eBay U.K. announced it will change its final value fees for casual sellers who use the fixed price format, beginning next month.
Effective July 21, eBay will move away from the tiered pricing for most fixed-priced items, in favor of a flat rate. After that date, sellers who are not registered as business will pay a 10-percent final value fee, up to a maximum final value fee of 40 pounds. The new fees will apply to items listed or scheduled to start on or after July 21.
eBay says the new pricing will make it "simpler and easier for you to calculate up-front the fees you'll pay."
Currently, eBay U.K. sellers using the fixed-price listing format pay a 9.9-perent final value fee on all items that sell for up to 49.99 pounds, except those that are media or technology related. Items that sell for between 50 pounds and 600 pounds are charged a fee of 4.95 pounds plus 5.9 percent of the final sale price. Products that go for more than that face final value fees of 37.40 pounds plus 1.9 percent of the final sale price.
The change to flat pricing will affect sellers who list on all categories, except eBay Motors, property and mobile phones with contracts, eBay notes in General Announcements. Pricing for auction-style listings will not change. Neither will insertion and fees for optional features, according to eBay.
In the U.S., sellers still pay tiered final values fees, depending on the category in which they sell, and how much their items sell for. For example, electronics sellers pay 8 percent of the item's sale price if it sells for up to $50. If the item sells for between $50.01 and $1,000, sellers pay 8 percent of the initial $50, plus 5 percent of the remaining balance. If the item sells for more than $1,000, merchants pay 8 percent for the initial $50 plus 5 percent of the next $50.01 to $1,000, plus 2 percent of the remaining balance.
Sellers offering books, DVDs and movies face the largest final values fees. They pay 15 percent of the final sale price for items selling for up to $50. For items that go for $50.01 to $1,000, they pay 15 percent of the initial $50 plus 5 percent of the remaining balance. For items that sell for more than $1,000, merchants pay 15 percent of the initial $50, plus 5 percent of the next $50.01 to $1,000 plus 2 percent of the remaining balance.
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Auctiva staff writers constantly monitor trends and best practices of those selling on eBay and elsewhere online. They attend relevant training seminars and trade shows and regularly discuss the market with PowerSellers and other market experts.