28% fees on a $2.58 item!?

[rocketscollectibles]

I used to calculate 15% as fees when i price my items to calculate the profit margin but i recently started to notice i was wrong and that items under $10 are more at like 20%+

Don't is this totally abusive and illegitimate?

I sold a $2.58 item and noticed my fees on it are 28%... For a $4.00 one it's still like 22%

I realised than when i source an item for $1.00 and sell it $4.00 (seems like a small good move at first), after fees ($0.91) and shipping/packaging ($1.50)(and i use discounted postage), i'm doing barely $0.60

Seems crazy that ebay taking $0.91 and i'm taking $0.60. That's a crazy cut. We're supposed to be able to source at $0.50 and sell at 800% we paid on cheap items!?

Sometimes i ask myself if ebay is really viable to sell on... I'll plan to slowly stop to sell cheap items this is too time consuming to end getting robbed like that. But any suggestion of the lowest item we should price?

I been suggested a lot to use free shipping at first, but as a card seller, i also wonder if a combined shipping model is not more appropriated. To lower shipping cost % and incitate to multiple items purchase. Free shipping model seems good when we have no under $5.00 items i feel, and items that are bought individually 

[beavosorus]

@rocketscollectibles 

I have a lot of customers that don't want to "shellout" for the expensive best quality of a card.  For now they are happy with just buying something to fill that spot in their collection, until they can get a good deal on a better quality card.  I don't feel great selling these less than perfect cards, but I am always 100% honest and upfront on the quality.  Some people are really happy just to fill those last few slots in their binder.

Would I suggest not to sell cards with different conditions?

If you are comfortable selling them, then go for it!  When I started I sold my new cards and my played cards at the same time.  Multiple listings for the different qualities. 

I move my Heavily Played cards at a similar rate as my Lightly Played cards.  I have more HP-P cards than I do LP, on Ebay.  It is a great place to sell cards that would otherwise end up in the "trash", when they do have some value.  

It is only the higher value cards that I can sell at HP condition though.  I still do have a "kijiji" box for the leftovers to sell to kids starting out, before covid I donated them to the schools (afterschool programs and creative math teachers).

As long as you are honest and upfront with the condition, yes I would sell them for the reputation!  

[femmefan1946]

so $1 each, there's some in the lot worth $20 and some worth $0.50, they are not all worth $1.

Change your thinking from "worth" to "will sell for".

Need to list those $0.50 to get back the money even it's a ''lost'', not listing them is the real lost.

I disagree.

I have purchased a couple of dozen sewing patterns in a batch, and on learning that one or two are cut (and unsaleable to my buyers) those go back into the donation box,with the envelope marked this time.

It means my procurement cost goes up, but my labour cost goes down.

Don't be afraid to discard or donate.

But we can't edit

Actually you can on desktops.

Go to the little arrow at the top right of the published post.

Click-> Edit-> new screen with HTML-> removes obvious coding

Now you can edit, correct or add to the original post-> Click Reply.

But you only have a few minutes, five at the most.

[milosmail]

I had the same realization after managed payments. After some reading I found there is a charge of 30c per item and THEN the %. I found if I took the 30c off the fees and then calculated the % it worked out to about 12.4%, which is about what I budgeted for.  The lower priced items I sell are big loosers with the 30c charge, pricier items not so much.

[mrdutch1001]

Before I stopped listing in mid-April(haven't signed up for MP), I had about 800 knitting/crochet patterns/craft books etc. that I would list (alternating the selection from month to month), listing on.COM, to take advantage of the exchange rate and the fact that these low value items realized a selling rate of 15-16% at that time, it was stll worthwhile as my initial cost/investmet was anywhere from free to $3CDN, and I would rarely list any item for less than $3.75 USD.(average being $5-$6 USD).  Now if I were to list these items on.CA and with current MP system, I'd be more selective in what I'd list on eBay. In the meantime, these items are listed on my other selling venue in USD and where the fees are anywhere from 2.9%-12.9% (dependant upon where my advertising level is set-and that most often is 2.9% to 5.9%) plus processor fees.Due to the buying nature of these items(most buyers are searching for/lookng to buy specific patterns/booklets/issues), I remain steadfast in selling individual items rather than bundling these items into larger lots.