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Alistair Hosie
06-07-2010, 04:10 PM
I recently bought two 3 phase electric motors on ebay, and therefore had an almost new single phase which I just sold for 55 it seems between ebay and paypal I have been charged 20% off the sale. Question is this usual or about right? It seems a lot more than usual to me , although they were never cheap??Alistair

aboard_epsilon
06-07-2010, 05:01 PM
depends if you have a reserve ..starting price that is high.
picture package ..catigory ..all adds up

the last item i sold...starting price 99p .no listing charge ..no category charge...(you have to be careful choosing category's ..EG.antique category has high listing charge...others are free)

pics in photobucket..and used the HTML editor to place the pics

sold for 51

picked up by buyer

total bill scheduling fee 6p plus final value fee ....5.16

so 10 percent if you watch your category ..list start price very low, and don't use paypal

otherwise you're paying a lot.

Doc Nickel
06-07-2010, 05:03 PM
Nope, that's about right. Ebay has cranked it's fees to the point where unless you're selling something big, it's almost not worth the effort.

They did it in part to discourage- yes, really- the individual seller. They would prefer to see eBay turn into another Amazon, where a relative few "professional" sellers list many thousands of items each. And that was in part to reduce dispute headaches- a fair percentage of person-to-person deals had issues, while far fewer sales from high-volume dealers had any problems.

But yes, right now, eBay charges you to list it, charges you more to "upgrade" the listing, charges you a portion of the total bid once it sells, then requires you to use PayPal which then charges you yet another fee.

There was a time when I had a lot of small bits I needed to sell- one of those cases where it was too good to toss, but not good enough to bother trying to sell otherwise. Lots of them went for .99 cents or $2 or so. Typically I made roughly a dime on each sale- at which point it became cheaper to just toss 'em.

Doc.

gnm109
06-07-2010, 05:39 PM
They don't want small sellers on eBay anymore. They are doing their best to get rid of them with higner listing and final value fees. 20% is a little high but not that far from what actually happens on eBay most of the time.

Jim Shaper
06-07-2010, 05:48 PM
Where are you guys going instead?

There's gotta be someone out there who's looking to capture the receding market of tens of thousands of fleabay sellers who've had enough. So who are the new players?

Gunpal is a paypal type service used for firearms transactions. I don't know anything about them other than their name as I haven't looked further.

Jim Doherty
06-07-2010, 05:50 PM
I quit dealing with ebay a couple of years ago. Got a bad deal ripped off by the seller, followed all of ebay and paypals rules and never recieved a dime.
With paypal it was a policy change and they decided I no longer fell under the dispute protection although I did at the time of the sale, and ebay everytime I emailed about the incident they were "checking on it and would get back to me". After months of that I suddenly get there is no record of your dispute, despite copies of all emails and paypal transaction and post sale communications I never got any money refunded. I let everyone know about ripoff ebay and to avoid them like the devil.

aboard_epsilon
06-07-2010, 06:06 PM
Don't forget if seller paid by credit card or echeck and not direct bank transfer there is a charge for that too

so you have your 55 starting price insertion fee..which is the same as a reserve ..correct me if I'm wrong

category fee ..cant find what they charge for below..its not easy finding anything on ebay

Business, Office & Industrial (http://listings.ebay.co.uk/aw/plistings/category12576/index.html?from=R11) > Electrical & Test Equipment (http://listings.ebay.co.uk/aw/plistings/category92074/index.html?from=R11) > Components & Supplies (http://listings.ebay.co.uk/aw/plistings/category4659/index.html?from=R11) > Cables & Connectors (http://listings.ebay.co.uk/aw/plistings/category26212/index.html?from=R11) > Connectors & Sockets (http://listings.ebay.co.uk/aw/plistings/category7285/index.html?from=R11)

funny category to list a motor in though !

