The eBay UK Bulletin: Issue 215, 22nd March 2011
Topics in this issue:
1. eBay news – Simplified fees or 32% hike?
2. Duplicate listings less attractive
3. Paypal spoof
4. Ask Molly – What’s wrong with my stock levels?
Hello and welcome to this week’s edition of The eBay UK Bulletin
Molly finally found the time to downgrade ‘The Mollybol Shop’ to the basic level. With active listings now around 130 the ‘featured’ option no longer made sense. Added to this the announcement from eBay that basic level shop listing fees will drop to 10p from May it should add up to a few extra coffees each month in saved fees.
All the news around eBay is centred on the new pricing structure, which will of course be brought to you along with a little humour over the coming weeks; read on for my initial thoughts.
[For details of this newsletter, please scroll down to the end.]
1. EBAY NEWS – SIMPLIFIED FEES OR 32% HIKE?
It is that time of year again, well every six months actually, when eBay help everyone out by simplifying the fee structure. It is not good news for the Elves as the new ‘simplified pricing’ is to be implemented most noticeably in the clothing category. Actually as the Elves still don’t actually pay any of their fees it is bad news for me!
>From May the ‘final value fee’ for BUSINESS SELLERS listing in the ‘Clothing, Shoes & Accessories’ category will rise from 8.75% to 12%, a nice, round, easy to remember number. This will of course make calculating your total costs a lot easier.
On an item selling for £100 the difference between £8.75 and £12.00 equates to a 32% rise, again this is an easy number to remember.
The final value fees for other categories will also change to remove the sliding scale of fees as follows:
Final value fees from May:
Clothing, Shoes & Accessories 12%
All Other Categories 10%
Come on guys, we expect prices to go up, just give it to us straight.
Note to Elves:- switch to another category or you don’t get the heating switched on in the shed!
Add to this new pricing structure the impact of competition, rising cost of cotton and other materials, postage increases, distribution costs including fuel and the UK VAT increase, and you can expect to see a lot more clothing on market stalls and not on eBay.
Oh and just one more thing – the Powerseller discount currently given to ‘Above Standard’ sellers will disappear from May. Only eBay Top-rated sellers will continue to get up to 30% discount on final value fees.
Full details – http://sellerupdate.ebay.co.uk/may2011/fee-changes.html#list3
2. DUPLICATE LISTINGS LESS ATTRACTIVE
The duplicate listings policy on eBay is quite strict with only one fixed price BIN listing allowed for an item. You can, however, have up to 15 auction-style listings for the same item. The current solution to this problem is to have the listing running in ‘auction style’ with a BIN option at the same price. This costs a little more in fees but gives better coverage in search results.
Things are about to change.
“If you create an auction-style listing with Buy it now, you must have a 40% difference between the Buy it Now price and the auction-style start price. For example, if you list an item in auction with a start price of £10, you’ll not be able to put a Buy it Now price lower than £14.”
Fees for this option will also increase in May
BIN Price ** (Current) ** New fee
£0.99-4.99 ** (£0.05) ** £0.08
£5.00-14.99 ** (£0.10) ** £0.15
£15.00-29.99 ** (£0.15) ** £0.22
£30.00+ ** (£0.25) ** £0.38
Duplicate fixed price listings will be automatically ended, even ones which are slightly different; this should be one to watch out for.
Find out if you have any duplicate listings by using the tool located on this page – http://sellerupdate.ebay.co.uk/may2011/duplicate-listing-policy.html . It is in the section titled ‘What are duplicate listings?’
3. PAYPAL SPOOF
I just have space to squeeze in a short PayPal spoof. This one comes in the form of a notification of payment, £179, which grabs your attention. It is structured along the lines of a real e-mail but then has this huge ‘cancel payment’ button. The idea is of course for you to disagree with the notification and try to cancel the payment.
Just ignore anything like this, for one thing PayPal will address an e-mail to you, scammers don’t know who will receive their spoof and so have to address it to ‘PayPal client’.
Hello PayPal Client,
You sent a payment of 179.00 GBP to RapidShre Online (email@example.com)
If you haven’t authorized this charge, press cancel payment and get a full refund.
Instructions to merchant
You haven’t entered any instructions.
Shipping address – Unconfirmed
The seller hasn’t provided any postage details yet
RapidShre – GBP 179.00 – Rapid Points – Unit price 179.00 GBP, QTY – 1, Amount – 179.00 GBP
Charge will appear on your credit card statement as ‘PAYPAL *RAPIDSHRE’
Payment sent to firstname.lastname@example.org
CANCEL PAYMENT button
Please keep the spoofs coming – Mollybol@ebaybulletin.co.uk
4. ASK MOLLY – WHAT’S WRONG WITH MY STOCK LEVELS?
I just wondered if you had experienced, or heard of, this problem before.
We have over 100 listings on our eBay shop and we continually update our stock – when we have more items delivered, etc.
We’ve been experiencing HUGE problems with the stock management. We go into each listing to change the stock and then a week later, it’s wrong. We don’t understand how eBay cannot keep records of our stock when we adjust it. But we don’t know how to make the situation better.
It’s one of our biggest problems and very time-consuming. Have you or your readers any ideas at all as we’re tearing our hair out.”
bymonty – http://stores.ebay.co.uk/largemensshirts?_trksid=p4340.l2563
I have not noticed this myself although my numbers are usually incorrect as inventory management is not my strong point.
I did notice that you are primarily selling in the clothing category – ouch!
If anybody out there has a solution, please contact ‘bymonty’ or Molly – Mollybol@ebaybulletin.co.uk
If you have a question about eBay or home working in general, please send it to: email@example.com – I will reply personally to every e-mail I receive and remember, there are FREE copies of my book available for the best questions, tips, or stories.
– END NOTE –
That’s all for this week. Check out www.ebaybulletin.co.uk for the latest news from Molly HQ.
A big week at HQ as the wireless broadband connection is finally replaced with a direct link to the router; it only took me six years to arrange. This simple job was beyond me even given my past in the world of telephone provision. Those readers who know me will echo the fact that I am a poor engineer, I just get bored halfway through a task and lose my
Best wishes and happy eBaying
Author of the bestselling title, ‘The eBay Business Handbook’ – available direct from the publishers: www.harriman-house.com/ebaybusiness