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Mon, 03 Mar 2008
Ebay fees.
Oh really? Is this why eBay's listings were by down 3-4 million listings, the week prior to the boycott? Let's understand the actual amounts of money we are talking here. The lowest insertion fee is .20 and is for items under $1.00. The typical user lists between 24.99-49.99 and $50.00-199.99 which was $1.20 and $2.40. Additionally, eBay has many "extras" that can be added to enhance the visibility of one's auctions. These include extra photos, at .15 per photo, and double category listings, which doubles all the fees including extras, which can double the highest listing fee of $4.80 to 9.60, and all the extra photos, gallery fees, highlight, or even bold lettering. In other words, eBay can make more off all the extras than they do on just the listing fees. Based solely on a very conservative 3 million auctions, and the 1.20 listing fee as an average, NO extras, and not including their commission fees, starting at 5.25% eBay's losses are incredible: $3.6 million PER DAY! Now imagine all the extras and you can see how much damage Donahoe has caused eBay already. Oh, yeah, and let's not forget, he hasn't even taken office yet. Yet, his plans are already costing investors money! And then comes round two.
Posted 13:57

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