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Monday, March 7, 2011

What does eBay cost?

My students last week asked how much it costs to sell on eBay.  Here is a simple list of the fees you may be charged when selling on eBay:

Insertion Fee – A nonrefundable fee may be charged to your account when you list your item on eBay.  Sometimes eBay offers "specials" when you may list your item without any Insertion Fee and pay only if it sells. If your listing ends without a winning buyer you may qualify for a credit by relisting the item.
Listing upgrades – Additional fees that are only charged if you choose optional selling features such as Subtitle, Bold, Listing Designer, etc.
Final Value Fee – This is based upon the final sale price of your item and only if your item sells. Right now for most items it is 9% of the final selling price.
PayPal Fees – When you use Paypal to collect payment you will be charged another percent that is a sliding fee (check on Paypal for a complete fee chart).  Also, there are no monthly fees to have a Paypal account. The only fees are when you receive money when your item sells.