800px Ebayheadquarters eBay to lower seller fees to steal Amazon sellers

eBay is taking advantage of price hikes for Amazon sellers by reducing its own seller fees, encouraging potentially millions to jump ship.

eBay is taking advantage of price hikes for Amazon sellers by reducing its own seller fees, encouraging potentially millions to jump ship.

 
The popular online auction site is simplifying its final value fees and removing some of its listing fees, resulting in substantial savings for sellers.
 
Some of the changes will primarily affect smaller sellers who list fewer than 12,250 items per month, with eBay offering 50 free listings per month, compared to current charges of 50 cents per listing unless they are auctions. eBay will take 10 percent of any sales.
 
800px Ebayheadquarters eBay to lower seller fees to steal Amazon sellers
 
Higher volume sellers will also benefit, with reductions in fees averaging 11 percent, according to one seller cited by Reuters. The new final value fees will be between 4 and 9 percent, depending on the type of product on offer.
 
The move comes as sellers become more vocal about price hikes at Amazon's third-party seller programme, threatening to move elsewhere. Part of Amazon's advantage over eBay was not requiring listing fees, making eBay's free 50 listings a powerful motivator for switching over.
 
The changes will be implemented on 16 April for some and 1 May for others.
 
Source: Reuters
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