In what observers are calling a swipe at Amazon Marketplace, eBay has taken the rare step of lowering the majority of its fees for sellers.
In a new policy, the company has eliminated listing fees for most items. Sellers with an eBay Stores subscription can list up to 2,500 items for free a month. Companies without the subscription can list up to 50 auction or fixed-price items for free. Fees still apply to listings for motor vehicles and real estate.
The site’s fees have also been simplified. When an item sells, a seller will now pay a flat 10 percent final value fee, for a maximum value of $250. For companies with eBay Store Subscriptions, the final value fees will be determined by category, with most falling in the 4 percent to 9 percent range.
More information on the new fees can be seen here.
“We believe the new pricing structure makes eBay the most competitively priced commerce platform in the U.S. today,” spokesman Ryan Moore tells JCK.
The company even included a comparison of its fees versus Amazon’s. According to the eBay chart, jewelry and watch sellers now pay 7.2 to 9 percent of the item’s final value, while Amazon sellers pay 15 to 20 percent.
Follow JCK on Instagram: @jckmagazineFollow JCK on Twitter: @jckmagazine
Follow JCK on Facebook: @jckmagazine