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There is no need for that. They only need to implement a closing auction like stock markets. But eBay hasn't done anything since the 1990's except raise fees.
by pishpash 9mo ago
There is no need for that. They only need to implement a closing auction like stock markets. But eBay hasn't done anything since the 1990's except raise fees.
- iLoveOncall 9mo ago> But eBay hasn't done anything since the 1990's except raise fees. Meanwhile it's now 100% free to sell on eBay for non-professional sellers. https://www.ebay.co.uk/help/selling/fees-credits-invoices/fees-private-sellers-activated-managed-payments?id=4822 https://www.ebay.co.uk/help/selling/fees-credits-invoices/fe...
- jsheard 9mo agoThey're playing stupid semantic games in order to claim there's no selling fees while still having selling fees. The fees were ostensibly shifted onto the buyer, except they're bundled into the sale price and cut from what the seller receives, so in effect nothing actually changed. Before: Buyer pays £100, seller receives £100, seller later charged £5 fee, ends up with £95. After: Buyer pays £100, eBay pockets £5 "buyer protection fee", seller receives £95 with "no fees".
- iLoveOncall 9mo agoExcept you can price higher to include that cut, and the buyer protection fee is a lower percentage than the sales one was (between 7% and 2% VS I think 11%).
- pwg 9mo ago> it's now 100% free to sell Nice: > You won't pay final value fees or regulatory operating fees Of course, they will likely find some other way to extract their fees. It would be nice, however, if the final value fee went away for US non-professional sellers. There does seem to be no indication (at least on the page you linked) of how they define "private seller", which also opens up the possibility of them defining it so narrowly that, say, only five UK residents ever qualify.
- kotaKat 9mo agoOnly in the UK, and only on "private sellers". eBay is losing a lot of marketshare in the UK so they've taken drastic measures to try to get people listing again.
- wooger 9mo agoMakes sense. In the UK, their fees plus the encouraged (used to be mandatory as an option) Paypal payment option steals a very significant chunk of the purchase price from sellers. In the last 5 years I've won multiple auctions for not-really-worth-shipping things like bikes, paid via Paypal, then had the buyers contact me to say the fees are too high, cancel the auction and deal separately in cash. For anything that you're picking up in person anyway, very little reason to use ebay vs. FB marketplace.
- mmsc 9mo agoNothing? Don't forget when their security team sent pigs heads to people and terrorized them:)
- robin_reala 9mo agoI think I missed this…
- mmsc 9mo agohttps://en.wikipedia.org/wiki/EBay_stalking_scandal https://en.wikipedia.org/wiki/EBay_stalking_scandal
- robin_reala 9mo agoWow! That was a read that kept on escalating.