| Lately, if you haven't been paying attention there's Ex | | | | should be doing). |
| eBay sellers complaining about fee hikes and how | | | | There's also many other ways to squeeze more |
| eBay is a huge mess. Let me tell you a few things. | | | | money out of every sale, many ways most people |
| Yes, while some of the fees have been increased | | | | who leave eBay due to fee hikes probably were not |
| quite a bit there's so many things you can do to | | | | doing. |
| counteract them and actually make more money. | | | | A lot of businesses, in fact most successful |
| First, by increasing cost a lot of people throw their | | | | businesses in todays world make very little, nothing or |
| hands in the air and give up, immediately reducing | | | | lose money to obtain a customer because they know |
| competition. | | | | the lifetime value of the customer far exceeds the |
| Fees are a part of business, if you were to setup | | | | initial cost of obtain one. |
| shop in your town selling things, you'd find out real fast, | | | | A happy customer may come back and buy many |
| Rent and Utilities have to be paid if you're selling | | | | many times from you in the future, making losing that |
| anything or not, and you're going to need inventory. On | | | | $10 nothing in reality. That's one reason why I |
| eBay, this isn't needed, if you do your homework and | | | | encourage people to sell consumable products. |
| make sure what you sell is selling successfully, then | | | | Something people will continue to buy on a regular |
| you just increased the chances to make a sale | | | | basis like Diet Pills, Office supplies, Shipping materials, |
| substantially in your favor. | | | | DVD's etc. |
| Secondly, for a while selling on eBay was so cheap it | | | | People who buy these types of things come back |
| wasn't funny, in fact it was almost a free ride. | | | | again and again, it should come as no surprise that |
| Compared to how other online advertising costs such | | | | "antique" sellers make up a large portion of the sellers |
| as PPC have gone up 1,000% or more in some cases, | | | | who complain (and rightfully so because of their |
| these fee hikes are peanuts. | | | | business model) about the fee increases. |
| If you don't have a store and make at least $20 a | | | | Bottom line, you can waste your energy complaining |
| month in profit on eBay it makes sense to setup an | | | | about eBay fees or you can look at your business and |
| eBay store because you'll save 75% of the final value | | | | see how you can squeeze more money out of it, sell |
| fees when you sell store inventory. This makes a lot | | | | more, make more, and be happy. |
| of sense if you sell a lot of the same thing (which you | | | | |