funny farm Posted January 14, 2005 Report Share Posted January 14, 2005 Did you all get the email from ebay with the new price increases going in effect FEB. 18th ? Just thought I would post this as it makes a big difference . I start alot of my lures for a buck or two bucks , cant do it now , to risky . Below is the email I recieved . We are writing to let you know that effective midnight PST, February 18, 2005 eBay.com and eBay Motors will be making changes to the fee structure. The fee changes are as follows: Gallery Gallery fees will be raised from $0.25 to $0.35 per listing. We will also be increasing the size of the Gallery image on search and listings pages by 56%. This will make it easier for buyers to see details of the item before clicking into the listing. Buy It Now Buy It Now fees will no longer be charged at a flat rate, and will instead be determined based on the Buy It Now price. Fees will be charged as follows: Buy It Now Price Fee $0.01 - 9.99 $0.05 $10 - 24.99 $0.10 $25 - 49.99 $0.20 $50+ $0.25 10-Day Duration The fee for 10-day duration listings will be raised from $0.20 to $0.40 per listing. eBay Stores The fee for the Basic eBay Store subscription will be raised from $9.95 to $15.95 per month. The subscription fee for Featured and Anchor Stores will be unchanged. eBay Store Inventory format listing insertion fees will remain unchanged. The Final Value Fee for Store Inventory items will change as follows: Closing Price Old Price New Price $0.01 - $25 5.25% of the closing value 8% of the closing price $25.01 - $1,000 5.25% of the initial $25, plus 2.75% of the remaining closing value balance. 8% of the initial $25, plus 5% of the remaining closing value balance ($25.01 - $1000) Over $1,000 5.25% of the initial $25, plus 2.75% of the next $25.01-$1000, plus 1.50% of the remaining closing value balance ($1,000.01 - closing value). 8% of the initial $25, plus 5% of the next $25.01 - $1000, plus 3% of the remaining closing value balance ($1,000.01 - closing value). Store sellers will continue to be eligible to receive 50% off of the Store Inventory listing final value fees for Store Referral credit. Please click here for details. Insertion and Final Value Fees The insertion and Final Value Fees will be changing for items listed in certain Business & Industrial categories. More details about the changes for these categories are provided below. The insertion and Final Value Fees in other categories will not be changing. Business & Industrial Listings in Certain Categories The Reserve, insertion and Final Value Fees will be changing for select high item price capital equipment categories in Business & Industrial. Please click here to view the capital equipment categories affected by the pricing change. The fee changes for these capital equipment categories are as follows: Reserve fee: Lowered to $5, refundable if the item sells Insertion fee: Raised to $20, regardless of starting price Final Value Fee: Lowered to a 1% flat fee, with a $250 maximum charge Additional listing upgrade fees will remain the same as for eBay.com. Pricing for all other Business & Industrial listings outside the specified capital equipment categories will remain the same as for eBay.com. eBay will also introduce Buyer Protection covering up to $20,000 per item in these capital equipment categories this spring. eBay will offer this Buyer Protection at no cost to the buyer or seller. The following fee changes will apply to vehicle listings on eBay Motors. Fee Changes for eBay Motors Vehicles Listings Reserve Reserve will be charged a $5 flat fee for all eBay Motors vehicles categories except Pocket Bikes. This fee will still be refundable if your item sells. 10-Day Listings The fee for 10-day listings will be changed to $8 for all eBay Motors vehicles categories except Pocket Bikes. Pocket Bikes Category The insertion fee and Transaction Services Fee will be lowered from $30 to $3 each. The following fees will remain the same: Reserve ($2 flat fee, refundable if item sells), Gallery (free), Listing Designer ($5) and Highlight ($5). Motors HomePage Featured fee will be lowered to $24.95 and Vehicle Picture Pack fee will be lowered to $1.50. All other fees will be lowered to become the same as those for eBay Motors Parts & Accessories categories. For more information about these fee changes, please see our Frequently Asked Questions. Some international eBay sites have also changed their fee structures. To learn more, please check Announcements for the eBay site of interest. We understand that fees directly impact our members, and take care to ensure that any decisions to change fees are made only after careful consideration of this impact. These changes will help us continue to sustain and develop a thriving global marketplace, while balancing the needs of our buyers and sellers around the world. Regards, eBay Quote Link to comment Share on other sites More sharing options...
alsworms Posted January 14, 2005 Report Share Posted January 14, 2005 Thanks for posting that Toby. That makes a HUGE difference in the long run. I have been toying with the idea of closing my store. Now my mind is made up! Chris Quote Link to comment Share on other sites More sharing options...
