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However, if your buyer pays by Paypal then presumably you also pay a PP fee of £29.30* on the £1K sale price (or a little more with whatever the shipping cost is)....correct?
So if I've got this right, on a normal (non discount) sale of £1K where the buyer uses Paypal you'd be charged £157.60 in total fees from both Ebay and PP - that's a healthy % of your sale to give up
*based on Paypal Fee Calculator
And yes it looks like £1 FVF deals are gone, they'll be costing eBay money.
As I understand it, normally Paypal take their fee when money comes into your account, unless the sender selects that you're a trusted person.
My advice would be don't take them up - and do take them up when/if they do £1 listings.
Under the new fee structure you no longer get paid via PayPal, eBay pays money into your current account directly. Buyers can still pay with PP - they pay into an eBay central account, then eBay pays you, minus fees about 2 days later.
Though that 2 day delay is a bit of a pain if you're having to wait to send items off
eBay used to experiment with different deals quite often, a £3 FVF being commonplace too until fairly recently.
Hold your water unless needing to sell something urgently, the £1 option will return. Or start pricing your goods to take account of higher fees, like everyone else does...
They will consider it a loss leader to get more listings and thus to get more people shopping on the site. People don't always buy the thing they first land on from the search engine... and also you can bet they've negotiated a rate with PayPal that is likely unavailable to mortals.
If you are selling low value stuff then the 80% off offer is a much better deal for sure though. But for guitars, amps etc...
Which may mean it's a good time to list stuff at bumped-up prices, of course...
I'm uneasy with it, so I will limit myself to buying on Ebay for a while, so all my crap hot and exciting deals will be on tFB Classifieds.
. I have been offered a £1000 for a guitar, the buyer said he will pay by bank transfer outside of the eBay system once he has won the item on ebay.
I normally knock the PayPal fees off the sale price if they pay by any other method but I guess can't now.