99p starting price query

BargainJunky

I have a load of boys clothes which I was planning to take to one of the clothing places where you weigh the stuff and come away with pennies! If I was to list some of the better items on ebay at a start price of 99p (plus postage) and they were to sell at 99p how much would I actually receive once ebay and paypal have taken their share (I was thinking along the lines of ebay 10p and paypal 5p but not 100% sure)

Crowqueen

eBay is a flat 10%, though some categories now charge 12%. So at worst it will be 12p for eBay fees.

Paypal take a flat 20p fee plus 3.4%, which is going to be 23-24p depending whether they round up or down.

So worst case, 36p. Best case 33p.

It might be worth opening a micropayments account where Paypal take only a flat fee of 5p but 5% (roughly 10p on a 99p sale). This only works out more expensive than a normal account once you reach payments of about £10, so for the sake of registering again, it would be a bit of a saving.

Don't forget postage and packing will be needed. You can charge for postage costs within reason but don't go buying individual jiffy bags from a retail outlet otherwise you will price yourself right out of the market. Charging say £2.20 for postage leaves you sending small packet, and mailing bags can be had in bulk for pence each (look to spend up to 20p per bag).