From time to time I sell things on eBay. Sometimes I get lucky and find that "hot" toy before Christmas and sometimes it is just my extra stuff from the junk drawer.
My current eBay ID has been active for about 8 years. I have to say that it is a lot easier to list items in an eBay auction now than it was 8 years ago. Now, combined with PayPal, it is simple to list and close an eBay auction.
I am no Power Seller but I still dream of finding that perfect item to auction off on eBay. You know, that item that is virtually 100% profit and sells itself. The one I can list over and over and then sit back and watch my PayPal account fill up. I could truly say that I make a living on eBay (or at least say that I make money on eBay).
One thing that has always puzzled me is the amount of money I pay to eBay and PayPal in the form of insertion fees, listing fees, final value fees and transaction fees. EBay has a listing of their fees on their website but it is difficult to find and I doubt anyone really looks at it before they list an auction.
My question is, "After I buy the item to sell and pay all the fees involved, am I going to make any money?"
My solution was to sit down and create a calculator that computes all the pre and post auction fees from eBay and PayPal at one time. Now, I can estimate my fees before the auction starts and decide if I will make a profit after everyone has taken their share.
I posted the calculator on my website for anyone to use. It is completely free. I made it, I own it and I never collect and email addresses or other personal information when you use my calculators.
You can see the eBay and PayPal Fees Calculator at: www.EasyWebCalculators.com
Do you have a success story from eBay?
Saturday, February 16, 2008
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