What is the eBay final value fee? What are Insertion Fees?

What is the eBay final value fee? What are Insertion Fees? If you want to sell products on eBay in 2023, you aren’t alone. eBay has millions of sellers all willing to put up with the fees for selling that eBay offers. But how much does it cost to sell on eBay?

eBay sellers pay an average of 10% of their product’s value. The cost changes depending on the value of the sale and the product category.

When it comes to using eBay’s platform, understanding how much they take is essential to know you will make a profit. So if you want the ultimate breakdown on eBay fees for selling, keep reading.

What is the eBay final value fee?

An eBay final value fee is the charge that occurs when you sell something on eBay. It’s applied right at the end of the transaction, or “post-sale”.

eBay final value fees are based on a percentage of the price an item sells for and the shipping and handling option your buyer chooses.

They are also charged even if a buyer doesn’t complete the sale, but in these cases, the fee is sometimes refundable.

Your eBay final value fee can depend on which eBay website your items are listed on. For example, the final value fee could be higher on ebay.com compared to ebay.ca or ebay.co.uk.

Other affecting factors include:

  • eBay subscription model
  • Business account type
  • Category of item

the eBay final value fee

What are Insertion Fees?

An insertion fee is a cost you need to pay to have your item listed. It costs 0.35 cents per listing. These costs are non-refundable regardless of whether your item sells.

READ  How to sell books on eBay? What is this sell books on eBay?

If your product is in multiple categories, you will need to pay a new fee per category. If your listing has various items (and one type), you only receive one charge. If you create duplicate listings, you will need to pay for each one.

eBay will not charge you an insertion fee if you list fewer than 250 items per month. If you have an eBay Store, this allotment is larger. Both businesses and individuals are required to pay insertion fees after they exceed their monthly allowance.

Insertions Fees Specific To Car Sellers

Those who sell cars and trucks have a more significant insertion fee of $50. Motorcycle and boat sellers need to pay $20.

Automobile sellers can purchaseadditional listing enhancers that include the following:

  • Bold title: $5.
  • A 10 or 30-day listing duration: $18 to $50.
  • Buy It Now option to Auction Listing: $10.
  • Gallery plus (improved images): $5.
  • Additional photos: $0.15 per photo (up to 12), $4 total (up to 24 photos).
  • Listing designer exclusive to selling manager pro subscribers: $5.
  • Reserve price (up to $75 thousand): $49 ($99 if beyond $75 thousand).
  • Subtitle: $5.
  • Subtitle/ Gallery Plus/ Listing Designer (otherwise known as the value pack): $7.

What are Final Value Fees?

Final value fees are the portion that eBay takes out upon the sale of an item. Typically, this is 0.30 cents and anywhere from 0.50 and 15% of an item’s value.

How much does eBay take from a sale? Here is a breakdown of final value fees of the most common product categories:

  • Electronics or laptops – 12.55%.
  • Sports cards (baseball cards) 12.35%.
  • Most other categories (like Auto) – 12.55%.
  • Books, movies, and music – 15.55%.
  • Musical instruments and gear – free.
  • Some clothing, shoes, and accessories – 15.55% (if product value is less than $100).
  • Business (including industrial equipment – 3% (if product value is less than $15 thousand).
  • NFTs – 5%.
  • Jewelry and watches – 15% (up to $1000), 6.5%, or 3%.
  • Paper money, coins, and bullion – 12.35% (up to $7.5 thousand) or 7%.
READ  What percentage does eBay take? What is this eBay about?

If you sell vehicles and make a deposit, you will need to handle a deposit processing fee of 2.8% of your value and $0.30.

the eBay final value fee

eBay Promoted Listing Fees (Advertising)

The eBay Promoted Listing Standard fee is only charged if someone purchases your product from the promoted listing. The cost is based on current ad rates that depend entirely on your competition for that time.

Ad rates can vary from 2% to 15%, depending on how many other sellers effectively sell what you want to sell.

How Much Does Shipping Cost on eBay?

eBay does not automatically include shipping costs, so you will need to calculate them yourself. Shipping costs might vary depending on your preferred provider.

Here are your options:

  • UPS – UPS has a shipping calculator for people who use their services.
  • USPS – USPS has a shipping calculator as well.
  • FedEx – You can estimate shipping rates using this tool.

If you have a shipping center from any of the above providers, you can get them to estimate your per-package costs. You can typically save money by opening a business account.

eBay Managed Delivery was eBay’s fulfillment program, but it was closed before leaving the pilot stages.

What are eBay’s International Fees?

eBay’s international fees add to final value fees and shipping fees that change depending on the country you ship to. If the target address is outside of your registered country, you will need to pay these.

Your international fee will typically be one of the following:

  • India – 1.7%
  • South Korea – 1.45%
  • Japan – 1.35%
  • Europe (Excluding EU) and Other Asia-Pacific Regions – 1.3%
  • New Zealand – 1%
  • Everywhere Else (i.e., Australia) – 1.55%
READ  How to dropship on eBay? What is eBay dropshipping?

If you are not part of the European Union but in Europe, you pay nothing for shipping to the Eurozone or Sweden.

Otherwise, you pay 1.2% for shipping to the UK. You also pay 1.6% for shipping to the US, Canada, and all other European countries. You have a 3.3% rate for all other countries.

If your country is not on this list, check out eBay’s official page.

Receive a List of Profitable Items Tailored to Your Individual Requirements

In order to run a successful Ebay business, you need not only to correctly calculate your fees, but also choose a product that will generate a consistent profit.

Sellerhook provides specialized services to help you optimize your product research process. By utilizing advanced AI algorithms, Sellerhook’s team of researchers conducts comprehensive product research tailored to your specific requirements. As a result, you will receive a product report that includes ideas for items that meet your criteria.

How to Reduce eBay Seller Fees

If you want to reduce your seller fees, here are some quick tips:

Do not exceed the 250 item-per-month limit on your storefront (if possible).

If you plan on regularly exceeding this per-item limit, pay for an eBay subscription.

To determine whether an eBay subscription is worth it, note your difference in the final value fee. Typically, you can save about 3% off the price per item listing.

If you list a large number of smaller products (i.e., collectors tickets, gift cards, stuffed animals), a subscription is almost always worth it.

Try to set up your account with direct deposit (so you can avoid PayPal fees).

the eBay final value fee

Above is information about What is the eBay final value fee? What are Insertion Fees? that we have compiled. Hopefully, through the above content, you have a more detailed understanding of the eBay final value fee. Thank you for reading our post.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *