on 05-07-2014 08:12 PM
My fees for June come to 43% on my sales total - this seems to be a high proportion. I did not know how the 3 x free re-listings process worked and probably paid doubel insersion fees for those? Any other possible reason for the high percentage? Thanks cddlb
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on 05-07-2014 08:30 PM
If you are listing more than 40 items per month thus incurring listing fees but only selling very few of the items then you are always going to be payng a high percentage in fees.
Either only list 40 items per month and/or look at increasing your sell through rate or look at the cost effectiveness of opening a store.
An alternative if you want run a higher number of auction listings is to sell on more than one id so you get 40 free on each id.
on 05-07-2014 09:18 PM
Mine varies. Some months l think l'm working just for eBay and others l'm flying well.
If l have a lot of listings and not many sales, eBay takes a bigger bite of the pie because I am paying for invisable listings.
The cost of eBay postage labels is not included in the %.
on 05-07-2014 11:13 PM
If you are using the 3 free relists from your 40 free listings a month, those relists are free. If you go over your 40 free listings for the month, you are paying $1.50 for each item listed over the 40. Each time those ones relist, you are being hit up another $1.50 for the relist. As already mentioned, just use the 40 free ones a month, with the 3 free relists. EBay are often having promotions where they offer 100 or even 150 free listings for the weekend. Use those to list the other items you want to list over the regular 40. Not everyone gets a notification about those promotions, so keep and eye on this forum because someone always posts a link to the promotion page. Majority of the time, anyone can click on the page and get the freebies.
When I first started to sell stuff a few years ago, I was very naive. I was listing some items over the free ones and being charged the listing fee for those, which I knew. I wasn't selling anything, so was actually losing money because I was paying eBay, but not making any money from sales. My issue was, I was impatient. I still only use the 40 free ones now, but I will spread them out over the month. Mostly I list for 7 days, but sometimes I will list for 10 so they relist for the entire month if they don't sell.
Just as an aside, I was just looking at your listings (I'm a coin collector) and your listing for the 2001 50c Federation coins. It looks like you've made a small error you may want to fix. Under 'item condition', you've got "Uncirculated $1 - carded - new". I am assuming you've used the 'sell similar' option to list that item and forgot to change that bit (done it plenty of times myself! I normally forget to change the colour of something in that section). It's an easy mistake to make.
on 06-07-2014 03:18 PM
Many non store sellers would get a shock how much they are paying nowadays.
In the days of low fees and before paypal I worked on keeping my fees below 20% as there were no hidden charges to declare and we had a high sell through rate and large amounts of repeat business through our website.
We calculated postage by looking at our charges every six months. If income from postage was above cost we reduced our flat postage rates.
And if the other way we made a small increase.
Customers could see the transparency.
Now it has got out of hand and postage is a loss making area now.
If you are acting as a business and paying 43% in fees it would be cheaper to sell on consignment through a bricks and mortar store as few areas get more than 30 % commission and you save a lot of time.
If you sell say $ 500 a month and pay 43 percent in fees you could set up a fairly whizbang website to finish up a lot further in front.
Or alternatively read the terms and teach yourself how to get costs down to the absolute minimum
Eliminate everything but freebies basically
on 05-07-2014 08:17 PM
did you buy any eBay postage?
did you list any auctions over the 40 limit?
did you add anything like subtitles?
Your eBay fees should run at about 9.9% of total sales if you stuck to the basics
your 3x free relists - were these automatically relisted for you or did you do it manually?
on 05-07-2014 08:26 PM
for the first lot I had to do it manually once I had relisted them myself. Noe I go in a do it as soon as I list anything. No subtitles, quite a lot over the 40 free items and no ebay postage. cddlb
on 05-07-2014 08:30 PM
If you are listing more than 40 items per month thus incurring listing fees but only selling very few of the items then you are always going to be payng a high percentage in fees.
Either only list 40 items per month and/or look at increasing your sell through rate or look at the cost effectiveness of opening a store.
An alternative if you want run a higher number of auction listings is to sell on more than one id so you get 40 free on each id.
on 05-07-2014 08:36 PM
@cddlb wrote:for the first lot I had to do it manually once I had relisted them myself. Noe I go in a do it as soon as I list anything. No subtitles, quite a lot over the 40 free items and no ebay postage. cddlb
ahhh - well the ones you manually relist - you get charged for those if they exceed your 40 free general entitlements per month. You get charged $1.50 per listing unless you made use of some of the bonus listing periods like the 150 free the other week?
For the 3x free relists, there is a check box which must be ticked for them to quaLIFY and to my knowl;edge it doesn't get applied to listings aklready in the system, even from your unsiold list, only to ones that you start from scratch
You have about 100 live listings atm, were these all part of a free listing promotion?
on 05-07-2014 08:53 PM
I use Turbo lister and therefore have to revise all new listings to tick the relist free option. I did not know that in the beginning (I have not been on eBay for quite some time so it has been a big learning curve) and had to ring support twice to find out how it worked.
Found it a bit confrontational to find out that when the 40 free listings are relisted they are then considered a new listing so in the long run they are not free - as I see it.
Was not able to make use of the full 150 offered at the end of June - the refund for those I did put on I think will be in the July statement. Have put up about 20 items so far this month.
Thanks for your input.
on 05-07-2014 09:04 PM
Any non-store listing will usually have the 3 free relists automatically ticked.
I only use TL for my store ID, but this ID certainly has 3 free as the default. Maybe use SYI, given you are not really listing much, or edit your TL uploads to take advantage of the 3 free.
Either way, I would suggest your 43% is down to you. It pays to work the system out, if new or returning, especially returning. As you have found, your assumptions don't necessarily accord with reality.
on 05-07-2014 09:13 PM
Any non-store listing will usually have the 3 free relists automatically ticked.
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This has not been my experience - I go in manually to each new listing and check the free x 3 manually once it is on eBay.
on 05-07-2014 09:18 PM
Mine varies. Some months l think l'm working just for eBay and others l'm flying well.
If l have a lot of listings and not many sales, eBay takes a bigger bite of the pie because I am paying for invisable listings.
The cost of eBay postage labels is not included in the %.
on 05-07-2014 09:47 PM
I would certainly not go over the 40 free listings unless my sell through rate was more than 70%, even with the free listings I would not bother unless my sell through rate was at least 55 %.
I am not particularly bothered about sell through rates on my store items as I list well over 200 items, taking into account mutiple listings, for $19.99 per month regardless of if they sell or not and only spend the time creating new listings when the number of listings falls below 180.