Final Value Fees Increasing on $2500+ Items

[tannfran]

FYI.....Received email from ebay today. Unless you have an Ebay store, effective 11-6-2014, the maximum per item ($2500 & over) will increase from $250 to $750. It would appear the message to high end sellers is clear...set up a store or move on. Between Paypal & Ebay, it is becoming hard to keep up with all these changes...and with so little notice.

 

[Suzie]

FYI.....Received email from ebay today. Unless you have an Ebay store, effective 11-6-2014, the maximum per item ($2500 & over) will increase from $250 to $750. It would appear the message to high end sellers is clear...set up a store or move on. Between Paypal & Ebay, it is becoming hard to keep up with all these changes...and with so little notice.

What does setting up a store entail?

 

[tannfran]

What does setting up a store entail?

Hi. Not sure yet...another 'quick' learning curve. Will review in next few days and let you know. Need to make sure there are no 'rules' that I'm unaware of....find myself trending very carefully with Ebay these days.

 

[puckettk]

What does setting up a store entail?

You have to pay a monthly fee for a store.

 

[knightal]

I think the most basic subscription costs $20/month. The final value fee is slightly lower and capped at $250. You also get small discounts to list for BIN. eBay is looking for a more stable income with this store subscription.

More information here:
http://pages.ebay.com/help/sell/storefees.html

 

[Jacer]

Wow. This just seems so wrong. Thats 30%! Some consignment places charge less! Plus the paypal fee's that just insane.

 

[uadjit]

That's BS. They're trying to strong arm sellers into opening a store but really they're just going to drive more of them off the site.

 

[ValentineNicole]

Wow. This just seems so wrong. Thats 30%! Some consignment places charge less! Plus the paypal fee's that just insane.

From my understanding - correct me of I'm wrong - FVF is staying the same, ie, clothing is 10%. It's just the maximum that's changed. eBay used to charge a flat $250 whether you sold a $2500 bag or a $8000 bag. Now it will vary, $250 for $2500, $350 for $3500, etc

 

[Jacer]

From my understanding - correct me of I'm wrong - FVF is staying the same, ie, clothing is 10%. It's just the maximum that's changed. eBay used to charge a flat $250 whether you sold a $2500 bag or a $8000 bag. Now it will vary, $250 for $2500, $350 for $3500, etc

I'm sorry I meant that - going by what the OP stated that the new maximum that has gone from $250 for a $2500 sold item - to $750 for a $2500 sold item.

I'm basing the 30% on the $2500 - which would make the new maximum fee 30% off the sale of a $2500 bag.

Now if the $750 max fee only applies to say an item that sells for $7500 and up. Then that would make more sense.