eBay appears desperate for inventory - now you can drop off your unwanted goods at a local Fed Ex Office location, which will package them up and send them to one of two eBay Valets.
But do the numbers add up? With the eBay Valet program, the Valet deducts fees from the sale price:
- For items that sell for less than $50, the consumer gets 60%;
- For items between $50 to $200, the consumer gets 70%;
- And for items that sell for over $200, the consumer gets 80%.
And while the ultimate buyer pays the eBay Valet for shipping, someone - not the consignor - must pay the cost of getting the item to the Valet. Add that cost of having FedEx package and ship the item, and the margin is much slimmer.
FedEx has been offering the eBay Drop Off Centers
at locations in Atlanta and LA for some time - today, it announced it's expanding the "eBay Valet Drop-Off Program" to over 1,600 FedEx Office stores over the coming months.
At one time, eBay had a thriving program where everyday sellers could set up a consignment business. It killed the Trading Assistant program 3 years ago and replaced it first with the "eBay Selling Assistant" program and then the eBay Valet program, which now has only 2 members.
Interestingly, to become an eBay Valet, you must have the ability to list 100,000 listings each month, among other requirements.
Let us know what you think - could you make a profit given the consignment fees involved? Do you think eBay should support its "regular" consignment sellers?