Feeds

eBay fees rejig will still hit casual auctioneers

Sticker shock

5 things you didn’t know about cloud backup

eBay announced today it's removing listing fees for users who only occasionally auction their wares on the online flea market - but seller beware.

The website is simplifying how it charges folks who only auction just a few items per month, but it's not necessarily becoming cheaper as advertised.

eBay charges sellers twice per successful auction - there's an initial listing fee and the "final value fee"; eBay's cut of the price the item was successfully auctioned for.

Beginning 16 June, users can auction up to five items every 30 days without paying eBay's usual tariffs for listing an item. The company currently charges between $0.10 and $4.00 for peddling user detritus online, depending on the item's price.

Also under the new pricing regime, the final value fee for the first five items auctioned per month will become a flat 8.75 per cent of the sales price, capped at $20.

Currently, eBay uses a more complex scheme to calculate a final value fees, where items sold for over $25 are charged 8.75 per cent of the first $25 ($2.19), plus an additional 3.5 per cent of the item's remaining price. The fee is further complicated for values over $1,000, but we'll stick to more realistic auction pricing for casual sellers.

For cheaper auctions, the change is a good thing. An item that sells for $40 will be charged $3.5 under the new plan, compared to eBay's current take of $3.72 (which includes a $1 listing fee).

But for higher-priced items - say, $100 - the new system doesn't do nearly so well. eBay's fee revision would charge $8.75 for the item, whereas it currently would only cost the seller $6.82 (including a $2 listing fee).

The new system only applies to auction-style sales and not fixed-price listings. After a user's first five auctions of the month, the normal fees still apply.

"We’re continuing our efforts to lower the upfront costs of selling on eBay," Dinesh Lathi, the company's seller experience veep said in a statement. "The five listings with $0.00 Insertion Fees are especially helpful if you don’t sell a high volume, but offer the kind of unique and hard-to-find inventory buyers expect to find on eBay."

Better start with buying a calculator to see how the change really affects you. eBay's fee chart is available here. ®

5 things you didn’t know about cloud backup

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?