Getting your head around the new eBay UK store fees

Hello again everyone and welcome to my latest newsletter.

I`ve had a very busy week trying to get everything ready for the Auction
SOS! launch this coming Tuesday – August 1st 2006, I even managed to add
a neat little countdown timer to the page which I think looks very good!

Whilst I was beavering away with my Auction SOS! tasks I also received an email
that I`m sure a lot of you also received, it was about the new eBay store fee`s.
As some of you may already know, number crunching is a weak point of mine, so
these new fee structures may have well been written in Chinese for me! So I
have decided to work out – in simple terms this will do to our eBay fee`s. Here
we go –

The dreaded new eBay store fees 🙁

Last week I (like many of you) received a nice email from my good friends over
at the bay! This week my good friends informed me of some impending fee “restructuring”
that will effect eBay store/shop listings. If you didn`t get the email you can
read it here:

http://pages.ebay.co.uk/sell/importantinfo/

Looking through the new fee`s that will be implemented on August 21st you may
not think it looks all that bad, lets face it, 7p a month for a GTC (good til
cancelled) listing isn`t going to bankrupt any of us. HOWEVER what I feel is
most worrying is this section:

– – – – / / / – – – –
Auction SOS! is set to launch this Tuesday, I have opened up the free affiliate
program with a VERY special offer for my affiliates. Access the secret page
by clicking here,
but dont tell anyone!
You can also view a spy video by scrolling down the page, make sure you finish
reading the article first though 😉
– – – – / / / – – – –

As you may know I sell a couple of fairly high priced items from my eBay store
– these items sell for £44.99 and £39.99 respectivly. lets compare
the fee`s I will be paying before and after the changes: (Thanks to Paula Breet
for doing the maths!)

Old prices
@ £39.99

Insertion fee GTC – £0.03
total £0.03
FVF – 6.75% of first 29.99 = £2.02 plus 3.75%
of remaining (£10) = £0.37
total £2.39

New Prices from 21st Aug
@ £39.99
Insertion fee GTC – £0.07
FVF – 10% of first £4.99 = £0.49 plus
8% of initial £5.00 – £9.99 (£4.99) = £0.39
plus 6% of remaining (£30.00) = £1.80
total £2.75

Old prices
@ £49.99

Insertion fee GTC – £0.03
total £0.03
FVF – £2.02 plus £0.75
total £2.77

New Prices from 1st Aug
@ £49.99
Insertion fee GTC – £0.07
FVF – £0.49 plus £0.39
plus £2.40
total £3.28

Confused? I know I am! But hopefully those numbers will help you figure out
how these changes will effect your monthly eBay bill.

Why have eBay decided upon these changes??

For the reason eBay do most things, I decided to make an illustration to get
my point across 😉

Is there anything we can do about this? Probably not, there is a planned eBay
boycott on the official eBay discussion forums but I can`t see the big E changing
their minds, money talks!

http://forums.ebay.co.uk/thread.jspa?threadID=1200020686&tstart=0&mod=1153412518097

http://forums.ebay.co.uk/thread.jspa?threadID=1100015296&tstart=0&mod=1153412454231

Another alternative is to list on the american eBay.com, at the time of writing
the fee`s are not as high so you could list on ebay.com instead of ebay.co.uk,
no doubt the fee changes will be implemented there soon but for the time being
it may be worth trying that method.

Thanks for reading, I hope that I simplified the fee`s for you somewhat. If
you have any questions or comments then as always leave me a comment!

Keep an eye out for my email on Tuesday as Auction SOS! will finally be available
for you to purchase, and I have a few surprises in store for you early adopters
😉

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Comments

One Response to “Getting your head around the new eBay UK store fees”

1. Paula says:

   Thursday, 27 July 2006 at 4:36 pm

   I have always listed my shop items from the US site, which was cheaper but still got them shown worldwide. Annoyingly, though, they are putting their shop fees up too!!!!!

   I love your £bay banner, Dan, very apt. It was only a few months ago that eBay informed everyone that shop items would now be shown in normal member searches. Obviously everyone thought, great, and started loading up their shop inventory and, presumably, selling more from their shops, clocking up cheaper FVFs. It seems that eBay shot themselves in the foot there and have done an about turn. As well as the increased fees, shop items will no longer be shown in eBay searches again!!!!! Grrrrrrr!