Sunday, July 6, 2008

Money & Business

USN Current Issue

Boycotting eBay? Here Are Three Alternatives

Users protesting fee changes need not stop selling altogether

Posted February 11, 2008

After eBay announced pricing changes that translate into higher fees for items that sell but lower fees for those that don't, heavy users of the site quickly expressed their frustration.

"The [commission on sales] went up, way up. The five cents I will save on listing, which I pay whether the item sells or not, is not going to help at all," says Ann Harper, who sells 10 to 25 items per week from her home in Abbot Village, Maine. The changes also include getting rid of negative feedback for buyers, which sellers say creates an unfair, one-way relationship between buyers and sellers. Harper is participating in this week's boycott of the site, which sellers have organized to protest the changes.

But even those joining in the boycott need not lock up their (virtual) shops. "People are making sales on the alternative sites," says Bob Lee, founder of Power Sellers Unite. Here are three popular online alternatives and their fee structures:

1) Amazon Marketplace lets sellers list items that are already for sale through the website, such as books, DVDs, and household items. The fact that most items are already listed makes it easier for sellers, because they don't need to take their own photos or enter their own product descriptions. Amazon charges no fees unless products sell. Commission and closing fees vary by item. Books, for example, carry a 15 percent commission rate plus $2.35 in other fees.
Best for: casual sellers looking to unload old CD collections or slightly used books.

2) Bidville attracts all kinds of sellers, from those selling vintage Beanie Babies to cars to jewelry. It charges no listing fee for unsuccessful sales, and sellers pay 5 percent on items under $25 and between 1 and 2.5 percent on more expensive items, plus a low flat fee. Overstock Auctions offers a similar interface and fee structure.
Best for: sellers seeking an eBay-like experience.

3) Etsy.com features handmade products, including bath products, earrings, sweaters, and woodwork. Pomegranate soap goes for $4, and a pink and brown vintage apron for $24. Etsy.com charges 20 cents to list an item and a 3.5 percent flat sales fee, which means a $20 item will carry a 90 cent fee, excluding shipping costs.
Best for: crafty individuals looking to make money from their creations.

advertisement

advertisement

Money Saving Tips

Tips for Saving Money USN&WR

Smart Money-Saving Tips You Need Now

Saving money, especially in tough times, goes far beyond cutting out luxuries. Visit our Money Saving Center for strategies on budgeting for travel, education, food, and entertainment.

20-Something Guide

Financial planning for twenty somethings

The Guide to Being a Grown-Up: 20-Something Financial Advice

Figuring out your finances doesn't have to be tough for 20-somethings. Learn more about careers, budgeting, investing, and paying off your debt.

NEWSLETTER

Sign up today for the latest headlines from U.S. News & World Report delivered to you free.

RSS FEEDS

Personalize your U.S. News with our feeds of blogs and breaking news headlines.

U.S. NEWS MOBILE

U.S. News daily briefings are also available on your mobile device.

advertisement

Best Places to Retire

America's Best Places to Retire (Charlie Archambault for USN&WR)

See America's Best Places to Retire

Retirement may be a ways away. But that doesn't mean you can't think about where you might spend your golden years.

Reader Photos

Check out our readers' favorite retirement spots here. Have a photo of a retirement spot you'd like to share? Send it to retirementphotos@usnews.com

Suggest a Spot

From California to the Carolinas, where do you think you'll retire? What cities should have been on our list?

Get Stock Quotes

Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.