buy-it-now listings vs auction-style listings

Hi everyone,

 

I am a new seller. I am not sure which way is more expensive.  Let's say that you have sold your item for $100 through a buy-it-now listing or an auction.

 

(1) Will ebay charge you more if you sell your item by auction than by buy-it-now price?

(2) If yes, how much more will they charge you?

(3) Do you have to insertion fees for auction-style listings?

 

Thank you for your help.

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buy-it-now listings vs auction-style listings

You have 250 Free Listings without a Store.

Auction listings last seven days *.

Fixed Price listings last 30 days.

If an Auction does not sell in seven days, you can relist it, but it uses another of the 250 Free Listings.

So.

You can list 250 different FP items for 30 days for free.

Or

You can list 35 auctions for free six times relisting each time it doesn't sell.

And

85% of listings are Fixed Price, because most buyers dislike and ignore Auctions.

 

If you do decide to go with Auction, make your opening bid an amount you will be content to get, because there is a high probability that you will get only one bid and the opening bid is all you will get.

 

And

Your fees will be charged on what the buyer's ENTIRE payment.

That includes price, shipping, and sales taxes.

If you sell an item for $100 + $10 shipping to your province + 5% sales tax ** your fees will be based on the $115. payment.

If you sell the same item to Newfoundland  the shipping might be $20 and sales tax is 15%. Your fees will be based on the customer's $135 payment.

 

Most important.

Before you list anything, register for Managed Payments so that eBay can transfer your customer's payment to your chequing account.

And

There will be a Hold on those payments until you have a track record***

But

You can use the Held funds to buy discounted shipping labels through eBay.

Ship promptly.

 

 

 

 

 

 

 

 

 

*There are other options but seven days is the default and the sweet spot.

** Alberta because I'm making a point.

***Until you've been selling for 90 days and sold 25 items your payments will be held until tracking shows delivered, or in 21 days if there's no tracking. They can hold the payment for the full 21 days if you're selling in a high risk category. 

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buy-it-now listings vs auction-style listings

@pokemoncookie 

 

I think there's only a difference in fees if you purchase any listing upgrades and maybe insertion fees if you have a store.

 

Here are the non-store fees:

https://www.ebay.ca/help/selling/fees-credits-invoices/selling-fees?id=4822

 

Here are the store fees:

https://www.ebay.ca/help/selling/selling-fees/store-fees?id=4809

 

 

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buy-it-now listings vs auction-style listings

You have 250 Free Listings without a Store.

Auction listings last seven days *.

Fixed Price listings last 30 days.

If an Auction does not sell in seven days, you can relist it, but it uses another of the 250 Free Listings.

So.

You can list 250 different FP items for 30 days for free.

Or

You can list 35 auctions for free six times relisting each time it doesn't sell.

And

85% of listings are Fixed Price, because most buyers dislike and ignore Auctions.

 

If you do decide to go with Auction, make your opening bid an amount you will be content to get, because there is a high probability that you will get only one bid and the opening bid is all you will get.

 

And

Your fees will be charged on what the buyer's ENTIRE payment.

That includes price, shipping, and sales taxes.

If you sell an item for $100 + $10 shipping to your province + 5% sales tax ** your fees will be based on the $115. payment.

If you sell the same item to Newfoundland  the shipping might be $20 and sales tax is 15%. Your fees will be based on the customer's $135 payment.

 

Most important.

Before you list anything, register for Managed Payments so that eBay can transfer your customer's payment to your chequing account.

And

There will be a Hold on those payments until you have a track record***

But

You can use the Held funds to buy discounted shipping labels through eBay.

Ship promptly.

 

 

 

 

 

 

 

 

 

*There are other options but seven days is the default and the sweet spot.

** Alberta because I'm making a point.

***Until you've been selling for 90 days and sold 25 items your payments will be held until tracking shows delivered, or in 21 days if there's no tracking. They can hold the payment for the full 21 days if you're selling in a high risk category. 

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buy-it-now listings vs auction-style listings

Your comprehensive explanation helps me understand ebay labels and free shipping better. Thank you very much.

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