Hello,
The statement is absolutely 100% correct. This FVF is applicable in imitation jewellry where margin is very high. I real gold jewellery we always face this question, why the price is so high. A seller has to add at least 10% extra to cover the Ebay expenses which is highly impractical. Normally in big show-rooms, Gold Jewelleries are sold with a marging of 7-8% on manufacturing cost.
This is the main reason Good genuine sellers cannot sustain in Ebay. The FVF is real gold and real diamond jewelleries should be 2%.
I have given this suggestion to our Account Manager so many times.
Thanking You,
Ashok Agarwal
Proprietor
Sitare_Jewels