mam98031 • Volunteer Community Member • Buyer/Seller since 1999
Ebay makes 91 percent of it's money from upfront fee's and big business adds.
Where did you get that figure from? From the stats pic'd below. 70% of Ebay's income comes from transaction revenues which include both listing fees, store fees and FVFs. 10% is from advertisers. 10% Stub Hub and 10% from Classifieds.
As is clear from many threads that have been created over the past year in respect to the GTC change, most if not all of those sellers said they only post listing within whatever their free allotment is for the month. So if a seller is doing that, they aren't paying extra listing fees. I'm confident that there are some sellers that post beyond their free allotment of listings, but for the most part those that came to the threads were casual sellers and small sellers that stayed within that allotment and therefore are not experiencing extra listing fees due to the GTC change.
However many of those seller have a different issue and that is for those that prefer to rotate stock. With the GTC change that has presented a serious problem for them and to stay within their free allotment. That is a BIG problem for many of these sellers and clearly a real issue.
If your selling limits do not display on your Dashboard, you can call Ebay and get that number.
As to the make up of buyers. This stat may help you with that.
Your obviously an Ebay insider trying to mislead the Shareholders.
What the heck? Where did that come from? I find it extremely doubtful that "shareholders" are hanging around the threads. Maybe some pop in from time to time or maybe some that own a handful of shares, but I don't think that shareholders on the threads is commonplace. Maybe I'm wrong, IDK, honestly it isn't anything I've ever thought about.
The information I provided is readily available on the internet, all you need to do is Google it.
There's no way these stats are acurate because very few sellers on Ebay do well these days .
And you base that off of what exactly? While Ebay GMV is down, Ebay is still a very profitable company, we just want them to do better and that is understandable.
If Ebay was doing well they wouldn't be adding fee's on everything!
I never claimed Ebay is doing "well". That is your choice of words. As far as Ebay "adding fee's on everything", you'd have to be specific as for me that is not a true statement. But something else may be going on for you, so if you would be specific that would help.
Even the so called experts on Youtube are phonies most likely hired Ebay help.
Well now that is very true. Not the part that Ebay hired them, but there are many YouTube self professed experts that don't know what the heck they are talking about. I'm sure there are good ones out there too, but some I've seen are completely wrong.
I Followed some of their sales and they barely get 2 a day usually less then 20.00 and with free shipping and fee's,they might clear 10.00 a day!
Do you know that to be their only selling account? Likely they are protecting that from the public like many do that post here with posting IDs instead of their selling accounts.
Most sellers have higher bills from Ebay with the fixed price automatic relisting a total scam!
"Most" is an overstatement. When the firestorm of threads happened after the GTC change was made, the vast majority of posters here were sellers that by their own admission never posted more listings than whatever free allotment they had each month. So free is free. Now it does present issues for those sellers that try to rotate their stock within a month. That is very true. It is challenging for many casual and small sellers.
But "most" would be a complete overstatement since even before the GTC change over 70% of the listings on Ebay were GTC as many sellers have used them for years. That is not a statement meant to take away from sellers that are having trouble finding a way to adjust to this way of listing, as I firmly believe it is a real issue for some.
Ebay makes most of their money in fee's and without them would be out of business! The info is out their look for it!!
LOL, Oh come on, REALLY?!?!? SURPRISE, YES Ebay is a for profit company and charges fees for services rendered.
@audiesnicnacs wrote:Hi, I meant Ebay puts out this nonsense ,not YOU ON your post on the stats!
I just read that in 2017 Ebays 9.6 billion in revenues was great news for investors ,but 7 billion or so came from seller fee's! I'm sure that number is way up now! I have several Ebay accounts since 1998 and 2 stores,sales are dismal here! My buddy went from 80 grand a year,to virtually nothing. I saw a seller with over 600,000 LISTINGS averaging less then 1 percent in sales. This seems to be the pattern for most ,a hidden seller limit if you will! Most of my money comes from other venues now. If your gonna tell me how great everyone does here,I'm gonna ask for proof! Today's generation thinks 1 or 2 sales a day or 5 or 10 a week is considered good or great, my generation we did that every hour! Ebay sucks today period! And everyone knows it!
Of course their main source of income is from fees on Ebay. That is the business they are in. Why do you find that unusual or curious or wrong or whatever you are implying. It is what Ebay does. I'm not following you. If Ebay didn't make money from the various fees the site charges, how would they pay their bills? How would they stay in business?
Any seller that has over 600,000 listings and less than 1% in sales, simply shouldn't be on Ebay. Sellers have to take responsibility for their own actions or inactions as it may be. If you aren't making money here and you can't find a way to make your listings more interesting to buyers, that isn't necessarily Ebay's fault. But to stay and pay the fees while not having sales to cover them is just a very bad business decision on the seller's part.
"This seems to be the pattern for most ,a hidden seller limit if you will!" They aren't hidden. If you don't see yours on your Seller Hub, then you may need to call Ebay. Sellers with accounts 2008 and before don't have theirs showing on the Seller Hub.
"If your gonna tell me how great everyone does here,I'm gonna ask for proof! " You will find that NONE of my postings say that "everyone" or "most" or anything like that when we talk about how or what other sellers are doing. Anyone using those types of words are just trying to make their post seem better than it is as there is NO WAY a you or I can know that. There are more than 25 million sellers worldwide. And while I know a lot of sellers, it isn't even a drop in the bucket against that number. Nor are those that participate on these threads. We typically have a combination of buyers and sellers around 7,000 of them on any given day. That is a fraction of the sellers on Ebay.
The GMV is down. Now that does indicate that sales for sellers overall are down a bit. Does it mean we are all heading for the unemployment line so to speak. Absolutely not.
"Today's generation thinks 1 or 2 sales a day or 5 or 10 a week is considered good or great, my generation we did that every hour! Ebay sucks today period! And everyone knows it! " Maybe yes, maybe no. But you don't determine what is a good amount of sales for any other seller. That is their business, not yours. They get to determine when their business is doing well, not you. From the account you are posting with, it can't be seen that you do as you previously stated. But I know many post with posting IDs. I do hope you are doing well and continue to do so.
@buysarah wrote:
Last Edited 11-21-2019 04:08:17 AM
Ebay does not charge a FVF on sales tax.
All money processors charge their fees based on the total amount received / processed. They always have just as credit cards charge their processing fees on the total amount being processed by the store or wherever you are making a purchase. When we use to collect our own sales tax on sales within our own states as sellers, PP charged us processing fees on the amount received as well.
However sales tax is NOT a cost of sale. It is different. You do NOT have to claim the sales tax on any sale as part of your Gross Income and you would need that requirement to define the tax itself as a cost of sale. Also you don't collect or remit the sales tax, Ebay does that. It just passes through your account, in and out.
It is one of the reasons that the 1099Ks do NOT report Gross Income or Sales to the IRS, they report Gross Receipts. You take that Gross Receipts and deduct any sales tax and refunds you had throughout the period to arrive at your Gross Income.
