Your video really helped me decide whether to open a store! One thing though, about your math on the starter store - if a non-store and a starter store both get 250 listings as standard, wouldn't the costs be equal on your 99th extra listing, factoring in the initial $4.95 and the $.05 difference paid for each extra listing? That would mean your 100th extra listing is when you would start paying more for not having a store.
Justin, thanks for sharing that with me. Unfortunately, I made a mistake in calculating the first tier store (starter). Although I recommend most frequent ebayers to just get a store if they don't have one, it almost makes more sense to just jump to a Basic store rather than even messing with the starter. Cheers! Jason
When comparing Non Vs Starter you state that someone should switch to Starter if they seller more then 265, this is wrong because 15 * .35 = 5.25 but if someone was using the starter it would be 15 * .30 + 4.95 = 9.45. If someone uses over 350 listings it would be worth it to switch to a starter store. Because 100 * .35 = 35 and for starter it’s 100 * .30 + 4.95 = 34.95.
@@jasonmhayes I completely agree it is worth it to jump to a starter store just for the benefits. With all due respect, your math is 100% incorrect. At least in the way you're presenting it. You fail to mention that you're still paying $4.50 for the 15 listings after upgrading. You're saving 75 cents on those 15 listings while tacking on $4.95 for the store. So, at 265 listings, you're going from spending $5.25 for the extra 15 listings to $9.45 for a Starter Store with 265 listings. So, saying it's "worth it" is incorrect. It's not worth it until the 5 cents per listing you're saving covers the cost of the store. So, you're not saving money until you're listings are above 350. UNLESS! You're just doing it to have store benefits. lol. At that point, it's worth it to sling an extra $5 at eBay. If you're getting a store to save money on insertion fees, the starter store makes no sense in any situation.
@@jasonmhayes I have to agree with Connor on this. You are not comparing against the basis which is .35c. You are calculating based on 0 cost on the upgraded store level. From no store to basic, you need to compare 30c against 35c which is 5c. It takes 99 listings to make that math work. From Basic to the next level, you need to divide $17 by 5c (the difference) which is actually 340 items.
In all the years of selling, I was never aware of a coupon or stipend to use towards shipping supplies. Now I need to call them and recoup or at least begin getting some of the perks. Thank You
Thank you for the breakdown. I'm just getting serious about making my store my main gig, and was close to settling at starter as a treat for making it a year, but Basic looks to be my bag for now. Be well!
Just came across this video when looking for information on ebay stores; we have been contemplating for a while; still not sure because with a subscription (non store) we can still do promotions, put store away, and lower our prices by $ or % amount; guess the main delta is the listing fee reduction, ebay supplies credits and sending out coupons etc. Thank you for the information.
Wow, thank u so, so much!!!! I have watched A LOT of videos trying 2 figure out if I need a store, then which store, etc. My life is so stressful right now (has been & will continue 2 be) I have not been able 2 set aside time 2 do basic math 2 figure this out. I have told myself & my family I have 2 get this done for weeks if not months now. You explained it so much clearer & with so much detail, u put these other Ebay store videos 2 shame. It was so easy 2 understand & I hope I'm not the only who needs this issue laid out this way or else I'm going 2 be confused. I feel really dumb now 🤪 not only do I need a store, I need the Basic store right off the jump, skipping this Starter one 😂 Anyway, TY so much!! I feel like a huge burden has been lifted & I know exactly what I need to do & why I need 2 do it. I appreciate it so much & the fact u made it so anyone could understand & not feel like I'm missing something. Now that I see the formula of coming up with the correct numbers, I feel confident that I will be able to go up or down in my store subscriptions depending on my specific number of listings, etc. Wish I could give the video 100 👍
Leah, thanks for the generous review!! I am so glad it helped and the main reason why I make videos like this: to help others get going in their business. Best of luck with your store. I agree with you, skip the starter and jump to the basic. You're going to crush it!
Hi Jason. Cool video and channel. Just to be clear, I fall under the Non category, but I thought financially it made sense at 349 listings since both the Non and Starter give you the same amount, 250. Unless you care about the perks, then it may make sense sooner. So only the 5 cents need to be multiplied by the additional listings (on top of the free 250), not the entire 30 or 35 cents. In other words, once you reach 99 (extra listings) x .05 = $4.95 is when the math to justify a starter store kicks in. Is that right, or do we actually get 500 free listings (250 free + 250 on top for the starter store) with a starter store? Thanks!
Casey, Thanks for reaching out! I appreciate your comment and taking the time to respond. In regards to the "math" behind my calculations, you actually do have to take into account the full price for each additional listing. You pay 35 cents extra per listing, so how many of those added up will reach the $4.95 total cost. Thats how I came to the response that I did. You are correct in taking the other "perks" into consideration. It may justify pulling the trigger sooner, rather than later. Hope this helps! Best of luck
Thanks, Jason, and I think you and your channel are awesome...just not too sure I follow, because you would still need to spend, on everything over 250 (for both Non and Starter) .30 and .35 cents.... that's whether you go over 15 listings or 100 listings, the only difference is .05 cents. Sorry if I'm making no sense here, but for me, the most important question is whether you get 250 or 500 free listings with the Starter store, and I gather you only get 250 (same as Non) which then really I would have to be at 349 before it makes sense to upgrade. Thanks for making my brain work, and I may still upgrade soon anyways for the other perks. Have a great week and may your store have a good one too!
@@caseygutierrez5349 Your math is correct. With a starter store you still only get 250 free listings. At 63 listings over 250 with a non store, you're spending the amount a Basic store would cost and gain an additional 750 free listings. The starter store is pointless if your intention is to use it to save on insertion fees. I think he hasn't accounted for the fact that you're still paying $4.50 on those 15 listings even after you pay $4.95 for the store. You're doubling your cost if you upgrade to a starter store at 265 listings.
@@dustinfreeman9882 much appreciated! I thought something was off. Thanks for the clarification. So the Starter store makes sense if you are going after the extra perks or if you are listing way more than 250...since both Non and Starter have the same 250 free listings to begin with...as opposed to the other higher levels which actually give you free listings increase 👍 Pointless is a good word if you are only going after the free listings. Thanks again.
