Got less than I thought...
I've sold almost 600 items on eBay in the past, but have not done much for several years. I only had one thing listed for such a long time (a lovely beer stein) that I forgot about it! Finally got an offer, and it sold for $33. When I listed it some time ago I noticed other similar steins had shipping for almost $11, so I had put $10.80 for shipping; total $43.80. (I knew the post office had raised their rates recently, and the stein was fairly heavy glass, so I thought that would be fair).
I only got a payout of $25.47. Is this normal?
Thank you!
40 comments
ok.kawaii
·2 years agoIve sold a couple things here and there and the amount they take depends on the category you list your item in. I recently sold a backpack for $43 and only get $21 after the fees and $8 shipping..
inhawaii
·2 years agoYour payout was exactly what it was supposed to be.
The problem is you probably don't understand why you payout is what it is.
If it makes you feel any better, many sellers come here asking the same thing as you.
dbfolks166mt
·2 years agoNever saw anywhere in the string what state your buyer was in so guessed it was a state with a 8% sales tax. Also never saw what you actually paid for the shipping label so assumed it was the same as what the buyer paid you. Any variances in the following is due to the lack of those two pieces of information but the payout is close.
ten_o_nine
·2 years ago@vicki1336
Actually, that is good you got $25.47, in flea markets, you'd probably get $10.
gator08041971
·2 years agoI did buy the postage on eBay. I thought I would be refunded the overcharge of 3.50 for shipping. I often refund that amount to the seller if I find postage was less than expected. Does that make sense?
Here's how I handle shipping:
The buyer should be getting charged the retail rate of shipping. Ebay charges you a discounted rate.
Now, you have the option in the preferences to offer the retail rate, the discounted rate, or a custom discount. You also can do free shipping.
What I do:
First off, most important. Weigh and size your package. Not just the item, but as a package. Try not to guess. If I weigh something, and lets say its 7.6 ounces. I usually quote it at 9 ounces. If its like 1 lb 5 oz, I may put it as 1lb 8 oz. That covers my butt. Then I try to setup the package, whether it be a bubble envelope or a box, and put dimensions down, or at least get that as close as I can.
Then, when I have items listed with a shipping cost, that cost is factored on that weight and dimension. And they are quoted the retail rate.
When I buy my label, I pay the discounted rate. But this gives me some room. If I feel its warranted, I upgrade the shipping to the next option, such as Priority over USPS Ground Advantage, if their location would benefit from it.
If the difference is more than 10 dollars, then I refund them. All of us sellers want to save where we can to maximize our profits and you can do this if you use the shipping carefully..
I had one order where the shipping was 3 times higher than it should have been. It quoted the buyer $66! It cost me around $19. Needless to say, I refunded them 40 bucks, as they were robbed. But that wasn't directly my fault. For some reason, ebay just calculated it way wrong.
dbfolks166mt
·2 years agoI had one order where the shipping was 3 times higher than it should have been. It quoted the buyer $66! It cost me around $19. Needless to say, I refunded them 40 bucks, as they were robbed. But that wasn't directly my fault. For some reason, ebay just calculated it way wrong.
I am assuming it's the following item. I would be curious as to what the dim's and weight were in the actual listing and what they were when you bought the actual label. Did you actually ship it USPS ground advantage as per the listing or did you use another carrier, class of service or a flat rate box? I have never had eBay miscalculate the shipping cost by that much.
gator08041971
·2 years agoThe box dimensions and weight were exact. And only one shipping option was listed, USPS Ground Advantage. But for some reason, my discounted rate and the retail rate were VASTLY different. Hence why I refunded that one. And the buyer appreciated it.
onefootflipper
·2 years agoWhat you are missing though is that your bidders were aware of that listed shipping price and were taking it into account with their bids. Had it shown up as $20 instead then you might have gotten another $40 in bids.
I would appreciate people sending me money back unasked for as well, but that has never once happened to me as a buyer.
buyselljack2016
·2 years agoIf its like 1 lb 5 oz, I may put it as 1lb 8 oz. That covers my butt.
-------------------------------------------------------
That creates no calculated shipping difference for domestic shipping as with any carries that I would use the price changes when the weight exceeds 1 pound increments, and not with "ounce" changes after 16 ounces.
For 1 lb 5 oz, or 1lb 8 oz. I use 2 pounds.
wastingtime101
·2 years agoAlways use calculated shipping based on package size/weight @vicki1336 and you won't run in to problems like that.
