EBay are already switching people from PRIVATE TO BUSINESS ACCOUNTS

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  • เผยแพร่เมื่อ 4 ต.ค. 2024
  • EBay are already switching people from PRIVATE TO BUSINESS ACCOUNTS
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    Items Andrea uses when reselling clothing:
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    Heavy Duty weighing scales (For FBA shipping up to 50kg) - amzn.to/3WPJpAZ
    Clear Round Seals for Sealing Board Games etc - amzn.to/2EavUVl
    Items we use to make our TH-cam videos:
    GoPro Hero Session compact camera - amzn.to/3oBE1VG
    Yeti Microphone for live streams - amzn.to/3ORRa7s

ความคิดเห็น • 211

  • @TheLiverpoolDelta
    @TheLiverpoolDelta 5 ชั่วโมงที่ผ่านมา +8

    eBay determines if a seller is a business or not based on the type of items they sell, and whether they meet certain criteria:
    Items sold
    If the seller buys items to resell, makes items to sell, or buys items for their business, they must register as a business
    Quantity sold
    If the seller plans to sell large quantities of items, they must register as a business
    Business outside of eBay
    If the seller already has a business outside of eBay, they must register as a business

    • @NicHills
      @NicHills  4 ชั่วโมงที่ผ่านมา +2

      Excellent info, was that direct from ebay?

    • @TheLiverpoolDelta
      @TheLiverpoolDelta 4 ชั่วโมงที่ผ่านมา +1

      ​@@NicHillsit was generated from googles AI

    • @TheLiverpoolDelta
      @TheLiverpoolDelta 3 ชั่วโมงที่ผ่านมา

      ​@@NicHills it was from Googles AI, so i don't know the original source.

    • @neilk77nk
      @neilk77nk ชั่วโมงที่ผ่านมา

      And begins the end of Ebay, they will end up being bought out within the next 10 years, they’re obviously struggling and trying to come up with solutions from every possible angle.

  • @FlippingJames
    @FlippingJames 4 ชั่วโมงที่ผ่านมา +7

    Wow, that is fast. 150 items a month is a lot though, that's 5 items a day, sold. Looks like I'll have to increase my popcorn order on my click and collect!

  • @TheLiverpoolDelta
    @TheLiverpoolDelta 3 ชั่วโมงที่ผ่านมา +12

    I see a lot of Anger from business sellers over these changes, I wouldn't worry one bit. eBay are now making Zero from private accounts so who's items do you think they will promote to the top of the search results? Selling for FREE will come at a COST, the cost will be Sticky Stock, no business seller wants Sticky Items.

    • @JYopp-d1n
      @JYopp-d1n 2 ชั่วโมงที่ผ่านมา

      As a private seller who never gets views you are spot on

    • @jdnetwork-reselling
      @jdnetwork-reselling ชั่วโมงที่ผ่านมา +1

      ' who's items do you think they will promote to the top of the search results?'
      The only items they push are items you pay to promote, so no this isn't how its going to work. Unless you want to be paying up to %14 extra fees to be number 1 in the list

  • @econrith
    @econrith 2 ชั่วโมงที่ผ่านมา +4

    eBay is bad, very very bad. Do not invest in a business there. Take your pot luck at private. Your items won't be seen much anyway.

  • @matthew5194
    @matthew5194 3 ชั่วโมงที่ผ่านมา +9

    150 a month regularly is a lot of sales. Way to many to be a private seller!

    • @judithpride1690
      @judithpride1690 3 ชั่วโมงที่ผ่านมา +1

      I agree! I've a feedback score of just over 600 after selling as a private seller since 2007. Selling a lot more in the last year due to a house downsize but nowhere near selling 150 items a month.

    • @worzelgummidge3617
      @worzelgummidge3617 3 ชั่วโมงที่ผ่านมา +1

      Exactly, im a full time business seller . Last 90 days ive had 230 sales. Totalling 15k. Thats alot of turnover for a private person!

    • @nicksmith4139
      @nicksmith4139 ชั่วโมงที่ผ่านมา

      I would totally agree, other than (as nic said) someone is selling off a personal collection of something. Maybe eBay are not going to simply look at one month but a pattern over several months.

  • @hamsternibbler5582
    @hamsternibbler5582 4 ชั่วโมงที่ผ่านมา +7

    RIP eBay. People wont hang around for much longer.

    • @fluffy-Muffin
      @fluffy-Muffin 4 ชั่วโมงที่ผ่านมา +12

      EBay isn’t going anywhere. It’s a huge, world wide e-commerce platform with a massive reach.

  • @johnhanley5546
    @johnhanley5546 3 ชั่วโมงที่ผ่านมา +4

    Let me guess...... private sellers pay no fees.... but everyone is a commercial seller?

  • @markfarney4210
    @markfarney4210 3 ชั่วโมงที่ผ่านมา +10

    Why offer 300 items a month then?

    • @chrisds6610
      @chrisds6610 ชั่วโมงที่ผ่านมา

      @@markfarney4210 Nailed it. Completely mixed messages.

  • @seanbrennan4447
    @seanbrennan4447 4 ชั่วโมงที่ผ่านมา +14

    But if you are a private seller and told you now have to move to a business but you are not a business .Well I think if you just a private seller and that happens I guess they will just leave eBay plus also from buying from eBay.

    • @TheLiverpoolDelta
      @TheLiverpoolDelta 4 ชั่วโมงที่ผ่านมา +3

      Correct. eBay must be targeting accounts that have large turnover. I run a private account alongside my Business account and know for a fact if I got that email I'd let the account die.

    • @les0101s
      @les0101s 3 ชั่วโมงที่ผ่านมา

      @@MSmith-i1k Did the fees just change for private sellers? Were you paying fees before?

    • @les0101s
      @les0101s 3 ชั่วโมงที่ผ่านมา

      @@MSmith-i1k Why wouldn't you buy again if you were a business seller? What is the difference?

  • @alisonriley6837
    @alisonriley6837 4 ชั่วโมงที่ผ่านมา +2

    This has to be done as otherwise as I think you say there will be two tier pricing. I have seen private sellers with inventory of 100s of items and shops too. It will be very easy to spot these sellers and hopefully get them to change. Keep on updating as I find it so useful
    Could chat about it all night x

  • @robsomething4435
    @robsomething4435 4 ชั่วโมงที่ผ่านมา +4

    I doubt it's the number of items being sold but a sustained revenue number that is driving them to call sellers out.

