Don't be fooled. eBay has done it again and has given themselves a HUGE increase in fees disguised as a decrease. Oh yes, insertion fees went down, and Gallery is now free, but Final Value Fees have gone WAY up to compensate for the "lowering" of the other values. If you sell items that average $10 - $50 in final value, you are looking at huge increases in selling fees.
Want some examples? These are taken from my autions:
Listed item @ 9.99, sold for 9.99, fees 92 cents. With New fees $1.22, 33% increase
Listed item @ 9.99, sold for 31.00, fees 1.91. With New fees $2.75, 44% increase
Listed item @ 9.99, sold for 20.74, fees 1.49. With New fees $2.16, 45% increase
Listed item @ 9.99, sold for 50.00, fees $2.53. With New fees $3.41, 35% increase
Oh, and it gets BETTER.
Sellers will no longer be able to leave NEGATIVE or NEUTRAL feedback for buyers. According to eBay it "ruins the buying experience by making buyers afraid."
Also, if you are a Power Seller, you can get 5% or 15% discounts on your final value fees based on your star ratings. Combined star ratings of 4.6 get you a 5% discount, 4.8 or better gets you a 15% discount.
Goodbye Meg Whitman. As the WHO once said in a song. "Here comes the new boss, same as the old boss". This company has gone absolutely mad. They're the same greedy SOBs they've always been.
Read all about it here:
About commission fees discounts for Power Sellers: