General

Topic   2022 - the year that kills eBay?

MrBean
GameTZ Gold Subscriber 400 Trade Quintuple Gold Good Trader Gold Global Trader (7) Has Written 1 Review
4-Jan-2022(#1)
You guys think that new 1099k mandate for > $600 is gonna be the slow death of eBay? Or perhaps get them to rethink their fee structures?

The simple fact that we're getting taxed on yet another venue, is disheartening. What isn't taxed anymore...
Foxhack
350 Trade Quintuple Gold Good Trader
10-Dec(#41)
eBay is bad but Amazon is ten times worse. Their so-called strictness is ignored in favor of scam shops with randomly generated names and they're not seller friendly - you can't browse or search someone's inventory easily, there's no options for shipping discounts or even combined packages... I've been browsing items that have a discount coupon if you buy two or more from the same storefront, only to click on it and find it empty, not even showing the item I was browsing. It's nuts.
ryanflucas
GameTZ Subscriber 1000 Trade Quintuple Gold Good Trader
* 12-Dec(#42)
I think I sold maybe 3 things this entire year on eBay. Instead I trade in all gaming items to a local retro shop that pays cash. Everything else I sell on Mercari. I make everything free shipping and bake it into the item cost. I list items high and have it set in smart price mode to drop over time. Their fee structure feels simpler than eBay and its made my end of the year accounting very easy. I ship everything via Pirateship, not Mercari labels. Collect the data, send to my tax accountant.

Edit: I do claim the retro shop cash buys, thus I can claim the mileage to and from the shop. Same with my mileage to and from Goodwill, Estate Sales, etc.
nonamesleft
Double Gold Good Trader
12-Dec(#43)
benstylus wrote:
> It's not that big a difference either. If you assume an average sales tax of 7% and
> eBay final value fees are 9%, then the increase you pay is 0.63%.
>
> So for every $100 of sales + shipping it's going to be on average an extra 63 cents.
.63 might not sound like a lot, but for every million sales, which eBay easily gets, that's another 630,000.
Porksta
400 Trade Quintuple Gold Good Trader Global Trader - willing to trade internationally
12-Dec(#44)
I am so confused by the math in this thread.
John
GameTZ Gold Subscriber GameTZ Full Moderator 450 Trade Quintuple Gold Good Trader Gold Global Trader (13)
* 12-Dec(#45)
nonamesleft wrote:
> benstylus wrote:
>> It's not that big a difference either. If you assume an average sales tax of 7% and
>> eBay final value fees are 9%, then the increase you pay is 0.63%.
>>
>> So for every $100 of sales + shipping it's going to be on average an extra 63 cents.
> .63 might not sound like a lot, but for every million sales, which eBay easily gets,
> that's another 630,000.

Um, no. smile 0.63% of $1,000,000 is $6,300.

EDIT: Wait. NOW I see what you are saying.

You're saying that for every million SALES that EBay makes -- of $100 each -- that they get $630,000. That would be accurate.

That being said, I'm not sure the 0.63% is accurate, so I'm not saying anything on that part. smile
ryanflucas
GameTZ Subscriber 1000 Trade Quintuple Gold Good Trader
* 13-Dec(#46)
If any of you buy from Goodwill to resell, make sure to check glasses. I bought a pair of Dolce & Gabbana sunglasses for $2, flipped for $60. Also bought a weird pair of Jacques Marie Mage eyeglasses. Limited edition, numbered. I spent $3 and resold for $200.

My brands I look for: Ray-Ban, D&G, Coach, Prada, Maui Jim.
rayzor6
400 Trade Quintuple Gold Good Trader Has Written 1 Review
* 13-Dec(#47)
I'm sorry if it was mentioned in this post but they delayed the PayPal tax again for 2023

https://www.irs.gov/newsroom/irs-announces-delay-i...
nonamesleft
Double Gold Good Trader
13-Dec(#48)
John wrote:
> nonamesleft wrote:
>> benstylus wrote:
> |>> It's not that big a difference either. If you assume an average sales tax of
> 7% and
> |>> eBay final value fees are 9%, then the increase you pay is 0.63%.
> |>>
> |>> So for every $100 of sales + shipping it's going to be on average an extra 63
> cents.
>> .63 might not sound like a lot, but for every million sales, which eBay easily
> gets,
>> that's another 630,000.
>
> Um, no. smile 0.63% of $1,000,000 is $6,300.
>
> EDIT: Wait. NOW I see what you are saying.
>
> You're saying that for every million SALES that EBay makes -- of $100 each -- that
> they get $630,000. That would be accurate.
>
> That being said, I'm not sure the 0.63% is accurate, so I'm not saying anything on
> that part. smile
>
Yeah, for every $100 sale, based on the .63 you mentioned. Even if it was just .50, or even .25, that would still be a nice amount extra that eBay is getting.
benstylus
GameTZ Gold Subscriber GameTZ Full Moderator 550 Trade Quintuple Gold Good Trader Gold Global Trader (9) Has Written 26 Reviews
* 13-Dec(#49)
They can get more money while claiming their fee is a lower percentage than what you actually end up paying after taxes are added

And the difference in the amount per transaction is pretty negligible on the seller side so most casual sellers won't even miss it.