  • @joritmatena8778
    @joritmatena8778 ชั่วโมงที่ผ่านมา +2

    Big fan Nic, and good video on this fee/feeless situation! I'm from the Netherlands and sell as a businessseller on several platforms in the Netherlands (and also on ebay com a bit). But to be honest Vinted is King bij far with regards to interaction with your customers, feeless selling, insuranced shipping, etc. It does have some points to work on.... Customer service, a really bad unsearchable message inbox, no option to delete more than 1 item at ones, no option of searching through your own items, no bundled sales , etc.... But still, sooooo much more relaxt than Ebay. Just like in the video of George Ross... i'm paying around 25% fees to Ebay as a Dutch seller, which is madness really! Also Seller protection is to say the least a problem.. I would for sure give Vinted pro a shot! But you have to be a clothing / toy seller. Media works a bit.... Cheers, jorit

  • @Chenzo-sb6zu
    @Chenzo-sb6zu ชั่วโมงที่ผ่านมา +1

    Very interesting. Getting out the popcorn to see how all the drama will unfold. I'm sure we are going to see a lot of twists and turns over the next few weeks. I think Vinted have really freaked ebay out.😂

  • @stevie007
    @stevie007 4 ชั่วโมงที่ผ่านมา +3

    Great update thank you 💯💯

  • @seanworrall-s7i
    @seanworrall-s7i 4 ชั่วโมงที่ผ่านมา +1

    Amazing nic yes I had messege today as well from ebay but it was about free private selling

  • @mrfoameruk
    @mrfoameruk 4 ชั่วโมงที่ผ่านมา +4

    I heard that next year eBay will be charging buyers a fee on top of the purchase price.

    • @andrewhorner1078
      @andrewhorner1078 4 ชั่วโมงที่ผ่านมา

      Yes they will be doing it , poshmark are doing it in america just started the other day reduced seller fees seller pays 6.25% buyer pays 6.25% plus a set amount for for different price brackets , macari have done the same thing over there as well and there sales have slumped (cant understand why) so in theory the seller will be better off making more money per sale but the buyers have to pay extra ,both sites have seen a lot less sales

    • @Essydyk
      @Essydyk 4 ชั่วโมงที่ผ่านมา +1

      Yep that's what they said but the big question will be is it going to be an across the board fee so private and business sellers are on an equal footing?
      That's probably the move they need to move.

  • @missylucy9933
    @missylucy9933 4 ชั่วโมงที่ผ่านมา +5

    Interesting video thanks. 😊 I’m a private seller and have watched your channel for years, but exactly as you said, I’ll go months not using it then I’ll have a clear out and sell lots of stuff. Also confusing if I would need to pay tax or not, if I’m selling high quality items the money can ramp up, but it is my personal things and not items I bought to sell on. I still prefer to sell clothing on eBay as I feel I can ask more for the items than on Vinted!

    • @lancethrust9488
      @lancethrust9488 3 ชั่วโมงที่ผ่านมา +3

      YOU DONT PAY TAX ON PERSONAL THINGS AS MOST OF THE TIME YOUR LOSING LOTS OF MONEY IF YOU HAD TO BUY THEM BRANDNEW !!!!

    • @MrPaulMorris
      @MrPaulMorris 3 ชั่วโมงที่ผ่านมา +1

      If the items you sell are personal property (ie not bought with the intention of resale) then no tax is payable on them, regardless of value. Since, in the majority of such cases, the resale value is less than the original purchase price there would be no profit to declare anyway.

    • @worzelgummidge3617
      @worzelgummidge3617 3 ชั่วโมงที่ผ่านมา

      Lol. Bet you sell all sizes of high end clothing tick tock tick tock. Hmrc

    • @Ir-of4zn
      @Ir-of4zn ชั่วโมงที่ผ่านมา

      I think eBay is spying on resellers and watching TH-cam videos. There have been a lot of resellers crosslisting and having their item exported to other platforms. EBay has been watching all of this... The days of eBay being a decent platform are over...

    • @missylucy9933
      @missylucy9933 ชั่วโมงที่ผ่านมา

      @@lancethrust9488 Thank you! 🙏

  • @JonSheppardsells
    @JonSheppardsells 4 ชั่วโมงที่ผ่านมา +4

    Ebay are not stupid they see if they sell regularly

    • @IhateLiverpoolFC
      @IhateLiverpoolFC 4 ชั่วโมงที่ผ่านมา

      I know youre stupid and this will probably go straight over your head but you keeping moaning about business sellers selling as private on ebay yet you've been doing the same on Vinted for months. Pot, kettle, black.

  • @davesdigitaldomain
    @davesdigitaldomain 2 ชั่วโมงที่ผ่านมา +1

    eBay says as a private sellers. You get 300 free listings every month, and you only pay fees for optional listing upgrades or if you deliver to an overseas address.

  • @MasterofPieces
    @MasterofPieces 4 ชั่วโมงที่ผ่านมา +4

    Its unclear how ebay determines who should turn to a busienss. The example you gave there, the seller is operating within the limits ebay have set as a private seller... so why have they been flagged!!?

  • @MrSteamtrooper
    @MrSteamtrooper 4 ชั่วโมงที่ผ่านมา +4

    I haven't had a single sale since this announcement and i am a top rated seller! Today alone I've seen at least 6 private accounts that are clearly businesses. The one account even had 9.9K sales record. eBay is in no rush to sort this out, because they know a lot of those sellers are going to leave if they force a business account on them that awakens HMRC. So this here and there action is just for keeping up appearances!

    • @ROBERTTONUS
      @ROBERTTONUS 3 ชั่วโมงที่ผ่านมา +1

      yes my sales dropped off a cliff the moment this was announced

    • @ColaConkie
      @ColaConkie 3 ชั่วโมงที่ผ่านมา

      I haven’t had a sale in 4 days as I’m getting undercut by a lot

    • @worzelgummidge3617
      @worzelgummidge3617 3 ชั่วโมงที่ผ่านมา

      I thought I was the only one! Mine have dwindled significantly since. Its so great being a business account user. Right 😮

    • @flipmodeisthegreatest7247
      @flipmodeisthegreatest7247 2 ชั่วโมงที่ผ่านมา

      It's very frustrating. But surely these businesses can't afford to lose their ebay income suddenly, so are forced to transfer and ebay knows this.

