eBay Spring 2021 Update - Fee Increases
eBay released their Spring 2021 Seller Update yesterday and the big news is many sellers will be facing final value fee increases. These changes will be effective for any items sold on or after April 1st, 2021 (nice April Fool’s Day gesture).
eBay provided links to the current fees and the new fees, but many sellers were left wondering if there was an easy way to compare the changes.
With Managed Payments, eBay applies the Final Value Fee to the total of the order, including shipping and sales tax. There is also a $.030 per transaction fee.
To calculate your total FVF fee - (item price+shipping+sales tax) * FVF = variable fee
The variable fee + fixed fee of $0.30 per transaction = total FVF
Managed Payments Sellers With No Store or A Starter Store
Most sellers with no store or a starter store will see a 0.20% FVF increase except in limited categories like coins & bullion, jewelry & watches, select business & industrial categories, guitars & basses, trading cards, toys & hobby, and select clothing & shoes.
Basic, Premium, Anchor, & Enterprise Stores On Managed Payments
Sellers with basic through enterprise level stores will also see a 0.20% increase in many categories. The lucky few appear to be some of eBay’s current favorites, including watches, sports cards, sneakers, and some musical instruments and gear.
It’s interesting to note that many of these are verticals where eBay gave up ground to the competition, a la Scott Cutler sneaking sneakers out from under eBay when he left for StockX.
It looks to me like eBay is trying to buy back key pieces of market share, tightening the screws on sellers in other verticals to pay for past eBay leadership mistakes.
