Paypal Fees

[life31]

Ok Ok update! Here are the various changes supposed to be changed in October 2008

General Overview of all the changes: [Only registered and activated users can see links. ]

• Paperless payments only—effective late October, 2008—checks/money orders will no longer be allowed as a form of payment (with the exception of "Payment on Pick-up.") [Only registered and activated users can see links. ]
• Fee changes—effective 9/16/08—lower insertion fees for fixed-price listings; increases in final-value fees for fixed-price listings (with the exception of items in certain media categories, where the FVFs actually decrease.) [Only registered and activated users can see links. ]
• eBay Motors fee changes—effective 9/02/08—eBay is eliminating the insertion fees on the first four vehicles you list in a 12-month period. Insertion fees on the fifth and any subsequent vehicle listing during that period is reduced 50% to $20 per listing. On the flip side, successful vehicle listings will pay a much larger "Successful Listing" fee—as much as 150% higher than the old fee. [Only registered and activated users can see links. ]
• Specified shipping in listings—effective 8/25/08—all listings must now have the shipping cost/service specified. [Only registered and activated users can see links. ]
• Limits on shipping/handling charges in media categories (Books, DVDs & Movies, Music and Video Games)—effective 10/05/08. [Only registered and activated users can see links. ]
• Specified return policy/handling time required—effective late October 2008—specify a return policy (even if you don't accept returns, you still have to state that) and enter a handling time for shipping. [Only registered and activated users can see links. ]
• Special incentives for free shipping—effective October thru December 2008—sellers who offer free shipping during the holiday season will get a free subtitle upgrade and PowerSellers will get double their FVF discounts. [Only registered and activated users can see links. ]
• New item page—effective late 2008 or early 2009—a new revamped Item Page with larger photos, real-time countdown timer, tabs to organize shipping and payment information, and much more. For a preview click here: [Only registered and activated users can see links. ]
• [Only registered and activated users can see links. ] changes: [Only registered and activated users can see links. ]
• Recent sales history a factor in "Best Match" search results—effective mid-September—recent sales of an individual item will now be a factor in Best Match search results. [Only registered and activated users can see links. ]

[hwang]

Those are the rules. They should have made it longer
With all that in place, I wonder how anybody is ever going to make money from ebay. Well there maybe some, but how about startups and small traders like us?

[life31]

Seems like they are trying to make things transparent enough between the sellers and the buyers. A couple of points in favour of the sellers too but if you are looking at it in a buyers perspective you would be much more happier

[the_raven_group]

sounds liek there will be plenty of opportunities for the lawyers to make a litle extra money lol. E-bay rules will probably have lots of holes in them for the clever man or clever lawyer to exploit. That is what all contratcs are like.

[life31]

Raven you surely are the king of Ebay in this forum lOL nothing difficult for you there. But yes I agree if you are clever and and try to check ebay out for couple of days seriously then you certainly find things very easy.

BTW can we know your ID at ebay so that me can check the things you listed out

[hwang]

As usual, they have always favored the buyers rather than the sellers. If this is the case, it would just attract more scammers hoping to prey on poor sellers trying to make some money.

[the_raven_group]

lol i can not possibly share that information. I do have a buying account that i will share. Which isnt really that active anymore as i deal directly with the sellers how rather than use ebay and paypal.

its the same as this forum name - the_raven_group

[yazinator]

Ebay and paypal over do it with taking advantages of both buyers and sellers, with millions of sales every yeay they make money from everyone of them. It should be limited.

[the_raven_group]

They don't just make money from that they also make money out of paid advertising on their website. Ebay and paypal are what comes to everyones mind when they search the internet for methods of selling or trading or making money. that is why theu will dominated the market for a long long time to come. No competion at all :-(

[A-NAT]

Also a fundamental answer to any question like this is, they do it because they can.

[life31]

Exactly, ther's no competiton at all for e-bay and paypal. Both of are established so well in the market that its very difficult for any oter site to compete them

[the_raven_group]

People have tried to compete witht hem but they are very unsuccessful. Ebay has total dominance of the arket. even google could not undercut that! so what chance the smaller firms who are just starting out? Strangled at birht almost.

[yazinator]

Since there is no competition for either of them then they can do what ever it takes to make the most money from us. Intill something better comes along...

[the_raven_group]

Well unfortunately that is how internet business works. Just liek the real world everyone wants to make money! and fast!

Well after 53 replies and 248 views I think this tread must be coming to the end of its useful life. Unless anyone else has something to add?

[hwang]

Something to add....ebay on their official press release stated that they are expecting paypal to grow and generate income of additional 20% despite the economic downturn. Well, I hardly had any doubt on that statement....

[yazinator]

WAIT! So Paypal fees are going to increase by 20%? That would suck as i dont make enough money anyways. Maybe even let them increase fees on other countries because it would help our economy

[the_raven_group]

If you don't make enough moeny to justify paypal fees, then just stop accepting paypal for ebay transactions. Just mark your items as cheques, postal orders or money transfers only. Cut paypal out full stop

[hwang]

No.... what they simple mean is that they expected the revenue to jump by that amount. You see, paypal not only earns from the fees alone. They also made money from exchange rate difference and also interests from funds left in the account.

[the_raven_group]

I'm still trying to decide whetehr or not alertpay maybe an alternative. I highly doubt that e-bay will accept it instead of paypal but it maybe useful for other internet transactions. At the moment it seems to be used for nothing accept paid to click advert transactions.

[hwang]

I wouldn't suggest using Alertpay. Google about it and you will find some *interesting* information.