eBay Works to Correct Unhealthy Market Dynamics

[gmarguli]

That's eBay speak for they're raising their fees yet again.

 

Insertion fees ($1.00 - $9.99) going up from $.35 to $.40 and Final Value Fees ($25.01 - $1000.00) going up from 3% to 3.25%.

 

My Prediction: In July they will lower the insertion fee back to $.35 and then raise a dozen other fees.

[coinman1794]

Hmmm, sounds about right. Isn't that what they did last time?

[dorancoins]

Well, that is why yours truly, the fabulous 'El Dorro", is no longer selling anything on the infamous 'Flea-Bay". Got sick and tired of getting "nickel and dimed" by that bunch!

[comicAL]

Hi, All

 

I got email on this change from eBay today, I guess they need mo' money, mo' money!

 

AAJ

[Beijim]

I saw this and was disgusted. The insertion fee doesn't bother me nearly as much as the final value fee, which clearly aims at the vast majority of sales. I guess what's most offensive is the predictable double speak about doing what's best for a vibrant community (or some such horse manure). Spare me the insulting 3rd grade rationalizations and be a man about saying you're raising your prices.

 

Beijim

[HaydenTubbs]

This is going to stink,a whole bunch of sellers are going to stop selling because of the minimum listening fee of $1. Come on eBay, show a little respect to the folks who start their auctions at a $1 with no reserve!

[cointagious]

Hi, All

 

I got email on this change from eBay today, I guess they need mo' money, mo' money!

 

AAJ

 

 

 

CNBC runs a special, hosted by David Faber, on eBay occasionally. In it, Meg Whitman says the reason she decided to join eBay was because of their extremely high gross margins at the time and she saw something in them, that as an MBA in the business world, she had not seen elsewhere. Their fees have gone nowhere but up since then.

[MikeKing]

This is going to stink,a whole bunch of sellers are going to stop selling because of the minimum listening fee of $1. Come on eBay, show a little respect to the folks who start their auctions at a $1 with no reserve!

 

You're right, that isn't fair.

 

I would write to the CEO, you never can tell...

[James_OldeTowne]

eBay has absolutely NO competition. Until there is, they will continue to raise fees as often as they feel like it, and there's not a darned thing we can do about it, except grin and bear it.