Tried selling on eBay as a regular Joe lately? Item sold for roughly $190 and I lost $45 in fees - I didn't even have a premium ad or pay for any of the boosting.
The problem is with items that have a national market but not a local one. For example - there may be very few local buyers who will pay a decent price for a vintage slide rule, but many on eBay. My general strategy is to list on FBM first for the eBay price that I hope to get, and then accept offers down to 75% of the price. If I don't get any bites after about a month I switch to eBay.
This. I was selling an obscure book once. I doubt there is anyone local that would be interested in it. It was sold on eBay within a week.
Same for a half functioning Xbox. No "normal" person would want that. But apparently, on eBay, something like a dozen people took serious interest in it, and it was sold in a few days in "parts only" condition. For sure I didn't like how much the transaction fee I paid, but at least I got rid of it for a decent amount of money.
At least in the UK, I don't lose any of the selling price to fees, 0%.
The buyer has additional buying fees on their side and postage is included in the final price.
As someone who hasn't sold on eBay in a looooong time but was thinking about it for some stuff I haven't been able to sell on Marketplace, their pages and pages of fee structuring were intimidating. What was the breakdown of that $45, if you don't mind sharing?
Fwirt|1 month ago
g947o|1 month ago
Same for a half functioning Xbox. No "normal" person would want that. But apparently, on eBay, something like a dozen people took serious interest in it, and it was sold in a few days in "parts only" condition. For sure I didn't like how much the transaction fee I paid, but at least I got rid of it for a decent amount of money.
JDSP|1 month ago
wooger|1 month ago
nja|1 month ago
dankwizard|1 month ago
I listed the item as $185.00 + $10.00 shipping.
Order total = $195.00
- Transaction fees = $32.44
- Postage label = $14.65
Postage I can understand.
Havoc|1 month ago