eBay "Buyer Protection Fees" (New charges for buyers from private sellers) - Details just recieved

noitsnotme

RFW said:

noitsnotme said:

waqasahmed said:

Just found out about this now, and even as a seller this is honestly ridiculous. I had something on for £129.99 with free delivery 

Now the point there is that £129.99 has a psychologically better price than £130.00. Now that eBay is doing this, it added £5.91 to the price

I actually prefer the older way even as a seller where the seller pays the fees because that way, you can set nice, easy to read prices instead of this bs. I know they're trying to copy vinted but eBay isn't vinted 

So set your price at £124.27 which should then end up at £129.99 once the buyer fee is added.  That's no different to the seller paying the fee, you just have to do a few extra calculations (took me about 10 seconds).

I'm a business seller so no way of checking but I'm curious and thought it may be a useful question to be asked:
do you see the selling price before the item is listed or do you have to wait until it's live and then adjust it?

Not sure if you meant to quote me but I haven’t listed anything in the electronics category yet so don’t know.

RFW

noitsnotme said:

RFW said:

noitsnotme said:

waqasahmed said:

Just found out about this now, and even as a seller this is honestly ridiculous. I had something on for £129.99 with free delivery 

Now the point there is that £129.99 has a psychologically better price than £130.00. Now that eBay is doing this, it added £5.91 to the price

I actually prefer the older way even as a seller where the seller pays the fees because that way, you can set nice, easy to read prices instead of this bs. I know they're trying to copy vinted but eBay isn't vinted 

So set your price at £124.27 which should then end up at £129.99 once the buyer fee is added.  That's no different to the seller paying the fee, you just have to do a few extra calculations (took me about 10 seconds).

I'm a business seller so no way of checking but I'm curious and thought it may be a useful question to be asked:
do you see the selling price before the item is listed or do you have to wait until it's live and then adjust it?

Not sure if you meant to quote me but I haven’t listed anything in the electronics category yet so don’t know.

It was a question to anyone but from your comment it looked like you'd listed something.
So from your comment, if you list something at £124.27 does the listing show you that the buyer price will show as £129.99 when the listing goes live?

noitsnotme

RFW said:

noitsnotme said:

RFW said:

noitsnotme said:

waqasahmed said:

Just found out about this now, and even as a seller this is honestly ridiculous. I had something on for £129.99 with free delivery 

Now the point there is that £129.99 has a psychologically better price than £130.00. Now that eBay is doing this, it added £5.91 to the price

I actually prefer the older way even as a seller where the seller pays the fees because that way, you can set nice, easy to read prices instead of this bs. I know they're trying to copy vinted but eBay isn't vinted 

So set your price at £124.27 which should then end up at £129.99 once the buyer fee is added.  That's no different to the seller paying the fee, you just have to do a few extra calculations (took me about 10 seconds).

I'm a business seller so no way of checking but I'm curious and thought it may be a useful question to be asked:
do you see the selling price before the item is listed or do you have to wait until it's live and then adjust it?

Not sure if you meant to quote me but I haven’t listed anything in the electronics category yet so don’t know.

It was a question to anyone but from your comment it looked like you'd listed something.
So from your comment, if you list something at £124.27 does the listing show you that the buyer price will show as £129.99 when the listing goes live?

I was just working it out based on the known fees, I’ve not actually seen it myself.

Fees are 4% plus 75p I believe.  To work it out start with the price you want the buyer to see, subtract 75p and then divide by 1.04.

So £124.27 x 1.04 + £0.75 should show as £129.99 if my calculations are correct.

RFW

noitsnotme said:

I was just working it out based on the known fees, I’ve not actually seen it myself.

Fees are 4% plus 75p I believe.  To work it out start with the price you want the buyer to see, subtract 75p and then divide by 1.04.

So £124.27 x 1.04 + £0.75 should show as £129.99 if my calculations are correct.

I've seen it worded by Ebay that sellers don't need to worry about it and they'll look after the pricing. That seems a massive change from how they've done things in the past. If I was doing it I'd have some way of showing the selling price on the listing page that could automatically change as you adjust your own selling price, so with your example you'd be able to adjust the £124.27 up and down to  see it gets to exactly £129.99. Knowing Ebay though they'll probably work that out in a couple of years, about a fortnight before they scrap the whole idea!

Spoonie_Turtle

RFW said:

noitsnotme said:

I was just working it out based on the known fees, I’ve not actually seen it myself.

Fees are 4% plus 75p I believe.  To work it out start with the price you want the buyer to see, subtract 75p and then divide by 1.04.

So £124.27 x 1.04 + £0.75 should show as £129.99 if my calculations are correct.

I've seen it worded by Ebay that sellers don't need to worry about it and they'll look after the pricing. That seems a massive change from how they've done things in the past. If I was doing it I'd have some way of showing the selling price on the listing page that could automatically change as you adjust your own selling price, so with your example you'd be able to adjust the £124.27 up and down to  see it gets to exactly £129.99. Knowing Ebay though they'll probably work that out in a couple of years, about a fortnight before they scrap the whole idea!

But the point was, private sellers wouldn't have to think about it.  They just list for how much they want for it, and eBay adds the fees.

