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Nearly 30% in Fee's. Is that correct?
When a sale has a 12.9% Fee plus 30¢. For an item that sold for $30 the total Fees amounted to $4.48 or nearly 15%. (Actually 14.9%). Add 15% to that for a Promoted Listing and now we have 30% in Fees. Is that correct?
31 comments
boomersbiz46
·2 years agoYou got that right, Don't promote and even without promoting it is 25%...don't forget they take the percent on shipping.
meme6253
·2 years agoI don't promote any higher than 3%, The 15% your doing is up to you, but it's a bigger bite out of your Pie!
sumsum70
·2 years agoDon't pay eBay for promotions and you won't be losing 30% to eBay. All you are doing is giving away your profits and helping eBay pad their numbers so they can hide their trainwreck site from shareholders for another quarter.
JUST SAY NO TO PL!
mr_lincoln
·2 years agoHi @pf9000
Book FVFs are 14.95% and that is on the item plus sales tax if applicable. And since they probably round up the FVF on the $ 30 would be $ 4.49 + 0.30 = $ 4.79
If you Promote at 15% that's another $ 4.50.
Total Fees would be around $ 9.29 = 30.9%
pf9000
OP2 years agoThat's an excellent answer. Thank you for that. A lot of great replies to this topic.
mr_lincoln
·2 years ago@pf9000 You are more than welcome ... Buy low Sell high my friend!
isaiah53-57
·2 years ago@pf9000
The fees are also figured on the shipping, so if you had a book that you sold for $20(all figures rounded for simplicity) and you paid $5 to ship it plus another $2 in sales tax, you would have a $27 transaction you are paying 15% fees on, which would amount to fees of $4.05 +.30 cent transaction fee, totaling $4.35 in fees.
Add another $4.05 if you are promoting at the disgustingly shameful recommended rate(in our humble opinion) of say 15% to that $4.35 and you now have fees totaling $8.40 on that $20 item.
That, in effect, equates to 42% of the items price in fees...
vintagecraze50
·2 years agoSlim margin with those promoted fees, got sell a truck load to make any money.
kh-laura
·2 years agoHi everyone,
Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread if you wish to continue to discuss this topic.
Thank you for understanding.
buyselljack2016
·2 years agoBook ? 14.95 % + $0,.30 ?
vintagecraze50
·2 years agoI pay the 13 something percent on many of the listing then I promote at 2 percent above that. So like 0ver 300 listings are at 15 something percent total, the rest at 13 something. The 2 percent extra is getting my listings shown nicely. Now, where are the customers to buy my stuff? THAT IS THE BIGGEST PROBLEM THIS YEAR.
pf9000
OP2 years agoWhen I do a search for my own items, oftentimes they are not showing up. By paying extra to promote the listings, guess what happens?
kensgiftshop
·2 years agoThey still don't show up.
pf9000
OP2 years agoI just feel as though ebay has gone too far with their fee's. I can understand a company wanting to maximize their profits, however a fair fee charged instead of these exorbitant charges would make them look more favorably this holiday season.
mr_lincoln
·2 years ago@pf9000 The basic FVFs that eBay charges in comparison to venues I consign with or purchase from for inventory are generally lower in comparison. They only get ridiculous when using PLS ad rates where things actually sell above normal non-PLS time periods.
monroe67
·2 years ago"I just feel as though ebay has gone too far with their fee's. I can understand a company wanting to maximize their profits, however a fair fee charged instead of these exorbitant charges would make them look more favorably this holiday season."
and the Original Post:
"When a sale has a 12.9% Fee plus 30¢. For an item that sold for $30 the total Fees amounted to $4.48 or nearly 15%. (Actually 14.9%). Add 15% to that for a Promoted Listing and now we have 30% in Fees. Is that correct?"
Couple of comments:
eBay's Final Value Fee (FVF) percentages in many (but not all) categories were raised on February 15, 2023, so just a little over eight months ago.
The increase was 0.35%, which is less than one-half of one percent. To me, that's a very modest increase.
Categories that previously carried a 12.9% fee now carry a 13.25% fee: 12.9% + .35% = 13.25%.
To promote a listing or not to promote a listing is solely the decision and the choice of the seller.
When a seller chooses to promote a listing at 15%, it is disingenuous at best to appear to complain about being charged 15%. If you don't want to pay 15%, make sure your future listings have a lower promotion percentage, or don't promote.
BTW, eBay's fees, both the FVFs and Promoted Listings fees, are deductible on your tax returns as business expenses.
