Why does Ebay charge fees on Shipping & Sales Tax
ฝัง
- เผยแพร่เมื่อ 12 พ.ค. 2024
- Why does Ebay charge fees on Shipping & Sales Tax
My Listing service "Ecommerce Listers"
www.Ecommercelisters.com
Rockstarflipper@gmail.com
2023/2024- Reselling/Social Media Training Bundle- (ebooks and private videos)
• 2021 BLACK FRIDAY Rese...
List Perfectly Cross Posting Tool:
bit.ly/2wvgYAP
(Use discount code RockstarLP for 30% off the first month)
My Reseller Genie Accounting + Inventory Program: (use code ROCKSTARFLIPPER15) (all caps)
www.myresellergenie.com/?ref=...
LICENSED CPA Mark Tew "Not your Dads CPA"
courses.notyourdadscpa.com/a/...
FREE Accounting Spreadsheet download-
sowl.co/s/fRuhk
Buy AWESOME & Cheap bubble wrap here:
www.americanbubbleboy.com?sca_ref=769608.x5jTWIOjmt
My Public Ebay Store-
ebay.to/3cYj0v4
Join my Reselling Facebook Group (126,000+ members)-
/ rockstarflipper
RESELLING SUPPLIES:
Thermal Printer- amzn.to/3bQlJt3
Wireless Thermal Printer- amzn.to/3OblYvV
Light Kit- amzn.to/3bI81pC
Shipping Scale- amzn.to/3te9rOu
Tape Gun- amzn.to/3vcVmm2
FREE ebay shipping supply store- ebay.to/3bvdZZz
MY Email- Rockstarflipper@Gmail.com
Follow me on Social Media:
Facebook- @Rockstarflipper
Instagram- @Rockstarflipper
TikTok- @CaseyRockstarflipper
(Some links may be affiliate links and earn me a small commission without costing you anything extra should you purchase from them) - แนวปฏิบัติและการใช้ชีวิต
![Mirrr x BUS5 - กี่เหตุผล (1000REASONS) [Live Session]](http://i.ytimg.com/vi/6Ta00hFr2qU/mqdefault.jpg)
Guys and Girls don't sweat the small stuff and keep moving
I don't sweat the EB fees. I sweat the up and up increase in postage costs. The USPS must be stopped.
Given that eBay knows exactly how much we paid to a shipping service, why does eBay charge us a fee on that amount alone? Because they can. If big-tech companies could put everyone in chains and suck their blood out, they would.
Obivously you didn't listen to any part of this video
@@RockstarFlipper I did!
I'm just happy to get a sale!!!!
And that is great. But you are not the one that keeps the overloads checked, and keeps your nice life. It is those who question and persecute that do that for you.
As always, this channel keeps us informed in reselling news information. 📰 💯
No problem at all!
Poshmark was great to get my feet wet, cuz it says right out, "Sell for $25 & receive $20" But Ebay, it's an unknown equation, I haven't the foggiest idea what it will be. It reminds me of going to Canada & paying with American money and just hoping they gave me the right amount back in Canadian. I just make sure that everything is weighed so that I don't short myself on shipping like I used to. I don't miss those days ! And buy so low that I can loose.
It isn't unknown... you can google their fee structure and use it
@@RockstarFlipper Ok, but the sales tax, that number isn't known until after they purchase. And it will be different every time. I'm not complaining, but it would be nice to see the fee total while I'm waiting for the buyer to pay. No one could ever know all that tax info! For example some shoes in Massachusetts are taxable & some are not! Go figure! - Nope! I don't want to. But if Ebay could just make the buyer pay after I've accepted their offer, that would be great! ;)
Fee's on taxes kill me. I've been selling on Ebay for over 20 years and I don't mind most of the fees. The article I just read said Ebay does about 2 billion transactions a day. If each of those transactions was a 1 dollar that would be 2 billion in sales. Now lets say only half pay tax so 1 billion and the tax rate was est. 8% that $80, 000,000. Now lets say Ebay's fee is 13% that's $10, 400, 000 in fees on taxes. Let's Ebay only actually collects 10% of that 13% as an example. Then they would be making a daily profit of $1,400,000. I'm not sure of the cost to process taxes for all the sellers on Ebay but I'm betting it's not $1,400,000 x 365 = $379,600,000. To me profiting off of taxes is pretty low. All that said I'm stilling selling on the platform and Ebay knows they're currently the best way to go so we all stay.
Great Info!! Just pay and SHUT UP!! 😅
LOL YES
I have a Facebook portal 1gen somebody wants 40 bucks should I hold onto it or sell it and it’s brand new factory seal never been out the box
What do comps say?
eBay is ridiculous with their fees. Do they not understand without sellers, they don't exist?
Thank you for explaining.
Anytime!
🤣
Used to sell thousands of 1¢ items back in the day, it was fun while it lasted.
Can't share the other tricks that currently work.
