eBay are increasing fees for sellers listing luxury handbags in order to fund the continued investment they are putting into the category. Whilst a fee increase is never welcome, for certain price points the cost of selling will go down whilst for other price points sellers will face higher final value fees.
“To help us sustain our investment in growing the category and attracting even more buyers, we’re increasing final value fees in the Women’s Bags & Handbags category (169291). In addition, we’re simplifying our fee structure so you can quickly and easily calculate your profits.”
– eBay.com
eBay investments in luxury handbags
eBay point out that the Authenticity Guarantee, eBay’s post-sale authentication service, is now available for all eligible luxury handbag listings of $500 or more in the US. Authenticity Guarantee helps drive more buyer traffic and higher conversion for sellers of luxury handbags by delivering a trusted shopping experience buyers expect. When buyers see a luxury handbag listing marked with a blue Authenticity Guarantee check mark, they can be assured their handbag purchase will be meticulously inspected and verified by a professionally trained authenticator before they receive their order.
Benefits of Authenticity Guarantee
- Protects you from fraudulent returns, such as the wrong inventory, counterfeit products, and damages. eBay’s authenticators physically inspect each return so you’re assured that you’ll receive back exactly what you sent
- Protects you from chargebacks due to counterfeit claims by the buyer
- Available at no cost to you or your buyer
Buyer Awareness
In addition to Authenticity Guarantee, eBay are reinvesting in the luxury handbags category to build buyer awareness that eBay is the go-to marketplace for luxury handbags. eBay say that their team are continuously creating better on-site experiences that make it easier to buy and sell luxury handbags. They are also investing into further awareness-building campaigns to drive even more traffic to luxury handbags than ever before.
eBay.com luxury handbags fee changes
As well as detailing the luxury handbags fee changes, eBay have give some examples of what fees sellers can expect at differing price points:
Example—final value fee percentages for a $1,500 transaction
For this transaction (including tax and shipping), a non-Store and Starter Store seller will pay $225.30 in final value fees, which is an increase of $36.75. In this example, the final value fee as a percentage of the total transaction amount is 15%.
Example—final value fee percentages for a $3,000 transaction
For this transaction (including tax and shipping), a non-Store and Starter Store seller will pay $270.30 in final value fees, which is a savings of -$106.50. In this example, the final value fee as a percentage of the total transaction amount is 9%.
Example—final value fee percentages for a $1,500 handbag transaction
For this transaction (including tax and shipping), a Basic and above Store seller will pay $195.30 in final value fees, which is an increase of $22.50. In this example, the final value fee as a percentage of the total transaction amount is 13%.
Example—final value fee percentages for a $3,000 handbag transaction
For this transaction (including tax and shipping), a Basic and above Store seller will pay $210.30 in final value fees, which is a savings of -$89.25. In this example, the final value fee as a percentage of the total transaction amount is 7%.