    • @nicksmith4139
      @nicksmith4139 ชั่วโมงที่ผ่านมา

      Private accounts are reported to HMRC too remember! Once that 30 transactions in one year happens.

  • @sewingsecondhand
    @sewingsecondhand ชั่วโมงที่ผ่านมา +1

    As you mentioned in the video, I am a private seller been dormant on ebay for years but a family member died this year, leaving a large collection of vintage motorbike parts which I am selling, trying to list 20-30 items per week, but this will stop once they have all been sold. Hope this doesn't make me a business.

  • @danmiles391
    @danmiles391 4 ชั่วโมงที่ผ่านมา +4

    I also think the point about someone inheriting 100's of items or a collector selling their collection, are the very small minority of people selling 100s of items a month, they are the unfortunate false positives of that sort of system, ther eis no perfect way to decipher who is and isnt abusing the system.

    • @NicHills
      @NicHills  4 ชั่วโมงที่ผ่านมา +4

      Indeed, and the system will pick up people who perhaps are genuinely selling off their own private possesions

    • @Norrie-jj2ve
      @Norrie-jj2ve 4 ชั่วโมงที่ผ่านมา

      @@NicHills very good vid...thanks for sharing.... I collect militaria, and have started selling a few items a month on the bay, in the main I buy from there to add to my collection, at present I have 3/4 items listed to clear them out...hopefully I'll be left in peace...:)

    • @mrfoameruk
      @mrfoameruk 3 ชั่วโมงที่ผ่านมา

      @@NicHills If the algorithm is right 95% will be businesses they pick up. The false positives will have to decide if it's worth continuing. They could always sell their entire stuff to a real business seller. To be honest how many people are going to sell their inherited stuff on ebay? most will have the house cleared. They may keep a few items to sell but even if it was a collection they most probably would find a dealer to buy it all off them.

    • @ianbullock5621
      @ianbullock5621 3 ชั่วโมงที่ผ่านมา

      ⁠​​There are too many user cases to make a fixed rule about this in my opinion. Here are two I have personally experienced. 1) Many many years ago, I worked at a global consumer electronics company for a number of years, that had excellent staff sales scheme and built an extensive collection of equipment. On selling car entertainment items I had bought for my sons but they never used, eBay picked me up as a business user as I was selling brand new branded goods. Had to contact eBay and explain and they dropped the case. 2) When one of my best friends died I offered to clear his estate for his widow as the clearance people were low balling her, a mix of new and used with high end items (similar to what you might aspire to source at boot fairs) in the end the overall sold value was over £4K. In this case I heard nothing from eBay. Oh and before anyone comments I declared that one to HMRC as 0% consignment…..

  • @danmiles391
    @danmiles391 5 ชั่วโมงที่ผ่านมา +1

    they were doing this before all of these changes, they were doing it in august, incentivising them by offering 3 months no fees, and a free middle tier shop for 6 months

  • @poundgirl
    @poundgirl 4 ชั่วโมงที่ผ่านมา +1

    They are probably basing it on consistency....over 12 months ...so someone selling a similar amount every month over a certain amount a year is a business ..I'm seriously happy to be fair

  • @SilverTrowel631
    @SilverTrowel631 4 ชั่วโมงที่ผ่านมา +1

    That's the question we're all asking..... What criteria does Ebay use to determine a private seller from a business seller.
    I doubt they'll tell us because If they say for example 1K a month in sales or 50 items a month, business sellers may just restrict their own private accounts to those limits and possibly open other private accounts.

  • @Caesar1968
    @Caesar1968 3 ชั่วโมงที่ผ่านมา +2

    The simple rule is if you buy to sell for profit, then technically, you need to have a business account. Also, some banks are now restricting certain activities, so another way they'll close accounts unless it's registered as a business banking account.

    • @justinsmith1177
      @justinsmith1177 ชั่วโมงที่ผ่านมา

      @@Caesar1968 the rule is to obey the speed limit and nobody does.

  • @Equinox99509
    @Equinox99509 2 ชั่วโมงที่ผ่านมา +1

    Its very easy to distinguish a resellers account. Wish ebay could do that

  • @Adam2050
    @Adam2050 ชั่วโมงที่ผ่านมา +2

    Love to see them argue when I'm selling items privately and I have 2k worth of stuff which is mine.

    • @kevinleblanc1000
      @kevinleblanc1000 ชั่วโมงที่ผ่านมา

      Above £1000 you still have to pay tax on it

  • @flobbertop4278
    @flobbertop4278 ชั่วโมงที่ผ่านมา

    Nic, in one of my categories there is a seller with 4 shops, all with 2 -3000 items in each with multiple quantities, all private accounts. That’s at least 10k items.

  • @Crest6680
    @Crest6680 5 ชั่วโมงที่ผ่านมา +13

    Absolute joke of a platform

    • @fluffy-Muffin
      @fluffy-Muffin 4 ชั่วโมงที่ผ่านมา +3

      It’s a pretty heavy weight selling platform with a massive e-commerce reach around the world.

    • @lcf7609
      @lcf7609 4 ชั่วโมงที่ผ่านมา +2

      ​@@fluffy-Muffin Still a joke of a platform, they had it to good for too long, glad other platforms are now threatening there top dog status.

    • @mattbarber1987
      @mattbarber1987 3 ชั่วโมงที่ผ่านมา

      They're bricking it because now there are FINALLY other platforms gaining traction within their monopoly.

    • @TELE6220
      @TELE6220 ชั่วโมงที่ผ่านมา

      @@lcf7609 Their top dog status.

  • @thetruthwillwinoneday
    @thetruthwillwinoneday 3 ชั่วโมงที่ผ่านมา +1

    eBay has been so slow the last few weeks, earning a living is getting harder.

  • @SwappedUpGaming
    @SwappedUpGaming 4 ชั่วโมงที่ผ่านมา +2

    If they have 150 items per month its a business, if its 150 in one month its someone having a big clearout

    • @judithyoung3
      @judithyoung3 4 ชั่วโมงที่ผ่านมา

      Nope, not true at all 😬 Unfortunately......

  • @judithpride1690
    @judithpride1690 4 ชั่วโมงที่ผ่านมา +2

    ebay are likely to have created an AI programme to flag private accounts that act "out of the norm" of the majority of private accounts. Selling 150 items a month (over X period of time) may be combined with other factors, like listing more than 300 items per month (over X period of time) for example. That's all just a guess... but its simple enough to find out "rogue" accounts that act differently from the majority - financial services use it all the time to flag up money laundering etc.

