EBAY is nothing but a horrible piece of CRAP! All they are is a search engine and they think they can charge sellers for listing an item then charge the seller about 10% for what the final sale price is "Final Value Fee (FVF)". On top of that they charge a fee of almost 10% for what I charge for shipping! WTF is that!
On top of it all eBay owns PayPal and they charge around 3% of the total sales cost. Do the math. After they take 13% of my money and not all that is mine because I have to ship (materials + time + travel+ cost) they are charging me though PayPal on the money I paid them on the FVF (Final Value Fee)
SCREW EBAY!!! This site is a joke!
To make things worst; the feds are cracking down to charge tax on PayPal users!! While eBay is holding sellers payments for almost a month.
eBay, once one of the mightiest dotcoms is now just a stupid company trying to fleece the punters. eBay shafted everyone back in January with their new fee structure 1,2,3. But that’s old news.
Like it or not, eBay is providing a service which you are under no obligation to use and they are free to charge what the hell they like, if you want to use it.
That said, here’s my beef.
Fees = L(x) + S(y) + P(y+z)
I recently sold an item on ebay for $35. Yippee!
However, here is the bill:
Listing fees 0.88
Selling fees 2.88
PayPal fees 1.58
Total fees 5.34
$5.34 commission on a sale of $35, that’s pretty steep at around 15%. But, I don’t really have a problem with that per-Se. The problem is really the way that is it done. The total fee of $5.34 is charged quite sneakily: firstly, it is split into three small fees, so psychologically it doesn’t seem that bad.
total fees = listing fees + selling fees + PayPal* fees!!!!!!
*eBay owns PayPal
I much frustrated at the fact that the final fee is NEVER mentioned in any correspondence. After you have sold an item you get an email saying “You’ve sold your item on eBay”, but there is no mention of the fees that you now owe them!
Even within the newly redesigned “my ebay” they are not AT ALL upfront about selling fees and how much you have paid to them. This information – should you decide you want to know what you have paid them – is hidden away deep inside your account details (“my account -> my fees -> view recent fees”).
Transparent? No.
Do they really think that no one notices these things?
On top of it all eBay owns PayPal and they charge around 3% of the total sales cost. Do the math. After they take 13% of my money and not all that is mine because I have to ship (materials + time + travel+ cost) they are charging me though PayPal on the money I paid them on the FVF (Final Value Fee)
To make things worst; the feds are cracking down to charge tax on PayPal users!! While eBay is holding sellers payments for almost a month.
eBay, once one of the mightiest dotcoms is now just a stupid company trying to fleece the punters. eBay shafted everyone back in January with their new fee structure 1,2,3. But that’s old news.
Like it or not, eBay is providing a service which you are under no obligation to use and they are free to charge what the hell they like, if you want to use it.
That said, here’s my beef.
Fees = L(x) + S(y) + P(y+z)
I recently sold an item on ebay for $35. Yippee!
However, here is the bill:
Listing fees 0.88
Selling fees 2.88
PayPal fees 1.58
Total fees 5.34
$5.34 commission on a sale of $35, that’s pretty steep at around 15%. But, I don’t really have a problem with that per-Se. The problem is really the way that is it done. The total fee of $5.34 is charged quite sneakily: firstly, it is split into three small fees, so psychologically it doesn’t seem that bad.
total fees = listing fees + selling fees + PayPal* fees!!!!!!
*eBay owns PayPal
I much frustrated at the fact that the final fee is NEVER mentioned in any correspondence. After you have sold an item you get an email saying “You’ve sold your item on eBay”, but there is no mention of the fees that you now owe them!
Even within the newly redesigned “my ebay” they are not AT ALL upfront about selling fees and how much you have paid to them. This information – should you decide you want to know what you have paid them – is hidden away deep inside your account details (“my account -> my fees -> view recent fees”).
Transparent? No.
By law, they should reveal all these fees associated with any transaction. If not, it is a federal violation. You are well within your rights to initiate a class action lawsuit, if you wish to pursue one.
ReplyDeleteWell,yYou may get $25 in check, for your efforts ;-) But, you would have proved a point...