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‎02-09-2022 07:32 AM
As you know, fees vary across categories as eBay always strives to achieve lowest total fees across category competitors. Starting on March 1, 2022, final value fees for Store sellers and those without a store will increase slightly. You can learn more about that here, or review the fee comparison chart here. Feel free to ask any questions below!
Please note that eBay experts will be present and engaging on the boards between 8 am and 4:00 pm PST on 2.9.
Solved! Go to Best Answer
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 11:53 AM
Having a store, Basic and above, has more benefits than just a reduction in FVFs. The Store fee has value to many sellers, but you need to look at the whole thing, not just one item and decide it isn't going to work or is too expensive.
One benefit is the coupon for Ebay branded shipping supplies. If a seller uses these supplies, the coupon goes a long ways to offsetting the store fee.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 11:54 AM
Just like any other Wednesday - The 'other' teams have nobody with a whip (facing the questioners) behind them to goad them into action. True, they didn't say which day/week/month users would get the answers - hopefully it will be before they close the thread(s) on Friday.
The foolishness of one's actions or words is determined by the number of witnesses.
Perhaps if Brains were described as an APP, many people would use them more often.
Respect, like money, is only of 'worth' when it is earned - with all due respect, it can not be ordained, legislated or coerced. Anonymous
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 11:55 AM
@imaginaryfriend03 wrote:And also with the increased shipping fees, sellers are being hit twice. Time to rethink where I sell. I’m still waiting for someone to fix my incorrect charge for an international shipping label. It’s been almost a month and no action yet despite talking to 4 reps. Sellers are not a priority to Ebay. And it shows.
While I'm with you on the increase in carrier fees, Ebay isn't responsible for that and should not be held responsible for holding their pricing because of it anymore that sellers that have an increase in their cost from the vendors they buy their inventory from would.
Carriers raise prices every year, it is something we have to deal with. Hard to at times to be sure, but it is a fact we deal with yearly.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 11:56 AM
@mam98031 wrote:One benefit is the coupon for Ebay branded shipping supplies. If a seller uses these supplies, the coupon goes a long ways to offsetting the store fee.
Since the quality of product has gone severely downhill, the quantity for the price has drastically changed since launch, and the prices are really inflated compared to other places that offer better qualify supplies- I will respectfully disagree that the shipping supply coupon goes a "long way" towards offsetting the store fee. It's more like 2 feet on a mile long track. 😜
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:00 PM
@kandaca wrote:It is not accurate to state that a fee change from 12.55% to 12.9% is an increase of 0.35%.
If an item is $100, the fee becomes $12.90 rather than $12.55, which is actually an increase of 2.8%, 8x the so-called 0.35% increase.
So, I believe the correct way of stating it is that the FVF is increasing by 2.8%, not by 0.35%.
While I agree with you on your numbers, if Ebay would have announced that the fees were going up by 2.8% very few would have done the math to figure out that meant a .35% actual increase to what they are currently paying.
Seller would have gone screaming and yelling thinking their fees were going from 12.55% to 15.35%
[12.55 + 2.8 = 15.35]
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:05 PM
@nobody*s_perfect wrote:I have two questions which might actually have answers:
1. Aren't sellers usually given 30 days' notice before new final value fee rates (and other price increases) go into effect? Somewhere I got the impression that there was a requirement or commitment to allow one full billing period before changes. Why March 1, which is just 20 days from now, rather than giving 30 days' notice?
2. IIRC generally in the past when fee increases were announced, eBay also offered a grace period in which sellers with annual subscriptions for Stores could cancel or downgrade their subscriptions with no early termination fees. Will that be offered this time?
I agree with your first point. But it appears that has gone out the window along with only having TWO Seller Updates per year. We haven't had a Winter Seller Update since PRE 2014 if ever. My guess is we are now likely moving to FOUR per year.
As to your second point, only if the Store Subscription significantly changed. And increase in FVF isn't likely to qualify for that.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:07 PM
@buyselljack2016 wrote:Why does eBay keep trying to be profitable? They should operate at a break even point so that sellers can make more money.
LOL 🤣
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:14 PM
@paradigmaker wrote:I’m out once inventory runs out. I would advise everyone change platforms. Only way to keep thieves honest.
This is often something said by those that do not currently sell on multiple channels so they don't know what color the grass is on the other side.
For those of us that sell on multiple channels we are aware that other sites to charge more and some less. But then there are those that have more traffic and some have less. You have to do you homework. Fees paid to the website are NOT the deciding factor as to where you sell, or at least it shouldn't be. The deciding factor is which site do you get the best sales on.
It will do you not one bit of good to pay lower fees and in return you get LESS sales too.
