EBAY -
Any thoughts on the following,
Here is a message from a (soon to be former) Ebay power seller, from the "trenches". I am an "old timer" as far as Ebay goes - nearly 18 years. Most of them have been good for me. Now, it's time to move everything to Amazon. Why? Because the fees have gone over the top, for what you receive from Ebay as a seller. I can get fulfillment by Amazon for nearly the same price. That means I don't have to do a thing! So my well into 6-figure sales are going to Amazon.
I am part of a local Ebay user group. Collectively, we sell well into 7 figures per year on various online sites, with (up to this point) most of it on Ebay. We're leaving. It's too expensive. And get this - and I just learned this from one of the associates that helps pack our products for shipments. Ebay charges sellers a fee on the sales tax it collects! For us that amounts to thousands of dollars per year lost in profit! I never see a PENNY of that money, even to invest. That was the nail in the coffin for me.
We are winding down now with Ebay. By summer I will be 100% Amazon and will be shutting down most of my operation. I won't need it. Amazon will be doing 75%+ of the work, and I will only need a small space for consolidating and then sending to various Amazon locations. I am aware of others in our user group that will be doing the same. I suspect this is playing out in other areas in the US as well.
It has been a great run. Too bad Ebay had to ruin it with excessive fees. I'm also wondering how many users Ebay is losing because of the new 1099 rules. I understand why the government wants it, but it has to be scaring off many sellers who don't want to deal with a Schedule C on their taxes.