eBay SHOCKS Sellers With ZERO Fees Announcement

  Рет қаралды 16,800

Flipping and Punching

Flipping and Punching

Күн бұрын

Come join Independent Pro Wrestler, "The Scoundrel" Rod Grimes, as he takes you through his reselling journey. In this week's video we talk about Ebay's Big New Annoucement
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Пікірлер: 187
@twylasmom
@twylasmom 2 ай бұрын
My Mercari sales completely tanked when they did this! Even when I put in free shipping it still didn't help. In my opinion I kind of hope they don't do it.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It’s going to be interesting to see what happens. I’m intrigued to see the results from the uk in 3-6 months. It sounds like they had good results when they did this in the clothing category.
@matt33hall
@matt33hall 2 ай бұрын
Same with mine. They weren't great on there before it either but I have had 2 sales on Mercari since the change and 1 was cancelled
@rjbourgeois5490
@rjbourgeois5490 2 ай бұрын
Sales have already tanked with the fees applied on my end so it doesn't really matter. It's just less money you pay for sale you actually get.
@Bawkr
@Bawkr 2 ай бұрын
It matters because I priced everything competitively. That is a TON of work to go back and check each item individually to keep it in the items value range, I can't simply reduce my whole store by that percentage, if I do I will be losing money on some items and pointlessly losing that money as well had they just kept it the way it was. This hurts sellers who have been building something. It doesn't do anything for sellers who have a low amount of items or just started but it hurts those who are currently selling.
@StaceNyourFace
@StaceNyourFace 2 ай бұрын
I love the idea of no seller fees, but having buyers pay an additional fee with purchases will not go over well. I think it would just give buyers ANOTHER reason (like having to pay A LOT more for shipping) to buy things on Amazon.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Buyers do not like change. Buyers are creatures of habit. I think they would complain for a month and things would go back to normal.
@StaceNyourFace
@StaceNyourFace 2 ай бұрын
@@FlippingandPunching Look at what happened with Mercari. I don't sell on that platform, but I know a lot of people who do/did. I would rather these selling platforms just reduce their seller fees instead of gouging our eyes out. It's bad enough that shipping prices are pushing buyers away. Adding additional fees definitely won't help. Just my opinion. 😉
@ShredderMediaRetro
@ShredderMediaRetro 2 ай бұрын
This is exactly what happened when Mercari introduced zero selling fees, the fees go onto the buyer. Mercari sales already weren't my main selling platform vs eBay. I still get plenty of higher dollar purchases on Mercari even with the fees. I also have bought several items on Mercari even as a seller it doesn't bother me too much but it also creates more negotiating room because the seller doesn't have to think about the fees.
@miamiwax5504
@miamiwax5504 2 ай бұрын
who would prefer ebay over amazon for new items? ebay shines with used items.. sneakers.. antiques.. rare items etc. ebay needs to focus on this and stop trying to become amazon. that's the problem.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
@@miamiwax5504 great point!
@dyman2016
@dyman2016 2 ай бұрын
I’m in West Palm Beach, FL. Glad to hear that you and your fur babies are safe.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you! I hope you and your family are safe as well.
@willmc7681
@willmc7681 2 ай бұрын
Instead of having 1 side of the transaction to pay ALL the fees, what if they split the fees between the buyers and sellers.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Ultimately, that would give the sellers less fees which would make them happy. The buyer would pay a slightly higher price. It wouldn't be such a dramatic shift. I would be ok with that. I would love lower selling fees, lol.
@ladsndadsgaming4605
@ladsndadsgaming4605 Ай бұрын
​@@FlippingandPunchingvinted charge the buyer a fee similar to the PayPal fees. Then shipping on top. But personally as a seller I hate vinted. I was constantly hounded for deals which essentially was just buyers trying to negate fees, I get very little of that on eBay to be honest. And I found the buyers often more like the buyers of Facebook and they were just a hassle far too often on there. eBay have completely abolished fees for buyers and sellers (private sellers and only upto 350 listings). They are doing this to try and destroy vinted and similar market places without a doubt and I'm sure short will cost them a lot of money. It definitely will bring people back though and I fully expect that model to change again within 5 years, no way the keep a zero fees model long term.
