mam98031 • Volunteer Community Member • Buyer/Seller since 1999
@richardcm wrote:
@mam98031 wrote:
@comm-tech-solutions wrote:Well for me, I am probably done with fleabay. I have been on since 1996 but had not sold on here in a little while. I just sold my 1st Item and saw how high the fees are. I will look into other venues
Well that is certainly your right. But why would you think that after being away for awhile from selling that selling fees would not increase? Would you think their costs have not gone up? Do you expect the fees to say the same year after year after year?
Now realistically, Ebay did have a fee increase as of April 1, 2021. The first one we have had in quite a while. It was 0.20% across categories.
Some sellers feel that now that we are in MP that are fees increased. And in a way they did because Ebay is now our money processor. So instead of paying PayPal for money processing we pay Ebay. But some simple math will show you that they did not increase fees.
The fees in MP have NOT increased overall fees. The following numbers represent those that do not have a store and the fee rate for most common categories [not all].
Fees BEFORE going into MP
10.20% FVF + 2.9% PP fees = 13.10% plus 30 cent per transaction fee.
In MP the fees are:
10.20% FVF + 2.35% money processing fee paid to MP = 12.55% plus a 30 cent per transaction fee.
Starting August 2nd, PayPal is raising their fees, so they will be as follows:
10.20 Ebay FVF + 3.49 PP Fee = 13.69% plus .49 cent Per Transaction fee
PP is apparently offering different fees to different sellers, likely depending on size. From what I've seen it is between 2.59% and 3.49%.What I read into this comparison of current eBay MP fees, older eBay + PayPal fees and new PayPal fees, is that eBay MP now has precedent from the new PayPal fees to increase their rates next year. I can see the MP transaction fee going from 0.30 to 0.49 and the MP 12.55% going up another 0.20% at least.
Well that is rather silly. Ebay doesn't need or require the permission of PP to raise its rates, nor is the only time Ebay can raise rated because PP does.
I get it that for some it is important to throw as much mud at Ebay as possible, whenever it is possible, whether or not Ebay has done what is being slung at them just doesn't matter.
My personal opinion is that we have plenty to deal with that Ebay actually does to even venture into the fantasy world of the WHAT IFS!
@richardcm wrote:I apologize if you think I was attacking you or eBay MP. I have been reading a few of the MP topics in the past few weeks to learn more about MP. Your posts are very informative and detailed as well as others.
My post was just an observation on the three rates. My thought was that eBay had to keep MP rates less than PayPal rates as a benefit over the old eBay and PayPal system. Once MP is fully implemented by the end of year eBay can consider raising rates again.
But as you said, eBay can changes rates anytime.
My apologies again.
Oh I didn't feel attacked at all, sorry I gave you that impression.
Posters can and do a lot of damage posting assumptions, gossip, rumors and other unsubstantiated stuff. It serves no purpose, at least not a good purpose. And it can damage those out there that are simply seeking to better understand MP. Your post just wasn't necessary and there was nothing said by anyone to suggest that Ebay would do as you suggest they might.
This is the point. Your post was NOT an "observation", it was a guess on your part with NOTHING to back it up. As if every time Ebay raised a fee, Ebay does. History does not prove that out to be correct. Unless you have OBSERVED something different. Then please do share.
But they didn't. The overall fees in MP are neutral. No real savings and no real additional expense. Overall they are neutral in a months period of time. If you consider the new fee increases in PP, then now MP does save us money, but before that it was simply a neutral change.
"Once MP is fully implemented by the end of year eBay can consider raising rates again. " Ebay doesn't have to wait until then, if they want, they can raise fees tomorrow or next week or next month or next year, etc.
We had a 0.20% increase in our FVFs as of April 1st in Ebay. That was the first increase we had in a couple of years. You talk as if Ebay is raising rates on a regular basis which simply is not supported by the history of the site.
No need for an apology. I'd simply prefer to deal with the here and now along with facts. Not rumors, gossip and assumptions which are more often harmful than helpful.
If you still have some questions regarding MP, feel free to ask.
@releasethekraken_1 wrote:
@mam98031 wrote:
@comm-tech-solutions wrote:Well for me, I am probably done with fleabay. I have been on since 1996 but had not sold on here in a little while. I just sold my 1st Item and saw how high the fees are. I will look into other venues
Well that is certainly your right. But why would you think that after being away for awhile from selling that selling fees would not increase? Would you think their costs have not gone up? Do you expect the fees to say the same year after year after year?
When a fee is based on a percentage, why wouldn't it be possible for the fees to stay the same year after year after year? Rising costs are covered by the increased dollar volume in sales, resulting in increased revenue. Using your logic, if eBay stayed in business long enough, they'd eventually be justified in charging a 100% FVF.
If costs are rising without increased sales, that's an internal problem that can cause a business to fail.
I never even ventured any where close to saying that. While I support your right to your opinion, that is nothing like what I said, intended or implied. It is simply and overstatement or exaggeration of what I actually said.
If the services of Ebay were the same as they were the day they started, then maybe the fees should not have increased over the years. But as Ebay aged they grew and they offered more tools and options on the site. I get it that some think is should all be free or nearly free, I just don't hold the same opinion. Nothing wrong with that. Just as sellers have the right to be paid for services rendered, so does Ebay.
Now of course it will never even get even close to 100%, that simply is such an overstatement. Then the site would just close as no sellers would sell here and without sellers there is no reason for buyer to come. Simply a silly idea and such a leap from what I said.
@royalemosaics wrote:Yes, you are right, FVF should not more than 7%.
How do you arrive at that number?
@oldtreasuresforyou wrote:Basically, most sellers are at 33% total costs by Ebay matrix. I charge for postage and am still there. the rates and many many times you are charged a fee on Items are now here. the matrix for total fees is a good place to look because it's a simple way to see total intake vs total Cost. It us enormous and does not include your cost for the item. end of story - to make a profit you need to adjust prices. Watch the numbers because eBay will only get greediler
How can you speak for "most sellers"? How do you know what the costs are for all those sellers? Where did you acquire that information?
You certainly don't speak for me and you certainly aren't speaking about "most sellers" because NO seller pays a 33% fee to Ebay for anything. Putting your shipping costs into the amount Ebay charges you is simply NOT the correct place for it. That is a cost like buying the product and has nothing to do with what fees Ebay charges.
What comes into consideration when Ebay calculate their fees is the product price, shipping if stated on the listing and the buyer pays it and any related sales tax if any. Ebay fees have NOTHING to do with what you actually pay for the shipping, that is simply a cost of your sales like whatever you paid for the product.
This is all stuff you should be very aware of so you can properly price whatever it is you sell. Without the accurate knowledge of how and when Ebay charges fees, you can't possibly price your items correctly.
For example, I see that you charge the exact amount for shipping as you will pay to USPS when you ship the item. To do that and still be profitable, you will need to ADD to the sale price of your item the cost of the FVFs on Shipping AND your shipping supplies. Some sellers prefer to put that in the Shipping charged to the buyer and others, such as yourself put it in the price of the item. Either way is fine as long as you do it one of those ways. If you don't, then you are giving away some of your money.
This is an old thread. It will likely get closed very soon. If you'd like to discuss this more, it might be helpful to open up a thread on the subject. I'm sure there are others that would be happy to discuss this with you.