I may be confused. I don't have an eBay store subscriptions, but I can promote listings, use the seller dashboard, and switch to VACA mode. As far as I can tell the only feature I can't do is a marketing percentage sale discount. I only list about 60-80 listings/month now as a part-time seller. I've been trying to justify an ebay store subscription, but still haven't justified it yet.
Very informative Jason, trying to learn all I can before jumping in.Waiting on Amz, they are making ir harder for us.Ok , new to all this stuff, so by listings you mean sales correct? Let's say you list 2 items, if you sell those 2 and it automatically re-lists you're down 2 listings from the 250 correct? So listings is like total sales/transactions? Thank you again. Just subscribed.
Awesome info! Thanks so much for dumming it down for us-keep this good work up and you won't need ebay any longer. You'll become a full time educational tuber-you! Enjoy!
At the end of the day the listing doesn't fuckin matter. What matters is the item limits, and you start off with 5 items or $500 a month. And they refuse to raise it no matter the positive feed back or production. You're only real option is to upgrade to a business account.
Great video. Your video really helped me figure out which store is right for me and at what point I should move up in my eBay store subscription. Thanks again!
Great video. I've been paying the 59 for a premium and only list 350 listing a month, looks like I need to downgrade to the basic store. Been over paying now for about 3 years. Thanks for breaking this all down!
Question, if you don't mind: If I don't have a store, then what does my "inventory base" look like? Say, if I only have 100 or so items to sell, will they all be viewable on one site, or will they just sort of be randomly out there in the ether? Thanks!
I'm at the starter store. I am thinking about moving to basic. Right now I have about 650 listings. All are auctions except 3. I think with basic I get 250 auction style listings. 1. In the basic store if I go over 250 auction listings what happens? 2. Should I convert all to a fixed listing? 3. Are fixed listings renewed every 30 days until sold? 4. Let's say I have 650 fixed listings. When they renew monthly will that leave me with 350 to list?
Quinton, great question.. let me answer in order. 1. If you go over the allotment of 250 auction listings in the BASIC store, you will be charged 25 cents per listing. 2. I generally don't do auctions. It will depend on what you're selling but I only recommend auctions for those items that are in HIGH DEMAND and get several bids over a week long span. If you aren't selling high demand items, I would suggest converting those listings to Buy It Nows. 3. Fixed price listings ARE renewed every month if they don't sell. Its pretty simple to not have to worry about them ending. It's pretty seamless. 4. You are correct. If you switch to the BASIC store and convert many of those auctions to BINs you will get 1000 listings to use, so yes, you will have roughly 350 left over if you want to add more listings later. You will still have 250 auctions as well. BASIC comes with a total of 1250 listings. Hope that helps! Best of luck with your biz. Jason
Thank you for putting this out there in an easy to understand matter. I have been considering upgrading to a store but haven't had the time to sit and do the math. Thanks for doin the math for me!
ebay has given me a limit of 600 items with a vvalue of 24k over 4 months of running my store... i am going too up my game and get a premium store today!!! i am so excited to take my ebay hobby and make it a career. this started as something i did for fun and now making a full time living off it
@@jasonmhayes i got the premium store but it did not raise my limits... i called ebay and they said because they raised the limit earlier this month i have too wait 30 days. do you think after the 30 days i will get the 10000 limit increase that it says the premium store gets????
Excellent job! I just downgraded from Premium to Basic. I have undee 900 Listings and never realuzws I was o erpaying. I was actually going to Cance because I will be our of tge countrt for 99 days. I will have to call EBay to push Vacatiin Mode (Time Away) from 30 to 90 days... it's only allowing me 30days.
When you get the lowest store, do you get the free 250 listings plus an additional 250 listings? Or the same 250 listings plus the additional perks? Also, does a store lower transaction fees?
Thanks Jason! Can you clarify for me: If you get 250 listings WITHOUT a store and then you jump to the STARTER store do you get an ADDITIONAL 250 listings for a total of 500 or is it the same 250 listings? Also, since eBay automatically renews your fixed listings each month, it's my understanding that this counts toward your free listings. So, if you have 250 listings up and they renew once a month, you've quickly eaten up ALL your free listings which doesn't leave you any room to list new items or "end & sell similar". Am I understanding this correctly? Your wisdom would be greatly appreciated.
Hey! You would get 250 for the starter store total... not additional. Yes, you are correct, each time an item is relisted, no matter whether sell similar/relist, it still counts as one listing of your allotment. Thanks for reaching out!
When u do a sale can you pick which items are on sale or is it whole store? Also the promoted listing are they automatically promoted and what is the cost of promoting items. This video has given me more questiins than answers 3 minutes in....
Jason, your video did help me, but your math is incorrect in comparing no store vs starter store. If I were to list 265 listings without a store, I would have to pay 0.35*15= 5.25. But if I had a store and were to list 265, I would have to pay 4.95+(0.30*15)=9.45. Since they both have the same free listings, you need to account for the fact you're still paying insertion fees after 250 for the starter store as well. I see you not quite understanding this in the comments, I hope I explained it better. Thanks!
I appreciate you reaching out! You are correct on that. Although you will get a lot of other benefits with a store vs. not having a store, you're math is correct. Thanks for pointing that out!
If you keep listing fixed price every month and get up to say 600 fixed price listing are you charged for the extra 350 per month if they are just fixed price? And then start trying to sell them auction style with the available 250 free listings a month?
Yeah I'm not looking to get into business, just sell about 5 or 6 things computer related that I have in my apt. When I read all the fees etc. I wasn't sure how I could get a decent amount of money on my items. I have to get a few things done on my pc and laptop. And the guy who fixes stuff told me he will only offer 50% of the sold items on Ebay for barter.. I'm wondering if I could get more money on Ebay selling them and paying him cash instead. I mean how much will Ebay take for profits fees etc? And is he ripping me off? or is there a certain $ amount I'd have have paid to me to make it worth my while?
Also why do you say when you have that many listing on your store compared to posting that many a month? I post 250 each month and they just roll over to the next? Or do they take up slots in the next month? If they don't sell?
Pierre, you are exactly right. Everytime an item doesn't sell and gets relisted on ebay you use 1 listing from your allotment. Thats why I have a suggest the store levels that I do. You have to factor those items that don't sell as well as the items you're adding.
