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Reading: eBay promoting charges are scrapped to spice up to reselling
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Michigan Post > Blog > Business > eBay promoting charges are scrapped to spice up to reselling
Business

eBay promoting charges are scrapped to spice up to reselling

By Editorial Board Published October 1, 2024 2 Min Read
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eBay promoting charges are scrapped to spice up to reselling

Bosses at eBay have scrapped charges for personal sellers throughout most classes.

The net market, which had already eliminated such charges for trend earlier this yr amid growing competitors from rival websites akin to Depop and Vinted, mentioned the transfer ought to increase reselling and the shopper expertise on the identical time.

It means sellers not should pay closing worth or regulatory working charges on gadgets apart from automobiles, bikes, and different autos on the platform.

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The positioning, which trails solely Amazon by way of buyer visits within the UK, was underneath stress to introduce the change as Fb Market and Vinted are amongst opponents which do not cost individuals to do transactions.

eBay mentioned the elimination of vendor charges for trend in April had already led to a double-digit improve in listings for fashionable gadgets akin to denims, shirts, and clothes, whereas preserving gadgets out of landfill.

It mentioned the elimination of charges throughout its German web site final yr had led to a doubling in new vendor numbers.

A survey for the corporate, carried out in August, discovered that 56% of individuals within the UK promote gadgets they not use to generate profits, with 23% promoting merchandise to fund new gadgets.

The ballot urged an estimated 294 million unused gadgets throughout the UK may generate £9bn in resale earnings.

Kirsty Keoghan, eBay’s UK basic supervisor, mentioned: “eBay is constantly improving the marketplace experience in order to deliver on what our customers want.

“Eradicating promoting charges throughout classes is designed to present patrons entry to higher breadth and depth of stock, whereas making a simplified and streamlined expertise for sellers.”

TAGGED:boosteBayfeesresellingscrappedselling
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