I love the idea of no seller fees, but having buyers pay an additional fee with purchases will not go over well. I think it would just give buyers ANOTHER reason (like having to pay A LOT more for shipping) to buy things on Amazon.
@@FlippingandPunching Look at what happened with Mercari. I don't sell on that platform, but I know a lot of people who do/did. I would rather these selling platforms just reduce their seller fees instead of gouging our eyes out. It's bad enough that shipping prices are pushing buyers away. Adding additional fees definitely won't help. Just my opinion. 😉
This is exactly what happened when Mercari introduced zero selling fees, the fees go onto the buyer. Mercari sales already weren't my main selling platform vs eBay. I still get plenty of higher dollar purchases on Mercari even with the fees. I also have bought several items on Mercari even as a seller it doesn't bother me too much but it also creates more negotiating room because the seller doesn't have to think about the fees.
who would prefer ebay over amazon for new items? ebay shines with used items.. sneakers.. antiques.. rare items etc. ebay needs to focus on this and stop trying to become amazon. that's the problem.
My Mercari sales completely tanked when they did this! Even when I put in free shipping it still didn't help. In my opinion I kind of hope they don't do it.
It’s going to be interesting to see what happens. I’m intrigued to see the results from the uk in 3-6 months. It sounds like they had good results when they did this in the clothing category.
Ultimately, that would give the sellers less fees which would make them happy. The buyer would pay a slightly higher price. It wouldn't be such a dramatic shift. I would be ok with that. I would love lower selling fees, lol.
Hey Rod! Glad to hear you made it through the storm. Hopefully we avoid any more storms the rest of the season. Fingers crossed! Hope Mr Jack does better. We have a 14 year old Yorkie that is going through some of the same issues. Our pets are our kids now. 😊 I enjoy seeing the comic books you are selling. I just listed some signature slabs so hopefully those move. I have about 30 to send off to CGC in the next week or so. Take care!
Glad you guys are safe over there. My understanding of the no seller fees in the UK is that it is only for private sellers not Sellers with Stores. I don't feel that they will attract average buyers with charging them fees. To attract people to look at eBay as a shopping option when making online purchases for their needs/wants/gifts I don't think adding more $$ as fees will do that. When I talk to people about eBay they usually say "but Amazon is so much faster and cheaper". Maybe I don't explain eBay well enough but I feel that the average shopper would not understand more fees on top of taxes and shipping. I wish they would do a public campaign about reusing, recycling, upcycling and being able to find what you need/want on eBay platform. Many of us sellers take time and effort to make sure we are putting out quality items; cleaning/prepping and even some times repairing to make sure items do not end up in the land fill and can get to a new home. This is just my opinion. Although making money a priority for me selling on eBay, I am a little bit of a romantic in that I want to save the world of its unnecessary garbage, LOL!
I agree what Ebay needs to do more to attract buyers. I feel like that has been lacking for years. I get feeling that eBay doesn't think they need to attract buyers since they already had over a 130 million users. This change international has added more sellers to the Germany market. They have been trying this since 2023 over there. The vibe I got from the reports is that ebay is stating more Sellers have turned into buyers because of this process. They are hoping to continue that trend in the Uk with these new changes. Hopefully these changes due help to keep more items out of landfills.
Perhaps on high end items, Ebay could get away with buyer's premiums. But already many of us sellers get requests to lower our prices (even when they're rock bottom to begin with). I have to think that a buyer's premium will just drive customers away.
I can see that. They are seeing growth in sellers on the platform international due to no selling fees. They are stating that more of those sellers are buying now. I would need to see more data to see how that would work out for them long time. I am on the fence with it.
I sold a pair of Chrome Hearts Glasses this morning. I'm happy. I'd love no seller fees. I said last night that P9irate ship was normally lower on insurance, this morning ebay is lower with insurance and signature Glad you and yours are all safe. I'm extremely saddened as I didn't live far from the area in NC that is devastated. I think everyone is safe though. Did find out today that one of my estate sale runners passed 2 weeks ago which is the second this year.
I'm not sure I see this coming to the US. I think the other countries got it because finding merchandise is a bit of a struggle there and this helps their market, where as here, inventory isn't an issue.