@tillamookmini-homesteader
@tillamookmini-homesteader 29 күн бұрын
Yeah, how about lower selling fees. 😂
@TheChaChingKing
@TheChaChingKing 2 ай бұрын
I'm glad you're doing ok. We've had quite the month, too. Just too much. I genuinely hope you guys are OK. You're such an asset to this community.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you! I appreciate the kind words. I hope your month gets better.
@michellehabza2290
@michellehabza2290 2 ай бұрын
Glad you guys are safe over there. My understanding of the no seller fees in the UK is that it is only for private sellers not Sellers with Stores. I don't feel that they will attract average buyers with charging them fees. To attract people to look at eBay as a shopping option when making online purchases for their needs/wants/gifts I don't think adding more $$ as fees will do that. When I talk to people about eBay they usually say "but Amazon is so much faster and cheaper". Maybe I don't explain eBay well enough but I feel that the average shopper would not understand more fees on top of taxes and shipping. I wish they would do a public campaign about reusing, recycling, upcycling and being able to find what you need/want on eBay platform. Many of us sellers take time and effort to make sure we are putting out quality items; cleaning/prepping and even some times repairing to make sure items do not end up in the land fill and can get to a new home. This is just my opinion. Although making money a priority for me selling on eBay, I am a little bit of a romantic in that I want to save the world of its unnecessary garbage, LOL!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I agree what Ebay needs to do more to attract buyers. I feel like that has been lacking for years. I get feeling that eBay doesn't think they need to attract buyers since they already had over a 130 million users. This change international has added more sellers to the Germany market. They have been trying this since 2023 over there. The vibe I got from the reports is that ebay is stating more Sellers have turned into buyers because of this process. They are hoping to continue that trend in the Uk with these new changes. Hopefully these changes due help to keep more items out of landfills.
@rjbourgeois5490
@rjbourgeois5490 2 ай бұрын
Most of us are already paying for a store subscription every month and a lot are paying advertising fees every other sale... so its not like they are reducing everything the seller pays to 0.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
That’s a great point. I didn’t think about the eBay store or promoted listings.
@frc293
@frc293 Ай бұрын
Nice video, which camera do you use for your videos..
@FlippingandPunching
@FlippingandPunching Ай бұрын
I use a GoPro Hero Black 13.
@breezeflippers
@breezeflippers 2 ай бұрын
Hey Rod! Glad to hear you made it through the storm. Hopefully we avoid any more storms the rest of the season. Fingers crossed! Hope Mr Jack does better. We have a 14 year old Yorkie that is going through some of the same issues. Our pets are our kids now. 😊 I enjoy seeing the comic books you are selling. I just listed some signature slabs so hopefully those move. I have about 30 to send off to CGC in the next week or so. Take care!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you! I wish you the best of luck with your Yorkie.
@deadlyumbreon
@deadlyumbreon 2 күн бұрын
Crazy how they charge me 13.25% + $.40 From the total cost, shipping and taxes...... That's a scam.
@FlippingandPunching
@FlippingandPunching 2 күн бұрын
The reason that they have to do that is because some people ruined it for everyone. Back in the day, eBay would only charge you fees on the cost of the sold item. People caught on to this and started listing items for $1 with $50 shipping. eBay change the policy because people were trying to avoid paying fees.
@deadlyumbreon
@deadlyumbreon 2 күн бұрын
@ I lost money on a sale because of it.
@FlippingandPunching
@FlippingandPunching 2 күн бұрын
Unfortunately, that how their system works. Sorry to hear that you lost money.
@ThriftedSpirit
@ThriftedSpirit 2 ай бұрын
I sold a pair of Chrome Hearts Glasses this morning. I'm happy. I'd love no seller fees. I said last night that P9irate ship was normally lower on insurance, this morning ebay is lower with insurance and signature Glad you and yours are all safe. I'm extremely saddened as I didn't live far from the area in NC that is devastated. I think everyone is safe though. Did find out today that one of my estate sale runners passed 2 weeks ago which is the second this year.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Im glad to hear you are ok. I sorry to hear about their passing.
