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Business

eBay selling fees are scrapped to boost to reselling

A file exterior view dated 11 January 2013 showing the eBay Corporate Headquarters in San Jose, California, USA (reissued 03 February 2021). Ebay will publish their 4th quarter 2020 results on 03 February 202 EPA-EFE/JOHN G. MABANGLO

eBay has scrapped fees for private sellers across most categories.

The online marketplace, which had already removed such fees for fashion earlier this year amid increasing competition from rival sites such as Depop and Vinted, said the move should boost reselling and the customer experience at the same time.

It means sellers no longer have to pay final value or regulatory operating fees on items except for cars, motorcycles, and other vehicles on the platform.

However, buyers are set to face a charge. How it will be applied is yet to be determined though it will take effect early next year, the company said.

The site, which trails only Amazon in terms of customer visits in the UK, was under pressure to introduce the change as Facebook Marketplace and Vinted are among competitors which don’t charge people to sell.

eBay said the removal of seller fees for fashion in April had already led to a double-digit increase in listings for popular items such as jeans, shirts, and dresses, while keeping items out of landfill.

It said the removal of fees across its German website last year had led to a doubling in new seller numbers.

A survey for the company, carried out in August, found that 56% of people in the UK sell items they no longer use to make money, with 23% selling products to fund new items.

Filed under Business
Topics eBay

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