Clearly a gouge on shipping FVF's

I have sent this to Raphael to see what answer I get as the last one Ebay said was too old and they could not reconstruct, yea right.

 

Sold 4 items as below with a total shipping charge of $3.00.

 

2003A $1.00 FRN St. Louis District HB block Run 2 H46336319B UNC
Shipping and other costs less sales tax: US $0.75 (Fixed Price)
39132506464002-Dec-15 14:54:04 ESTFinal Value Fee on ShippingUS $0.05--
1988A $1.00 FRN St. Louis District HA block Run 2 H91810975A UNC
Shipping and other costs less sales tax: US $0.75 (Fixed Price)
39132525039602-Dec-15 14:54:04 ESTFinal Value Fee on ShippingUS $0.05--
1988A $1.00 FRN St. Louis District HA block Run 2 H91810977A UNC
Shipping and other costs less sales tax: US $0.75 (Fixed Price)
39131986205202-Dec-15 14:54:04 ESTFinal Value Fee on ShippingUS $0.05--
1988A $1.00 FRN St. Louis District HA block Run 2 H91810976A UNC
Shipping and other costs less sales tax: US $0.75 (Fixed Price)
39131986178302-Dec-15 14:54:03 ESTFinal Value Fee on ShippingUS $0.05-

 

 

By my calculations 6% of $3.00 is 18¢. Ebay charged me 4 x 5¢ for a total of 20¢.

 

Clearly an overcharge of 2¢.(they split the shipping per item and then of course round up per item)

 

Should be done on a transaction basis, not per item, but then of course Ebay makes less income.

 

May be a small amount but if it is totaled over a huge number of combined transactions it is a huge additional income(theft) at seller's expense. This is one way Ebay is ripping sellers off.

 

I suggest everyone look at their billing for combined invoices and see what Ebay did to them.

 

Oh, sold on .com and listed in US dollars and invoice is paid in US dollars.

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Clearly a gouge on shipping FVF's

"By my calculations 6% of $3.00 is 18¢. Ebay charged me 4 x 5¢ for a total of 20¢."

 

Maybe not.

 

Take a good look at your monthly invoice.  My understanding is that eBay would charge you $0.0450 for each listing although it shows as $0.05 on the invoice as everything is always rounded to two decimals.

 

When the fees are totaled, $0.0450 would be added four times.

Message 2 of 19
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Clearly a gouge on shipping FVF's

And how is anyone supposed to keep track of that with a whole lot of items.

Message 3 of 19
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Clearly a gouge on shipping FVF's

"A nickel holding up a dollar"

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Message 4 of 19
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Clearly a gouge on shipping FVF's

Clearly a gouge on shipping FVF's

my nickel, not Ebays

Message 6 of 19
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Clearly a gouge on shipping FVF's

"And how is anyone supposed to keep track of that"

 

It is up to you to keep track or not of half cent charges.

 

Is that really relevant to you?  Do you really have to keep track of fractional cents in fees?  For what purpose?

 

There all types of challenges on eBay.  Keeping track of fractions of cents should not be one of them.

Message 7 of 19
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Clearly a gouge on shipping FVF's

I think you are both missing my point. Ebay does the calculations and they should be correct or shown correct, or calculate per transaction for shipping.

 

They know no one will go to all the trouble over fractions of a cent, but to Ebay over time and millions of transactions, they will make money out of the sellers pockets, above what they are entitled to.

 

And no, I would not do it either, but that does not make what Ebay does correct, or ethical.

Message 8 of 19
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Clearly a gouge on shipping FVF's

And I have posted previously about these issues and they were for more than 2¢ or 5¢.

Message 9 of 19
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Clearly a gouge on shipping FVF's

", they will make money out of the sellers pockets, above what they are entitled to."

 

They do NOT.  Did you not understand my earlier post explaining how the fees are calculated?

 

If the selling price had been $0.74 (instead of $0.75), 6% would be shown as $0.04 (instead of $0.044)

 

Would you complain?

Message 10 of 19
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Clearly a gouge on shipping FVF's

Pierre

I also asked how we are supposed to verify this other than going through every transaction to ensure accuracy and if correct a total waste of time, If incorrect, Ebay will do nothing as they did with my previous complaints and issues with this.

Message 11 of 19
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Clearly a gouge on shipping FVF's

I spent more on liquor, in a lounge yesterday, than eBay will ever half cent at a time me.

 

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Message 12 of 19
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Clearly a gouge on shipping FVF's

We don't all drink

 

Maybe you have not heard : 

 

IF YOU WATCH THE PENNIES, THE DOLLARS WILL LOOK AFTER THEMSELVES

Message 13 of 19
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Clearly a gouge on shipping FVF's

The minimum wage.... Stop me it you've heard this one....

 

The minimum wage in Ontario is 17 cents a minute.

How many minutes did you spend fussing about this?

 

 

Look after the pennies and the dollars will look after themselves.

Message 14 of 19
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Clearly a gouge on shipping FVF's

Go ahead and save pennies. Tell me when you get a jar full. I collect dollars. It takes me way less effort to collect dollars than it does to collect pennies.

 

Micro-managers. Humph.

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Message 15 of 19
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Clearly a gouge on shipping FVF's

"....save pennies"

 

It has nothing to do with saving pennies.

 

It has to do with understanding how billing works instead of claiming "gauge" by eBay.  And if one does not understand how things work, then a question should be asked instead of of claiming to be a victim.

