GusS Posted January 29, 2008 Posted January 29, 2008 http://pages.ebay.com/sell/update08/overview/conveniently not mentioned is that they final value fees are increasingfrom 5.25% of the closing value to... 8.75%. With paypal, this adds up to 12-13% they're pocketing on every transaction. This one will be interesting: Buyers will only be able to receive positive Feedback. I'm guessing the reasoning is to have buyers not hesitate to post neg feedback in fear of retaliation. I can't picture how this won't be taken advantage of.I have a feeling they'll rescind these decisions 2-3 months down the road.
bruce919 Posted January 29, 2008 Posted January 29, 2008 e-bay's fees are insane. I hate to even use them anymore. I have to add a huge hunk of cost on to what ever I am selling to brake even. There needs to be someone else opening an good online aution site to give e-bay a reason to keep there cost down.
DaveL Posted January 29, 2008 Posted January 29, 2008 are you sure about that, I only think it's 8.25 on the first $25.00 of value... then it drops to 3 something percent...
Zoner Posted January 29, 2008 Posted January 29, 2008 are you sure about that, I only think it's 8.25 on the first $25.00 of value... then it drops to 3 something percent...This is true - what is increasing quite dramatically is the initial take on the first $25 - the rest is only going up 1/2 of 1% for the majority of stuff (over $25.01). Still, there are better ways to move quality gear and I am NOT a big fan of Ebay and Paypal (one and the same conveniently for them). Z
peedenmark7 Posted January 29, 2008 Posted January 29, 2008 for doing nothing but hosting its a ripoff...set your price high and let the offers come in offline....gus are you saying that we will no longer be able to post feedback for sellers ?that seems kinda shadey... kinda like when they took our ablity to see who we are/were bidding against , which to me opens up a whole new kind of shilling.
MCChris Posted January 29, 2008 Posted January 29, 2008 They should just do away with feedback entirely, because it is innately flawed at best and complete bullshit at worst. Instead, they should make all monies pass thru some sort of escrow account. Sure, eBay would undoubtedly own and profit from said escrow accounts, but still ....
GusS Posted January 29, 2008 Author Posted January 29, 2008 y'all are right - the 8.25% only applies to the first $25. i misread that. damn! it ain't so bad. peedenmark7 - what i am saying is that sellers won't be able to post negative feedback for buyers
Zoner Posted January 29, 2008 Posted January 29, 2008 gus are you saying that we will no longer be able to post feedback for sellers ?that seems kinda shadey... kinda like when they took our ablity to see who we are/were bidding against , which to me opens up a whole new kind of shilling.No, you won't be able to neg the buyer who flakes on you. If you sell something and the buyer turns out to be a PITA about it after you have completed the deal, you can't neg them - but they can neg you it seems. Z
GusS Posted January 29, 2008 Author Posted January 29, 2008 mc cris : they already do, it's paypal. a buyer can get his money back on any transaction, guaranteed.
MCChris Posted January 29, 2008 Posted January 29, 2008 mc cris : they already do, it's paypal. a buyer can get his money back on any transaction, guaranteed.Is there any benefit/protection for the seller?
GusS Posted January 29, 2008 Author Posted January 29, 2008 ebay/paypal are set up in favour of the buyer, which makes perfect sense. it makes no sense as a buyer to boycott ebay or paypal. if you're a seller, refuse paypal and live with the repercussions. If your shit is hot and rare homies are still gonna flock. if youre sellin BBE sonic maximizers good luck
Feynman Posted January 29, 2008 Posted January 29, 2008 http://www.cnn.com/2008/TECH/01/29/ebay.fees.ap/index.html
MCChris Posted January 29, 2008 Posted January 29, 2008 ebay/paypal are set up in favour of the buyer, which makes perfect sense. it makes no sense as a buyer to boycott ebay or paypal. No, but if you drive away all the sellers, there won't be anything to buy.Kinda like if you discourage musicians from writing and playing original material, eventually there won't be anything for the cover bands to play.Think about it. They jacked up the fees big time for "the first 25 dollars." Folks who sell small ticket items like CDs and clothes aren't gonna be too happy about that. eBay probably is doing this because even though we're used to dealing with more expensive stuff like music gear, the majority of eBay sales are in the "$25 or less" range. Put another way, eBay would not do anything that wasn't in its own best interest first and its customers' best interest second.
GusS Posted January 29, 2008 Author Posted January 29, 2008 No, but if you drive away all the sellers, there won't be anything to buy.Their biggest issue is buyer's confidence, most of their efforts are in that direction. I think they're going in the right direction by rewarding quality sellers with fee discounts and increased visibility and such (which is what's being promised). For small ticket non-collectible items, there are a ton of better alternatives.
Guest pirateflynn Posted January 29, 2008 Posted January 29, 2008 e bay got 2K of my cash last year.Deductable business expense?
peedenmark7 Posted January 29, 2008 Posted January 29, 2008 escrow is b.s. for minor purchases... for something major like a car ok [my wife had a lousy experience on ebay with a collectible car]I can understand that... I told her for the price of a one way ticket to k.c. it wouldve been worth staving off the head aches she went through over it and still lost out... if you escrow everything , youre then not only holding up transactions and sellers money, that would also open up the door for buyers remorse to biblical proportions. I've had a few of those jokers in the past.... they buy, then a day later they buy for a little less... then a a couple weeks pass without payment and you see that theyve bought 4-5 of the same thing till they finally paid what they could actually afford, stiffing the previous sellers.not to mention the dink thats paid , then starts saying he's found one for less so you should give he/she the difference back.I'd rather have them simply not pay , then to start offering a try before you buy scenario. a used car is one thing....and what if the item comes back missing parts or damaged,who absorbs that ???you as the seller do... I am all for keeping things safe... but dont think escrow is the way to go unless in some overseas transaction setting or predetermined larger dollar amount venture.I can see the no neg thing from the sellers end...the only negs I have are from the 5 shit head buyers that didnt pay up... I learned real quick , it did me no good to post neg as I was getting them back in short order.BUT... then how will other sellers know if they are dealing with a rampant non payer if other sellers cant leave those bad marks ? seems this tactic is to generate sales not protect folks.ebay has become a waste of time... just when you as a buyer or seller are comfortable with things, they dump the box upside down on ya changing things...fees, fees,fees.... and the way they break those figures down you need the f'n rosetta stone to figure out what you owe !
BadgerDave Posted January 29, 2008 Posted January 29, 2008 I just calculated the combined listing and final value fees for an item that sells for $2,000.00. Under the old schedule, the toal is $52.80, under the new, $55.31, or a difference of $2.51.Add $60.00 for PayPal and you end up paying about $115.00 in fees.Not too bad, given the exposure and convenience provided by ebay and PayPal.Sellers using PayPal can protect themselves by using a dedicated bank and checking account and transferring money out of it immediately as it is received. PayPal transfes hit my bank within two business days and clear the next day. I withdraw the funds as soon as they clear. Yes, PayPal will threaten to sue you if you don't voluntarily return disputed payments. In reality, though, there's not much they can do other than freeze your PayPal account.
BubbaVO Posted January 29, 2008 Posted January 29, 2008 set your price high and let the offers come in offline.... Bingo! You win the "smart move of the day" award!
LostArt Posted January 29, 2008 Posted January 29, 2008 e bay got 2K of my cash last year.Deductable business expense?of course but only a portion of that actually comes back to you
Recommended Posts
Archived
This topic is now archived and is closed to further replies.