Name calling isn't necessary either. We are ALL here to make a profit. There isn't a darn thing wrong with that. Ebay and ALL it's sellers want to make profit. It is why we do this. It isn't a dirty word nor should it be made to seem to be one. I bet YOU want to make a profit.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:18 PM
@mr_lincoln wrote:
@alvasa wrote:I agree with you on the matter of final value fees on shipping, If a seller is purchasing a shipping label on Ebay, then Ebay knows exactly the cost of the shipping, and should partially refund the final value fee based on that cost, or Ebay should add the shipping portion of the final value fee to the projected cost of a label for calculated shipping. For the most part I have stopped offering free shipping. There is no benefit to me anymore, and I find calculated shipping does not seem to impact my sales. I could add a flat handling fee to cover at least part of final value fees, but having the option to factor in a % of cost would be more accurate. For example, say I am using a flat rate envelope at $7.75, normally the buyer would be shown that cost, however if I could add the cost of the final value fee of say roughly 12%, the buyer would see a shipping cost of 8.68.
@alvasa Since eBay will not stop charging fees on paid shipping I would rather see a smaller flat rate fee just for printing labels through eBay instead of a % of the total paid by the Buyer. Most of my labels wind up being Priority mail so all the current fee structure does is take more out of the profit margin ... some labels cost over $ 20 so at 12% that's a big hit at $ 2.40 or more.
Mr. L
Why would Ebay do that. They are right when they state that FVFs on Shipping is an industry standard.
What ISN'T an industry standard is charging a full FVF on Sales tax. No one does that in which I'm aware of except Ebay. I would understand and support a 3% fee on sales tax, but the full FVF IMHO is excessive.
The argument that some use about they don't mind because they wouldn't want to have it be on the sellers to do all that collecting and remitting of sales tax IMHO is a bit hollow. The STATES are the ones that need to pay Ebay for their services and THEY DO. Ebay gets a small portion of the sales tax they collect for any state to compensate them for this service. And that is exactly who should be paying for it, not the Sellers.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:21 PM
Where the heck are the Ebay CSRs that are suppose to be on the threads engaging and helping the posters?????????????????????????????????????????????????
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:24 PM
A business under competent management GROWS their sales to increase revenue and income. Less competent operators attempt to squeeze their partners and customers any way possible to increase income. Why not do a better job of growing sales? Or have you admitted defeat? Or...... what?
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:26 PM
It's to pay for the 329% increase in Ebay's CEo salary. Keep cheerleading though
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:30 PM
I've been selling on eBay for just shy of 23 years, so have been through all of the changes - some good and some not so good.
However, to state that eBay is raising fees to keep up with other selling platforms just doesn't make any sense.
If I sell a purse for $45 on eBay with $13.65 shipping and $5.13 sales tax (this is based on one of my recent sales), I'm charged $9.87, which leaves me with $35.13 net sales amount.
That same purse sold on Mercari would charge $6.11 (since I don't get charged final value fees on shipping and sales tax), giving me a $38.89 net sales amount.
Selling it on Poshmark, I would be charged $9 (again, not charged fees on shipping and sales tax), giving me a $36 net sales amount.
So, comparing these three platforms, eBay charges the most to sell the same item.
In addition to the differences on final value fees, eBay also charges the most for shipping. Poshmark charges a flat $7.45 to send via Priority Mail for up to five pounds, which really makes a difference for heavier items. Mercari charges $3.72 for up to 4 ounces regardless of USPS zone, and on and on. Their shipping prices are very much lower than that offered by eBay. Plus, they offer shipping protection if the package is lost or arrives damaged. eBay sure doesn't do that.
And, neither Mercari nor Poshmark charge listing fees.
If Mercari and Poshmark can offer these shipping rates, why can't eBay? It seems that every three months or so eBay raises fees. It doesn't seem to make much sense. And to state that it's to be equal to other selling platforms is totally false.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:32 PM
@selm899 Your math and logic is correct. You always have to look at fees against revenue and on eBay that is the selling price. My local auction house charges 25% to sell for $100 item. So, for $1.65 more I could sell through them and have no hassles with photos, shipping (packing and PO trips), returns, etc. The question will become for some sellers have they priced themselves out of the market.
Re: Question thread: Final value fee change in most categories
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‎02-09-2022 12:45 PM
@ecfritz couldn't agree more! eBay has gone from the great disrupter-rationalizing irrational markets--to the timid follower. StockX sells authenticated sneakers we should too; Trading cards are hot this year lets focus on that; NFTs are the next big thing...on it.
What is the long-term plan? Where is the strategy for 10 years down the line? How does eBay differentiate from others?
I wish someone with great vision and lots of $s would take eBay private and have the courage to help eBay finds its place in the 21st century as opposed to the crown no satisfying the shareholders and bolting on changes that don't work.
Unfortunately, at eBay they think sellers just complain for a while and then things get back to normal. That has how things have worked in the past. However, sellers can do the math too and the calculus right now is not in eBay's favor
