Originally posted by Suthrnjewl:
Footnote: Items priced 25.00 and up are great for a store. Anything less and you're best to not use the store..the fee's will kill ya.
You can close a store anytime you want. Ebay charges from month to month, there is no commitment. If you close your store at six weeks, you'll receive a two week credit.
If you use a store, use everything you've got to get your products noticed.
Best of luck,
Here is the new eBay Store fee schedule below.
Starting or Reserve Price 30 days Good 'Til Cancelled*
US$0.01-US$24.99 US$0.05 US$0.05 / 30 days
US$25.00- and above US$0.10 US$0.10 / 30 days
*Good 'Til Cancelled listings will be charged the relevant fees every 30 days.
Note:The Insertion Fee covers a single listing(with any quantity of items in the listing), whether you list 1 or 1, 000 of the same item. For example, you have a listing with 10 items for $5.00 each. The Starting Price for the listing is $5.00. The Insertion Fee for this listing would be $0.05 per 30 days regardless of the item quantity of this listing.
Final Value Fees
Closing Price Final Value Fee
Item not sold No Fee
US$0.01 – US$25.00 10.00% of the closing price
US$25.01 – US$1,000.00 10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the remaining closing value balance
US$100.01 – US$1,000.00 10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the initial US$25.01 – US$1,000.00 (US$5.25),plus 5.00% of the remaining closing value balance US$100.01 – US$1,000.00
Over US$1,000.01 10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the initial US$25.01 – US$1,000.00 (US$5.25),plus 5.00% of the initial US$100.01 – US$1,000.00,plus 3.00% of the remaining closing value balance(US$1,000.01-closing value)
I'm not sure I agree that listing items under $25.00 is a bad thing. I think it all depends on what you're paying for your inventory. If you're paying $5.00 to sell a $10.00 item, then that's not a great deal. As for me (I'm fortunate), I purchase all of my merchandise for under a dollar each. So, to list an item for let's say $15.00 is still a good deal for me. If the item sits in the store for an entire year at .05 per month that's .60 cents. If it sells, that's $1.50. It could sit in the store a year and sell on the 364th day for a total of $2.10 in fees. If I listed the same item in 'auction style' format and it failed 2 times that would be a fee of $1.90. A difference of .30 cents. I think the eBay Store fees are hitting the sellers who sell higher priced inventory worse. They're stealing a lot from higher priced sellers. It's unreal.
A $50 item is going to cost $1.20 for 12 months and $5.00 once sold. For a total of $6.20. I guess, that's not too bad IF you're purchasing the inventory LOW, to sell high. However, if a seller paid $20 to sell a $50 item that cost them a total of $26.20 (excluding PP fees), that's too much invested. At this point, they'd have almost $30 invested to make $20.
At this point, larger eBay Store sellers need to begin to wean themselves off of eBay. Sellers really need to invest their time, energy and focus on creating and maintaining their own websites. An eBay seller could potentially pay hundreds and possibly thousands in eBay Store fees. An eBay seller can have an off eBay website with all the bells and whistles. You can legally incorporate aspects of this off eBay website into your listings and About Me page. It really is A LOT of work. However, it is what's required.
I want to create a Citymax website this year. A lot of work and not much time. Sigh.....
Okay, enough of my 2, 4, 6 cents.