They said that inventory in the UK is just like the US. They tested the market in 2023 in Germany. They had great results. I am also not sure if it will make it to the US but it is very interesting to see what comes from this.
Happy to hear you and yours are safe. Oh man, gotcha about dogs getting old and being sick. I had my baby girl for 16 1/2 years, made the choice of letting her go, the hardest decision 😢 I had to make, still not completely 💔 over it, she was with me through thick and thin. Keep Flipping and Punching ❤😊
Most of us are already paying for a store subscription every month and a lot are paying advertising fees every other sale... so its not like they are reducing everything the seller pays to 0.
I never knew the box was precious. I learned something from that video. I would have been the re-seller taping it to keep it more secure 😮 I don't think that the lady had ill intent. I'm glad you are ok from the storm. Love your videos. You might need to take a break-too much stress from all that.
We just lost two pets in the past month, we never get enough time with our fuzzies, but I'm glad you're pal is feeling a little better. I had a similar experience with a scam buyer that sent a cd player back completely destroyed. Fortunately, I was able to show ebay the original state it was in, but they also refunded the buyer and that's a bummer. Scammers should not be rewarded for their actions. I appreciated ebay siding with me though.
I think with so many people using whatnot and other platforms EBay realized they had to do something. Glad you are safe from hurricane. We were in St. Augustine during it and not much damage in comparison but heading back home to east Tennessee it was not fun.
Curious on how it doubled? eBay put out a report in 2022 that they had 138 million users. In 2023 eBay had 132 million users. Which is a 4.3% decline in users from the previous year. Whatnot had 2 million users in 2022 and increased in to 3.1 users in 2023.
@@FlippingandPunching I mean if eBay was 10 percent sellers and 90 percent buyers and it changed to 20 percent sellers 80 percent buyers. you can kiss an average of 10 percent of your sales goodbye and that doesn't bring in the factor of now competing on price points.
And you think nows bad. Wait until rummage season is over and all everyone has is the thrift markets then you'll understand how many more resellers there really is this year
Sorry your dog is sick, hope everything turns out ok. I can’t sell anything in the last 2 months on eBay and when I do it’s usually foreign buyers. I think people in the US don’t have the disposable income right now. Glad you’re ok after the hurricane.
on mercari when they did this my sale dropped like a stone. They have recovered some but not what they once was. Poshmark just started a 50\50 split between the buyer and seller we will se how that goes. Buyer premium in the US will not fly because the amazon effect people will just shop elsewhere although it will allow many small websites to grow
It’s going to be interesting to see what happens over the next year. I agree that people won’t like the buyer premium but if it becomes the new norm from reselling sites, it will be interesting to see what happens.
It would be great for the seller, but I think people buying a pair of jeans like I sell they will just buy at the store rather than paying a fee and shipping which will price sellers out of the market.
It happened to a lot of people. eBay is a different monster. I would be interesting to see what happens if they tried it. It must be working if they are rolling it out in another market.
@@FlippingandPunchingI sell on depop and they now split the fees between the buyer and seller. The buyer pays like a 5% fee and the seller pays the payment processing fees. My sales went way up over there, I think splitting it between buyer and seller was a lot more equitable for both.
I just lost my dog on Thursday. He was fine on Sunday. Monday he lost control of his back legs, Tuesday he was about the same. And On Wednesday he couldnt move anything but his neck. We took him to the vet on Thursday. His blood came back he just had enlarged prostate. And his disc in his back started to fuse today. But didnt explain the lost of movements. They gave him so meds and Told me if he gets worse to bring him back. But he passed over night. It was sad. We think it was his flea medication. It happened a day or so after we gave it to him. And if you read the side effects of flea medication this is know side effects in some dogs.
Omg, I’m so sorry to hear that. My heart goes out to you and your family. I had to take my dog to the Emergency Vet today. They are keeping him over night. Ugh
The rub with no seller fees is the percentage of the buyer fees, I would hope ebay would not try to replace seller fees with buyer fees. I think the seller fee will need to be under 10 percent to not have a major impact on sales. Its not the dollars but the perception.
