Are you planning to run your business through E-Bay? If that’s what you have decided, then it is a very smart move. E-bay, over the years, has proven to be a very useful and effective platform for those, who want to sale their products to customers from all over the world. All you need to do to avail their services is to register with them and get started. E-Bay offers a very easy-to-use and user friendly platform, which allows you conduct online transactions in a smooth and efficient manner. E-Bay, is one of the most reliable platforms available, when it comes to business to consumer and consumer to consumer sales.
Few Important things you need to know
There are a couple of important things which you need to know, before you get on with it. You need to be aware of the process by which fees on E-Bay are calculates, the percentage retained by E-bay and etc. In the following section, you will be offered a brief insight into some of the most crucial aspects related to E-Bay, which you need to be aware of.
- The Process of Calculation of Fees: E-Bay has different types of fees structure, which depends on factors like having a store or listing any item for sale. The most common type of fee is known as the Final Value Fee. Depending on the category of the item; for seller, who don’t have a store, E-bay charges a commission which could vary between 2% to 12%; on the total value of the transaction. For other kinds of sellers, who belong to the categories of Premium, Anchor, Enterprise and Basic store; the fee charged on final value varies from 1.5% to 12%. The percentage charged is determined by the category of the item.
- Percentage Charged by E-Bay: Fort those sellers, who don’t have a store and are operating with a starter store; the percentage charged by E-Bay varies from 2% to 12% on the total value of transaction. Here the percentage charged is determined by the category of the item. Since November 2019; E-bay has starting collecting sales tax for all kinds of domestic sales. The amount and percentage differs from one place to another.
- Fees Charged by E-Bay and Paypal: Depending on the level of the store, the final value fee for E-Bay ranges from 1.5% to 12%. Whereas, PayPal charges $0.30+2.9% in case of domestic sales, and 4.4% + an additional fee, which is being determined by the currency, in case of international transactions.
At times, it can be difficult to keep a track of all these complex calculations. This is where a E-Bay calculator comes into the picture. It is an excellent mechanism, which is available online. With the help of this calculator, you can easily figure out different amounts related to different accounts.
Looking for ebay fee calculator UK? Run a search over the internet. There are tons of different options available which lets you figure out the exact amount.