as for eBay.com. Pricing for all other Business & Industrial listings outside the affected capital equipment categories will remain the same as for eBay.com.
eBay will also introduce Buyer Protection covering up to $20,000 per item in these capital equipment categories this spring. eBay will offer this Buyer Protection at no cost to the buyer or seller.
The following fee changes will apply to vehicle listings on eBay Motors.
Fee Changes for eBay Motors Vehicles Listings:
Reserve
Reserve will be charged at a $5 flat fee for all eBay Motors vehicles categories except Pocket Bikes. Your fee will still be refundable if your item sells.
10-Day Listings The fee for 10-day listings will be changed to $8 for all eBay Motors vehicles categories except Pocket Bikes.
Pocket Bikes Category
The following only apply to the Pocket Bikes category on eBay Motors:
The insertion fee and Transaction Services Fee will lowered from $30 each to $3 each.
Reserve will be charged at a $2 flat fee, and will be refundable if your item sells.
Gallery will be free, as it is for all Motors vehicles listings.
Motors HomePage Featured fee will be charged at $24.95.
Vehicle Picture Pack fee will be priced at $1.50.
Listing Designer will be $5.
All other listing upgrade fees will be charged at the same rate as they are on eBay.com. |
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onlineseller
Joined: 11 Feb 2004 Posts: 407
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Posted: Wed Jan 12, 2005 11:33 am Post subject: |
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Isn't it a bit too early for an April Fool's joke?
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martha baerreis
Joined: 14 Jun 2004 Posts: 194
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Posted: Wed Jan 12, 2005 1:25 pm Post subject: |
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Well, they haven't sent us an email yet, and it looks like most won't affect us too radically, but they are still cheaper than most.
Life in these times,
martha  _________________
Baerreis Art Craft and Collectibles |
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Fast-Pack.com
Joined: 09 Dec 2001 Posts: 705 Location: Lee, Florida - Madison County
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TWK
Joined: 12 Jan 2005 Posts: 2 Location: Illinois
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Posted: Wed Jan 12, 2005 2:04 pm Post subject: |
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Once again, it is the low-volume seller who takes the hit in the pocketbook. Seems to me that I heard on the news that the 3QTR04 eBay financial pictures was in the Billions (yes,with a B), and that of the 100 top-paid USA executives list, FIVE of them were eBay employees.
It is time to get serious about moving my store off site. I can make enough to cover the fees at ten bucks a month. But, to raise it so dramatically (that is about a 62% increase, if I am thinking clearly at the moment) is truly ridiculous.
Should they actually need additional fees for something, perhaps they should offer something in return, like listening to the seller's concerns.
While I have about 300 business cards left with my eBay store addy on them, I can certainly print out a note to place on the back with a new store URL on it! There are other places that won't cost as much to use.
Since eBay already allows actual businesses to sell on eBay, already cutting into the chances of a sale for the smaller guy, it seems that the increase should have been a smaller percentage, and shared across the board. While they are giving free listing days to the other domains, the US continues to get hit with fee after fee. Between eBay and PP, they eat quite a bit of any small profit I make at this point. PP is still cheaper than a regular merchant account, so I'll continue to use them. But, there is no reason to continue to stay on eBay when there are so many other venues (including a direct URL with PP buttons).
Truly, this is an extreme raise for the smaller store owner .
eBay, can't you see past the greed?? |
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TWK
Joined: 12 Jan 2005 Posts: 2 Location: Illinois
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Posted: Wed Jan 12, 2005 2:07 pm Post subject: |
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I guess this was our Valentine's Day gift. I'd rather have chocolate... |
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martha baerreis
Joined: 14 Jun 2004 Posts: 194
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Posted: Wed Jan 12, 2005 2:12 pm Post subject: |
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I may be mistaken, but I believe that anyone who sells more than $50 a quarter is considered to be "in business".
And if one takes a booth at a flea market, one pays a fee, plus all the time to pack, load, travel, unload, set up, load, travel, unload and if it is just one time, unpack. Makes the internet look cheap, heh???
In every state I know of, one is allowed only one garage sale a year without registering or paying sales tax.
If I am wrong, please accept my apology in advance.
I don't think greed has anything to do with being in business. Most of us are just making a living, and anyone who is rich would not be doing this. right?
Just my humble opinion...  _________________
Baerreis Art Craft and Collectibles |
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nolav
Joined: 26 Sep 2002 Posts: 1 Location: Arkansas
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Posted: Wed Jan 12, 2005 2:28 pm Post subject: I don't know about you but..... |
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This news of eBay's increases finalized my decision to close my store on eBay and open TWO on Wagglepop. The store is only $7.95 a month, listing and BIN are free. Gallery photos are 5 cents. Big difference, huh! I have been looking for the past several months for a better venue and finally found one.
