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eBay to raise listing fees
eBay on Monday said it has plans to raise the fee it charges to list the most expensive items on its site by as much as 45 percent.
[blockquote]The fee increase, which was accompanied by a pledge to credit sellers for listing fees when initial winning bidders fail to pay, underscores eBay's powerful position in online auctions, one analyst said.
"Prices are something that we constantly evaluate. It came time to do it," eBay spokesman Hani Durzy said. Past fee increases have not disrupted the upward trend of gross merchandise sales, or the total value of goods sold at eBay, he said.
San Jose, Calif.-based eBay also on Monday unveiled the new fee schedule for its main auction site and its specialty site, eBay Motors. The changes, which include a price cut on promotional placement, will go into effect in the coming weeks.
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[link=http://news.com.com/2100-1038_3-5135465.html?tag=nefd_top]The full report[/link]
[blockquote]The fee increase, which was accompanied by a pledge to credit sellers for listing fees when initial winning bidders fail to pay, underscores eBay's powerful position in online auctions, one analyst said.
"Prices are something that we constantly evaluate. It came time to do it," eBay spokesman Hani Durzy said. Past fee increases have not disrupted the upward trend of gross merchandise sales, or the total value of goods sold at eBay, he said.
San Jose, Calif.-based eBay also on Monday unveiled the new fee schedule for its main auction site and its specialty site, eBay Motors. The changes, which include a price cut on promotional placement, will go into effect in the coming weeks.
[/blockquote]
[link=http://news.com.com/2100-1038_3-5135465.html?tag=nefd_top]The full report[/link]
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