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Community Member
Posts: 1
Registered: ‎07-15-2013

Final Value Fees are too high!!

I think 10% is too high for eBay to charge for a final fee for items purchased. The bigger the item the lower percentage the fee should be. Giving up 10% for an item that you sell for $500 should not cost you $50 to process. Especially sinc most things are sold under cost on eBay. Thoughts?
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frodobagginskennedy
Community Member
Posts: 2,457
Registered: ‎09-25-2007

Re: Final Value Fees are too high!!

in reply to eddieg11

I don't have a probl;em with e bay's FVF.  Try selling on consignment through a Brick and mortor store and see how much they charge you.  Try going through an auction house and see how much they charge you in TOTAL commissions.

 

In my previous life I was a District Manager for large retail companies.  You would be surprised how much it takes to run a business.  10% is good for fees considering you are reaching millions of people daily.

 

Think about it........

This quest stands on the edge of a blade...stray but a little and you shall fail to the ruin of us all.
"The Lady Galadriel"
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pargran3
Community Member
Posts: 2,264
Registered: ‎04-02-2003

Re: Final Value Fees are too high!!

in reply to frodobagginskennedy
Why would anybody sell on eBay under cost?
If you check out other options, eBay is a deal. I know, blast away.
Fees are part of a business plan. if no can do, don't do
boardsig
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macman4623
Community Member
Posts: 150
Registered: ‎11-04-2007

Re: Final Value Fees are too high!!

in reply to eddieg11

Pay the $15/month for the store subscription. The fees go down, and on a $500 item, the amount saved might be more than enough to pay for the $15.

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Community Member
Posts: 575
Registered: ‎06-09-2013

Re: Final Value Fees are too high!!

in reply to eddieg11

Try selling on the River. They take 15% + an additional flat fee ($1.35 for books).

 

I sell women's clothing and pay 9% FVF. It's a deal compared to my next best option for selling.

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ga_bargains33
Community Member
Posts: 15
Registered: ‎07-15-2013

Re: Final Value Fees are too high!!

in reply to eddieg11

I so agree that 10% is too high for FVF.  Hey, it's just not that! Now we pay fees on "shipping" and also on "Paypal" that eBay cleverly bought out for the monopoly of the game.  Geeze.  This latest hike on FVF to 10% is outrageous considering all the other fees involved.  WHY do we get charged on shipping fees?  We have to pay Post Office fees to get the item to the buyer, why to eBay now?  I never charge service charges over and above postage, but have grown to resent having to pay fees twice on postage!  

 

Also.....who came up with this 30% over starting price, for a Buy-It-Now fee???? WHAT??? 30 percent???  I sell my items close to cost or retail.  Hardly ever making much, just getting the items out of my house!  BIN fees are for the advantage of the "BUYER" and eBAY.  The Buyer gets the item faster.....eBay gets their fees faster.....so who's making out here?  Not me!  People are not going to buy items priced at 30% over to get the item.  Geeze eBay - wake up!!!  So BIN is not worth the effort! It was 10%, over the listing price,  which was reasonable, but NOT 30%.!  Outrageous!

 

There.  I had my vent.  Heat does strange things mentally!

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adf07bid
Community Member
Posts: 1,937
Registered: ‎10-30-2010

Re: Final Value Fees are too high!!

in reply to forum_use_id
yea, the river SUCKS for clothing sellers. :smileysad:
they force you to pay for a seller subscription
and then on top of that they have to approve what you want to sell, imagine paying for the subscription only to find out they wont allow you to sell your items.
im not going to even try selling on the river because of it.
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adf07bid
Community Member
Posts: 1,937
Registered: ‎10-30-2010

Re: Final Value Fees are too high!!

in reply to ga_bargains33
GA just do auctions, or buy it now listings, or a mix of both.
doing an auction with a buy it now option is useless now.
this is most likely why they made that change, they want you to choose one or the other not both in one listing.
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pantlandia
Community Member
Posts: 1,788
Registered: ‎07-09-2012

Re: Final Value Fees are too high!!

in reply to eddieg11

eddieg11 wrote:
Especially sinc most things are sold under cost on eBay. Thoughts?

My thought is that the flaw is in your selling strategy, not in eBay's 10% final value fee.

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hidy-hoo
Community Member
Posts: 4,442
Registered: ‎05-18-2013

Re: Final Value Fees are too high!!

in reply to pantlandia

Saw this answer on another board regarding the 30% BIN - interesting!

fruitacres
Community Member
Posts: 1,428
Registered: ‎04-06-2010
 
Re: Being FORCED again to list my BIN at UNREASONABLE HIGH PRICE
in reply to etvideo1ataol

It would appear that the problem with the previous 10% margin was that too many auctions with BIN were ending with the BIN price instead of garnering bids and running up higher sales price.

 

By plan, then, 30% margin should get a greater number of opening bids, thus removing teh BIN option, and hopefully for all parties scoring a final price higher than your BIN.

 

But, like said, nobody forces you to use BIN on an auction and if it does not work try something else.


Our country's #1 export?

- Money! (think about it)

 





How much better would life be, if a liar's pants really did catch fire?flickering flame photo: flame flickering small Flame.gif
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adf07bid
Community Member
Posts: 1,937
Registered: ‎10-30-2010

Re: Final Value Fees are too high!!

in reply to hidy-hoo
imo years ago it would have worked out that way, but now? i dont know. I personally have not seen much bidding on auctions. maybe its just me tho...
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billy_biggle_fan
Community Member
Posts: 1,129
Registered: ‎12-11-2005

Re: Final Value Fees are too high!!

in reply to adf07bid

10% is cheap, comparatively.