    • @NicHills
      @NicHills  4 ชั่วโมงที่ผ่านมา

      That would make sense

  • @VidzVideo
    @VidzVideo 3 ชั่วโมงที่ผ่านมา +1

    This happened to me recently. I have a business account also but used a second account to sell items that are not part of the business. Apparently this was a business also according to eBay. I just went to a business account at the time as I didn't see it mattered much. Then they announced the no fee thing and I realised I should have contested it.

  • @neilherring
    @neilherring 2 ชั่วโมงที่ผ่านมา +1

    Shouldnt it be about the money you make, rather than the number you sell each month?
    If you sold 150 items a month for a pound, thats not much.

  • @grantmadden1972
    @grantmadden1972 ชั่วโมงที่ผ่านมา

    New follower now, enjoyed your take on this, interesting, thank you for being so straight forward

  • @Jack_Warner
    @Jack_Warner 3 ชั่วโมงที่ผ่านมา +1

    It seems that eBay still like to control their users, by holding on to funds raised by sales. Similar to PayPal. It's for this reason, I still won't sell on eBay.

  • @TheDrum2010
    @TheDrum2010 3 ชั่วโมงที่ผ่านมา +1

    Bee well and truly in bonnet 😂

  • @ravenspurplebeats5412
    @ravenspurplebeats5412 2 ชั่วโมงที่ผ่านมา +2

    i only sell so many items month, and its random if so but like 10 or less month as im not business, i assume it target accounts which sell high items consistent each month from private to business but also they should ask if you want change not force it on you.

  • @melcorry8097
    @melcorry8097 4 ชั่วโมงที่ผ่านมา +2

    Which private seller would it choose eBay platform as a business? And pay fees for no gain as a private seller with 600 inherited items of which I sell approximately five a week would it be worth the effort to become a business seller? The truth of the matter is eBay is failing. And have been for many months.

  • @Dave-kw7jq
    @Dave-kw7jq 4 ชั่วโมงที่ผ่านมา +1

    Hi Nic..I'm a private seller and made the mistake of " looking" at a business account but I went one key press too far aaand yep you can't get back. You have to create another new account. I thought as a private you could list 300 a month. Seems Cadgy is under that impression too.

  • @dsflowersandgifts
    @dsflowersandgifts 5 ชั่วโมงที่ผ่านมา +4

    Maybe eBay is basing it on turnover with the new £1000 turnover rule

    • @Essydyk
      @Essydyk 4 ชั่วโมงที่ผ่านมา +1

      £1k turnover is absolutely nothing per year so doubt that will be their way of thinking.

    • @dsflowersandgifts
      @dsflowersandgifts 4 ชั่วโมงที่ผ่านมา

      True but as you now legally have to report turnover over £1000 a year to HMRC maybe eBay is hoping as it’s so low that it will force lot of people to become business accounts
      Can’t see them basing it on number of items sold per month as you could list stuff at very low prices with not having to pay any fees

    • @tradingcardboss
      @tradingcardboss 4 ชั่วโมงที่ผ่านมา +1

      I would think HMRC Are forcing EBay to Hand data on sellers

    • @dsflowersandgifts
      @dsflowersandgifts 4 ชั่วโมงที่ผ่านมา

      Yes that is true the £1000 turnover law thing has been round for years but since it was made more public this year comes up very often always been business seller on eBay to be honest there needs to be rules in place before eBay forces you to have business account or people will just take mick and sell everything with no fees

    • @dsflowersandgifts
      @dsflowersandgifts 3 ชั่วโมงที่ผ่านมา +2

      If people are just selling odd items it’s fine but if people are selling items regularly each week or making items to sell really it’s a business if people are doing over period of time maybe eBay is looking at people’s sales over say 3 months and then judging if the amount is high enough to be considered a business

  • @markanthony4086
    @markanthony4086 4 ชั่วโมงที่ผ่านมา +1

    I would guess they would look at items sold over a period of time, for example a 12 month period and if there are 100 or more items consistently sold every month over the year then they would assume that person is operating a business...who knows?

    • @lancethrust9488
      @lancethrust9488 3 ชั่วโมงที่ผ่านมา

      WONT BE THAT ITS GOT TO BE SOMETHING ELSE

  • @pettydabbler2752
    @pettydabbler2752 4 ชั่วโมงที่ผ่านมา +1

    sounds like their returning to the old ways, made the mistake of trying to sell my magazine collection and learned lististing more than a hundred items in a month, made me a business. At least their now giving you 21 days notice rather than just switching your account automatically and YES YOU CANNOT GO BACK had to create another account and start from scratch

  • @seanworrall-s7i
    @seanworrall-s7i 4 ชั่วโมงที่ผ่านมา +1

    I think it's 100 items around month

  • @neoanderson726
    @neoanderson726 ชั่วโมงที่ผ่านมา +1

    oh no as as soon as that happens to me I will not sell anything more on ebay, How can I tell if it has been done or not?

  • @johngreen6191
    @johngreen6191 4 ชั่วโมงที่ผ่านมา +6

    I have bought 1,000's of items but never sold anything. If I sold one item for £5k would it be free?

    • @fluffy-Muffin
      @fluffy-Muffin 4 ชั่วโมงที่ผ่านมา +3

      If it’s on a personal account, yes it will be free.

    • @ricky8448
      @ricky8448 4 ชั่วโมงที่ผ่านมา +4

      Im pretty sure the only thing not free for private sellers is cars

  • @Equinox99509
    @Equinox99509 2 ชั่วโมงที่ผ่านมา +1

    And wish ebay would employ me to be a private account > business account adviser. Id make the company millions

  • @chopchopbusybusyworkworkba420
    @chopchopbusybusyworkworkba420 3 ชั่วโมงที่ผ่านมา +4

    Once you become a business account Ebay will charge you 0.36p insertion fees,for every current listing still running , so before you switch cull the dross and put it in the car boot box. I sell approx 60 items a month.

    • @nicksmith4139
      @nicksmith4139 ชั่วโมงที่ผ่านมา

      Or sign up to a store subscription, but then of course, they are getting your money via a different method.

  • @mikeharris7712
    @mikeharris7712 4 ชั่วโมงที่ผ่านมา +1

    Hi nick I hope you see my message. I believe it will be evidence of selling the same item multiple times. Ie. The same Skylander for example. I sold the same character on my business account 8 times. No way could I evidence I owned the same item 8 times.

