ebay is widely known reseller marketplace for checking out new-used items; mainly customer goods, videogames, fashion wear and accessories.
Selling Items on eBay: What do you need to know?
eBay charges anywhere from 9%-13.25% on video games and customer electronics. Also sellers reported that it is ranging from 3% to 15%. Here is what their cost breakdown looks like on a game console, widely popular such as Playstation 5:
Sellers may not be able to list certain items due to selling limits that are applied to new sellers. As a starter, better approach is to sell some smaller items anyway to learn exactly how everything works.
Also new sellers who are selling expensive gaming items are often targeted by scammers: If someone asks you to text them, call them or email them outside of Ebay messaging system don’t do it. They will try to scam you.
eBay’s formula for assessing fees: Fee Calculation guide
There is an app available called US eBay Fee Calculator on the Appstore: https://apps.apple.com/us/app/ebay-fees-calculator/id1484438509
Per-order fees changes: Since March-15th 2024, eBay posted the following details on their official website. New transactions are getting adjustment of fees (increases) and across all categories however, they mentioned its not applicable to orders under $10.
Alternatives to eBay
We suggested few other marketplaces other than local facebook marketplace, Amazon FBA, etc. to try selling and learning how everything is accessed:
Mercari: Since April 2024, sellers are reporting no seller fee on this platform.
StockX: StockX charges upto 15% fee of the transaction at its sole discretion, as a service fee to sellers. However, products are verified if genuine and shipped to its inspection sites.
Disclaimer: we are not associated with any e-commerce website. We provide trusted guides, well-received reviews from the customers.