eBay has introduced a significant change to its order cancellation policy, making it much simpler for buyers to cancel orders—up until the order is marked as shipped. While this may seem like a positive change for buyers, it introduces new challenges for sellers that need to be carefully managed.
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Here’s a guide to eBay fees, plus tips on how to protect revenue, prevent losses, and grow your eBay business.
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Starting March 15, 2024, the eBay per-order fee on orders over $10 will increase from $0.30 to $0.40 across all categories.
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eBay is updating its Streetwear authenticity process to inform both buyers and sellers about item discrepancies. Previously, the process involved authentication and listing accuracy checks, where buyers were informed of discrepancies and could choose to proceed or return the item. Starting mid-February, sellers will receive notifications through Seller Hub and email, while buyers will be notified via email and their eBay accounts. This feature, first applied to Handbags US in September 2023, will extend to additional categories and markets throughout the first half of the year.
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Remember the IRS’s pause on the new $600 threshold for #1099K tax forms? Well, it’s just a band-aid. We’re at risk of reverting to a policy that could burden American online sellers without a permanent fix. Imagine getting tax forms for selling a few old garage items – yes, even if you don’t owe any tax! eBay is asking for your help to push Congress for a change.
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eBay has unveiled a cutting-edge “magical listing” tool that employs artificial intelligence to extract product details directly from images. This innovation aims to streamline the listing process, particularly assisting first-time sellers who might find the initial listing creation daunting. Sellers upload photos in the eBay app, and the AI recommends titles, descriptions, and other crucial information. The tool, which is currently in beta testing among eBay employees, is set to be released to the broader public soon. Alongside this, eBay has enhanced its image background removal tool to further aid sellers in presenting clearer product images. Major retailers, including Amazon and Walmart, have similarly integrated AI into their operations to enhance user experience.
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If you print labels from the eBay interface, you’ll know that USPS labels are charged at the time of printing. Starting this month (September 2023), UPS and FedEx labels will also be charged at the time of printing.
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In a recent announcement, eBay reminded sellers of several new international shipping regulations, emphasizing the importance of compliance with these rules. As international shipping becomes more complex due to the enforcement of new laws, sellers who ship internationally must meet these updated regulatory requirements.
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eBay has expanded the real estate it devotes to ads on search results pages, creating even more opportunities for sellers to promote their listings with Promoted Listings AdvancedBETA. This expansion offers three additional premium placements on the search results page, increasing the total placements to seven. Promoted Listings Standard ads will also benefit from this change, appearing in these same Advanced slots in addition to other places on and off eBay.
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