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Tue Jan 26 2010 08:14:29

eBay Announces Fee Changes, Will Eliminate Store Format

By: Ina Steiner

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As anticipated, eBay will eliminate its Store Inventory format and has introduced a new pricing structure effective March 30, 2010. There will be one Fixed Price format on eBay - listings in the current Stores Inventory Format will automatically become regular Fixed Price listings with the same duration and appear with all other Fixed Price listings in eBay search results.

eBay will also extend the multi-variation listing feature to more categories - this allows sellers to list multiple variations of a product, including color and size, in one listing.

Sellers may no longer use the PowerSeller icon or references to the PowerSeller designation in listing templates, listing descriptions, About Me pages, or Stores pages.

Some initial thoughts:
With the new eBay Stores pricing, it's much more expensive to list in Stores format for low-volume sellers - you pay the same $15.95/month subscription fee, but rather than paying as low as 3 cents to list, you must pay a 20-cent insertion fee. However, your listings appear in Core search results.

An option would be to pay a higher monthly subscription fee - almost $50, and get insertion fees of 5 cents. eBay says this works for sellers who list over 250 items per month.

A lot of news to digest here, let's hear your comments!

Fee Changes
- 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.

- New 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-cent Insertion Fee for Fixed Price with Final Value Fees for the most part staying the same.



eBay will also introduce new fees for its Stores.
BASIC: 20¢ Fixed Price Insertion Fees, $15.95/month - Consider a Basic Store if you list more than 50 Fixed Price or Auction-style items a month. It's a great starter package if you plan to start an eBay business or ramp up your selling.

PREMIUM: 5¢ Fixed Price Insertion Fees, $49.95/month - Great choice for higher volume sellers (more than 250 items per month) and sellers listing in both Auction-style and Fixed Price formats.

ANCHOR: 3¢ Fixed Price Insertion Fees, $299.95/month - Get the same great deal as the old Store Inventory format-now with full exposure in search results! With an Anchor Store subscription, higher volume sellers get top savings and the lowest package rates on eBay.



NOTE: Starting in March, meeting the new minimum performance standard for all sellers will be a requirement for Premium and Anchor subscribers. ("Above Standard.")



- Insertion Fees as low as 3¢ for Fixed Price listings with full exposure in search results

- Fixed Price Final Value Fees for the most part staying the same

- New low Auction-style Insertion Fees

- Auction-style Final Value Fees significantly reduced over the new standard rate

- FREE pictures—up to 12 per listing

- FREE Selling Manager Pro with Premium and Anchor subscriptions
 
- Plus all the other great marketing tools you get with an eBay Stores subscription, including your own customizable store front and Markdown Manager.



New PowerSeller discounts and seller requirements coming in mid-April - the new PowerSeller requirements (originally announced in July 2009) will be in effect for all PowerSellers, not just Top-rated sellers. And with the new PowerSeller discount schedule (also announced in July), only eBay Top-rated sellers will receive 20% fee discounts. All other PowerSellers will receive 5% discounts. PowerSellers will see this change reflected on their statements starting May 1, 2010.

Here's a link to eBay's overview page.
 

Comments (389) | Leave Comment | Permalink
Readers Comments

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: wagondoc

Sat Apr 24 00:48:46 2010

Just remember there is always facebook now and the other freebie sites! The new ebay is very disappointing, but like it really matters coming from the little guy!!!

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: snakepccomp

Tue Apr 27 00:57:02 2010

Hello
With increasing the final value fees They do not give me a good reason to keep EBAY account anymore.
Last month for sold item (250605276027)$293.00 they charge me 11.57
This month for sold item (260582878416)$295.00 They charge me 26.55!!!!! 100% MORE!!!!!!!!! PLUS PAYPAL FESS
THEY ARE CRAZY REALLY CRAZY!!!!!!!!!!!!!!
I THINK SOMEONE WANT TO DESTROY A EBAY COMPANY!
Sorry guys but It's definitively too much for me and for thousand sellers like me on the EBAY.

YOU SEE HOW MANY PEOPLE STOP SELLING STUFF ON THE EBAY BECAUSE NOBODY GONNA PAID THIS MUCH.
FOR ME IS A LAST MONTH ON THE EBAY.
SORRY GUYS.

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: Moses

Wed Apr 28 13:36:06 2010

Sold an item for $580 + $40 shipping (international sell) yesterday. I was charge $50 final fee and $24.28 Paypal fee. Goodbye ebay!

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: holo

Thu Apr 29 10:45:46 2010

My Ebay store has been closed. My fees to Ebay used to be around $500/month. This month $89. Ever since April Fool's Day, my business has been off 80% and now 90%. I sold only 1 fixed price item out of 400 these 4 weeks. The only reason I stay on with Ebay is to use auction format for low price items. Does Ebay wish everyone make $100/month only? They allow free listing 100 items a month, with auction price $.99 or less. I will establish my business somewhere else.

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: LastGirl

Thu Apr 29 20:32:12 2010

Ebay wishes to rid the site of the casual, mom and pop seller in favor of the high-volume seller who sells inferior and counterfeit products from China.

Ebay used to be a collector's paradise. So many people have found unique items that they have been searching every yard sale for. Now those people have to find another place to fulfill their urge to buy hard to find items.

Major newspapers need to know how stupidly the once mighty ebay is now being run so they can witness its implosion.

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: Daniel

Fri May 7 21:04:02 2010

Glad I found this blog to share comments about new Ebay fees. I am really worried, I am a low volume seller who lists an average 50-100 listings per month, and cashes an average $300-400 a month, not more, and have success in selling not more than 30 % of the listings I publish. I had signed up for a basic store and was paying $15.99 fixed fee a month and $ 0.03 or 0.04 for each store format listings, and I was happy with that because I drove my own bidders traffic to my store by announcing ''be sure to check my other items in my store'' and never needed to pay more for full exposure.  Now I have to pay $15.95 but the insertion fee is 4 times more expensive ( $0.20 ) so having a store in my case is far more costly than before. I decided to close my store and list the old way. This increase in fees only benefits power sellers not sellers like me! Do you know any other auction site on the web that could be cheaper for a low level seller like me ? Yahoo ? Thanks in advance!

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: Nicke

Sat May 29 14:11:00 2010

What ebay doesn't understand is that it's a supermarket. I used to be in sales for 30 years and I know they haven't got a clue.If you don't have what the buyer wants they will go somewhere else. If you over charge your vendors they will leave and find another way. Ebay looks at that big number the large sellers bring in but if you ad up the lost sales as a whole that ALL sellers bring in they fail as a store. Example: Wow cheap price for those sneakers. Wow cheaper price for what I want at this other site! Hey Paypal too! Slowly but surely this is what will happen and has for a long time. If you do the right thing you can make it on your own site. I learned one thing when I was in retail, two stores are better than one even if they are across the street from each other.

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: Gina Plumber

Fri Sep 24 07:01:29 2010

This just might persuade me to sell some of the crap I have stored in my house on eBay. http://croydon.able-plumbing.co.uk

Perminate Link for eBay Announces Fee Changes, Will Eliminate Store Format   eBay Announces Fee Changes, Will Eliminate Store Format

by: Brenda

Wed Apr 6 09:42:29 2011

This is going to hurt small people like me who occasionally list things from around their house.  I don't have a store.  I just want to sell excess items we no longer need.  Now even though I can list it for free, ebay is going to take their fee based on my shipping cost.  I can't control shipping costs--the post office charges what it charges and I can't do anything about that.  So it will cost me a lot more money to sell something.  What a rip off.  It's a shame to see a site that used to be for the common person like me turn into just another place for big business and rich people.

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