Auction Power Guide

I sold 3 items on ebay so far and I was wondering when I would have to start paying some kind of fee because it says the first 50 items are free and i haven’t had to pay any fees yet. I’m kinda confused with the whole fees thing so of anybody could help that would be great. Thank you!

The promotion for listing the first 50 items for free applies to the insertion fee only. There will still be fees associated with your first sales (specifically called "final value fees", these fees are a percentage of your sales price and are billed after the item sells on your invoice). The specific terms and conditions for the promotion you referred to are found on this page (scroll down to where it says "free insertion fees": http://pages.ebay.com/help/sell/insertion-fee.html#free .

Like most bills, eBay fees are billed on a monthly cycle, and are due at the end of this period each month. You can view your current account information by going to the "Seller Account" page. Go to my.ebay.com and then hover on the tab "Account" found just above the main "active selling" portion of the page. Then, scroll down to "seller account" and click there. That will lead you to your account status showing any fees, balance, and payments. You can also access any invoices on the right by selecting the proper month and clicking "go".

i have an account already on ebay and have been buying stuff for 3 months on there i think. i want to start selling on there and i would sign up for paypal using my debit card. after i sign up for paypal what do i do to start selling on ebay?

btw, how much does ebay take away from you when you sell something? or when do they take away money and how much?

Read the "how to start selling" tutorial on Ebay would be my advice. There is a lot you need to learn and easy mistakes to avoid making. The sellers fees are listed clearly there, it depends on your starting price, whether you use Buy It Now or auction format etc. You may have to pay an insertion fee? Definitely a Final Value Fee (depends on the final selling price) and a fee to Paypal for accepting a payment. Bear these things in mind when selling :-

See how much similar items are selling for by "watching" one in My Ebay and check after the auction ends. It might not be worth your while bothering for low value items once the fees are paid.

Take a really good clear photograph to upload, don’t copy off the internet.

Weigh the item in its packaging before you work out the P&P, packaging can weigh heavy.

Heavy items do not sell well, people won’t pay a fortune for P&P so think before you sell esp. books which can be quite heavy.

Describe any defects/faults in full it saves having to issue a refund later on to an unhappy buyer.

Always get proof of posting stamped at the post office (this is free, not the same as registered post) because buyers can sometimes turn round and say an item never arrived. If you can scan/email proof of posting to them and have a clear refund policy stated on the auction this takes the wind out of their sales.

Always send expensive items by registered post only, choose that option from the list and sort out how much this is before you list the item.

Good communication is the key on Ebay, communicate with your buyers, answer questions promptly and keep them informed when you post the item.

What is the cheapest way but yet the most profitable way to go on ebay? doing auctions or just running a store. I have bought some things off ebay and have my paypal account but have never checked out the costs to get setup or how much time it takes. I’d love to hear from sellers on ebay to tell me what they think.

The basic eBay store subscription costs $15.99 a month. One advantage of an eBay store is the insertion fees for store inventory range from $0.05 to $0.10 for a one month listing. You can list multiple quantities of the same item for a single insertion fee. When you compare that with $0.20 to $4.80 for a single standard auction listing, it is a bargain.

The insertion fees may be cheaper, but the final value fee (FVF) charged when an item is sold from an eBay store is significantly higher. The fee is almost double the final value fee of a standard auction. For example, the FVF for a $100 item selling in an eBay store is $7.75. For an auction, the FVF is $3.75. This difference in FVF needs to be factored in when deciding whether to list an item as a store listing or as an auction listing.

The main disadvantage of using an eBay store is the store inventory only appears in the main search results when there are 30 or fewer auctions and fixed-price listings found. This means if you are trying to sell a very popular item in an eBay store, it will not will not be included in the standard search results. This makes it very difficult for buyers to find store items.

An eBay store works best if you have multiple quantities of the same item. The best strategy is to list one unit as an auction and list the rest in the store. When buyers see the auction listing, they may check the other items that are listed for sale by the seller. This list will include items from the seller’s eBay store. Buyers may chose to buy the unit out of your store instead of waiting for the auction to end.

Good Luck,
Bill
Visit http://www.newlifeauctions.com for more eBay tips.

