Question for all you experts!

Minimoneysaver_2

Question

How much would I have to pay for an item for e-bay to have made at least £1 out of that transaction? For example would I have to buy something for at least £10, £5? Hope you can help me!!!:D

Thanks in Advance

MMS

steviebabes

Hi, it's not that simple these days as some categories attract higher final value fees than others. As an average ebay takes about 10% including listing & final value fees so £10 would be about right.

Hintza

steviebabes wrote: »

Hi, it's not that simple these days as some categories attract higher final value fees than others. As an average ebay takes about 10% including listing & final value fees so £10 would be about right.

Low priced items by the time you have paid all your fees (listing, photo, fvf and paypal) I reckon it is nearer the 20-25% mark. For low value items you really need to have a good margin to get it to work. Obviously this percentage decreases as the value increases.

In saying all that I'm not actually sure I have understood the question. But at the end of the day if you are selling something for say £4-£5 you will probably be looking to have paid less than £2.50 and shift them in reasonable numbers to make it work.

Hope I have got the gist right.

rightz

Way too much in my opinion. Tried to launch a business on ebay and fees were way too high!

As others have said above there are percentages. Best you can do is look in ebay help files.

soolin

Hmm, can I please ask the OP to expand on their question? It could be read that they are a buyer who is looking to make money using Quidco or one of the other cash back sites as they refer to how much they need to spend to get £1..but then I might just be horribly confused. (No difference there then I hear you say!)