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eBay must really be hurting badly. They are now announcing that they are going to offer free listings (no insertion fees) starting in June of 2009. As I mentioned in another post, June seems to be bringing quite a few changes for eBay. I see that they finally appear to be doing something to save the sinking ship.
How the Free Insertion Listing Fee Deal Works Staring June 16, 2009
The free listing deal only works with eBay’s “Auction Style” format. This is a bummer because “Auction Format” is my least favorite. You have to haggle buyers to send the money on time, and it is guaranteed to take at least 3 days to end in most cases. In fact, I don’t even use it at all.
Anyway, when you list your first 5 items each month, there will be no listing (insertion) fees. This helps a little to save money off the “up-front” costs to sell on Fee-Bay.
The Final Value Fee for these 5 listings with $0.00 Insertion Fees will be 8.75% of the sales price or $20, whichever is lower. So you still get pegged with the final value fees in the end (assuming your item actually sells).
Does This Even Help eBay Sellers at All?
Really it helps most eBay sellers very little, if at all. I only like to use the “Buy it Now” format for selling on eBay. I used to do auction format on occasion, but to be honest I haven’t ran an auction in years! It is too much of a hassle, and really aggravating. You risk getting no bids/low bids, and you have to deal with the buyer paying, etc.
The only people this will help are the “occasional” eBay people who sell a few items (unwanted gifts, etc) on eBay every month or two. I don’t see it making any kind of dent in a big seller’s fees at all. But I suppose it is a good way to attract those occasional sellers that might want to sell on eBay, but will be turned off by the up-front fees.
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Posted under Making Money, Policies, eBay
This post was written by Ben on May 20, 2009
