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eBays Latest Fee Increases--Is this the beginning of the end?


On January 13, eBay sellers received an unwelcome announcement from eBay. Fees were going up.

Partly due to our tendency to "skim" messages and partly due to the way in which the announcement was worded, the result was widespread panic and threats of mutiny.

Many sellers started to "boycott" eBay, and began taking their business to places like Yahoo auctions, and Overstock.com. After issuing another email "clarifying" the price increases, eBay finally sent everyone a "Message from Bill Cobb" on February 6.

Bill Cobb, who became President of eBay North America in December of 1004, stated that he'd been "taking it all in" and "thinking hard about how we can make sure eBay remains a fun, safe place to trade, and a prosperous home for our many dedicated sellers."

Cobb addressed the issue of fee increases, and concerns about customer support, trust and safety, and frequency of changes to the site.

Cobb also promised a number of improvements to customer service, a credit for store sellers and a reduction in the minimum insertion fees for auction style and fixed price listings. He even gave readers his email address and invited comments, promising to read every one of them!

The Bottom line here is that the most significant changes made will affect eBay Store owners. But Store items are offered at a price determined by the seller, so increased costs can be passed along to the buyer. This is what "real world" businesses do all the time. The cost of doing business rarely goes down and Business people learn to expect increases in overhead.

The reason for raising the "But it Now" listing fee is that eBay wants sellers to think harder about how they set prices in this category. Too many have been unrealistically high, which means merchandise doesn't turn over. It becomes "stale". eBay wants to see a fluid market, with quick turnover and fresh merchandise appearing all the time.

The Gallery image feature has gone up in price by about 30%, but the size of the image is being increased by 56%. Pictures sell products, and larger pictures mean that shoppers can see more details. I really don't see this as a bad thing.

If you haven't invested in eBay stock, now might be a good time (eBay intends to split shares on Feb.18). Investors are panicking over eBay's announcements, and their less than stellar 4th quarter 2004 performance in part due to major investments in China.

The dooms-dayers say the "bloom is off the eBay rose". I beg to differ. eBay is still the largest online auction venue, accounting for more volume than all of their competitors combined. There's no way eBay is going away, and it won't be long before sellers realize that business will go on as usual.

You can still make a great living on eBay, whether full or part time.

Carolyn Schweitzer is a retired dentist, eBay Powerseller, and ownner/editor of several websites. You can read the full article plus view eBay's price announcements and the letter from Bill Cobb at http://www.netbrainer.com/site/500041/page/473364


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Thu. April / 22 / 2021

Germany expands capacity in wind, solar power auctions - Reuters
Germany expands capacity in wind, solar power auctions  Reuters

Love’s Bakery auctions off bread, vintage shirts - KHON2
Love’s Bakery auctions off bread, vintage shirts  KHON2

Up To $500K Expected For One As Dallas Company Auctions Prototype Of First US Dollar Coins - CBS Dallas / Fort Worth
Up To $500K Expected For One As Dallas Company Auctions Prototype Of First US Dollar Coins  CBS Dallas / Fort Worth

City of Roanoke auctions properties in bi-annual tax sale - WDBJ7
City of Roanoke auctions properties in bi-annual tax sale  WDBJ7

Surplus Bank Auctions Set for Public Inspections Fri. April 23 - The Morning Journal
Surplus Bank Auctions Set for Public Inspections Fri. April 23  The Morning Journal

Auctions delayed for potential Samsung plant sites in Arizona - Austin Business Journal - Austin Business Journal
Auctions delayed for potential Samsung plant sites in Arizona - Austin Business Journal  Austin Business Journal

Small-town South Dakota rodeo club cancels 'slave auction' after outpouring of anger on social media - Duluth News Tribune
Small-town South Dakota rodeo club cancels 'slave auction' after outpouring of anger on social media  Duluth News Tribune

Yoshitomo Nara’s ‘Missing in Action’ From 2000 Heads to Auction - Barron's
Yoshitomo Nara’s ‘Missing in Action’ From 2000 Heads to Auction  Barron's

ACV Auctions co-founder Joseph Neiman talks about why he moved to Florida - Buffalo Business First - Buffalo Business First
ACV Auctions co-founder Joseph Neiman talks about why he moved to Florida - Buffalo Business First  Buffalo Business First

