Three euros for grandma’s old vase, maybe twenty euros for the kids’ Playmobil collection: this is where eBay fees hurt. The company now houses private sellers.
The online trading platform Ebay is making all private sales in Germany free from March 1st. The company said Tuesday in Kleinmachnow, near Berlin, that with the elimination of listing fees and sales commissions, the biggest barrier consumers see when selling on eBay is gone. There is no change in costs for commercial providers.
Ebay wants to make private trading more attractive
The regulation is valid indefinitely and is limited to Germany. Germany is the third largest sales region in the world after the USA and the UK.
[Ist ein Verkauf auf Ebay, Etsy oder Amazon Marketplace rein privat oder schon gewerblich? Dazu gibt es seit Jahresbeginn im Steuertransparenzgesetz neue Regeln. Was Verbraucher darüber wissen sollten.]
Oliver Klinck, managing director of Ebay Germany, said that eliminating fees for private sales is one thing in the entire market business: promoting private sales drives the private sales business, broadening and thus increasing the variety of offers in Ebay Germany. market attractiveness. Cancellation of fees should also pay for the platform itself.
The exemption from fees and commissions only applies to private sellers, who make up about 20 percent of the business, according to the company. Ebay, on the one hand, relies on the information provided by the seller, and the platform uses algorithms to check whether self-disclosure is trustworthy.
“If someone regularly sells 20 iPhones a day, that’s a very clear indication to us that it’s not a private seller.”
Criminals often use ghost accounts – working with stolen identities – for money from Ebay or for fake store scams. WISO took a closer look at the crime:
Poor Christmas job
Ebay management cannot be satisfied with overall business development. A week ago, the trading platform reported weak numbers for the past Christmas quarter. Annual revenue fell four percent to $2.5 billion. Adjusted revenue from continuing operations fell 10 percent to $581 million.
In the summer of 2020, Ebay made money from the sale of its classifieds section in Germany, which includes eBay classified ads and mobile.de portals. While Ebay and the Ebay classified portal operated by Norwegian online marketplace Adevinta haven’t quite gotten in each other’s way so far, that could quickly change with Ebay’s free initiative.
Ebay classified ads are classified.de
Another innovation aims to rectify the situation: by 2024, Ebay listings will remove the Ebay name and appear under the brand name “kleinwerbung.de”. Those who type the new address into their browser no longer receive an error message, but are instead redirected to the website www.ebay-kleinwerbung.de.
I’m Ashley Robinson, a professional writer and journalist. I specialize in news writing and have been working for the past five years with News Unrolled. My main focus is on technology-related topics, though I also write about politics, healthcare, and business from time to time.