I was going through the boards at greedbay this morning and one member has jotted down the difference in fees that greedbay are making from 24th Spetember......It is far simpler to understand like this ..I have only copied this so if may not be 100% accurate ...I am sure it is though. This is not the complete price change structure but shows the massive increases that will effect the small time seller
So basically Final Value fees for BIN's under £30 go from 7.5% to 9.9%. £30 t0 £50 go from 4.5% to 9.9%.On auctions under £30 FVF 7.5% to 8.75%. £30 to &50.4.5% to 7.25%.Strip out the PR, that is a gigantic increase in fees.Especially in the £30- £50.Factor in PayPal (and what is going to happen to THEIR fees) and Ebay's SELLER fees are getting nearly the same as the Major London auction houses(15%).
Simpler version.
10% FVF+ 60p insertion and PayPal fixed fees.+ 3.3% PayPal fee on entire transaction.+ 50p per day, minimum service fee for shops.
Doesn't include the cost of missing parcels or unsold items.
It's a hefty chunk.
TTG.
Actually, TTG, I think you may have over-estimated the insertion/Paypal fixed fees? If you have a shop, insertion fee will be 20p max - is the paypal fixed fee 40p a whack?
Prices quoted are starting prices. Not everyone has a shop, but yes, if you do the 60p insertion and PayPal fixed fee drops to 40p.
For what it's worth.
Still a hefty chunk.
The way I see it, apart from screwing the small sellers like me, they are going to give back shop listings full visibility on the searches, at three times the price though, and why? Because eflop express didn’t quite go to plan for the MONEY MONSTER.
Not being satisfied with that, they are going to take more than twice the amount for the monthly basic shop subscription. It don’t stop there though, they thought they would increase the final value fees too.
So, unless you are selling a huge amount of items and fork out at least £50 every month for a shop, you will be out of pocket big time.
But we shouldn't moan...it's not like anything else has had a price rise
I just had a better look and... please pardon the language, but.... jesus christ, **** hell and oh-for-****-sake those increases are absolutely disgusting! It outrageous! I think, I think... ***THUMP ON THE FLOOR***
enough said?
Sorry - posted this on another thread - not realising this thread existed.......so copied and pasted across................
Have not listed here for awhile - main reason being it was becoming increasingly time consuming/complicated keeping up with listings - improving/ammending listings and popping into the forum...........for little chats here and there.................... - decided to simplify web presence to just a few listings on other side and personal websites and have to say things have been going OK.
Its going to be interesting to see what happens when other sides new fee structure takes place....................first impression is that its going to wipe out any profit ....................the increases are really drastic............is all the effort is it really going to be worth it???????????????? Cant see any benefits to sellers at all..............why are they trying to break something thats not broken - sales have been good lately - why are they messing up?
Always liked Tazbar - lets hope mass exodus hits here ................
Time will tell................
Well..Me & a few of my freinds on Greedbay are closing down our shops due to the fees.
I have told them to come and give it a go here.
Also now e-mailing my buyers to tell them too.
Fees are Non-Profitable now.Ebay will loose out dramatically due to this.
If you read the whole boards..All you see now is..i,ve closed or i,m closing my shop due to fees!!
Ritchie - I agree.I did the same with a few people I buy from, I really do hope we hear a nice big **flush** when eBay goes doen the pan.
Its taken at least an hour to place 3 listings - does that mean that everyone else is listing here tonight as well??????????? The mass exodus from the other side................???????????? or is there a problem with the server??
Jax
i totally agree i am just setting my business up i have a shop on greeday but that is closing on the 31st august, due to the new fees, threy will cripple me totally, i have listed a few items on here, but today it as took me ages to list so i may end up leaving the rest till 2moz now, most of what i sell over there is buy it now as it is on here and on another site i am selling on at the mo, i even do most off my auctions offline as i use my turbo lister so i can see what the auction looks like before i place it anywher.
if you do have a shop on greedbay then make surre you do it at the end off august as you will get charged for spetember, as i was informed or by your next billing date as long it is before the change in fees otherwise you will end up paying the new fees.
jules ad
sorry this is nothing to do with the topic.
i love your avitar we have 6 chinies how many do yuo have