My sell through rate has dropped by half since last year and for this, they want to charge me more, no way, Jose!
nolav _________________ nolav |
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Tregaque
Joined: 26 Jan 2002 Posts: 305 Location: West Wales UK
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Posted: Wed Jan 12, 2005 8:36 pm Post subject: |
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Here are some details posted by Ebay on the Uk powersellers board regrding our fee changes.
I not with interest a few ruductions!
Tregaque
+++++++++++++++++++++++++++++++++++++++++++++
Today, we are announcing that eBay.co.uk will be making changes to the fee structure effective February 18, 2005. Items that are scheduled to begin on eBay.co.uk after midnight (Greenwich Mean Time) on February 18, 2005 will be charged based on the new fees.
Scheduling Fees
The fee for scheduling a listing using the Sell Your Item Form or Turbo Lister will be reduced from £0.12 to £0.06 per listing.
Subtitle
The fee for using a Subtitle for your Item Title will be reduced from £0.50 to £0.35.
Highlight
The fee for using the Highlight option will be increased from £1.50 to £2.50.
Motors Final Value Fees
The Final Value Fee in Vehicles categories (Cars, Classic Cars, Motorcycles, Other Vehicles) will be increased from 0.5% of final sale price to 0.75% of final sale price (minimum of £15 and a maximum of £30 applicable as before). There will be no change to Insertion Fees for Vehicles which will remain at £6.
There will be no changes to Basic Insertion Fees or Final Value Fees, other than in the Vehicles Categories as noted above.
Some other eBay sites have also changed their fee structures. To learn more, please check Announcements for the eBay site of interest.
We understand that fees directly impact our members, and take care to ensure that any decisions to change fees are made only after careful consideration of this impact. These changes will help us continue to sustain and develop a thriving global marketplace, while balancing the needs of our buyers and sellers around the world
http://www2.ebay.com:80/aw/marketing-uk.shtml#2005-01-12155313 _________________ http://stores.ebay.co.uk/Merchfach-Books-and-Collectables |
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beadsnbags
Joined: 22 Aug 2003 Posts: 335
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Posted: Wed Jan 12, 2005 8:49 pm Post subject: |
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| At least the 8% final value fee is only to store listings and not auction listings.......so far but I'm sure that's coming there too eventually. |
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noys2004
Joined: 12 Jan 2005 Posts: 2 Location: Graham, TX
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Posted: Wed Jan 12, 2005 11:13 pm Post subject: Moving to Wagglepop |
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I'm taking my business to Wagglepop. Goodbye Ebay  |
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martha baerreis
Joined: 14 Jun 2004 Posts: 194
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Posted: Thu Jan 13, 2005 1:13 am Post subject: |
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do you sell well on wagglepop???
I have never heard of them. What are they?
Just curious.
martha  _________________
Baerreis Art Craft and Collectibles |
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arrad
Joined: 13 Feb 2004 Posts: 86 Location: UK
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Posted: Thu Jan 13, 2005 7:35 am Post subject: |
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Does not seem to have as much impact for UK sellers as the US guys, why alter the fees in one country and not another?
Personally if they put the shop fees up for UK sellers I would get rid of mine, I sell enough from it to cover the costs (just) and it is a nice 'extra' but not worth spending more than I am making on it. _________________ Just a big kid at heart! and now with an Ebay shop at:
http://stores.ebay.co.uk/arradsfilmmusicandgamesshop |
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NoFreeLunch
Joined: 04 Nov 2004 Posts: 15
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Posted: Thu Jan 13, 2005 9:01 am Post subject: It IS Good To be The KING! |
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Those selling on Ebay who can use another venue to sell are probably thinking seriously about doing so. And with good reason. Ebay is and always has been the 800 pound gorilla that can do as he/she pleases without needing to really consider their clients. Not many other businesses can do that. Not even MSFT.
Those of us too tied in to Ebay who can not make an easy transition will just suck it in and pay the higher fees knowing that soon they will be raised AGAIN.
Yes it IS good to be the king. |
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beadsnbags
Joined: 22 Aug 2003 Posts: 335
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Posted: Thu Jan 13, 2005 10:07 am Post subject: |
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| martha baerreis wrote: | do you sell well on wagglepop???
I have never heard of them. What are they? |
They don't sell at all because Wagglepop is a brand new site without any sales or traffic because they aren't even open yet.
Beads |
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