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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 Sat. July / 11 / 2020

Auctions Are Crimped as the Pandemic Forces Them Online - The New York Times
Auctions Are Crimped as the Pandemic Forces Them Online  The New York Times

Christie’s New Auction Technique: The Global Gavel - The New York Times
Christie’s New Auction Technique: The Global Gavel  The New York Times

Super Mario Bros game auctions for a record $114K - Crossroads Today
Super Mario Bros game auctions for a record $114K  Crossroads Today

Get your 4A/FFA livestock from online auction - Burlington Hawk Eye
Get your 4A/FFA livestock from online auction  Burlington Hawk Eye

Phillips Restarts Live Auctions With Record Results for Titus Kaphar and Christina Quarles, Notable Debut for Otis Kwame Kye Quaicoe - Culture Type
Phillips Restarts Live Auctions With Record Results for Titus Kaphar and Christina Quarles, Notable Debut for Otis Kwame Kye Quaicoe  Culture Type

Live Mecum Auction returns to Indianapolis with 2,500 Collector Cars - Fox 59
Live Mecum Auction returns to Indianapolis with 2,500 Collector Cars  Fox 59

Staples Area Auction • Saturday, July 18th | Auctions - ECM Publishers
Staples Area Auction • Saturday, July 18th | Auctions  ECM Publishers

Space Suit From ‘2001: A Space Odyssey’ Heads to Auction, Sale Could Spike to $300,000 - IndieWire
Space Suit From ‘2001: A Space Odyssey’ Heads to Auction, Sale Could Spike to $300,000  IndieWire

Patek Philippe Reference 2499/100 Fetches $607,590 At Phillips Auction - Forbes
Patek Philippe Reference 2499/100 Fetches $607,590 At Phillips Auction  Forbes

Little Falls Area Auction • Sunday, July 19th | Auctions - ECM Publishers
Little Falls Area Auction • Sunday, July 19th | Auctions  ECM Publishers

33rd Mecum Auctions kicks off with new safety rules amid COVID-19 pandemic - WISHTV.com
33rd Mecum Auctions kicks off with new safety rules amid COVID-19 pandemic  WISHTV.com

Selected Western livestock auctions | Livestock Auctions - Capital Press
Selected Western livestock auctions | Livestock Auctions  Capital Press

Editorial: Fair livestock auctions can make summer special for youth - Albany Democrat Herald
Editorial: Fair livestock auctions can make summer special for youth  Albany Democrat Herald

Steffes Group shifts 4H/FFA livestock auctions to online platform - Successful Farming
Steffes Group shifts 4H/FFA livestock auctions to online platform  Successful Farming

Brazil to hold transmission tender, resumes ... - BNamericas English
Brazil to hold transmission tender, resumes ...  BNamericas English

A property auction is coming to America’s wealthiest ZIP code —a first - Yahoo Money
A property auction is coming to America’s wealthiest ZIP code —a first  Yahoo Money

Josh Gordon's Super Bowl ring is headed for auction - Patriots Wire
Josh Gordon's Super Bowl ring is headed for auction  Patriots Wire

Summer Christmas: Toy N Joy Auction | News | thechronicleonline.com - St. Helens Chronicle
Summer Christmas: Toy N Joy Auction | News | thechronicleonline.com  St. Helens Chronicle

Greenwich mansion owned by shoe mogul Camuto to sell at auction - Crain's New York Business
Greenwich mansion owned by shoe mogul Camuto to sell at auction  Crain's New York Business

Rare Star Wars ESB Birthday Card Art On Auction At Heritage Right Now - Bleeding Cool News
Rare Star Wars ESB Birthday Card Art On Auction At Heritage Right Now  Bleeding Cool News

Founder of O'Neill brand's Santa Cruz area estate up for auction - SFGate
Founder of O'Neill brand's Santa Cruz area estate up for auction  SFGate

Rare 1st Edition Holographic Venusaur Pokémon Card On Auction - Bleeding Cool News
Rare 1st Edition Holographic Venusaur Pokémon Card On Auction  Bleeding Cool News

Auction offers hidden treasures | News - Independent-Messenger
Auction offers hidden treasures | News  Independent-Messenger

Despite coronavirus, Mecum's Indianapolis event will be biggest yet. Here's what to know. - IndyStar
Despite coronavirus, Mecum's Indianapolis event will be biggest yet. Here's what to know.  IndyStar

A Graded And Cast Signed Copy Of Marvel Star Wars #1 Up For Auction - Bleeding Cool News
A Graded And Cast Signed Copy Of Marvel Star Wars #1 Up For Auction  Bleeding Cool News