I am currently very interested in making money for my future, therefore I have been interested in selling items on ebay to produce a healthy sum of profit. I am going to start selling things from the video game industry, (consoles, games, accesories). This is due to the fact that my interests lie in this region, however, I would like to know any other profitable things worth selling on ebay.

I wouldn’t suggest anyone to become a seller on eBay. The most important thing you need to know is: 1) eBay does a very poor job to enforce winning bidder to honor their bids. 2) you are always the last person who gets paid. First of all, you need to pay eBay insertion fee and final value fee. FVF only applies if your item is successfully sold. Second of all, you will be charge a PayPal transaction fee for payment processing service. Then you need to pay USPS, UPS, or DHL to deliver the item to the buyer. The left over amount, minus your cost and 15% of government tax, will be the actual amount that goes into your pocket.
Although eBay claims your item might be eligible for an insertion fee credit if your item didn’t sell or the winner didn’t honor the bid. However, you can only use it once. In order to be eligible for the insertion fee credit if your winner didn’t pay, you will need to first of all file an Unpaid Item dispute on the 8th day after the auction ended. Then you’ll have to wait another week for the winner to response. If the winner didn’t response, then you can relist your item and get your insertion fee credit when your item is sold the second time. However, if the Non Paying Bidder reply to eBay says they want to complete the transaction, then you’ll lose the eligibility EVEN THOUGH THEY STILL HAVEN’T PAY YOU.
Remember, never ever use the “Sell Similar” feature even you have like 100 identical items because once you list your item through “Sell Similar”, you’re consider relisting your item and you are automatically not eligible for insertion fee credit. Tricky huh?
The most stressful part is their feedback system. Sometimes, there are sick people out there, they bid on your item just to mess around. Some even leave you a negative feedback just for fun. eBay will not do anything to remove it. Even though you think you’re undeserved, eBay will not remove it unless they are presented with a valid court order stating that the comment is slanderous, libelous, defamatory or otherwise illegal. eBay doesn’t remove Feedback without a court order, even if a member believes it is retaliatory, false, unfair, or harmful to his or her name, character, or reputation.
But these are nothing compares to their new feedback policy starting in May 2008. Sellers are no long able to leave negative feedback for bidder. Sellers can only leave positive feedback. Yup! Even the winner doesn’t pay; you still cannot leave negative feedback to him or her. The seller will have no way to find out the credibility of the bidder.
eBay constantly changes their policy. They always have something new comes up everyday and it is almost impossible for sellers to catch up.
Sometimes if eBay thinks your shipping charge is unreasonable, your listing will be removed without prior notice. They may also suspends your account permenantly and will not let you reinstated no matter how many emails you sent to them.
Also, if you’re new to PayPal, even thought you have shipped your item to your buyer, PayPal will hold your fund for 21 days. That’s right, you won’t get paid for 3 weeks even though you have to pay your vendor, the shipping cost, and all the fees that listed above. Here’s the stupid rule that makes new seller’s life in hell:

PayPal and eBay are working together to make payments for eBay items even safer. Because we want both buyers and sellers to feel confident about sending and receiving payments through PayPal, we may temporarily hold payments for items sold on eBay.
Make sure to ship the item right away, so you’ll have access to the funds sooner. We’ll release the hold in 21 days unless you receive a dispute, claim, chargeback, or reversal on the transaction subject to the hold. We may release the hold earlier if either of the following occurs:
• The buyer leaves you positive feedback on eBay.
• We confirm that the item was delivered.* We can confirm delivery if you ship the item with USPS, FedEx, or UPS and either use PayPal shipping labels or upload tracking information from the transaction details page. This applies to transactions within the United States.
Additional hold period
If you receive a dispute, claim, chargeback, or reversal on the transaction subject to the hold, we may hold the payment until the problem is resolved.
Learn more about the PayPal policy for payments holds on eBay items.

eBay is not a safe trading place for sellers. Especially for beginners. The buyer can do whatever they want and PayPal always favor the buyer. For instance, the bidder can file a dispute to Paypal claiming the item is not as described. Paypal will then ask the buyer to return the item to the seller. As long as the buyer can provide a tracking number and shows the item is being delivered. The buyer will instantly get their money back even though they just sent an empty box or a piece of garbage. Paypal is not a bank so they are not regulate by the FDIC. However, they can manipulate your money without your consent.

