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eBay Cans Listing Fees

Gordon Kelly

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eBay Cans Listing Fees

eBay, the World's favourite place to get scammed, hasn't been having the best of times in recent years. So it has come up with a fairly logical way to get punters back through the door and posting their unwanted items to Nigerian fraudsters in no time...

Doing the wholly sensible thing, the site has dropped listing fees. This works out as:

  • No Insertion Fees for Auction-style listings when you list your item with a start price under $1—up to 100 listings per month. Pay only if your item sells

  • Reduced low Insertion Fees when you list your item with a start price of $1 or more

  • One easy Final Value Fee of 9% of the winning bid - and never more than $50 - regardless of your start price or final selling price

  • 50¢ Insertion Fee for Fixed Price with Final Value Fees for the most part staying the same
The full breakdown can be seen in the image above and the new fees will go live from 30 March. "Our customers have consistently told us, `We love free and we love simple,' and that's what we think these changes are about," said president of eBay Marketplaces, Lorrie Norrington.

Will this move help restore confidence in the monstrous auction site? It's a start, though I can't help but think cracking down on the rampant acts of fraud would be far more productive and if it is looking for tips, here are some to mull over:

  • Allow sellers to block bids from buyers with zero feedback or profiles created within the last month

  • Restrict sellers to items of a value under $100 until positive feedback reaches a specific level

  • Forbid new users to bid on items in excess of $100 until positive feedback reaches a specific level

  • Insist registered users verify their home addresses

  • Offer limited (credit card style) compensation to buyers and sellers in clear cut cases of fraud

  • Lock buyers to a specific Paypal account, automatically warn sellers if the two don't match up

  • Fence all buyer/seller communication inside the eBay site

  • Provide a service to attach police crime numbers to disputed sales
Any others you can think of? (Besides 'don't use the site' - very droll).

Link:

via eBay Official Announcement

ffrankmccaffery

January 28, 2010, 6:55 pm

I'm also dreaming of such rules as yourself Gordon but until this company faces any meaningful form of competition from rival auction sites it won't bother.

xbrumster

January 28, 2010, 6:57 pm

10% final value fee is a rip off..

Williamn

January 28, 2010, 7:02 pm

1. I have used ebay for 250+ purchases over the last 4 years, and in that entire time, the amount I have lost? Less than £4. Out of about 3 grand.





2. Since when did we start using the US dollar?

Gordon394

January 28, 2010, 7:15 pm

@xbrumster - for what it's worth, it's 9%


@Williamn - since eBay has yet to release the UK/European pricing and we can't rely on a straight dollar/pound conversion

lifethroughalens

January 28, 2010, 7:17 pm

Any others you can think of? (Besides 'don't use the site' - very droll).





C'est drôle, je croix :)

Stewart Clark

January 28, 2010, 7:26 pm

So where does TR dispose of its unwanted review items?

Paul W

January 28, 2010, 7:46 pm

The opening paragraph was perhaps a tad harsh. I've bought and sold over 200 items on Ebay, and only had one bad experience, and even then I was able to reclaim my listing fee for that auction.





Can't say I'm too surprised by the new listing prices though - they've already started down this path. As always it was better in my day, when I first started selling in 2002, and only about eight people used eBay, or even knew about it.

Gordon394

January 28, 2010, 7:53 pm

@Stewart to angels and puppies

Steve

January 28, 2010, 8:14 pm

Gave up using eBay ages ago. It's ok if you are selling cheap stuff but trying to sell old laptops is a nightmare due to the scammers etc.

Mo

January 29, 2010, 12:33 am

Trying to sell valuable items on ebay is a nightmare! Gave it a shot and never went back. Good for those who still use it though.

Paul W

January 29, 2010, 3:25 am

My personal Ebay bug-bears: People asking for European delivery even though you have specified UK addresses only. And buyers asking for buy-it-now and offering a minuscule amount, even though you're having a seven day auction, and know the real value is much, much higher. Phew, glad to get that off my chest...

Will

January 29, 2010, 5:27 am

i havent been on in a couple of months...but dont we already have no listing fees for anything up to 99p? we certainlny did before november

Ataripower

January 29, 2010, 6:42 am

Cant understand what the problem is with Ebay?? I have been buying and selling in a personal capacity to satisfy my gadget fetish since March 2000 and completed nearly 600 sucessful transactions, the most valuable being £1,300 and never had any major problems. Just use your heads, a little common sense and the existing safeguards and you should be fine.....and no i dont work for Ebay..

Simon Heather

January 29, 2010, 3:32 pm

eBay UK already offers free listings for auction format with a start price under a quid. The article is of no relevance to the UK.

chrism 1

January 29, 2010, 6:55 pm

Being forced to do things like offer free postage on items and accept Paypal payments on listings just rub me the wrong way, and my experience as a seller has put me off using the site as a buyer just out of principle.

Jones

January 29, 2010, 6:56 pm

I hate eBay with a passion. Its a complete pain in the hoop. I have recently sold two things via ebay: a Yamaha FS1r (rare and excellent synth) and a Fatman iTube Carbon MK1. Trying to get postage via eBay was a joke (they didnt allow me to specify postage for the iTube) and I probably lost the equivalent of a quarter of the winning bid in fees for the FS1r when it sold.





As Mo said, selling valuable items is a nightmare. What you get out of sales is akin to what you get from the trade in value of a car - about 75% of the private sale worh.

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