Reseller Tips – How to Lower eBay Fees?

We can't imagine that you're too happy when you think about eBay seller fees. There are quite a few, and it might seem like they're eating away at your profit. But how to lower eBay fees? Is there something that can be done? Let's take a look at what you, as a seller, can do regarding fees on this popular online marketplace platform. 

How to Lower eBay Fees? Start by Choosing the Right Subscription Type 

The main tip on how to lower eBay selling fees is to determine the right subscription plan for your business needs. There are several different store types on eBay, and the subscription fee varies depending on which store option you choose. If you're just starting on eBay, you will likely choose a Starter Store, which can be great for a while. However, once your business grows, you will benefit from changing your subscription. Why is this the case? 

Let's say you have surpassed 250 eBay listings per month. With a Starter Store, you get only 250 zero insertion fee listings per month. But if you switch to the Basic Store, you will have 1,000 listings with no insertion fee to pay. Even though you will technically be paying more for your subscription, it's easy to calculate that you will save money on these eBay fees.

Study eBay Fees Extensively to Know What to Expect 

In addition to choosing the right subscription, you should also know that you can save money if you decide to pay it on an annual basis instead of paying monthly. Small details like this are easy to miss if you don't know much about eBay fees in general. That's why doing your research is so important. In addition to the monthly account fee, you should familiarize yourself with the following:

• Insertion fee, 
• Final value fee, 
• Listing upgrade fee.

Before You Post a Listing, Calculate Fees and Set Your Price Accordingly 

Once you know what you want to sell on eBay, it's time to post your listing, and setting the item's price is one of the most important steps in the process. Now, the tip we're about to give you isn't technically about how to get lower eBay fees, but it will help you increase your profit at the end of the day. 

Here's what you need to do – calculate all the fees and set your price based on that amount. When you know how much you lose on fees, it's easy to determine what price will be enough to make you profit. The easy way to do this is to simply use an eBay fee calculator. 

Request Final Value Fee Credits

As you likely know, eBay will charge you a final value fee regardless of the outcome of your sale. So, if the sale isn't completed, you can lose money – but not necessarily! You can request a final value fee refund in certain circumstances:

• When you report an unpaid item to eBay, 
• When you get a full refund for a returned item,
• When the seller and the buyer agree to cancel a transaction, 
• When you issue a voluntary refund during a dispute over payment (you need to be an eBay-managed payments seller for this to work).

You Also Have the Option of Requesting Non-Paying Auction Insertion Credits

It's also quite useful to know how to get lower fees on eBay when the highest bidder on your auction doesn't pay for an item. In these situations, your insertion fee is non-refundable, but you can avoid the second insertion fee when you relist that same item. The only catch is that you have to do it within 90 days of the end date of the original listing without changing item details while also keeping the price the same.

Become a Top-Rated Seller and Get a Discount on Final Value Fees 

Becoming a top-rated seller might be easier said than done, but it's something you should aspire to. If you achieve this, you will be rewarded with a 10% discount on the final value fee. While this might not sound like much, the amount you save this way will quickly add up.

Don't Limit Yourself to Just eBay – Try Crossposting With Quality Listing Software 

eBay isn't the easiest multi-vendor marketplace platform to navigate, but we all know it's worth the trouble. All you need is a bit of patience and a lot of dedication. Still, if you're not sure this is the right place for you to sell your products, you might consider posting on a few other platforms as well. 

Crossposting sounds like a demanding task that might be too much for beginners, but it's actually quite simple – you just need good software for selling online, and we have the perfect one for you. Try Zipsale and enjoy our top-quality crossposting tool for professional online resellers. Sign up today and start managing multiple inventories without a hassle.