@mihalyfreeman5928
@mihalyfreeman5928 Ай бұрын
Where? They are still charging me 12.35% + 10% and my top rated seller fee is up to 0.40 from 0.30. So where is the seller fees STOPPED!?
@FlippingandPunching
@FlippingandPunching Ай бұрын
We were talking about how eBay is starting to change fee structures internationally. They launched no selling fees in 2023 in Germany. They said they had good success with it. They have now just rolled it out for the UK. If it’s successful there, there are rumors that eBay maybe rolling it out for other markets in the future. eBay has dabbled with it in the US in the past for certain categories, such as shoes.
@BayouBelleVintiques
@BayouBelleVintiques 2 ай бұрын
I'm not sure I see this coming to the US. I think the other countries got it because finding merchandise is a bit of a struggle there and this helps their market, where as here, inventory isn't an issue.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
They said that inventory in the UK is just like the US. They tested the market in 2023 in Germany. They had great results. I am also not sure if it will make it to the US but it is very interesting to see what comes from this.
@treemanrob
@treemanrob 2 ай бұрын
There are no buyer fees here in the UK. Zero selling fees on up to 300 standard listings a month for private sellers
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thanks for the added info.
@adessachui7777
@adessachui7777 2 ай бұрын
I never knew the box was precious. I learned something from that video. I would have been the re-seller taping it to keep it more secure 😮 I don't think that the lady had ill intent. I'm glad you are ok from the storm. Love your videos. You might need to take a break-too much stress from all that.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you. I don’t think she had ill intent as well. I think she had other issues going on. It all worked out in the end.
@deniseloomis729
@deniseloomis729 2 ай бұрын
So glad you and your family are ok. Prayers for all who were effected.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you!
@troygroff4512
@troygroff4512 Ай бұрын
But what about the promoting seller fees? Thanks.
@FlippingandPunching
@FlippingandPunching Ай бұрын
Great question, I don’t know the answer to that at the current moment. The zero selling fees just rolled out for the UK only.
@troygroff4512
@troygroff4512 Ай бұрын
@FlippingandPunching OK. So this is for the UK. I'm in Canada so I hope we all get it. Thanks!
@margaretbidinotto2995
@margaretbidinotto2995 2 ай бұрын
Perhaps on high end items, Ebay could get away with buyer's premiums. But already many of us sellers get requests to lower our prices (even when they're rock bottom to begin with). I have to think that a buyer's premium will just drive customers away.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I can see that. They are seeing growth in sellers on the platform international due to no selling fees. They are stating that more of those sellers are buying now. I would need to see more data to see how that would work out for them long time. I am on the fence with it.
@samuelchamberlain2584
@samuelchamberlain2584 2 ай бұрын
@margaretbidnotte2995 as a buyer and occasional seller , buyers premium would be a big turn off for me .
@texaslady7630
@texaslady7630 2 ай бұрын
👍Thanks for the updates. I am glad your family was ok. So sorry for the others that have lost so much.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thanks! It’s really sad. The beach areas are a shell of what it once was.
@kimross6279
@kimross6279 2 ай бұрын
Happy to hear you and yours are safe. Oh man, gotcha about dogs getting old and being sick. I had my baby girl for 16 1/2 years, made the choice of letting her go, the hardest decision 😢 I had to make, still not completely 💔 over it, she was with me through thick and thin. Keep Flipping and Punching ❤😊
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you. He got worse yesterday and I had to take him to the ER. They hospitalized him. We are praying for the best at the moment.
@bethbrasseur4498
@bethbrasseur4498 2 ай бұрын
Praying for Doggo
@curtiscamron
@curtiscamron 2 ай бұрын
Sorry your dog is sick, hope everything turns out ok. I can’t sell anything in the last 2 months on eBay and when I do it’s usually foreign buyers. I think people in the US don’t have the disposable income right now. Glad you’re ok after the hurricane.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you. My dog is currently at the Hospital in overnight care. Hoping for the best at the moment.