Shipping goes up at least once a year for each service, sometimes twice, depending how USPS spreads out the changes between the January and July rate changes.
dbfolks166mt
·2 years agoWhat did you actually pay for the shipping label and what state was your buyer located in? Difficult to assess the payout accuracy without those two pieces of information.
soh.maryl
·2 years agoPerhaps, since you've not sold here for awhile, it would be a good idea for you to go back and read all the information you can about selling on eBay, especially the part about fees.
To focus on that, in most categories, the final value fee to the seller will be 13.25% and that fee is calculated on the total amount paid the seller by the buyer. In your figures, you did not mention state sales tax, which is now, by law, collected by eBay and remitted to the appropriate state. Did your buyer's payment to you include state sales tax?
Also, just guessing how much shipping will be on any item is not a good idea. In the example you saw, perhaps the seller was in PA and the buyer was in OH. In your case, maybe you were in PA and your buyer was in CA, in which case, even though the items were of an identical weight, shipping would have been
more than $10.80. You don't estimate shipping costs on what would be "fair", you calculate them on the actual weight, distance being shipping and class of shipping.
Again, a little reading would not hurt.
vicki1336
OP2 years agoThank you for your reply. But, now on eBay don't you have to list how much shipping would be when you post a new item? I would have no way of knowing where a buyer would be located before I sell it. Am I missing something?
fern*wood
·2 years agoYou are missing calculated shipping. All you have to do is correctly enter your package weight and dimensions and then your carrier of choice. Any potential buyer can calculate the postage to their location on the listing. If they purchase, they are then charged that amount for postage. You don't have to guess anything. It is fully disclosed to them and you hopefully don't lose money if you enter the information properly.
isaiah53-57
·2 years agoProbably normal - You and soooooo many other sellers (even those who have been here for many years), think they are paying 13+% of the items price, when in fact it is 13+% of the ENTIRE TRANSACTION(which includes shipping and sales tax costs). That bloated rate equates to likely 17% to 22% of the items price. People take it for face value rather than reading the fine/finer print and dont realize they are giving up such a large chunk of the only profit bearing figure in the transaction...the items price.
stainlessenginecovers
·2 years agoIf ANYONE is aware there is a Cost at all, WHY would they think that it's ONLY against the item when it CLEARLY shows what it includes BEFORE someone were to list.
It's like going to McDonalds and buying off the menu but NOT looking at the Price, and then being TOTALLY astonished when they get the 'total'.
dbfolks166mt
·2 years agoProbably normal - You and soooooo many other sellers (even those who have been here for many years), think they are paying 13+% of the items price, when in fact it is 13+% of the ENTIRE TRANSACTION(which includes shipping and sales tax costs). That bloated rate equates to likely 17% to 22% of the items price. People take it for face value rather than reading the fine/finer print and dont realize they are giving up such a large chunk of the only profit bearing figure in the transaction...the items price.
I see you still haven't learned to distinguish between eBay fees and selling costs. I recently sold the following item. Calculate what my eBay fees were and let me know. Buyer was in a state with 6% sales tax.
isaiah53-57
·2 years agoMy God have I not embarrassed you enough that you are still willing to poke the bear?
1st off, what is it about this statement I made that makes you think I dont know ebay fees from selling costs?
"You and soooooo many other sellers (even those who have been here for many years), think they are paying 13+% of the items price, when in fact it is 13+% of the ENTIRE TRANSACTION(which includes shipping and sales tax costs). That bloated rate equates to likely 17% to 22% of the items price. People take it for face value rather than reading the fine/finer print and dont realize they are giving up such a large chunk of the only profit bearing figure in the transaction...the items price."
2nd, Assuming you dont have a store and you are paying 13.25% of the entire transaction, then your ebay fees on this $94 sale including shipping would be $13.50 including the .30 cent transaction fee - Was that supposed to be difficult or something?
3rd, Now, I'm speculating on the shipping cost since for some reason you did not provide that pertinent information, so bare with me - I'm assuming you paid like $24 to ship this item? So then you likely netted $70 after shipping - So in reality, you sold a $70 item with a $24 shipping cost because we all know there is no such thing as free shipping - So the fees you paid represent 19% of the items $70 price.
dbfolks166mt
·2 years agoMy God have I not embarrassed you enough that you are still willing to poke the bear?
1st off, what is it about this statement I made that makes you think I dont know ebay fees from selling costs?
