Don't ya think ebay is getting a little gready with fee bs?
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Post Posted: Tue Apr 19, 2005 2:06 pm 
 

Another random thought: does anyone else remember when it was hugely profitable to be using PayPal?

Think back ... PayPal had its ugly brown-ish web-site, they made fun of eBay and Billpoint constantly, and they ran all kinds of promotions and gimmicks. Ringing any bells yet ... ?

I'm thinking specifically of their "sign up another user" program. When I first got involved, they were offering $10 for every new user I could sign up. And it required no effort at all: if the winning bidder clicked on the PayPal link from the auction page and then decided to register with PayPal, my account was credited with $10. After a time, the offer went down to $5, then (of course) to zero, but I made, IIRC, something like $165 for doing essentially nothing. And it could have been more: the program initially offered $15 for signing up another user.

Also, there was a time when PayPal didn't charge the way they do now. The details have totally escaped me, but I believe I received PayPal payments for a few weeks with no fees whatsoever. Over time, the site changed, their battles with eBay/Billpoint became more intense, and various fees for various things were rolled out. Even then, though, it was pretty reasonable: PayPal used to do side-by-side comparisons with its service versus Billpoint, and (believe it or not) PayPal was clearly the way to go.

Man, I sound like Grandpa Simpson: "Back in my day, we didn't have any of these high-falutin' fees!" :)

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Post Posted: Tue Apr 19, 2005 4:03 pm 
 

jagd wrote:but noooo. Guess 20 million profit just isn't enough


Actually it isn't enough. Recall that back in January, eBay announced that their profits had surged 44% over the same quarter last year. How did the stock market react to the news? eBay's stock price tumbled 12% on the announcement, because they missed the Wall Street estimates. Whatever profit eBay is making, the market doesn't think it's enough.

  


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Post Posted: Tue Apr 19, 2005 5:06 pm 
 

so far people in the business of collectables, in general,have and are complaining about how EBAY has changed how people look for thir vises  :cry:.   but from this thread i think EBAY is destroying themselves with big fees.  for ten bucks or less and some gas money i can do several hundred selling at a flea market then go to my uncles house get smahed and and watch the pats win their third in a row.   may be the Ebay community should rethink how they do business.


anyone up for starting a gaming store???

jeff

  


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Post Posted: Wed Apr 20, 2005 12:08 am 
 

jhstissot wrote:so far people in the business of collectables, in general,have and are complaining about how EBAY has changed how people look for thir vises :cry:.  but from this thread i think EBAY is destroying themselves with big fees. for ten bucks or less and some gas money i can do several hundred selling at a flea market then go to my uncles house get smahed and and watch the pats win their third in a row.  may be the Ebay community should rethink how they do business.


anyone up for starting a gaming store???

jeff


I've been thinking about it but don't have the time and or credit/resources atm.  Anyone wanna invest?  I might rethink it lol

  

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Post Posted: Wed Apr 20, 2005 1:11 am 
 

ebay is not going anywhere until it has competition, and there is no one even on the horizon.


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Post Posted: Wed Apr 20, 2005 1:13 am 
 

Someone with a ton of money would have to start it and be willing to loose a few billion before they made a dime.

  

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Post Posted: Wed Apr 20, 2005 8:06 am 
 

No, believe it or not, the costs would not be all that high. If listings were free and the auction site took 1% of the sale price, AND offered free Paypal-style services, then the initial fees would be hardware/software, plus a few other minor ones. Ongoing ones would be salaries, ISP costs, and advertising costs. Millions maybe, but certainly not billions. It can easily be done, it is just a matter of someone doing it.


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Post Posted: Wed Apr 20, 2005 8:23 am 
 

Deadlord36 wrote:No, believe it or not, the costs would not be all that high. If listings were free and the auction site took 1% of the sale price, AND offered free Paypal-style services, then the initial fees would be hardware/software, plus a few other minor ones. Ongoing ones would be salaries, ISP costs, and advertising costs. Millions maybe, but certainly not billions. It can easily be done, it is just a matter of someone doing it.


The fact is not technically doing it, the fact is attracting people - and living while they reach a critical mass. Imagine adventuring in a new site where no one goes and find three-four AD&D listings of what you are searching for instead of forty pages...

THAT is the real problem. It's like a cat chasing its tail - no listings in there, not attractive to people, but not attractive to people means no listings in there...


