In a transfer that matches Vinted, eBay has eliminated its charges for sellers

It’s now free for personal sellers (that’s the likes of you and me), to promote on eBay within the UK. Having already dropped the charges for trend listings earlier within the yr, they’ve now prolonged that to incorporate nearly every part. Right here’s every part you could know.

Some articles on the positioning include affiliate hyperlinks, which give a small fee to assist fund our work. Nevertheless, they received’t have an effect on the worth you pay or our editorial independence. Read more here.

What’s altering on eBay?

From 1 October 2024, once you promote with eBay, you’ll not pay closing worth charges. The extra ‘regulatory working price’ they launched simply final April can be gone. 

The one exceptions are automobiles, motorbikes and autos the place there’ll nonetheless be charges for sellers.

When the net big scrapped these in Germany final yr, not solely did they appeal to new sellers to the positioning, but it surely additionally introduced in additional consumers. Dropping the prices for trend merchandise within the UK earlier this yr has additionally seen will increase to listings and gross sales.

In addition to eradicating the promoting charges, eBay has additionally been making modifications to the supply choices – comparable to what’s supplied on Vinted the place the customer prepays for a safe, tracked supply.

Moreover, they declare to have streamlined the gathering course of when shopping for off native sellers, probably making it a safer platform to purchase and promote on than Fb Market, since there aren’t any money funds to deal with.

Additionally altering from 16 October 2024, your eBay earnings will seem in your stability, slightly than being paid straight into your checking account. From there you should utilize the money to make a purchase order, pay to advertise any objects you might be promoting or just withdraw to your checking account – once more, similar to the providing from rival, Vinted.

Is it actually free to promote on eBay?

Nicely, sure and no. Regular, non-commercial, sellers will proceed to get 300 free listings every month with no promoting charges. You’ll solely must pay in the event you go over that restrict, so it’s basically free to promote your objects on eBay. In case you do listing extra, then it’s a 35p promoting price for each.

What different charges does eBay cost?

Nevertheless, eBay does cost non-compulsory further charges, do you have to want to benefit from them. There are for further providers supplied by eBay, for instance to advertise your product or to set a reserve value.

They’re primarily methods to make your itemizing stand out over options. In case you want to use them, we’ve summarised the extra prices within the desk beneath.

Non-compulsory service Worth per itemizing
Reserve value 4% of reserve value (max £150)
Extra textual content (subtitle) £2
Bigger photos (Gallery Plus) £2.50
Record in an extra class 35p
Promote your itemizing You’ll both choose a selected proportion after your itemizing sells or pay an upfront, flat price.
Particular length (1 or 3 day) 35p
Worldwide visibility 30p for a hard and fast value itemizing or for auctions, the price depends upon the beginning value:
5p for begin value lower than £5, 10p for begin value from £5 to £29.99, 15p for begin value of £30 or extra
(you’ll additionally pay and worldwide price of three% if it finally ends up promoting internationally)

What do the modifications imply for sellers?

It’s actually excellent news for sellers. So long as you don’t pay for any further providers, you’ll earn more money out of your gross sales than you’ll have final month.

For instance, I offered a play mat for a closing worth of £15 in an public sale on eBay in September, but after charges of 10.67% of the ultimate value together with postage in addition to the regulatory price, plus VAT on these charges, I pocketed simply £12.28. 

Now if I used to be to listing the identical merchandise and get a closing sale of £15 this month, I’d not be paying the promoting price and regulatory price to eBay or the VAT on these charges and due to this fact, would get the complete £15, which might be an additional £2.72 in my pocket. And the extra I promote, the extra I’ll get to maintain of the ultimate costs.

Plus, this modification may imply your objects go for more money or promote sooner than in the event you’d put them on Vinted or different providers. eBay has far more customers than it’s rivals – there are at the moment 22 million energetic customers within the UK.

What does it imply for consumers?

For consumers, it’s additionally excellent news as you would possibly see sellers scale back costs or be extra keen to simply accept decrease gives and bids as they’ll be getting the complete minimize of what you spend.

However a warning. There’s an opportunity that further charges could also be launched sooner or later, such as you discover with Vinted and Depop. Rumours are circulating that this consumers price will come into fruition subsequent yr. If we hear something, we’ll replace you right here, however for now the customer simply pays the agreed value plus the postage price.