eBay raises sales fees

Published by Rebecca Rutt on 23 June 2011.
Last updated on 23 June 2011

hand grabbing coins

Changes in the fee structure at eBay will see thousands of sellers forking out more money to list their items.

Private users will have to pay a flat 10% fee for any listing, excluding mobile phones, vehicles and property, sold under the website's 'Buy it Now' (fixed price) option.

Previously, sellers paid a variable charge for the fixed price option, whereas those selling through the auction had to pay a flat fee.

The fee increases will come into force on 21 July but small to medium sized businesses and entrepreneurs using the site will be exempt from the increasing fees.

Some fees may fall

Although for the majority of items charges will go up, for some categories there may be a fall in the fees and the rate will be capped at £40 per transaction.

Currently, each category has a different price which changes depending on how much the item sells for.

For example fees for selling a 'technology-related' product of £30-99 are 5.25%, a 'media-related' item will result in fees of 9% and in all other categories something sold for £50 – 599.99 will cost you £37.40 plus extra if it sells for more than £600.

A spokesperson from the website said the changes have been made to make the selling process more transparent.

"This will make working out the cost of selling on eBay much simpler across the board, and still very competitive compared with other marketplaces."

 

 

More About

Leave a comment