@FlippingandPunching I'm not sure on numbers. But the biggest bone of contention here in UK is business sellers using private accounts to dodge fees. Ebay have promised to email all private sellers that sell too much to give them an ultimatum to switch to a business account or face a lifetime ban. I'm hoping ebay reduce or remove fees for businesses to align with vinted. Or even just pay a one off monthly subscription. Vinted is the biggest growing platform here all the younger people use it.
I still sell stuff on mercari. Its very few and far between. Mercari had issues well before they changed to No Selling fees. They have seen a financial decline for 2 1/2 years before they made the change to no selling fees. It was already on a decline well before they made that change. Hopefully we can see some financial numbers soon to see how its worked overall for the company.
I don't know. I feel things are so hard to predict nowadays. And there is just too much to going on right now, from election year, to economic changes still being affected by the world shutting down during covid. I just can't predict where things will go anymore.
I’ve got no problem paying seller fees. They certainly could afford to LOWER the fees. I sell small items and eBay makes a mint on my sales at 12.35% +$0.30. I sell a $2 baseball card and make $0.60 and so does eBay.
I believe it will be great and bring more sellers. It will also put more pressure on places like mercari because they won't be able to hang with big daddy eBay! Now, if whatnot did zero seller fees that would be a game changer because of their unique platform and the volume you can sell so quickly.
It will be interesting to see what happens. If it ever happens I feel like everyone will revolt against them but it would go back to normally after a couple of weeks.
It's hard to say. Ebay is a lot different than other platforms. I am sure people would be upset about it for a month or so. Then it would just go back to business as normal. People hate change.
@@FlippingandPunchingI'm super confused about how Posh is going to do their fees now with the different $ amounts. I hope it makes more sense to me when they implement it tomorrow but it almost sounds like the fees are going to be even higher on lower priced items, just split up I guess so maybe people won't complain as much.
Almost like the entire global financial market is experiencing a seismic shift for some reason, and the fees restructures are just one of the aftereffects of what's being implemented. This is not just the platforms competing against one another...
@@rjbourgeois5490 idk Amazon offered next day delivery and all the large brick and mortar stores tried to do the same and out speed Amazon with same day and curve side pickup.
They have gone up over the years but it’s still a lot cheaper than opening up my own site. I get it though. It seems like fees across the board have been on the rise.
Anything changes eBay implements is solely for increasing revenues. No selling fees for UK Sellers was to force them to move to a business account. Which they will have to pay a monthly fee. eBay also decrease the amount of free listings for private Sellers in the UK. This is all conjecture anticipating no selling fees for US Sellers. People have to stop thinking how the platform changes impact them directly. Thinking eBay is going to make a major fee change in the Sellers favor is short sighted. You think eBays CEO is clueless? eBays stock price has increased 50% this past year. I rarely see any TH-camrs showing videos on what’s working them on eBay. Mostly complaining about slow sales, fees, glitches, imaginary shut downs. The small percentage of Sellers who actually run their stores like a business are having success. Being a one person show is not a business no matter how many tens of thousands of listings you have.
You are correct. This is sales 101. I worked sales for many years. The company would change up our commission structure every six months or so to benefit them while still dangling the carrot in front of us. Businesses will make changes to increasing their bottom line. Implementing changes to their platform is always with their stockholders in mind first and foremost. I have been selling on eBay for 25 years now. These videos are done to open up discussion on the possibles of what may come down the line. We are seeing pattern in fee changes across multiple selling platforms such has eBay, Mercari, and Poshmark. Selling on eBay is a business. Being a one man show is not a scalable business. At some point you have to make the decision on expanding the business by hiring outside help or being content at a ceiling. It’s not always about making the most money for some. For some it’s about being happy and doing what you love. Some are able to balance both, while others lean one way or another. The greatest thing about reselling is there are many ways to do it. You just have to find what works best for you. I appreciate the comment and the discussion.
You pay that fee as a buyer, whether you pay it directly or the seller fees are passed onto you in the price. Consumers pay all costs of doing business.
@@AstroHunter5280 you may be right. They actually started to do it in the Germany market in 2023. It was a success there for them. Now they are expanding it. I’m interested to see the results from it over the next 6-12 months.