I sold something on Ebay like 5 or 6 years ago once & I think it was like a $10 fee. But Sometimes people sell things for a penny. Does the fee go by percentage? Or is it always the same? What about people with Ebay stores? Can someone just give me a sum up if you know? Thanks!

The fee varies by starting price. Generally, anything under $9.99 costs a minimum of 35 cents to list in a normal auction.
If you have a basic ebay store, there is a $14.99 monthly fee, but you can list store items under $9.99 for only 3 cents for basic listings.
Regular auction items have a 8.5% final value fee if the item sells under $9.99. Store listings though have a 12.5% final value fee for items that sell at $9.99 and under.
You can quickly make your auction a LOT more expensive if you add any special features like a subtitle or more photos hosted by Ebay. If you know how to use html or a listing site, you can save money on listings by hosting your photos elsewhere and using html to include them in your listing. Generally, the higher your starting price, the higher your insertion fee. BUT, in some cases the final value fee percentage goes down when the price goes up.
Read through all the new rules if you want to sell on Ebay now. Ebay is a lot meaner then they used to be. There are "secret" brand restrictions out the wazoo. As in, you’ll finish writing up your whole listing, go to submit it, and find out that to prevent counterfeits that Ebay has restricted sale of that brand and that you have hit the limit of how many of them you are allowed to sell. To give you an example of how ridiculous it is, I have 100% feedback and several years on ebay and last month I was only allowed to list ONE Gap brand item. It was a used skirt for $7.99. Every time you revise a listing, like if you made a mistake, it counts as if you listed another item and takes you closer to your brand limit.
If your buying merchandise to resell, DIVERSIFY! You never know when your going to hit a brand limit and nothing sucks worse then spending your entire merchandise budget and then not being able to list it for 30 days because of brand restrictions.
Also, make sure your friends and family know that they aren’t allowed to buy anything from you. My mom bid on some pans of mine that she wanted and I got all my listings deleted, none of my listing fees refunded and a 14 day ban from listing in auction format. All because my mom thought it would be a good idea to buy one of my items.. Aaargh!

Ive never sell anything on eBay only bought,I need to know if I really have to pay $1 a day for each item I have listed and all the fees. Thanks

I’ve not familiar with having to pay $1 a day. In my experience the cost to sell on ebay varies on how you list your item. Normally when you list an item, you are charged an ‘insertion fee’ based on the starting price you choose. This includes one free picture and the listing runs for 7 days. If you choose any ‘upgrades’, for instance using more pictures, there are additional ‘upgrading fees’. You are able to see your fees and any upgrade fees on the listing form before you submit your listing. If your item does not sell, you do not have to pay the normal insertion fee. However, presently ebay is offering 50 _free_ insertion fees a month. This sounds like a good deal BUT, if your item sells, you are charged a 9.0% ‘final value fee’ on that amount _plus_ now your shipping costs are adding to the ‘final value fee’! As you might know, shipping is usually pretty expensive so now this adds quite a bit more to the ‘final value fee’ of each item!

Also, ebay owns Paypal and you are forced to use Paypal to receive payment. So in addition to paying ‘final value fees including shipping costs’ to ebay, you have to pay fees on the same amount to Paypal also – kinda like double jeopardy!

I’ve sold on ebay for over 10 years but when I started having to pay fees to ebay and paypal on my shipping costs, I quit….

I would recommend starting with Craigslist.com which is local and completely free, plus you can relist your item(s) as often as needed and there is no shipping involved. Hopefully there is one in your city. There are a lot of spammers on Craigslist that just want you to reply to get your email address to hustle. I avoid that by ‘hiding’ my email and using my telephone number only. Ironically, ebay recently bought a local and free site very much like Craigslist. It’s ‘eBay Classifieds’… as ‘Nashville eBay Classifieds’. It is easier to use than Craigslist but not as well known yet. Another suggestion is to check Yahoo Groups in your city for free _online_ yard or garage sale classified sites. I have four in my area.

