Thread: Power sellers on the 4?

^^^facebook, and word is they will tackle their marketplace next.^^^

Originally Posted by Aimee

^^^facebook, and word is they will tackle their marketplace next.^^^

Would make sense, you can essentially wipe out fraud once the persons real name is tied to something.

Has anyone done business with these people?

Liquidation Products, Wholesale Merchandise, Closeouts, Overstock, Liquidation Items

I sell jewelry on eBay. Big supplier of David Yurman jewelry. Since most of my auctions are $300+, I give eBay a shitload in fees. eBay used to cap out at $50 in fees but now it is $100 so my fees are usually 12% (9% eBay cap at $100 + 3% paypal). I have about 1500 feedback been doing it for a while. Recently got my powerseller taken off because I was on a break and now I am back in it.

Originally Posted by Stance

the shipping fee is added to the final value of the item and ebay's "final value fee" is a percentage of that. So say you're selling an item for 90.00 and charge 10.00 in shipping, well ebay will charge you fees based on a $100.00 item.

$1.00 for a listing fee
and a final value fee of 9% or $9.00

Paypal kinda confuses me because they charge 2.9% + .30 cents but it's only from customers that use credit or debit cards...ummm,ok?..I thought all paypal transactions were credit based?..

So that's $3.20 in paypal fees

Your total fees are $13.20 cents..or something close to that...for a 100.00 item sold on ebay.

Once you calculate the cost of packing supplies, labor (if any) it's even more..

Amazon isnt any better.

They give you postage credit but for example an xbox 360 super elite costs about £8 to post and Amazon credit me with £2.80. But i cant simply add £5.20 to my price because that puts me higher than the next guy, so I dont get the sale. So ive lost £5.80 already.

Then they charge fees then they charge VAT on their fee's, it works out around 25% in charges (inc postage).

When your profit margin is around 30% before fees it means you make 5% per item which is generally what i make. Fortunatly i sell lots a day.

This is why books are better than electronics, i buy books for about 9p each on average and they sell for around £8 each.