55 final value fee
paypal 3.75 percent fee...and thats on the postage as well i think ..not sure
plus you could have another credit card fee

total 20 percent easily possible

all the best.markj

squirrel
06-07-2010, 06:57 PM
We have a lot of buyers that want a discount and our reply is they need to call the office and speak with some regarding this. If some one calls we always discount the item and sell it direct or from our dot com. We have started pricing items on our dot com at ebay selling price minus eBay fees, its a wash for us on profit and the buyer gets a bettter deal. We also tell them that the price is only good with check or cash, if they insist on credit card 3% is added to the total. This has been working very well for us and alot of other sellers are discounting items sold direct. Just be careful and do not incriminate your self using eBay's message system or email!!! They cannot legaly use a taped phone conversation unless they tell you this is being recorded, they can use eBay's message system and email to get your account shut down. So if you want a better deal always contact the seller direct.

AiR_GuNNeR
06-07-2010, 07:30 PM
Another tactic sellers can use is put a very high shipping charge on the item. The % they charge is not applied to shipping. A freind of mine recently purchased a small remote helicopter. it had a buy it now price of .99, with shipping something like $28.

Dr Stan
06-07-2010, 07:41 PM
Like some others have said I quit using EBay & PayPal several years ago. When PayPal tried to convince me it was "safer" for them to have my checking account information that was the end of my business. If a online seller insists on PayPal I go elsewhere.

I find most of what I want via seller's web sites, Craig's List and the local want adds. A lot fewer headaches that way even if every once in a while I have to go to the Post Office and buy a money order.

squirrel
06-07-2010, 08:10 PM
Like some others have said I quit using EBay & PayPal several years ago. When PayPal tried to convince me it was "safer" for them to have my checking account information that was the end of my business. If a online seller insists on PayPal I go elsewhere.

I find most of what I want via seller's web sites, Craig's List and the local want adds. A lot fewer headaches that way even if every once in a while I have to go to the Post Office and buy a money order.
They insist on paypal because it is the best way to "hide" money. Paypal has side stepped all the federal regulations that apply to banks, the end is near, starting in 2011 the law will require paypal to send out 1099's. When that starts you will see about 75% reduction in eBay'rs......

RWL
06-07-2010, 10:33 PM
Where are you guys going instead?

There's gotta be someone out there who's looking to capture the receding market of tens of thousands of fleabay sellers who've had enough. So who are the new players?

I've been buying and selling stuff on Craigslist. See Craigslist.org for the various sites. I believe they also have international listings for those of you outside the US.

RWL

gnm109
06-07-2010, 10:38 PM
I've been buying and selling stuff on Craigslist. See Craigslist.org for the various sites. I believe they also have international listings for those of you outside the US.

RWL


I use Craig's list for large items that I really don't care to ship. In the past year or so I sold a Mill Drill, a floor model evaporative cooler and a very large Oak desk. All three deals were very nice with no packing, although I did help load the items.

Craig's list is great for local action but it doesn't have the nationwide capability of eBay.

oldtiffie
06-07-2010, 11:23 PM
Isn't this all part of the costs and risks of doing business?

Irrespective of whether its a "personal" or "business" item that is listed or sold it is a business transaction never-the-less and should be regarded and "priced in" as such.

eBay and and PayPal - and I'd guess Craig's List as well - are like the banks in that they are "financial facilitators" and as such are quite entitled to charge fees and make a $ any and every way they can.

If you don't like eBay or PayPal or Craig's list or the banks you are quite entitled to exercise your ultimate option and just not use 'em.

Jim Shaper
06-08-2010, 12:26 AM
Tiff, while you certainly make a valid point, there's also the side of this one where fleabay has grown too big for it's britches and has alienated the very people who made it what it is.

CL is a wonderful free service (here, some category's are fee based), but you lack the traffic that fleabay offers. As such, your exposure is drastically smaller, but your costs are much reduced (not eliminated, as you still have labor in posting and responding to all the idiots who can't read your ad).

I'm curious what other wide reaching sites there are who have an approach more in line with how fleabay use to be (low fees, lots of small sellers; deals to be had).


