Originally Posted by
corvettes4me1953
I got so frustrated the other day when I read about somebody talking about high shipping costs on an item he was looking to buy on eBay. It seems that those who are 100% buyers just have no idea the effort, time, and costs that go into selling online. My response to this person's blog entry is as follows:
It is getting much harder for people to make any kind of money on eBay with recent fee increases. eBay now takes 9% of both the selling price and shipping price on an auction final value fee. That’s right, if you sell a $10.00 item and charge the actual $5.00 to ship it, eBay gets 9% of $15.00. Then, Paypal (which is owned by eBay) takes 2.9% + $.30 of the total payment which in this case is the $15.00. So all total, if you take advantage of the 50 free auctions listings per calendar month that eBay gives you (meaning their is no fee to list the item and only a final value fee) you end keeping $7.91 out of the $10.00 sale. Furthermore, that $7.91 still does not reflect: the cost to obtain the item, the time to list the item, the time to answer questions, the time to promote one's items on social media (if applicable), the time/costs of packing, the time/gas costs to bring the item to the Post Office, time to handle complaints if any, and income taxes which even in a low tax bracket in NJ is 15% on the $7.91. This might all sound a little long winded but, eBay is really sucking the wind out of many peoples’ sails and I am one of them.
The above entry is slightly edited from the original version to add some things I forgot to include the first time around but, I think all can concur with the points I made. I do not usually write responses such as the one above but, I had to put things into perspective for him. As a seller I try to list, promote, and sell items which the buyer's market is looking for at a price that works for both the buyer and the I. In today's environment, while trying to maintain costs, profits, and buyer's satisfaction, I am so happy to have found eBid whose fee structure is so much more palatable for a small seller like myself. Thanks all.