EBAY Final Value Fees Increasing for Watches Category

[IKEEPGOODTIME]

Final value fee increases in the Watches category starting on May 3, 2021

Our broad-based multichannel marketing has helped increase new luxury watch buyer traffic on eBay. As we continue to focus on the luxury watches experience, we are increasing final value fees in the Watches (260325) category. This will allow us to invest even more in luxury watch marketing, social media, SEO, and product innovation as we drive towards becoming the leading platform for luxury watches.

[TheJohnP]

Boo

[watchpalooza]

That is ridiculous. It pays to own the marketplace.

[whoagorgeous]

15% is ridiculous.

[IKEEPGOODTIME]

15% is ridiculous.

Chrono 24 is less than 1/2 of that........

[tommy_boy]

Yep, the new fees are now a deal-breaker. Particularly after seeing a horrible Seamaster rep that sold for two grand just yesterday. What level of service justifies 15%

I just sold and shipped a phone before I have the buyer's money. Their new format caught me by surprise. My bad, but after 225 transactions, I was in the same mode as when PayPal would have been funded before I placed the item in the mail.

I am rapidly losing interest in eBay.

[cortman]

Yep I pretty much won't sell on ebay any more. 15% is absolutely insane for providing a service that costs them fractions of a cent.

[cheddar]

Maybe I'm wrong, but aren't they just essentially taking most of the former 2.9% PayPal fee now that they're handling seller payments directly? I kind of assumed this would happen once they stopped using PayPal to handle seller payments.

Regardless, eBay has been my marketplace of last resort as a seller for a while now. Much prefer the flexibility of forum listings.

[PetWatch]

Maybe I'm wrong, but aren't they just essentially taking most of the former 2.9% PayPal fee now that they're handling seller payments directly? I kind of assumed this would happen once they stopped using PayPal to handle seller payments.

Regardless, eBay has been my marketplace of last resort as a seller for a while now. Much prefer the flexibility of forum listings.

Pre PayPal their fee was 10%, after they got rid of PP it went to 12.35%, now being raised to 15% (under 1K). Keep in mind their fee charge includes taxes, shipping and are higher for foreign credit cards.

One of their main advantage is the wide spectrum of buyers that no one else has.

Sent from my SM-G950U using Tapatalk

[cheddar]

Maybe I'm wrong, but aren't they just essentially taking most of the former 2.9% PayPal fee now that they're handling seller payments directly? I kind of assumed this would happen once they stopped using PayPal to handle seller payments.

Regardless, eBay has been my marketplace of last resort as a seller for a while now. Much prefer the flexibility of forum listings.

Pre PayPal their fee was 10%, after they got rid of PP it went to 12.35%, now being raised to 15% (under 1K). Keep in mind their fee charge includes taxes, shipping and are higher for foreign credit cards.

One of their main advantage is the wide spectrum of buyers that no one else has.

Sent from my SM-G950U using Tapatalk

Ah, that’s right. I had forgotten it was a 13% total chunk with PP (think I always just kind of rounded up to 15%).