Is that 250 in a month or do you get charged for your total listings? I just started recently and I have 454 listings already, so am I being charged for 204 listings? I'm guessing that's the case because I always seem to owe ebay money. All I've see from people is that you should list, list, list, which I have been doing consistently but it doesn't make much sence if I go over 250 and then have to pay extra, especially as a seller who is just beginning to figure out the nuance of this endeavor. If I purchase the starteer store, but have more listings planned as I have thousands and thousands of items I'm working on daily, it doesn't make sense to purchase a starter store because I'll be exceeding the 204 that I've already gone past the limit. This seems kind of scammy. Everyone says keep listing and focus on that when you start, but if your listings aren't being put in front of buyers and ebay is charging you for doing what everyone says you should do, then how does one break through? I sold around $600 in my first month and every time I turn around, e-bay is dinging me again for one thing or another. Thats a fairly large gap you're talking about between the 250 and over 1000 listings to jump to the next level, but the way I'm seeing it is I may as well skip the starter and go right to the next level because I'm not intending on removing listings to stay under 250. I'm not trying to do this to lose money. Granted, any business takes an investment of time and money and a rough patch you have to go through in order to come out the other side, but the ebay policies seem a little vague and it also seems like it's not realy set up for the new seller to get ahead. It's like they're standing in the way and whacking you with a stick while you're trying to make moves. Obviously they have a business to run as well, but it would seem that the more new sellers were able to succeed, the better it would be for everyone, including established stores and sellers. Maybe I'm seeing this wrong, but it certainly appears that they almost have a hazing system set up to see if you're willing to push through. I welcome a challenge, but it's also nice to have an idea what that challenge happens to be. Starting out with this thing I haven't had the time to read every little fine print section that comes along, who in their right mind does? You just hit accept and try to move forward. This was an insightful video and it's given me more questions, which seems to be a good thing rather than being a blundering idiot just wandering around out in the weeds with a golf club and a can of deep woods off.
Thank you for the video! If you have a Basic store and you pay for the year - then during the middle of the year you decide to change from the Basic to the Premium; does EBAY use the money you have put in for the Basic store towards the cost of the Premium store? OR Do you lose the money you put towards the cost of the Basic store? Thank you in advance!!
You're Welcome! Great Question: if you decide to go up in store, you basically just start paying the new amount so you don't lose anything. You're really just comitting to pay a monthly fee for one year. Of course, ebay would love to see you go from basic to premium since they'd be getting more money :)
same. is there any plan that lowers final value fee? i was watching a video from last year and they had plans that had final value fees lowered depending on the plan. it seems like they dont have that anymore?
Love this video. Very helpful! Newbie question. I’m was wondering if either non stores or stores listings keep relisting? Or if you have to start listing same items again & again (until sold) after a specific time frame? Thanks
Awesome EBAY STORE detailed and information presentation. I think I understand that you are entitled to so many listing per month, but does it matter if you already have let's say 3,000 listings and then plan to add X amount of listing per month. Does the total amount of your existing listings matter?
Larry, thanks for watching and reaching out! Yep, to answer your question, it absolutely matters. Everytime one of those 3000 listings renews each month your listing allotment is subtracted by 1 so if you have that many listings, you would DEFINITELY benefit from having a store and save quite a bit of money. :)
Great info and I didn't realize that you still paid monthly for an annual subscription. For the initial month are you billed upfront or at the end of the first month? Thanks!
How do you have the aptitude to list 10,000 items?!? It takes me an hour to list just 6 or 8 items. Now mind you all my items are used and quite specific and I usually need to take new pics everytime
Hello, I sell only collectibles through auction listings. Do sellers like me just go on through life with the fees or is the only option to use fixed price items to save money?
Thank you for all the info, I have a question, a lot of the benefits of having a store that you mention, like promoted listings, promoted listings campaigns, the seller dashboard with all those analytics, I do not have a store, yet I have been able to promote my listings for a long time, I am just an above standard seller (buyer?) I had my account for many years using it just as a buyer and only recently started to sell, since I have some of those benefits without paying for a store, I am a bit confused as to when would it make it worth it paying for one , thanks in advance!
Micaela, great question! I think ebay started giving some of the store perks to non store accounts since it does benefit ebay to have more users promoting their listings. That said, I'd still recommend a store at the levels I mentioned in the video. It's all going to depend on how many listings you have and whether you are growing rapidly or taking your time :)
Thank you so much! I am trying to decide if the savings in fees are worth moving up to a basic from starter store so I can list more but that is a big jump in monthly fee. OK. The first example is only a difference of 5 cents for each listing over 250, Between starter and basic, so it makes sense only if they are listing 250 + 99. But ebay takes a different amount as a percentage of sales between starter and basic, also the free ship supplies... Maybe you speak on these parts but I am over halfway through... I want to know how much in sales makes the difference in store costs null due to the less percentage taken by ebay.
You are correct on the lower final value fees for the basic. I know it is more each month, but I almost think its worth it to just upgrade to the basic level. What you get for only a little more each month is worth it in my opinion. Hope that helps :)
Great video man, that was excellent.!!!.. I do have a question that I ran into about switching to Basic... Let's say I list 250 items on eBay in week one. Nothing sells, then re-list the same items for week 2, week 3, and week 4, based on nothing selling at all for the month. Is that considered my 1,000 listings? does re-listing stuff count against that 1,000 items? Only using my scenario as a example to make it easier to explain !! :) I kind of tend to do more auction style vs buy it now, does either way make a difference? I have 158 items on eBay right now I went to re-list and now I'm getting the .35 fee. which is why I'm here watching your great video... lol Thanks
James, great question. Each time you relist an item, you are going to use up a listing. So in your case, you would burn through your 1000 listing allotment with 250 listings if you relisted every week. Hope that helps!
New seller that hit top rated and been selling for about 3 months. I have 10 listings that net 3-4K a month. Is there any benefit for me to buy a store if my single listings sell 100+ quantity’s?
Great Question! In your case, maybe its not worth it. Just depends if you'd like some of the features that a store provides (ability to run sales, vacation settings, etc). Entirely up to you :) Thanks for the comment!
Great question! Having a store doesn't affect your IRS status in any way. The IRS will still want to know about the income you make regardless of whether you have a store or not.
