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Online retailer eBay scraps fees for private sellers in UK

⁨66⁩ ⁨likes⁩

Submitted ⁨⁨7⁩ ⁨months⁩ ago⁩ by ⁨thehatfox@lemmy.world⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.theguardian.com/technology/2024/oct/01/online-retailer-ebay-scraps-fees-for-private-sellers-in-uk

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Comments

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  • wiccan2@lemmy.world ⁨7⁩ ⁨months⁩ ago

    Any info out there on how they actually plan on making money going forwards?

    The article talks about other platforms charging a fee to buyers instead but mentions nothing about eBay introducing this.

    Are they really making enough from ads on the site and vehicles to replace the lost revenue?

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    • swampdownloader@lemmy.dbzer0.com ⁨7⁩ ⁨months⁩ ago

      Not certain but I believe listings are now free to post but when you sell something they charge a commission. It has been this way in the USA for a while, if you’re a small vendor you can list a couple hundred/thousand items for free and they charge fees when sold.

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      • MurrayL@lemmy.world ⁨7⁩ ⁨months⁩ ago

        Those are exactly the fees they’re removing in the uk:

        On Tuesday, eBay said its move, which has taken effect immediately, meant private sellers would no longer pay so-called final value fees or regulatory operating fees when they sold on the site.

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      • GreatAlbatross@feddit.uk ⁨7⁩ ⁨months⁩ ago

        They’re also changing the way you get money after someone buys something.

        eBay balance, apparently. So by default, when a transaction happens, the money stays in eBay, and you have to manually transfer it out, instead of scheduled timed payouts.

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    • Elleo@slrpnk.net ⁨7⁩ ⁨months⁩ ago

      Previously you got 10,000 free listings a month on private seller accounts, now it’s 300. Which is plenty for actual private sellers, but businesses operating as private sellers will have to start paying for their listings

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      • wiccan2@lemmy.world ⁨7⁩ ⁨months⁩ ago

        That makes a lot of sense, I hadn’t considered that business sellers would still be charged.

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  • Naich@lemmings.world ⁨7⁩ ⁨months⁩ ago

    Yay.

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