"You and soooooo many other sellers (even those who have been here for many years), think they are paying 13+% of the items price, when in fact it is 13+% of the ENTIRE TRANSACTION(which includes shipping and sales tax costs). That bloated rate equates to likely 17% to 22% of the items price. People take it for face value rather than reading the fine/finer print and dont realize they are giving up such a large chunk of the only profit bearing figure in the transaction...the items price."
I and a lot of other sellers who have been here for many years fully realize they are paying the FVF's on the entire transaction and know how to factor those fees into their pricing model. You constantly change the terms of the eBay FVF policy as it is applied to the ENTIRE TRANSACTION, to the items price which is apples to oranges. Your calculations are what artificially inflate the FVF percentage.
I have always stated the effective eBay FVF % is greater than what the policy shows because of the sales tax but not to the extreme's you take it to. I also agree that profit, at least the post eBay transaction profit, is what the buyers payout is after the transaction.
2nd, Assuming you dont have a store and you are paying 13.25% of the entire transaction, then your ebay fees on this $94 sale including shipping would be $13.50 including the .30 cent transaction fee - Was that supposed to be difficult or something?
Not really just making sure you could do the calculations.
3rd, Now, I'm speculating on the shipping cost since for some reason you did not provide that pertinent information, so bare with me - I'm assuming you paid like $24 to ship this item? So then you likely netted $70 after shipping - So in reality, you sold a $70 item with a $24 shipping cost because we all know there is no such thing as free shipping - So the fees you paid represent 19% of the items $70 price.
This is where we differ. What I sold was a $94 item with the shipping cost baked in, which was exactly the items "price" from my perspective, $99.64 from the buyers perspective. The FVF's were $13.50 which equates to 14.36% of the items price.
What I don't believe some sellers realize is post eBay transaction profit is not their final net. They still have to deduct the COGS, shipping, packing materials, operational costs, federal and state income taxes and SE tax. This will vary from seller to seller but those costs generally represent a FAR greater percentage of my selling cost than the eBay fees.
However, I have a cost model that factors in those costs that I utilize to reverse engineer the total costs to determine what I need to list an item for to obtain the bottom line ROI that I am attempting to achieve. If I cannot meet, or exceed that ROI and remain price competitive in the eBay market place then I look for other alternatives.
luckythewinner
·2 years agoI need to list an item for to obtain the bottom line ROI that I am attempting to achieve.
To me, eBay is a job and I expect to get paid for the time I invest.
If I found both of these widgets, which one would I sell? The answer is easy - both of them!
dbfolks166mt
·2 years agoI need to list an item for to obtain the bottom line ROI that I am attempting to achieve.
To me, eBay is a job and I expect to get paid for the time I invest.
If I found both of these widgets, which one would I sell? The answer is easy - both of them!
Exactly!!
susanb1872
·2 years agoYou can go to your payments tab and see exactly what was deducted. It seems about right but you would have to provide more detail. You probably need to change how you determine your shipping. You should be using calculated shipping based on the weight and dimensions of your item not other seller's items. When you look at the other items for sale, the shipping cost is what it would cost to send to you. It seems likely that the shipping cost more than the $10.80 which is why your payout is less.
simba6
·2 years agoThe fees are also added to the shipping and now the sales tax that is collected. You should have also received the 10.80 for shipping in addition to the 25.47 That would be right.
onefootflipper
·2 years agoThe basic ebay prices have barely changed in many years.
Plugging those basic details into the ebay fee calculator shows that the payout seems correct assuming you bought the postage on ebay.
vicki1336
OP2 years agoI did buy the postage on eBay. I thought I would be refunded the overcharge of 3.50 for shipping. I often refund that amount to the seller if I find postage was less than expected. Does that make sense?
solidguitar1961
·2 years agoSounds like you undercharged for the shipping.
junkinabox
·2 years agoThe eBay fee calculator shows that the payout is correct.
solidguitar1961
·2 years agoI didn't say the payout was incorrect , I said it sounds like they uncharged for the shipping.
janet9988
·2 years agoNo your post did not mention that you think your buyer was undercharged. You set the weight,size and service. If there as a mistake then you entered the wrong information on your listing.
You stated that you "got less than I thought".
solidguitar1961
·2 years agoYou have these posts mixed up I'm not the OP
fern*wood
·2 years agoI'm having trouble understanding this statement. Are you saying if the "buyer" was charged more for the postage than it actually cost, that you refund that amount? Also, what overcharge of $3.50 did you you think you would receive as a seller? Are you saying the actual postage cost you more than you charged the buyer? If so, you have to absorb that cost due to entering the wrong amount for the buyer to pay.
vicki1336
OP2 years agoSorry for being unclear. Realizing I have made a mountain out of a mole hill!
