Monday, February 18, 2008

eBay Strike February 18th-25th

It seems like I am gone for a few short weeks, having a baby, and when I get back I find out about this! I think I must be the last person to know about it! The funny thing is I just took pictures of some sets to list, and right when I get on the computer to upload the pictures is when I see all the emails about the strike.

If you want more information about the strike CLICK HERE.

What does the strike include? No Buying, No Listing, No Selling, No Bidding...Basically No Activity on the dates above. Why? Here are a few reasons I had emailed to me:

First, they are raising the Final Value Fee by as much as 33%-66%, depending on what your item ends up selling for.

Second, they are doing away with the current feedback system. They are only going to let customers leave feedback for the seller. As you can see it would be very easy to ruin a sellers reputation with this kind of feedback system, especially if another seller wanted to get rid of some competition.

Third, if a seller has less then a 95% satisfaction rating on eBay, eBay will not display your auctions in the search engine. That means that you can pay eBay all their fees, and your item will be on page 100 where no one will probably come across it unless they are browsing through every page of, let's say, "custom boutique". Plus, getting a 95% satisfaction rating will be much more likely for sellers because of the second reason above.

Forth, PayPal is making a change, too. If you have less then 100 feedback, and you sell something that is paid for with PayPal, they will hold the money for 21 days. So you are expected to ship the item, basically free, and hope that the money comes through. Also, if you have that 95% or lower rating, this also applies to you. You will not see a cent of your money for 3 weeks after the item is sold. You can see how this may effect sellers that need to sell on eBay as an income.

This is most the information I have on the strike, and at this moment I am supporting it.

6 comments:

hoganfe said...

Thank you Michelle for mentioning our blackout!

Stop by my store on etsy - hoganfe
Mary
hoganfe handbags

Ivan said...
This comment has been removed by a blog administrator.
Mogul said...
This comment has been removed by a blog administrator.
Kazahn said...
This comment has been removed by a blog administrator.
Akicage said...
This comment has been removed by a blog administrator.
Kazahn said...
This comment has been removed by a blog administrator.