 

When I ran B&M stores, I paid upwards of 22-25% each week, just for labor costs.  To say nothing of inventory, overhead, insurance, taxes, payment processing, etc., etc.

 

I currently pay about 17% per sale for both eBay and PayPal fees, leaving an 83% margin.

 

If you can't make money on an 80%+ margin, you're doing something wrong.

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old_man_arthur
Community Member
Posts: 803
Registered: ‎11-13-2007

Re: Final Value Fees are too high!!

in reply to billy_biggle_fan

Yeah, Yeah...

Here is where everyone sucks-up to evilBay.

When I first started selling back in 2007... FVF's were 3% for auctions, 10% for Fixed Price.

(There is one reason why there were more auctions back then)

 

Like I have said... Let's go back to the old Fees.

Charge for ALL listings... and only charge 3% FVF for auctions, 10% for Fixed Price.

 

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old_man_arthur
Community Member
Posts: 803
Registered: ‎11-13-2007

Re: Final Value Fees are too high!!

in reply to adf07bid

adf07bid wrote:
imo years ago it would have worked out that way, but now? i dont know. I personally have not seen much bidding on auctions. maybe its just me tho...

In the ole dazerip 

unless you clicked the search button for Buy It Now listings

all you would see were Auctions and Auctions-with-BIN

Store listing that were totally fixed price were separate. 

That was because back then eBay was a Auction site.

Now I don't know what it is...

But if you search hard enough, you can still find good stuff.

First... Always click Used in your search.cool

 

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deestinytotsnursery
Community Member
Posts: 44
Registered: ‎10-11-2007

Re: Final Value Fees are too high!!

in reply to ga_bargains33

The reason for the fees on the shipping are because when we had free listing fees on items that were $.99 and lower, sellers were jacking up their shipping to avoid the listing fees.  There are always a few bad apples in every crowd and now everybody pays.

 

I do believe the 30% for the BIN is extremely high, but ebay has to make up for the 50 free listings a month some how.  It does hurt sales,  I know.  Send a suggestion to ebay.  I do.  If more people would do this, maybe things would change.  The forums can't do it.

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adf07bid
Community Member
Posts: 1,937
Registered: ‎10-30-2010

Re: Final Value Fees are too high!!

in reply to old_man_arthur
"When I first started selling back in 2007... FVF's were 3% for auctions, 10% for Fixed Price."

Really... well all i care about is BIN anyways... so apparently my Fee's have not gone up since 2007... yay ebay! :smileytongue:
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mysparetm
Community Member
Posts: 1
Registered: ‎07-22-2013

Re: Final Value Fees are too high!!

in reply to eddieg11

10% Final Fee is very high. I'm OUT, will NOT sell any more....

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hondamedic
Community Member
Posts: 7,002
Registered: ‎06-05-2005

Re: Final Value Fees are too high!!

in reply to mysparetm

 photo montalban_fantasy_island.jpg

BBL: Blocked Bidder List... BIN: Buy It Now... BO: Best Offer... BR: Bid Retraction... DC: Delivery Confirmation

DSR: Detailed Seller Rating FB: Feedback FRB: Flat Rate Box FVF: Final Value Fee IPR: Immediate Payment Required

NARU: Not A Registered User OP: Original Poster OT: Off Topic PM: Priority Mail.... PS: Power Seller....

SNAD: Significantly Not As Described...... TRS: Top Rated Seller...... UIA: Unpaid Item Assistant..... UID: Unpaid Item Dispute
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multimedea_media
Community Member
Posts: 539
Registered: ‎04-20-2013

Re: Final Value Fees are too high!!

in reply to eddieg11

eddieg11 wrote:
I think 10% is too high for eBay to charge for a final fee for items purchased. The bigger the item the lower percentage the fee should be. Giving up 10% for an item that you sell for $500 should not cost you $50 to process. Especially sinc most things are sold under cost on eBay. Thoughts?

I suppose you could always put your stuff on a table in your front yard with a cardboard sign. That way, you won't have to pay any fees to anybody for their services.

 

Not sure how your neighbors will feel about millions of people coming down their block to look at your items, though...

__________________________________________
Do justice, love kindness, walk humbly.
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hondamedic
Community Member
Posts: 7,002
Registered: ‎06-05-2005

Re: Final Value Fees are too high!!

in reply to multimedea_media

 

Not sure how your neighbors will feel about millions of people coming down their block to look at your items, though...

Kwap! If I could get millions I'd do yard sales every weekend and invite the neighbors!

 

BBL: Blocked Bidder List... BIN: Buy It Now... BO: Best Offer... BR: Bid Retraction... DC: Delivery Confirmation

DSR: Detailed Seller Rating FB: Feedback FRB: Flat Rate Box FVF: Final Value Fee IPR: Immediate Payment Required

NARU: Not A Registered User OP: Original Poster OT: Off Topic PM: Priority Mail.... PS: Power Seller....

SNAD: Significantly Not As Described...... TRS: Top Rated Seller...... UIA: Unpaid Item Assistant..... UID: Unpaid Item Dispute
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