Feeds

eBay: 'We will lower listing fees'

'But we'll bilk you in other ways'

Combat fraud and increase customer satisfaction

This morning, eBay's CEO-to-be told a roomful of obsessed internet auctioneers that he will soon charge them between 25 and 50 per cent less to list their items on the site's virtual marketplace.

But he's not willing to kiss all those dollars goodbye. While charging less for listings, eBay plans to charge more when items are actually sold. eBay says its sellers prefer this sort of setup because "it lowers their risk if an item doesn't sell."

Addressing more than 200 of its "top North American sellers," Meg Whitman's replacement John Donahoe also said that the world's most popular internet auction house will raise the minimum standards for sellers and offer them all sorts of goodies if they stay on their best behavior and sell lots of stuff.

"Consumers have more choices than ever, and they expect more when they shop online today," the eBay president and CEO-elect said during his keynote address at eBay's eCommerce Forum in Washington, D.C. "We're serious about making eBay easier and safer to shop."

eBay's new fee structure will arrive on February 20 in the U.S., and eventually, similar changes will be made "globally." In the States, listing or "insertion" fees will be significantly lower for items priced above $25.

The insertion fee for items priced between $25 and $49 will drop from $1.20 to $1, for instance, while the charge for items priced over $500 will drop from $4.80 to $4.

Meanwhile, charges for sold items - known as "final value fees" - will leap in the other direction. Today, when an item sells for between $25 and $1000, eBay charges $1.31 plus 3.25 per cent of the remaining sale price. On February 20, it will charge $2.19 plus 3.5 per cent of the remaining sale price.

In words, even when you sell an item for a mere $25, you're losing an extra 67 cents. Of course, you save 20 cents if the item doesn't sell. Plus, eBay is eliminating fees for its "Gallery" option, which means sellers will soon be able to post photos of their items for free.

You aren't pleased? You must not be an eBay seller. eBay says its sellers are pleased. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Android engineer: We DIDN'T copy Apple OR follow Samsung's orders
Veep testifies for Samsung during Apple patent trial
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
Admins dab straining server brows in advance of Trusty Tahr's long-term support landing
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Windows XP still has 27 per cent market share on its deathbed
Windows 7 making some gains on XP Death Day
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
Windows 8.1, which you probably haven't upgraded to yet, ALREADY OBSOLETE
Pre-Update versions of new Windows version will no longer support patches
Microsoft TIER SMEAR changes app prices whether devs ask or not
Some go up, some go down, Redmond goes silent
Red Hat to ship RHEL 7 release candidate with a taste of container tech
Grab 'near-final' version of next Enterprise Linux next week
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.