Showing posts with label Set up PayPal. Show all posts
Showing posts with label Set up PayPal. Show all posts

Monday, October 29, 2012

eBay and Paypal Fees


This information comes straight from ebay.com, so it is the most up-to-date information available.
One of the best ways to find out what your margins and profit will be is to use www.Salecalc.com, it's free and will help you determine whether or not you will turn a profit.

The basic cost of selling an item is the insertion fee plus the final value fee, plus fees for any optional features and services you may use:

*The total amount of the sale equals the cost of the item, shipping charges, and any other amounts you may charge the buyer. Sales tax is not included in the total amount of the sale.
Insertion and final value fees vary based on the category and listing format you use, either auction-style or fixed price.
All fees are in US dollars.

Insertion fees for auction-style format listings

Auction-style format listings
Starting or reserve priceInsertion fee
$0.01–$0.99



Free for 50 listings
per month * (exclusions apply)

$0.10
$1.00–$9.99
$0.25
$10.00–$24.99
$0.50
$25.00–$49.99
$0.75
$50.00–$199.99
$1.00
$200.00 or more
$2.00


Final value fees for auction-style format listings

Auction-style format listings
Total amount of the sale(less any sales tax)Final value fee
(Based on the total amount of the sale )
Item not sold
No fee
$0.01 or more
9.0% of the total amount of the sale with a maximum charge of $250.00.
To learn more and see an example of a final value fee calculation, visit ourfinal value fees page.

Insertion fee for fixed price format listings

Buy It Now priceInsertion fee
$0.99 or more
$0.50
Note: The insertion fee applies to each listing, regardless of the quantity of items in the listing.
To learn more, visit our insertion fees page.

Final value fees for fixed price format listings


Fixed price final value fees
(Based on the total amount of the sale )
Total amount of the saleElectronics*Clothing, Shoes and AccessoriesBooks, DVDs & Movies, Music, Video GamesAll other categories
Item not sold
No fee
No fee
No fee
No fee
$0.99– $50.00
7.0% of the total amount of the sale
10.0% of the total amount of the sale
13.0% of the total amount of the sale
11.0% of the total amount of the sale
$50.01–$1000.00
7.0% of the initial $50.00, plus 5.0% of the remaining balance ($50.01–$1,000.00) of the total amount of the sale
10.0% of the initial $50.00, plus 8.0% of the remaining balance ($50.01–$1,000.00) of the total amount of the sale
13.0% of the initial $50.00, plus 5.0% of the remaining balance ($50.01–$1,000.00) of the total amount of the sale
11.0% of the initial $50.00, plus 6.0% of the remaining balance ($50.01–$1,000.00) of the total amount of the sale
$1000.01 or more
7.0% of the initial $50.00, plus 5.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance ($1,000.01–total cost to buyer) of the total amount of the sale
10.0% of the initial $50.00, plus 8.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance ($1,000.01–total cost to buyer) of the total amount of the sale
13.0% of the initial $50.00, plus 5.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance ($1,000.01–total cost to buyer) of the total amount of the sale
11.0% of the initial $50.00, plus 6.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance ($1,000.01–total cost to buyer) of the total amount of the sale
*Includes the following categories and subcategories:
  • Cameras & Photo
  • Computers/Tablets & Networking
  • Consumer Electronics
  • Cell Phones & Accessories > Cell Phones & Smartphones
  • eBay Motors > Parts & Accessories > Car Electronics
  • Musical Instruments & Gear > Pro Audio Equipment
  • Specialty Services > Web & Computer Services > Domain Names
  • Video Games & Consoles > Video Game Consoles
When a category and subcategory are listed, the fee amount only applies to the subcategory.

Good 'Til Cancelled listings renew automatically every 30 days unless all of the items sell, you end the listing, or the listing violates an eBay policy. Insertion fees and optional feature fees are charged every 30-day period. Fee amounts are based on the terms in effect when the listing goes live, and when it renews.

Sunday, October 7, 2012

How to get started on eBay

           I often speak with individuals who would really like to sell on eBay and make money online.  Typically, I hear the same exact thing again and again, "I don't know how to get started."

          Well here are the very most basic steps of getting started on eBay.  I believe that anybody who has even half a brain can sell on eBay.  If you really want to make great money on eBay it will take some time.  The great thing about selling on eBay is that you can learn how to be successful, it's not a lottery favoring a certain few.

eBay. First of all, click here to Set up an ebay account. At the very top left of the page you'll see where you can Set up an ebay account. It's FREE!

PayPal.  You now need a Paypal account to make sure that you can get paid for items you sell and pay for items you buy.  Sign up for a Paypal account here. It's FREE! After clicking the link, look for the sign up button in the top right corner.

If you haven't set up your eBay account or Paypal account, take the time now to do so before continuing on.

       Now that you have set up your accounts, you are ready for the next steps.

Feedback. Because you are new to eBay, you do not have a reputation of being a good member, yet.  You'll need to get your feedback score up to about 5 or 10 before you start selling any items. A feedback score is basically a score given to an eBay member according to buying and selling transactions that he or she has had with other members on eBay.  When members have good experiences, they leave positive feedback.  When members have bad experiences, they leave negative feedback.  YOU DO NOT WANT NEGATIVE FEEDBACK, it will kill your chances of selling any items on eBay. You can find your feedback score next to your user id when logged in to eBay.


Start Buying. Start buying really inexpensive items on eBay.  Buying items between $.01-$.25 cents total (includes shipping) is the fastest and cheapest way to raise your feedback score. (CLICK here for current inexpensive penny auction items on eBay). 

          After you have received some feedback, you are ready to start listing and selling items.  Read the next blog posts by clicking on them here: "what to sell" and "how to list an item.  

        If you are interested in a book about selling on eBay, I've found this one to be really good "The Official Ebay Guide to Buying, Selling and Collecting Just About Anything By Kaiser, Laura Fisher/ Kaiser Laura Fisher/ Kaiser, Michael B.