eBay - faster payouts & lower bpf

se2020

Had an email from ebay this morning. 
(I am a private seller)

From 6th Aug funds are to be released within 24hrs of the buyer making payment. 

The fixed portion of the buyer fee is reducing to 10p.

Only 1 fixed fee for multiple purchases of the same item. 

Sliding scale of a % fee according to item price.


The only downside I can see with this is that I spent hours on my listings calculating and changing prices to show nice round amounts so I guess I'll have to do all that again. 

They are introducing a caculator for sellers for the bpf. Hopefully it will integrate into the 'list an item' page rather than be stand-alone.
Ie, I'd rather input a listing price of 19.99 then it tell me I'll receive 18.20 or whatever. 

GadgetGuru

Some new changes starting 6th August.....

Starting from 6 Aug, you’ll receive your funds in your eBay balance within 24 hours of the buyer paying. This will automatically apply for orders completed after 6 Aug so nothing more for you to do as a seller. 

Guessing they scrapped the 2 days after delivery idea....?

Also the buyer fee's are reducing, which helps reduce sellers overall price. 
- A flat fee of 10p per item - down from 75p
- 7% of the item price up to £20
- 4%  of any portion of the item price from £20 to £300
- 2% of any portion of the item price from £300 to £4,000
- No fee for the portion above £4000

That could get a bit confusing so eBay are also introducing a calculator that can be used to calculate the buyers fee portion so that you can price accordingly......

steviebabes

Yet another sign that they are struggling to keep sellers.

se2020

It's only a reduction of 5p on a £20 or more item.

Has a bigger impact the more below £20 you gi

soolin

Any movement with costs is a benefit, so I'm happy to take the reduction in fees. 

GadgetGuru

Im more happy with the quicker release of funds.

Coveredinbees!!!!

I had pretty much stopped selling once the buyers fee came in as most of my stuff was low value so got hit the most.

jeffuk

This was also in the email at the bottom.

You may have heard that we recently introduced Simple Delivery, an easier and more secure delivery solution. As a reminder, from 6 Aug, any eligible live listings that aren’t yet using Simple Delivery will switch to this delivery option. In some cases, you may see a change to the courier you selected when listing your item. If you have a preference between Royal Mail and Evri, you can set your preferred courier in your Postage Preferences. There may also be cases where the cost of postage varies from what was initially shown. You can find out more about the rates on our Simple Delivery page.

TimeLord1

Stability: Stick to a plan and run with it. Well, it's more of a backwards stance with faster payouts. Umm, yep, they've done that, zero buyer fees; they've done that. We've listened to you lot again; they've done it. 

Well, if they continue to step backwards, maybe eBay will be fun again! 

Personally, holding money after delivery is wrong, especially if you spend it on the site again. 


I discovered my first multiple drop boxes today make sure you push the parcel to drop in the bin because I found two just sitting there.

rollingmoon

jeffuk said:

This was also in the email at the bottom.

You may have heard that we recently introduced Simple Delivery, an easier and more secure delivery solution. As a reminder, from 6 Aug, any eligible live listings that aren’t yet using Simple Delivery will switch to this delivery option. In some cases, you may see a change to the courier you selected when listing your item. If you have a preference between Royal Mail and Evri, you can set your preferred courier in your Postage Preferences. There may also be cases where the cost of postage varies from what was initially shown. You can find out more about the rates on our Simple Delivery page.

If/when they bin this off I'll start selling again.

soolin

rollingmoon said:

jeffuk said:

This was also in the email at the bottom.

You may have heard that we recently introduced Simple Delivery, an easier and more secure delivery solution. As a reminder, from 6 Aug, any eligible live listings that aren’t yet using Simple Delivery will switch to this delivery option. In some cases, you may see a change to the courier you selected when listing your item. If you have a preference between Royal Mail and Evri, you can set your preferred courier in your Postage Preferences. There may also be cases where the cost of postage varies from what was initially shown. You can find out more about the rates on our Simple Delivery page.

If/when they bin this off I'll start selling again.

You can already opt out of either RM or Evri - if you leave both though then the postage cost, regardless of which is chosen, is much cheaper overall. 

I've mentioned it several time but the reduction in postage costs for the buyer has given me a lot of sales on lower end parcel size items that i couldn't shift before.