eBay fees dont hurt as bad as you think!

Nickleanddime

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eBay fees don't hurt as bad as you think!

While I don't care for the nickel and dime feeing. They are nothing compared to a flea market setup or actual retail store. People think it costs tons to sell here's my breakdown of my march sales as a example.

eBay fees 59.60 on 327. Total sold. 31 (winter clothing) unsold BIN listings at .30 a piece is 9.00 just in gone money. But 17 sold listings for that intake amount. Add another 7.00 for my current BIN listings that were on a 30 day cycle that started in the march invoice, and 4.20 for the BIN that sold. So $20.ish just in BIN listing.

That leaves 270.10 pay pal took another 25 in fees for the payments I received. So I banked 245.10 in my pocket not including the price I paid for the items which is never over $10 bucks, but most items I buy is $1 to 3 bucks. Only 2 were $10 and 1 that was $40 but it was 9 seperate items in a lot. So my actual out cost is around $90 bucks in product for a profit of $160.10. Not to bad for doing something I love to do.

The reason I layed my last month out like that was to show the people who complain about fees it's a heck of a lot cheaper then a shop set up or going to a flea market and setting up. My total haul wouldn't have paid my shop fees or the rent and would have paid just setup fees and gas and food for god knows how many flea markets you'd have to set up at to make that back. Plus peope are willing to spend more on eBay then at either place. So quit your complaining and start making money. And by the way I only spend 5 hours a week doing my purchasing items that's Saturday and Sunday. Hope people don't get crappy about this post not intending it to be braggart just a example of how little effort and cost it is to sell on there.
 

I agree with you... For the most part. I do think a 2 dollar fee to have a reserve price is excessive though...


Sent from a empty soda can!
 

Nickleanddime- you forgot to add the costs and time it takes to package the items. Time is money. I have never complained about the fees on eBay. Quite the opposite actually. I know what local auction houses charge and I know what it takes to set up and sell at a flea market, show, or rent a booth in an antique mall, so in comparison eBay is cheap in that respect and will usually get you the best price too. I have and will continue to complain about the new "transaction defect rate" implemented last spring because it is defective in itself. That has been my one and only real complaint about eBay in and of itself. Actually I have another complaint about this years new spring seller update but that has yet to come into play, so I will refrain for the time being.

I agree with you... For the most part. I do think a 2 dollar fee to have a reserve price is excessive though...


Sent from a empty soda can!
That's going up to $3 or 2% of the reserve price (up to $100), whichever is higher, starting on May 1. I think the reserve price is a useless feature anyway. It actually turns me away from 99.5% of the listings/sellers I see with a reserve.
 

I can understand a reserve on a item but people don't understand how it works. A reserve price is the absolute bottom you will go before it hurts. The sellers on eBay use them as the highest they want lol.

Another pointless feature is the auto bid. It's great if your away when the clock runs out but people use it from minute one on new listings. Then they put the highest they will go which could be 2 or 200. That drives other bidders away and forces the buyer to take a lower bid then if a bunch of people were live time buying.

You can't go to a real auction and as soon as a item comes up yell i bid a 100 but only if it gets that high. Until then every bid you get ill beat it by .50 cents till we get there. Then go home can you? Nope you have to stay and fight the others bid by bid. If you zone out or get distracted or have to run to work then that's your problem. So why should Ebay be any different.
 

I completely agree about eBay's fees. You will never hear me complain about them getting their cut of the action as they provide a invaluable service. I disagree with you about the auto bid, however. In my opinion, this feature allows more buyers to participate in the auction. For a seller, more buyers usually means higher prices and that is always a good thing.
 

I am starting to send things to auction houses rather than ebay, just for the pure convenience. Or for things that don't sell on ebay. The commissions on ebay are lower, true, but the prices realized seem to be just as strong. I had an item that wouldn't bring $25 on ebay for months sell it for $75 at an auction just by dropping it off. And there's no hassle with getting up on Monday morning to pack and ship 10 items. Or buyers who change their mind, or don't pay, or the post office. When you add all that up, it's a better experience for me, the guy who is doing all the work. Plus, I am just weary of dealing with ebay and the 'buyer is always right even when they're wrong' culture they've created.
 

I am starting to send things to auction houses rather than ebay, just for the pure convenience. Or for things that don't sell on ebay. The commissions on ebay are lower, true, but the prices realized seem to be just as strong. I had an item that wouldn't bring $25 on ebay for months sell it for $75 at an auction just by dropping it off. And there's no hassle with getting up on Monday morning to pack and ship 10 items. Or buyers who change their mind, or don't pay, or the post office. When you add all that up, it's a better experience for me, the guy who is doing all the work. Plus, I am just weary of dealing with ebay and the 'buyer is always right even when they're wrong' culture they've created.

I agree. There are certain items where a local auction house is the best option. The fees will likely be the highest for using this service but, as stated above, the risk is low.
 

Care to share?

Some model trains. Nothing exotic.
My working theory is that if it is a one of a kind item, you need the reach of ebay.
But if it is an ordinary collectible, there are buyers locally.
 

Some model trains. Nothing exotic.
My working theory is that if it is a one of a kind item, you need the reach of ebay.
But if it is an ordinary collectible, there are buyers locally.
Thanks. I have 3 or 4 cuckoo clocks (for starters) that I really don't want to deal with as far as eBay goes. I was thinking about maybe bringing some items to a local auction house, just have to figure out which would be the best one to use.
 

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