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eBay fees are a joke

Discussion in 'Ebay' started by Abstroose, Mar 13, 2011.

  1. Abstroose

    Abstroose Elite Member

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    I started a new campaign on eBay recently which seemed to be going very well. That's until I realised, eBay fees are ridiculous. I'm selling a product with a sales price of £15+, and making £2.50 profit on each item. The 9% final value fee means I'm actually making less than £1 if you consider listing fees too.

    9% is ridiculous! Has it always been like this?
     
  2. dzoniij

    dzoniij Regular Member

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    yes ebay fees always were like that depends also from product price if price is higher then maybe there were less % fee
     
  3. Dareeude

    Dareeude Registered Member

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    Well, there's a reason that wee call it feeBay and eGay :D
     
  4. johnniew

    johnniew Jr. VIP Jr. VIP Premium Member

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    I think that your business module is wrong.

    in order to earn money from prducts you will have to find some product you can sale for 100% profit.

    as I can see your profit right now is less then %10.. which is WRONG.. it is not related to eBay it is reliated to your busniess module.

    this is just my two cent..

    good luck.
     
  5. Dareeude

    Dareeude Registered Member

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    Well eBay is all about promoting an item which look valuable, but is cheap to the seller.
    That's my opinion about it anyway :)
     
  6. r4ys--

    r4ys-- Junior Member

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    yeah... 10% profit margin will never make it. 100% is the way

    imagine 1 out of 20 customer chargeback on you (there are lot of eGayer that wont pay for the stuff they have received), u got almost nothing for profit

    go get some good dropshipper with good price before venturing in ebay
     
  7. Abstroose

    Abstroose Elite Member

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    I have to disagree with the '100% profit'. Everyone knows ebay is pretty much saturated.. where are you really gonna find something for $30 that you can sell for $60? I'm dropshipping, so I have no risk. All I need to worry about is ebay fees. And I'm not paying the suppiler till I get paid anyway.
     
  8. KeepRunning

    KeepRunning Newbie

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    Thats why they call ebay FEEBAY, not to mention the insane paypal fees. How about trying some paypal alternatives like "Paymate", but you must have 10 or more feedback in order to use Paymate. Moneybookers is another good option, and they never bother you, suspend you,etc BUT the only drawback is that you get your money every month per transaction.
     
  9. Moneyman94

    Moneyman94 Junior Member

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    Its all about marketing. I bought some statues of the Last Supper from an online wholesaler a while back. I paid $5.00 for them and put them up for $25.00 and for 2 weeks they didnt sell. I changed the description around by adding some emotional phrases and listed that it was created by the famous Italian artist ............. Which it was truely created by this person I am just not sure how famous he was. I sold out within a week.

    As i said its all about the marketing.
     
  10. Abstroose

    Abstroose Elite Member

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    How does marketing affect ebay fees? I don't have a problem selling?
     
  11. jinxaladin

    jinxaladin Newbie

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    very interesting to learn how to work ebay and how to compete for buyers with an easy way.
     
  12. bestclpvas

    bestclpvas Newbie

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    hi

    i have listen abt it, there have a same snario.
     
  13. Abstroose

    Abstroose Elite Member

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    Someone ban these idiots?
     
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  14. Hollywood007

    Hollywood007 Registered Member

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    Don't forget about those Paypal fees too, if you are using them
     
  15. suave

    suave Regular Member

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    there is a way to have your fees lowered if you sign up for an affiliate to egay and add that your auctions then drive traffic true your affiliate link I believe egay pays a % of the sales so you will be able to sell your products and minimize the fees.
    Regards
    Suave
     
  16. jheyslow

    jheyslow Senior Member

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    Ebay is a joke. Having your own website selling own products is the best way to go, no limits and fees. I still list on ebay but I just lured the visitors to buy in my site instead in ebay.
     
  17. Kirkorov

    Kirkorov Newbie

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    eBay is a rip off.
    I wish I had my own website to sell my products...(((
     
  18. Italian Hawk

    Italian Hawk Power Member

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    I thought like 10 years ago it cost like $0.50 for a listing provided it actually sold?
     
  19. WorkHardL0veLife

    WorkHardL0veLife Regular Member

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    9% is a bit much . i have to agree.
     
  20. mhatter

    mhatter Regular Member

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    Let's not forget that feebay owned Paypal will freeze your account whenever they want and collect literally millions of dollars of interest on all of their frozen money.


    Abstroose
    Use the ebay calculator. Google: rolbe ebay calculator
     
    Last edited: Mar 15, 2011