The selling fees are similar to year 2011, the last major revision. When a seller complains about some expense being too high, (fees, store subscription, postage) the reality is their business model needs improvement. They need to go back to the drawing board and sell different items in other categories. We deduct those expenses when filing our taxes and my net after expenses has been 43% in recent years.
No need to announce your departure just end your listings,
but does not look like you gave eBay much of a chance just my opinion.
February 2024 until mid-April is not long but okay totally your choice.
But if the fees are too high for you here that's for you to decide
.
Have you looked over your business expenses and marketing plan?
Hope everything works out for you.
Be interesting to see if the OP comes back around this time next year after they do their taxes and realize that if they made a net profit between federal and state income taxes and SE tax the government is going to take up to 40+% of the NET profit.
eBay works because you get more eyeballs on your listings than anywhere else. And in spite of stories of scams and the occasional sale gone wrong, it is easily one of the safest places to sell online.
I think the carrier shipping rates and federal/state income taxes are ridiculous also but it's just a part of doing business. I frankly never worried that much about what others are making/charging but what I am making. EBay is a for profit business just as I am and as you will find with most other ecommerce sites. When I look at the big picture the eBay fees are often one of my cheaper selling expenses.
There are LOTS of other options out there including some local forums and venues that have very minimal, if any, fees. The tradeoff is the size of your potential buyer pool.
evry1nositswindy
·2 years ago@inhawaii I'll send you a roll of dimes!
simba6
·2 years agoIn person flea-markets are not all that cheap either. Worse they have far fewer buyers.
onlinecentral
·2 years agoThe selling fees are similar to year 2011, the last major revision.
When a seller complains about some expense being too high, (fees, store subscription, postage) the reality is their business model needs improvement. They need to go back to the drawing board and sell different items in other categories.
We deduct those expenses when filing our taxes and my net after expenses has been 43% in recent years.
bonjourami
·2 years ago"I think eBay’s new fees are ridiculous and am looking elsewhere to sell merchandise"
Thats probably for the best. Especially if you think these are 'new fees',and have only sold here for two months, dont forget to close your listings.
terrycece62
·2 years agoNo need to announce your departure just end your listings,
but does not look like you gave eBay much of a chance just my opinion.
February 2024 until mid-April is not long but okay totally your choice.
But if the fees are too high for you here that's for you to decide
.
Have you looked over your business expenses and marketing plan?
Hope everything works out for you.
Good luck😀
dbfolks166mt
·2 years agoNo need to announce your departure just end your listings,
but does not look like you gave eBay much of a chance just my opinion.
February 2024 until mid-April is not long but okay totally your choice.
But if the fees are too high for you here that's for you to decide
.
Have you looked over your business expenses and marketing plan?
Hope everything works out for you.
Be interesting to see if the OP comes back around this time next year after they do their taxes and realize that if they made a net profit between federal and state income taxes and SE tax the government is going to take up to 40+% of the NET profit.
ckimodog
·2 years ago@diecas-56
Thanks for letting us know and Good luck to you!
slati_2013
·2 years agoeBay works because you get more eyeballs on your listings than anywhere else. And in spite of stories of scams and the occasional sale gone wrong, it is easily one of the safest places to sell online.
johnrj1226
·2 years agoLooks like you have been an eBay member since February, 2024. What new fees are you referring to???
dbfolks166mt
·2 years agoI think the carrier shipping rates and federal/state income taxes are ridiculous also but it's just a part of doing business. I frankly never worried that much about what others are making/charging but what I am making. EBay is a for profit business just as I am and as you will find with most other ecommerce sites. When I look at the big picture the eBay fees are often one of my cheaper selling expenses.
There are LOTS of other options out there including some local forums and venues that have very minimal, if any, fees. The tradeoff is the size of your potential buyer pool.
evry1nositswindy
·2 years agoThe only new fee is the transaction fee went from 30¢ to 40¢. If a dime on each transaction is make or break, then do what you must.
inhawaii
·2 years agoWHAT?
Ebay raised the fee from 30 cents to 40 cents per transaction?
This is the first i'm hearing of this.
I've just about had it with ebay.
I'm going to start looking for a better place.
Unavailable member
·2 years agoThanks for the update. I was wondering what your LT plans were - saves me the trouble of asking.
Unavailable member
·2 years agoNew fees? What new fees?
If you're going to sell somewhere else you probably should end all your listings first.
toysaver
·2 years agoLooks like retail commercial space rents in your location are minimum $20 a square foot a year, so likely about 3K a month for 2000 square feet.
Poulsbo, WA Commercial Real Estate for Lease | LoopNet
Unavailable member
·2 years agoI guess you meant that for the OP because my location is no where near there. Lol
toysaver
·2 years agoYes, sorry, my bad... but I think I got the math right!
chariot_badges
·2 years agoNot including CAM and insurance.
And insurance ... where I live ... is a BIG deal.
And, if you can get it, BIG money.
monica-sells
·2 years agodon't forget that little clause in there called "triple net" lease
when the HVAC main unit on the roof smokes and you get to replace it and leave it there when you leave