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Online retailer eBay scraps fees for private sellers in UK(www.theguardian.com)

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thehatfox@lemmy.world
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wiccan2@lemmy.world
4 points

Any info out there on how they actually plan on making money going forwards?

The article talks about other platforms charging a fee to buyers instead but mentions nothing about eBay introducing this.

Are they really making enough from ads on the site and vehicles to replace the lost revenue?

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swampdownloader@lemmy.dbzer0.com
10 points

Not certain but I believe listings are now free to post but when you sell something they charge a commission. It has been this way in the USA for a while, if you’re a small vendor you can list a couple hundred/thousand items for free and they charge fees when sold.

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MurrayL@lemmy.world
7 points

Those are exactly the fees they’re removing in the uk:

On Tuesday, eBay said its move, which has taken effect immediately, meant private sellers would no longer pay so-called final value fees or regulatory operating fees when they sold on the site.

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GreatAlbatross@feddit.ukM
6 points

They’re also changing the way you get money after someone buys something.

eBay balance, apparently. So by default, when a transaction happens, the money stays in eBay, and you have to manually transfer it out, instead of scheduled timed payouts.

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thehatfox@lemmy.worldOP
2 points

So I’ve heard they have already switched eBay in Germany to this no-fee system. It proved more profitable for eBay because private sellers who accrue an eBay balance from sales were in turn more likely to spend it on eBay.

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Elleo@slrpnk.net
6 points

Previously you got 10,000 free listings a month on private seller accounts, now it’s 300. Which is plenty for actual private sellers, but businesses operating as private sellers will have to start paying for their listings

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wiccan2@lemmy.world
4 points

That makes a lot of sense, I hadn’t considered that business sellers would still be charged.

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Naich@lemmings.world
4 points

Yay.

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