Will it not increase Product Prices?
This move is going to influence everyone. Buyers, Sellers and eBay.
Sellers will increase Prices to cover for the increased costs, Buyers will look for better deals elsewhere, Sellers will see a slow business. eBay will try to cover for the losses by increased fees, but in the long term there will be a catastrophic loss as sellers will turn to other e-Commerce platforms.
To sum up loss-loss situation for all.
To all buyers-
For 200 Rs you pay for a T-shirt , how much does the seller get-
You Paid- Rs 200
ebay FVF Charge- Rs 14
Amount left- Rs 186
Paisapay Charge- 4.5+10.33% Tax= 9 Rs
Seller gets- Rs 177
Seller has also to pay a monthly fees to maintain the store i.e- Rs 4000.
Seller lists 1000 items a month with 5 Days format and so relists every item 6 times a month.
Listing fees- 2500
Total Fixed Fees- 6500
Say if he sells 500 items a month.
Cost per item= Rs 13
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So Seller is effectively getting Just Rs 164.
eBay takes 18% commission. Bravo
.