These comments are ridiculous. Pay the $4.99 or $9.99 or whatever and get the dang store for God’s sake. If you are actually making any sales your customers are paying the fee anyway. It’s not like it’s coming out of your checking account.
Jason for someone with maybe 10-20 items in their home and not knowing if they will continue with eBay would you recommend a starter store? Also, have you sold on other platforms? If so, what platforms?
Patrick, thanks for reaching out! Honestly, I would wait and see with only that amount of listings. I don't think it's enough to justify spending for a store. I do sell on 4 other platforms. It's been HUGE for my business. (Poshmark, mercari, grailed, facebook, depop). Best of luck
I have a premium store but only have 428 listings so I should go down to a Basic, but I see they charge extra $15.95 for Seller Manager Pro. Is that worth it?
I think it depends. If you plan on continuing to build your inventory I would likely just stay at the premium level. But if you think you'll stay around 400 listings, it may be worth it to drop down.
@@jasonmhayes hey same question, I have the premium store, thinking of downgrading to basic but I guess I would have to go back through every listing and put the invintory number in the title, is that correct..?
Hello, will I need a bussiness license or a LLC or anything of the sort before subscribing(or even after) to subscribe to a eBay store, or do i need to file taxes as self-employment or something? would appreciate if youd reply to this, i did research and i couldnt find the answer, i figured you would know since you have a subscription
Great Question! You don't need a business license at all. You can open an ebay store without it. At some point, once you start selling many things a day, it may be worth it to you to talk to a CPA and figure out the best time to register as a business to save on taxes. But totally unecessary to get going with an ebay store.
Hi. Great video thanks. I have a question. I am new in eBay. I work on it seriously and have just 5-10 listings and no store yet and no sale yet. I want to be "starter" but not sure. I know that PPC and promotion are very important in this biz. Should I get starter-level now or wait for a few purchasing and get experience? Thanks in advance.
Hey! Great question! I'd honestly wait until you make some sales, let some time go by and see how you like ebay. Then once you've got several sales under your belt and you've continued to add inventory, THEN get a store. But waiting a few weeks/months I think is your best bet
I recently got the starter store before they did the big view reset and just starting to get views, but no sales in the past few weeks. I have a lot of items and have been switching them out with new items so I wouldn't go over 250. However, I believe I may be able to get more sales if I get the Basic store, so if I commit to a basic store for a year at a lower price, could I upgrade during the year if my sales pick up? Also, thanks for letting me know that I don't have to pay for the full year in advance. I thought you did. I also was confused about the promotions % as I think it may be wise to promote to a higher viewing spot, but not sure that eBays suggestions are correct. One person said it works great in the beginning, so should I wait until after I upgrade to basic?
Stephanie, thanks for reaching out! You will definitely be able to go up in store if you commit to the basic. You just wont be able to go down in store level without paying a penalty. Hope that helps!
Your video really helped me decide whether to open a store! One thing though, about your math on the starter store - if a non-store and a starter store both get 250 listings as standard, wouldn't the costs be equal on your 99th extra listing, factoring in the initial $4.95 and the $.05 difference paid for each extra listing? That would mean your 100th extra listing is when you would start paying more for not having a store.
Justin, thanks for sharing that with me. Unfortunately, I made a mistake in calculating the first tier store (starter). Although I recommend most frequent ebayers to just get a store if they don't have one, it almost makes more sense to just jump to a Basic store rather than even messing with the starter. Cheers! Jason
When comparing Non Vs Starter you state that someone should switch to Starter if they seller more then 265, this is wrong because 15 * .35 = 5.25 but if someone was using the starter it would be 15 * .30 + 4.95 = 9.45. If someone uses over 350 listings it would be worth it to switch to a starter store. Because 100 * .35 = 35 and for starter it’s 100 * .30 + 4.95 = 34.95.
@@jasonmhayes I completely agree it is worth it to jump to a starter store just for the benefits. With all due respect, your math is 100% incorrect. At least in the way you're presenting it. You fail to mention that you're still paying $4.50 for the 15 listings after upgrading. You're saving 75 cents on those 15 listings while tacking on $4.95 for the store. So, at 265 listings, you're going from spending $5.25 for the extra 15 listings to $9.45 for a Starter Store with 265 listings. So, saying it's "worth it" is incorrect. It's not worth it until the 5 cents per listing you're saving covers the cost of the store. So, you're not saving money until you're listings are above 350. UNLESS! You're just doing it to have store benefits. lol. At that point, it's worth it to sling an extra $5 at eBay. If you're getting a store to save money on insertion fees, the starter store makes no sense in any situation.
@@jasonmhayes I have to agree with Connor on this. You are not comparing against the basis which is .35c. You are calculating based on 0 cost on the upgraded store level. From no store to basic, you need to compare 30c against 35c which is 5c. It takes 99 listings to make that math work. From Basic to the next level, you need to divide $17 by 5c (the difference) which is actually 340 items.
Bloody el guys this is more confusing . Would not know what or which way to go with this non v starter. Sorry to say this was just not helpful 😂😂😂😩😩😩
😂😂😂😂😂 I THOUGHT I WAS THE ONLY ONE WHO CAUGHT THAT😅 LEFT OUT THE 30 CENTS PER ITEM WHAT A WASTE OF
MY TIME
In all the years of selling, I was never aware of a coupon or stipend to use towards shipping supplies. Now I need to call them and recoup or at least begin getting some of the perks. Thank You
Major bummer, Robert. Hope you're successful in getting something.
Thanks for doing the math for me. I realize I need to go straight to premium. Your presentation style is easy to listen to and informative.
I hit the “Like” when you pulled out the paper and sharpie. Appreciate that you just want to teach.
Thanks! Glad you liked it
Thank you for the breakdown. I'm just getting serious about making my store my main gig, and was close to settling at starter as a treat for making it a year, but Basic looks to be my bag for now. Be well!
Thank you so much I have 600 listings in my starter store and those listing fees were eating me alive. Just upgraded to Basic store thanks to you.
What a great video. Very easy to understand for a newbie. Ty
Glad it was helpful! Thanks for sharing!
Thank you, this helped alot! I just upgraded from the starter to basic store, those 0.30 fees were starting to add up.
Nice work!
Thanks for the video and the help , i currently hit 1k listing and was trying to decided to go to the next level you helped me do just that
Wow. One of the greatest videos. I really appreciate you sharing this information so eloquently on the the four types of stores.