funny farm Posted January 14, 2005 Author Report Share Posted January 14, 2005 yeah , I closed my store also . Not worth it . Yes 3% additional (8% now) for the final selling fee makes a huge difference , and i ran 250 or so auctions in the last 30 days . Alot of my seller friends say they are going to try Yahoo , problem is Yahoo doesnt have any where close to the traffic , and definetly not in the fishing area , I tried it for a year , but who knows maybe I will flood Yahoo with my stuff and see how it does . Yahoo is a flat rate I belive havent checked in awhile . Quote Link to comment Share on other sites More sharing options...
alsworms Posted January 14, 2005 Report Share Posted January 14, 2005 We should brainstorm and come up with an auction site that is strictly fishing related :!: Quote Link to comment Share on other sites More sharing options...
Big Splash Posted January 14, 2005 Report Share Posted January 14, 2005 It's true, I'm going to be listing very few items on ebay from now on. Greed is the only word I can think of to describe this type of increase in service charges! Be sure to list your items here at TU Auctions. We need this feature more than ever now, and the only way to make it work is to use it lots. Quote Link to comment Share on other sites More sharing options...
nova Posted January 14, 2005 Report Share Posted January 14, 2005 Sounds like the shareholders had a meeting and decided to give themselves a raise. Ebay had better be careful. Get too greedy and you be a shareholder of nothing. Quote Link to comment Share on other sites More sharing options...
funny farm Posted January 14, 2005 Author Report Share Posted January 14, 2005 And they didnt just bump it up a few cents , guess they needed new mercedes ? With as much traffic as TU gets , if everyone started listing a few items on the TU auctions it would be big very quick !!! Quote Link to comment Share on other sites More sharing options...
GB GONE Posted January 14, 2005 Report Share Posted January 14, 2005 Won't be long and Paypal fees will go up. Paypal is an Ebay owned company so even if we move away from Ebay, we still fill their coffers by using Paypal on TU auctions and our websites!!! Hmmm...one of those darned if you do, darned if you don't deals!!! Jim Quote Link to comment Share on other sites More sharing options...
Big Splash Posted January 15, 2005 Report Share Posted January 15, 2005 With those jumps in prices they will be able to get a new Mercedes every day! Must be nice... Quote Link to comment Share on other sites More sharing options...
RiverMan Posted January 16, 2005 Report Share Posted January 16, 2005 I am disappointed too. I was reading that Ebay did more than 800 million dollars in the first three quarters of 2004...guess that wasn't enough for them. I very much wish that a competitor would start up...this would keep Ebay honest. For you guys that have stores on Ebay I looked at that once too and didn't think it was worth it either.....Ebay dings ya on everything. I would suggest building your own web page as I did...it's very easy and cost me next to nothing per year. I don't advertise so Ebay has helped me in that regard. Jed Quote Link to comment Share on other sites More sharing options...
GB GONE Posted January 21, 2005 Report Share Posted January 21, 2005 Maybe we all should just buy Ebay stock !!! If you can't beat'em, join'em...or was it if you can't join'em, beat'em..always get that mixed up when it comes to MY money!! jim Quote Link to comment Share on other sites More sharing options...
Finneous Fogg Posted January 30, 2005 Report Share Posted January 30, 2005 Yup, GREED is the big time answer. Oink! I've got a site for my stuff. I just need a cost effective e-com solution. Quote Link to comment Share on other sites More sharing options...
WidowMaker Posted February 10, 2005 Report Share Posted February 10, 2005 If you were actually an Ebay Stock Holder then couldnt you contest it??? Quote Link to comment Share on other sites More sharing options...
Richoc Posted February 11, 2005 Report Share Posted February 11, 2005 They lost over 75 % of the stores they had. Might have been a move too clear server room. But they are getting bites out of the pizza before and after. Quote Link to comment Share on other sites More sharing options...
funny farm Posted February 11, 2005 Author Report Share Posted February 11, 2005 My store disapeared one day , which didnt bother me . I have sold hundreds and hundreds easily of lures and never had any sold from my store all were from the auction format . Quote Link to comment Share on other sites More sharing options...
gonfishin Posted February 12, 2005 Report Share Posted February 12, 2005 What is the name of the yahoo auction? Quote Link to comment Share on other sites More sharing options...
BuMMeRBaits Posted March 10, 2005 Report Share Posted March 10, 2005 http://auctions.shopping.yahoo.com/ Quote Link to comment Share on other sites More sharing options...