 

It is becoming way too easy for sellers to blame eBay for all sins under the sun even when they have done nothing wrong.  There is a lot of distrust and paranoia around here. Thread after thread after thread.

 

Sometimes I feel one would be better off without eBay than wasting so much time in frustration.  eBay is only a venue to sell online.  It is not for everybody and certainly not for every product.  If it does not work.... time to move elsewhere.

Message 16 of 19
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Clearly a gouge on shipping FVF's


@pierrelebel wrote:

"....save pennies"

 

It has nothing to do with saving pennies.

 

It has to do with understanding how billing works instead of claiming "gauge" by eBay.  And if one does not understand how things work, then a question should be asked instead of of claiming to be a victim.

 

It is becoming way too easy for sellers to blame eBay for all sins under the sun even when they have done nothing wrong.  There is a lot of distrust and paranoia around here. Thread after thread after thread.

 

Sometimes I feel one would be better off without eBay than wasting so much time in frustration.  eBay is only a venue to sell online.  It is not for everybody and certainly not for every product.  If it does not work.... time to move elsewhere.


Precisely Pierre.

 

What do I do? Rather than worry about part-cents, I worry about what I can do to maximize my profit, to me, by what I am doing, with my efforts, in my world, with what I can control.

 

I have found interesting ways to minimize costs, maximize profit, minimize effort, maximize ROI both in terms of time and money.

 

Parts of pennies? I like $30 wines. Majority of sellers are counting "parts of pennies", and losing money, while I am using parts of my dollars to enjoy the fruits of my labours.

 

"eBay is only a venue" and I use it as only such. I advertise there, and deal with the costs and benefits in my world.

 

So, I buy a widget for $6 and sell it for $100, I should obsess about a half of a penny? What is wrong with that picture!

 

Ya wanna save pennies? Set your thermostat back to 14C in the house for the winter. Flush your toilet every fifth time. Never take a vacation. Well, life means a little bit more to me than that.

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Message 17 of 19
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Clearly a gouge on shipping FVF's

Gee, I can brag too.

 

Bought a note for $5 and sold it for $1250.00

 

Bought another for $5 and sold it for $900

 

Bought a token for 25¢ and sold it for $350

 

And I can go on and on

 

You still am missing the point I am trying to make We all buy stuff and sell some for big money, whoopee!!

 

That does not make what Ebay does correct. Charge FVF's for shipping on the total, not per piece broken down.

 

Maybe then what they do is believable instead of making assumptions about what they do with no proof.

Message 18 of 19
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Clearly a gouge on shipping FVF's

I'd like to try to inject a bit of rationality into this subject if I may. 

 

Although Pierre's calculations (and his explanation) are correct, 'dutchman'  has a valid point, strictly speaking.  

 

If eBay calculated its fees on the total transaction, it would result in a more accurate fee billing because the rounding-off would be done once only, based on a larger number.  However, the rounding would still only be up or down to the nearest 1 cent.  I presume 'dutchman's'  point is not that he personally has lost a few pennies here and there but that over time, given millions upon millions of calculations on individual items sold, eBay is skimming extra cash off sellers.  And he is right, although the level of excess is probably quite small.  

 

In his example above, if eBay were to charge 6% on the $3.00 total shipping charged, the result would be $0.18.  If the calculations were not rounded up for each item as they were, the result would be 6% x $0.75 = $0.045 per item x 4,  for a total of $0.18.  By choosing to round up at "5" or above, i.e. rounding $0.045 up to $0.05 in the case mentioned above, eBay has made itself an extra 2 cents on this multi-item order.  Some companies do choose to round down if the last digit is a "5".  

 

Accordingly, there is an argument to be made that over millions of transactions, by rounding up at "5", eBay is making a bit of extra cash.  How much?  Well, no more than a fraction of a penny in each case, regardless of the size of the original shipping charge.  And this happens not in every case, but only when the third digit of eBay's fee calculation is between "5" and "9".  Rounding any digit above "6" to the next cent up is fair enough.  So we can logically say that roughly 10% of the time (1 extra digit out of the 10 available), chances are eBay makes an extra fraction of a cent on such fees that it wouldn't make by rounding down at "5".  

 

For example, on 1 million transactions, a $0.01 increase per item sold (due to rounding the numeral "5" upwards), roughly 10% of the time, (10,000 x $0.01) will result in a gain for eBay of about $100.00.  So it can be said that by rounding up at 5, there is a little extra money going into eBay's pockets that would not be there if they only rounded up from "6" to "9".  

 

Rounding up from "6" to "9" will always occur, so eBay is also making some extra money on every transaction on which it rounds up each calculation individually, as opposed to the total of an order.  Mind you, the point is that I would not think that multi-item orders represent the majority of sales on eBay.  Even if they represent 20% of all eBay orders, the billing figures still have to be such that a rounding up, not down, will occur.  So perhaps, as 'dutchman'  suspects, eBay makes an extra few hundred dollars this way in a good day -- but so does every other business in the world.  On a "bad rounding" day, they may lose it all again, and then some. 

 

In the end, statistics and the laws of chance will determine whether in any particular transaction the dice roll in eBay's favour in this respect or not.  

 

We all live in a world of rounded-off numbers, and overall the odds are about 50/50 that the rounding will be in our favour.  What you lose today, you may gain tomorrow.  The real gains or losses, in the big picture, are very small. 

 

Every company has to choose how it rounds off figures.  I wouldn't be surprised if most chartered banks round up at "5" rather than down, but the actual end result is still moot. 

 

 

 

 

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