eBay’s Spin on Lowest Fees Ever

by eBayAdrenaline.net ~ January 31st, 2010
 
 
 

From The Desk Of B. Robert

"eBay introduces its lowest
 insertion fees ever"

"Or is that just eBays's Spin?"

 

 

Is eBay putting the spin on "lowering sellers' fees?"

On March 30, 2010, eBay will lower sellers costs for selling.

Is this eBay putting a spin on the truth and actual facts?

eBay says it will introduce its lowest insertion fees ever. While that may the case for the lowest-priced auctions, there are many sellers asserting prices will actually increase for certain criteria.

Since eBay's announcement about fee changes, sellers have been calculating the math. It looks like eBay weaves a spin on their take as sellers see fee increases across the board.

eBay states it is their lowest fees ever, yet they incorporate a bit of complexity to the rules that disguise the real increases.

eBay specifies there will be reduced listing fees, yet there are also large increases in Final Value Fees. (FVF's).

Even if you subscribe to a store, the FVF's increase applies. Therefore, any attempts to reduce FVF's with a subscription store will be null and void, as you will pay a per month store charge as well as increases in store fees.

In past years many eBay sellers have jumped ship when increases occur. Once again, eBay will more than likely see more sellers leave and move to other auction sites. Factually, many sellers will have no choice but to move away from eBay's high fees that reduce profits and produce losses.

You can read more on eBay's Increase of Fees in March 2010 on eBay's
forums and discussion boards.

 

 

1) What are the best products to sell?

It is easy enough to answer electronics, hand-made quilts, computers, ipods and more are quality products with proven higher sales; however, the fact is that proper research and analysis defines products for certain targeted consumers sales.

Of course, a business person should not promote or market products that are slow in sales versus products that have a higher volume of purchases.

Yet, if your product is properly exposed to the public and marketed effectively, you will most likely have robust sales no matter what item you sell.

You must pay particular attention to your competition. In learning all you can about the product you want to sell, you will have strength and powerful knowledge to assist success.

Dolls, antiques, coins, clothes, media, books, and more will sell in high or low volume based upon your promotion and traffic to your site or auction.

How To Learn What Products To Chooseis out of the realm of this article. If you would like to learn more contact me.

 

2)What is the difference in Amazon vs. eBay?

Many sellers prefer Amazon for the reason their sales are greater with less fees and difficulty.

Amazon is a partner in business and having a greater interest in its sellers than eBay provides. Amazon's focus is to assist sellers with their product sales. Naturally, Amazon also focuses on buyers protection.

Amazon's overall business model and company has been strategically developed over the years versus eBay's ever changing strategy that many times will interfere with Sellers capabilities and options to increase sales.

I think the leading difference in performance between eBay and Amazon is that Amazon has been a marketplace from inception.

They continue to execute that focal point.

Originally, eBay was an exceptional auction site. However, over the years they have targeted a fixed price marketplace, along with advertising sales. eBay has introduced many stumbling blocks for sellers. It is a significant reason why eBay has lost many sellers and buyers over the past years.

 

3)Can one really make a fortune overnight on eBay?

It is possible to have of a very special item that many buyers bid for or purchase at a very high price.

CAVEAT: However, the reality of this easily occurring, may not be too realistic. Earning fortunes overnight are not factual.

There are occurrences where a seller has purchased or owned items that for a very low price and then resells them at a much higher price.

However, you most likely will not make a fortune overnight.

If you have antiques you are willing to sell, it is possible to receive a high price over the auction period. Yet, fortunes overnight are not a matter-of-fact.

 

4) What is the E-Fencing Enforcement Act?

The E-Fencing Enforcement Act of 2008 was introduced into the House of Representatives in the summer of 2008.

This legislation effects auction sites like eBay and others to retain information on high-volume sellers including offering this information to retailers and law enforcement officials in cases where police reports have been filed.

Additionally, there was the Organized Retail Crime Act of 2008 introduced, (H. R. 6491), which would require auction sites to pool resources with retailers and police; and, allow retailers to sue those involved with stolen products.


How many times can the same legislation be introduced and duplicated? Can't the lawmakers talk to one another and stop wasting all the time and efforts that spend tax payer dollars on duplicate legislation.

 

 

 


Alternatives To eBay

I have provided links to eBay alternatives below.

I am directing you to my alternative site links so you may see what can be done.

You can access the main sites as well.

I will discuss the alternative sites in future posts; however, for today you can check the other sites out.
 

To Be Continued…



http://www.brendarobert.com

http://mysteryshoppersleuth.com

http://www.masseyoriginals.com

http://www.home-based-business-reps.com

 

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