|Tue Jan 1 2013 20:48:21|
Would You Take eBay Credit in Exchange for Lower Fees?
By: Ina Steiner
eBay has been polling sellers to see if they would be receptive to accepting credit for transactions instead of cash - in exchange for paying lower (or no) fees.
The model is not unheard of. For instance, Coinstar has a "coin to card" program in which users can receive ecertificates or gift cards at Amazon.com, retailers, restaurants, movie theaters and grocery stores. Where Coinstar charges a fee for its coin counting service, users who opt for the gift cards pay no fees.
Said an eBay seller who received a survey, the thrust of the research was, "how would you feel about taking a credit instead of cash for the things you sell on eBay....Sell an item for $100 and get cash of $91...or eBay credit for $100."
While it could be something casual sellers might be interested in, it's hard to see how such a program could work on a large scale unless subsidized by eBay's retail partners or advertisers. Nor does it seem likely business sellers would want their revenue tied up in eBay credit.
Under what circumstances could eBay offer this type of program? And would you take eBay up on such an offer?