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U.K. has like a population of like 80 million. That’s still a big market to just let selling fees go.
Glad to here you’ll doing alright With the hurricane aftermath. Sorry to hear about Mr Jack not feeling well, just do the right thing for him and not for you. I just went through that with one our dogs, one of the hardest decisions I had to make, do I put him on his journey over the rainbow bridge or do I keep him going for my emotional well being. I decided to send him on his journey. He was like my shadow, always right by my side, always at the door when I got home from work, I miss him bad but I think about his suffering and know it was the right decision.
@@Excelsior_Real_Deal_Picker I agree with you 100%. I will NEVER let me dog suffer no matter how hard of a decision it may be. He is currently at the animal hospital as we speak. They are keeping him over night. It looks like he may have an infection of some sort.
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I love the idea of no seller fees, but having buyers pay an additional fee with purchases will not go over well. I think it would just give buyers ANOTHER reason (like having to pay A LOT more for shipping) to buy things on Amazon.
Buyers do not like change. Buyers are creatures of habit. I think they would complain for a month and things would go back to normal.
@@FlippingandPunching Look at what happened with Mercari. I don't sell on that platform, but I know a lot of people who do/did. I would rather these selling platforms just reduce their seller fees instead of gouging our eyes out. It's bad enough that shipping prices are pushing buyers away. Adding additional fees definitely won't help. Just my opinion. 😉
This is exactly what happened when Mercari introduced zero selling fees, the fees go onto the buyer. Mercari sales already weren't my main selling platform vs eBay. I still get plenty of higher dollar purchases on Mercari even with the fees. I also have bought several items on Mercari even as a seller it doesn't bother me too much but it also creates more negotiating room because the seller doesn't have to think about the fees.
who would prefer ebay over amazon for new items? ebay shines with used items.. sneakers.. antiques.. rare items etc. ebay needs to focus on this and stop trying to become amazon. that's the problem.
@@miamiwax5504 great point!
My Mercari sales completely tanked when they did this! Even when I put in free shipping it still didn't help. In my opinion I kind of hope they don't do it.
It’s going to be interesting to see what happens. I’m intrigued to see the results from the uk in 3-6 months. It sounds like they had good results when they did this in the clothing category.
Same with mine. They weren't great on there before it either but I have had 2 sales on Mercari since the change and 1 was cancelled
Sales have already tanked with the fees applied on my end so it doesn't really matter. It's just less money you pay for sale you actually get.
I'm glad you're doing ok. We've had quite the month, too. Just too much. I genuinely hope you guys are OK. You're such an asset to this community.
Thank you! I appreciate the kind words. I hope your month gets better.
I’m in West Palm Beach, FL. Glad to hear that you and your fur babies are safe.
Thank you! I hope you and your family are safe as well.
Instead of having 1 side of the transaction to pay ALL the fees, what if they split the fees between the buyers and sellers.
Ultimately, that would give the sellers less fees which would make them happy. The buyer would pay a slightly higher price. It wouldn't be such a dramatic shift. I would be ok with that. I would love lower selling fees, lol.
Hey Rod! Glad to hear you made it through the storm. Hopefully we avoid any more storms the rest of the season. Fingers crossed! Hope Mr Jack does better. We have a 14 year old Yorkie that is going through some of the same issues. Our pets are our kids now. 😊 I enjoy seeing the comic books you are selling. I just listed some signature slabs so hopefully those move. I have about 30 to send off to CGC in the next week or so. Take care!
Thank you! I wish you the best of luck with your Yorkie.
Glad you guys are safe over there. My understanding of the no seller fees in the UK is that it is only for private sellers not Sellers with Stores. I don't feel that they will attract average buyers with charging them fees. To attract people to look at eBay as a shopping option when making online purchases for their needs/wants/gifts I don't think adding more $$ as fees will do that. When I talk to people about eBay they usually say "but Amazon is so much faster and cheaper". Maybe I don't explain eBay well enough but I feel that the average shopper would not understand more fees on top of taxes and shipping. I wish they would do a public campaign about reusing, recycling, upcycling and being able to find what you need/want on eBay platform. Many of us sellers take time and effort to make sure we are putting out quality items; cleaning/prepping and even some times repairing to make sure items do not end up in the land fill and can get to a new home. This is just my opinion. Although making money a priority for me selling on eBay, I am a little bit of a romantic in that I want to save the world of its unnecessary garbage, LOL!
