eBays Latest Fee Increases--Is this the beginning of the end?


On January 13, eBay sellers received an unwelcome announcement from eBay. Fees were going up.

Partly due to our tendency to "skim" messages and partly due to the way in which the announcement was worded, the result was widespread panic and threats of mutiny.

Many sellers started to "boycott" eBay, and began taking their business to places like Yahoo auctions, and Overstock.com. After issuing another email "clarifying" the price increases, eBay finally sent everyone a "Message from Bill Cobb" on February 6.

Bill Cobb, who became President of eBay North America in December of 1004, stated that he'd been "taking it all in" and "thinking hard about how we can make sure eBay remains a fun, safe place to trade, and a prosperous home for our many dedicated sellers."

Cobb addressed the issue of fee increases, and concerns about customer support, trust and safety, and frequency of changes to the site.

Cobb also promised a number of improvements to customer service, a credit for store sellers and a reduction in the minimum insertion fees for auction style and fixed price listings. He even gave readers his email address and invited comments, promising to read every one of them!

The Bottom line here is that the most significant changes made will affect eBay Store owners. But Store items are offered at a price determined by the seller, so increased costs can be passed along to the buyer. This is what "real world" businesses do all the time. The cost of doing business rarely goes down and Business people learn to expect increases in overhead.

The reason for raising the "But it Now" listing fee is that eBay wants sellers to think harder about how they set prices in this category. Too many have been unrealistically high, which means merchandise doesn't turn over. It becomes "stale". eBay wants to see a fluid market, with quick turnover and fresh merchandise appearing all the time.

The Gallery image feature has gone up in price by about 30%, but the size of the image is being increased by 56%. Pictures sell products, and larger pictures mean that shoppers can see more details. I really don't see this as a bad thing.

If you haven't invested in eBay stock, now might be a good time (eBay intends to split shares on Feb.18). Investors are panicking over eBay's announcements, and their less than stellar 4th quarter 2004 performance in part due to major investments in China.

The dooms-dayers say the "bloom is off the eBay rose". I beg to differ. eBay is still the largest online auction venue, accounting for more volume than all of their competitors combined. There's no way eBay is going away, and it won't be long before sellers realize that business will go on as usual.

You can still make a great living on eBay, whether full or part time.

Carolyn Schweitzer is a retired dentist, eBay Powerseller, and ownner/editor of several websites. You can read the full article plus view eBay's price announcements and the letter from Bill Cobb at www.netbrainer.com/site/500041/page/473364">http://www.netbrainer.com/site/500041/page/473364


MORE RESOURCES:
Auction Date: Tuesday Jul 11, 2017 3:00 PM

Quality Furnishings, Collectibles, Lawn Tractor, Tools & More! Call For More Information!

Sohn & Associates, Ltd.

Auction Date: Tuesday Jul 25, 2017 5:30 PM

Attached In Law Apartment! Finished Basement! Huge Main Level Master Suite! Showing: Sun. July 16th 12 2 or Call

Sohn & Associates, Ltd.

Auction Date: Saturday Jul 29, 2017 9:00 AM

Nice 3 Bed,1.5 Bath Brick Home w/ Full Unfinished Basement Plus: Antiques, Modern Furniture, Collectibles, Toys, Tools & More! Showing: Sun. July 16th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Wednesday Aug 2, 2017 5:30 PM

Outstanding Posey County Location Close to Evansville! Gibson Water Available! Approved for Septic!

Sohn & Associates, Ltd.

Auction Date: Saturday Aug 19, 2017 9:00 AM

Fantastic Scott Twp Location! 5,300+/ Finished Square Feet! Attached & Detached Garages! Incredible Potential Building Site! Showing: Sun. August 6th 12 2 PM & Wed. August 9th 4 6 PM or Call

Sohn & Associates, Ltd.

Auction Date: Thursday Jul 27, 2017 1:00 PM

Auction Location: First Federal Saving Bank Operations Center 4920 Davis Lent Dr, Evansville, IN Prime Investment Opportunity, Perfect for office, Rtail, Church, School, Conference Center & More! Showing: Mon. July 10th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Wednesday Jul 26, 2017 5:30 PM

The home has a large living room with wood stove, kitchen and dining area, two bedrooms, bath, enclosed back porch overlooking the Ohio River, one half unfinished basements and a four car/boat garage. Showing: Sun. June 25th from 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Thursday Jul 20, 2017 5:30 PM

Offers 1,960 +/ sqft Large backyard, 2 car detached garage w/storage room and the beginnings of a basement/garage in the back. Showing: Sun. July 9th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Sunday Jul 23, 2017 9:30 AM

Sale at the Hecker Community Center Pavilion as no parking at home location in Red Bud.

Burmester Auction Service

Auction Date: Saturday Jul 8, 2017 10:00 AM

PRIMITIVES, 500+ DIE CAST & MODEL CARS, CROCKS, ETHAN ALLEN, VINTAGE CHILDRENS TOYS & GAMES, BOOKS, MORE MORE MORE

Abernathy Auction and Real Estate Co.

Auction Date: Wednesday Jul 19, 2017 4:00 PM

Personal Property selling @ 4 PM Real Estate selling @ 5:30 PM Nice Location Just E of Boeke! 928 +/ SQFT No Buyers Premium Phone & Absentee Bidding Available Showing: Sun. July 9th 12 2 PM or Call

Sohn & Associates, Ltd.

Auction Date: Tuesday Jul 18, 2017 5:30 PM

Zoned R2 704 +/ SQFT Nice Location Convenient to UE Fenced in Lot Showing: Tues. July 11th 4 6 PM or Call

Sohn & Associates, Ltd.

Auction Date: Friday Jul 14, 2017 5:30 PM

Main floor offers over 2,150+/ sqft. Features include vinyl replacement windows, Amana high eff furnace, new 200 amp service, a 2+ car attached garage, basketball goal, 4 year old roof & more! Showing: Thurs. July 6th 4 6 PM & Sun July 9th 12 2 PM

Sohn & Associates, Ltd.

Auction Date: Thursday Jul 13, 2017 6:00 PM

Fronts Along IN62 & Indian Mounds Rd, Just East of Mt. Vernon Auction will be held at site Quality Tillable Soils, Road Frontage on 2 Sides & Investment or Development Potential! Showing: July Thurs. July 6th from 12 noon to 2PM

Sohn & Associates, Ltd.

Auction Date: Wednesday Jul 12, 2017 5:30 PM

13 Acres Incl Heavily Wooded Area; 1,937 sqft. mobile home w/3 bedrooms, 1 & 1/2 baths, eat in kitchen, great room & laundry area; Concrete building has office & storage, bedroom, bonus room, office, full bath; 3 outbuildings; Appliances included.

Sohn & Associates, Ltd.

Auction Date: Saturday Jul 8, 2017 9:00 AM

New Door and Windows Offer Furniture and Equipment, Two Box Truck, Pick Up Trucks, Yard Barn, Assorted Hardware, Office Items & Much More!

Sohn & Associates, Ltd.

Auction Date: Saturday Jul 1, 2017 9:00 AM

Real Estate will be sold at 12 noon. Nice 3 Bed,2 Bath Brick Home; Household Furnishings, Collectibles, Tools & Much More!

Sohn & Associates, Ltd.

Auction Date: Saturday Jun 24, 2017 9:00 AM

Ford Roadster, Advertising Signs, Coins, Collectibles, Furniture, Glass, Antique Slot Machine & More! Online Bidding Available at www.Proxibid.com/Sohn

Sohn & Associates, Ltd.

reverseretina.com ©