Probably a remnant of the change from the days when shipping wasn't originally included in the final value fee. Once ebay realized sellers were scamming them by charging low for the item but high for shipping, they closed that loophole. And now they have turned it around on the sellers so ebay gets just that little bit more

nonamesleft
Double Gold Good Trader
* 13-Dec(#50)
benstylus wrote:
> They can get more money while claiming their fee is a lower percentage than what
> you actually end up paying after taxes are added
>
> And the difference in the amount per transaction is pretty negligible on the seller
> side so most casual sellers won't even miss it.
>
> Probably a remnant of the change from the days when shipping wasn't originally included
> in the final value fee. Once ebay realized sellers were scamming them by charging
> low for the item but high for shipping, they closed that loophole. And now they
> have turned it around on the sellers so ebay gets just that little bit more
>
>
In 2010, there was a popular Yu-Gi-Oh card called Pot Of Duality that then was going for $100. Sellers were selling them for .99 and 100 shipping. Or .99 and 300 shipping for 3 of them. I guess that was still before eBay caught on.

I guess a way to not eat that fee as a seller would be to charge more for your item. Though, that might make the item harder to sell. But I can't make sense of how things sell. I've seen identical items with different prices, and the more expensive one sold first. I don't know why.
Foxhack
350 Trade Quintuple Gold Good Trader
13-Dec(#51)
nonamesleft wrote:
> I guess a way to not eat that fee as a seller would be to charge more for your item.
> Though, that might make the item harder to sell. But I can't make sense of how things
> sell. I've seen identical items with different prices, and the more expensive one
> sold first. I don't know why.

Some sellers get pushed higher, more visibility, than others.

It's why I can't sell any crap despite having a lower price on my things.
nonamesleft
Double Gold Good Trader
14-Dec(#52)
Foxhack wrote:
> nonamesleft wrote:
>> I guess a way to not eat that fee as a seller would be to charge more for your
> item.
>> Though, that might make the item harder to sell. But I can't make sense of how
> things
>> sell. I've seen identical items with different prices, and the more expensive
> one
>> sold first. I don't know why.
>
> Some sellers get pushed higher, more visibility, than others.
>
> It's why I can't sell any crap despite having a lower price on my things.
Ahhh, that's what's going on? What gives a seller that higher visibility?
Porksta
400 Trade Quintuple Gold Good Trader Global Trader - willing to trade internationally
14-Dec(#53)
Listing more items is one way. I reckon sell through rate and using photos help.
benstylus
GameTZ Gold Subscriber GameTZ Full Moderator 550 Trade Quintuple Gold Good Trader Gold Global Trader (9) Has Written 26 Reviews
14-Dec(#54)
Paying ebay more to be sponsored works too.

Foxhack
350 Trade Quintuple Gold Good Trader
14-Dec(#55)
"Higher seller ratings", which is some bullcrap metric they came up with.

They want me to add more info to all my listings, but what if there isn't any more info to add?
John
GameTZ Gold Subscriber GameTZ Full Moderator 450 Trade Quintuple Gold Good Trader Gold Global Trader (13)
15-Dec(#56)
EBay isn't meant for one-off sellers like us any more. Their big money comes from the (Chinese and other such) companies selling thousands of widgets and parts and such.

It has transitioned from it's original "sell your own stuff" platform long ago. It is now a marketplace for those selling thousands of items. The rest of us are just minor side notes.
benstylus
GameTZ Gold Subscriber GameTZ Full Moderator 550 Trade Quintuple Gold Good Trader Gold Global Trader (9) Has Written 26 Reviews
15-Dec(#57)
John wrote:
> EBay isn't meant for one-off sellers like us any more. Their big money comes from
> the (Chinese and other such) companies selling thousands of widgets and parts and
> such.
>
> It has transitioned from it's original "sell your own stuff" platform long ago.
> It is now a marketplace for those selling thousands of items. The rest of us are
> just minor side notes.

You could replace eBay with Amazon and your statements would still be true.

John
GameTZ Gold Subscriber GameTZ Full Moderator 450 Trade Quintuple Gold Good Trader Gold Global Trader (13)
15-Dec(#58)
Amazon was never really intended to be for individual SELLERS though. So that doesn't bother me as much. We're generally just buyers at Amazon -- so them having more sellers with more items -- even if they sell thousands of them -- doesn't really bother me.

It's not really the same at all to me. Amazon hasn't "transitioned from it's original 'sell your own stuff'" platform like EBay because it was never intended as a "sell your own stuff" platform. (You could do it, sure, and I did for a bit -- little one-offs here and there -- but I don't see that as Amazon's original intent or platform at all.
benstylus
GameTZ Gold Subscriber GameTZ Full Moderator 550 Trade Quintuple Gold Good Trader Gold Global Trader (9) Has Written 26 Reviews
* 15-Dec(#59)
For a while Amazon had much better rates and service than ebay for individual sellers. Then they slowly got more hostile towards small sellers, to the point where you couldn't even sell things like dvds or video games as an individual because they were "high risk" items.

It didnt feel great being pushed out of that marketplace after years of never having any seller complaints because I didn't want to pay extra for a premium seller account. Especially with all the obvious dropshipped aliexpress bootleg crap all over the site now.

John
GameTZ Gold Subscriber GameTZ Full Moderator 450 Trade Quintuple Gold Good Trader Gold Global Trader (13)
15-Dec(#60)
Sure, like I said, there were some using Amazon to sell, but I don't think that was ever what most people saw as Amazon's original intent -- unlike EBay.

But, I agree, I also stopped selling even the little one-offs on Amazon because it got too complex.
crashlanded
Silver Good Trader Global Trader - willing to trade internationally
17-Dec(#61)
The new crap where they hold your money when you sell something ,I rarely sell on ebay now.
DarkFact
400 Trade Quintuple Gold Good Trader Has Written 4 Reviews
17-Dec(#62)
Hm? I get my money in a day. Better than Mercari, you have to wait for the receiver to hit got it for that one

If you don't mind credit you can start using it soon as you make the sale.

Topic   2022 - the year that kills eBay?