cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 

Selling Cost too high

My selling cost was 42% of my total sales? Any suggestions on how to lower the percentage of my selling cost?

Message 1 of 18
latest reply
17 REPLIES 17

Selling Cost too high

Buy stuff cheaper and/or sell it for more. 

Papa Was A Rolling Stone - The Temptations
Message 2 of 18
latest reply

Selling Cost too high

42%?  What did you sell??


....... "The Ranger isn't gonna like it Yogi"......... Boo-Boo knew what he was talking about!


Posting ID Only.......
Yes, I have no Bananas, only Flamethrowers.......
Message 3 of 18
latest reply

Selling Cost too high

The final value fee is a percentage of the buyer's total payment including not only the selling price but also shipping and sales tax if any.  So when you divide the total fee amount by just the total of selling prices, the percentage is exaggerated.  And if you happen to sell items for which the shipping cost is nearly equal to the selling price, that effectively doubles the apparent rate.

Message 4 of 18
latest reply

Selling Cost too high


@dawgg* wrote:

My selling cost was 42% of my total sales? Any suggestions on how to lower the percentage of my selling cost?


Use appropriate mathematical formulas?

Message 5 of 18
latest reply

Selling Cost too high

Please break down your "Selling Costs".

"Those who enter the arena unarmed or unprepared are quickly dispatched."
Message 6 of 18
latest reply

Selling Cost too high

We could offer suggestions if we knew what your 42% is including.  Some expenses you have control over and other expenses you don't. 

Message 7 of 18
latest reply

Selling Cost too high

I was going to take a look at your listings to see if you sold something with expensive shipping or optional upgrades but there's no recent selling activity.  Is it listed on a different name?

ANYWAY, the final value fee is on the buyer's total payment which is item cost, shipping cost and applicable sales tax. Are you only basing the fee on the item cost?

Message 8 of 18
latest reply

Selling Cost too high

You mean your expenses are too high.

Most of that 42% is shipping costs.

Message 9 of 18
latest reply

Selling Cost too high


@fab_finds4u wrote:

I was going to take a look at your listings to see if you sold something with expensive shipping or optional upgrades but there's no recent selling activity. ...


Here are the OP's recent Sold items.  As you can see, quite a few of them have shipping costs which are close to the selling price.

 

https://www.ebay.com/sch/m.html?LH_Complete=1&LH_Sold=1&_ssn=dawgg*&_sop=13

Message 10 of 18
latest reply

Selling Cost too high


@dawgg* wrote:

My selling cost was 42% of my total sales? Any suggestions on how to lower the percentage of my selling cost?


If you're including shipping cost in that 42%, there's your problem.

Message 11 of 18
latest reply

Selling Cost too high

Buy lower and sell higher?

 

There is no other answer 

Message 12 of 18
latest reply

Selling Cost too high


@coastaltechsolution wrote:

Buy lower and sell higher?

 

There is no other answer 


Actually, in this case, the answer is "don't sell cheap stuff that costs a lot to ship, even if you acquire it for free".

Message 13 of 18
latest reply

Selling Cost too high

Well true if shipping out costs the purchase price but that is why sellers need to figure in total cost of sale 

 

Cannot give away items and prey that it will bring more traffic

 

That is not a solid business plan   

Message 14 of 18
latest reply

Selling Cost too high


@dawgg* wrote:

My selling cost was 42% of my total sales? Any suggestions on how to lower the percentage of my selling cost?


It's not rocket science. You just look at every element you consider to be part of your "selling costs", examine it, and look for ways to improve.

 

Are you paying store fees?

Are you paying insertion fees?

Are you paying listing upgrade fees (bold, subtitle, reserve price, etc.)?

Are you paying Promoted Item fees?

Are you selling items with high shipping costs?

Are you paying too much for shipping supplies?

Are you paying too much for your inventory?

 

Message 15 of 18
latest reply