08-13-2024 10:02 AM
Ive been selling on ebay for a few years now and I must say the selling fees are killing me. I just recently lost my job due to medical problems and waiting for paid leave or ssi. I need to make money but it seems like i'm going behind. I sell something for $20 by the time I Pay for shipping seller fees and tax i get paid i'm getting half of the twenty. How can anyone make a lot of money unless your getting stuff at whole sail or free. Please let me know what I can do to make more money. Also I would love to get a small business going but don't have money to buy inventory. Could someone give me some advise on this please!!!
08-13-2024 05:10 PM
@mam98031 wrote:What categories have a 20% FVF rate. From what I see on the Seller Fee policy page is it is 3% up to 15% depending on the category the seller is selling in. That low end of course are for some pretty spendy items.
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822
a $10 sale in Media with 8% Sales Tax
10.00 + 0.80 = 10.80 x 15% = 1.62 + 0.40 = $2.02 (20.2%)
Same sale except $15 = 18.86%
$20 sale = 18.2%
$100 sale = 16.6%
08-13-2024 10:08 PM
@slippinjimmy wrote:
@mam98031 wrote:What categories have a 20% FVF rate. From what I see on the Seller Fee policy page is it is 3% up to 15% depending on the category the seller is selling in. That low end of course are for some pretty spendy items.
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822
a $10 sale in Media with 8% Sales Tax
10.00 + 0.80 = 10.80 x 15% = 1.62 + 0.40 = $2.02 (20.2%)
Same sale except $15 = 18.86%
$20 sale = 18.2%
$100 sale = 16.6%
That is not the same thing and I believe you know it.
Ebay has certain percentages they charge in each category for the FVF they charge.
When you add in the per transaction fee that will always fluctuate the percentage, that is obvious. Depending on the price of what was sold. So the percentage on a $10 sale would be quite different from the percentage on a $100 sale. For sellers to have to track that and do the math on what their FVFs will be using this method is just ridiculous and time consuming.
It is far easier to figure the FVF exactly the way Ebay states it. 15% + 40 cent per transaction fee. Or I suppose you can run with your numbers then if you want to sell a $10 item and you calculate the fees to be 20.2% on that. When you go to sell a $100 item it will NOT be the same.
Ebay doesn't charge variable fees except as the purchase price gets much higher.
However if this is how you prefer to figure out what FVF will be charged on your sale, you have the right to do that, however it isn't anything I would suggest for many sellers and especially not new sellers, so they may get lost in the math.