Auctions: Hands-On With The Ultra-Rare Patek Philippe Ref. 2523 'Eurasia Dial' Hitting The Block At Phillips - HODINKEE
Auctions: Hands-On With The Ultra-Rare Patek Philippe Ref. 2523 'Eurasia Dial' Hitting The Block At Phillips  HODINKEE

Faith High School Rodeo Club's 'slave auction' canceled due to controversy - Argus Leader
Faith High School Rodeo Club's 'slave auction' canceled due to controversy  Argus Leader

UPDATE: Faith HS Rodeo Club's 'slave auction' canceled due to controversy - Rapid City Journal
UPDATE: Faith HS Rodeo Club's 'slave auction' canceled due to controversy  Rapid City Journal

Auction Sales Top $39 Million Last Week on HiBid.com, with Rare Coins and Classic Cars Now Up for Bidding - PRNewswire
Auction Sales Top $39 Million Last Week on HiBid.com, with Rare Coins and Classic Cars Now Up for Bidding  PRNewswire

Toledo police are holding online vehicle auction - Toledo Blade
Toledo police are holding online vehicle auction  Toledo Blade

Local realtor starts auction business - The Herald
Local realtor starts auction business  The Herald

Love’s Bakery auction includes vintage aloha shirts, signs - West Hawaii Today
Love’s Bakery auction includes vintage aloha shirts, signs  West Hawaii Today

Cresting Flood of U.S. Treasury Supply May End Auction Woes - Bloomberg
Cresting Flood of U.S. Treasury Supply May End Auction Woes  Bloomberg

Chinese rarity hits auction block in May Macau auction - Coin World
Chinese rarity hits auction block in May Macau auction  Coin World

Bidding open for City of Moorhead online auction - Valley News Live
Bidding open for City of Moorhead online auction  Valley News Live

BidALot Coin Auction Named Latest WorthPoint® Data Partner - Johnson City Press (subscription)
BidALot Coin Auction Named Latest WorthPoint® Data Partner  Johnson City Press (subscription)

Danish carriers secure additional 5G spectrum in latest auction - RCR Wireless News
Danish carriers secure additional 5G spectrum in latest auction  RCR Wireless News

GSA to sell off more than $500,000 in bitcoin this Friday - The Block Crypto
GSA to sell off more than $500,000 in bitcoin this Friday  The Block Crypto

RPS hosts Relay for Life auction - PostBulletin.com
RPS hosts Relay for Life auction  PostBulletin.com

Auction to benefit Bath cat rescue - Portland Press Herald - pressherald.com
Auction to benefit Bath cat rescue - Portland Press Herald  pressherald.com

Bidder Pleads Guilty to Rigging Bids at Online Auctions for Surplus Government Equipment - Department of Justice
Bidder Pleads Guilty to Rigging Bids at Online Auctions for Surplus Government Equipment  Department of Justice

Key Auction Looms for RBI as Traders Balk at India Yields - Bloomberg
Key Auction Looms for RBI as Traders Balk at India Yields  Bloomberg

Cates Auction Real Estate Company Named In Late Client's Will - PRNewswire
Cates Auction Real Estate Company Named In Late Client's Will  PRNewswire

Janet Jackson puts hundreds of personal items up for auction - Daily Mail
Janet Jackson puts hundreds of personal items up for auction  Daily Mail

A David Bowie-owned and -signed Takamine is up for auction - Guitar World
A David Bowie-owned and -signed Takamine is up for auction  Guitar World

Eddie Van Halen's 1934 Ford is red hot and up for auction - Fox News
Eddie Van Halen's 1934 Ford is red hot and up for auction  Fox News

Analysis: Big US Treasury auctions could restart rise in yields - Reuters
Analysis: Big US Treasury auctions could restart rise in yields  Reuters

Four Rare Ferraris Hitting the Auction Block This Summer - Autoweek
Four Rare Ferraris Hitting the Auction Block This Summer  Autoweek

Brazil slashes its own take in Atapu, Sepia subsalt auction - S&P Global
Brazil slashes its own take in Atapu, Sepia subsalt auction  S&P Global