@lennonfan69
@lennonfan69 2 ай бұрын
EBay in the UK have given the private sellers no selling fees but the business sellers still pay selling fees,im in the UK
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I didn’t know that. Thats interesting.
@ShredderMediaRetro
@ShredderMediaRetro 2 ай бұрын
This is the same thing I saw when doing some research myself. It's odd it's only UK eBay but maybe MAYBE 😂 they'll roll it out in the US.
@lennonfan69
@lennonfan69 2 ай бұрын
This is one of UK resellers given his view on the situation in the Uk kzbin.info/www/bejne/d6TPomBra8Z5pM0si=VyaxpaQqbedV2Mgp
@stickerbombe
@stickerbombe 2 ай бұрын
​@@ShredderMediaRetro in Germany ITS the Same. No fees for private sellers
@865Picker
@865Picker 2 ай бұрын
I think with so many people using whatnot and other platforms EBay realized they had to do something. Glad you are safe from hurricane. We were in St. Augustine during it and not much damage in comparison but heading back home to east Tennessee it was not fun.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I’m glad to hear you guys are safe. It’s crazy to see how far the hurricane had reached.
@Independent_Kingz
@Independent_Kingz 2 ай бұрын
Be safe! Im in the hit zone too but further in so hopefully we all come out okay! Best of luck!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Please be safe!
@euphemiaknw7696
@euphemiaknw7696 2 ай бұрын
Just touching on what Mercari did with the no seller fees. No sellers fees translates into extra buyers fees. A seller can now lower their price to accommodate for the buyers fee (however the fee is variable and arbitrary so you don't really know what the buyer is going to get charged). However even if a seller lowers the price to accommodate for an unknown buyer's fee the minute a buyer sees additional fees tacked on to the end of their purchase at checkout, theyre going to want a better deal. It's psychological. It doesn't matter if you've already lowered their price to accommodate- they see an extra 20 bucks on the end of their bill and they want it for less.
@FlippingandPunching
@FlippingandPunching Ай бұрын
I agree. They are only going to roll out no fees to benefit the platform not buyers/sellers. It’s going to be interesting to see the results they have in the UK market for in the next 6-12 months.
@positively_broad_st3780
@positively_broad_st3780 2 ай бұрын
If Ebay would do simple scalable flat fees for listing instead of percentages, it'd be a lot easier to factor it into the selling price...
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I love that idea. I think Poshmark just announced something like that today.
@harthfire2
@harthfire2 2 ай бұрын
on mercari when they did this my sale dropped like a stone. They have recovered some but not what they once was. Poshmark just started a 50\50 split between the buyer and seller we will se how that goes. Buyer premium in the US will not fly because the amazon effect people will just shop elsewhere although it will allow many small websites to grow
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It’s going to be interesting to see what happens over the next year. I agree that people won’t like the buyer premium but if it becomes the new norm from reselling sites, it will be interesting to see what happens.
@shalyndria
@shalyndria 2 ай бұрын
We just lost two pets in the past month, we never get enough time with our fuzzies, but I'm glad you're pal is feeling a little better. I had a similar experience with a scam buyer that sent a cd player back completely destroyed. Fortunately, I was able to show ebay the original state it was in, but they also refunded the buyer and that's a bummer. Scammers should not be rewarded for their actions. I appreciated ebay siding with me though.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I’m so sorry to hear about your pets. My heart goes out to you and your family. It’s never easy.
@shalyndria
@shalyndria 2 ай бұрын
@@FlippingandPunching Thank you so much for your kind words.
@onemanstrash8233
@onemanstrash8233 2 ай бұрын
I am so sorry about all your craziness but most of all about your pup! I have lost 3 in the last year and my son too. It’s so hard!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Omg, I couldn’t imagine going through what you have had to go through in the last year. My heart goes out to you and your family.
@MBDesignsTexas
@MBDesignsTexas 2 ай бұрын
It would be great for the seller, but I think people buying a pair of jeans like I sell they will just buy at the store rather than paying a fee and shipping which will price sellers out of the market.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
If you don’t have to pay a fee, we could all lower our cost. It would still be cheaper for the buyer.
