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Tuesday, February 12, 2008

The New Ebay / Listing Fee Change ! New Opportunities

Ebay anounces new fee structure coming February 20th 2008.

The world's largest online sales platform in competition with Amazon anounces a major fee change. Competition has robbed Ebay of customers and sellers over the last several years. Amazon a direct threat to Ebay is known for its modest fee structure. Ebay in return has dropped there listing fees lower and in some cases dramaticly changed policies too.

This is a great time to check out or rediscover Ebay as a suppliment income, primary income, or an venue to expand your current business venture. Ebay the worlds most advertised and well known brand has taken storm since opening to the public in 1995. Ebay has revolutionized online auctions and category variety for the world's free markets.

With the new fee structure you can put up more than double in some cases that before for the same price. The first Gallery Picture is free and other service are reduced in cost. The final value fee has risen from 5.25% to 8.75% for the first twenty-five dollars. This is still a better deal in most cases than the previous fee structure. Only if you own an Ebay store or sell high dollar murchandise will you see an increase. Store's final value fee increased from 10% to 12% for the first 25 dollars. Many store owners are upset and are threatening to leave. Ebay at times seem like the share holders are the only people that count. I have sold on Ebay for several year now and see many changes. Ebay account: Stealth_Distribution. While change can be good, I think that the new rule that sellers are not allowed to give negative feedback is a bad one. Ebay may be hurting themselves more than helping.

With the positive and negative sides of change within Ebay there still are great opportunities with the new fee structure to take advantage of. The new structure focuses on minimizing front end cost with your auctions and fixed price offering, opening potential for more sales.

Check out these links for more information:

Seller Update: Fees, Rewards & StandardseBay buyers want value and selection from sellers they can trust--and good sellers deserve rewards for delivering great customer service.

Reduced Listing FeesYou asked, we listened. We're reducing Insertion Fees and adjusting Final Value Fees to lower your up-front cost to sell on eBay. You wanted free Gallery, now you've got it--plus more feature discounts.
Lower Insertion Fees
Free Gallery picture with every listing
Lower fees for Gallery Plus, Picture Pack, and Feature Plus
Rewards for great sellersThere will be discounts and incentives for those who satisfy customers best. Who decides who gets rewarded? Customers do, by giving sellers high Detailed Seller Ratings (DSRs). You get:
Fee discounts for PowerSellers
Unpaid Item protection for PowerSellers
Expanded seller protection for PowerSellers from PayPal
More search exposure through Best Match
Feedback ChangesSignificant changes coming soon will increase buyer confidence and showcase good sellers.
Buyers will only be able to receive positive Feedback.
Positive repeat customer Feedback will count and Feedback more than 12 months old won't.
Negative and neutral Feedback left by the buyer will be removed for transactions in which a buyer doesn't respond to the Unpaid Item (UPI) or if the member is suspended.

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