RavnAir cancels auction for remaining planes, calling rural hub service into question - Alaska Public Media News
RavnAir cancels auction for remaining planes, calling rural hub service into question  Alaska Public Media News

12 more Manheim auctions to start piloting in-lane bidding this week - Auto Remarketing
12 more Manheim auctions to start piloting in-lane bidding this week  Auto Remarketing

Hoofbid Adds Wednesday Night Auctions - Standardbred Canada
Hoofbid Adds Wednesday Night Auctions  Standardbred Canada

USDA: Livestock buyers took turns on bidding at Ohio auctions - Farm and Dairy
USDA: Livestock buyers took turns on bidding at Ohio auctions  Farm and Dairy

Josh Gordon’s Super Bowl ring is up for auction - Boston.com
Josh Gordon’s Super Bowl ring is up for auction  Boston.com

Pa. will try its luck again in mini-casino license auction - PennLive
Pa. will try its luck again in mini-casino license auction  PennLive

Premium Livestock Auction Fund started | Local News - Greensburg Daily News
Premium Livestock Auction Fund started | Local News  Greensburg Daily News

Gallery MAR draws up an auction to benefit artists and the Park City Community Foundation - The Park Record
Gallery MAR draws up an auction to benefit artists and the Park City Community Foundation  The Park Record

Charity Auction Software Market to See Major Growth by 2025 | SchoolAuction.net, BiddingOwl, Auctria, 501 Auctions - Daily Research Chronicles
Charity Auction Software Market to See Major Growth by 2025 | SchoolAuction.net, BiddingOwl, Auctria, 501 Auctions  Daily Research Chronicles

For Goat's Sake: Alameda County Fair Takes Live Auction Online - KCBS
For Goat's Sake: Alameda County Fair Takes Live Auction Online  KCBS

Bangalore Development Authority auctions 85% of the listed corner sites - Deccan Herald
Bangalore Development Authority auctions 85% of the listed corner sites  Deccan Herald

Katharine Hepburn's love letters to Howard Hughes up for auction - The Jakarta Post - Jakarta Post
Katharine Hepburn's love letters to Howard Hughes up for auction - The Jakarta Post  Jakarta Post

Auction Report: A Rare Rolex Daytona Fetches $3.27 Million At Sotheby's Hong Kong Auction - HODINKEE
Auction Report: A Rare Rolex Daytona Fetches $3.27 Million At Sotheby's Hong Kong Auction  HODINKEE

Student art auction a huge success for Animal Harbor - Winchester Herald Chronicle
Student art auction a huge success for Animal Harbor  Winchester Herald Chronicle

Elmira Police Department utilizing vehicle auction website - WETM - MyTwinTiers.com
Elmira Police Department utilizing vehicle auction website  WETM - MyTwinTiers.com

Treasury yields hold ground as 10-year note auction fetches lowest rate on record - MarketWatch
Treasury yields hold ground as 10-year note auction fetches lowest rate on record  MarketWatch

Kiwanis Hosts its “Sale of Champions” Auction August 7 - The Cheyenne Post
Kiwanis Hosts its “Sale of Champions” Auction August 7  The Cheyenne Post

Disputed African Artifacts Sell at Auction - The New York Times
Disputed African Artifacts Sell at Auction  The New York Times

Tips to Use Online Auctions to Find Used Car Inventory - http://cbtnews.com/
Tips to Use Online Auctions to Find Used Car Inventory  http://cbtnews.com/

Historic space exploration artifacts launch for sale at RR Auction [Sponsored] - collectSPACE.com
Historic space exploration artifacts launch for sale at RR Auction [Sponsored]  collectSPACE.com

Phillips Brings Back Live Watch Auctions With Geneva Auction: XI - Barron's
Phillips Brings Back Live Watch Auctions With Geneva Auction: XI  Barron's

No Ionia Free Fair, but Youth Livestock Auction goes virtual July 23 - Greenville Daily News
No Ionia Free Fair, but Youth Livestock Auction goes virtual July 23  Greenville Daily News

Greenwich Mansion Owned by Shoe Mogul Vince Camuto to Sell at Auction - Bloomberg
Greenwich Mansion Owned by Shoe Mogul Vince Camuto to Sell at Auction  Bloomberg

Annual Art Auction Will Take Place Online | Arts & Entertainment - CapeNews.net
Annual Art Auction Will Take Place Online | Arts & Entertainment  CapeNews.net

