06-28-2019 03:59 PM - last edited on 06-28-2019 05:15 PM by kh-gary
I have been on eBay since 1997. That's right, 22 years. It was AuctionWeb when I joined.
I have gross yearly sales on eBay approaching $4 million.
I paid eBay over a quarter of a million dollars in 2018, which, by the way, was substantially more than I took home.
I have watched over the years as my FV fees have climbed from an average of about 3% to 7.15% for my category, and that is just because I have an anchor store. I've watched as the cap on items went from $100 to $250. I watched you reduce the Top Seller discount from 20% to 10%- a move which it took $40k a year out of my pocket. And all through it I have tried to hang on and grow my business.
The final straw came this week when I was informed I have 'Very High' rates of returns due to item not as described.
We all know this new and completely arbitrary standard is just a bullying tactic to get people to offer free returns. Well, I sell musical instruments, and I am absolutely not in the business of providing free rentals for a money and paying the shipping both ways. Even so, there is an awful lot of abuse, and people will list an instrument as defective if they don't like the way it plays, just to get a free return.
Over 3 months I had a total of 28 returns due to 'item not as described'. 18 of them were abusive. And these are not appealable.
But those 28 returns are enough to get me an additional 5% final value fees with no cap. This stands to literally add $20,000 PER MONTH to my eBay bill. Because of a few people who abused returns.
This is ridiculous, and it is also an existential threat to my business.
So I did what anyone n my position would do. I called my Personal Account Manager. He's on vacation without any information for who is covering for him. I called another contact who passed my request for a call to the person covering my account manager. She's 'really busy' and will call me next week.
She's too busy to call a $250k customer who is facing a threat to his business.
Ever since I got a Personal Account Manager (for the second time) 3 years ago, I have been telling eBay what I need them to do to expand my business. eBay has ignored me. eBay is no longer interested in creating partnerships with business and growing online sales-they have instead resorted to the tactic of increasing revenue by increasing fees.
I am leaving eBay after 22 years.
07-01-2019 07:46 AM
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07-01-2019 10:00 AM
Hi Lasantino, you're very welcome, I guess that I have been lucky I am much more mindful these days, I understand your feelings entirely, we never know I guess, good luck with everything.
07-01-2019 10:10 AM
07-01-2019 10:28 AM - last edited on 07-02-2019 02:30 PM by kh-gary
It isn't that my pieces don't 'match' what eBay wants. My merchandise is new or near new for the most part. It's that buyers abuse returns and falsely use a reason that allows them a free return AND THEN I get the additional 5% fees.
07-01-2019 10:28 AM
07-01-2019 10:30 AM - edited 07-01-2019 10:33 AM
@themightyquinnbrassandwinds wrote:
Honestly, I've been in business for 22 years and I really don't need your advice on my business model. First off, I sell brass and woodwind instruments, not guitars and basses so my fees are not that low. They should be, as eBay has lost all of the major sellers in these categories except me, but they do not care about revitalizing this. My business model was jsut fine before the eBay fee creep, but I have been seeing them take more and more out of my pocket every single year.
My base fee rate is 7.15% because I have an anchor store. I am indeed selling $400k per month to incur an additional $20k in fees per month. Walking away is certainly the right decision when I am now losing money and can't pay my employees. I'm not throwing good money after bad.
You are the third or fourth person to mention starting up my own website. Do you people really think a website is a magical thing that buyers will automatically find? I have had my own website for several years and it gets nowhere near the traffic eBay does. That's why I pay eBay fees in the first place.
Incidentally, when I quit my full time job for a technology company to sell on eBay, the eBay fee schedule was markedly different. They have gradually changed it to trap those of us who committed to them early on to soak us for everything we are worth.
Apparently you do or you wouldn't be failing. Guess what.....I've also been here 22 years, but didn't see the need to post that! You act like your the ONLY one fees have gone up for, they've gone up for EVERYONE!!
Buyers find websites with proper advertising and key word search, but since you can't turn 4 million into anything over 250k in profit, I guess that wouldn't be something you'd be able to do. There's a movie poster guy who left here and started his own site well over a decade ago. He's thriving. I stated you should have started a LONG time ago, now may be too late.
No one forced you or anyone else to quit their fulltime jobs to sell on ebay. That was the risk you took. Just like companies also change and ppl lose jobs. Times change.
I guess you posted for sympathy and not help! I should have guessed that by the foul word used in your title. I can only imagine what the mod edited out of your post and the language you must use with your customers. No point in returning to this thread.
07-01-2019 10:53 AM
07-01-2019 11:31 AM
@themightyquinnbrassandwinds wrote:
Well, I guess I must be the only person who doesn't enjoy having my fees arbitrarily raised every single year. You go ahead and have fun paying 15% fees on everything you sell.
You are definitely NOT the only person annoyed with the current smash and grab.