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Going Negative with fees

So it’s probably about time to quit eBay. It would not matter on raising the price on shipping ( I’ve tried and items just don’t sell), and the value of the item is correct. But this picture explains enough on a $1 item. Shipping is between $5-6 Say if I offered free shipping 😒 Unless someone has suggestions. I’m all for it.

7A0E8A23-D83F-439F-AB90-527D78A54C00.png

 

Message 1 of 8
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7 REPLIES 7

Re: Going Negative with fees

$1.00 Sell price
-$.35 Listing fee
-$.30 Credit card swipe fee
-$.78 Final Value fee
=====
-$.43 Net profit


Hold on to this item until the market value increases to the cover price of $3.95

Message 2 of 8
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Re: Going Negative with fees

You are right selling fees can eat up all your profit.   Rarely can you make any profit selling items under $25.   You should combine items and to raise value of your sale.

 

Also, having auctions with starting price of 99 cents is a losing proposition if you only get one bidder.   Better to have starting price at the lowest price you are willing to accept.

 

 

Message 3 of 8
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Re: Going Negative with fees

"...But this picture explains enough on a $1 item..."

 

let's show the REAL details for this transaction

Sale Price $6.07 (1.00+5.00+.07)

Less FVF (-) $1.08

Sub-Total $5.06

Shipping (-)$3.65

Net PROFIT (before COG) $1.41

 

So, you sold something for $1.00 and pocketed $1.41

not bad

 

 

 

Message 4 of 8
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Re: Going Negative with fees

 

 

 

The lowest I will price my items is $14.99 with like only two or three exceptions where I went down to $9.99. 

Sometimes I have low price items that I have to sell in lots of multiples in order to make it so it will actually sell for those prices. You should sell a lot of 10-20 comics together.

 

Message 5 of 8
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Re: Going Negative with fees

Don't Sell Anything Under $10, I Am Slowly Doing That Myself, & Even At $10 It's Not Great, But Make Bundles In Order To Increase Your Prices!, It's The New & Improved, But For Sellers It May Be New, But Not Improved!

Message 6 of 8
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Re: Going Negative with fees

Flawed "business model".

 

How would anyone every expect to make enough selling an item for $1 to make it worth their time.

 

Even with  "zero" fees, and zero COGs, it makes no sense to sell something for $1

 

The $1 items I put out in my "yard sale" do not even warrant me being outside to get that $1. $1 goes in a can on the table.

Message 7 of 8
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Re: Going Negative with fees

Better yet. pile them up and donate somewhere.  Take the total against your taxes.  It's a lot less work. 


She who dies with the most toys still dies; when's the estate sale?
Message 8 of 8
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