@MBDesignsTexas
@MBDesignsTexas 2 ай бұрын
@@FlippingandPunching That is true :-)
@ProtoProto-s3p
@ProtoProto-s3p 17 күн бұрын
"Whether buying or selling, DitchIt makes it effortless!"
@FlippingandPunching
@FlippingandPunching 12 күн бұрын
Bingo!
@retrobootdisc
@retrobootdisc 2 ай бұрын
Its Zero selling fees here in UK but only for private accounts not for Business sellers.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Yea, I saw that after I made this video. Any idea on what the number of business accounts vs private accounts are in the UK?
@retrobootdisc
@retrobootdisc 2 ай бұрын
@FlippingandPunching I'm not sure on numbers. But the biggest bone of contention here in UK is business sellers using private accounts to dodge fees. Ebay have promised to email all private sellers that sell too much to give them an ultimatum to switch to a business account or face a lifetime ban. I'm hoping ebay reduce or remove fees for businesses to align with vinted. Or even just pay a one off monthly subscription. Vinted is the biggest growing platform here all the younger people use it.
@happilyrandomreseller2289
@happilyrandomreseller2289 2 ай бұрын
The rub with no seller fees is the percentage of the buyer fees, I would hope ebay would not try to replace seller fees with buyer fees. I think the seller fee will need to be under 10 percent to not have a major impact on sales. Its not the dollars but the perception.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I agree on that.
@brendabruinekool709
@brendabruinekool709 2 ай бұрын
When, Mercari went zero selling fees,,, my sales tanked!! I am lucky,, to sell 4 items a week !!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It happened to a lot of people. eBay is a different monster. I would be interesting to see what happens if they tried it. It must be working if they are rolling it out in another market.
@mayakoyama9130
@mayakoyama9130 2 ай бұрын
​@@FlippingandPunchingI sell on depop and they now split the fees between the buyer and seller. The buyer pays like a 5% fee and the seller pays the payment processing fees. My sales went way up over there, I think splitting it between buyer and seller was a lot more equitable for both.
@soheilasiadate2478
@soheilasiadate2478 2 ай бұрын
Thanks Rod, don’t you think if eBay charge the buyers our sell will drop. Just want to know because you are experienced in selling on eBay.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It's hard to say. Ebay is a lot different than other platforms. I am sure people would be upset about it for a month or so. Then it would just go back to business as normal. People hate change.
@Chip-dg7wy
@Chip-dg7wy 2 ай бұрын
I’ve got no problem paying seller fees. They certainly could afford to LOWER the fees. I sell small items and eBay makes a mint on my sales at 12.35% +$0.30. I sell a $2 baseball card and make $0.60 and so does eBay.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I would mind a split fee with buyer/seller. Poshmark is switching their model to that. It would be interesting to see how it plays out.
@TheHobbySpot710
@TheHobbySpot710 2 ай бұрын
I believe it will be great and bring more sellers. It will also put more pressure on places like mercari because they won't be able to hang with big daddy eBay! Now, if whatnot did zero seller fees that would be a game changer because of their unique platform and the volume you can sell so quickly.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I would love to see whatnot do buyer premium and zero selling fees
@TheHobbySpot710
@TheHobbySpot710 2 ай бұрын
@@FlippingandPunching definitely a game changer!
@TheHobbySpot710
@TheHobbySpot710 2 ай бұрын
@@FlippingandPunching I also believe the next company to allow #bitcoin as payment will be the king of reselling platforms.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
@@TheHobbySpot710 I can see someone doing that down the line.
@HugoSanchez-cm9hv
@HugoSanchez-cm9hv 2 ай бұрын
I just heard that Posh was also changing its selling fees
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
They just announced it! Crazy
@HugoSanchez-cm9hv
@HugoSanchez-cm9hv 2 ай бұрын
@@FlippingandPunching love it since I left eBay to sell on Posh, now if they could do away with the flat shipping fee would be amazing
@mayakoyama9130
@mayakoyama9130 2 ай бұрын
​​@@FlippingandPunchingI'm super confused about how Posh is going to do their fees now with the different $ amounts. I hope it makes more sense to me when they implement it tomorrow but it almost sounds like the fees are going to be even higher on lower priced items, just split up I guess so maybe people won't complain as much.
