As of late my eBay fees have skyrocketed I’m not sure if they have revamped their fee structure or not but it’s becoming less profitable for me to use eBay. I’m losing a larger piece of my money to them every time I make a sale. Then to add to it the PayPal fees, which are quite reasonable in comparison to other online credit card shops it’s a huge chunk of my cash. Depending on how much my item sells for I lose about 6% every time I make a decent sale, add to that the 2% PayPal takes and that’s 8% of my income.
I like that etsy takes a flat 4%. That’s it. I’m frustrated with the fees associated with eBay. Sure some people are on there making their living on the sales from eBay and some people are on there making thousands on electronics, but I’m just one single crafty person! I can’t afford to give up almost 10% of my hard-earned income to some big company!
With the restructure of my website and the switch to etsy I’m going to look into restructuring my eBay strategy and we’ll see how that goes. Not to worry though, I’m looking at working on the website after the new year, so hopefully with 2006 I’ll be ushering in a new website too, thought it may not be until February when I get to it. I’m hoping to take a week or at least a few days off work to work on it. I’m pretty sure it will be best if I work on it in one long caffeine fueled stretch of time, rather than breaking it all up into small chunks of time. In the end I’m not sure what I’ll be doing.