Recently, the only bargains I've gotten on fleabay have been flukes. But I did manage to snag a brand new valenite cat 40 ER32 collet chuck for $30 shipped yesterday. The seller posted the nut as the model number. :)

ADGO_Racing
06-08-2010, 12:28 AM
Other good options that are replacing Ebay are Bonanzle.com and Upillar.com. I have some items listed on Upillar, I get more traffic in a month there than I ever did on Ebay! I would have to figure out the numbers, but I get a serious amount of traffic on Bonanzle too. There is quite a bit of used machinery and tooling on Bonanzle. Another place trying to make a go of it in the auction style listings is a place called Gozbay.com It is very similar to Ebay, but without the fees and assorted stupidity.

squirrel
06-08-2010, 03:52 AM
Other good options that are replacing Ebay are Bonanzle.com and Upillar.com. I have some items listed on Upillar, I get more traffic in a month there than I ever did on Ebay! I would have to figure out the numbers, but I get a serious amount of traffic on Bonanzle too. There is quite a bit of used machinery and tooling on Bonanzle. Another place trying to make a go of it in the auction style listings is a place called Gozbay.com It is very similar to Ebay, but without the fees and assorted stupidity.How are you getting the hits on upillar, some of our stuff is on their and we have not gotten any sales at all.

oldtiffie
06-08-2010, 04:38 AM
Tiff, while you certainly make a valid point, there's also the side of this one where fleabay has grown too big for it's britches and has alienated the very people who made it what it is.

CL is a wonderful free service (here, some category's are fee based), but you lack the traffic that fleabay offers. As such, your exposure is drastically smaller, but your costs are much reduced (not eliminated, as you still have labor in posting and responding to all the idiots who can't read your ad).

I'm curious what other wide reaching sites there are who have an approach more in line with how fleabay use to be (low fees, lots of small sellers; deals to be had).


Recently, the only bargains I've gotten on fleabay have been flukes. But I did manage to snag a brand new valenite cat 40 ER32 collet chuck for $30 shipped yesterday. The seller posted the nut as the model number. :)

Jim,

I can appreciate your sentiments but there's little if any room for sentiment in business. Its pretty well either corner a market or part of it or "go under" - or get bought out for a pittance.

eBay and Google were "free" but soon developed to the stage where they were very big and very commercially attractive and valuable and hence the founders/owners made a lot of money when they were "floated".

Some seem to think that all and any service they use should be at no cost and top service or that it is should be part of the social service that Governments provide "free".

Well, they wouldn't want to be holding their breath or whistling "Dixie" while they wait for it to happen.

I buy some of my stuff on eBay the same as I do from machine and tool suppliers - all of which are "buy it now" where I know the cost/s that I need to cover and whether its worth proceeding with.

I always buy "new" as its pretty well impractical to return it from OZ.

On eBay I only use a few dealers - mostly in China (Hong Kong) that I've always had excellent service from for very good product at very good prices. I have NEVER had a "packaging problem" or a lost or damaged in transit problem.

I use my PayPal account or my VISA account/card - and I have never had a disagreement or a loss.

From my point of view eBay, PayPal and VISA and my Bank provide excellent service at what I regard (and "price in") as a reasonable cost.

The "something (everything??) for nothing/cheap" Brigade will just have to keep on complaining and probably still keep using those services.

I don't care at all how the cost is made up - "postage and handling" etc. I just want to know how much is to come out of my account if I buy it.

Jim Shaper
06-08-2010, 01:35 PM
I'm probably muddying the waters since I'm speaking as both a seller and a buyer when I make disparaging remarks about fleabay, but the simple truth is that as a seller they're gouging their labor pool. I'm ok with paying reasonable transaction fees, but those tend to be capped at about 3% in my opinion (not the 20% fleabay/paypal comes out to). Over that, and you're stealing from the cookie jar.

I'm seeing the same items listed on bonanzle as I am on fleabay from the same sellers. Not much for tooling to be had over there.