@rjbourgeois5490
@rjbourgeois5490 2 ай бұрын
Almost like the entire global financial market is experiencing a seismic shift for some reason, and the fees restructures are just one of the aftereffects of what's being implemented. This is not just the platforms competing against one another...
@HugoSanchez-cm9hv
@HugoSanchez-cm9hv 2 ай бұрын
@@rjbourgeois5490 idk Amazon offered next day delivery and all the large brick and mortar stores tried to do the same and out speed Amazon with same day and curve side pickup.
@AmericanMade-om3bn
@AmericanMade-om3bn 2 ай бұрын
I'm going to be blunt sales are slow because the reseller market literally doubled this last year. But hey that's what happens when ppl exploit it
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Curious on how it doubled? eBay put out a report in 2022 that they had 138 million users. In 2023 eBay had 132 million users. Which is a 4.3% decline in users from the previous year. Whatnot had 2 million users in 2022 and increased in to 3.1 users in 2023.
@AmericanMade-om3bn
@AmericanMade-om3bn 2 ай бұрын
@@FlippingandPunching I mean if eBay was 10 percent sellers and 90 percent buyers and it changed to 20 percent sellers 80 percent buyers. you can kiss an average of 10 percent of your sales goodbye and that doesn't bring in the factor of now competing on price points.
@AmericanMade-om3bn
@AmericanMade-om3bn 2 ай бұрын
And you think nows bad. Wait until rummage season is over and all everyone has is the thrift markets then you'll understand how many more resellers there really is this year
@vickieofferdahl50
@vickieofferdahl50 2 ай бұрын
I haven't sold on mercari since the changes even with free shipping it never helped me at all.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I still sell stuff on mercari. Its very few and far between. Mercari had issues well before they changed to No Selling fees. They have seen a financial decline for 2 1/2 years before they made the change to no selling fees. It was already on a decline well before they made that change. Hopefully we can see some financial numbers soon to see how its worked overall for the company.
@Kane6676
@Kane6676 Ай бұрын
Still paying fees here , just had a 300 dollar sale and paid 40 in fees
@FlippingandPunching
@FlippingandPunching Ай бұрын
If you fully watch the video EBay rolled out no fees in Germany in 2023 and just announced no fees for the UK. Depending on how it goes they may be rolling it out to other markets.
@wendyraye1
@wendyraye1 2 ай бұрын
I don't know. I feel things are so hard to predict nowadays. And there is just too much to going on right now, from election year, to economic changes still being affected by the world shutting down during covid. I just can't predict where things will go anymore.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
There are a ton of stuff going on right now. It's going to be interested to see how it turns out.
@CRYPTO-ALTCOIN-WORLD
@CRYPTO-ALTCOIN-WORLD 2 ай бұрын
If they do this in the US I'll do free shipping for the first time ever.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
@@CRYPTO-ALTCOIN-WORLD 👍
@kintzyray
@kintzyray 2 ай бұрын
Even if they would lower the selling percentage would be nice
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
That would be nice.
@josephinedente-si5rk
@josephinedente-si5rk 2 ай бұрын
Thank God you're ok and family and dogs and cat❤
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you!
@frankyoungblood5589
@frankyoungblood5589 2 ай бұрын
I am a buyer on EBay and if they charge me a fee for buying I will no longer buy from them!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It will be interesting to see what happens. If it ever happens I feel like everyone will revolt against them but it would go back to normally after a couple of weeks.
@anthonyxavier6300
@anthonyxavier6300 2 ай бұрын
It's a good sign but I have my doubts in the U.S. Unless they are going to pass the fees to the buyers like Mercari. We'll see.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
That’s what they are doing in Germany and The UK. The buyer pays a 3-8% fee.