I agree what Ebay needs to do more to attract buyers. I feel like that has been lacking for years. I get feeling that eBay doesn't think they need to attract buyers since they already had over a 130 million users. This change international has added more sellers to the Germany market. They have been trying this since 2023 over there. The vibe I got from the reports is that ebay is stating more Sellers have turned into buyers because of this process. They are hoping to continue that trend in the Uk with these new changes. Hopefully these changes due help to keep more items out of landfills.
Perhaps on high end items, Ebay could get away with buyer's premiums. But already many of us sellers get requests to lower our prices (even when they're rock bottom to begin with). I have to think that a buyer's premium will just drive customers away.
I can see that. They are seeing growth in sellers on the platform international due to no selling fees. They are stating that more of those sellers are buying now. I would need to see more data to see how that would work out for them long time. I am on the fence with it.
@margaretbidnotte2995 as a buyer and occasional seller , buyers premium would be a big turn off for me .
👍Thanks for the updates. I am glad your family was ok. So sorry for the others that have lost so much.
Thanks! It’s really sad. The beach areas are a shell of what it once was.
So glad you and your family are ok. Prayers for all who were effected.
Thank you!
I sold a pair of Chrome Hearts Glasses this morning. I'm happy.
I'd love no seller fees.
I said last night that P9irate ship was normally lower on insurance, this morning ebay is lower with insurance and signature
Glad you and yours are all safe. I'm extremely saddened as I didn't live far from the area in NC that is devastated. I think everyone is safe though. Did find out today that one of my estate sale runners passed 2 weeks ago which is the second this year.
Im glad to hear you are ok. I sorry to hear about their passing.
I'm not sure I see this coming to the US. I think the other countries got it because finding merchandise is a bit of a struggle there and this helps their market, where as here, inventory isn't an issue.
They said that inventory in the UK is just like the US. They tested the market in 2023 in Germany. They had great results. I am also not sure if it will make it to the US but it is very interesting to see what comes from this.
Happy to hear you and yours are safe. Oh man, gotcha about dogs getting old and being sick. I had my baby girl for 16 1/2 years, made the choice of letting her go, the hardest decision 😢 I had to make, still not completely 💔 over it, she was with me through thick and thin. Keep Flipping and Punching ❤😊
Thank you. He got worse yesterday and I had to take him to the ER. They hospitalized him. We are praying for the best at the moment.
Praying for Doggo
Be safe! Im in the hit zone too but further in so hopefully we all come out okay! Best of luck!
Please be safe!
Most of us are already paying for a store subscription every month and a lot are paying advertising fees every other sale... so its not like they are reducing everything the seller pays to 0.
That’s a great point. I didn’t think about the eBay store or promoted listings.
EBay in the UK have given the private sellers no selling fees but the business sellers still pay selling fees,im in the UK
I didn’t know that. Thats interesting.
This is the same thing I saw when doing some research myself. It's odd it's only UK eBay but maybe MAYBE 😂 they'll roll it out in the US.
This is one of UK resellers given his view on the situation in the Uk th-cam.com/video/Aslq-56aFnk/w-d-xo.htmlsi=VyaxpaQqbedV2Mgp
@@ShredderMediaRetro in Germany ITS the Same. No fees for private sellers
I never knew the box was precious. I learned something from that video. I would have been the re-seller taping it to keep it more secure 😮 I don't think that the lady had ill intent. I'm glad you are ok from the storm. Love your videos. You might need to take a break-too much stress from all that.
Thank you. I don’t think she had ill intent as well. I think she had other issues going on. It all worked out in the end.
We just lost two pets in the past month, we never get enough time with our fuzzies, but I'm glad you're pal is feeling a little better. I had a similar experience with a scam buyer that sent a cd player back completely destroyed. Fortunately, I was able to show ebay the original state it was in, but they also refunded the buyer and that's a bummer. Scammers should not be rewarded for their actions. I appreciated ebay siding with me though.