Maine gets more than $4M from cap and trade auctions - WABI
Maine gets more than $4M from cap and trade auctions  WABI

Ticket from Tiger Woods' pro debut in Milwaukee will fetch thousands at auction - Green Bay Press Gazette
Ticket from Tiger Woods' pro debut in Milwaukee will fetch thousands at auction  Green Bay Press Gazette

Red Wings excited to announce #LGRW Online Auction - BlueJackets.com
Red Wings excited to announce #LGRW Online Auction  BlueJackets.com

Q&A: George Church’s Genome Up for Auction - The Scientist
Q&A: George Church’s Genome Up for Auction  The Scientist

Local nonprofits look forward to return of auctions – Methow Valley News - Methow Valley News
Local nonprofits look forward to return of auctions – Methow Valley News  Methow Valley News

Prince William and Kate Middleton's 2013 Range Rover to sell at auction for as little as £30k - This is Money
Prince William and Kate Middleton's 2013 Range Rover to sell at auction for as little as £30k  This is Money

HiBid.com Auctions Surpass $50 Million Last Week; Taking Bids Now on VR Headsets, Pickup Trucks, and More - PRNewswire
HiBid.com Auctions Surpass $50 Million Last Week; Taking Bids Now on VR Headsets, Pickup Trucks, and More  PRNewswire

Youngstown Chase building gets successful bid in auction - WFMJ
Youngstown Chase building gets successful bid in auction  WFMJ

Church joins the NFT craze with plans to auction off his genome - FierceBiotech
Church joins the NFT craze with plans to auction off his genome  FierceBiotech

1991 Isdera Imperator 108i Heads to Auction Autoweek Autos - Autoweek
1991 Isdera Imperator 108i Heads to Auction Autoweek Autos  Autoweek

Sequim Education Foundation sets silent auction fundraiser - Peninsula Daily News
Sequim Education Foundation sets silent auction fundraiser  Peninsula Daily News

Parents pack Aledo ISD meeting after racist Snapchat group and slave auction flyers - WFAA.com
Parents pack Aledo ISD meeting after racist Snapchat group and slave auction flyers  WFAA.com

Northgate Mall in Durham will soon be torn down. Here’s how you can get a piece of it. - Raleigh News & Observer
Northgate Mall in Durham will soon be torn down. Here’s how you can get a piece of it.  Raleigh News & Observer

Eddie Van Halen ‘Frankenstrat’ Guitars Hit the Auction Block - Rolling Stone
Eddie Van Halen ‘Frankenstrat’ Guitars Hit the Auction Block  Rolling Stone

Def Leppard Auction Goes Inside Rick Allen's Arm Loss - Ultimate Classic Rock
Def Leppard Auction Goes Inside Rick Allen's Arm Loss  Ultimate Classic Rock

TREASURIES-Yields show little movement despite strong 20-year auction - Nasdaq
TREASURIES-Yields show little movement despite strong 20-year auction  Nasdaq

Sotheby's Pak Auction Yields $16.8 Million as NFT Art Boom Continues - Bloomberg
Sotheby's Pak Auction Yields $16.8 Million as NFT Art Boom Continues  Bloomberg

Ponderay Newsprint auction winner to be announced Friday - The Spokesman-Review
Ponderay Newsprint auction winner to be announced Friday  The Spokesman-Review

Forgotten Copy of Super Mario Bros. Sets Record at Auction - The New York Times
Forgotten Copy of Super Mario Bros. Sets Record at Auction  The New York Times

Google’s Secret ‘Project Bernanke’ Revealed in Texas Antitrust Case - The Wall Street Journal
Google’s Secret ‘Project Bernanke’ Revealed in Texas Antitrust Case  The Wall Street Journal

Henry Ford II’s bespoke Capri is heading up for auction - Top Gear
Henry Ford II’s bespoke Capri is heading up for auction  Top Gear

Desserts are back for the Young Life Auction - The Ely Echo
Desserts are back for the Young Life Auction  The Ely Echo

Enter the 'man cave' auction: Pinball machines, Playboys and a moa skeleton all up for sale - Stuff.co.nz
Enter the 'man cave' auction: Pinball machines, Playboys and a moa skeleton all up for sale  Stuff.co.nz