  • @localreviewking134
    @localreviewking134 2 ชั่วโมงที่ผ่านมา +1

    As a private seller on eBay, you are classified as a self-employed individual or a sole trader. This means that you are responsible for reporting your earnings and expenses to HMRC and paying the appropriate taxes.
    Under the Trading Allowance, the threshold is £1,000. Beyond this, you, as a private seller, must report your income.Thus, eBay could end up getting genuine private sellers into trouble with the tax office.
    Yes, you might say save eBay fees of £33.55 on those old "like new" with tags golf clubs, but the £300 in tax you owe the tax office might make you lose colour like an old red ford focus in the Spanish sun.

    • @neilk77nk
      @neilk77nk ชั่วโมงที่ผ่านมา +1

      That’s not correct as a private seller, you sell personal items, a sole trader is the minimum for a business account that sells to make a living or extra money.

    • @localreviewking134
      @localreviewking134 ชั่วโมงที่ผ่านมา

      @@neilk77nk You are incorrect. According to HMRC guidelines, as a private seller on eBay, you are classified as a self-employed individual or a sole trader. This classification requires you to report your earnings and expenses to HMRC and pay the appropriate taxes. If your earnings exceed £1,000 in a tax year, you must register as a sole trader. eBay cannot and will be above UK law. Sell loads and you have to pay tax, regardless of what eBay calls you. If you do not you face time in prison, or tax recovered in full plus interest.

  • @fluffy-Muffin
    @fluffy-Muffin 4 ชั่วโมงที่ผ่านมา +1

    I suppose if you list 150 items every month for a year…. And the items are combination of new and used. That would point to someone operating as a business.
    I doubt they will block people who are randomly listing within the limits to clear personal items. And they haven’t listed in ages and then go months without listing anything else.
    I think it’s account activity over a long period of time
    Business sellers have a consistent routine.
    Private sellers look much different data wise.

    • @fluffy-Muffin
      @fluffy-Muffin 4 ชั่วโมงที่ผ่านมา

      Also, if you are a business. Do everything above board and you never have to worry about this stuff.
      We get enough day to day issues being self employed, why add to your own stress.

  • @lisakay6742
    @lisakay6742 ชั่วโมงที่ผ่านมา

    One way ebay knows whether you're a private or business seller is by your bank account. Is it a private or business bank account? And don't think they can't see your transactions, they can if they want to. Also are your credit cards business or not? And in U.S. taxes, are you using a social security number or a business license ID. These are all factors.

  • @johnnyfortycoats2219
    @johnnyfortycoats2219 ชั่วโมงที่ผ่านมา

    I think it's a great move by eBay. By enforcing business accounts, we don't have unfair competition from other business sellers. The private sellers flock to eBay, bringing new buyers to get their cheap stuff. The buyers end up favouring business sellers because of a better buying experience.

  • @MrFunkia
    @MrFunkia 2 ชั่วโมงที่ผ่านมา

    I'm guessing that eBay are going to convert the majority of private sellers into business ones, in the coming years.

  • @Panzer-xi5uj
    @Panzer-xi5uj 5 ชั่วโมงที่ผ่านมา

    Cheers Nic 😊👍

  • @JungleTunes94
    @JungleTunes94 4 ชั่วโมงที่ผ่านมา

    Unfortunately I think they have to have a blanket rule, no room for nuance now listing fees are gone, would be too much work to check each account individually. I suspect as soon as you sell enough to get reported to hmrc you will be considered a business in ebays eyes. It is very harsh on those genuine ones but its an area they really have got to be brutal with and in cleaning up the bad ones a few genuine good ones will go also.
    And 150 sales a month is a lot, I was thinking more like 50. The 300 listings is a trap really and youd be better off just selling a few bits every month, probably far less likely to flag up.

  • @lancethrust9488
    @lancethrust9488 3 ชั่วโมงที่ผ่านมา +1

    WHY NOT LIMIT PRIVATE SELLERS ANYWAY POINTLESS HAVEING THIS FORCED AGENDA , JUST SAY IF YOU WANT TO SELL MORE REGISTER AS BUSINESS SELLER

  • @fireblood280
    @fireblood280 ชั่วโมงที่ผ่านมา

    This is good for private sellers well done EBAY

  • @mrfoameruk
    @mrfoameruk 4 ชั่วโมงที่ผ่านมา +13

    About time. Too many "businesses" (buying to sell) were trading as private sellers, not complying with the law regarding to returns and liabilities that real businesses have along with evading tax that pay for services. You don't have to be a super sleuth to see them ie multiples of the same item or literally 100's of items listed. I'm sure HMRC has been having words with eBay as they were encouraging people not to go to business class with free listing and as many listings as they wanted. Should have happened years ago.
    You can always have a business account and a private account so people would need to decide what is a private sale over a business sale.

    • @Jack_Warner
      @Jack_Warner 3 ชั่วโมงที่ผ่านมา +3

      It's not the tax evasion that bothers me, when the government spends our money on crap, and helping the wrongdoer.

    • @BlueSpeedMouse79
      @BlueSpeedMouse79 3 ชั่วโมงที่ผ่านมา +2

      HMRC are notified of all total sales in January each year, so trading on a private account or business account makes no difference, they will know if you earned over £1000, so not a HMRC issue, surely if eBay are giving 300 free listings a month on a private account, they accept that listing/selling 300 items isn't unusual, doesn't effect me by the way, I don't even have a eBay account and have never sold or brought anything on eBay or the like, so as a neutral, I just think it is sower grapes by business sellers, they are making good money and look down on 'lesser' sellers, bit like a Tesco supermarket complaining a local corner shop has to pay less business rates 😂

    • @judithpride1690
      @judithpride1690 2 ชั่วโมงที่ผ่านมา +3

      @@BlueSpeedMouse79 I agree. HMRC don't care if the ebay account is private or business. The tax rule in the UK is simply to pay tax on profits.

  • @kokorospirit5006
    @kokorospirit5006 3 ชั่วโมงที่ผ่านมา

    Not completely free, 3% fees on international GSP. (much better than 13% btw)

  • @zog97xy
    @zog97xy ชั่วโมงที่ผ่านมา

    There is a catch with the free selling! its only for ONE month.