I’m so sorry to hear about your pets. My heart goes out to you and your family. It’s never easy.
@@FlippingandPunching Thank you so much for your kind words.
If Ebay would do simple scalable flat fees for listing instead of percentages, it'd be a lot easier to factor it into the selling price...
I love that idea. I think Poshmark just announced something like that today.
I am so sorry about all your craziness but most of all about your pup! I have lost 3 in the last year and my son too. It’s so hard!
Omg, I couldn’t imagine going through what you have had to go through in the last year. My heart goes out to you and your family.
I think with so many people using whatnot and other platforms EBay realized they had to do something. Glad you are safe from hurricane. We were in St. Augustine during it and not much damage in comparison but heading back home to east Tennessee it was not fun.
I’m glad to hear you guys are safe. It’s crazy to see how far the hurricane had reached.
I'm going to be blunt sales are slow because the reseller market literally doubled this last year. But hey that's what happens when ppl exploit it
Curious on how it doubled? eBay put out a report in 2022 that they had 138 million users. In 2023 eBay had 132 million users. Which is a 4.3% decline in users from the previous year. Whatnot had 2 million users in 2022 and increased in to 3.1 users in 2023.
@@FlippingandPunching I mean if eBay was 10 percent sellers and 90 percent buyers and it changed to 20 percent sellers 80 percent buyers. you can kiss an average of 10 percent of your sales goodbye and that doesn't bring in the factor of now competing on price points.
And you think nows bad. Wait until rummage season is over and all everyone has is the thrift markets then you'll understand how many more resellers there really is this year
Sorry your dog is sick, hope everything turns out ok. I can’t sell anything in the last 2 months on eBay and when I do it’s usually foreign buyers. I think people in the US don’t have the disposable income right now. Glad you’re ok after the hurricane.
Thank you. My dog is currently at the Hospital in overnight care. Hoping for the best at the moment.
on mercari when they did this my sale dropped like a stone. They have recovered some but not what they once was. Poshmark just started a 50\50 split between the buyer and seller we will se how that goes. Buyer premium in the US will not fly because the amazon effect people will just shop elsewhere although it will allow many small websites to grow
It’s going to be interesting to see what happens over the next year. I agree that people won’t like the buyer premium but if it becomes the new norm from reselling sites, it will be interesting to see what happens.
It would be great for the seller, but I think people buying a pair of jeans like I sell they will just buy at the store rather than paying a fee and shipping which will price sellers out of the market.
If you don’t have to pay a fee, we could all lower our cost. It would still be cheaper for the buyer.
@@FlippingandPunching That is true :-)
When, Mercari went zero selling fees,,, my sales tanked!! I am lucky,, to sell 4 items a week !!
It happened to a lot of people. eBay is a different monster. I would be interesting to see what happens if they tried it. It must be working if they are rolling it out in another market.
@@FlippingandPunchingI sell on depop and they now split the fees between the buyer and seller. The buyer pays like a 5% fee and the seller pays the payment processing fees. My sales went way up over there, I think splitting it between buyer and seller was a lot more equitable for both.
I just lost my dog on Thursday. He was fine on Sunday. Monday he lost control of his back legs, Tuesday he was about the same. And On Wednesday he couldnt move anything but his neck. We took him to the vet on Thursday. His blood came back he just had enlarged prostate. And his disc in his back started to fuse today. But didnt explain the lost of movements. They gave him so meds and Told me if he gets worse to bring him back. But he passed over night. It was sad. We think it was his flea medication. It happened a day or so after we gave it to him. And if you read the side effects of flea medication this is know side effects in some dogs.
Omg, I’m so sorry to hear that. My heart goes out to you and your family. I had to take my dog to the Emergency Vet today. They are keeping him over night. Ugh
The rub with no seller fees is the percentage of the buyer fees, I would hope ebay would not try to replace seller fees with buyer fees. I think the seller fee will need to be under 10 percent to not have a major impact on sales. Its not the dollars but the perception.
I agree on that.
Its Zero selling fees here in UK but only for private accounts not for Business sellers.
