Finally Ebay Is Going Over The Cliff

Your opinions are well founded

In general though I feel it is the decline in the economy and people not having money to spend on non essential items that is the fundamental and underlying reasoning behind this

ebay sellers are faced with 2 dilemmas - greater cost to sell through ebay & consumers spending less to buy coins

ebay do not make money from buyers so increasing costs on sellers is a natural model they would adopt to maximise profits - but there are a vast amount of products being sold on ebay, not just coins, so I don't see they will ever change this

I do also agree with your statements about RAM - they have alienated even hard core collectors - it is not just the volume of coins release but also their price - a good example is silver coins - RAM have barely adjusted price even when silver halved in price making their items over priced. The Perth Mint also falls into this category but to a less extent. The profits of RAM are falling so they are throwing more and more product on collectors to prop themselves up but I feel they are setting themselves up for the fall

cant wait for the cliff fall so many fees now

I'd like to refresh every sellers', either past and/or current and those interested, memories of how ebay has, in a matter of only some 3 years or thereabouts, has gradually increased their pickpocketing of sellers. Correct me if I'm mistaken with the below details -

Once upon a time some 3 years ago ebay's fees were -

Listings - $0.01c to $0.99 = 30c

$1.00 to $19.99 = 50c

$20.00 to $49.99 = 75c

$50.00 to $99.99 = $1.50

$100.00 - $399.99 = $2.50

Final Value Fees -

Up to $75.00 5.25%

Over $75.00 2.75%

A few years ago we were also regularly offered up to 100 Free auctions which had to start at $0.99c

The fees now look something like this -

( Please Note : there are NO useful segmented listing or pricing choices like above, just the one sudden death choice ? for sellers )

Listings for up to $100 = $1.50

Final Value Fee to $100 = 9.9%

PLUS a FVF on postage = 9.9% ( I still think this is illegal )

I don't think ebay's offer of up to 40 Free listings per month is of any great benefit to many, althought there is a way to " work " the system.

The Great Con that Paypal really is is another matter.

Would anyone like to share their views with us all from the 2 sets of figures above on how ebay has treated sellers at the expense of their margins. We need to keep in mind that the items we list would have cost us something in the first place.

Lets not forget that the major auction houses have also recently lifted their buyers premiums from 15% to almost 20%. Indirectly that will also affect the sellers.

ebay has virtually a monopoly on consumer sales and auctions which is why most sellers still use it. It is the way to access the most potential buyers and it is still cheaper than major auction houses.

You slept during math class didn't you?

They have to do a billion a year for 1,000 years to even reach ONE trillion let alone "multi" trillion.

If you consider gross income of 10.7 billion in 2013, in would take 93.4 years to make one trillion in gross income.

MobofRoos

Only a very very small minority ever use auctions houses. They don't have the immediacy which ebay, the fabulous FREE of any FEES Australian " quicksales.com.au "( previously Oztion), and the many rapidly growing internet sales sites popping up in many countries.
ebay was the trailblazer who introduced us all to the world of internet online shopping for anything and everything - you name it, they had 1000's of each item in size, colour, brand, etc.
ebay's monopoly and income growth began to decline some 3 years ago, thus their desperate fees increases. ( I wrote the example of ebay fees of today and what they were 3 years ago in an earlier post )
Because of the APPs revolution very much upon us, we don't have to use ebay, as we once did, for 1000's of different items any more. If you want a shirt you can Google " Myer" or just click eg the Myer APP, or BigW, anything electonic, etc, Dick Smith or Harvey Norman, etc and brouse for whenever you want, as you could with ebay.
Therein lays the problem ebay has - APPs. This is the reason why ebay is becoming like a Black and White TV - great until Colour TV came along.

Because ebay was looking at their great success of the past through a rear vision mirror, they forgot to consider their ONE most important asset - their sellers, without whom there wouldn't be any buyers.
So instead of nurturing and walking in unison for mutual benefit with the sellers ( worldwide ) they took the short term option for maintaining their obviously declining bottom line, and increased all the fees they charged their " bread and butter " income stream - the sellers.

What I would like to see via this highly informative and effective forum, is forum memebers tell one and all Australians about our very own " quicksales.com.au ". If we all work to tell everyone, quicksales.com.au will eventualy have the familiar catchcry that Maccas, Bunnings, Harvey Norman, etc, has.

Yep, the all Australian quicksales.com.au - catchcry ? " Quicky " ...

tella

Gumtree is owned by ebay.

You might like to help spread the word about the excellent Australian owned ALL Fee FREE internet site " quicksales.com.au " through your facebook page.

It's a little quiet on " quicksales " at the moment, because it doesn't, as yet, have enough Austalians aware that it exists. Many sellers, both ex and current ebay sellers, are all there along with others.