eBay Money Saving Tips – 1

Before I get into the meat of this article I would like to point out that I have researched the UK eBay site, but having looked around most of the other eBay sites most have the same fee structure.

Did you know if you start your auction off at lets say 0.99p instead of £1.00 you save yourself 0.05p a time.

If you start off at £4.99 instead of £5.00 you save a massive 0.10p a time.

For a full list of eBay fees pop a long to the eBay fee site by clicking here.

Now you may think 0.05p and 0.10p is nothing and maybe it is not but if you are listing 10 items a day at £5.00 you would pay £2.50.
Now reduce the start price to £4.99 and ten items will cost you £1.50, so you can see the savings that can be made by reducing the starting fees by 0.01p a time

Have fun and Happy eBaying

Andrew Milburn

As an eBay Education Specialist one of the top questions that I am asked is “How can I reduce the fees I am paying” I normally answer them the fees that they pay are already cheap………… You should try owning a brick and mortor store.

So I have decided to do some short articles outlining some quick ways you can save money on your ebay listing fees, and by the time this series has finished I hope you will do, and believe me it will both suprise you and help your business go to the next level.

Now I am going to be honest here, unless you understand where your money is being spent in your eBay business you will never have a large successful and profitable business nor will you be able to make savings. For how can you make savings when you do not know what you are already spending?

eBay bless them have once again been ten steps ahead of us and have things in place to help us. If you go along to your seller account, and select your latest eBay invoice and save it to an excel type program.(Excel or Google Spreadsheets or any of the free ones out there Once it has been saved you will then need to sort it via the 4th column (The fourth Column is the fee type.) by sorting by this column you will see straight away what you are spending and if you are over or even under spending.  For example If you are spending extra on a bold listing you need to ask yourself, do I really need these listings? Or if you are not spending anything or very little on lets say featured listing and your niche needs featured listing you need to sit down and work on it.

As Education Specialists we can help you and give you advice, but only you know your business and what works in your business. And only you know your business stats.

Well thats it for today, look out for some money saving tips.

Andrew Milburn – AndyUk