EBay trying to encourage people to sell more items
January 26, 2010 By RACHEL METZ , AP Technology Writer
eBay logo
(AP) -- EBay hopes to lure more sellers by essentially doing away with "listing" fees for people who occasionally auction items on its site. Instead it will take a cut of the final selling price.
EBay has tinkered with its fee structure in recent years in hopes of improving the experience people have on its site and reinvigorating its growth. Changes like the ones being announced Tuesday are meant to encourage more people to list items for sale.
EBay Inc. told sellers Tuesday that starting March 30 they will be able to post up to 100 items for auction every 30 days without paying fees to list them. The items must have a starting bid of less than $1, and when they sell eBay will take 9 percent of the final price or $50, whichever is less.
Currently, eBay lets occasional sellers - who make up the majority of the 28 million people who sell on its main site - auction up to five items for free every 30 days. It charges them 8.75 percent of the final price or $20, whichever is less.
For sellers that only auction the occasional vintage Pez dispenser or designer handbag, Tuesday's change could mean they pay eBay more. But Lorrie Norrington, the president of eBay Marketplaces, thinks the change will be easier overall for people who want to auction off items that are sitting around the house.
"Our customers have consistently told us, `We love free and we love simple,' and that's what we think these changes are about," she said.
EBay made a similar change in fees in some European markets in 2008.
Once sellers exhaust the number of items they can list for free, they are subject to listing fees and commissions that vary, depending on the starting price of the item and the price at which it sells. Those listing fees are also changing for most auctions - to a range of 15 cents to $2, depending on the item's starting price. Right now, they generally range from 15 cents to $4.
In another move, eBay is reducing the fees it charges sellers for offering fixed-price "Buy It Now" items through stores they run on its Web site.
These sellers will pay between 3 cents and 20 cents to list items, down from 35 cents previously, to list an unlimited number of identical items at a set price for a month at a time. With such multi-quantity listings, sellers can do things like offering different sizes or colors of a shirt in one listing.
EBay also is trying to draw more attention to a buyer protection service. That gives buyers and sellers access to customer service representatives to resolve disputes. This service, which excludes some categories like vehicles and real estate, will also be able to refund a buyer's money, if necessary.
Previously, the only option for resolving problems between buyers and sellers was through eBay's payment service, PayPal, and was available only on transactions that used PayPal.
©2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
-
EBay cuts auction listing fees for casual sellers
May 12, 2009 |
not rated yet |
0
-
EBay's tweaks for sellers part of changes to site (Update)
Apr 14, 2009 |
not rated yet |
0
-
Established eBay sellers get higher prices for good reputations
Jul 07, 2006 |
not rated yet |
0
-
Some eBay Users Abuse Auction Site's Feedback System, Professor Finds
Jan 12, 2007 |
not rated yet |
0
-
New eBay program aims to reward good sellers
Jul 27, 2009 |
not rated yet |
0
-
Engineers build first sub-10-nm carbon nanotube transistor
Feb 01, 2012 |
4.9 / 5 (31) |
30
-
Something old, something new: Evolution and the structural divergence of duplicate genes
Jan 31, 2012 |
4.6 / 5 (7) |
1
-
The hidden nanoworld of ice crystals: Revealing the dynamic behavior of quasi-liquid layers
Jan 30, 2012 |
5 / 5 (3) |
1
-
Stock market network reveals investor clustering
Jan 27, 2012 |
3.9 / 5 (23) |
8
-
Of microchemistry and molecules: Electronic microfluidic device synthesizes biocompatible probes
Jan 26, 2012 |
5 / 5 (1) |
0
-
Calling function with no input argument
8 hours ago
-
Force free body diagram problem on gym equipment
8 hours ago
-
Empirical data regarding shower heads and water
16 hours ago
-
feed hold button on CNC lathe
Feb 09, 2012
-
RFAC in Fortran
Feb 09, 2012
-
dynamics 2/32
Feb 08, 2012
- More from Physics Forums - General Engineering
More news stories
Google users warned of threat to smartphone wallets
Users of Google smartphone wallets were being warned on Friday that there is a way to crack pass codes intended to thwart thieves from going on illicit shopping sprees.
41 minutes ago |
not rated yet |
0
CIA website offline, Anonymous takes credit
The website of the Central Intelligence Agency was unresponsive on Friday after the hacker group Anonymous claimed to have knocked it offline.
2 hours ago |
5 / 5 (3) |
8
New error-correcting codes guarantee the fastest possible rate of data transmission
Error-correcting codes are one of the triumphs of the digital age. Theyre a way of encoding information so that it can be transmitted across a communication channel such as an optical fiber o ...
Technology / Computer Sciences
10 hours ago |
5 / 5 (4) |
5
|
New power source discovered
(PhysOrg.com) -- Researchers at the Massachusetts Institute of Technology (MIT) and RMIT University have made a breakthrough in energy storage and power generation.
Technology / Energy & Green Tech
9 hours ago |
4.8 / 5 (16) |
3
|
Small modular reactor design could be a 'SUPERSTAR'
(PhysOrg.com) -- Though most of today's nuclear reactors are cooled by water, we've long known that there are alternatives; in fact, the world's first nuclear-powered electricity in 1951 came from a reactor ...
Technology / Energy & Green Tech
10 hours ago |
4.2 / 5 (10) |
19
|
NASA sees wide-eyed cyclone Jasmine
Cyclone Jasmine's eye has opened wider on NASA satellite imagery, as it moves through the Southern Pacific Ocean.
NASA sees Giovanna reach cyclone strength, threaten Madagascar
Tropical Storm 12S built up steam and became a cyclone on February 10, 2012 as NASA's Terra satellite passed overhead. Residents of east-central Madagascar should prepare for this cyclone to make landfall ...
Complex wiring of the nervous system may rely on a just a handful of genes and proteins
Researchers at the Salk Institute have discovered a startling feature of early brain development that helps to explain how complex neuron wiring patterns are programmed using just a handful of critical genes. ...
Putting the squeeze on planets outside our solar system
(PhysOrg.com) -- Using high-powered lasers, scientists at Lawrence Livermore National Laboratory and collaborators discovered that molten magnesium silicate undergoes a phase change in the liquid state, abruptly ...
The power of estrogen -- male snakes attract other males
A new study has shown that boosting the estrogen levels of male garter snakes causes them to secrete the same pheromones that females use to attract suitors, and turned the males into just about the sexiest ...
Grass to gas: Researchers' genome map speeds biofuel development
Researchers at the University of Georgia have taken a major step in the ongoing effort to find sources of cleaner, renewable energy by mapping the genomes of two originator cells of Miscanthus x giganteus, a large perenn ...