New "simplified fees" structure seems to be higher than their making it sound

[bigcharliesknfe*tool]

I just finished reading the latest message on the new "simplified fee" structure. After looking at the coming fees it looks like I am going to be paying quite a bit more in fees than the advertised "Most sellers can still expect to see overall savings2." that is listed in the message.

Anybody else taken the time to do some quick math and see how the new structure is going to affect you? 

It seems Ebay is at the least being very misleading on this one. They act like it is going to save us sellers money but simple math and checking a few items vs what we are paying now quickly says this is not the case.

[colquhoun2]

Been a while since I've sold on here. I'm shocked and saddened to see how greedy ebay has become. And while letting buyers walk all over sellers. I will never sell anything on here again.

[sansgirlygirl]

New definition of final value fee (the name has not changed, but the definition has: final value fee plus managed payments fee.

Final value fees immediately taken from sale.  So when money is deposited from managed payments, the final value fee will already be deducted.

$.30 per transaction fee in addition to the final value fee.  

final value fees charged on the total sale amount which includes sale amount, shipping/handling charges, AND sales tax.  

Refunds Ebay keeps the $.30 transaction fee.

If a partial refund is issued, Ebay keeps the final value fee and transaction fee.

So, yes, fees are increasing.

[vrie39]

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@bigcharliesknfe*tool wrote:

I just finished reading the latest message on the new "simplified fee" structure. After looking at the coming fees it looks like I am going to be paying quite a bit more in fees than the advertised "Most sellers can still expect to see overall savings2." that is listed in the message.

Anybody else taken the time to do some quick math and see how the new structure is going to affect you? 

It seems Ebay is at the least being very misleading on this one. They act like it is going to save us sellers money but simple math and checking a few items vs what we are paying now quickly says this is not the case.

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No, no need, I speak read and write corporatespeek fluently.

Please, allow me to translate:

"Most sellers can still expect to see overall savings"

You have to be really good at reading between the lines, they never said Most sellers would PAY less.

They never said most sellers WOULD see overall savings.

What they said is most sellers can still EXPECT...

Well folks...

Expectations don't pay our bills.

So, the actual translation:

"Very few sellers will see any savings at all, and they will be very lucky if they do."

[slippinjimmy]

I've done a bit of math......

Seems to me that the more expensive the item the greater the "saving", that said it's a very small amount. For low value items (under $10) it seems like it's slightly more that current fees.

In both cases on a individual sale the amount is small but if you are doing well into six figures it will add up to a nice chunk of money.

For anyone that is using a PayPal micropayments account they will see a big increase.

[go-bad-chicken]

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@bigcharliesknfe*tool wrote:

I just finished reading the latest message on the new "simplified fee" structure. After looking at the coming fees it looks like I am going to be paying quite a bit more in fees than the advertised "Most sellers can still expect to see overall savings2." that is listed in the message.

Anybody else taken the time to do some quick math and see how the new structure is going to affect you? 

It seems Ebay is at the least being very misleading on this one. They act like it is going to save us sellers money but simple math and checking a few items vs what we are paying now quickly says this is not the case.

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This is so eBay. 

So an eBay seller can expect to see a savings compared to how transactions are processed now IF the eBay seller is lucky enough that their buyer lives in 1 of only 10 states or jurisdictions where eBay is not required to remit sales tax.

If the seller is not that lucky and the buyer resides in 1 of the 41 states or jurisdictions where eBay is required to remit sales tax well then there will be no savings whatsoever and more than likely it will cost sellers more when compared to how transactions are processed now. 

Unless of course you happen to sell sneakers with a sale price greater than $100, in which case you will pay $0.00!

Nice huh!

[eunster1313]

[thegodmother*of*lasvegas]

The actual final value fees are going up too. Current final value fees in antiques and collectables categories that I sell in are going from 9.15% to 11.5%. Thats a huge jump. All other categories FVF are increasing as well.

[buyselljack2016]

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@thegodmother*of*lasvegas wrote:
The actual final value fees are going up too. Current final value fees in antiques and collectables categories that I sell in are going from 9.15% to 11.5%. Thats a huge jump. All other categories FVF are increasing as well.

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That is a "total fee".  That %age will include the "funds processing" which is currently charged in addition to the FVF.

[dolcetreasures]

Apparently we are going to save money by paying more in fees on more fees. 

[buyselljack2016]

Have done the math on some. Seems the break point between higher fees/lower fees is at about the 5% sales tax rate. This is non-store account currently using PP.

For our non-store account already in MP, basically everything will result in higher fees.

[threshold.sales.group]

Agree. The real issue is paying FVF on the sales tax.  The examples of savings I've seen were all assuming TRS plus listings and then using the sellers earned TRS plus discount in the calculation to offset the higher fees. Given that most of the listings on the site are not TRS plus it's hard see where the claim that most sellers will save on fees comes from? 

[ekmadonna]

Yeah, it is a fee hike not a savings. We now get to look forward to being charged a FINAL VALUE FEE on the BUYER'S STATE SALES TAX PAID! Pretty slimy in my opinion.

[bigcharliesknfe*tool]

I've been with managed payments since the test run so I am in the original group that was paying 2.6% transaction without the .30 cent fee. Add that additional fee to every transaction plus the higher % and it will add up quick.  

But it is normal with ebay, they seem to try and put it to sellers every time they get a chance. It will definitely make me rethink my listings under $10 because it is going to eat up quite a bit of profit on a lot of my lower items.....

[penguins_dont_fly]

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@thegodmother*of*lasvegas wrote:
The actual final value fees are going up too. Current final value fees in antiques and collectables categories that I sell in are going from 9.15% to 11.5%. Thats a huge jump. All other categories FVF are increasing as well.

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@thegodmother*of*lasvegas 

For Store FVFs

Currently eBay + PayPal = 9.15% +(2.9% +0.30) = 12.05% +0.30

Managed Payments = 11.5% +.30

The FVF and the Processing Fee are being rolled up into a single fee.