Nearly 15% in Fee's. Is that correct?

[pf9000]

I thought they normally charge 10%. My last sale had 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%).

[mam98031]

---

@hriczgashenr wrote:

Keep your eye on the Ebay magical FVF floating percentage rates and their ability to tell you one thing then add up another. hidden percentages are more than you would think. CROOKED is THEIR STYLE.

---

@hriczgashenr 

Would you mind being more specific so we can understand what you are trying to address please.  When have you experience this and in what situations?  What percentage have you found to be hidden?

[hriczgashenr]

Hi,

I don't mind expressing how I feel about the FVF percentage only amount, that is an amount used to deduct one of the fees on a sale. That is what it is, plain and  simple. But the second FVF is .30 cents and there is one the problem. Now there is a whole different percentage amount total when the  cost of the sale calculation is the total cost of sale which is including that second FVF the .30 cent fee.  The cost of a sale has to be looked at collectively and cumulatively. The end of the sale cost and the FVF are two different calculations, all the costs of the sale expense should be included, such as the monthly service fee you pay for your store, per sale and applied for the the service you subscribe to. as well the 30 cents per sale charge labeled as FVF fee should be added to the fees per sale before not after the FVF percentage fee of the sale is calculated.  What is the point of labeling FVF twice? Confusing and I believe a misrepresentation of FVF.   Then the actual cost of the sale will have those fractions of your dollars included in the calculation.

It all adds up to the true percentage amount of the cost of a sale. Especially since the FVF is used twice on the same transaction. In the world of smoke and mirrors Variable rounding up benefits the receiver, in the world of the payer who is charged for the same thing twice on the same invoice for two different services it may not seem to make sense as well, nor worth the time to differentiate.

But to the penny it matters especially when millions and millions of pennies are collected everyday. With that being said exact definition and application of decimal in dollars, accountability and the bottom line would be more in balance for everyone.

[albertabrightalberta]

@hriczgashenr 

The $.30 is a processing fee, NOT FVF. 

The rest of your post has been discussed ad nauseum.

[mam98031]

---

@hriczgashenr wrote:

Hi,

I don't mind expressing how I feel about the FVF percentage only amount, that is an amount used to deduct one of the fees on a sale. That is what it is, plain and  simple. But the second FVF is .30 cents and there is one the problem. Now there is a whole different percentage amount total when the  cost of the sale calculation is the total cost of sale which is including that second FVF the .30 cent fee.  The cost of a sale has to be looked at collectively and cumulatively. The end of the sale cost and the FVF are two different calculations, all the costs of the sale expense should be included, such as the monthly service fee you pay for your store, per sale and applied for the the service you subscribe to. as well the 30 cents per sale charge labeled as FVF fee should be added to the fees per sale before not after the FVF percentage fee of the sale is calculated.  What is the point of labeling FVF twice? Confusing and I believe a misrepresentation of FVF.   Then the actual cost of the sale will have those fractions of your dollars included in the calculation.

It all adds up to the true percentage amount of the cost of a sale. Especially since the FVF is used twice on the same transaction. In the world of smoke and mirrors Variable rounding up benefits the receiver, in the world of the payer who is charged for the same thing twice on the same invoice for two different services it may not seem to make sense as well, nor worth the time to differentiate.

But to the penny it matters especially when millions and millions of pennies are collected everyday. With that being said exact definition and application of decimal in dollars, accountability and the bottom line would be more in balance for everyone.

---

The 30 cent fee is not a FVF, it is a per transaction fee.  A fixed fee that is charged no matter if the sale is for $1 or $10,000, the fee is the same.  It isn't a new fee either.  We always paid it when PayPal was our money processor too.  So why it is suddenly an issue because now Ebay is charging it?  Ebay is our money processor now.

The 30 cent fee is not listed as a FVF in the details of our fees, it is listed as a fixed fee, which it is.

The monthly fee for having a store is a completely separate fee and should be.  How would you suggest Ebay split that up and charge it as a FVF on our sales?  How would Ebay know how much you might have in sales for the month BEFORE the sales happen so they can properly divide up the fee?  So how do you think they should accomplish this task?

You are absolutely right that all these fees we have been discussing are a cost of sales and needs to be accounted for.  And we can do that pretty easily from the reports we can generate from Ebay.  What is important to know is that the FVF for your category needs to be considered when you are pricing your item as well as any other costs you have for the product.  Cost of the product itself, Ebay fees, packaging materials, shipping costs, etc.

So I agree with you on all of that needs to be accounted for.

So what are the fees you feel are "hidden" as you stated in your previous post?  We haven't hit on that yet.

[hriczgashenr]

Ok so now how do we spell that is it FVF meaning FVF or spell it FVF meaning processing fee? 