Oh i know them all, but I am NOT sharing them worldwide
5:10 I wonder if you might be off by 10x here :)
$0.35 x 100 = $35 not $3.50.
Cheers,
Julien
For a while my city had the highest sales tax in the US at 10.25% I sure miss the loophole days of buying items and not paying sales tax! Supreme court messed that one up.
I've only ever sold a product on ebay once and it cost me about $4 shipping and this was 2-3 months ago. Now as of recently I'm randomly being charged $4.27 out of the blue and little to know explanation is being given to me. I just know that my bank is calling it a "Preauthorized debit" or something with a random users name. I can't even go back and look at my sales history because it's deleted for some reason?
You would think the geniuses at eBay would have a system that recognizes that a video game doesn't cost $80 to ship. I think they create their own problems sometimes and when they have to fix it, it rarely helps the sellers.
They had a system like that in place, very very briefly. A per-category fee free shipping cap would have been a reasonable compromise. But they had a virtual monopoly on the second hand market and could do whatever they wanted, and did.
@@johnathin0061892 Agree. The sad thing is say I wanted to "not ship to California or zone 8" because I didn't want to pay the extra fees because shipping is more and their taxes are higher. I couldn't opt out of that. I guess there's a reason they are called FEE-BAY lol
Anytime you have to pay tax it sucks !!! And promoted doesn't help my sales. FYI!
Promos help with saturated items
Thank you for the breakdown
Anytime!!
So which ever state you sell from you the seller collects the sales tax in your state and eBay collects it in all the other states, is that right?
Ebay handles ALL OF IT
Ebay could do an opt in for people who want to be only charged the fees on the sale price(how many people actually read the fine print on opt in/out). Conditions would be they would be responsible for the sale tax reporting to every state(Ebay would still inform IRS of the amount that should be paid by seller), they would be required to input accurate box dimension and weights for items and HAVE to use calculated shipping with no flat shipping fees and required to purchase shipping labels through Ebay. I think it would be hilarious how many dishonest sellers would mess this up. And actually if they really tried Ebay could make it pretty much foolproof but why would they take away a revenue stream?
State laws require eBay to collect the tax, eBay cannot opt out of doing it for anyone. (You can argue those laws are not legal because the Wayfair decision by the Supreme Court was illegitimate, and it absolutely WAS illegitimate, but eBay can't do anything about it.)
If Ebay didn't collect it they are liable for it. Either way the tax man gets their money.
eBay fees should be price sensitive, 7% on under $5 items like it used to be in the beginning. Also sensitive to the proportion of shipping cost paid to buy eBay labels vs the item price. Supporting small business is all upside.
I completely agree. I'd figured this out on my own with regard to fees on sales tax. I'd much rather pay eBay FVF on the tax and let them do the paperwork and remittance of sales tax to all the states my items ship to.
Since promoting listings is an option, I don't really have an issue with them charging FVF on that, either, if it brings more sales.
jmho
Sold an item for 42$ I ended up with 32$ wtf that’s so lame
Yeah why is it lame? 15% is $6.30 and any promoted you did or the label... you can start your own website and spend millions on marketing
They are doing the work. I'm good with it. I take an item, set an amount I want to get, and multiply that by 1.45. I then add $2 to set my listed price. I expect people to offer $2 less, so I get the price I wanted to get. That formula has been working well for me the past couple years.
Well you must have been watching the Facebook group that Facebook group I was talking in today about this very subject. You are being so apologetic for eBay. The problem we have is eBay making a profit off of the sales tax. So let's start with your standard fee of 13% and you promote at 8% eBay is going to take 21% on top of the sales tax money that you never even see. What eBay needs to do is not profit off it and charge a flat standard fee like the credit cards would for processing of 2% it is absolutely ridiculous if you agree with eBay taking 20% profit. I am someone who makes six figures so $100,000 dollars someone would pay $1,400 in sales tax. eBay would turn around and take an additional 1400 away from the seller.
Now do Canada and make it make sense, you can't. I understand you're in the USA where shipping is reasonable, but Canada is not reasonable. F the Canada shipping cost, it is outta control.
I disagree. There is a difference between ebay paying our sales tax and them taking their final value fee on the whole item.
We’ll go ahead and explain….
eBay paying our sales tax and charging a fee on it is Pennie’s. 14% on $1.30 lol is $.18.
Meanwhile your welcome
To go register with all 50 states and pay it yourself. Quarterly. Or months.
From a business viewpoint, FVF on shipping was a GENIUS idea
So was slavery.
The real answer is, "Because they can, and there is nothing we can do about it".
This one I never understood why people get so mad over lol.
Every payment processor charged on the full amount. Your gas station gets charged a fee on the tax just like your grocery store.
Like most other little things on ebay, people get so worried about things that just don’t matter and that won’t help them make more money instead of focusing on things that do such as sourcing the best possible items you can.
YES THIS COMMENT!!