Nett Profit

Hello, 

 

I have sold three cat collars today for 99p.

 

After fees to ebay and fees to paypal, I am left with 32p.

 

Is that correct?

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Answers (2)

Answers (2)

papso22
Experienced Mentor

Probably.  You pay ebay fees of 10% on the item plus the postage, and paypal fees of 2.9% plus 30p.

red_magpie
Experienced Mentor

You sold all three collars as a lot for 99p, plus £1.99 postage, total £2.98.

 

EBay's 10% selling fee will have been 29.8p, and Paypal's fee about 39p, total about 69p.

 

By my reckoning, you're only left with 20p of the 99p you sold them for!

 

The moral is to start listings at the lowest price you would be willing to accept. This means working out in advance what will be left after fees. Remember that these are charged on the full selling price, including postage.

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