Wednesday, January 30, 2008

Ebay changes listing price

Under the old rules, for example, selling a purse at auction for $25 would have cost the seller $1.91, including 60 cents for listing the item plus eBay's commission of $1.31. Under the new structure, the seller would pay $2.74, including 55 cents to list the item plus a higher commission of $2.19.
EBay's commissions will rise on items auctioned for less than $1,000 or sold at fixed prices lower than $100, while eBay's cut on more expensive auction items will remain 1.5 percent. It will take less off the top of higher-end fixed-price sales - 2 percent or 4 percent, rather than 3 percent or 5 percent.
One of its main rivals in fixed-price sales, Inc., charges no fee at all to list an item, though it charges a commission as high as 15 percent.