By Robin Wauters
eBay (EBAY) Tuesday morning announced that it will
introduce free auction listings and reduced listing
fees for fixed-priced items in the U.S., starting
March 30.
The e-commerce giant says the success-based
pricing is similar to changes implemented by eBay
in Europe, changes that have self-reportedly driven
strong growth for sellers in markets such as the
U.K. and Germany.
Beginning March 30, eBay will offer two pricing
packages in the United States:
eBay Everyday rates
Auction-style listings with a start price of 99
cents or less will be free (with no insertion fees
for up to 100 listings per month).
When an item sells, the seller will pay a flat
final value fee of 9 percent of the sale price
and never more than $50. If an item doesnt sell,
the seller pays nothing. eBay says these listings
are typically are the ideal format for people who
sell on the site occasionally.
eBay Stores subscription rates
For large volume sellers, eBay is to introduce
insertion fees as low as 3 cents per listing for 30
daysa 90 percent reduction over current rates
according to the company.
Subscription rates offer various pricing options,
depending on the size of a sellers business. With
the new pricing, a seller with 250 listings per
month would save $80 or $960 a year in insertion
fees, eBay says. With these changes, eBays current
store inventory format will be discontinued and
will no longer have separate search functionality
from core fixed-price listings. With the new eBay
Stores rate package, all fixed priced inventory on
eBay will have exposure through eBays main search
functionality.
Sellers who want to determine which pricing option
will work best for their listings when the changes
take place in March can use eBays Fee Illustrator:
Along with the pricing changes, eBay announced
that, effective today, it is expanding to all
buyers its eBay Buyer Protection, which the company
has been piloting over the past year. The program
was first introduced in October 2009 and helps
buyers identify sellers who consistently provide
great service (as rated by other buyers).
Through the program, buyers will have access to
customer support specialists seven days a week, as
well as a money-back offer for most purchases
should a problem arise and the seller is unable to
resolve the issue. eBay Buyer Protection covers
items paid with PayPal or any other approved
payment method.