Glad it was helpful! Thanks Debra!
Just came across this video when looking for information on ebay stores; we have been contemplating for a while; still not sure because with a subscription (non store) we can still do promotions, put store away, and lower our prices by $ or % amount; guess the main delta is the listing fee reduction, ebay supplies credits and sending out coupons etc. Thank you for the information.
Thank you for the detailed explanation. This make so much sense!
So glad I found your video! So easy to understand (newbie!) and helpful! I’m looking for more of your videos right now! Thanks so so much!!!
Glad it was helpful! Thanks for commenting :)
Wow, thank u so, so much!!!! I have watched A LOT of videos trying 2 figure out if I need a store, then which store, etc. My life is so stressful right now (has been & will continue 2 be) I have not been able 2 set aside time 2 do basic math 2 figure this out. I have told myself & my family I have 2 get this done for weeks if not months now.
You explained it so much clearer & with so much detail, u put these other Ebay store videos 2 shame. It was so easy 2 understand & I hope I'm not the only who needs this issue laid out this way or else I'm going 2 be confused. I feel really dumb now 🤪 not only do I need a store, I need the Basic store right off the jump, skipping this Starter one 😂
Anyway, TY so much!! I feel like a huge burden has been lifted & I know exactly what I need to do & why I need 2 do it. I appreciate it so much & the fact u made it so anyone could understand & not feel like I'm missing something. Now that I see the formula of coming up with the correct numbers, I feel confident that I will be able to go up or down in my store subscriptions depending on my specific number of listings, etc. Wish I could give the video 100 👍
Leah, thanks for the generous review!! I am so glad it helped and the main reason why I make videos like this: to help others get going in their business. Best of luck with your store. I agree with you, skip the starter and jump to the basic. You're going to crush it!
Your the first person that I understood the different stores. Thank you so much!
Glad I could help!
Hi Jason. Cool video and channel. Just to be clear, I fall under the Non category, but I thought financially it made sense at 349 listings since both the Non and Starter give you the same amount, 250. Unless you care about the perks, then it may make sense sooner. So only the 5 cents need to be multiplied by the additional listings (on top of the free 250), not the entire 30 or 35 cents. In other words, once you reach 99 (extra listings) x .05 = $4.95 is when the math to justify a starter store kicks in. Is that right, or do we actually get 500 free listings (250 free + 250 on top for the starter store) with a starter store? Thanks!
Casey, Thanks for reaching out! I appreciate your comment and taking the time to respond.
In regards to the "math" behind my calculations, you actually do have to take into account the full price for each additional listing. You pay 35 cents extra per listing, so how many of those added up will reach the $4.95 total cost. Thats how I came to the response that I did.
You are correct in taking the other "perks" into consideration. It may justify pulling the trigger sooner, rather than later.
Hope this helps! Best of luck
Thanks, Jason, and I think you and your channel are awesome...just not too sure I follow, because you would still need to spend, on everything over 250 (for both Non and Starter) .30 and .35 cents.... that's whether you go over 15 listings or 100 listings, the only difference is .05 cents. Sorry if I'm making no sense here, but for me, the most important question is whether you get 250 or 500 free listings with the Starter store, and I gather you only get 250 (same as Non) which then really I would have to be at 349 before it makes sense to upgrade. Thanks for making my brain work, and I may still upgrade soon anyways for the other perks. Have a great week and may your store have a good one too!
Starter store is 250 Total Listings. Hope that helps
@@caseygutierrez5349 Your math is correct. With a starter store you still only get 250 free listings. At 63 listings over 250 with a non store, you're spending the amount a Basic store would cost and gain an additional 750 free listings. The starter store is pointless if your intention is to use it to save on insertion fees. I think he hasn't accounted for the fact that you're still paying $4.50 on those 15 listings even after you pay $4.95 for the store. You're doubling your cost if you upgrade to a starter store at 265 listings.
@@dustinfreeman9882 much appreciated! I thought something was off. Thanks for the clarification. So the Starter store makes sense if you are going after the extra perks or if you are listing way more than 250...since both Non and Starter have the same 250 free listings to begin with...as opposed to the other higher levels which actually give you free listings increase 👍 Pointless is a good word if you are only going after the free listings. Thanks again.
you deserve more likes on this video this was very helpful unlike the 32 min video I almost wasted my time on
Wow, THANKS for the generous comment! :) Glad this video helped you.
I may be confused. I don't have an eBay store subscriptions, but I can promote listings, use the seller dashboard, and switch to VACA mode. As far as I can tell the only feature I can't do is a marketing percentage sale discount. I only list about 60-80 listings/month now as a part-time seller. I've been trying to justify an ebay store subscription, but still haven't justified it yet.
Thanks i thought we without a suite where still at 100. So i haven't utilized that extra. Now i have space to list. Might have to get a store.
Very informative Jason, trying to learn all I can before jumping in.Waiting on Amz, they are making ir harder for us.Ok , new to all this stuff, so by listings you mean sales correct? Let's say you list 2 items, if you sell those 2 and it automatically re-lists you're down 2 listings from the 250 correct? So listings is like total sales/transactions? Thank you again. Just subscribed.
Yes, in a sense... its total items listed + all the items you relist from your inventory. Not just new listings
Jason you are a great speaker! Easy to follow and understand. Thanks from Grammy Pammy from Kentucky
Awesome info! Thanks so much for dumming it down for us-keep this good work up and you won't need ebay any longer. You'll become a full time educational tuber-you! Enjoy!
Thanks Steven! Glad that it made sense for you and you found it beneficial! :)
At the end of the day the listing doesn't fuckin matter. What matters is the item limits, and you start off with 5 items or $500 a month. And they refuse to raise it no matter the positive feed back or production. You're only real option is to upgrade to a business account.
Great video. Your video really helped me figure out which store is right for me and at what point I should move up in my eBay store subscription. Thanks again!
So glad to hear!! Your comment is the reason why I made this video :) Glad it helped you figure out a great strategy for your biz.
Very helpful!! Thank you very much for this video!!
Glad it was helpful!
Great video. I've been paying the 59 for a premium and only list 350 listing a month, looks like I need to downgrade to the basic store. Been over paying now for about 3 years. Thanks for breaking this all down!