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Post Posted: Thu Apr 21, 2005 12:37 am 
 

March 2005  




Sales $1,510
Ended listings 123
Ended items 123
Sold items 119
Average sale price per item $12
 
  Sales ($)  

4,000  

3,000  

2,000  

1,000  

0  


 



 








1/2005


 




 
$3,118











2/2005


 




 
$1,510







3/2005



 


 




Sales (Definitions)  


 
  Sold items  

200  

150  

100  

50  

0  


 



 








1/2005


 




198










2/2005


 




 
119









3/2005



 

 
  Average sale price per item ($)  

20  

15  

10  

5  

0  


 



 








1/2005


 




 
$15











2/2005


 




 
$12









3/2005



 


January 2005 February 2005 March 2005

Sales -- $3,118.12 $1,510.89  
Month-to-month sales growth -- -- -51.5%  
Ended listings -- 232 123  
Ended items -- 232 123  
Sold items -- 198 119  
Sold items % -- 84.2% 96.2%  
Average sale price per item -- $15.75 $12.70  
Total buyers -- 198 119  
Total unique buyers -- 89 57  
Repeat buyers % -- 40.4% 35.1%  






 



Fees (Definitions)  


 Show: Summary | Details
January 2005 February 2005 March 2005

Net eBay fees -- $262.15 $116.82  
Net PayPal fees -- $112.38 $100.08  
Net eBay & PayPal fees -- $374.53 $216.90  





 



Unpaid Items (Definitions)  



January 2005 February 2005 March 2005

Unpaid Item reminders sent -- 0 7  
Final Value Fee claims requested -- 0 6  
Unpaid Items reported as % of sold items -- 0.0% 5.9%






13% thats 13 fucken % man
what a bunch of gready cocksukers


January 2005 February 2005 March 2005

eBay

Fees

Insertion fees -- $93.22 $12.06
Listing feature fees -- $20.58 $7.85
Final value fees -- $139.75 $87.35
Subscription fees -- $15.52 $15.95
Subtotal -- $269.07 $123.21

 

Credits

Store referral credits -- $0.92 $0.00
Unpaid Item final value fee credits -- $0.00 $1.14
Other credits -- $6.00 $5.25
Subtotal -- $6.92 $6.39
 
Net eBay fees -- $262.15 $116.82
Net eBay fees as % of sales -- 8.4% 7.7%


PayPal
Fees -- $112.38 $100.08
Credits -- $0.00 $0.00
 
Net PayPal fees -- $112.38 $100.08
Net PayPal fees as % sales -- 3.6% 6.6%


eBay & PayPal
Net eBay & PayPal fees -- $374.53 $216.90





I think I'm gonna say fuck you paypal

  

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Post Posted: Thu Apr 21, 2005 12:58 pm 
 

draco76 wrote:I've been thinking about it but don't have the time and or credit/resources atm. Anyone wanna invest? I might rethink it lol


well me and a mate of mine have started up a business now and will be doing an online store. between us, we've now prb got towards 10,000 items we can utilise between ebay auctions / ebay shop and online store. this of course, includes about 3,000 miniatures, but even still, a nice large amount of stuff to start things with imo.

i hate ebay that much, which is what has started me thinking on this and its hard work setting up, but also good fun and satisfying too imo....

Al



  


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Post Posted: Thu Apr 21, 2005 1:18 pm 
 

ya I was thinking the online store thing but I wouldn't have the cash for the startup, you need a ton of stock.

  

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Post Posted: Thu Apr 21, 2005 2:01 pm 
 

draco76 wrote:ya I was thinking the online store thing but I wouldn't have the cash for the startup, you need a ton of stock.


well we are doing quite nicely - so why not?

we have some contacts too where we can get new stuff as well so hey gonna give it a go. worth a try in the end imo and its quite a lot of fun actually :)



  


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Post Posted: Thu Apr 21, 2005 2:57 pm 
 

lol well ok are 2 problems for me, A money, B space I am so out of room as it is......

  


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Post Posted: Thu Apr 21, 2005 4:53 pm 
 

what about combining forces with a site like this one that has a good following.  though the acaeum has a narrow focus the auction site not to

  

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Post Posted: Thu Apr 21, 2005 4:55 pm 
 

jhstissot wrote:what about combining forces with a site like this one that has a good following. though the acaeum has a narrow focus the auction site not to


combine forces with draco  8O  8O  8O  8O

(only joking chummer) :)



  


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Post Posted: Thu Apr 21, 2005 7:18 pm 
 

Wouldn't be a bad idea really if we had a Acaeum resell website, I'm sure many people here end up with extra stuff they don't want need from buying lots they could have the site reselll the stuff for them for a fee maybe 25% of what item sells for or something, with the site doing all the shipping/packing/listing work.  Probably get some rares on there now and then maybe have a smaller fee for big name shit like orange B3 or something maybe 15% fee.  Be even better to have it based in the uk and usa save on shipping on commen items or new items.

