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 should have :
Selling price with FVF @ 12.55% (for coins)
Shipping fee charged customer @12.55%
Fee on Internet (state) sales tax @ 12.55%
GST on entire payment 5%
PLUS 30c non-refundable processing fee.
Actual shipping is separate because many sellers do not use eBay labels (we use Shippo or Canada Post or Paypal or stamps.com or even postage stamps.)
In any case, the customer pays for shipping, not the seller who uses her payment to buy shipping. Note however that Canada Post has surcharges for GST and for fuel surcharge.
Most sellers consider the discount on shipping to cover packaging and insurance costs. However, upgrading can fall under those headings.