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New Ebay Seller Fees - Spring 2013

Ebay just announced details on the Seller Updates for Spring 2013 - Many changes (free store listings, flat rates, etc). http://pages.ebay.com/sellerinformation/news/springupdate2013/overview.html?sspagename=SIC:springupdate2013:overview:dynamicemail It is always presented as a positive, & yet it always ends up costing you more. Lots of details - I am still analyzing the effect of the changes. The flat 9% (store) or 10% (no store) regardless of how high the sale is, will hurt with big $ items.

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Well you have to look at it this way, it will become the new norm. This is what people will be willing to pay for a particular item, so yes, even if the price does increase, that is what people are willing to pay for it, so it doesn't really change anything. We are showing prices of what people are currently paying on the secondary market in the largest LEGO marketplace. If this makes the Falcon go from $2400 to $2700 and it stays that way, well then that's what people are willing to pay for it on ebay at that time. In our heads the set may be worth less because you know they are passing the costs on, but the number is the number.

Well, it does change the appeal of buying a $2500 set for investment purposes. In the past you could justify buying the expensive sets over the lower priced ones by factoring in the fee reduction for sets valued at over 1k. Now, if you are buying a $2500 set as an investment, you do it knowing that an additional 5% of the price of the set won't be coming back - so that has to discourage investors from buying those sets.

Well, it does change the appeal of buying a $2500 set for investment purposes. In the past you could justify buying the expensive sets over the lower priced ones by factoring in the fee reduction for sets valued at over 1k. Now, if you are buying a $2500 set as an investment, you do it knowing that an additional 5% of the price of the set won't be coming back - so that has to discourage investors from buying those sets.

Well hopefully we will be able to help change that and other pricing issues in the near future.

Here is some data of price groupings from this past months data. Here will get an idea of what groups this price change will affect the most/least Under $20 = 60,759 $20 - $50 = 19,794 $50 - $100 = 8,068 $100 - $250 = 5,160 $250 - $500 = 1,058 $500 - $1000 = 275 $1000 - $2000 = 100 Over $2000 = 23 So not too bad. Only 123 LEGO listings will get beat up with major price hikes.

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Here is some data of price groupings from this past months data. Here will get an idea of what groups this price change will affect the most/least

Under $20 = 60,759

$20 - $50 = 19,794

$50 - $100 = 8,068

$100 - $250 = 5,160

$250 - $500 = 1,058

$500 - $1000 = 275

$1000 - $2000 = 100

Over $2000 = 23

So not too bad. Only 123 LEGO listings will get beat up with major price hikes.

This breakdown is interesting to see. I am very surprised by the number of low priced sets (around 64% of the sets are under $20 & 84% are under $50).

Here is some data of price groupings from this past months data. Here will get an idea of what groups this price change will affect the most/least

Under $20 = 60,759

$20 - $50 = 19,794

$50 - $100 = 8,068

$100 - $250 = 5,160

$250 - $500 = 1,058

$500 - $1000 = 275

$1000 - $2000 = 100

Over $2000 = 23

So not too bad. Only 123 LEGO listings will get beat up with major price hikes.

Percentagewise, the fees increase is about 30% on $200 item and goes up from there. 30% is pretty major for many people.

Jeff, I am curious to see that breakdown for December. Most likely more listings will be affected by this price hike at that time frame.

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