Just a heads up for those of you that use Ebay or are thinking about using Ebay....
Ebay has a new fee policy starting April 19th.
Starting April 19th Ebay will not be charging any insertion fees. If you list an item whether it sells or not you will not have to pay to list the item. (Currently they charge you based on your starting price....which is why so many people start at .99, there is no fee if your item starts at .99 or under.)
Ebay currently charges 9% of the final value fee. They are keeping the 9%, but it looks like the 9% will be across the board where as now it is based on which category you are selling it under. (electronics, books, household...etc.)
The big difference I can see is that the final value fee will now INCLUDE shipping. People have been getting around paying a lot for the final value fee by selling the item for cheap and then tacking on crazy prices for shipping. (Example is a Cricut machine for $50 and $75 for shipping) Ebay is putting an end to that April 19th when they start charging you the 9% including shipping. As a buyer, that's not the best news. That means sellers will probably be raising their starting prices and offering free shipping, or raising their shipping costs to get back the 9% they have to pay to Ebay.
I always advise my readers to do research and check Amazon.com with free prime shipping (or free 4 day shipping with purchases over $25) and compare that price (and the knowledge that it comes from a company and not a personal seller) against Ebay. Also, free local classified listings might be better for both selling and buying items.
I hadn't heard of this. Thanks for the heads up :)
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