Your funds will be available for payout once we receive delivery confirmation

Hi I've just received this message contacted ebay and is being sent to everyone 

 

That's me I'm done no more ebay for me bye bye

 

We are making changes to the way we process payments on eBay. Going forward, we’ll make your funds available for payout within 48 hours after we’ve confirmed delivery of the item. Until then, you’ll see a “hold” on your funds. This process helps keep our marketplace safe.

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Re: Your funds will be available for payout once we receive delivery confirmation

I did not understand that either though i never sell auction style, but if i was bidding on something surely i would bid knowing the cost for postage which i presume could not then be changed if i was to win surely...very odd.

 

its litterally like they grabbed someone off the street and said basically what they want to happen with ebay and told that person to make up random *bleep* that sellers and buyers will believe lol

and this is why it all looks like a  big pile of...so and so which does not make sense

Message 421 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

Maybe the only way round it would be for you to offer your badges in a little job lot instead of selling them individually.    Yes it would not work for you continuing to sell them individually unfortunately.

Message 422 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

For a lot of private sellers, the only way forward on ebay will be to sell as 'job lots'. The buyer's fees on low-priced items are just too great (50p item will cost £1.29 which is a massive jump). Would recommend listing a few bits and pieces now and see if you can sell before this all comes in (February 4th). You can always use the photos for other sites in the future.

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Re: Your funds will be available for payout once we receive delivery confirmation

I suspect that relates to whether the item goes over the limit for Simple Delivery, if I remember right that's £500, auction at £400 they know the cost and include it, get a buying frenzy and go to £501 then it's out of SD and back to the seller to organise, pay and set the fee.  I suspect this will apply to vanishingly few auctions as I have certainly been shocked in the last few years if I get 2 bidders!  Plus if you're not in one of the eligible categories like jewellery you won't have been included in the first place.  These could be wide-ranging and cover most expensive items when we find out what they consider eligible (eg tech etc which Evri won't normally cover as per their massive exclusions list).  Expensive designer clothing might be the only area where you could list at auction for under £500, qualify for SD, then break that barrier (I am not an expert so there may be more things it could happen with, it's just the only realistic one I can think of offhand!).

Message 424 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

I feel sorry for them having to say that. It's supposed to be a 'softener' like the "How are you today?" As if a perfect stranger on the phone is  vaguely interested in how you are!

I guess the answer to 'thank you for being with us for 20 years' is "Not much longer if you don't sort this mess out"

Message 425 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

That's helpful. I won't have to worry about it. I rarely sell high value items and doubt I would under the new system: I would want to receive payment before being out of pocket for high postage.

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Re: Your funds will be available for payout once we receive delivery confirmation


@cm90691 wrote:

And this is bizarre:

"Delivery costs can also change based on the item's final sale price"

So if it's an auction which goes up from the starting bid, the postage cost will change?

When I list an item if it goes to a higher price than expected I may pay more to insure the package during transit, but the amount comes out of my additional profit - I don't suddenly ask the buyer to pay a higher postage fee than I've advertised.


As a guess this relates to the cost of insurance rising from the carriers as the sale value increases and possibly a different class of postage to accomadate the increased value for insurance ?

Message 427 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

What makes me mad about that is the fact that they do not expect a business account to wait for payments and do not expect them to really post using their own funds till they get payments off buyers....yet surely business accounts and companies are more likely to have the funds to do this anyway if needed

 

yet private sellers who are not business`s and just every day people are expected to have spare money to pay for a buyer to get the items before we get the payments released.

 

Totally backwards. the waiting for payments and having to use own funds to post surely should be put onto business accounts.  None of it makes sense to me.

 

i was looking to see and compare of i sold my items the new private way happening in feb and comparing it to if i made a business account and see what total fees would need to be paid and what total profit after everything would be to see which would be better.

 

i was not sure as ebay seems to hide the actual listing cost on business accounts the info on the page skips past it and assumes everyone with a business account has or wants a subscription shop.

 

i assume its something like 35p per listing and final selling fee depends on category but i would need one home so its 11.9% selling fee as far as i know those are the only 2 fees when lisiting and selling something

 

if so i worked out selling a coaster or badge for £3.50 and postage £1.80 (business accounts wont need to use tracked to get money right away) would make total for buyer £5.30

 

this will also have more chance of selling as the price has not been bumped up for the buyer with fees and postage can still be 2nd class

 

minus the 11.9% selling fee as it comes off postage too which i find totally wrong but anyway...and take away listing fee thats £4.31..take away postage i will need to pay from that would leave £2.51 i think or £2.76 not taking into account envelope cost etc

 

so while profit maybe same or a tad less it still maybe better business account because more chance of selling due to price i list item for being what the buyer sees and postage lower.