I genuinely don't know whether in reality private sellers have to think about being competitive.  Maybe they do, especially if they have a certain brand of shoes hardly worn, or designer clothing, or a niche item for which there is a limited market.  It seems though that eBay assume only business sellers have to worry about competitive and psychological pricing.

savergrant

RFW said:

noitsnotme said:

waqasahmed said:

Just found out about this now, and even as a seller this is honestly ridiculous. I had something on for £129.99 with free delivery 

Now the point there is that £129.99 has a psychologically better price than £130.00. Now that eBay is doing this, it added £5.91 to the price

I actually prefer the older way even as a seller where the seller pays the fees because that way, you can set nice, easy to read prices instead of this bs. I know they're trying to copy vinted but eBay isn't vinted 

So set your price at £124.27 which should then end up at £129.99 once the buyer fee is added.  That's no different to the seller paying the fee, you just have to do a few extra calculations (took me about 10 seconds).

I'm a business seller so no way of checking but I'm curious and thought it may be a useful question to be asked:
do you see the selling price before the item is listed or do you have to wait until it's live and then adjust it?

I think the idea is the seller chooses how much they will accept, then Ebay adds its commission and I'd the buyer is prepared to pay then the sale happens. For a private seller clearing out unwanted items what the buyer has actually paid is largely irrelevant, of course judging what soneone might be prepared to pay is a key part of selling. For example if there are hundreds of "fifty shades of grey" listed for £5 it used to make sense to list yours at £4.95, but now the price you see others listed for isn't the price the seller has requested, so if you list yours at £4.95 it will be more expensive than all the others....

savergrant

RFW said:

noitsnotme said:

waqasahmed said:

Just found out about this now, and even as a seller this is honestly ridiculous. I had something on for £129.99 with free delivery 

Now the point there is that £129.99 has a psychologically better price than £130.00. Now that eBay is doing this, it added £5.91 to the price

I actually prefer the older way even as a seller where the seller pays the fees because that way, you can set nice, easy to read prices instead of this bs. I know they're trying to copy vinted but eBay isn't vinted 

So set your price at £124.27 which should then end up at £129.99 once the buyer fee is added.  That's no different to the seller paying the fee, you just have to do a few extra calculations (took me about 10 seconds).

I'm a business seller so no way of checking but I'm curious and thought it may be a useful question to be asked:
do you see the selling price before the item is listed or do you have to wait until it's live and then adjust it?

As I understand it you can't see the 'buyer's price' yourself, you'd need to login with a different account and search for it. It will be interesting to see if 'what the buyer paid' shows it once it's sold....

savergrant

RFW said:

noitsnotme said:

RFW said:

noitsnotme said:

waqasahmed said:

Just found out about this now, and even as a seller this is honestly ridiculous. I had something on for £129.99 with free delivery 

Now the point there is that £129.99 has a psychologically better price than £130.00. Now that eBay is doing this, it added £5.91 to the price

I actually prefer the older way even as a seller where the seller pays the fees because that way, you can set nice, easy to read prices instead of this bs. I know they're trying to copy vinted but eBay isn't vinted 

So set your price at £124.27 which should then end up at £129.99 once the buyer fee is added.  That's no different to the seller paying the fee, you just have to do a few extra calculations (took me about 10 seconds).

I'm a business seller so no way of checking but I'm curious and thought it may be a useful question to be asked:
do you see the selling price before the item is listed or do you have to wait until it's live and then adjust it?

Not sure if you meant to quote me but I haven’t listed anything in the electronics category yet so don’t know.

It was a question to anyone but from your comment it looked like you'd listed something.
So from your comment, if you list something at £124.27 does the listing show you that the buyer price will show as £129.99 when the listing goes live?

Noitsnotme was quoting someone else, who said that eBay had inflated the price of an item they had deliberately set at the £129.99 price point.
But it all comes down to balancing 'how much do I want for it?' against 'how much do I want to see it gone?'

soolin

It is an interesting discussion about setting prices, but I think it needs to be remembered that this only applies to private sellers who by their very nature are only selling unwanted items. Yes I accept they still need to be competitive but all private sellers will be in the same position, so for that niche second hand item they will on most occasions be selling against other private sellers. I realise that is over simplified as I have several categories I sell in as a business that is flooded with ‘private’ sellers who might not want to stand out as being incorrectly registered and show odd selling prices. 

So if they see others listed for say £130 then they can work backwards to work out how much they need to list for to get below that. Or just, as has been suggested, set at the price they want, set best offer and hope for the best. 

There may be occasions where a truly private seller is up against a business seller, but ultimately the same logic applies, work backwards . After all when private sellers paid FVFs they already had to do a bit of reverse math to work out what they needed to list at to achive the money in their pocket they wanted. 

I suspect the losers on this are likely to be the unregistered business sellers who if their items suddenly show as say £133.56 will stand out like a sore thumb against business sellers who list in round numbers, or the £x.95p format. 

I also suspect that if a few weeks all private sellers will be able to work out in their head what a start price needs to be to achive a good looking ‘round’ number , anyone used to B and M auctions can do that the other way round and know exactly what their £30 bid actually costs after buyer premiums and other costs. 

Perhaps even a cheat threat on here? Show the listing prices for popular amounts against the price a private seller has to list for. I was thinking along the lines of showing it like ‘to show a sale price to buyer of £9.99 list at xx…and so forth.

Money_Grabber13579

It seems that this has all been driven by a desire by eBay to increase their profits, as fees payable under this model are likely to be significantly higher. I had got into the habit of only listing items on a discounted listing weekend which meant I probably paid fees of about 3%. So can only see this resulting in even lower selling prices/rates than before…