|Wed Mar 16 2011 08:05:31|
eBay UK Hikes Fees for Clothing Sellers in Spring Seller Release
By: Ina Steiner
Business sellers in the UK who sell clothing will get a shock later today when eBay UK announces its Spring Update. Final Value Fees (FVF) for Clothing, Shoes & Accessories had been a tiered pricing schedule, beginning at 8.75% and decreasing to 5.25% down to 1.5%, as the selling price increased. But beginning in May, business sellers will pay a flat 12% FVF in the Clothing Shoes & Accessories category.
But good news for large merchants with Stores: it's free for Anchor Stores to list Fixed-Price format (Anchor Stores pay a flat 349.99-pound per month subscription fee).
Insertion fees for Basic store owners will decrease from 20 pence to 10 pence, and insertion fees for Featured Stores will remain at 5 pence.
eBay is moving to a flat Final Value Fee rather than a tiered system across all categories, for both auction and fixed-price formats. "Whether you choose to sell in auction-style or fixed price, your final value fee will be a flat percentage of the final selling price, which varies depending on the category you sell in."
Clothing, Shoes & Accessories 12%
All Other Categories* 10%
See all the details about new fees on eBay UK.
In addition to fee changes for business sellers, eBay UK will retire the fee discount currently given to Above Standard PowerSellers - eBay Top-rated sellers will continue to get up to 30% discount on final value fees.
eBay UK will also announce that the new shopping basket is arriving in spring 2011. Item specific details will be required for new listings in Fashion from May, and duplicate fixed price listings will be automatically ended. It also lists the new global performance standards on this page.
See all the details on the eBay UK Seller Update page.
eBay.com made its Spring Seller Update announcement on Tuesday, and eBay Australia changes are found here.