Yahoo! Stops Charging Auction Fees

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Gilby

Senior member
May 12, 2001
753
0
76
Originally posted by: HBMaGneT

That is because the Japanese people are not like the American people. Look around us, everyday someone is trying to get rich quick, and wouldn't know how to make an honest buck if their life depended on it. The children on America needs to be taught some old school values.

Getting rich quick is old school american values.

 

cmv

Diamond Member
Oct 10, 1999
3,490
0
76
Originally posted by: gwynethgh
Yahoo Auctions seems to have a worse rep for scammers with little or no action by Yahoo itself to correct the problem.

And this is just going to make it worse! Argh...
 

cmv

Diamond Member
Oct 10, 1999
3,490
0
76
Originally posted by: BadThad
IMO, as a seller, eBay is rip-off. I wish they'd only charge fees if you sold, but they don't. I've listed stuff on there, paid eBay, and never sold....BAH to them. I hope Yahoo and can make something of this.

People would be listing day old underwear and other stuff that most people wouldn't want to buy if they didn't have to pay for the priviledge to list. I think they charge too much but free would suck.
 

C'DaleRider

Guest
Jan 13, 2000
3,048
0
0
Originally posted by: HBMaGneT
Originally posted by: dc
Originally posted by: weepul
i wonder if this is only in amercia. in japan yahoo auctions beats ebay by at least 20x, so they don't need to worry about competition over there.

//krunk (^_^x)

yeah, in japan yahoo auctions are king. ebay japan doesn't even exist anymore. lol

That is because the Japanese people are not like the American people. Look around us, everyday someone is trying to get rich quick, and wouldn't know how to make an honest buck if their life depended on it. The children on America needs to be taught some old school values. -my two cents

EBay charges heavily to use there service, but I will pay it so I don't get scammed by a seller. The more EBay charges the sellers the higher people put there shipping cost. That is how business works. In the end Ebay will not be cheaper then regular online deals, so buyers will look elsewhere. Heck I see people pay more then retail on used Ebay items, but that is okay by me.. but you won't catch me doing that. 90% max for new and 50%max for used else I don't bother. Except specialty items not found anywhere.



How heavily does ebay really charge?

Insertion fees by starting bid or reserve set:

Starting price or
reserve set Fee
$0.01 ? $0.99 $0.25
$1.00 ? $9.99 $0.35
$10.00 ? $24.99 $0.60
$25.00 ? $49.99 $1.20
$50.00 ? $199.99 $2.40
$200.00 ? $499.99 $3.60
$500.00 or more $4.80


The Final Value Fee is where you may get slammed if you sell very expensive stuff:

Not sold....no final value fee, so you only pay the insertion fee
Up to $25 final selling price.............5.25% of the closing value (up to $1.31)

$25.01-$1,000 final selling price......5.25% of the initial $25.00 ($1.31), plus 2.75% of the remaining closing value balance ($25.01 to $1,000.00)

Over $1,000................5.25% of the initial $25.00 ($1.31), plus 2.75% of the initial $25.00 - $1,000.00 ($26.81), plus 1.50% of the remaining closing value balance ($1,000.01 - closing value)


So I really don't see how ebay charges so heavily......you can list an auction for .25 with one free photo. If it doesn't sell, you spent a quarter. Put a reserve and you pay more. If it sells, you owe a few bucks, but you also have a sliding scale......at most you pay $26.32 final fee for an item that sells for exactly $1,000. I'd gladly pay $26 to have the access to a site that'd let me move an item for $1,000 quickly.

If you think ebay is heavy, try a true live auction. The buyers get hit with a typical buyer's premium of 10% above their winning bid.....yes, the buyers pay a premium. The sellers pay typically 20%-25% of their items winning bids to the auctioneer. Yes, the seller loses at least 20% of his income from the bidding to the auctioneer.....and 25% is much more typical.

Ebay is cheap!!! Most auctions I list cost me .35 and I usually use my website to host my own pictures so I just use their one free pic from them, it's free after all, then link to any other pics I want buyers to see......and that costs nothing.

The extras are high, though. Gallery pics are a buck, bolding your listing is a buck, supersizing, picture pack, highlighting your ad, all extra.

But a basic auction can be had for a quarter.....so please don't bleat the ebay is so expensive to list crap, because it is crap.

And ebay HAS NOT INCREASED ITS FEES FOR PRIVATE SELLERS IN YEARS!!!! Their insertion fees have been stable for the last 2-3 years.
 

pxc

Platinum Member
May 2, 2002
2,001
0
0
Fixed price listings (normal 1-10 day listing) fees on ebay are ridiculous, especially if you accept paypal (premier to accept credit card payments).

Say you list a $25 fixed price auction with a gallery image and $4 shipping. The fees are:
$1.20 insertion fee + $0.35 galley fee + $1.31 FVF + $1.14 paypal fees = $4.00!!! That's 16% of the value in fees. More typically for mid-priced items, the gouging is around 8-11% of the value. Who knew bandwidth was so expensive. :roll:
 

jedidrw

Senior member
Jan 3, 2002
922
0
0
Not to mention that eBay owns Paypal, thats another 3%-4% if you take credit card payments. I calculated that every auction I get charged at least 10%-15% in fees.

I will still use eBay for most of my stuff, if it doesnt sell, or I know the value I will just post it up for that price at Yahoo Auctions.
 
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