eBay.com lower fees for Coins, Paper Money and stamps
If you sell in Coins & Paper Money the new final value fee will be 6% (reduced from 7%) and for Stamps 6% (reduced from 9%). Sadly that won’t be much help for sellers outside the US and Canada as you have to have a eBay.com Store subscription in order to qualify for the fee reductions. All sellers without a store subscription will continue to pay 10% in final value fees.
eBay only just changed their final value fees for their North American sites on the 1st of May, although the changes were announced in March. It’s unusual to see fees tweaked so soon after a major seller release and fee update, so the higher fees must have been impacting sales on the site.
Good news however if you’re a coins or stamp seller with a US store subscription!
So in catagories where ebay have strong competition they lower fees.
I’ll let you into a secret, I also charge more in categories where theres less competition.
Now that I am (prospectively) not going to get TRS on my listings on the UK site because I refuse to go ‘free’ postage in a category where multiple items / combined postage is the norm it will be worthy of consideration to close the UK shop and open a US store.
Oh and I don’t/won’t get TRS on .com as I refuse to insist on (the expense of) tracked shipping for items that drop into a letterbox.
Trouble is I simply do not trust eBay not to change everything around again in 12 months time.
Trust eBay? Would you?
As someone who sells stamps and the suchlike for a living, I would much rather list exclusively on .com as the deal there is 100% better than .co.uk
Once you have a .com shop subscription, there’s free and reduced listings fees for AUCTIONS as well as BINs and now you’re paying less FVF too.
I would love to dump eBay completely but they do drive a huge amount of traffic which is the only reason I don’t… I am currently trialling other stamp-related selling websites which some success.
Oh, and don’t forget that a lot of collectable sellers are incandescant about the Cuba/Sudan/Iran etc… ban, PayPal have even blocked accounts on other sites like Delcampe!