Ebay Execs Are at it
Again!
Ebay execs are at it again, raising the price of stores but a
huge chunk of pocket change. One must wonder why they wish to
commit corporate suicide on a steady basis, increasing pricing to
the point that now both the small-time seller and the big business
sellers can no longer justify listing on eBay. With eBay’s
Paypal still deemed a customer service nightmare and fierce
competition from Asia’s Tao Bao marketplace, people are
beginning to consider that the hometeam will not make it out of this recent
scrapping.On August 22, 2006 scheduled changes in insertion fees
and final value fees for stores is scheduled to more than double.
Recently, eBay store sellers were outraged when store inventory was
penalized and removed from regular listings. EBay’s excuse
for altering stores structure and inclusion in search requests is
that the store sales are “imbalanced.” In other words,
their fee hike that outraged sellers a few months ago resulted in
sellers finding solace in the stores. EBay’s greed has forced
them to again increase pricing structure. How much will eBay
store fees increase on August 22? Insertion fees for something a
penny to $24.99 will increase from two cents to five cents. Things
$25.00 and higher will cost a ten cent insertion fee, when they once
were two cents. Final value fees are also being increased from 8%
for $25 to a hefty 10%. Items from $25.01 - $100 will increase from
5% FVF to 7%. It is of no wonder sellers are crying
“FOUL!” Announced on eBay’s website over 1600
eBay stores have closed shop, but the number is estimated at
several times that amount, a majority that are silently leaving and
utterly disgusted. Recently eBay announced they would not be
accepting Google’s new payment system into their ranks. When asked
why, they buffed over some sort of security excuse. Many sellers
feel that eBay is refusing the competition, and has been
emphatically “pissing on trees” to try to prevent
sellers from becoming accustomed to Google Checkout and other
services. So what is a dependent eBay seller to do?
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