Since it only cost me $7 to ship, I thought I would automatically get the $3.50 back. Maybe I just am misunderstanding the whole thing. I'm getting up in age and not as sharp as I used to be!
fern*wood
·2 years agoYou're fine, I just wasn't sure what you meant. If your buyer was charged more than the actual label cost, that amount stays in your account (minus fees) as part of your profit. That's not a big amount since you should try to cover your fees and packaging.
dbfolks166mt
·2 years agoSorry for being unclear. Realizing I have made a mountain out of a mole hill!
Since it only cost me $7 to ship, I thought I would automatically get the $3.50 back. Maybe I just am misunderstanding the whole thing. I'm getting up in age and not as sharp as I used to be!
There was nothing to "get back" when the buyer paid for the item they paid $10.50 for the shipping. Odd that if I look at the sold item it shows $13.20 shipping to my location. Use the View Order Details on the drop down on the order. It should provide you with the details you are looking for. Your payout seems a bit low but unsure of what the buyer paid you for shipping and the sales tax or if you use promoted listing. Several missing pieces of information here.
onefootflipper
·2 years agoDon't do that. There is no reason to do that, that is just lighting your own money on fire. You have to slightly overcharge for shipping just to account for supplies and the fact ebay charges all commissions on shipping costs as well. The customer accepted the price when they purchased, they are neither owed, nor do they expect a refund.
In fact many sellers just have their shipping set up to make sure it breaks even overall in their account and they might make something on some items and lose something on others. I charge the same thing for shipping for everything under a pound. I lose shipping money on every single package between 12.1 ounces and 16.0 ounces. and I make money on every single one under 4 ounces.
isaiah53-57
·2 years agoWow...That's kinda like saying the company that used to sell a 16 oz box of cereal for $1.99, that now sells that same cereal in a 10oz box for $2.19 has barely raised their prices...
monica-sells
·2 years agosay what? how is that even close to the subject of this thread....
Just to clarify your ludicrous statement...
Fill in the blanks...
What percentage did ebay charge for a category you sold in 10 years ago?
What percentage did ebay on the shipping 10 years ago?
What percentage did Paypal charge to process that item 10 years ago?
compare that total to what you pay today....
isaiah53-57
·2 years agoGo figure you would write something as"ludicrous" as this - just more smoke and mirror...
10 years ago, you could get 20% back as top rated seller...
10 years ago they had Customer Service you could actually get help from...
10 years ago they didn't have the ever worsening Buyer THEFT problem they have today...
10 years ago their search wasn't as biased and broke as it is today...
10 years ago you didn't have to pay their 10% to 17% Recommended Promoted Listings fee to get the same
service you got for just the FVF...
10 years ago the site had a higher buyer to seller ratio...
10 years ago they were doing TV commercials...
10 years ago they had ebay bucks...
10 years ago they didnt have a .30 cent transaction fee on EVERY SALE...
10 years ago they didnt have a declining user base...
And there's plenty more! On the other hand WHAT has changed for the better??
But thats enough to prove the point I was making that went right over your head...EXACTLY the point when I said "That's kinda like saying the company that used to sell a 16 oz box of cereal for $1.99, that now sells that same cereal in a 10oz box for $2.19, has barely raised their prices...And if I have to explain the relevance of this to you, then you certainly dont need to be offering people help with your out of touch statements and over-bearing reprimands...
monica-sells
·2 years agoTitle of thread:
Got less than I thought...
Statement from OP:
"...have not done much for several years..."
Question from OP:
"...payout of $25.47. Is this normal?..."
I answered the question that the payout was pretty near normal as compared to when they last sold (assuming it was a few years).
I still can't figure out what the price of cereal had to do with anything related to the original question.......
isaiah53-57
·2 years agoThat would be an analogy - maybe you've never heard of the concept? It was written in reply to another user who posted in this thread(see below) - Happens all the time here - so perhaps its something you shouldn't concern yourself with or lose sleep over.
@onefootflipper wrote:
The basic ebay prices have barely changed in many years.
isaiah53-57 wrote in response: Wow...That's kinda like saying the company that used to sell a 16 oz box of cereal for $1.99, that now sells that same cereal in a 10oz box for $2.19 has barely raised their prices...