eBay just announced that seller fees will be going up again, effective August 22nd, 2006.
It is likely no coincidence that on the same day, eBay reported a 14% decline in quarterly revenue.
eBay's answer to the dip in revenue?
Raise Fees and stick it to the sellers who are already fed up with eBay's virtual doubling of it's fees over the last two years.
eBay President of North America, Bill Cobb had this to say:
I'm confident the actions we're taking are the right thing to do for the overall eBay Community. We'll more effectively deliver on our buyers' needs and expectations. And for sellers, these changes will ensure that eBay remains a differentiated and distinct e-commerce channel with fast inventory turnover.
Can Mr. Cobb lay it on any thicker? Another raise in fees is not better for the community. It is a band-aid on the drop in revenue more than likely due to the huge drop in traffic on eBay over the six months.
Here is a run-down of the new fees:
These Store Inventory format insertion fees take effect Aug. 22, 2006:
| Starting Price | New Insertion Fee | Current Fee |
| $0.01 – 24.99 | 5¢ | 2¢ |
$25.00 – and higher |
10¢ | 2¢ |
Some Store Inventory format final value fees also will increase, effective Aug. 22, 2006:
| Selling Price | New Final Value Fee | Current Fee |
| $0.01 – 25.00 | 10% | 8% |
$25.01 – 100.00 |
7% | 5% |
| $100.01 – 1,000.00 | 5% (no change) | 5% |
| $1,000.01 and higher | 3% (no change) | 3% |
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