eBay Announcement

[mithrandir2001]

Just got this email:

"At eBay, we're dedicated to providing you with the most dynamic marketplace we can. We invest a good deal in technology, marketing and customer support to help our buyers and sellers become more successful.

We are announcing a number of changes to the current eBay price structure. Effective Thursday, January 31, 2002 we are increasing Final Value Fees, adding a new Reserve Fee price point, charging a fee to use Buy It Now, increasing eBay Motors vehicle Insertion and Final Value Fees, and in late February, changing how we charge Final Value Fees for Dutch listings. Other Feature Fees and Insertion Fees, and fees for eBay Premier and Real Estate remain unchanged."

:|:|:|

But then again, eBay is the epitamy of capitalism. I'm currently selling a North Face Denali jacket that I bought for $128 5 years ago...I've worn it all since then and it's currently going for over $65 with 3 days left. So while eBay's fees are getting to be a PITA, where else are you going to go to find such great pricing for your old leftover stuff?

 

[Pastore]

what are Final Value Fees, and Reserve Fee price point?

 

[SiLEighTy]

Yes, i got that email also.

I guess theres going to be more threads in FS/FT forums.

 

[SiLEighTy]

<< eBay Announcement


--------------------------------------------------------------------------------


At eBay, we're dedicated to providing you with the most dynamic marketplace we can. We invest a good deal in technology, marketing and customer support to help our buyers and sellers become more successful.

We are announcing a number of changes to the current eBay price structure. Effective Thursday, January 31, 2002 we are increasing Final Value Fees, adding a new Reserve Fee price point, charging a fee to use Buy It Now, increasing eBay Motors vehicle Insertion and Final Value Fees, and in late February, changing how we charge Final Value Fees for Dutch listings. Other Feature Fees and Insertion Fees, and fees for eBay Premier and Real Estate remain unchanged.

eBay.com changes:

Final Value Fees
We are adding 0.25% to each Final Value Fee price point. Current New
$0.01 - $25.00
$25.01 - $1000.00
$1000.01 and up 5.00%
2.50%
1.25% 5.25%
2.75%
1.50%


Reserve Fee
We are adding a new price point for Reserve listings above $200. Current New
$0.01 - $24.99
$25.00 - $199.00
$200.00 and up $0.50
$1.00
$1.00 $0.50
$1.00
$2.00


Buy It Now Fee

A $0.05 Feature Fee will be charged for all auction-style items listed with the Buy It Now feature. The new fee will not apply to eBay Stores Buy It Now items.

Dutch Fee Impact

The standard Final Value Fee schedule will be applied to each item sold, not to the total dollar amount of the items sold. Thus, the Final Value Fee for each item sold will be identical to the standard eBay Final Value Fees outlined above.

eBay Motors Fee Impact (Only Passenger Vehicles and Other Vehicles)

eBay Motors is increasing Insertion and Final Value Fees for Passenger Vehicles and Other Vehicles from $25.00 to $40.00. In addition, a $0.50 feature fee will be charged for all Motorcycle auction items listed with the Buy It Now feature and a $1.00 feature fee will be charged for all Passenger Vehicles and Other Vehicles listed with the Buy It Now feature. eBay Motors Parts & Accessories fees remain identical to the new eBay.com fees.

eBay Stores Final Value Fee

Beginning in late February all fixed price eBay Stores items that are sold in multiple quantities to the same buyer will have Final Value Fees calculated on a per item basis. Final Value Fees for single item sales already are calculated on a per item basis.



We recognize that price increases directly impact our sellers, so we do not raise fees lightly or without considering the impact to our community. These increases will help us continue to build a vibrant marketplace by allowing us to invest heavily in technology, marketing and customer support, making it possible for millions of people to discover and use eBay.

More information is available at:
http://welcome.ebay.com/cgi-bin/gx.cgi/mcp?p=044Uhy044Uil51AHjH012000mWU58WU1O

Regards,
eBay

eBay Home
>>

 

[Logix]

This, right after eBay posts big jump in fourth-quarter sales .

Here's a news article on the fee increases.

:frown:

 

[Hammer]

I'm guessing Yahoo auctions in going to see a spike.

 

[4824guy]

Plus, at Yahoo Auctions the prices are alot less and you can post up to 3 pictures for free.

 

[dcb322]

I highly doubt yahoo auctions will see a spike as they suck anyway. they don't get the visibility or enough hits to warrant listing on them. the rich get richer and the po' get poorer