Resetting the Balance of the eBay Marketplace
EBay store owners should read eBay’s latest announcement regarding eBay Stores fees and functionality changes effective August 22, 2006.
These Store Inventory format insertion fees take effect August 22, 2006:
Starting Price New Insertion Fee Current Fee $0.01 -- 24.99 5¢ 2¢ $25.00 and higher 10¢ 2¢
Some Store Inventory format final value fees also will also increase, effective August 22, 2006:
Selling Price New Final Value Fee Current Fee $0.01 -- 25.00 10% 8% $25.01 -- 100.00 7% 5% $100.01 -- 1,000.00 5% (no change) 5% $1,000.01 and higher 3% (no change) 3%
The bottom line is that store fees will most likely at least double your monthly operating expenses.
We advise any eBay Store owners to carefully look over your expenses and make any needed changes by August 22nd.
Also, we’d love to hear what impact this has had on how you conduct your eBay business.
Related Stories: EBay to Boost Online Store Fees (via Wired)