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Yahoo Cuts Auction Fees to Challenge Ebay

TechNewsWorld reports that Yahoo has cut some of its auction fees to challenge eBay. Yahoo says it is removing all fees associated with Auctions listings, including listing fees and final value fees. This could be attractive to eBay sellers who are continue to pay up-front listing fees. However, eBay may be able to get away with charging more because of its massive user base. TechNewsWorld explains the cost differences now that Yahoo has removed listing fees:
EBay's listing fees range from 25 cents for items that start for sale at less than a dollar to US$4.80 for items on which the bidding begins at $500 or more. The so-called final value fee starts at 5.25 percent of the total sale price.

Depending upon the category and other factors, the savings on an item that sold at auction for $100 could be more than $5, depending upon the number of extras a seller chooses to draw attention to its listing. For sellers who peddle dozens of items each week, that could represent a significant bottom-line difference.


Posted on June 6, 2005
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