03-22-2024 11:40 AM
I am asking about two things related to selling products in general.
The first is that I wanted to know what "Sales Tax" means? I mean, why does anyone who buys from me actually pay it, and is it by percentage?
The second is why there is a limit on the amount of offers for buyers? After all, how does it bother eBay if I make an offer to someone who was interested in the product and thereby sell the product? And also does this limit reset after a certain time?
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03-22-2024 11:58 AM - edited 03-22-2024 12:00 PM
@uniqueelectronicsa wrote:I am asking about two things related to selling products in general.
The first is that I wanted to know what "Sales Tax" means? I mean, why does anyone who buys from me actually pay it, and is it by percentage?
Similar to the EU VAT, Sales Tax is a rate dictated by the State that the consumer resides in. Due to federal law, the platform (market facilitator) is required to collect, file and remit said Sales Tax to the appropriate State. (United States) It is a percentage based on the buyer's physical address.
The second is why there is a limit on the amount of offers for buyers? After all, how does it bother eBay if I make an offer to someone who was interested in the product and thereby sell the product? And also does this limit reset after a certain time?
haven't a clue...probably to limit aggravating low-ball offers and continuous back and forth scenarios
03-22-2024 11:55 AM
Customers in the United States have to pay "sales tax" (approximately 8-11% depending upon which state item is shipped to). Sellers have to pay "selling fees" based on entire amount (purchase price + shipping + sales tax) plus 30 cent handling charge.
Could be additional charges if you "promoted item" or "international fee". EBAY waives the "international fee" if you ship using EIS shipping.
03-22-2024 11:58 AM - edited 03-22-2024 12:00 PM
@uniqueelectronicsa wrote:I am asking about two things related to selling products in general.
The first is that I wanted to know what "Sales Tax" means? I mean, why does anyone who buys from me actually pay it, and is it by percentage?
Similar to the EU VAT, Sales Tax is a rate dictated by the State that the consumer resides in. Due to federal law, the platform (market facilitator) is required to collect, file and remit said Sales Tax to the appropriate State. (United States) It is a percentage based on the buyer's physical address.
The second is why there is a limit on the amount of offers for buyers? After all, how does it bother eBay if I make an offer to someone who was interested in the product and thereby sell the product? And also does this limit reset after a certain time?
haven't a clue...probably to limit aggravating low-ball offers and continuous back and forth scenarios
03-22-2024 11:59 AM
eBay doesn't want you sending more than one offer to the same buyer, that's why there is a limit. Also, some buyers have specified in their preferences that they don't want offers sent to them.
03-22-2024 11:59 AM - edited 03-22-2024 12:01 PM
The second is why there is a limit on the amount of offers for buyers?
I suppose that if a seller and buyer can't meet after 5 tries, negotiations are already over in eBay's eyes.
ETA: Note that the 5 ^^^ includes offers and counteroffers. And I don't think the time allowed for sellers to make an Offer ever 'resets'. It's one and done per perspective buyer.
03-22-2024 12:19 PM
Your buyers pay sales tax because they don't have a choice. Sales tax is a state tax levied on transactions in most states. Because it is a state tax each state levies it differently, in my state it's 6% and some transaction categories (unprepared foods i.e. most grocery purchases & newspapers/magazines) are exempt. eBay is required by law to collect sales tax when applicable and remit it to your buyer's state, this actually makes your job as a seller easier because if eBay wasn't doing it you'd have to do it.
03-22-2024 01:15 PM
As others have explained, sales tax is charged purchases by buyers in states that require sales tax to be paid. Ebay is required by law to collect and remit these taxes that the Buyer pays for. The rates vary by the State, County and City the item is getting delivered to.
Sending a buyer multiple offers is just bad business and very confusing for a buyer. Each offer you make as a shelf life. After the offer expires, you can send an offer to other buyers that were interested in the item.
You will also have a Selling Limit because you are a new seller.
When a seller desires to increase their selling limits, they are allowed to request an increase once every 30 days. Mark your calendar and every 30 days request an increase until you have your selling limit well above anything you think you will ever need. Below is a link to where you can go to ask for a selling limit increase. It is the third option in the link below.
https://www.ebay.com/sellerhelp/sl