Selling Tip: If you do use ebay, they often suggests sellers begin their starting price at 99¢ to encourage bidding. I see that as a definite way to lose money, particularly if only one person happens to bid on your item. So set your starting price at the least amount that you are willing to accept for your item and be aware that ebay and Paypal fees will run over 10%.

Hope this helps…

When I sell something on Ebay, it only allows me to have auction for 10 days, which cost an extra 40 cents. I noticed that some people have auctions for like 15-30 days, but yet only gives me the option to have auction for 10 days.

If you list the item with a Buy it Now price instead of an auction format you can have up to 30 days. This is really only useful for multiple items, say I have 20 dog leads, I list all 20 for one listing fee on a BIN price instead of individually and people buy them as they see them, no bidding involved. If happen to sell 19 leads then get some more before the last 1 is sold I can edit the auction and increase the amount for sale back up to 20 and pay no extra fee so then I will have sold 40 for one insertion fee price.

If you have just 1 item to sell it is better to use a bidding auction format. Most bidding auctions are won in the last 5 minutes no matter how long the auction runs for (no sensible bidder bids early it just bumps the price up) so there is no point having more than 10 days really? Your item will be at the end of the list at 10 days and I personally never scroll down more that 1 or 2 pages if I am intending to bid on an item.

Buying And Selling On ebay is both great for shopping an item or selling your wares. While buying on eBay is free; sellers are charged for various services, many of which are optional. Since October of 1999, new sellers are required to keep a credit card number on file for monthly billing. Buying on eBay is simple. Find a product you like and bid on it.

Buying and selling on ebay is fun and easy and just like the commercial says you can get anything you want on ebay. For more results visit us at www.auction-professional.com. Buying on ebay is free but sellers have to pay a basic listing or ‘insertion’ fee plus a commission (starting at 5.25 percent) based on the final selling price. Buying on ebay is safer now than it ever was. A proper chargeback cannot be beaten.

Buying on Ebay is fun for both newbies, who are just getting started and seasoned Ebay buyers alike. Being new to Ebay though, you might initially find yourself losing out those auctions as a buyer, and wondering what the seasoned buyers are up-to.

If you enter your maximum bid in the first instance you can forget about the auction until it ends. However, on the downside bidding early on an item unfortunately can drive up the auction price as it shows there is an interest in the item. Bids attract bids and low prices attract bids! When potential buyers are looking through the listings, auctions that have 8 bids get more attention than auctions with 1 or none. When bidding on an item, you should bid the highest amount you are willing to pay. Ebay places the bid in increments so you may not actually have to pay the highest amount.

Bidding in the last few moments of an auction is known as ‘sniping’. This practice is frowned up by some eBayers but it is perfectly legitimate and within the rules; the highest bid always wins, no matter how late it is entered.

When buying and selling on eBay, Papal is very desirable because it allows immediate payment after an auction is complete – no waiting for money orders to arrive in the mail, no bounced checks, etc, so Papal is the most popular online currency. Papal is actually owned by eBay and allows you to pay for your item instantly with a credit card or instant transfer from your bank account. It is very easy to use and you can usually just follow the instructions from your winning email that eBay sends to you in order to get started. Papal is free to join. Your financial details are never shared with the seller and it allows you to send payment immediately.

Also Papal allows you to accept buyers’ credit card and electronic check payments online. To keep eBay a safe place for both buyers and sellers, sellers who register after January 17, 2007 are required to offer either Papal or a merchant account credit card as an accepted payment method for their items.

Everyone has stuff they can sell on ebay. But while buying on eBay is easy and pretty straight forward, selling on eBay takes a little more effort, creativity, and having some experience in marketing and auctions will take you a long way. Keep in mind, every second of every day, eBay transacts $700 in new business. You can also visit us at www.auctions-profits.com. In 2007, eBay members transacted $14.87 billion in sales in 27 international markets, including the United States.

Everyone wants to earn considerable amounts of money by merely sitting at home. Well, making money on online auction while at home can definitely become a reality. Either way, if you use common sense, buying and selling on eBay can be both fun and profitable. So go and enjoy and discover what a positive experience buying and selling on eBay can be for you.

amanrathorpqr

Buying And Selling On ebay is both great for shopping an item or selling your wares. While buying on eBay is free; sellers are charged for various services, many of which are optional. Since October of 1999, new sellers are required to keep a credit card number on file for monthly billing. Buying on eBay is simple. Find a product you like and bid on it.

