Friday, March 2, 2012

Cost to Sell on Different Online Shopping Sites - Should You Go for an Alternative? ( Online Shopping Recommended by Amaytors )

Online Shopping Recommended by Amaytors

It is necessary to have an understanding of how costly it is to sell on different online shopping sites to make the best judgment when you are hit by the thought of considering an alternative. There could be many reasons to consider an alternative to eBay or Amazon. You may even want to start selling on one of these online shopping sites. Before you make your decision to sell on an online shopping site or choose an alternative, it is advisable to have a look at how costly these will end up for you.

Everyone sells for a profit, and wants to maximize their profit. If you have a clear understanding of the cost that incur to you when you sell an item on a particular online marketplace, it would be easy to calculate your profit and price your product better.

Here is an effort to provide you with an overall understanding of how costly it is to sell on different online shopping sites.

Cost to sell on eBay

The fee to sell on eBay fall into three categories; the insertion fee, final value fees and listing upgrades.
if you want to put an item on auction, here are the fees.
Insertion fees for auction-style format listings:
  • First 50 listings are free. Insertion fee varies from $0.10 to $2 depending on the starting or reserve price of your item for auction.
  • Final value fee for auction-style format listings:
  • It is 9% of the item's total cost to the buyer ( the shipping fee is included in the total cost).
  • Insertion fee for fixed price format listings:
  • The insertion fee is $0.50 for all items priced at $0.99 or higher.
  • Final value fees for fixed price format listings:
  • The final value fee for fixed price items vary by the price and the category of the product.
Electronics items -
  • Below $50 - 8% of the final sale price
  • $50.01 - $1000.00 - 8% of the initial $50 and 5% of the remaining final sale price balance.
  • $1000.01 or more - 8% of the initial $50, 5% of the next $50.01 - $1000.00 and 2% of the remaining final sale price balance.
Clothing, Shoes and Accessories
  • Below $50 - 12% of the final sale price
  • $50.01 - $1000.00 - 12% of the initial $50 and 9% of the remaining final sale price balance.
  • $1000.01 or more - 12% of the initial $50, 9% of the next $50.01 - $1000.00 and 2% of the remaining final sale price balance.
Books, DVDs & Movies, Music, Video Games
  • Below $50 - 15% of the final sale price
  • $50.01 - $1000.00 - 15% of the initial $50 and 5% of the remaining final sale price balance.
  • $1000.01 or more - 15% of the initial $50, 5% of the next $50.01 - $1000.00 and 2% of the remaining final sale price balance.
All other categories
  • Below $50 - 12% of the final sale price
  • $50.01 - $1000.00 - 12% of the initial $50 and 6% of the remaining final sale price balance.
  • $1000.01 or more - 12% of the initial $50, 6% of the next $50.01 - $1000.00 and 2% of the remaining final sale price balance.
If you are to sell business and industrial equipments, the insertion fee will be $20, reserve fee will $5 and final value fee of 1%.
There are other optional fees on eBay:
  • The reserve price fee which is $2 upto $199.99 and 1% of the reserve price above $199.99.
  • The buy it now fee which is optional varies from $0.05 to $0.25.
  • There are other option fees like listing upgrade fees which varies from $0.10 to $4, picture hosting fees which is $0.15 for each additional picture and seller tool fees.
Cost to sell on Amazon
Amazon charges three different fees:
  • Referral Fee of 6-25% of the sale price
  • Variable Closing Fee of $0.45 to $1.35 and a $0.05/lb on standard domestic and $0.10/lb on Domestic expedited.
  • $0.99 Fixed Closing Fee on all items which is waived for pro merchants.
There are different fees applied to seller who uses amazon programs like Amazon services, Fullfilment by Amazon, Webstore by Amazon, Amazon product ads etc.

Cost to sell on Half.com

There are no startup, listing or monthly fees. The half.com does not charge the seller on shipping fee. The commission is taken out of the selling price of the item.
Here are the commissions:
  • Up to $50 - the commission is 15.0% of the selling price.
  • $50.01 - $100.00 - the commission is 12.5% of the selling price.
  • $100.01 - $250.00 - the commission is 10.0% of the selling price.
  • $250.01 - $500.00 - the commission is 7.5% of the selling price.
  • > $500.00 - the commission is 5.0% of the selling price.
Here are some of the low cost alternatives you may consider.
Cost to sell on Etsy.com
  • The listing fee - $0.20 per listing
  • The commission - 3.5% of the total price. This does not include the shipping price.
  • Remember you can list only handcrafted items on Etsy.
Cost to sell on eCRATER
Its 100% free to create a store and sell online.

Cost to sell on InstantFinder
No startup fee, listing or monthly fee.
The only charge is 2.99% of the final sale price for all products.
So if you are to consider an alternative in 2011, you must make your best judgment so as to have a better profit. These low cost alternatives may not bring you a big sales number, but obviously more profit from whatever sales you make.
A. Aster is an associate editor for InstantFinder.com.
Visit http://instantfinder.com/ to check your options. It is a fast growing online marketplace with a clear vision.
Online Shopping Recommended by Amaytors

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