Yea, I saw that after I made this video. Any idea on what the number of business accounts vs private accounts are in the UK?
@FlippingandPunching I'm not sure on numbers. But the biggest bone of contention here in UK is business sellers using private accounts to dodge fees. Ebay have promised to email all private sellers that sell too much to give them an ultimatum to switch to a business account or face a lifetime ban. I'm hoping ebay reduce or remove fees for businesses to align with vinted. Or even just pay a one off monthly subscription. Vinted is the biggest growing platform here all the younger people use it.
I haven't sold on mercari since the changes even with free shipping it never helped me at all.
I still sell stuff on mercari. Its very few and far between. Mercari had issues well before they changed to No Selling fees. They have seen a financial decline for 2 1/2 years before they made the change to no selling fees. It was already on a decline well before they made that change. Hopefully we can see some financial numbers soon to see how its worked overall for the company.
I don't know. I feel things are so hard to predict nowadays. And there is just too much to going on right now, from election year, to economic changes still being affected by the world shutting down during covid. I just can't predict where things will go anymore.
There are a ton of stuff going on right now. It's going to be interested to see how it turns out.
I’ve got no problem paying seller fees. They certainly could afford to LOWER the fees. I sell small items and eBay makes a mint on my sales at 12.35% +$0.30. I sell a $2 baseball card and make $0.60 and so does eBay.
I would mind a split fee with buyer/seller. Poshmark is switching their model to that. It would be interesting to see how it plays out.
If they do this in the US I'll do free shipping for the first time ever.
@@SAXON7147 👍
I believe it will be great and bring more sellers. It will also put more pressure on places like mercari because they won't be able to hang with big daddy eBay! Now, if whatnot did zero seller fees that would be a game changer because of their unique platform and the volume you can sell so quickly.
I would love to see whatnot do buyer premium and zero selling fees
@@FlippingandPunching definitely a game changer!
@@FlippingandPunching I also believe the next company to allow #bitcoin as payment will be the king of reselling platforms.
@@TheHobbySpot710 I can see someone doing that down the line.
I am a buyer on EBay and if they charge me a fee for buying I will no longer buy from them!
It will be interesting to see what happens. If it ever happens I feel like everyone will revolt against them but it would go back to normally after a couple of weeks.
It's a good sign but I have my doubts in the U.S. Unless they are going to pass the fees to the buyers like Mercari. We'll see.
That’s what they are doing in Germany and The UK. The buyer pays a 3-8% fee.
Thanks Rod, don’t you think if eBay charge the buyers our sell will drop. Just want to know because you are experienced in selling on eBay.
It's hard to say. Ebay is a lot different than other platforms. I am sure people would be upset about it for a month or so. Then it would just go back to business as normal. People hate change.
Even if they would lower the selling percentage would be nice
That would be nice.
I just heard that Posh was also changing its selling fees
They just announced it! Crazy
@@FlippingandPunching love it since I left eBay to sell on Posh, now if they could do away with the flat shipping fee would be amazing
@@FlippingandPunchingI'm super confused about how Posh is going to do their fees now with the different $ amounts. I hope it makes more sense to me when they implement it tomorrow but it almost sounds like the fees are going to be even higher on lower priced items, just split up I guess so maybe people won't complain as much.
Almost like the entire global financial market is experiencing a seismic shift for some reason, and the fees restructures are just one of the aftereffects of what's being implemented. This is not just the platforms competing against one another...
@@rjbourgeois5490 idk Amazon offered next day delivery and all the large brick and mortar stores tried to do the same and out speed Amazon with same day and curve side pickup.
love the idea of no seller fees
That would be nice.
Well that was interesting! Glad to year you guys are ok
Thank you!
Thank God you're ok and family and dogs and cat❤
Thank you!
I stopped eBay selling because the fees tripled over the years
They have gone up over the years but it’s still a lot cheaper than opening up my own site. I get it though. It seems like fees across the board have been on the rise.