Buying and selling on ebay is fun and easy and just like the commercial says you can get anything you want on ebay. For more results visit us at www.auction-professional.com. Buying on ebay is free but sellers have to pay a basic listing or ‘insertion’ fee plus a commission (starting at 5.25 percent) based on the final selling price. Buying on ebay is safer now than it ever was. A proper chargeback cannot be beaten.

Buying on Ebay is fun for both newbies, who are just getting started and seasoned Ebay buyers alike. Being new to Ebay though, you might initially find yourself losing out those auctions as a buyer, and wondering what the seasoned buyers are up-to.

If you enter your maximum bid in the first instance you can forget about the auction until it ends. However, on the downside bidding early on an item unfortunately can drive up the auction price as it shows there is an interest in the item. Bids attract bids and low prices attract bids! When potential buyers are looking through the listings, auctions that have 8 bids get more attention than auctions with 1 or none. When bidding on an item, you should bid the highest amount you are willing to pay. Ebay places the bid in increments so you may not actually have to pay the highest amount.

Bidding in the last few moments of an auction is known as ‘sniping’. This practice is frowned up by some eBayers but it is perfectly legitimate and within the rules; the highest bid always wins, no matter how late it is entered.

When buying and selling on eBay, Papal is very desirable because it allows immediate payment after an auction is complete – no waiting for money orders to arrive in the mail, no bounced checks, etc, so Papal is the most popular online currency. Papal is actually owned by eBay and allows you to pay for your item instantly with a credit card or instant transfer from your bank account. It is very easy to use and you can usually just follow the instructions from your winning email that eBay sends to you in order to get started. Papal is free to join. Your financial details are never shared with the seller and it allows you to send payment immediately.

Also Papal allows you to accept buyers’ credit card and electronic check payments online. To keep eBay a safe place for both buyers and sellers, sellers who register after January 17, 2007 are required to offer either Papal or a merchant account credit card as an accepted payment method for their items.

Everyone has stuff they can sell on ebay. But while buying on eBay is easy and pretty straight forward, selling on eBay takes a little more effort, creativity, and having some experience in marketing and auctions will take you a long way. Keep in mind, every second of every day, eBay transacts $700 in new business. You can also visit us at www.auctions-profits.com. In 2007, eBay members transacted $14.87 billion in sales in 27 international markets, including the United States.

Everyone wants to earn considerable amounts of money by merely sitting at home. Well, making money on online auction while at home can definitely become a reality. Either way, if you use common sense, buying and selling on eBay can be both fun and profitable. So go and enjoy and discover what a positive experience buying and selling on eBay can be for you.

amanrathorpqr

The second likelihood present is an eBay selling strategy that absolutely everyone should certainly use if attainable. It was developed to enable sellers to sell their merchandise to the subsequent highest bidder in case the winning bidder backed out for any cause.

Those of us who sell information and facts merchandise on eBay, have a whole numerous use for this function. We use it to sell way more of our items, with no encountering further eBay fees.

1 of my eBay mantras if you will, is to cut down my eBay fees as low as I possibly can. This is not considering their fees are in particular high, as most many people complain about, but it is considering margins for most sellers are exceptionally low. Your profit margin is the percentage of the merchandise income that constitutes the sellers profit.

In other words, if you sell a item for a dollar, but the item expense you $.90 then your profit margin is ten%. As of this writing, eBay final value fees are 8.75% at the lowest item value. For this reason, you can see from this example that most of your margin will be consumed by your selling fee. This, by the way, does not even incorporate your insertion fee.

My point here is to cut down your eBay fees as considerably as attainable. If you are selling information and facts merchandise, you will consistently be in a position to make a second likelihood present for any auction with various bids. You should certainly use this solution no matter what the bid is for your item.

Information and facts merchandise expense just about absolutely nothing to generate anyway, and if you are carrying out it perfect, most of your profit is coming from your shipping charges anyway.