$5 eBay Fee Cap – HUGE POTENTIAL!
A couple of months ago I wrote about a really good eBay offer that I didn’t fully appreciate until it was over. During that promotion eBay was offering $5 final value fees on phones. I ended up selling a couple of units for $500 or more. Instead of paying $50 in fees, I only paid $5. That was a huge bonus!
That phone promotion was limited to just five phones, so it had limited potential. Fortunately eBay has sent me a new promotion that is so much better. It is targeted, but I received it on both mine and my wife’s accounts and I think it is worth checking for.
The Promotion
Sellers who activate the offer and then list in the fixed price, auction-style, or auction-style with Buy It Now format, pursuant to the terms and conditions set forth herein, will pay maximum final value fees of $5 per item (“Promotion”) for the first 100 items sold, that were created during the Promotion Period, as defined below. 5-, 7-, 10-, and 30-day listing durations are included. All existing selling limits on your account (as well as category and item limits) still apply, and may prevent you from creating the maximum number of listings in this Promotion. Items listed under this Promotion will not be charged insertion fees and will not affect the seller’s monthly allotment of listings which do not require an insertion fee as part of the everyday rate plan.
An Example
For example, if the total value of an item listed during the Promotion Period is sold for $40, including the shipping cost, $4 in final value fees will apply. If the total value of the item that is sold is $320, the final value fee will be capped at $5 (instead of paying the regular fee of $32).
Analysis & How to Activate
Since this promotion applies to any product being sold and it works for up to 100 items, it can be worth a ton. I can see a lot of value in selling items that cannot be sold as new on Amazon like certain phones and other consumer electronics. In the past I have purchased items on eBay with a 4X or 5X eBay Bucks promotion and then sold them with a discounted selling promotion and done pretty well.
You can find the full details of the offer and see if your account is eligible here.
Conclusion
For anyone who is looking to resell, this $5 fee promotion can be an amazing opportunity. Of course reselling isn’t for everyone and there are definitely hassles involved with reselling on eBay, but you can’t beat a $5 cap, especially on high value items.
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Are promotions like these the reason I sometimes see things sold on ebay for exorbitantly high prices? That is–is someone selling to a friend or relative at an inflated price (so the friend or relative gets ebay bucks and MS) and the seller doesn’t actually send the item?
I think that might happen sometimes. Also, sometimes people in foreign countries buy gift cards that are U.S. issued because they can’t use non-U.S. cards to purchase what they want. iTunes is a good example.
I sold something under this offer and they charged me the full 10%. I called eBay and they gave me the run around and said the cap doesn’t pertain to shipping fees. Really disgusted. The way it’s worded the shipping fee is part of the total value.
I’ve been targeted for a lot of these “selling” offers but I have never sold anything online. I actually only joined eBay and started using it six months ago. So I have no idea how to take advantage of this. Besides I’m in Hawaii so shipping items out is troublesome.
Great deal, if you’re targeted. Unfortunately, both me and my wife got “you must be invited” messages via that link. But thanks for sharing … hopefully next time …