eBay raise max private seller fee to £75.00
Good news for business sellers, bad news for private sellers – especially those masquerading as a business. As of the 10th July 2012, eBay have just jacked up the maximum final value fee for private sellers from £40 to £75. In other words if you’re selling something which goes for more than £400 you’ll be paying more in fees.
From now on (July 10th) anything sold by a private seller over £750 will attract the new maximum fee of £75.
There are two ways of looking at this – firstly eBay are gouging on fees as and where they can. There’s nothing wrong with this, they’re running a business just like you and I. However for private sellers with high ticket items to pay they’re not going to be too happy to discover just how much it’s now going to cost them to sell on the site.
From the other perspective business sellers have been paying increased fees which are at the highest level that they’ve ever been. It seems somewhat unfair that if they sell a £1000 item that they’ve been paying around £100 in final value fees whereas private sellers only contribute £40 to eBay’s funds.
eBay do spend zillions on the platform – both in technology and marketing. One can’t help but hope that the extra money from private sellers will go some way towards plugging the inevitable gap in eBay’s budget created by the impending end of free Google Product Search, when they start paying for Google Shopping.