Message 428 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

Thought you could use your pending funds to pay for postage?

Message 429 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

you can but only for the exact cost to post not for what i do and charge for packaging since someone has to pay for it so why should i. we should be allowed to charge extra for packaging materials. which is really what i meant.

 

some people sell small things and think they have made such and such profit when they do not take into account packaging material

Message 430 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

You can charge what you want for postage fees, you put them in when you list your item!

Message 431 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

But are you competing with a business seller ?  or are you selling unwanted personal possesions ?

 

Business sellers have business costs - private sellers do not have business costs otherwise they would be a business?

 

purchase costs - often paid before they sell - 30 days credit in UK , from overseas - payment up front and  to obtain prices to allow us to compete we have to buy in thousands of items - literally some items 50, 000 at a time and we do not sell 50,000 in 30 days !

 

Storage fees - we use containers, forklift fees, Customs duty, freight charges , foreign agent fees, 

Postal equipment, offices, phones, business internet, accountants, book keepers, 

 

Forced returns, employees, nat insurance , pension contributions, sick pay, holiday pay,  compliance certification, testing  - the list goes on and the costs go upwards !

 

Then the sale  price is dictated by the market - it is not guessed !

 

ebay fees,  VAT, corporation tax, liabilty insurance both product and public, 

 

Luckily business sellers do not have to compete with private sellers who are not a business and do not therefore have the business costs 

 

 

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Re: Your funds will be available for payout once we receive delivery confirmation

I can see what it related to, but I think buyer's at auction will not be happy if the postage price suddenly goes up and will blame the seller for this. If I list something and expect it to reach £25 and it sells for £75, I am more than happy to swallow the extra postage cost/insurance when posting. 

Message 433 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

No don't get a business account as that's what they are wanting everyone to
do. What I do is buy my postage online from Royal Mail and then enter the
tracking number on the eBay order & mark as dispatched. The tracking number
will show it's delivered both on eBay & the Royal Mail tracking & trace
website. I send lots like this & have to say 99.9% show successful
delivery. Royal Mail have a simple claim form if it goes missing & all the
other couriers make it impossible to claim. We all know buyers don't leave
feedback & we know eBay won't go out of their way to find deliveries have
taken place. A 2nd class small parcel costs £3.25 & I have a £1.50 postage
charge on all orders so the buyer is contributing to the postal or offer
free post but increase the item price. If you buy postage online you'll
always have a tracking number even on a small letter. ♥️♥️
Message 434 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

I would not disagree with you in anyway - your point is valid and thought provoking !  I can imagine that if the carrier charges increased it would cause a lot of indignation !

 

How do you think it would work on an auction ?

 

Start price with a delivery price shown seperately ? or  the start price including the delivery as a lump sum or the start price with a statement that the carriage type and cost to bechosen by the winning bidder ?

 

I can't seem to get my head round how it might work in practice !

Message 435 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

Agree. You don't have to use simple delivery but it's important to enter
the tracking number from whichever carrier. I buy my postage from Royal
Mail online & manually enter the tracking on eBay. It's exactly the same as
if I purchased through eBay postage. The delivery updates on eBay exactly
the same way. I only used packlink & evri once as they deliver so slowly &
it's almost impossible to claim loss.
Message 436 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

I never get a tracking number for a small letter, only receive proof of postage if I ask for one? How do I get a tracking number instead of a proof of postage slip?

Message 437 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation


@sheffieldsvintage wrote:

I never get a tracking number for a small letter, only receive proof of postage if I ask for one? How do I get a tracking number instead of a proof of postage slip?


It should be on your proof of purchase. 

Message 438 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

NOPE totally wrong and i would check it if i was you. simple delivery EBAY are the ones who decide what the buyer pays for postage. sellers can only select what services the buyer can choose...PRICE will nolonger be a option for sellers to change

Message 439 of 1,078
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Re: Your funds will be available for payout once we receive delivery confirmation

actually come march you will have to use it as its being made mandatory. we can only opt out in feb but march which is Q1 is when its being set in stone for every private seller

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