28-Carat D-Color Diamond Sets Online Auction Record Of $2.1 Million - Forbes
28-Carat D-Color Diamond Sets Online Auction Record Of $2.1 Million  Forbes

FCC makes next move on T-band auction - GCN.com
FCC makes next move on T-band auction  GCN.com

Stack's Bowers presents important early cents at Aug. 6 auction - Coin World
Stack's Bowers presents important early cents at Aug. 6 auction  Coin World

Positive COVID-19 test for person who attended Seneca Co. pony auction - 13WHAM-TV
Positive COVID-19 test for person who attended Seneca Co. pony auction  13WHAM-TV

Silver Lakes Resort in Helendale to be Sold in Bankruptcy Auction - VVNG.com
Silver Lakes Resort in Helendale to be Sold in Bankruptcy Auction  VVNG.com

Ming Dynasty encyclopedia sells for more than $9 million at auction -- 1,000 times the expected price - CNN
Ming Dynasty encyclopedia sells for more than $9 million at auction -- 1,000 times the expected price  CNN

Household.HiBid.com: A Dedicated Site for Auctions Featuring Furniture, Housewares & Other Household Goods - Yahoo Finance
Household.HiBid.com: A Dedicated Site for Auctions Featuring Furniture, Housewares & Other Household Goods  Yahoo Finance

Sky high Flagstaff Ballroom attracts $1.425 million top bid in auction - Morning Call
Sky high Flagstaff Ballroom attracts $1.425 million top bid in auction  Morning Call

Market Analysis: Americana strong at Stack's Bowers auction - Coin World
Market Analysis: Americana strong at Stack's Bowers auction  Coin World

Arts Avenue: Milwaukee Repertory Theater auction goes virtual due to pandemic - WISN Milwaukee
Arts Avenue: Milwaukee Repertory Theater auction goes virtual due to pandemic  WISN Milwaukee

Kurt Cobain’s ‘MTV Unplugged’ Guitar Sells for $6 Million at Auction - Rolling Stone
Kurt Cobain’s ‘MTV Unplugged’ Guitar Sells for $6 Million at Auction  Rolling Stone

Ancient, World Coin Heritage Signature Auction Open for Bidding Soon - CoinWeek
Ancient, World Coin Heritage Signature Auction Open for Bidding Soon  CoinWeek

Convict love token far exceeds estimate in London auction - Coin World
Convict love token far exceeds estimate in London auction  Coin World

Entrepreneurs Top Sycamore In Pier 1 Bankruptcy Auction - Wall Street Journal
Entrepreneurs Top Sycamore In Pier 1 Bankruptcy Auction  Wall Street Journal

HBO Max Wins Auction For ‘Chinos’; Put Pilot Deal For Animated Show By ‘Fresh Off The Boat’s Eddie Huang - Deadline
HBO Max Wins Auction For ‘Chinos’; Put Pilot Deal For Animated Show By ‘Fresh Off The Boat’s Eddie Huang  Deadline

of late fashion designer Vince Camuto going to auction - Greenwich Time
of late fashion designer Vince Camuto going to auction  Greenwich Time

Hamilton-Selway Fine Art Announces Upcoming July Auction, Summer Sights - PRNewswire
Hamilton-Selway Fine Art Announces Upcoming July Auction, Summer Sights  PRNewswire

Spanning four cities and four hours, Christie's virtual auction brings in $420m in sales - The National
Spanning four cities and four hours, Christie's virtual auction brings in $420m in sales  The National

Paul's Italian restaurant closes for good; auction planned for Friday. - Winston-Salem Journal
Paul's Italian restaurant closes for good; auction planned for Friday.  Winston-Salem Journal

2020 Fantasy Baseball Mock Draft: 12-team Rotisserie auction for the 60-game season - CBS Sports
2020 Fantasy Baseball Mock Draft: 12-team Rotisserie auction for the 60-game season  CBS Sports

Schools earn $50K in auction | News, Sports, Jobs - Warren Tribune Chronicle
Schools earn $50K in auction | News, Sports, Jobs  Warren Tribune Chronicle

Is the in-person iron auction dead? - Successful Farming
Is the in-person iron auction dead?  Successful Farming

Santa Monica's Pacific Dining Car Auctions Assets as Restaurant Shuts Down - Hollywood Reporter
Santa Monica's Pacific Dining Car Auctions Assets as Restaurant Shuts Down  Hollywood Reporter

Phillips Geneva $31 Million Watch Auction Breaks World Records - Forbes
Phillips Geneva $31 Million Watch Auction Breaks World Records  Forbes

Elite British sport horse auction goes online - Horsetalk
Elite British sport horse auction goes online  Horsetalk

