on 12-17-2021 09:44 AM
Is it take all we can, because we can? “That’s very Greedy”
I listed an item, and I was astonished when I received the amount for my transaction sold on eBay.
After my item sold I look around to get a better deal to ship the item, eBay seemed to have the best deal. A logistic broker explained that, eBay could bet getting discount on quantity. Because of the large pool of eBay Seller printing label directly from their dashboard. After all that is how he runs his logistic business, so he understands how quantity discount works.
- Fees are 14.35% of the transaction total, I find this way overpriced BTW.
Total of the transaction was $220, A separate amount “So I thought” for shipping of $15 was initially charged to the buyer to purchase the label. I selected a more premium shipping method considering I was getting a good deal, so I chose Express Mail for $20. With the newest payout method it take 15days to get pay. I got $181.25 today, I’m like WHAT??
Let’s decode this in detail, how they calculated what they owed me.
Item: $220 - 14.35% = $188.4
Ship: $15 - 14.35% = $2.15 -If I have to give back $2.15 the shipping discount was an illusion.
Remains: $188.4+$12.85 = $201.25
Remains, Minus Real Shipping Cost: $201.25 - $20 = $181.25
I been an eBay member for a long time, but It was a first for me, with these new conditions selling on eBay. Honestlly, I’m wondering how sellers on eBay are making it. Also since, I’m more buyer online, I noticed a clear price difference eBay being generally more expensive place to buy nowdays. So, I rarely get anything on eBay anymore.
You may find this useful
https://www.ebay.com/help/selling/fees-credits-invoices/store-selling-fees?id=4809
The Final Value Fees are given well down the page.
With the newest payout method it take 15days to get pay.
Not exactly.
As a new or returning seller, your payments are Held for up to 21 days against customer satisfaction. Usually this is tracking that shows delivery.
Also when you signed up for Managed Payments, you chose between daily or weekly payouts*. Once the Hold ends, it is transferred to your bank account, if you chose weekly, on Tuesdays.
What that can mean is that if you are Paid on a Wednesday, MP will Hold your transfer until the next Tuesday. Making a WAG, that should mean that if the New Seller Hold ended on Wednesday, that payment would also be transferred on the next Tuesday.
OTOH, if the payment came on Monday evening, it would transfer a few hours later, on Tuesday.
*Some other options have been added in the past month or so.