  • @johnlawrencedeanjd
    @johnlawrencedeanjd 2 ชั่วโมงที่ผ่านมา

    I had to switch from private to business a few months ago and get free fees until the end of the year 😊

  • @Zlatans
    @Zlatans 3 ชั่วโมงที่ผ่านมา

    I keep getting ebay messages offering my business a loan but im a private seller.... no idea whats going on behind the scenes there.

  • @Martin-1066
    @Martin-1066 ชั่วโมงที่ผ่านมา

    Good. Selling 150 items a month is a lot. 5 things every day. And 150 items continually *every* month is obviously trading. It is also possible to report sellers doing it. Not only is it breaking ebay rules, it is breaking consumer law, especially with respect to returns and displaying the business address.

  • @ResellNEThing
    @ResellNEThing 2 ชั่วโมงที่ผ่านมา

    I’ve heard it’s £1,000 sales or 30+ sales a month is the metric

  • @jdrecords
    @jdrecords 4 ชั่วโมงที่ผ่านมา

    The thing is Nic I know people who have been selling on eBay for years as a private seller, how long has the person who emailed you been trading on there?

    • @NicHills
      @NicHills  4 ชั่วโมงที่ผ่านมา

      I have no idea

  • @kevinleblanc1000
    @kevinleblanc1000 ชั่วโมงที่ผ่านมา

    I contacted them a few months ago and it is based on earnings - I think they said £12000 per year

  • @LindaHarding-v5x
    @LindaHarding-v5x ชั่วโมงที่ผ่านมา

    I have a barn full of items I have collected over the years I want to start selling I could possibly put on 30 items a week dose that make me a business regards linda

  • @saunteronman
    @saunteronman 3 ชั่วโมงที่ผ่านมา +2

    Some of the people trading as ‘private sellers’ are very clearly business sellers paying no fees. Some have professional backdrops with their store name on them etc I’m sure we could all name a few in our particular fields

  • @cincaflorinlucian7693
    @cincaflorinlucian7693 4 ชั่วโมงที่ผ่านมา +4

    I think if you have 2 different address you can get away it , but until then just keep praying that you will not receive the message .

  • @dannybilverstone151
    @dannybilverstone151 2 ชั่วโมงที่ผ่านมา

    They forced me to swap, im not technical at all and hadnt noticed my screen was zoomed in so missed the switch button, they blocked my account, removed all listings etc, i emailed and asked how i get my account back, and why was i forced to change, in turn it was a money motivated/allowance of sales that i had to swap, i am registered as a business but didnt realise it was a thing i had to do i thought i had swapped i need to add but hadnt done properly

  • @3rdeye399
    @3rdeye399 4 ชั่วโมงที่ผ่านมา +3

    you are looking a bit smug ... but I suggest you haven't looked at the wider implications across the board. As times are getting harder and for many reasons more people will inevitably have to sell their unused goods and this will mean an influx of thousands encouraged by no fees . Once they establish themselves in the markets some will also seek out bargains at the usual outlets and car-boots...these new sellers just doing enough to stay under the radar will inevitably effect many business sellers. When I suggest this it is based on a wider knowledge of things that are taking place behind the scenes that most people fail to see. There will also be a roll on effect that will effect others outside of Ebay which will come back on all of us....

    • @NicHills
      @NicHills  4 ชั่วโมงที่ผ่านมา

      There will be many implications long term as ebay adjust their policies... it will be interesting to see how everything plays out over the next year or so

  • @Mr_Momentum
    @Mr_Momentum 5 ชั่วโมงที่ผ่านมา

    This is not new, they were doing this actively during September. I actually spoke to an Ebay rep about the emails.. he said they were systematically sending out these emails in bulk. I assumed that they were doing this as to not overload the system if they sent them to all private sellers (who had been flagged) at once. I only know this as last month I wanted to switch from a private account to a business account and I had some questions, I know someone who had the email and I questioned him about it. He told me to wait as I will be getting the same email at some point (have not had it yet and have not yet switched).

    • @NicHills
      @NicHills  5 ชั่วโมงที่ผ่านมา +1

      Interesting - I would imagine their efforts will be increased after recent changes too

    • @andrewhorner1078
      @andrewhorner1078 4 ชั่วโมงที่ผ่านมา

      @@NicHills Dont forget a private seller can only sell 30 items per year which is 2.5 items per month so it could be 30 items then ebay will have a quick look

  • @TRACK8REMIX
    @TRACK8REMIX 2 ชั่วโมงที่ผ่านมา

    so what if your not happy leave

  • @theswimmingbear
    @theswimmingbear 4 ชั่วโมงที่ผ่านมา +2

    It’s good, if you’re trading as a business have a business account simple😁

  • @josephrobinson7743
    @josephrobinson7743 3 ชั่วโมงที่ผ่านมา

    150 items a month is a lot, at £20 a pop that is £3000

  • @onefootflipper
    @onefootflipper 4 ชั่วโมงที่ผ่านมา

    Great video, I need to be watching you more often, probably learn some stuff for my own channel!

  • @sparkofinterest5185
    @sparkofinterest5185 5 ชั่วโมงที่ผ่านมา +2

    It should be an evaluation process talking to people. But who talks these days.

    • @NicHills
      @NicHills  4 ชั่วโมงที่ผ่านมา +1

      ebay won't have the time nor resources to do this for the number of accounts it has

    • @sparkofinterest5185
      @sparkofinterest5185 4 ชั่วโมงที่ผ่านมา

      @@NicHills that said that's how it should be. Just like you said sales may go up because of something inherited being sold.

  • @flipmodeisthegreatest7247
    @flipmodeisthegreatest7247 2 ชั่วโมงที่ผ่านมา

    Good. Anyone know a way of reporting "private" sellers that works?

    • @jdnetwork-reselling
      @jdnetwork-reselling 2 ชั่วโมงที่ผ่านมา

      They ask you to report them to trading standards

    • @nicksmith4139
      @nicksmith4139 ชั่วโมงที่ผ่านมา

      Wish this was a feature! So many businesses masked as private sellers undercutting products I’m selling already! About 15% less than they had them listed for last week, surprise surprise….

