eBay payments change

[jedi_masters]

Hi Chris @jedi_masters
Good to see your avatar again after so long.

Thanks mate, been a very long time. Glad to be back, lots to catch up on.

 

[_Lee_]

I just got an email from the arseholes. This seems to be a load of bollocks.

Goodbye Ebay, after 21 years im out!

 

[theforceuk]

I really don't have a problem with it, MAX £1 selling fees are even better value now. The money is guaranteed as soon as the buyer pays, before you could have your money put on hold if their was a problem. I'm happy with it.

 

[lejackal]

I really don't have a problem with it, MAX £1 selling fees are even better value now. The money is guaranteed as soon as the buyer pays, before you could have your money put on hold if their was a problem. I'm happy with it.

Yep, just list on £1 days, get a payout either daily or weekly and don't worry about it. Yeah, not getting an instant payout is a bit of a pain if you want quick cash but there's plenty of other selling options for that

 

[theforceuk]

And their we have have the end of Max £1 selling fees! Just can't help themselves can they. Still 80% off isn't bad.

 

[Palifan]

And their we have have the end of Max £1 selling fees! Just can't help themselves can they. Still 80% off isn't bad.

I noticed that, they get your bank details and then they take away the main reason for listing on eBay. You are right that 80% off isn't too bad but I haven't worked out the math of higher priced items yet to see what that really means.

Oh well!

Ian

 

[lejackal]

And their we have have the end of Max £1 selling fees! Just can't help themselves can they. Still 80% off isn't bad.

I noticed that, they get your bank details and then they take away the main reason for listing on eBay. You are right that 80% off isn't too bad but I haven't worked out the math of higher priced items yet to see what that really means.

Oh well!

Ian

Anything under £35 and you're quids in with the 80% off though

 

[Palifan]

And their we have have the end of Max £1 selling fees! Just can't help themselves can they. Still 80% off isn't bad.

I noticed that, they get your bank details and then they take away the main reason for listing on eBay. You are right that 80% off isn't too bad but I haven't worked out the math of higher priced items yet to see what that really means.

Oh well!

Ian

Anything under £35 and you're quids in with the 80% off though

So it's 80% off of their 14% selling fees, is that right?

 

[lejackal]

I noticed that, they get your bank details and then they take away the main reason for listing on eBay. You are right that 80% off isn't too bad but I haven't worked out the math of higher priced items yet to see what that really means.

Oh well!

Ian

Anything under £35 and you're quids in with the 80% off though

So it's 80% off of their 14% selling fees, is that right?

Good point, I've done the maths wrong.

 

[lejackal]

You get 80% off the 12.8% fees. You still pay the 30p transaction fee.
Its actually a total sale plus postage value of £27.40 and under where 80% off plus 30p is cheaper than a quid total

 

[Palifan]

You get 80% off the 12.8% fees. You still pay the 30p transaction fee.
Its actually a total sale plus postage value of £27.40 and under where 80% off plus 30p is cheaper than a quid total

Thanks for that and I looked into this further and forgot that even with the £1 selling fees coupon you would still get the PP fees to pay (3.4%). Below shows you what you will pay on your sales with the 80% deal and you would still be paying less than the PP fees as it's a higher percentage -

£5 sale would be charged 2.56% FVF (0.13) + 30p = £0.43
£10 sale would be charged 2.56% FVF (£0.26) + 30p = £0.56
£50 sale would be charged 2.56% FVF (£1.28) + 30p = £1.58
£100 sale would be charged 2.56% FVF (£2.56) + 30p = £2.86
£250 sale would be charged 2.56% FVF (£6.40) + 30p = £6.70
£500 sale would be charged 2.56% FVF (£12.80) + 30p = £13.10
£1000 sale would be charged 2.56% FVF (£25.60) + 30p = £25.90


If feel like I've got my head around it now so we can see how this all plays out for eBay in the future.

Ian

 

[Snaketibe]

You get 80% off the 12.8% fees. You still pay the 30p transaction fee.
Its actually a total sale plus postage value of £27.40 and under where 80% off plus 30p is cheaper than a quid total

Thanks for that and I looked into this further and forgot that even with the £1 selling fees coupon you would still get the PP fees to pay (3.4%). Below shows you what you will pay on your sales with the 80% deal and you would still be paying less than the PP fees as it's a higher percentage -

£5 sale would be charged 2.56% FVF (0.13) + 30p = £0.43
£10 sale would be charged 2.56% FVF (£0.26) + 30p = £0.56
£50 sale would be charged 2.56% FVF (£1.28) + 30p = £1.58
£100 sale would be charged 2.56% FVF (£2.56) + 30p = £2.86
£250 sale would be charged 2.56% FVF (£6.40) + 30p = £6.70
£500 sale would be charged 2.56% FVF (£12.80) + 30p = £13.10
£1000 sale would be charged 2.56% FVF (£25.60) + 30p = £25.90


If feel like I've got my head around it now so we can see how this all plays out for eBay in the future.

Ian

Thanks for that, Ian. It saves me having to work it all out myself :-D

Jeremy

 

[Palifan]

You get 80% off the 12.8% fees. You still pay the 30p transaction fee.
Its actually a total sale plus postage value of £27.40 and under where 80% off plus 30p is cheaper than a quid total

Thanks for that and I looked into this further and forgot that even with the £1 selling fees coupon you would still get the PP fees to pay (3.4%). Below shows you what you will pay on your sales with the 80% deal and you would still be paying less than the PP fees as it's a higher percentage -

£5 sale would be charged 2.56% FVF (0.13) + 30p = £0.43
£10 sale would be charged 2.56% FVF (£0.26) + 30p = £0.56
£50 sale would be charged 2.56% FVF (£1.28) + 30p = £1.58
£100 sale would be charged 2.56% FVF (£2.56) + 30p = £2.86
£250 sale would be charged 2.56% FVF (£6.40) + 30p = £6.70
£500 sale would be charged 2.56% FVF (£12.80) + 30p = £13.10
£1000 sale would be charged 2.56% FVF (£25.60) + 30p = £25.90


If feel like I've got my head around it now so we can see how this all plays out for eBay in the future.

Ian

Thanks for that, Ian. It saves me having to work it all out myself :-D

Jeremy

I'm glad someone else figured it out as I'm not sure I would of lol!

Ian

 

[theforceuk]

I'm really surprised eBay have scrapped £1 max selling fee, assuming they have. Just encouraging sellers to use other platforms. Facebook etc.

 

[jared007]

I'm really surprised eBay have scrapped £1 max selling fee, assuming they have. Just encouraging sellers to use other platforms. Facebook etc.

I got one of these £1 max fee offers just 2 weeks ago - I assume they are still offered up from time to time

 

[lejackal]

I'm really surprised eBay have scrapped £1 max selling fee, assuming they have. Just encouraging sellers to use other platforms. Facebook etc.

I got one of these £1 max fee offers just 2 weeks ago - I assume they are still offered up from time to time

They do an offer roughly every fortnight, the last £1 one being Easter weekend. They have done 2 and 5 % fee offers previously but this 80% off is a new one. It remains to be seen if this is it or if the £1 comes back in a few weeks. I expect they'll be analysing the uplift of one vs the other plus actual cash in as a result and then take it from there.

 

[DarthHamblin]

I still use PayPal, will you get the same rights as a buyer through eBay as on returns or if your not happy?