  

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Post Posted: Fri Apr 22, 2005 1:53 am 
 

draco76 wrote:Wouldn't be a bad idea really if we had a Acaeum resell website, I'm sure many people here end up with extra stuff they don't want need from buying lots they could have the site reselll the stuff for them for a fee maybe 25% of what item sells for or something, with the site doing all the shipping/packing/listing work. Probably get some rares on there now and then maybe have a smaller fee for big name shit like orange B3 or something maybe 15% fee. Be even better to have it based in the uk and usa save on shipping on commen items or new items.


yeah sounds like a cool suggestion to me.

this is a thing we are going to do too...gonna have a section where we are selling things for ppl as well for a small commission. we are just sorting a terms & conditions atm - getting someone in work to word it for me, so it sounds correct with the terms of law.



  


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Post Posted: Fri Apr 22, 2005 7:24 am 
 

Badmike wrote:
draco76 wrote:ok this is really pissing me off I just paid a $250 ebay bill...... and paypal fee's are getting outragous


look at this bullshit

Total Amount:
$90.01 USD
Fee Amount:
-$3.81 USD
Net Amount:
$86.20 USD

4.25% gez


If you think that's bad, wait until August when Paypal's fees go WAY up and get REALLY ugly. I'm thinking about offering discount shipping for those that pay by check or money order, except you're not allowed to state or advertise that in your listings (obviously). I suppose I can fit it on the invoice in some way to get around those rules. I'd rather hand money back to the customer than line Ebay/Paypal's pockets anymore.

Mike B.


Over on swordforum, people charge extra for paypal all the time to cover the costs.  I didn't know that wasn't supposted to be stated or advertised.


Regards,



Stephen

  


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Post Posted: Fri Apr 22, 2005 7:33 am 
 

frankfromgermany wrote:
Xaxaxe wrote:What's it all mean? I'm not sure; as I said, these are randmom thoughts. However, as long as the eBay/PayPal dynamic is the only real player in the online auction business — and, let's be honest, that's pretty much the case — small-time sellers like a lot of us here are forced to do two things: first, limit fees as much as possible (low openers, no BINS or reserves, no bold or other add-ons, etc.); second: pass on some costs to buyers.


Third: Build a customer base that trusts you and sell outside of ebay too. That's what i have been doing a lot lately. You don't get around the paypal fees, but at least you don't pay auction fees.

About the second, if you state the postage fees beforehand and increase them slightly to cover your costs you won't loose any serious bidders imo.


The easiest thing to do would be to establish an alternate auction site for a niche.  Using yahoo or one of the other established sites.

That would take a publicity campaign, but you could start it off with a link to your own website which would prominently list the other location.

If a critical mass of people could be moved to a single location (which would mean poaching every place you could find) you could generate niche competition.  It does exist in some genres and some locations.

So, of the people trying to be players, who offers a significantly better deal than e-bay?


+++++++++

Sample

xxx for sale.  "see our website for more offers"

Website describes the seller (maybe acaeum could host a directory for people to describe themselves -- that would be an important part of creating identity "an acaeum seller" for example) and notes that the "best collectables are auctioned at bizcompetitor.com -- link to D&D area on bizcompetitor.

FYI.

Anyway, see you guys when I get back from vacation.


Regards,



Stephen

  

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Post Posted: Fri Apr 22, 2005 9:58 am 
 

I never worry about ebay/paypal fees and I do quite a bit of reselling. I track all my data and purchases in excel spreadsheets. I created several columns and formulas that record the purchase price of each item and all fees, all shipping charges (and actual shipping) and provides a final profit per item. Each sale is calculated against the total price I paid for the lot plus shipping and a net profit (loss) is generated.

When I have sold everything in a given purchase, I just look at the net profit. I did well if it is at least 90% of the purchase price and hopefully more than 100%.

I never worry about anything else. Ebay and Paypal fees can go  :twisted:  themselves for all I care - if I make 100% profit, I don't sweat it and my life is a tiny bit less stressful.
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