Happy to help anytime Mike!
@@jasonmhayes Could have sworn the premium only did 1000 listing, did that change or did I have that wrong for all these years?
Time away is now available to all sellers even those without a store.
Excellent video! I’m signing up for a basic store as we speak! Thank you!!
Glad it was helpful!
Thanks so much . This really helped. I just started out on eBay 🙏😆
Glad you found it helpful! Thanks Sallie!
Thank you for sharing this information. It is easy to understand. It is very helpful. Happy New Year!
Cecilia
I’m new to this this platform. Thanks for breaking it down. I liked the way you explained it.
Glad it was helpful!
Great video! many people do not realize the effort put into such a video.
Thanks Glen! Someone gets it Hahaha
Glad you enjoyed it
Question, if you don't mind: If I don't have a store, then what does my "inventory base" look like? Say, if I only have 100 or so items to sell, will they all be viewable on one site, or will they just sort of be randomly out there in the ether? Thanks!
I'm at the starter store. I am thinking about moving to basic. Right now I have about 650 listings. All are auctions except 3. I think with basic I get 250 auction style listings. 1. In the basic store if I go over 250 auction listings what happens? 2. Should I convert all to a fixed listing? 3. Are fixed listings renewed every 30 days until sold? 4. Let's say I have 650 fixed listings. When they renew monthly will that leave me with 350 to list?
Quinton, great question.. let me answer in order.
1. If you go over the allotment of 250 auction listings in the BASIC store, you will be charged 25 cents per listing.
2. I generally don't do auctions. It will depend on what you're selling but I only recommend auctions for those items that are in HIGH DEMAND and get several bids over a week long span. If you aren't selling high demand items, I would suggest converting those listings to Buy It Nows.
3. Fixed price listings ARE renewed every month if they don't sell. Its pretty simple to not have to worry about them ending. It's pretty seamless.
4. You are correct. If you switch to the BASIC store and convert many of those auctions to BINs you will get 1000 listings to use, so yes, you will have roughly 350 left over if you want to add more listings later. You will still have 250 auctions as well. BASIC comes with a total of 1250 listings.
Hope that helps! Best of luck with your biz. Jason
EXCELLENT!! Jason you do a wonderful job explaining things. Thank you so much!
You're very welcome! Thanks for the comment :)
Great information. Thanks. It's decision time for me after my 25th listing in 2 days.
Thank you for sharing this video, very useful to decision making. You are a great teacher, easy to follow. Truly appreciate you. God bless
You're very welcome! I appreciate your kind words :) Best, Jason
Thank you for putting this out there in an easy to understand matter. I have been considering upgrading to a store but haven't had the time to sit and do the math. Thanks for doin the math for me!
Glad it was helpful!
ebay has given me a limit of 600 items with a vvalue of 24k over 4 months of running my store... i am going too up my game and get a premium store today!!! i am so excited to take my ebay hobby and make it a career. this started as something i did for fun and now making a full time living off it
Chef Next Door, I'm stoked for you! Sounds like things have really taken off. Congrats on being able to make a full time living off of it :)
@@jasonmhayes i got the premium store but it did not raise my limits... i called ebay and they said because they raised the limit earlier this month i have too wait 30 days. do you think after the 30 days i will get the 10000 limit increase that it says the premium store gets????
@@jasonmhayes thanks man!
GREAT VIDEO! New Subscriber here, Thanks for the tips!
Thanks for the sub! Glad you liked this :)
Excellent job! I just downgraded from Premium to Basic. I have undee 900 Listings and never realuzws I was o erpaying. I was actually going to Cance because I will be our of tge countrt for 99 days.
I will have to call EBay to push Vacatiin Mode (Time Away) from 30 to 90 days... it's only allowing me 30days.
This video helped so much. Thanks for the info !
Glad it helped!
Great info! and so easily explained! Thank you so much. Answered all my questions!
Glad it was helpful! Thanks for reaching out Leah!
Great video . Thank you
Glad you enjoyed it
Super hellpful! Thank you so much for doing the math...my nemesis!🤪
You're Welcome Meaghan!
When you get the lowest store, do you get the free 250 listings plus an additional 250 listings? Or the same 250 listings plus the additional perks?
Also, does a store lower transaction fees?
What is the best type store for low fees ?
Thank you for making this video! You made it super easy for me to make a decision.. math just doesn't lie!
Glad it was helpful!
Thanks Jason! Can you clarify for me: If you get 250 listings WITHOUT a store and then you jump to the STARTER store do you get an ADDITIONAL 250 listings for a total of 500 or is it the same 250 listings? Also, since eBay automatically renews your fixed listings each month, it's my understanding that this counts toward your free listings. So, if you have 250 listings up and they renew once a month, you've quickly eaten up ALL your free listings which doesn't leave you any room to list new items or "end & sell similar". Am I understanding this correctly? Your wisdom would be greatly appreciated.
Hey!
You would get 250 for the starter store total... not additional. Yes, you are correct, each time an item is relisted, no matter whether sell similar/relist, it still counts as one listing of your allotment.
Thanks for reaching out!
Love this. Thank you. Been debating how to make a move. Appreciate your time.
Glad it was helpful!
When u do a sale can you pick which items are on sale or is it whole store? Also the promoted listing are they automatically promoted and what is the cost of promoting items. This video has given me more questiins than answers 3 minutes in....
Jason H, you can select certain items or categories to run sales on. Definitely worth it!
Jason, your video did help me, but your math is incorrect in comparing no store vs starter store. If I were to list 265 listings without a store, I would have to pay 0.35*15= 5.25. But if I had a store and were to list 265, I would have to pay 4.95+(0.30*15)=9.45.
Since they both have the same free listings, you need to account for the fact you're still paying insertion fees after 250 for the starter store as well. I see you not quite understanding this in the comments, I hope I explained it better. Thanks!
I appreciate you reaching out! You are correct on that. Although you will get a lot of other benefits with a store vs. not having a store, you're math is correct. Thanks for pointing that out!
This was extremely helpful! Thank you! 😊
Thank you for explaining this in a way someone new to this will understand. 😃
Glad it was helpful!
If you keep listing fixed price every month and get up to say 600 fixed price listing are you charged for the extra 350 per month if they are just fixed price? And then start trying to sell them auction style with the available 250 free listings a month?
