eBay India heats up competition, announces fee cut!
June 26th, 2008 by Annkur
Things are heating up in the online ecommerce space. eBay India today announced a significantly revised fee structure to better compete with other ecomm sites. A estimated comparison is shown in the chart above.
The new pricing brings a huge discount for tech category sellers (who contribute majority of the sales online). The fee has been reduced to a mere 1% (add to that PaisaPay gateway charges of 4%), bringing the total cost of selling to 5%. Our estimated shows that eBay sellers can now offer the best rates for technology category (or at least match the competition equally). The new structure goes live on 9th July and 1st August in parts.
There are three major players in India who allow third-party vendors to register and sell online. Vendors pay a commission to these sites on successful sale of products. There has also been a significant reduction in listing fees by eBay.in (this is the cost of listing a product on eBay, regardless of its sale). See the discussion on the eBay forums for more.
“eBay realized after three long years (in India) that squeezing the sellers is not the right strategy.” – said Mahaveer Champawat, an eBay India PowerSeller.
Read the full announcement from eBay
Please note: The chart above shows estimated commission load on sellers for listing on the mentioned sites. We do not guarantee if these are 100% correct.
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Categories: Tech Industry News | Tags: ebay, ebay.in, ecommerce, ecommerce india
