EBay Inc. said Tuesday it will cut by up to 50 percent the fees it charges sellers to list their goods online, in an effort to boost listings and keep pace with other burgeoning e-commerce sites.To balance the fee cut, the company plans to increase its commission on items that do sell, a method the company says sellers prefer because it lowers their risk if items do not sell. The online auctioneer has faced increasing competition from other e-commerce sites such as Amazon.com, which does not charge a listing fee. EBay's various fees have long been a point of contention for its sellers, which range from mom-and-pop vendors to online stores with large inventories.http://www.cnn.com/2008/TECH/01/29/ebay.fees.ap/index.html
4 comments:
Sellers are leaving ebay in droves over this new 'no negative or neutral feedback for buyers' policy. At least a dozen tonight alone have closed their stores, including myself. Terrible move on ebay's part!
And along with the change in fee structure, they have decided that only buyers can leave neutral and negative feedback ratings. So if a buyer just doesn't pay, or is in some other way unreasonable, they can get away with it, leave a negative for the seller, and the seller won't be able to respond.
I wonder how many sellers will buy from their rivals, just to be able to give them a negative, then block the rival from buying from THEM, knowing the helpless seller cannot retaliate?
All above is correct and furthermore, the increase in fees is substantial despite all teh headlines that indicate eBay cuts fees. an additonal point on feedback is that they plan to remove feedback afetr a year. Whiole that makes sense for large operators it doesn't for smaller operators who have worked hard to establish a sizeable track record.
They're just covering their backsides with their lower listing fees. The only sellers that help are the ones who don't sell anything anyways. They can afford to lose a few sellers because they'll be making more on final value fees.
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