@kurt9609
@kurt9609 2 ай бұрын
I stopped eBay selling because the fees tripled over the years
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
They have gone up over the years but it’s still a lot cheaper than opening up my own site. I get it though. It seems like fees across the board have been on the rise.
@eltenda
@eltenda 2 ай бұрын
Well that was interesting! Glad to year you guys are ok
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you!
@cathysonlinesales
@cathysonlinesales 2 ай бұрын
love the idea of no seller fees
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
That would be nice.
@AstroHunter5280
@AstroHunter5280 2 ай бұрын
Itll never happen in the US. Market is too large. Thats why they are testing it in the good ole UK
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
@@AstroHunter5280 you may be right. They actually started to do it in the Germany market in 2023. It was a success there for them. Now they are expanding it. I’m interested to see the results from it over the next 6-12 months.
2 ай бұрын
U.K. has like a population of like 80 million. That’s still a big market to just let selling fees go.
@AstroHunter5280
@AstroHunter5280 2 ай бұрын
That’s still a small market and a perfect size to test
@wolfmansgoodies
@wolfmansgoodies 2 ай бұрын
Awesome video, man
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thanks man!
@HolyDiverDio928
@HolyDiverDio928 2 ай бұрын
Anything changes eBay implements is solely for increasing revenues. No selling fees for UK Sellers was to force them to move to a business account. Which they will have to pay a monthly fee. eBay also decrease the amount of free listings for private Sellers in the UK. This is all conjecture anticipating no selling fees for US Sellers. People have to stop thinking how the platform changes impact them directly. Thinking eBay is going to make a major fee change in the Sellers favor is short sighted. You think eBays CEO is clueless? eBays stock price has increased 50% this past year. I rarely see any KZbinrs showing videos on what’s working them on eBay. Mostly complaining about slow sales, fees, glitches, imaginary shut downs. The small percentage of Sellers who actually run their stores like a business are having success. Being a one person show is not a business no matter how many tens of thousands of listings you have.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
You are correct. This is sales 101. I worked sales for many years. The company would change up our commission structure every six months or so to benefit them while still dangling the carrot in front of us. Businesses will make changes to increasing their bottom line. Implementing changes to their platform is always with their stockholders in mind first and foremost. I have been selling on eBay for 25 years now. These videos are done to open up discussion on the possibles of what may come down the line. We are seeing pattern in fee changes across multiple selling platforms such has eBay, Mercari, and Poshmark. Selling on eBay is a business. Being a one man show is not a scalable business. At some point you have to make the decision on expanding the business by hiring outside help or being content at a ceiling. It’s not always about making the most money for some. For some it’s about being happy and doing what you love. Some are able to balance both, while others lean one way or another. The greatest thing about reselling is there are many ways to do it. You just have to find what works best for you. I appreciate the comment and the discussion.
@Buffandthestuff75
@Buffandthestuff75 2 ай бұрын
I just lost my dog on Thursday. He was fine on Sunday. Monday he lost control of his back legs, Tuesday he was about the same. And On Wednesday he couldnt move anything but his neck. We took him to the vet on Thursday. His blood came back he just had enlarged prostate. And his disc in his back started to fuse today. But didnt explain the lost of movements. They gave him so meds and Told me if he gets worse to bring him back. But he passed over night. It was sad. We think it was his flea medication. It happened a day or so after we gave it to him. And if you read the side effects of flea medication this is know side effects in some dogs.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Omg, I’m so sorry to hear that. My heart goes out to you and your family. I had to take my dog to the Emergency Vet today. They are keeping him over night. Ugh
@PamelaS.H.
@PamelaS.H. 2 ай бұрын
I quit buying on Mercari because of the buyer fee!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
I don't blame you.
@johnathin0061892
@johnathin0061892 2 ай бұрын
You pay that fee as a buyer, whether you pay it directly or the seller fees are passed onto you in the price. Consumers pay all costs of doing business.
@thegardenstatepicker
@thegardenstatepicker 2 ай бұрын
Be safe, brother!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you!
@roundtableradio4831
@roundtableradio4831 2 ай бұрын
No selling fee!!!❤
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Do you think they will bring it up the US Next?
