06-02-2022 10:24 AM
06-02-2022 10:44 AM
Individual sellers can set whatever price they choose. Sometimes I imagine they don't make much profit, but who knows their costs. Ebay doesn't sell anything.
06-02-2022 10:44 AM
eBay doesn't sell one thing they basically "rents" space on their venue for eBay member to sell and buy things within eBay rules, policies, User Agreements etc. Each seller sets their own price. See brick and motor stores have to pay rent - eBay members only pay a given fee when a buyer pays. exception if the seller shoes to have a store member ship or they select certain options for their listings and of course they most-likely paid for their inventory unless they joined in on the smash and grab activities
06-02-2022 10:51 AM
eBay doesn’t sell anything.
There are many factors in play when one sets prices on their listing. The item could be a loss leader, or the seller may have low acquisition costs and can therefore afford to price under market. Then there are sellers with no clue on how to price and cheat themselves. Or the seller just wants an item gone at any price.
So your question is very broad one, with many possible answers.
06-02-2022 10:54 AM
eBay sells nothing except space. So I guess that would be the first issue.
06-02-2022 11:03 AM
eBay does not sell anything! Hundreds of thousands of individual sellers list and sell on eBay.
And those individual sellers set their own prices.
06-02-2022 01:28 PM
06-02-2022 03:27 PM
Surely you know EBay doesn’t sell anything. individual sellers will often price items at a loss just to clear out inventory or to hope buyers will check all their listings since they are there anyway. Anytime I buy online I check what else the seller offers. Found some good bargains that way!
06-03-2022 11:47 AM
09-18-2022 11:28 PM
EBay is a useful way to clear out a house of stuff when downsizing or clearing up an estate.
Those listings have no procurement cost, only the labour cost to upload them and the various fees due when they sell.
Some listings have very low procurement costs. I buy in Canadian dollars and sell in US dollars. And I have a big discount on shipping because I use the excess postage stamps DH has in the stock of his now closed stamp shop.
A lot of stuff sold here is from overseas, and almost directly from the manufacturer. This takes out all the costs added by dozens of middle men as the product makes its way from Guangdong to your neighbourhood dollar store.
And some sellers have no idea of what they are doing and are losing money with every transaction. There have been a lot of shocked sellers who actually were able to understand what they were paying in fees when the more complex Paypal service was dropped in favour of the relatively transparent Managed Payments.
Even more will be shocked when they get their 1099 from the IRS and start making deductions from the gross they thought was a profit.
09-19-2022 12:01 AM