eBay gets greedy - Large fee increases scheduled across the board

I do a fair amount of eBay selling and in listing my items (mostly shoes) only about one out of three auctions results in a sale and I sell about 12 items a week. If unsold I then have to relist the item, up to 2-3 times and/or give up on it as unsalable. In relisting unsold items I usually adust the price in doing this to just cover my costs to get rid of the items.

While some are more, and some are less, most of the items I sell go (on average) for 12 - 18 and the overall eBay fees have been mounting up lately.

eBay likes to charge out the wazoo for little add on features that assist the items in selling. Given the overall eBay costs to sell and individual items, in the end I’m paying around 20-25% of the cost of each item I sucessfully sell, just to list and sell the item. I was about to get out doing this as a hobby/business as the income it generates after costs isn’t really worth my time or the clutter involved in acquiring, preparing, listing, shipping and managing these items.

So what do I see this morning? An email informing me of huge 20% - 30 % increases in almost every listing and sale tool category across the board. eBay has always had a lot of little tricks loaded into its structure to generate maximum fees, and make the process of getting credit on non-paying auctions onerous so people just don’t pursue it for smaller items, but there comes a point where a company gets so greedy it starts eating the golden goose. It was pretty iffy before, but this shit is just abusive of the small seller. Once my current inventory is out I think I’m done as a regular seller.

eBay.com / eBay Motors Fee Changes

Yeah, it’s pretty nasty…I got the same e-mail today and thought “Wha…”

Is their business model not successful enough already? Are they planning some major staffing so they can crack down on a lot of the worthless crap auctions that crowd out the legitimate ones? I mean, eBay as a service has actually LOST value in the past year or so, what with all the major auction spammers and crap you have to wade through just to find someone who isn’t going to charge you 25 bucks to ship you something that can be shipped for about 5.

It’s ludicrous. I have a printer to unload, and once I get rid of it (before the fee hike) I am sure to try to avoid selling there in the future.

Did they raise even of the fees for a normal person who just does a regular auction? It doesn’t look like, more like they’re targeting people who are doing it as a business.

Don’t forget the PayPal (if you use it) charges that get tacked on to the selling charges. And ebay owns PayPal. I recently sold a gold coin for $482. Selling fees plus PayPal fees ended up at about $26!

But as a stockholder of ebay, I can’t complain about their business model. They’re making fortunes for themselves and those who buy their stock.

I just read that same e-mail and the E-bay store charges are going up 50%!!, I will be closing my E-bay store as the new charges will eat up a large portion of my profits (and I’ve never really made any money, it was more of a “Hobby that paid”).

Unclviny