eBay's commission is now nearly double what it was just two years ago. File image: AP Source: AP
THE dominant online auction site, eBay, will substantially increase its sales commission from May.
"Final value fees for successfully selling an item will increase to 9.9 per cent,'' eBay said in an email sent to registered users this morning.
The company raised the standard fee to 7.9 per cent only 12 months ago.
The increase should deliver eBay a revenue bonanza as lifting the commission rate from 7.9 per cent to 9.9 per cent is a jump of more than a quarter.
eBay's commission is now nearly double what it was just two years ago.
In 2011 the final value fee was reported to be just 5.25 per cent. However, at that time there were also insertion charges. Now the first 40 are free.
From May this year, eBay will also increase the maximum fee from $100 to $250.
News Limited requested comment from eBay. None has so far been forthcoming.
The new fee structure can be found here.
Will it stop you from selling on eBay? Tell us: john.rolfe@news.com.au
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