Monday, January 15, 2007

eBay ups opening bid

An increase in listing fees on Internet auction site eBay has those who use it regularly concerned over what it's going to mean for their bottom line.
Users recently received an e-mail from Bill Cobb, the San Jose, Calif.-based company's president of North American Marketplaces, outlining the new pricing structure for eBay and eBay Motors.
The changes will add 5 cents to listings for items costing between 99 cents and $9.99, or an increase to 40 cents from 35 cents. This will change final value costs, or the costs the seller pays eBay upon an auction's completion, to 3.25 percent of what the item sells for, up from 3 percent.
Vehicle sales transaction fees, meanwhile, will be raised $10 across the board, to $40 for motorcycles and power sport vehicles, and $50 for cars, trucks and trailers.
The changes will take effect Jan. 30, according to the
e-mail.
Read more http://www.post-trib.com/business/209396,ebay.article

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