I mostly use eBay for buying rather than selling.
Sold a pugmill in april for £250, various insertion fees, regulatory feed, final valuation fees and vat ate £33 of that, just sold a kiln for £2,500 fees are zero.
It seems that (apart from vehicles) you can sell 5,000 items totalling £40k each month before they charge you, how does eBay make money now?
They've been feeling the heat from FB Marketplace, Depop, Vinted and other marketplaces. As of 1st October there are no seller fees, *but only for private sellers*. ebay also sells a vast number of new fixed-price items from business sellers in a similar vein to Amazon - that's where they make most of their money. It's a long time since they were an 'auction site'.
For private sellers this just makes it more competitive with selling stuff on FB/etc. I think it's 300 free items per month for private sellers, not
5000, BTW. If they spot you're selling stuff as a private seller in the course of a business then they'll 'encourage' you to upgrade to a business seller account. (which also enforces legal requirements like rights for customers to return, etc)Theo
They've been offering credit recently via a tie-up with some finance outfit called Klarna. That in itself should generate a tidy sum in revenue. Not sure what else they have to rely on since competition forced them to drop seller's fees.
Ah, I see that I'm allowed to sell 5000 items/month, but only the first
300 will be free ... I'd have expected the barrier would be lower to be considered a business seller.
Id be interested in the answer too.
Ive got loads of quite valuable crap to dispose of
Thank you.
Transaction fees (Paypal maybe?), credit, and in the main business users is my guess.
I'm sure they get a few quid fro 'sharing' my data too ;-)
FYI, just sold a £100 fridge and paid no fees, got paid the sale price.
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