Andrew Lloyd Webber to Auction Off Notable ‘Phantom of the Opera’ Prop - Rolling Stone
Andrew Lloyd Webber to Auction Off Notable ‘Phantom of the Opera’ Prop  Rolling Stone

Sotheby’s Unveils First Auction Dedicated to Women Artists - Barron's
Sotheby’s Unveils First Auction Dedicated to Women Artists  Barron's

ACV Auctions Rises 25% in Debut After $414 Million IPO - Bloomberg
ACV Auctions Rises 25% in Debut After $414 Million IPO  Bloomberg

This Pile of Twisted Metal at a Salvage Auction Used to Be a 2005 Ford GT - The Drive
This Pile of Twisted Metal at a Salvage Auction Used to Be a 2005 Ford GT  The Drive

Bat Used by Lou Gehrig in 1938 Sells at Auction for $715,120 - The New York Times
Bat Used by Lou Gehrig in 1938 Sells at Auction for $715,120  The New York Times

Treasuries Set for Smooth Auctions Even as Caution Abounds - Bloomberg
Treasuries Set for Smooth Auctions Even as Caution Abounds  Bloomberg

HPU’s Baptist Student Ministry to host art auction fundraiser for Go Now Missions - Brownwood Bulletin
HPU’s Baptist Student Ministry to host art auction fundraiser for Go Now Missions  Brownwood Bulletin

JPD evidence vault items, seized vehicles up for auction - WAPT Jackson
JPD evidence vault items, seized vehicles up for auction  WAPT Jackson

Marin's largest remaining undeveloped waterfront residential property headed to auction - SFGate
Marin's largest remaining undeveloped waterfront residential property headed to auction  SFGate

BigIron Auctions to Host Classic Car and Motorcycle Auction Featuring Chevyland USA Inventory - Yahoo Finance
BigIron Auctions to Host Classic Car and Motorcycle Auction Featuring Chevyland USA Inventory  Yahoo Finance

You could win chair Jim Boeheim fell out of at 'Basket Ball' auction: See items here - CNYcentral.com
You could win chair Jim Boeheim fell out of at 'Basket Ball' auction: See items here  CNYcentral.com

Prototype of first US dollar coin may sell for $500,000 at auction - WGMD Radio
Prototype of first US dollar coin may sell for $500,000 at auction  WGMD Radio

Used car dealers sue over alleged 'shill bidding' in ACV's auctions - Buffalo News
Used car dealers sue over alleged 'shill bidding' in ACV's auctions  Buffalo News

Wichita Mountains Wildlife Refuge holding 78th annual Longhorn Cattle Auction - KSWO
Wichita Mountains Wildlife Refuge holding 78th annual Longhorn Cattle Auction  KSWO

1972 Chevy Vega Wagon With Just 32 Original Miles Headed To Auction - GM Authority
1972 Chevy Vega Wagon With Just 32 Original Miles Headed To Auction  GM Authority

Cold Spring Area Auction • Sunday, April 25 | Auctions - ECM Publishers
Cold Spring Area Auction • Sunday, April 25 | Auctions  ECM Publishers

Want to Own the Ocean? Now You Can: Moen Launches NFT Auction to Help Combat Ocean Plastic Pollution - News-Herald.com
Want to Own the Ocean? Now You Can: Moen Launches NFT Auction to Help Combat Ocean Plastic Pollution  News-Herald.com

Baseball Cards Go Crypto as Auction Houses Warm to New Currency - Bloomberg
Baseball Cards Go Crypto as Auction Houses Warm to New Currency  Bloomberg

Ottoneu Hot Right Now: Most Active Current Auctions - fangraphs.com
Ottoneu Hot Right Now: Most Active Current Auctions  fangraphs.com

Iconic Classic Car Collection In Central Nebraska Up for Auction | netnebraska.org - NET Nebraska
Iconic Classic Car Collection In Central Nebraska Up for Auction | netnebraska.org  NET Nebraska

Ritchie Bros. keeps rolling with US$55+ million regional auction in Northeast US - PRNewswire
Ritchie Bros. keeps rolling with US$55+ million regional auction in Northeast US  PRNewswire

