Before you even start selling on eBay, it’s important to understand the fees involved. In this blog post, we’ll explain how eBay fees work for eBay sellers and help you make informed decisions about the costs of selling on the platform.
Private sellers can list for free on eBay. After you’ve used your monthly allocation of 1,000 free listings (or more if you have an eBay Shop), you’ll be charged 35p for each new listing created.
Final Value Fees
The final value fee is calculated as 12.8% of the total amount of the sale (which includes the item price, postage, taxes and any other applicable fees), plus a fixed charge of 30p per order. If the total amount of the sale is over £5,000 for a single item, you’ll pay 3% for the portion of the sale price above £5,000.
Your final value fees are automatically deducted from your sales proceeds and the rest paid out to your bank account.
When you open an eBay Shop, you’ll choose a Shop package: Basic, Featured or Anchor. Store subscriptions allow eBay sellers to list more items, access more marketing tools, and receive discounted fees. The package that’s right for you will depend on the volume you sell and how you plan to grow your business.
The fees for shop subscriptions range from £27 to £437 per month, depending on the level of service desired.
Optional Listing Fees
Whether you’re a private seller or a business seller, you can choose to upgrade your listings with enhanced features, such as bold text, larger images, and additional keywords. Certain features, like adding a subtitle, do incur an additional fee, but these optional listing upgrades can help your listing stand out and attract more buyers. The fees for enhanced listings vary depending on the type of enhancement and the length of the listing.
Final Value Fees
You pay one final value fee for items you sell on eBay and you don’t have to worry about third party payment processing fees.
The final value fee is calculated as a variable percentage of the total amount of the sale (which includes the item price, postage, taxes and any other applicable fees), plus a fixed charge of 30p per order. An order is defined as any number of items purchased by the same buyer at checkout with the same shipment method. Your final value fees are automatically deducted from your sales proceeds and the rest paid out to your bank account.
Get a Clear View of Your Sales Data
eBay fees can be a significant cost for eBay sellers. Understanding the fees involved and how they work can help you make informed decisions, better manage your expenses and grow your business. The Reports module of our accounting integration software focuses on the sales data and provides easily accessible sales metrics on turnover, unit sales, products, fees, marketplaces and regions/countries. This can help you get a clear view on your expenses.
Arrange a callback with our expert team to learn how you can keep on top of your eBay sales and VAT, accounts, order management and stock control.