  • @Danny7305
    @Danny7305 4 ชั่วโมงที่ผ่านมา

    i personally trade as a business, but i can see why people dodge it. ebay do very little to encourage people to trade as a business. you will go from paying nothing to having a shop fee and countless other fees, i personally spent 125quid just on a store fee last month and then all the other fees on top, i think if ebays piece of the pie wasnt as large as it is then people wouldnt be trying to dodge trading as a business as much as they are, it is frustrating that we have to compete with private accounts who can list lower than us and we also have to compete with feeless businesses. very much feels like race to the bottom but in reality means less sales because we can give the stock away

    • @TheLiverpoolDelta
      @TheLiverpoolDelta 4 ชั่วโมงที่ผ่านมา +1

      You're not really competing with genuine Private sellers though. A Private seller buys an item at retail price and sells it at a Loss on eBay, you buy the same item in a charity shop for a pittance and sell it for a massive mark up. One is decluttering, the other is making profit even with the fees.

    • @lcf7609
      @lcf7609 3 ชั่วโมงที่ผ่านมา

      Private sellers are not going to under cut themselves , we all use sold and completed. So let's say a specific camera goes for £40, I can't imagine a private seller is going to sell it for £30 they will sell it for what it goes for, same as a business seller!

  • @rosscoooo4854
    @rosscoooo4854 3 ชั่วโมงที่ผ่านมา +2

    Great news, the amount of resellers who aren’t paying tax or declaring their income. Hopefully this will put HMRC on their case.

    • @judithpride1690
      @judithpride1690 3 ชั่วโมงที่ผ่านมา +1

      Many private sellers are registered with - and pay tax to - HMRC. That's why so many have remained private sellers even when obviously a business (many have said so online) because the tax man is happy and isn't going to act as an ebay snitch!

    • @rosscoooo4854
      @rosscoooo4854 2 ชั่วโมงที่ผ่านมา

      @@judithpride1690 ​​⁠then nothing really changes does it. Before as a private seller they used to pay fees apart from some free insertion fees and every so often some money off fvf nothing has really changed if they are forced to swap to a business account. It’s not these people I have anything against tho. It’s the people not paying their tax that should be forced to register as a business.

    • @jdnetwork-reselling
      @jdnetwork-reselling ชั่วโมงที่ผ่านมา +2

      @@judithpride1690 It is not just tax though is it, Once you registered as self employed you now have business laws you need to be following. Which ebay makes it impossible to follow on the private accounts. You need to be on a business account if you want your business to be following the laws.

    • @nickh9745
      @nickh9745 ชั่วโมงที่ผ่านมา

      What a lovely Christmas gift for them! It will be like Santa taking the candy straight out of their hand.

  • @tarun1269
    @tarun1269 3 ชั่วโมงที่ผ่านมา +1

    Nic. I do see ebay are trying to copy other platforms. However, they are still getting it wrong. They are suspending peoples accounts for no reasons and won't give a chance to appeal. Even when the user doesn’t know what they done wrong or has no intentions to violate ebays policies. If ebay would give people a chance to appeal they maybe can make more money too.
    I personally think you need to make more videos on this subject. Maybe ebay will wake up.

  • @timtum1980
    @timtum1980 ชั่วโมงที่ผ่านมา

    Blame all the businesses trading on a private account

  • @marksmith334
    @marksmith334 2 ชั่วโมงที่ผ่านมา

    Probably driven by marketplaces now being responsible for all selling related taxes.

    • @dpw81
      @dpw81 2 ชั่วโมงที่ผ่านมา

      Marketplaces are not responsible for anything other than reporting to HMRC when someone reaches certain thresholds. This move is being driven by eBay wanting to increase the amount of business sellers and therefore the amount of fees they can generate.

    • @jdnetwork-reselling
      @jdnetwork-reselling 2 ชั่วโมงที่ผ่านมา

      @@dpw81 They are responsible for ensuring users follow all tax and trading laws. If they did not Trading standards would be giving them a large fine.

    • @marksmith334
      @marksmith334 ชั่วโมงที่ผ่านมา

      @@dpw81 or you could view as more European wide than just little England. The EU have been tightening tax collection from online marketplaces putting the onus on the owner of the market Alice rather than the sellers. EBay is quite right in trying to identify seller who actually are businesses and should be paying taxes on sales. Not doing so gives them an unfair advantage. Anyone who is selling large numbers of item per week is clearly a business, whether they are an individual not. Etsy etc will be forced to follow.

  • @JohnKing-yg7sm
    @JohnKing-yg7sm 5 ชั่วโมงที่ผ่านมา

    Business selling will have to have account and pay tax

    • @NicHills
      @NicHills  5 ชั่วโมงที่ผ่านมา

      If you are operating any business activities you have to declare tax, that has always been the case

  • @salesoftheunexpected
    @salesoftheunexpected 5 ชั่วโมงที่ผ่านมา +5

    just the title makes me happy!

  • @leebattams
    @leebattams 3 ชั่วโมงที่ผ่านมา +3

    People are just so bitter.

    • @davidbenjamin5356
      @davidbenjamin5356 3 ชั่วโมงที่ผ่านมา

      The ebay community webpage and also Amazon marketplace forum are orime examples of this. Can't post an innocent question without snide comments from bitchy business sellers.

  • @JonSheppardsells
    @JonSheppardsells 4 ชั่วโมงที่ผ่านมา +2

    Good they shouldn't be getting away with it if they think they can earn alot and get away with it. Private sellers should only be for part timers who earn a little. Everyone knows my thoughts

    • @IhateLiverpoolFC
      @IhateLiverpoolFC 4 ชั่วโมงที่ผ่านมา

      TH-cam and Ebays biggest idiot is in the house.

    • @IhateLiverpoolFC
      @IhateLiverpoolFC 4 ชั่วโมงที่ผ่านมา

      And not everyone knows your thoughts, only a handful of people that watch your videos. You go on like your some global superstar😂

    • @IhateLiverpoolFC
      @IhateLiverpoolFC 4 ชั่วโมงที่ผ่านมา

      And not everyone knows your thoughts, only a handful of people that watch your videos. You go on like your some global superstar😂

  • @Hammie0141
    @Hammie0141 4 ชั่วโมงที่ผ่านมา +1

    The thing that always annoyed and confused me with ebay was private sellers selling 'new' items. If you are a private seller you cant sell or claim anything as 'new'. simply by the seller having it in the first place renders it nolonger applicable for the 'new' category, as it has been bought and sold at least once before.
    Private sellers should only have 'new other' for items they are selling still in the original packaging etc.

    • @TheLiverpoolDelta
      @TheLiverpoolDelta 4 ชั่วโมงที่ผ่านมา +9

      That's ridiculous, unwanted Christmas gifts in their original packaging would be considered New.