@roundtableradio4831
@roundtableradio4831 2 ай бұрын
@@FlippingandPunching I think they will, it would help me.
@Apexflipper
@Apexflipper 2 ай бұрын
Mr Jack! Love to him!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you. He needs it’s right now. We are at the ER and they are going to keep him over night. Wish us luck.
@Kane6676
@Kane6676 Ай бұрын
What are you talking about ? I still see seller fees
@FlippingandPunching
@FlippingandPunching Ай бұрын
If you watch the video through we talk about how eBay is rolling this out internationally. They started in Germany in 2023. It was a big success for them there. They have now have rolled it out for the entire UK market. If it’s successful there eBay may be rolling out to more future markets. Only time will tell.
@mikesmith6205
@mikesmith6205 2 ай бұрын
You got another hurricane coming
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Ugh, it’s coming right for me too!
@soheilasiadate2478
@soheilasiadate2478 2 ай бұрын
I wish your dog will feel better and better ohhhhhhh
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you. He is not doing that good. He is currently hospitalized getting treatment.
@you-to-beornot-to-be9629
@you-to-beornot-to-be9629 4 күн бұрын
people come here to get the fees info. not to get hurricane info.....
@FlippingandPunching
@FlippingandPunching 3 күн бұрын
If you came for “current news” you may of wanted to look at the date of the video before you watch them.
@joshualowery9699
@joshualowery9699 2 ай бұрын
It’s a scam. We now have to mark stuff down bc buyers won’t pay as much now that they have to pay extra fees. It was fine how it was.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It’s going to be interesting to see how it pans out on the UK market over the next 6 months.
@TonySullivan-cr6wr
@TonySullivan-cr6wr 2 ай бұрын
Rod think of you and your wife as you all navigate Mr Jack health issues.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
Thank you.
@johnnygamecock1249
@johnnygamecock1249 2 ай бұрын
Dang, way to hook up your viewers, an pumpkin cat house originally priced at $199 sold to a viewer for $12.99, what a hook up, LOL
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
That sounds so much better than my pricing error. I’m going with your answer 😂
@terrahillman151
@terrahillman151 2 ай бұрын
Nice click bait dude 🙄
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It literally talks about EBay’s announcement yesterday for zero selling fees In the Uk .
@LarryM-024
@LarryM-024 2 ай бұрын
Jokes on us, click bait yes but lying must be in your character.
@Beardkingpicker
@Beardkingpicker 2 ай бұрын
😂
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
That’s not click bait. It’s exactly what the title is. There are no selling fees in EBay Germany or EBay UK market. They are expanding the program.
@burkesbargains1431
@burkesbargains1431 2 ай бұрын
LarryM, dude what are you on about. Leave Rod alone.
@Excelsior_Real_Deal_Picker
@Excelsior_Real_Deal_Picker 2 ай бұрын
Glad to here you’ll doing alright With the hurricane aftermath. Sorry to hear about Mr Jack not feeling well, just do the right thing for him and not for you. I just went through that with one our dogs, one of the hardest decisions I had to make, do I put him on his journey over the rainbow bridge or do I keep him going for my emotional well being. I decided to send him on his journey. He was like my shadow, always right by my side, always at the door when I got home from work, I miss him bad but I think about his suffering and know it was the right decision.
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
@@Excelsior_Real_Deal_Picker I agree with you 100%. I will NEVER let me dog suffer no matter how hard of a decision it may be. He is currently at the animal hospital as we speak. They are keeping him over night. It looks like he may have an infection of some sort.
@DawnPalmer55
@DawnPalmer55 2 ай бұрын
Maybe a vet visit for the dog since he’s older and not feeling well…you want to make sure he’s not in pain!
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
We are at the emergency room as we speak. Wish me luck.
@14buckeyeGirl
@14buckeyeGirl 2 ай бұрын
Horrible idea
@FlippingandPunching
@FlippingandPunching 2 ай бұрын
It maybe. Time will tell. It’s going to be interesting to see how this plays out over the next 6-12 months.
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