• @wiccan2
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    413 days ago

    Any info out there on how they actually plan on making money going forwards?

    The article talks about other platforms charging a fee to buyers instead but mentions nothing about eBay introducing this.

    Are they really making enough from ads on the site and vehicles to replace the lost revenue?

    • @[email protected]
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      1013 days ago

      Not certain but I believe listings are now free to post but when you sell something they charge a commission. It has been this way in the USA for a while, if you’re a small vendor you can list a couple hundred/thousand items for free and they charge fees when sold.

      • @MurrayL
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        713 days ago

        Those are exactly the fees they’re removing in the uk:

        On Tuesday, eBay said its move, which has taken effect immediately, meant private sellers would no longer pay so-called final value fees or regulatory operating fees when they sold on the site.

      • GreatAlbatrossM
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        613 days ago

        They’re also changing the way you get money after someone buys something.

        eBay balance, apparently. So by default, when a transaction happens, the money stays in eBay, and you have to manually transfer it out, instead of scheduled timed payouts.

        • @thehatfoxOP
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          212 days ago

          So I’ve heard they have already switched eBay in Germany to this no-fee system. It proved more profitable for eBay because private sellers who accrue an eBay balance from sales were in turn more likely to spend it on eBay.

    • @[email protected]
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      612 days ago

      Previously you got 10,000 free listings a month on private seller accounts, now it’s 300. Which is plenty for actual private sellers, but businesses operating as private sellers will have to start paying for their listings

      • @wiccan2
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        412 days ago

        That makes a lot of sense, I hadn’t considered that business sellers would still be charged.