Former LA Ram to auction Chatsworth home with no reserve - The Real Deal
Former LA Ram to auction Chatsworth home with no reserve  The Real Deal

Josh Gordon's Super Bowl ring with Pats up for auction - Comcast SportsNet New England
Josh Gordon's Super Bowl ring with Pats up for auction  Comcast SportsNet New England

Cybercriminals auction off admin credentials for $3,000 - TechTarget
Cybercriminals auction off admin credentials for $3,000  TechTarget

Former restaurant up for auction Sunday - tnonline.com
Former restaurant up for auction Sunday  tnonline.com

Womanspace seeks donations for virtual fundraising auction - WREX-TV
Womanspace seeks donations for virtual fundraising auction  WREX-TV

Mount Vernon church auction gets bidders but no buyer - Baltimore Fishbowl
Mount Vernon church auction gets bidders but no buyer  Baltimore Fishbowl

Auction for Ravn Air Group continues Wednesday - KTVA
Auction for Ravn Air Group continues Wednesday  KTVA

Nearly $28M in Assets Sold Through HiBid.com Last Week; Coins, Office Supplies & More for Sale in Upcoming Auctions - PRNewswire
Nearly $28M in Assets Sold Through HiBid.com Last Week; Coins, Office Supplies & More for Sale in Upcoming Auctions  PRNewswire

Tesla's Patents, Einstein's Letters and an Enigma Machine Are Up for Auction - Smithsonian Magazine
Tesla's Patents, Einstein's Letters and an Enigma Machine Are Up for Auction  Smithsonian Magazine

Real Estate Experts in Jamaica Lauds First Online Property Auction - South Florida Caribbean News
Real Estate Experts in Jamaica Lauds First Online Property Auction  South Florida Caribbean News

Carbon County landmark with celebrated past on auction block Tuesday - Morning Call
Carbon County landmark with celebrated past on auction block Tuesday  Morning Call

With a record number of bidders, CBRS auction estimates rise to $10B - Light Reading
With a record number of bidders, CBRS auction estimates rise to $10B  Light Reading

2 Rutherford County-owned buildings on Murfreesboro square to go up for auction - Daily News Journal
2 Rutherford County-owned buildings on Murfreesboro square to go up for auction  Daily News Journal

Art Auction or Game Show? Sotheby’s Tries Something New - The New York Times
Art Auction or Game Show? Sotheby’s Tries Something New  The New York Times

India ''Good Example'' As Solar Auctions Gain Popularity Amid COVID: UN Chief - NDTV
India ''Good Example'' As Solar Auctions Gain Popularity Amid COVID: UN Chief  NDTV

Putnam County Fair hosts livestock weigh-in ahead of online auction - WCHS-TV8
Putnam County Fair hosts livestock weigh-in ahead of online auction  WCHS-TV8

Judge blocks auction of Abigail Kawananakoa's belongings - Honolulu Star-Advertiser
Judge blocks auction of Abigail Kawananakoa's belongings  Honolulu Star-Advertiser

Extremely Rare Pokemon Card Sells at Auction for $90,000 - GameRant
Extremely Rare Pokemon Card Sells at Auction for $90,000  GameRant

RTD to host art auction next week; collection includes paintings, sculpture, photographs - Richmond.com
RTD to host art auction next week; collection includes paintings, sculpture, photographs  Richmond.com

UK PPA auction clears 100 MW at GBP50-55/MWh power-only - S&P Global
UK PPA auction clears 100 MW at GBP50-55/MWh power-only  S&P Global

HiBid.com Reports Record Auction Total and Over $32M in Assets Sold Last Week; Coins, Restaurant Equipment & More for Sale in Current Auctions - PRNewswire
HiBid.com Reports Record Auction Total and Over $32M in Assets Sold Last Week; Coins, Restaurant Equipment & More for Sale in Current Auctions  PRNewswire

More good signs for auto auction sales volume - Auto Remarketing
More good signs for auto auction sales volume  Auto Remarketing

What to look out for at Christie''s ONE global auction - Outlook India
What to look out for at Christie''s ONE global auction  Outlook India

Memorabilia, décor and more from Home of the Brave up for auction - Pacific Business News (Honolulu)
Memorabilia, décor and more from Home of the Brave up for auction  Pacific Business News (Honolulu)

GF Police Auction to be held online - knoxradio
GF Police Auction to be held online  knoxradio

Auctions offer companies a reliable way to liquidate assets - Smart Business Network
Auctions offer companies a reliable way to liquidate assets  Smart Business Network

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