Dropship Mysteries: What Is A Final Value Fee?
- Author Rose Li
- Published August 21, 2010
- Word count 479
If you ever listed or sold anything on eBay, you know that listing fees apply depending on the type of listing you insert, whether the item sells or not, and how much the item sells for.
For those items that actually do sell, a final value fee is charged based on the winning bidder’s amount.
Auction-styled versus fixed priced listings on eBay
For auction-styled listings, the method for calculating final value fees is very simple. Of course, if the item doesn’t sell there is no fee whatsoever.
For all items that sell for one cent or more there is a 9.0% rate of that amount subtracted from the total sales amount. Thankfully, there is a maximum final value fee charge of 50 dollars that can apply to high priced items sold.
As for fixed priced listings, the final value fee has a more complicated structure. Not only does is this fee dependent on the amount the item is sold for, but also what classification this item is sold under: Electronics; Clothing, Shoes & Accessories; Books, DVDs & Movies, Music, Video Games; or All Other Categories.
The pricing structure of final value fees for fixed priced listings is a bit trickier to figure out as well. The three sales proceeds amount groups are from 99 cents to 50 dollars, 50 dollars to 1,000 dollars, and 1,000 dollars and up and the general percentages applied are 8%, 12%, or 15%. Not only are these flat percentages applied, but additional amounts depending on the winning bid. If you want to know the fee your fixed priced listing is subject to see the Final value fees for fixed price format listings table on the eBay site Exceptions to eBay final value fees
There are situations where you won’t be charged this fee providing:
-
No one bids on or purchases your listed item
-
The winning bid is less than your reserve amount
-
Your listing is non-binding real estate property
-
The item or service you’re trying to sell is listed under the classified ad format
It’s hard not to agree that final value fees can take a bite out of what you earn. These little fees can amount to a significant chunk of change, especially if you sell a big ticket item. There is no way of getting around it if you actually do sell on eBay.
Still, eBay is like the "Yellow Pages" of auction sites and though going to another site may cost less to list and sell your item, not as many people will see it there. Hence, your chances of selling it would be far less than on eBay. Simply, think of the final value fee as an advertising expense.
Even less known auction sites charge final value fees.
Though all auctioning sites operate very much the same, their terms are somewhat different. Before you list on another site, find out what its final value fee is first.
Now you understand how final value fees work discover a dropship supplier that knows everything your customers need and delivers. Visit Chinavasion.com or paste this link into your browser: http://www.chinavasion.com/wholesale-dropship.php
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Why does your business need eCommerce product listing services?
- How Powerful is 20000mAH Power Bank?
- The Future of E-commerce: Trends in Shopify Subscription Boxes for 2024
- Survey Equipment in Australia: Tools for Precision and Efficiency
- The Transformative Impact of ECommerce on the Airfreight Industry
- What is the difference between ebook cover and book cover?
- The Real Reason Why You Need a Professional Website Designer: Hire a Professional Website Designer on Fiverr
- Meet Sellvia, an ecosystem that includes all the ecommerce, and marketing features you need to start, your business.
- Stay Connected with Beeper Pagers: A Timeless Communication Tool
- How to Design Custom Labels for Your E-commerce Store
- Sustainable Lifestyle Through an Online App Platform
- What Shopify developers can do for your e-commerce
- Equinox Gold Mines Gold Directly to Consumers with New E-commerce Platform
- Affordable Government-Accredited Aged Care Courses for Caregivers
- eCommerce Future: Trends to Watch
- Affordable Government-Accredited Aged Care Courses for Caregivers
- Here is a List of Dos and Don'ts if You Wish to Loan Your Car for Cash in Dorset
- Dermatological Solutions!
- The Transformative Power of Yamaigel’s Certified Gel Eye Masks
- MK Web Celebrates Top Position in Bourne's Premier Web Design Rankings
- Leveraging Branding Assets and SEO in Phoenix for Business Growth:
- Strategies for Getting Invited to Amazon Vendor Central
- Accounting Systems in Sri Lanka: A Comprehensive Overview
- InsightLeap: Helping Amazon Vendors Achieve Greater Success
- Choosing The Right Customer Data Platform (CDP) for eCommerce
- The Future of Cryptocurrency in the Nigerian Financial Services System: A 2024 Perspective
- Driving Business Growth With Retail Returns as a DropShipper
- E-Commerce and AI: A Perfect Match - If Done Right
- Investing in Eternity: The Long-Term Value of Buying Diamonds
- Profit-Driven Strategies for Your Magento Eсommerce Website