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In a recent survey, it was found that 76% of buyers said that they never used the private auction option and 65% of all those who responded to the survey said that an auction being private would make them less likely to participate in it. The reasons that were given for not wanting to participate in a private auction were:

1. They thought the seller had something to hide.

2. They thought that the auction might be a scam.

3. They thought that the private auction defeated the protection of transparency of eBay auctions.

Buyers who participate in private eBay auctions cannot be warned that an item is bogus by other sellers or buyers.

This does remove some of the safety that bidding on items through regular eBay auctions provides.

The private eBay auction smacks of deceit and maybe even of intrigue. Yet there are many sellers on eBay who always use the private auction option.

They say that it protects them as sellers and that it also protects their customers. The majority of eBay members, however, do not agree with their assessment.

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There are two fees that eBay charges; the insertion fee and the final value fee.

The insertion fee is based on the asking price of the item. For an item that is listed for under $1.00, the insertion fee is $.20. For an item that is listed for $500 or more the insertion fee is $4.80.

The final value fee doesnt apply until an item is sold. If the item listed does not sell then there is in final value fee.

For items that sell for $25 or less, the final value fee is $1.31. For items that sell for more that $25, the fee is $1.31 plus 3% of the sales price over $25.

The math might be a bit mind boggling but the fees are really very reasonable when you think about the value of the advertising that you receive.

The Insertion Fee for Multiple Item Dutch Auction and Fixed Price listings will never be more that $4.80 no matter how many items are listed.

However, the final value fee is based upon the sales price of each item rather than on the total of sales.

 


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