03-06-2018 9:09 AM
• While for the most part listing items for sale on eBay is free.....selling is not !!
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• When an item sells you pay fees to two companies :
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• First is Paypal who charge a fee of 3.4% + 20p (or 3.9% + 20p for international sales) per transaction for administration of the transfer of funds, banking & card charges. These fees are nothing to do with eBay & would be charged to receive any payment for Goods & Services into Paypal (including Facebook, Gumtree, Shpock etc)
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• This fee is taken before you receive the funds for the sale as a balance in your account
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• Second is eBay
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• You will receive a monthly bill for eBay sales commission (Final Value Fee) which is charged at 10% of the sale price INCLUDING P&P
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• This fee will appear split on your invoice as the fee on the item price is charged immediately the listing ends, however the fee on the P&P is only charged after the buyer has paid......this is because they may have arranged to collect, to have a premium service or possibly if they bought multiple items they may have been entitled to a postal discount......
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• This fee will also additionally include any listing fees including those for optional upgrades such as reserves, buy now etc
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• These fees will appear on your Paypal of bank account as "eBay Europe Sarl" or "eBayUKLimited"
• Details of fees here : http://sellercentre.ebay.co.uk/private/what-fees-youll-pay
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• In addition, if you use eBay's SHUTL service to print & post your items then this charge will appear with your monthly eBay charges under "eBay SHUTL".....this is because these charges are no longer made at the time of printing, they are only made after the label has actually been used by the courier service & is billed once a month. You are not charged where you print a label & then do not use that courier service
It always pays to check out the fee structure of any selling platform to work out if it's cost effective selling your items on it.
Private sellers get 20 free basic listings per month.
You'll pay for any applicable upgrade listings fees, plus eBay final value fees at 10% on both the item price and the postage price shown on your listing.
PayPal take 3.4% play 20p (3.9% if an international payment).
PayPal take their fee as soon as you receive your payment, eBay take theirs at a later date.
Go to your My eBay>Account to view a breakdown of your invoice.
Did you not understand that eBay charges a fee every time you sell? In general it is 10%. Most of us get free listings but that is all! Paypal charges 20p + 3.4% so out of your £10 you will be left with £8.50 odd which is surely better than nothing?
If you use extras such as a BIN added to an auction, or a reserve you are charged too.
EBay is a business!