ebay fees calculator in UK 2023/2024-Updates - Millkun

ebay fees calculator in UK 2023/2024-Updates

ebay fees calculator
ebay fees calculator

ebay fees calculator; eBay is a popular online marketplace where you can buy and sell a wide range of products. If you’re a seller on eBay in the UK, it’s essential to understand the fees associated with your transactions.

In this blog post, we will break down eBay fees for 2023/2024 in the simplest terms, helping you calculate the costs of selling your items on this platform. We’ll also provide a handy table summarizing the fees for different categories.

ebay fees calculator
ebay fees calculator

eBay Final Value Fees

eBay charges sellers a final value fee, which is a percentage of the total transaction price, including shipping costs. The final value fee varies depending on the category of the item you’re selling and the selling price.

Let’s take a closer look at how eBay final value fees are calculated:

1. Private Sellers

For private sellers, the eBay final value fee is divided into two tiers based on the selling price:

  • For the portion of the selling price up to £5,000, eBay charges a final value fee of 12.8%.
  • For the portion of the selling price above £5,000, the fee is reduced to 3%.

2. Main Categories

Now, let’s explore the final value fees for specific main categories on eBay:

Clothing, Shoes & Accessories:

  • Subcategories such as Men’s Shoes (Trainers) and Women’s Shoes (Trainers)
    • For selling prices under £100, the final value fee is 12.8%.
    • For selling prices over £100, the fee drops to 5%.

Everything Else:

  • For most other main categories, including Electronics, Home & Garden, Collectibles, and more:
    • For the portion of the selling price up to £5,000, eBay charges a final value fee of 12.8%.
    • For the portion of the selling price above £5,000, the fee is reduced to 3%.

3. Other Categories

For categories not covered in the main categories mentioned above, the final value fees are as follows:

  • For the portion of the selling price up to £5,000, eBay charges a final value fee of 12.8%.
  • For the portion of the selling price above £5,000, the fee is reduced to 3%.

Table: eBay Final Value Fees in the UK 2023/2024

CategorySelling Price under £100Selling Price over £100
Clothing, Shoes & Accessories12.8%5%
Everything Else12.8%3%
Other Categories12.8%3%

Calculating eBay Fees

Now that you have a clear understanding of eBay’s final value fees, let’s go through a simple example to calculate how much you’d pay in fees for a specific item.

Example: You’re a private seller, and you’ve listed a pair of men’s trainers in the “Clothing, Shoes & Accessories” category for £150.

  1. Determine the selling price portion that falls under £100 and over £100:
    • Selling Price under £100: £100
    • Selling Price over £100: £50 (£150 – £100)
  2. Calculate the eBay final value fees for each portion:
    • For the portion under £100: £100 x 12.8% = £12.80
    • For the portion over £100: £50 x 5% = £2.50
  3. Add the fees for both portions:
    • £12.80 + £2.50 = £15.30

In this example, your eBay final value fee for selling the £150 trainers would be £15.30.

For more information, refer to eBay business sellers activated on the managed payments page.

Conclusion

Understanding eBay fees is essential for sellers looking to maximize their profits on the platform. In the UK for 2023/2024, eBay final value fees are based on the selling price and category of your item.

By using the information provided in this blog post, you can easily calculate the fees associated with your listings and make informed decisions about your selling strategy on eBay.

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