Email a copy of 'eBay Accounting Change Highlights Shipping Profits' to a friend
E-Mail 'eBay Accounting Change Highlights Shipping Profits' To A Friend
Email a copy of 'eBay Accounting Change Highlights Shipping Profits' to a friend
Comments are closed.
A long time ago eBay would tell its sellers…”Don’t profit on shipping”. However, since they started charging FVF on shipping, that chatter completely stopped!! And also, since they started charging FVF on shipping, take a wild guess as to what they are doing…profiting on shipping, and now this!!! Talk about “Rules for thee, but not for me”!!!
eBay CEO Jamie Iannone also spoke during Monday morning’s Morgan Stanley presentation, and he told attendees that his “Tech Led Reimagination” was working.
My sales this year are over 30% down (with jan-sept being always busy in car parts). Last week or slighly over sales dropped by 60%. Tech reimagination with glitch after glitch causing site to be non fuctional producing sales every couple of days. Tech reimagination making it hard to list , edit and sell. Maybe it is intentional. Maybe sales are reserved to some and meant to eliminate others. Ebay couldn’t be at its worst.
The “original sin” of course was eBay giving itself permission to charge a FVF on something it had nothing to do with aka shipping.
It then of course migrated to things like FVF on taxes.
eBay is the master at tricky accounting (read shady), and no one says a word.
eBay is the master at identifying where their sellers/vendors may have a slight edge, discovering how they can best regulate it for the “benefit” of the buyer. All while simultaneously repackaging the same and offering back to sellers as an “up charge” for an additional service..
That’s great jamie, really super. Super!