Yes you are, thats why I say having a store is beneficial
Yeah I'm not looking to get into business, just sell about 5 or 6 things computer related that I have in my apt. When I read all the fees etc. I wasn't sure how I could get a decent amount of money on my items. I have to get a few things done on my pc and laptop. And the guy who fixes stuff told me he will only offer 50% of the sold items on Ebay for barter.. I'm wondering if I could get more money on Ebay selling them and paying him cash instead. I mean how much will Ebay take for profits fees etc? And is he ripping me off? or is there a certain $ amount I'd have have paid to me to make it worth my while?
❤❤❤
Very helpful...not confusing at all!
Also why do you say when you have that many listing on your store compared to posting that many a month? I post 250 each month and they just roll over to the next? Or do they take up slots in the next month? If they don't sell?
Pierre, you are exactly right. Everytime an item doesn't sell and gets relisted on ebay you use 1 listing from your allotment. Thats why I have a suggest the store levels that I do. You have to factor those items that don't sell as well as the items you're adding.
Is that 250 in a month or do you get charged for your total listings? I just started recently and I have 454 listings already, so am I being charged for 204 listings? I'm guessing that's the case because I always seem to owe ebay money. All I've see from people is that you should list, list, list, which I have been doing consistently but it doesn't make much sence if I go over 250 and then have to pay extra, especially as a seller who is just beginning to figure out the nuance of this endeavor. If I purchase the starteer store, but have more listings planned as I have thousands and thousands of items I'm working on daily, it doesn't make sense to purchase a starter store because I'll be exceeding the 204 that I've already gone past the limit. This seems kind of scammy. Everyone says keep listing and focus on that when you start, but if your listings aren't being put in front of buyers and ebay is charging you for doing what everyone says you should do, then how does one break through? I sold around $600 in my first month and every time I turn around, e-bay is dinging me again for one thing or another. Thats a fairly large gap you're talking about between the 250 and over 1000 listings to jump to the next level, but the way I'm seeing it is I may as well skip the starter and go right to the next level because I'm not intending on removing listings to stay under 250. I'm not trying to do this to lose money. Granted, any business takes an investment of time and money and a rough patch you have to go through in order to come out the other side, but the ebay policies seem a little vague and it also seems like it's not realy set up for the new seller to get ahead. It's like they're standing in the way and whacking you with a stick while you're trying to make moves. Obviously they have a business to run as well, but it would seem that the more new sellers were able to succeed, the better it would be for everyone, including established stores and sellers. Maybe I'm seeing this wrong, but it certainly appears that they almost have a hazing system set up to see if you're willing to push through. I welcome a challenge, but it's also nice to have an idea what that challenge happens to be. Starting out with this thing I haven't had the time to read every little fine print section that comes along, who in their right mind does? You just hit accept and try to move forward. This was an insightful video and it's given me more questions, which seems to be a good thing rather than being a blundering idiot just wandering around out in the weeds with a golf club and a can of deep woods off.
Thank you for the video! If you have a Basic store and you pay for the year - then during the middle of the year you decide to change from the Basic to the Premium; does EBAY use the money you have put in for the Basic store towards the cost of the Premium store? OR Do you lose the money you put towards the cost of the Basic store? Thank you in advance!!
You're Welcome!
Great Question: if you decide to go up in store, you basically just start paying the new amount so you don't lose anything. You're really just comitting to pay a monthly fee for one year. Of course, ebay would love to see you go from basic to premium since they'd be getting more money :)
Makes perfect sense. Thanks for the video! Keep the momentum. #yaymath
You're Welcome :)
Thank you, you saved me a lot of headaches.
Happy to help
Very good video. Really changed my perspective
Thanks! Glad it helped!
Great video, Was hoping for fees data tho, maybe next one
same. is there any plan that lowers final value fee? i was watching a video from last year and they had plans that had final value fees lowered depending on the plan. it seems like they dont have that anymore?
Thanks for the good information.
Love this video. Very helpful! Newbie question. I’m was wondering if either non stores or stores listings keep relisting? Or if you have to start listing same items again & again (until sold) after a specific time frame? Thanks
Awesome EBAY STORE detailed and information presentation. I think I understand that you are entitled to so many listing per month, but does it matter if you already have let's say 3,000 listings and then plan to add X amount of listing per month. Does the total amount of your existing listings matter?
Larry, thanks for watching and reaching out! Yep, to answer your question, it absolutely matters. Everytime one of those 3000 listings renews each month your listing allotment is subtracted by 1 so if you have that many listings, you would DEFINITELY benefit from having a store and save quite a bit of money. :)
Thank you, your explanation helped me make a decision
Glad I could help
Great info and I didn't realize that you still paid monthly for an annual subscription. For the initial month are you billed upfront or at the end of the first month? Thanks!
Hmmm. I don't remember this. I would guess you're billed up front but its just a guess
Very informative, thank you.
Glad it was helpful!
Do you have a video explaining how to keep track of sales and spending ?
Samantha, Thanks for reaching out! I do have my spreadsheet in a video from about a year ago. I explain in detail how I keep track of those things. :)
I need to check that video out.
@@jasonmhayes I will check it out! Thanks! Keep up the hard work I love your videos and Two Flippin Dudes!
Easy to understand and very helpful. Thank you
Glad it was helpful!
How do you have the aptitude to list 10,000 items?!? It takes me an hour to list just 6 or 8 items. Now mind you all my items are used and quite specific and I usually need to take new pics everytime
You are a good teacher! thanks for that info.
Very Helpful ty. My question is, If I commit to a basic store for one year, then decide to upgrade, do you get penalized for not paying a full year?
Not at all! Ebay would love for you to upgrade and pay more for a higher level store ;)
Awesome video! Thanks.
Great explanation!
this vid helped me make that decision. many thanks!
Truly valuable and well explained!!!!! Thank you 😊
Glad it was helpful!
Great info! I appreciate this!
Glad it was helpful!
Hello, I sell only collectibles through auction listings. Do sellers like me just go on through life with the fees or is the only option to use fixed price items to save money?