Anything changes eBay implements is solely for increasing revenues. No selling fees for UK Sellers was to force them to move to a business account. Which they will have to pay a monthly fee. eBay also decrease the amount of free listings for private Sellers in the UK. This is all conjecture anticipating no selling fees for US Sellers. People have to stop thinking how the platform changes impact them directly. Thinking eBay is going to make a major fee change in the Sellers favor is short sighted. You think eBays CEO is clueless? eBays stock price has increased 50% this past year. I rarely see any TH-camrs showing videos on what’s working them on eBay. Mostly complaining about slow sales, fees, glitches, imaginary shut downs. The small percentage of Sellers who actually run their stores like a business are having success. Being a one person show is not a business no matter how many tens of thousands of listings you have.
You are correct. This is sales 101. I worked sales for many years. The company would change up our commission structure every six months or so to benefit them while still dangling the carrot in front of us. Businesses will make changes to increasing their bottom line. Implementing changes to their platform is always with their stockholders in mind first and foremost.
I have been selling on eBay for 25 years now. These videos are done to open up discussion on the possibles of what may come down the line. We are seeing pattern in fee changes across multiple selling platforms such has eBay, Mercari, and Poshmark.
Selling on eBay is a business. Being a one man show is not a scalable business. At some point you have to make the decision on expanding the business by hiring outside help or being content at a ceiling. It’s not always about making the most money for some. For some it’s about being happy and doing what you love. Some are able to balance both, while others lean one way or another. The greatest thing about reselling is there are many ways to do it. You just have to find what works best for you. I appreciate the comment and the discussion.
Be safe, brother!
Thank you!
Awesome video, man
Thanks man!
I quit buying on Mercari because of the buyer fee!
I don't blame you.
You pay that fee as a buyer, whether you pay it directly or the seller fees are passed onto you in the price. Consumers pay all costs of doing business.
You got another hurricane coming
Ugh, it’s coming right for me too!
Dang, way to hook up your viewers, an pumpkin cat house originally priced at $199 sold to a viewer for $12.99, what a hook up, LOL
That sounds so much better than my pricing error. I’m going with your answer 😂
Itll never happen in the US. Market is too large. Thats why they are testing it in the good ole UK
@@AstroHunter5280 you may be right. They actually started to do it in the Germany market in 2023. It was a success there for them. Now they are expanding it. I’m interested to see the results from it over the next 6-12 months.
U.K. has like a population of like 80 million. That’s still a big market to just let selling fees go.
That’s still a small market and a perfect size to test
Mr Jack! Love to him!
Thank you. He needs it’s right now. We are at the ER and they are going to keep him over night. Wish us luck.
It’s a scam. We now have to mark stuff down bc buyers won’t pay as much now that they have to pay extra fees. It was fine how it was.
It’s going to be interesting to see how it pans out on the UK market over the next 6 months.
Rod think of you and your wife as you all navigate Mr Jack health issues.
Thank you.
No selling fee!!!❤
Do you think they will bring it up the US Next?
@@FlippingandPunching I think they will, it would help me.
I wish your dog will feel better and better ohhhhhhh
Thank you. He is not doing that good. He is currently hospitalized getting treatment.
Jokes on us, click bait yes but lying must be in your character.
😂
That’s not click bait. It’s exactly what the title is. There are no selling fees in EBay Germany or EBay UK market. They are expanding the program.
LarryM, dude what are you on about. Leave Rod alone.
Glad to here you’ll doing alright
With the hurricane aftermath. Sorry to hear about Mr Jack not feeling well, just do the right thing for him and not for you. I just went through that with one our dogs, one of the hardest decisions I had to make, do I put him on his journey over the rainbow bridge or do I keep him going for my emotional well being. I decided to send him on his journey. He was like my shadow, always right by my side, always at the door when I got home from work, I miss him bad but I think about his suffering and know it was the right decision.
@@Excelsior_Real_Deal_Picker I agree with you 100%. I will NEVER let me dog suffer no matter how hard of a decision it may be. He is currently at the animal hospital as we speak. They are keeping him over night. It looks like he may have an infection of some sort.
Nice click bait dude 🙄
It literally talks about EBay’s announcement yesterday for zero selling fees In the Uk .
Maybe a vet visit for the dog since he’s older and not feeling well…you want to make sure he’s not in pain!
We are at the emergency room as we speak. Wish me luck.
Horrible idea