Congratulations on finding the Online Auctions page! Time to say good-bye to those heavy eBay Seller Final Value Fees!
If you're an eBay seller, recall the good days when fees were close to 2.4%? Well, you 're not alone! eBay continues to raise their fees, and one of their most recent Final Value Fee Hikes was hiked to 9% with some listings going at high as 13%, so just how can one make a profit when their profit margin is already low. A lot of sellers are frustrated with the recent Final Value Fees added to the shipping costs that you charge as well! eBay Fees quickly add up and some months some sellers are paying anywhere from $100's to even $1,000's for the extreme sellers. Add that up over a period of a year, and imagine how much eBay is making from your hard work!
After you add eBay Insertion Fees, eBay & Postage Final Value Fees, PayPal Fees, Packaging Fees, Gas to get to the Post Office, Postage Fees, Time and the all the other things needed to sell... all those fees quickly add up to extreme costs.
For example: You buy a $10 book. You list that item for $20 as Buy-Now with Free Shipping.
You pay an Insertion Fee of $0.50.
Item sells so eBay charges you $2.60 (13%)
Buyer pays through PayPal (owned by eBay) which charges you $0.88 (2.9%)
Shipping costs you $4.95 domestic
Then you also have to drive to post the item which would be say $1 for gas if you're posting more than one item.
Also your time is valuable, but we will ignore your time in this scenario.
|Final Value Fee:||$2.60 (13%)|
|Total eBay Fees:||$3.10|
|PayPal Fee||$0.88 (2.9%)|
See how quickly those costs add up? Looks like many people are working for free on eBay making eBay money from the sweat of their brow! The Alternative to eBay is defiantly eBid!
eBid has over 21 thousand new members joining each month and has over 5.5 million listings, the great thing is that eBid is now recognized as the largest free to list alternative to ebay online auction site and has also been voted the best.
eBid also offer up to 5 free stores! Do your part and list on eBid, and if buying an item, if available, only buy through eBid to help support the community! Saying good-bye to continually hiked fees! Ultimately you will save in selling and buying.
How so when buying? Because there are no Seller Final Value Fees on Shipping, the seller doesn't have to pass that cost to the buyer, of which happens a often. Now that's smarter!
Are you worried about leaving all your feedback behind on eBay? No worries, you can easily have that feedback rating copies over to your eBid account! Now you can be certain to keep your hard earned reputation.