Selling on ebay - costs?

[dfen5]

I'm trying to work out the final cost of the sale..

If I've got this right, for a low volume shop it's £19.99 per month (inc VAT), 10% per item final value inc' shipping (fixed price sale) and around 2.5-3% if the customer pays with Paypal?

Seems you also need a feedback of 10 before you can register a shop? How?

Edited by dfen5 on Sunday 22 May 17:47

[DSLiverpool]

Roughly work on 22/25% to cover all costs and return costs
Remember PayPal will keep cash for a while so look at cash flow
To get going I suggest you sell a load of some thing cheap and easy to post initially

[ModernAndy]

have you remembered to include postage & packaging in your calculations as well as VAT (although I would assume at this point you wouldn't be required to pay it)?

ETA: okay, you've included shipping but are you only selling one type of item or are all your items the same price/have the same ratio of postage cost to sale value?

ETA again: don't forget the fixed paypal fee as well as the %. 20p per transaction on standard accounts.

Edited by ModernAndy on Sunday 22 May 19:57

[951TSE]

You don't have to have a shop, ebay recommend that you need to list 65 fixed price listings per month before a shop becomes cost effective. I can't see a requirement for the 10 feedbacks before opening a shop all I can see is you must be Paypal verified that's for a basic private seller shop. It may be different for a business seller.

[russy01]

Forget the shop for now. Just get some sales under your belt.

It doesn't sound like you a very familiar with eBay, so before you go crazy Id stick on a few basic listings and sell some stuff. Get an idea how the platform works, Messages, Resolution cases, listing practises etc...

Selling on eBay is easy, BUT being good and successful isn't. Try and get to grips with the site first...

[dfen5]

russy01 said:

Forget the shop for now. Just get some sales under your belt.

It doesn't sound like you a very familiar with eBay, so before you go crazy Id stick on a few basic listings and sell some stuff. Get an idea how the platform works, Messages, Resolution cases, listing practises etc...

Selling on eBay is easy, BUT being good and successful isn't. Try and get to grips with the site first...

Got the business account now so as you say I'll just list a few starters and see how it progresses. Mainly a marketing tool and search result boost for a start anyway, might get run alongside ecommerce in future.

I hooked up with SagePay and next thing I know I've got PayPal calling asking to help setup a PayPal option on my site? Surprised me they were working together.

[russy01]

dfen5 said:

russy01 said:

Forget the shop for now. Just get some sales under your belt.

It doesn't sound like you a very familiar with eBay, so before you go crazy Id stick on a few basic listings and sell some stuff. Get an idea how the platform works, Messages, Resolution cases, listing practises etc...

Selling on eBay is easy, BUT being good and successful isn't. Try and get to grips with the site first...

Got the business account now so as you say I'll just list a few starters and see how it progresses. Mainly a marketing tool and search result boost for a start anyway, might get run alongside ecommerce in future.

I hooked up with SagePay and next thing I know I've got PayPal calling asking to help setup a PayPal option on my site? Surprised me they were working together.

We've used Paypal Website Payments pro for years on our websites and generally have had no issue. We do good volume so get an account manager and very good rates - so havent got anything bad to say about it really.

We recently changed our site and we are currently using Braintree which is a Paypal spin off. So far it seems fairly good and its much more up to date than Paypal, but being a new company and us being a new customer the service has been pretty poor in comparison.

Best of luck with your eBay venture, any questions drop me a PM.

[DSLiverpool]

As Russ said if you understand the paypal MO then you work within it and once "trusted" and with no surprises you will be ok.

My new business doesnt actually sell anything but takes payments in hefty chunks, I do offer paypal as an option but will have to remove it as believe it or not we have to mark our "consultancy" SHIPPED and the customer has to say its received to get our cash before 21 days (I cannot get around this they have no model for our type of business)