eBay Introduces Free Auction Listings and the '3-Cent Store'2010-01-27 09:47 by DanielaTags: eBay
eBay, the world’s largest online marketplace connecting 90 million active buyers and sellers, today announced free auction listings and dramatically reduced listing fees for fixed-priced items in the U.S., making selling on eBay.com simpler than ever for sellers of all sizes. The pricing changes, which take effect March 30, more closely align eBay’s success with its sellers, dramatically lowering – and even eliminating – the upfront costs of selling on eBay. This success-based pricing is similar to changes implemented by eBay in Europe, which has driven strong growth for sellers in markets such as the U.K. and Germany. "Free—and practically free—is great news for anyone wanting to earn extra cash or build a business on eBay," said Lorrie Norrington, president of eBay Marketplaces. "Our new success-based pricing makes eBay more attractive and competitive than ever. We are focused on helping sellers win and giving buyers the best deals online. So whether you want to turn the stuff in your garage into vacation money, become an eBay entrepreneur or scale your business, we are there for you with selling formats, tools and pricing that offer choice and opportunity." Beginning March 30, eBay will offer two pricing packages in the U.S., eliminating listing feed on items with an auction start price of 99 cents or less, allowing sellers to list 100 items a month. EBay would take 9 percent of the final price or $50, whichever is less. For sellers who list items often, new "eBay Stores" tiered subscription rates offer insertion fees as low as 3 cents per listing for 30 days. Read more -here-
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