03-18-2024 03:47 AM
Just curious. With the new fee hike, has anyone figured out how much an (%) increase it will cost? Did you do a comparison chart between old fees and new fees and the difference that you will have to charge your customers?
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03-18-2024 08:14 AM
To cover the ten cent per transaction increase @liawri-75 , factoring in a general (most categories) 13.25% final value fee, you would need to increase item cost by twelve cents.
If you typically sell multiple items in a single transaction, say your average is two items per transaction, then you can cover the increase with a six cent increase on your item cost.
I am glad my margins have never been that tight. 😁
03-18-2024 04:00 AM - edited 03-18-2024 04:03 AM
The only increase is the per transaction fee it is 40 cents per transaction for orders of $10.00 or more, 30 cents for transactions less than $10.00. Final value fees haven't changed.
Per Order fee is changing
03-18-2024 04:22 AM
The only increase is the per transaction fee it is 40 cents per transaction for orders of $10.00 or more, 30 cents for transactions less than $10.00. Final value fees haven't changed.
Per Order fee is changing
That is the only increase that I am aware of and a $.10 increase would represent different percentage increase depending on the total cost of the item sold. In most cases that is going to be trivial. For example on a $10 item the % increase would be .01% and on a $100 item .001%.
03-18-2024 07:16 AM
wow.........ovethinking this maybe a tad
its just a dime or 10 cents, no need for a comparison chart
keep on ebayin
03-18-2024 07:28 AM
@dbfolks166mt wrote:The only increase is the per transaction fee it is 40 cents per transaction for orders of $10.00 or more, 30 cents for transactions less than $10.00. Final value fees haven't changed.
Per Order fee is changing
That is the only increase that I am aware of and a $.10 increase would represent different percentage increase depending on the total cost of the item sold. In most cases that is going to be trivial. For example on a $10 item the % increase would be .01% and on a $100 item .001%.
A $0.10 increase on a $10 order is 1%. For $100, the increase is 0.1%.
03-18-2024 07:49 AM
I expect it to be on the order of a couple hundred dollars at most for us over an entire year. Barely a blip in our finances. For smaller sellers, it'll obviously be less, and let's face it, bigger sellers aren't usually coming here to the boards.
03-18-2024 07:50 AM
Good advice; however, it's more like 40 cents.
03-18-2024 07:51 AM
The increase is 10 cents.
03-18-2024 07:53 AM
To cover the ten cent per transaction increase @liawri-75 , factoring in a general (most categories) 13.25% final value fee, you would need to increase item cost by twelve cents.
If you typically sell multiple items in a single transaction, say your average is two items per transaction, then you can cover the increase with a six cent increase on your item cost.
03-18-2024 07:55 AM
Yes, you are correct. Sorry, I was not paying attention when typing.
03-18-2024 07:55 AM
No worries 😉
03-18-2024 08:12 AM
@dbfolks166mt wrote:The only increase is the per transaction fee it is 40 cents per transaction for orders of $10.00 or more, 30 cents for transactions less than $10.00. Final value fees haven't changed.
Per Order fee is changing
That is the only increase that I am aware of and a $.10 increase would represent different percentage increase depending on the total cost of the item sold. In most cases that is going to be trivial. For example on a $10 item the % increase would be .01% and on a $100 item .001%.
A $0.10 increase on a $10 order is 1%. For $100, the increase is 0.1%.
Thank you for the correction. Heavy fingers on the calculator buttons this morning or not enough coffee.
03-18-2024 08:14 AM
To cover the ten cent per transaction increase @liawri-75 , factoring in a general (most categories) 13.25% final value fee, you would need to increase item cost by twelve cents.
If you typically sell multiple items in a single transaction, say your average is two items per transaction, then you can cover the increase with a six cent increase on your item cost.
I am glad my margins have never been that tight. 😁
03-18-2024 08:28 AM
@dbfolks166mt wrote:I am glad my margins have never been that tight. 😁
I don't increase my prices when my costs go up 10 cents. But I do keep track of the increase and when cumulatively my COGS go up (think along the lines of 10 c eBay fee, 40 c packing material, 30 c shipping, $1.00 inventory acquisition, etc), and I hit a certain percent increase in relation to the item, then I apply an increase to my buyer-facing prices.
03-18-2024 08:31 AM
If you literally want this one to be a non-issue, then increase all your shipping prices by 12 cents.