eBay is eliminating listing fees and simplifying rates in hopes of bringing Amazon sellers to its doors. In addition to a new fee rate system, eBay will let sellers list many items for free, the company announced today. eBay said the changes, which begin rolling out in April, are the online marketplace’s first major update in pricing in several years. “The update is part of eBay’s ongoing commitment to be the most competitively priced commerce platform in the U.S. today, offering sellers of all sizes a great deal and being a partner of choice for merchants, and to make eBay the best place to sell online,” an eBay representative told CNET. eBay will now charge between 4 percent and 10 percent per item. The new fees are lower than those of Amazon, which charges between 6 percent and 15 percent per item for a referral fee.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.