I used to sell on Ebay, but stopped selling on Ebay over a year ago because of the constant fee hikes that eBay imposes on it’s seller (like eBay doesn’t make enough money). Over the Halloween season, I decided to give eBay another shot and have come to this conclusion: EBAY IS A TOTAL JOKE. It’s not even close to being worth selling on eBay and you can tell that there has been a major decline in quality sellers, since nearly everything on eBay is total crap (shipping straight out of Taiwan) or overpriced (because the sellers have to pass on the cost of doing business on eBay to the buyers).
Say you bought a book for $5 and want to sell it for $10 (standard retail markup is 100%). If you sell that book on eBay for $10, it’s going to cost you $2.25 in fees, plus the $5 it cost for the product, so you profit a whooping $2.75 for a $10 eBay sale. Ebay is taking nearly HALF of your profit!
Say you have a $15 shirt that you want to sell for $30 on eBay. That will cost you $4.54 in fees, leaving you with profit of $10.46 on a $30 sale.
Ebay hides their fees by making them difficult to understand and by making them variable. You can check out the current eBay fees here:
But, don’t forget about the Paypal fees too (Paypal is owned by eBay):
Also, eBay has decided that sellers can no longer participate in the feedback aspect of eBay. Sellers can not leave negative or neutral feedback for a buyer, no matter what. But buyers can leave negative or neutral feedback for a seller. Gee that seem fair?
Ebay is lame. I hope they go out of business soon.