    • @Hammie0141
      @Hammie0141 4 ชั่วโมงที่ผ่านมา

      @@TheLiverpoolDelta correct 'new other'

    • @ianbullock5621
      @ianbullock5621 3 ชั่วโมงที่ผ่านมา +3

      Not correct IMO. Many times I have bought “shiny” things because i wanted them but in the end did not use them. These lived in a cupboard unopened unused. During Covid I took stock and then decided to clear out my cupboards. These items in sealed retail packaging meet the eBay definition of new items. Another example I’ve bought multiple packs of fixtures or fittings and then did not use say one pack, again sealed and not used. I’m not saying everyone does this with the same regularity as myself but sure most people have done this more than once. Also unwanted unused gifts fall into same category.

    • @Hammie0141
      @Hammie0141 3 ชั่วโมงที่ผ่านมา

      @@ianbullock5621 I'm not doubting that there are plenty of private sellers that have items for sale still in their original packaging, unopened and unused.
      These items should be 'new other' simply because the item, regardless of condition has already been bought and sold.
      I'm not debating that you have to sell a sealed item in original packaging as 'used' im saying it should be 'new other'

  • @AbzYemenii
    @AbzYemenii 4 ชั่วโมงที่ผ่านมา

    Exactly I was thinking why my account changed , is this good or bad ?

  • @paulpablo7810
    @paulpablo7810 5 ชั่วโมงที่ผ่านมา +4

    HI Nick on this Subject of Bussiness Se;ll;er & Private seller as you are a Bussiness Seller you really need not worry about other Accounts Nick you cant be the Game keeper & the Poacher Too

    • @NicHills
      @NicHills  5 ชั่วโมงที่ผ่านมา +17

      As a channel that talks about ebay and has many hundreds maybe thousands of private sellers who watch, I think it's exactly the sort of thing I should be interested in and talking about...

  • @gavinlewington7269
    @gavinlewington7269 5 ชั่วโมงที่ผ่านมา +2

    Explain this as a private seller. EBay give 300 free listings each and every month. Why would they give a private person 300 listings a month no genuine private seller has this amount so think the ebay businesses are barking up the wrong tree. Glad I’ve never changed

    • @purplevamp666
      @purplevamp666 4 ชั่วโมงที่ผ่านมา +5

      You'd be surprised at how much a private seller can have. We're a family of 5 with a combined age of over 100, and the amount of stuff we have is crazy. It probably doesn't help that I'm a bit of a hoarder and I still have items from my childhood.

    • @judithyoung3
      @judithyoung3 4 ชั่วโมงที่ผ่านมา

      Genuine private seller here, with a huge amount to sell, I could easily exceed 300 listings a month.... for months on end. 2 houses full of stuff to downsize, including electricals, gaming stuff, lego sets, tools, antiques and collectibles, my mother in law has hundreds and hundreds of clothes, 85 pairs of expensive shoes, never worn, a lot new and with tags, coats with £450 tags (all beautifully looked after), handbags, stamp collections and watches, cameras..... so yeah, I'm now worried that it will take years to sell if I can only list a few a month. I will NOT be taking up a business account, I am NOT a business seller. I watch these youtube channels to learn the best way to optimise my listings. I am also seeing items that are selling really well that I have thrown in the tip, gutted. My daughter collected a lot of limited edition vintage/retro clothes during lockdown. She's just spent about 5 weeks photographing and listing on DePop, if they don't sell within a month or so, she's going to put them on Vinted, or maybe Ebay now there are no fees... but she has over 600 items listed... so Ebay won't be an option if they think she's a business.

    • @Growyourowninacourtyard
      @Growyourowninacourtyard 4 ชั่วโมงที่ผ่านมา

      @@purplevamp666it’s the same for me. I have 3, now adult children and my house is bursting at the seams with all their old toys, books, magazines, clothes, you name it and they have given me permission to sell the things they no longer want or are attached to. I’ve also lost 3 stone in weight and have been selling off my old clothes as I have gone down in size. It would be very unfair of eBay to suggest that I am a business seller when I am not and all I’m seeing on Nic’s channel is smugness and envy because private sellers don’t have to pay fees. I have bought something from Nic but I won’t be buying from anyone who begrudges me the opportunity to make some money back from items I’ve already bought and paid taxes on. I think everyone should sell their private things on eBay now and stop doing car boots sales or donating to charity where people like Nic gets his items to resell and see how that goes down with the reselling community. Ordinarily I would say good luck to resellers but I’m changing my thinking now as all I’m seeing are green eyed monsters who are happy for them to get away with making money from people like me who might have had a car boot/yard sale or donated to charity which I have always done before but now I’m going to change my behaviour.

    • @dennisferguson9129
      @dennisferguson9129 4 ชั่วโมงที่ผ่านมา +6

      I'm a private seller downsizing my stamp collection. I have a 🔵 blue million of them. Doesn't make me a dealer!

  • @Essydyk
    @Essydyk 4 ชั่วโมงที่ผ่านมา

    I think they will use your selling history. If you are selling 150 things a month every month then it's fair to say you are a business seller.
    However it will be interesting how Ebay police this as at the end of the day they want to attract and keep members not get rid of existing long term members so it doesn't pay for them to be too heavy handed.
    I don't believe any private sellers are going to go from paying no fees to becoming a business seller and paying approx 18% fees (minimum) - that just isn't going to happen very often.
    More importantly will they go after the Chinese sellers.

  • @ceehud
    @ceehud 3 ชั่วโมงที่ผ่านมา +1

    You will adhere to MY RULES you will also Shut your Mouth OR ELSE .... Time will tell !!!!!

  • @JohnKing-yg7sm
    @JohnKing-yg7sm 5 ชั่วโมงที่ผ่านมา

    Bissnsss

  • @atristram54316
    @atristram54316 3 ชั่วโมงที่ผ่านมา

    Not before time..only took 20 odd years!

  • @sadpixie2011
    @sadpixie2011 4 ชั่วโมงที่ผ่านมา

    If hes selling 150 items a month clearly hes a business, Unless its a one off

  • @tonymontana897
    @tonymontana897 ชั่วโมงที่ผ่านมา

    It could be that the respective Govt's are putting the squeeze on Ebay to be more compliant in terms of taxation revenue. People conducting "business" on their platform can be seen as a form of tax evasion and as such if resellers are cashing in on this side hustle, the Govt wants their share of tax as if you were as business.
    It's all over for the small guy..