eBay will be eliminating listing fees and will be simplifying the rates for sellers in order to appeal more business on their platform versus competitors like Amazon.com and Google. eBay will also let sellers list many items for free. The changes will be applied in April and will be the company’s first major update in pricing for many years.
“The update is part of eBay’s ongoing commitment to be the most competitively priced commerce platform in the U.S. today, offering sellers of all sizes a great deal and being a partner of choice for merchants, and to make eBay the best place to sell online,” stated an eBay representative when interviewed by CNET.
eBay will be charging between 4 and 10% per product. These new fees are lower than what Amazon.com charges. Amazon charges between 6 and 15% per product.