EBay lowers sellers' fixed price fees

EBay lowers sellers' fixed price fees 4:40PM, Wednesday 20th August 2008 Ebay has announced it will be cutting the fees it charges British sellers to sell its "Fixed Price" items. The company hailed the move as one of its boldest ever, as it looks to boost sales, lure new buyers and withstand competition. Sellers' fees will decrease in most cases as eBay sets out to improve the balance between buyers and sellers, in the hope that it can halt the trend of losing customers to rivals such as Amazon.com. "I'd say this is the most fundamental change we've made, ever, to the marketplace," said Lorrie Norrington, president of eBay marketplace operations. "It's a huge shift from where we've been." Rather than charging sellers to list each item separately, eBay will charge 15p to list any number of the same type of item in the... [read full story]                    

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