11-22-2023 10:59 AM
If you get what I am saying, you sell the item and eBay takes money away from you like taxes etc. How am I supposed to find that out beforehand? Or can I not? Im selling items and it says all of it together should make 677.50 if it all sells. The most expensive one is 250. I want to be able to know how much I will really get so that I can plan for purchasing items.
11-22-2023 11:07 AM - edited 11-22-2023 11:08 AM
Hi
Most likely your payments will be on hold as you are a new seller. eBay will message you concerning your payout. Yes, taxes, fees, etc will be deducted up to over 13% of the sale. They hold your money incase you have a return filed. That way the money is there to re pay the disgruntled or disappointed buyer. PS No returns does not mean no refunds. Consider changing your policy.
Happy Selling and Holidays!
PS Clean up your photos. They are of very poor quality and look messy & unprofessional.
11-22-2023 11:11 AM
Depends on what you are selling, what category you are selling in and if you are promoting your listings or not. Click on the Help/Contact that is on every page and type "Fees" in the search box.
11-22-2023 11:17 AM
You can generally figure out at least a ballpark amount if you know how the FVF works.
When you sell an item, your buyer will usually pay you the price of the item, the shipping cost and the state sales tax, if applicable. The most common fee on eBay is 13.25% of the total of that.
The latter two figures, of course, you won't know until/unless the item sells.
It's probably not a great idea to start counting your chickens before they are hatched, meaning making purchasing plans before your item sells and you're actually paid.
For instance, let's say I buy that wallet for $120. Shipping to me is $4.20. Let's say my sales tax rate in my state is 8%. So I would pay you a total of $133.97. (All figures are approximate.) eBay's FVF would be about $12. From that total of $133.97, less $4.20 (shipping), less $12, you would receive in the neighborhood of $119.77 or a little less.
And someone else will, I'm sure, come along and give you more accurate figures. I did this to explain the process of figuring it out.
11-22-2023 11:19 AM
You are going to end up with nothing selling used sneakers as 'New with defects',
The buyer will file a 'Not as Described' regardless of what the photos show and eBay absolutely WILL find in their favor. Good chance they will get to keep the item too.
11-22-2023 11:21 AM
Check the FVF percentage for the category your are selling in as it can vary quite a bit up and down depending on the category. Remember that FVF is also charged in shipping and sales tax and this can add unexpected fees depending on the state that you ship to. Unless you offer free or fixed price shipping these cost can vary quite a bit
11-22-2023 11:22 AM
Or fake bags from Cambodia? Real Coach bags are not made in Cambodia. Yikes!
11-22-2023 11:23 AM
When you create a listing, there is a small link just above the blue "list it" button", that tells you what your fees will be and looks like this:
The actual fees could vary depending on if sales tax is paid by the buyer or if the shipping charges end up being different.
11-22-2023 11:28 AM
and do photos without hands 🙂
11-22-2023 11:32 AM
May not even make it past "authentication".
(and I only see one sneaker in the photos)
11-22-2023 11:36 AM
I use a reverse cost model to determine what my listing price should be to achieve the ROI that I am looking for. This of course only factors in the eBay selling cost and you need a more expansive model that factors in your COGS, Income Taxes (state and Federal), SS taxes........ Something like the following where you adjust the red values for the item you are selling.
11-22-2023 11:48 AM
Coach bags are no longer made in New York, due to the demand for the brand. Instead, they're crafted by specialists in Cambodia, Vietnam and the Philippines, with the production embossed into the inner label.
11-22-2023 11:48 AM
I like using this as a guideline. Its a fee calculator that might help with the ballpark figures for margins.
11-22-2023 12:03 PM
EBAY charges different percentage based on what category your items are in. You should understand that EBAY selling fees are charged on entire sale (purchase price + shipping + sales tax) plus 30 cent handling charge. There could be additional fees if you promoted your items or international fee if your customer is located in a different country. If "foreign customers" will purchase item and have it shipped to Freight Forwarder located in the USA (you still have to pay international fee because customer is located in foreign country).
11-22-2023 12:47 PM
I punched one of your items into a cost model and these are the figures I get. If the following items sells for $80. I took a guess at what you may have paid for it, sales tax % and actual shipping. Figures are not exact but would be ball park.