eBay Store Closings

Many eBay stores are being closed. Businesses are not abandoning eBay, they are still using the action format. But recent fee changes are finally driving people away from opening stores. I have tried using an eBay store, but like many other closed it in the past few weeks. My main concern in using the store was in the unfriendly search function within eBay. But I feel the store was a valuable way to cross-promote my items for sale between the Thanksgiving and Christmas shopping frenzy.

I will probably open a store again before Thanksgiving this year. Even with the increased fee.

eBay Store Inventory format listing insertion fees will remainunchanged. The Final Value Fee for Store Inventory items will change as follows:

Closing Price Old Price New Price $0.01 - $25 5.25% of the closing value 8% of the closing price

$25.01 - $1,000 5.25% of the initial $25, plus 2.75% of the remaining closing value balance. 8% of the initial $25, plus 5% of the remaining closing value balance ($25.01 - $1000)

Over $1,000 5.25% of the initial $25, plus 2.75% of the next $25.01 - $1000, plus 1.50% of the remaining closing value balance ($1,000.01 - closing value). 8% of the initial $25, plus 5% of the next $25.01 - $1000, plus 3% of the remaining closing value balance ($1,000.01 - closing value).