The Register reported today that eBay are changing their seller fees structure from 24th September. The bottom line is that between eBay and their payment subsidiary PayPal they’re going to be taking an even bigger chunk of the sale value from you:
- Buy It Now (BIN) insertion fees becomes a flat 40p, from a scale between 10p (1-99p value) and £1.30 (>£100 value);
- BIN final value fees increase to 9.9% (<£50), 5.9% (£50-600) and 1.9% (>£600);
- Auction insertion fees are unchanged;
- Auction final value fees increase to 8.75% (<£30), 5.25% (£30-600) and 1.5% (>£600).
Of course if you use PayPal then they will also take a slice on top of all of this!
Once you add all of these charges up, the sale price you see on your auction can seem quite a long way away. The general opinion seems to be that eBay are skewing their pricing structure towards volume sellers, which just helps eBay to become even more of a community of dodgy China and Hong Kong-based sellers, with a sprinkling of more local con artists.
It’s very frustrating that I’ve managed to accumulate a nice feedback score over the years which is pointless when it doesn’t make financial sense to sell the occasional item any more.
I’ve heard that eBid is a credible alternative to eBay with lower charges, but I’ve never used them before… can anyone recommend them or indeed any other alternatives?
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