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"EBAY" Topic


12 Posts

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868 hits since 6 Apr 2021
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skipper John Supporting Member of TMP06 Apr 2021 6:39 a.m. PST

So, I sold an item on ebay for $15.00 USD, postage was $12 USD which was the actual cost. Total of $27.00 USD and I got this today from ebay;

"We sent a payout of $23.08 USD on Apr 06, 2021 to your bank account.
As a reminder, eBay now manages payments and payouts…"

WHAT?

Ebay seems to be making a killing! 25% off the top of the selling price??

I've not been selling on ebay lately and I was wondering why prices were so high. Now I know why! I don't think I'll ever again go back to that place.

45thdiv Supporting Member of TMP06 Apr 2021 7:29 a.m. PST

I wonder if Ebay will end up hurting itself in the long run. Why sell there when there may be other sites to use?

Personal logo PzGeneral Supporting Member of TMP06 Apr 2021 8:40 a.m. PST

YIPES!

I didn't realize that the fees are now so high….

Personal logo enfant perdus Supporting Member of TMP06 Apr 2021 9:33 a.m. PST

It's 14.5% off the total, including postage charges. Ebay has been taking final fees from postage charges for years and years now, which sucks. I understood it when it was originally a counter to people selling something for $1 USD and charging $99 USD to avoid fees, but eBay is now a massive tech company who surely have the ability to flag fraudulent shipping costs.

Also, eBay's shipping discounts are pretty damn good, typically 20% or better savings. And, since severing themselves from PayPal, you're not automatically getting socked for fees from both companies. Lastly, they process payments out quickly. I have it set to automatically kick out on a daily basis and it is almost always in my bank account in less than 24hrs.

I had given up on selling there but the combination of recent changes has made it a real earner for me the past few months.

Augustus06 Apr 2021 9:38 a.m. PST

Compared to what was earned before the Ebay managed pay system was forcibly implemented, the amounts are heavily in favor of Ebay.

Ebay shut the door on sellers; hardcore. Now, you still make money but the sales may not be what they used to be unless you up your costs to compensate for the massive fees.

Basha Felika06 Apr 2021 12:42 p.m. PST

Before the outrage starts, no-one is forcing you to sell on EBay, are they?

If you can find a ‘better' alternative (however you choose to define that), sell your stuff that way instead.

How about signing up as a Supporting Member and use the market place here instead?

TBeyer06 Apr 2021 2:26 p.m. PST

I have been selling wargaming stuff on ebay, TMP, Bartertown, Facebook, Noble Knight (they buy or offer store credit for rules and minis), local gaming stores, 2nd hand stores, etc. They all have advantages and disadvantages. For example you pay a fee on ebay but reach a wider audience and sometimes a bidding war drives up the price way more than you expected. You also let the market determine the price, rather than setting a sale price on TMP or other sites, get a dozen offers for it and realize you should have asked for a lot more! Bartertown and others have no fees, but also less 'commitment' from buyers (I figure about 40% of the offers I get on Bartertown will eventually back out when they realize they also have to pay medical bills, car repairs, etc.). I have had good luck on TMP but you have to factor in the supporting membership fee. Some sites are better for selling certain items than others, for example WHFB/AoS and WH40K sell well on Bartertown but not historical minis. If you are not sure, you can list a very small portion of an army on a few different sites, then see where it sells the best and put the rest of the army up there.

skipper John Supporting Member of TMP06 Apr 2021 2:59 p.m. PST

enfant perdus… you a stock holder of ebay or what?

Personal logo enfant perdus Supporting Member of TMP06 Apr 2021 7:02 p.m. PST

Probably, somewhere buried in one of my funds, but that's not my MO. Just laying out some facts.

To tag on from TBeyer, I prefer to sell gaming figures here on TMP, or at a convention. The ROI from an eBay sell is just not worth it. Collectable figures are a different matter, as DoubleG can tell you.
Scale modelling stuff, I sell on a Facebook group that has excellent moderators and a very active membership. British and Commonwealth militaria I generally sell on a dedicated forum, unless it's something that I know will earn more from a wider audience, i.e eBay. Non B&C militaria typically goes to eBay, again for a wider audience. Really good stuff, I tend to go with a professional auction house.

RudyNelson07 Apr 2021 4:50 p.m. PST

Stopped selling on eBay many years ago when they hiked fees. I stated with them in 1999. No longer a fan.

Londonplod08 Apr 2021 1:20 a.m. PST

I have had a few seller discounts on eBay recently, l sold about £300.00 GBP worth of 12" action figures before Christmas and paid £1.00 GBP in fees, now l tend to wait for similar offers before selling.
From my understanding, eBay selling fees are now 1% less than the old eBay/PayPal system, for the time being anyway.

General Kirchner08 Apr 2021 9:17 a.m. PST

I just sold some things on eBay and was surprised how much it feels like its gone up the last couple of years. Is my own fault for not checking first, but I wish I had raised the price on some items before I listed them.

still, I was able to find a buyer relatively quickly. I will just have to make sure I add it into the factor to ensure I make off of it what I wanted..

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