Thank you for all the info, I have a question, a lot of the benefits of having a store that you mention, like promoted listings, promoted listings campaigns, the seller dashboard with all those analytics, I do not have a store, yet I have been able to promote my listings for a long time, I am just an above standard seller (buyer?) I had my account for many years using it just as a buyer and only recently started to sell, since I have some of those benefits without paying for a store, I am a bit confused as to when would it make it worth it paying for one , thanks in advance!
Micaela, great question! I think ebay started giving some of the store perks to non store accounts since it does benefit ebay to have more users promoting their listings. That said, I'd still recommend a store at the levels I mentioned in the video. It's all going to depend on how many listings you have and whether you are growing rapidly or taking your time :)
@@jasonmhayes Thank you so much Jason :)
Thank you, Do you pay a premium fee for promotions with a store like you do when you don’t have a store?
Great video! Thanks! Subbed and liked!
Glad you like it :) Thanks for the sub!
Thank you so much! I am trying to decide if the savings in fees are worth moving up to a basic from starter store so I can list more but that is a big jump in monthly fee. OK. The first example is only a difference of 5 cents for each listing over 250, Between starter and basic, so it makes sense only if they are listing 250 + 99. But ebay takes a different amount as a percentage of sales between starter and basic, also the free ship supplies... Maybe you speak on these parts but I am over halfway through... I want to know how much in sales makes the difference in store costs null due to the less percentage taken by ebay.
You are correct on the lower final value fees for the basic. I know it is more each month, but I almost think its worth it to just upgrade to the basic level. What you get for only a little more each month is worth it in my opinion. Hope that helps :)
So it's annual but you're still paying month to month right?
Correct! :)
Great video man, that was excellent.!!!.. I do have a question that I ran into about switching to Basic... Let's say I list 250 items on eBay in week one. Nothing sells, then re-list the same items for week 2, week 3, and week 4, based on nothing selling at all for the month. Is that considered my 1,000 listings? does re-listing stuff count against that 1,000 items? Only using my scenario as a example to make it easier to explain !! :) I kind of tend to do more auction style vs buy it now, does either way make a difference? I have 158 items on eBay right now I went to re-list and now I'm getting the .35 fee. which is why I'm here watching your great video... lol Thanks
James, great question. Each time you relist an item, you are going to use up a listing. So in your case, you would burn through your 1000 listing allotment with 250 listings if you relisted every week. Hope that helps!
Can you skip the starter level, and go straight to the basic?
You definitely can
New seller that hit top rated and been selling for about 3 months. I have 10 listings that net 3-4K a month. Is there any benefit for me to buy a store if my single listings sell 100+ quantity’s?
Great Question!
In your case, maybe its not worth it. Just depends if you'd like some of the features that a store provides (ability to run sales, vacation settings, etc). Entirely up to you :)
Thanks for the comment!
Do you have to have a DBA or LLC or business ein to start an eBay store? There’s not much information on eBay about that.
Not at all!
Hi Jason for IRS purposes do I need to have an eBay store or it does not matter ? I am doing this for income I purchase items to sell at a profit
Great question! Having a store doesn't affect your IRS status in any way. The IRS will still want to know about the income you make regardless of whether you have a store or not.
These comments are ridiculous. Pay the $4.99 or $9.99 or whatever and get the dang store for God’s sake. If you are actually making any sales your customers are paying the fee anyway. It’s not like it’s coming out of your checking account.
Jason for someone with maybe 10-20 items in their home and not knowing if they will continue with eBay would you recommend a starter store? Also, have you sold on other platforms? If so, what platforms?
Patrick, thanks for reaching out!
Honestly, I would wait and see with only that amount of listings. I don't think it's enough to justify spending for a store. I do sell on 4 other platforms. It's been HUGE for my business. (Poshmark, mercari, grailed, facebook, depop). Best of luck
@@jasonmhayes Thank you Jason!
@@jasonmhayes Also, do you need to ship with Ebay boxes while using Ebay? Do you need to pay taxes if you just have the free personal ebay account?
Great video lots of information!
Thank You!!
I have a premium store but only have 428 listings so I should go down to a Basic, but I see they charge extra $15.95 for Seller Manager Pro. Is that worth it?
I think it depends. If you plan on continuing to build your inventory I would likely just stay at the premium level. But if you think you'll stay around 400 listings, it may be worth it to drop down.
@@jasonmhayes hey same question, I have the premium store, thinking of downgrading to basic but I guess I would have to go back through every listing and put the invintory number in the title, is that correct..?
My wife wants your Beast plush in the background.
Oh no, this has already sold. Bummer!
Hello, will I need a bussiness license or a LLC or anything of the sort before subscribing(or even after) to subscribe to a eBay store, or do i need to file taxes as self-employment or something? would appreciate if youd reply to this, i did research and i couldnt find the answer, i figured you would know since you have a subscription
Great Question! You don't need a business license at all. You can open an ebay store without it. At some point, once you start selling many things a day, it may be worth it to you to talk to a CPA and figure out the best time to register as a business to save on taxes. But totally unecessary to get going with an ebay store.
Hi. Great video thanks. I have a question. I am new in eBay. I work on it seriously and have just 5-10 listings and no store yet and no sale yet. I want to be "starter" but not sure. I know that PPC and promotion are very important in this biz. Should I get starter-level now or wait for a few purchasing and get experience? Thanks in advance.
Hey! Great question!
I'd honestly wait until you make some sales, let some time go by and see how you like ebay. Then once you've got several sales under your belt and you've continued to add inventory, THEN get a store. But waiting a few weeks/months I think is your best bet
@@jasonmhayes Thank you for your answer. In my mind :)
I recently got the starter store before they did the big view reset and just starting to get views, but no sales in the past few weeks. I have a lot of items and have been switching them out with new items so I wouldn't go over 250. However, I believe I may be able to get more sales if I get the Basic store, so if I commit to a basic store for a year at a lower price, could I upgrade during the year if my sales pick up? Also, thanks for letting me know that I don't have to pay for the full year in advance. I thought you did. I also was confused about the promotions % as I think it may be wise to promote to a higher viewing spot, but not sure that eBays suggestions are correct. One person said it works great in the beginning, so should I wait until after I upgrade to basic?
Stephanie, thanks for reaching out! You will definitely be able to go up in store if you commit to the basic. You just wont be able to go down in store level without paying a penalty. Hope that helps!