Friday, January 14, 2005
Hey, I Think I Just Got Fingered By eBay
Online auction site eBay recently notified sellers that they plan to increase their prices, effective February 18. Hardest hit are those who run eBay Stores, with commission fees rising 65% and store subscriptions getting bumped up 60%. Regular auction listing commissions will stay the same, but some "extras" will also go up. Last year, eBay's net revenue increased 64% to $142.5 million, fueled mostly by the efforts of small businesses who use the auction site as their primary sales vehicle. Many are seeing the recent fee increases as the business equivalent of a complete proctological exam. Source