Elida schools to auction elementary school equipment - LimaOhio.com
Elida schools to auction elementary school equipment  LimaOhio.com

Florida to hold online auction to sell unclaimed property - Wink News - Wink News
Florida to hold online auction to sell unclaimed property - Wink News  Wink News

Online Onion Seller Rises from Domain Auction - Practical Ecommerce
Online Onion Seller Rises from Domain Auction  Practical Ecommerce

Beverly Park mansion sells at auction for record $51 million - Los Angeles Times
Beverly Park mansion sells at auction for record $51 million  Los Angeles Times

Ritchie Bros. hits US$52+ million with latest regional auction success in US Midwest - PRNewswire
Ritchie Bros. hits US$52+ million with latest regional auction success in US Midwest  PRNewswire

Local realtor adds online/onsite auction service - Dubois County Free Press
Local realtor adds online/onsite auction service  Dubois County Free Press

Hopkinsville Rotary Auction Continuing Strong Pace - wkdzradio.com
Hopkinsville Rotary Auction Continuing Strong Pace  wkdzradio.com

Mount St. Charles auction fundraiser begins May 8 - Valley Breeze
Mount St. Charles auction fundraiser begins May 8  Valley Breeze

Matthew Tkachuk of Calgary Flames is first NHL player to release NFT, will auction it off for charity - ESPN
Matthew Tkachuk of Calgary Flames is first NHL player to release NFT, will auction it off for charity  ESPN

ACV Auctions raises offer price range, eyes $364 million IPO - Reuters
ACV Auctions raises offer price range, eyes $364 million IPO  Reuters

San Diego County has 279 properties up for auction. Here's the list - CBS News 8
San Diego County has 279 properties up for auction. Here's the list  CBS News 8

St. Albert Auction offers myriad of merchandise - The Daily Nonpareil
St. Albert Auction offers myriad of merchandise  The Daily Nonpareil

Minor League Baseball Team To Auction Off Naming Rights To Its Stadium For Individual Games - Forbes
Minor League Baseball Team To Auction Off Naming Rights To Its Stadium For Individual Games  Forbes

Get your garden going with Williamsburg Garden Club’s annual plant auction - The Clermont Sun
Get your garden going with Williamsburg Garden Club’s annual plant auction  The Clermont Sun

Aledo ninth-graders' 'slave auction' of Black classmates should be a wake-up call to all white parents - The Dallas Morning News
Aledo ninth-graders' 'slave auction' of Black classmates should be a wake-up call to all white parents  The Dallas Morning News

Lionel train collection chugs into EJ's Auction & Appraisal - Glendale Star
Lionel train collection chugs into EJ's Auction & Appraisal  Glendale Star

Auctions with authenticity | Morrison County Record - ECM Publishers
Auctions with authenticity | Morrison County Record  ECM Publishers

Colorado resort selling 20 chairs from 50-year-old lift in virtual auction - OutThere Colorado
Colorado resort selling 20 chairs from 50-year-old lift in virtual auction  OutThere Colorado

Auction for rare Honus Wagner baseball card already hits $110000 - TribLIVE
Auction for rare Honus Wagner baseball card already hits $110000  TribLIVE

Timberwolves, Lynx host online auction for Daunte Wright's family - KSTP
Timberwolves, Lynx host online auction for Daunte Wright's family  KSTP

Possible Caravaggio Is Withdrawn From Auction; Spain Announces Export Ban - The New York Times
Possible Caravaggio Is Withdrawn From Auction; Spain Announces Export Ban  The New York Times

EXCLUSIVE PHOTO & VIDEO TOUR: Heritage Auctions' "Art of the Disney Theme Park" Lets Bidders Take Home a Piece of Walt Disney World History - wdwnt.com
EXCLUSIVE PHOTO & VIDEO TOUR: Heritage Auctions' "Art of the Disney Theme Park" Lets Bidders Take Home a Piece of Walt Disney World History  wdwnt.com

ACTION AUCTIONS GREENSBORO, NC APRIL 10, 2021 | Auction Sales - Greensboro News & Record
ACTION AUCTIONS GREENSBORO, NC APRIL 10, 2021 | Auction Sales  Greensboro News & Record

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