The OP's two recent sales were manuals for vintage television repair or maintenance. The listings were in the category Vintage Televisions, an interesting choice.
pf9000
OP2 years agoTo promote a listing or not to promote a listing is NOT solely the decision and the choice of the seller. When I do a search for my own item and it doesn't show up, and than when I pay extra to Promote the listing, now it shows up.
monroe67
·2 years ago"To promote a listing or not to promote a listing is NOT solely the decision and the choice of the seller. When I do a search for my own item and it doesn't show up, and than when I pay extra to Promote the listing, now it shows up."
I have no explanation for that.
Are you logged into eBay as "pf9000" and searching for items listed by the same ID, "pf9000"?
Are you searching for your own items immediately after you list them? Having read these forums (fora?) for many years,
I understand that sometimes there is a delay or a lag before some listings are actually shown.
I can tell you my own experience. I post and buy with this ID, but I list with a different ID.
When I am logged in with my selling ID, I see my own listings almost immediately after they go active.
I don't usually try to look at my own listings while I am logged in with this ID, "monroe67."
BUT I have seen my listings among search results when I search with general words that I know I put in my titles, such as "Simplicity Dress Pattern."
OH. One additional detail: I never "promote" my listings.
And that is solely the decision and choice of my selling ID.
fern*wood
·2 years agoI've never noticed this problem. Then again, I don't go searching immediately for something after I list. Usually watchers appear rather quickly, though, so I guess someone can see them. I do not use promotions. I'm kind of glad others do, though, because that probably keeps ebay from raising rates on everyone.
bretjefferson
·2 years agoThis final value fee is 13.25% or lower depending on the category, plus a per order fee. For orders $10.00 or less the per order fee is $0.30, for orders over $10.00 the per order fee is $0.40
So it's the 12.9 which is now 13.25 + the .30 or .40c bringing the percentage up more towards 14.6%? I was just trying to sell a couple sockets but mercari is looking better at zero fees for the little things I have! I get it though, not one to complain; just surprised I guess! I used to sell back in the 00's ; oh how things have changed!
ckimodog
·2 years ago@bretjefferson
This is an old thread from 2023. Their best answer was selected so I doubt the OP will reply.
Should you have any questions or concerns it is always a good idea to start your own thread to get the help and advice for your specific issue.
luckythewinner
·2 years agoWhen a sale has a 12.9% Fee plus 30¢. For an item that sold for $30 the total Fees amounted to $4.48 or nearly 15%. (Actually 14.9%).
My fees are 13.25% plus 30 cents of the total amount the buyer pays. So if the buyer pays a total of $30, I pay 13.25% plus 30 cents of $30 which is $4.28.
It will only be 15% if (a) the 30 cents fixed fee changes the effective percentage to 15%, or (b) you are not calculating the percentage the same way eBay does.
Add 15% to that for a Promoted Listing and now we have 30% in Fees. Is that correct?
If you willingly choose to pay an additional 15% promoted listing fee, then yes you will pay the extra fee that you agreed to if the sale qualifies as a promoted sale.
It will only be 30% if (a) the 30 cents fixed fee changes the effective non-promoted fee percentage to 15%, or (b) you are not calculating the percentage the same way eBay does.
pf9000
OP2 years agoThis time of year I also give 10% to Charity.
soh.maryl
·2 years agoYou do know that the 10% you give to charity isn't part of eBay's final value fee, right, so you should not be including it when you figure out what fees you are paying?
eBay's final value fee is calculated on the item price, the shipping fee and the state sales tax, if any.
pf9000
OP2 years agoEbay used to give matching contributions, or at least some percentage.
fern*wood
·2 years agoI'm curious about the fact you promoted that book at 15% which agrees to pay that much more in fees. Is that an item with so much competition that you need to pay so much more to show it as sponsored in order for it to sell? It seems rather unique to me.
vintagecraze50
·2 years agoRIGHT, if your item is not flooded with others like it you have no reason to up that percentage that high.
brightlightbookseller
·2 years agoIf you promote at 15%, yes, it can be that high. That's a choice, though, so while it's technically a fee, it's a little disingenuous to count it among the others. We don't promote higher than 2% and sell great.
kensgiftshop
·2 years agoProbably so if you use promoted listings.
ittybitnot
·2 years ago@pf9000
Sounds about right, though I think you left of the fees you pay on the TAX the buyer has to pay. Good thing you have "free" shipping.
inhawaii
·2 years agoI pay 13.25%.