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%).

[nobody*s_perfect]

eBay has switched over from PayPal to Managed Payments, so there is now zero fee paid to PayPal and in most categories 12.9% to eBay. So it works out about the same. Some categories are more than 12.9% or less.

Non-store: https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822

Store: https://www.ebay.com/help/selling/fees-credits-invoices/store-fees?id=4809

The Final Value Fee percentage is charged on the buyer's total payment including item price, shipping and their state's sales tax if any.

[mtgraves7984]

I thought they normally charge 10%. 

@pf9000 

You've been away awhile... eBay used to  charge 10%.

[2013grotz]

It's correct.  The fee isn't on just purchase price but on all other fees collected too (shipping, tax).   Total sale was $32.50 (no sales tax for your sale evidently or that'd be more).  So fees would be $4.19 + .30 or 4.49 (or what you said).

Course a lot of the issue with ebay's fee structure is that fee for total does not equate to fee actually upon the item, and that % may vary pretty widely depending on what the item sold for, how much it costs to ship and whether there was any sales tax included.  It can very well be a large chunk of the actual item sale (shipper or the IRS isn't going to pay the FVF), even up to and over 100%.

So one really has to watch what's going on, which evidenced by a number of the posts here, generally don't.

[luckythewinner]

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

eBay does not hide their fee schedule, it is posted on their website and available to anyone. It is very easy to check whether you fees are correct. 

I thought they normally charge 10%

They charged 10% back when you had to use PayPal. And since PayPal charged you 2.9% plus 30 cents,  you were paying the same 12.9% plus 30 cents you just paid on your latest sale. 

For an item that sold for $30 the total Fees amounted to $4.48 or nearly 15%.

When eBay charged 10% and PayPal charged 2.9%, they both applied it to the buyer's total payment just as they do now. 

When you signed up for managed payments, eBay told you there was a new fee schedule and gave you a link to it. 

eBay fees can vary based on the sale amount, the shipping amount, the sales tax amount, the buyer location, the shipping address, the category, listing upgrades, your seller rating, your store subscription level, your service metrics, whether the listing was promoted or not, and probably a half-dozen other things I can't remember right now. 

[fab_finds4u]

They used to charge 10%  on eBay and 2.9% on PayPal  for a total of 12.9% plus .30.

Now it's 12.9%  plus .30 for most categories, and no PayPal fee.  

Basically it's the same fee.

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[house*of*paws]

Hi @pf9000 

eBay charged 10% in fees at the time that PayPal was charging sellers an additional 2.9% (plus 30 cents) to process buyers’ payments.  

eBay now charges 12.9% (mostly)  in fees on its own.  Fees are charged on the TOTAL amount of buyer’s payment … including shipping and tax … which can cause some sellers to think that they’re paying a higher percentage than they are.

[coolections]

Correct. The fees average out to 15%.

[discountdenimdeals]

When I first started, I always used to think it was high. But you have to put into perspective of what those fees go to and the other services ebay is providing to you. I mean posting and selling an item is fairly easy. Why is that? Because of the platform and the financial information your seller hub provides. Plus the new overview provides tons of information about your account. They keep track of your orders. What's shipped, what hasn't shipped, what's been delivered, what is needing to be returned and inform you immediately so you can handle that return. Marketing help. Performance information. Payments, monthly reports. I see my fees as going towards all of that. Because if I was running my own website and selling this stuff I would be spending waaaaaaaaay more of my personal time doing what ebay does for me regarding my account and my orders. Think of all of the things you would have to do on your own and figure out yourself if ebay didn't offer all of those services int he seller hub. You'd be going crazy with accounting and keeping up with shipping and performance. ebay does all of that for you and I'm content with the fee's seeing as how I'd be paying so much more if I were running my own site selling this stuff.

[soh.maryl]

If the FVF is a "large chunk" of the total amount paid by the buyer to the seller, that means the item price was  also large.

12.9% of $500 is obviously going to be more than 12.9% of $100.  

[soh.maryl]

It sold for $32.50 plus state sales tax if any.  And you listed with free shipping which means that you had to pay the shipping cost out of that $32.50, so hope you accounted for that.  

[714ricki]

Depending on the category, you used to pay 10% from ebay + the 2.9% from PayPal. Now all the commission rate is paid directly to ebay via ebay managed payment. Please check the updated fee rates to give you a better idea of the fees per category. 

Hang in there!

[mam98031]

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@coolections wrote:

Correct. The fees average out to 15%.

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@coolections 

Show your math please so we can all better understand how you arrive at that number.

[mam98031]

@pf9000 

Keep in mind that the 30 cent per transaction fee is the same on a sale of $1.00 as it is for a sale worth $1,000.  So adding the per transaction fee into your number that you divide your sales by only makes your fees a number you can rarely nail down as it will fluctuate from sale to sale as the number for the sale differ.  But if you use 12.9% plus a 30 cent per transaction fee, then the number is a constant and can use it no matter what your total sale if for.

$30. x 12.9% = 3.87 FVFs plus 30 cent transaction fee = 4.17

If you paid $4.48 on the $30 sale then there was some shipping charge or sales tax or both.

[johnrj1226]

But  you  no longer  have the PayPal fee of 2.9% +plus 30 cents

Read  this - it  has  been in place  for about a year with several pre annoucements

https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822&st=12&pos=1&query=Selli...