April 1, 2009
Tired of Expensive Ebay fees? Try SwiftStore
We’ve attained some customers who prefer to set up a shop with us rather than trade through e-bay. One of our new customers - dkgmodels put a message on their landing page stating that they were using our software and moving away from e-bay due ebays charges. So a little bit of an investigation was called for to see just how do we compare to eBay on price?
We worked out 2 examples, both based on a business with an eBay shop using the “Buy It Now” function. In both cases we are considerably cheaper than ebay, both for a basic store and a featured store e-bay is over twice as expensive. These figures are taken from http://pages.ebay.ie/help/sell/fees.html and are accurate as of the 01/04/2009.
Example 1
Say a vendor with 20 items, selling 10 in given a month @ an average prive of €40 / item.
|
Ebay Shop |
|
|
Basic monthly charge |
€19.99 |
|
Insertion Fees per item |
€0.50 |
|
Insertion Fees @ 50 cents per item for 20 items |
€10.00 |
|
Commission cost per item, selling 10 items at €40 per item (9.9% commission per item) |
€3.96 |
|
Total Cost for selling 10 items in month |
€69.59 |
|
|
|
|
Revenue from these items |
€400.00 |
|
Costs as a % of turnover. |
17.40% |
|
Swiftstore |
|
|
Basic monthly charge |
€20.00 |
|
No Insertion Fees |
€0.00 |
|
Commission cost per item, selling 10 items at €40 per item (2% commission per item) |
€8.00 |
|
|
|
|
Total Cost for selling 10 items in month |
€28.00 |
|
|
|
|
Revenue from these items |
€400.00 |
|
Costs as a % of turnover. |
7.00% |
Example 2
Say a vendor with 50 items, selling 30 in given a month @ an average price of €40 / item.
|
Ebay Shop |
|
|
Featured Shop Monthly Fees |
€59.99 |
|
Insertion Fees per item |
€0.06 |
|
Insertion Fees @ 6cents per item for 50 items |
€3.00 |
|
Average Selling Cost per item at €40 per item |
€3.96 |
|
Say Sell 30 items |
€118.80 |
|
Total Cost for selling 30 items in month |
€181.79 |
|
|
|
|
Revenue from these items |
€1,200.00 |
|
Costs as a % of turnover. |
15.15% |
|
Swiftstore |
|
|
Intermediate monthly charge |
€40.00 |
|
No Insertion Fees |
€0.00 |
|
Commission cost per item, selling 30 items at €40 per item (1% commission per item) |
€12.00 |
|
|
|
|
Total Cost for selling 30 items in month 1 |
€52.00 |
|
|
|
|
Revenue from these items |
€1200.00 |
|
Costs as a % of turnover. |
4.33% |
All in all there are huge savings to be had from using SwiftStore, on top of which you get your own site with a much greater degree of control of it.
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