Earlier quoted context omitted.
High fees are bad, but so is low sell-through. How do you drive traffic to listings?
Few ways currently, and more to come in the next few months. Basically: 1. Sharing your listing on social networks (good, not great for driving traffic). 2. Ability to list on multiple marketplaces, so you don't NEED to sell it through SellSimple - you can still list it on ebay, craigslist, etsy, etc. If it sells on one of those marketplaces, we'll auto-delete your item from SellSimple and all the other marketplaces.…
EBay is about to increase its seller fees to 10%
71–80 of 101 posts
Re: EBay is about to increase its seller fees to 10%
#72If you were looking to dirupt eBay's business model, you couldn't pick a better time. While considering a price adjustment on a high-value item I'm selling, I went to their fee calculator to explore some other price points. I was mystified to see not only the fee I expected of ~$55, but a 'New Fee' of $123. Thinking I'd made a mistake, I explored further, and noticed that as of April 16, casual sellers who don't have…
Interesting to see this move by eBay - we've found that high fees for casual sellers is a huge pain point. By focusing their fee structure towards power-sellers they also happen to be alienating a large group of casual sellers. We're trying to solve this problem (among others) with our product SellSimple. Free app, free postings, and 5% if it sells. Check it out, would love to know what you think: http://sellsimple.c…
I'd really want to be able to scan over hundreds of results in seconds. Not tediously hover over each and every result to see what it's worth. It takes too long.
Re: EBay is about to increase its seller fees to 10%
#73FYI: I sell on both Amazon and eBay. On ebay I pay for "Buy it Now" listings ($0.50 insertion) and 11% final value fee. So for me the cost is going to drop by 1% and .50 cents.
eBay is doing this to compete and catch up to Amazon. Auctions are a fad on their way out, and "buy it now" is where it's all at. Store style.
Amazon fees are MUCH worse than ebay + paypal fees combined, btw. Plus on Amazon you can't have calculated shipping so you have to buffer your shipping. I had to lie about my calendar weighing 4lbs just so I can force Amazon to calculate shipping more fairly. So sometimes you lose some money and sometimes you win. While on eBay calculated shipping charges buyers based on dimensions, weight, and destination so you charge your buyer the exact shipping cost down to the penny.
The problem with the OLD ebay rates is that they discouraged people from posting "Buy It Now" items. There's a barrier to entry. If you wanted to sell, lets say, 10 products on ebay with a "buy it now" price you had to pay 0.50/listing (not per item or sale) and they would be on there for a month /or/ until that item's quantity reached Zero and sold out. Now, you can put up to 50 items on ebay for free.
Ebay's old prices favored Auctions, ebay's new prices favor store style listings. It's now cheaper to start a store on ebay.
Re: EBay is about to increase its seller fees to 10%
#74Actually the cost to sell on ebay will be closer to 14% since paypal is practically mandatory and they take 3.3% I wonder what they are going to do when all the bigger ticket items start disappearing from listings, except for those with $250 a year stores of course.
Re: EBay is about to increase its seller fees to 10%
#75Earlier quoted context omitted.
Interesting to see this move by eBay - we've found that high fees for casual sellers is a huge pain point. By focusing their fee structure towards power-sellers they also happen to be alienating a large group of casual sellers. We're trying to solve this problem (among others) with our product SellSimple. Free app, free postings, and 5% if it sells. Check it out, would love to know what you think: http://sellsimple.c…
looks like a good product, downloading now - always willing to try a sales competitor! quick typo in your App Store update description, though! separate. anyone have an easy mnemonic for that?
"par" is pronounced as in golf and emphasized.
Now that I'm typing this, it sounds a little crazy, but it's always worked for me.
Re: EBay is about to increase its seller fees to 10%
#76Earlier quoted context omitted.
I looked at it; very interesting. But why does someone have to sign-in to buy? That is a major turn-off. I can't use something that people need to register an account for to buy. Just take a CC and shipping info and pass it to me.
Seems to be a fraud deterrent. I once had an eBay listing that was "purchased" by a Nigerian scammer. Buyers need to have a reputation system as well in a viable eBay replacement.
Since all payments enter escrow, without an account, the buyer can't release the payment to the seller.
Re: EBay is about to increase its seller fees to 10%
#77Why? Fraud. The first time, I didn't set the option to only sell to established users. I got bids from people with minutes-old accounts that I knew were fraudsters waiting for the end of the auction. Sure enough, they tried to pull a scam and I contacted ebay. After weeks they ended up locking that account. I relisted and the same buyer bid, even though I really cranked up the safety controls that an ebay customer support rep told me to use. The winning bidder? Account created 5 minutes before. I called ebay, said the email I got from the winner was a carbon copy of the first, fraudulent bidder's email.... it still took weeks while I waited for the auction to be voided. The total time I lost was well over a month.
On Craigslist, I definitely got a bunch of scammers, but they had no power over me. I just ignored their emails and waited for someone serious, which didn't take but a few days and we finished the deal at a local bank. We were both happy with the transaction.
I will NEVER use ebay to sell again.
Re: EBay is about to increase its seller fees to 10%
#78Earlier quoted context omitted.
Few ways currently, and more to come in the next few months. Basically: 1. Sharing your listing on social networks (good, not great for driving traffic). 2. Ability to list on multiple marketplaces, so you don't NEED to sell it through SellSimple - you can still list it on ebay, craigslist, etsy, etc. If it sells on one of those marketplaces, we'll auto-delete your item from SellSimple and all the other marketplaces.…
Here's an idea to really drive traffic: Your fees are 5%, eBay users will soon be charged 13% (including PayPal fee). So give your sellers the option to list on SellSimple for a price 5% less than eBay. For example, a $100 item on eBay would sell for $95 on your site. Then in the ebay listing description add some key phrase like "Heyy Folks Be Quick" - the buyers will quickly learn that such a phrase means "get a 5%…
Likewise, adding a phrase which may even suggest purchasing for less on another marketplace will probably lead to them editing or removing the listing from eBay as well.
If you are going to do that idea then, do it as a marketing campaign, not on eBay listings.
Re: EBay is about to increase its seller fees to 10%
#79If you were looking to dirupt eBay's business model, you couldn't pick a better time. While considering a price adjustment on a high-value item I'm selling, I went to their fee calculator to explore some other price points. I was mystified to see not only the fee I expected of ~$55, but a 'New Fee' of $123. Thinking I'd made a mistake, I explored further, and noticed that as of April 16, casual sellers who don't have…
Interesting to see this move by eBay - we've found that high fees for casual sellers is a huge pain point. By focusing their fee structure towards power-sellers they also happen to be alienating a large group of casual sellers. We're trying to solve this problem (among others) with our product SellSimple. Free app, free postings, and 5% if it sells. Check it out, would love to know what you think: http://sellsimple.c…
After years of fighting and with a dedicated team, eBay is still losing that battle.
And, as the "conduit" for this fraud, you will be blamed by both buyers and sellers, which is obviously no good for your brand.
Not to be negative, but fraud can literally put you out of business.
Re: EBay is about to increase its seller fees to 10%
#80Earlier quoted context omitted.
I looked at it; very interesting. But why does someone have to sign-in to buy? That is a major turn-off. I can't use something that people need to register an account for to buy. Just take a CC and shipping info and pass it to me.
>But why does someone have to sign-in to buy? How would eBay enforce "your bid is a contract" for auctions without user authentication?