Meaning it  is a service fee that we didn't pay before with Paypal, and we didn't have to wait to get our money either, sounds like Government agencies that we do not want or need in our life. It should be represented and calculated as such.  APPLES are APPLES and deception is deception. Enough is Enough, One is good for business and one is not. I choose to stand for what is right and I choose to point out the fine details of truthful business practices and the benefits of not using liberal filled smoke and mirrors.  

[inhawaii]

I went into a restaurant the other day for lunch.

I didn't look at the prices.

I thought they usually charge $10 for lunch.

They charged me $15.

You should always check the prices BEFORE you order food ... or list something on ebay.

[dhbookds]

it is a service fee that we didn't pay before with Paypal

oh yes you did pay it.

[hriczgashenr]

The 30 cent fee is not a FVF, it is a per transaction fee.  A fixed fee that is charged no matter if the sale is for $1 or $10,000, the fee is the same.  It isn't a new fee either.  We always paid it when PayPal was our money processor too.

Never saw the separate processor fee stated on any transaction as processor fee.  So why it is suddenly an issue because now Ebay is charging it? Because EBay holds your money and Paypal doesn't, Because Ebay didn't think the loss of anyone or any percentage of their bread earners would matter to the bottom line, or bother to waste time on any level because of a few particular issues that matters to EBays bottom line and that of the bread earner. Collateral damage to the bottom line exists, and weather or not the shirts will allow the stockholders to know what that number is it, is the elephant in the room.  it will come out.  Ebay is our money processor now. Good for Ebay, and the elephant.

The 30 cent fee is not listed as a FVF in the details of our fees, it is listed as a fixed fee, which it is.

Geez it says FVF right next to the charge,

The monthly fee for having a store is a completely separate fee and should be.  How would you suggest Ebay split that up and charge it as a FVF on our sales? 

I never said that was a problem, that is on the store owner, how ever you figure that amount which is simple isn't it days of the month divided by the monthly fee. then  incorporate that into you per sale gross of the month and go from there.

How would Ebay know how much you might have in sales for the month BEFORE the sales happen so they can properly divide up the fee? Ebay doesn't have to divide that fee you do. or not.

So how do you think they should accomplish this task? I think you've swayed way off course, sorry to have had that effect on you with the matters. No offense intended, to you or Ebay. it is what it is.

[hriczgashenr]

Exactly

[mam98031]

---

@hriczgashenr wrote:

Ok so now how do we spell that is it FVF meaning FVF or spell it FVF meaning processing fee? 

Meaning it  is a service fee that we didn't pay before with Paypal, and we didn't have to wait to get our money either, sounds like Government agencies that we do not want or need in our life. It should be represented and calculated as such.  APPLES are APPLES and deception is deception. Enough is Enough, One is good for business and one is not. I choose to stand for what is right and I choose to point out the fine details of truthful business practices and the benefits of not using liberal filled smoke and mirrors.  

---

@hriczgashenr 

FVF = Final Value Fees

There are NO PayPal fees for sellers.

MP is growing this year and so far has made some nice changes to the program.  More coming later this summer too.  Did you read the 2022 Winter Seller Update for the stuff that is coming for MP?  Pretty great stuff.

[mam98031]

@hriczgashenr 

However now PayPal charges 49 cents.

I'm not sure how you are reading your screens that show you the fees you are paying, but here is an example.

I agree it could be better marked, but it is there.

You are welcome to break down that store fee any way you feel works best for you.  I would never do it the way you suggest, it is just too much work.  I personally don't see the importance in breaking that down by transaction.  I do however respect that for you it is important and you do break it down.

[chapeau-noir]

---

@hriczgashenr wrote:

Ok so now how do we spell that is it FVF meaning FVF or spell it FVF meaning processing fee? 

Meaning it  is a service fee that we didn't pay before with Paypal, and we didn't have to wait to get our money either, sounds like Government agencies that we do not want or need in our life. It should be represented and calculated as such.  APPLES are APPLES and deception is deception. Enough is Enough, One is good for business and one is not. I choose to stand for what is right and I choose to point out the fine details of truthful business practices and the benefits of not using liberal filled smoke and mirrors.  

---

ROFL - you had to squeeze a little political sniff into that, even if it doesn't make any sense.

[style2034]

I am charged 15%.  I have been selling since 2004.  I do not have a store any more and I am above standard only because I sell very little now.  Below is my sale from today.  I am charged 15% all the time.  Why is that when it should be 12.9%.

• • Final Value Fee

    -$26.22

    Variable percentage • Clothing, Shoes & Accessories category •Final value $0.00 - $2,000.00

    Final value $0.00 - $2,000.00

    $174.78

    ×

    15.0% =

    -$26.22

Final Value Fee

-$0.30

Per order fixed amount

Total fees

-$26.52

[craft-stash]

The breakdown is more likely 20% with all the hidden floating fees! And rising!!

[mr_green_shoes]

This!!!!!!

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