http://pages.ebay.com/seller-center/seller-updates/2017spring/

Still reading through it - But it isn't looking good.

TRS discounts (20%) have been slashed in half (will now be 10%).

Edited February 28, 20178 yr by KShine

9 minutes ago, KShine said:

http://pages.ebay.com/seller-center/seller-updates/2017spring/

Still reading through it - But it isn't looking good. 

I'm going to go tin-foil hat here, but eBay and PayPal are both being sued in a class-action lawsuit for violating securities law.  Possible connection?

MAYBE!

39 minutes ago, KShine said:

http://pages.ebay.com/seller-center/seller-updates/2017spring/

Still reading through it - But it isn't looking good.

TRS discounts have been slashed in half.

Oh god. I saw this message but haven't read through it.

this is is ridiculous

 

2 minutes ago, glostik said:

this is is ridiculous

Care to elaborate?  Or anyone else want to provide a quick summary of what "sucks"?  Thanks

Edited February 28, 20178 yr by LegoMan1212

The most important stuff for TRS:

eBay Top Rated Seller changes

We’re making changes to the eBay Top Rated Seller program to better meet buyer expectations and retail standards.

• The Top Rated Plus final value fee discount will change from 20% to 10% on qualifying listings on May 1, 2017.
• All Top Rated Sellers are eligible to receive a quarterly $30 credit to create promoted listings campaigns on April 1, 2017, whether or not you subscribe to an eBay Store. This valuable credit can be used to advertise your listings across eBay, now in more places on many of our most viewed pages. Anchor Store subscribers currently receive a quarterly $25 Promoted Listings credit.
• The tracking requirement to qualify for Top Rated Seller status will increase from 90% to 95% on June 20, 2017. Top Rated Sellers will be required to upload valid shipment tracking within your promised handling time for at least 95% of your transactions with US buyers in the last 3 months.

Below standard changes

Final value fees for sellers who do not meet eBay’s minimum performance standards will increase by 4 percentage points on items sold on or after May 1, 2017. To make sure you’re meeting eBay’s minimum selling requirements, follow our selling best practices and check your seller dashboardregularly.

Massive fee hike for eBay business sellers in the UK, they've pissed me right off!

This is likely directly related to all the "it looks too good to be true but let's just buy it because EBay has my back" purchases people are making.

4 minutes ago, Phil B said:

This is likely directly related to all the "it looks too good to be true but let's just buy it because EBay has my back" purchases people are making.

The stock has been at a 52 week high recently - So I think it is more directly related to the "more $ for ebay is more $ for ebay" theory.

1 minute ago, KShine said:

The stock has been at a 52 week high recently - So I think it is more directly related to the "more $ for ebay is more $ for ebay" theory.

Can't fault that logic.

1 minute ago, KShine said:

The stock has been at a 52 week high recently - So I think it is more directly related to the "more $ for ebay is more $ for ebay" theory.

A company does not have to be profitable to attract investments (public stock or venture). See Tesla or Uber (especially the latter ).

It won't be long before we see a 20% FVF at this rate. I remember the "glory days" of 5.25% FVF and I thought that was a piss-take. I think (and hope) that there'll be a massive backlash over this. I've now removed the following statement from my current listings:

"Please do not contact me to offer any deals outside of eBay as it's against their rules and transactions will not be protected."

If I now get an offer out of eBay from a buyer with a good history, I'll be accepting it.

The time will soon be here when eBay will be making more profit than the seller... THIS IS TOTALLY UNACCEPTABLE !!!

10 minutes ago, Phil B said:

A company does not have to be profitable to attract investments (public stock or venture). See Tesla or Uber (especially the latter ).

It helps and certainly becomes a requirement for a more established company with no lofty aims. eBay is ANCIENT compared to Tesla and Uber.

So private sellers will still get discounted FVF every month that always dip the prices of the larger sets, whilst the business sellers pay for it. Absolute joke.

I'm glad i'm a small timer that can spread the load across 3 private accounts, as Tabby says, the HMRC don't care as long as it's declared.

1 hour ago, KShine said:

http://pages.ebay.com/seller-center/seller-updates/2017spring/

Still reading through it - But it isn't looking good.

TRS discounts (20%) have been slashed in half (will now be 10%).

TRS+ is officially not worth the extra craps you have to live with to get the discount

Ooo we are removing 3rd party ads. The question is, why the f--- did you have them to begin with ????

What a crappy day.  First IDEAS and now this. My daily Kmart delivery is guaranteed to be in a plastic bag today.

So, as a current Above Standard Seller for eBay, it seems that I should keep on moving along?  Hmm. I can work with that.

4 minutes ago, lazuli16 said:

What a crappy day.  First IDEAS and now this. My daily Kmart delivery is guaranteed to be in a plastic bag today.

 

53 minutes ago, John82 said:

So private sellers will still get discounted FVF every month that always dip the prices of the larger sets, whilst the business sellers pay for it. Absolute joke.

I'm glad i'm a small timer that can spread the load across 3 private accounts, as Tabby says, the HMRC don't care as long as it's declared.

I had no choice to "downgrade" to a business account as I'd have been banned within 30 days. However, I was posting 250 items a month.

Can someone un-abbreviate FVF for me?  Thanks (sorry haven't picked up all the lingo yet)

Final value fee

My initial reaction is to just say F-it and liquidate the last of my inventory before the end of April.

But I don't think the impact will be all that bad.

1. I've got a 100% "timely tracking upload" metric over my past 642 transactions, so that threshold going from 90% to 95% is a non-factor. I gotta believe I'm hardly alone in that (notwithstanding those with defunct USPS offices).

2. I need to double check the math, but the FVF discount going from 20% to 10% isn't as much a fee hike as it sounds - basically the fees will be going from like 8% to 9% as a result.

If anything I'll probably just tighten down my quantity of listings, and cancel the "store" subscription, since it appears there's not as much incentive for that anymore...

5 minutes ago, AirborneAFOL said:

2. I need to double check the math, but the FVF discount going from 20% to 10% isn't as much a fee hike as it sounds - basically the fees will be going from like 8% to 9% as a result.

That really depends on how much you sell.

That really depends on how much you sell.

No doubt it adds up. Just pointing out the 10% discount reduction only translates to around a 1% fee hike. It's not like fees are going up 10%.

10 minutes ago, AirborneAFOL said:

No doubt it adds up. Just pointing out the 10% discount reduction only translates to around a 1% fee hike. It's not like fees are going up 10%.

A 1%-point fee hike. Fees are going up 12.5% (8% of $100 = $8, 9% of $100 = $9, a 12.5% increase in fee paid).

I know, maffemattics, its harrrd.

Edited February 28, 20178 yr by Phil B