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eBay Raises the Cost of Selling Jewelry in UK

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eBay Raises Jewelry Commission Fees in UK

eBay is raising its commission fees significantly in the jewelry category in the UK. The current final value fee is 12.9% for items up to £450 in the “Jewellery” category, plus 30p per order. Effective March 7, 2024, the final value fee will be 14.9% for items up to £1,000, with the same 30p per order fee.

eBay has a tranche fee structure; it currently charges an additional 2% of the total amount of sales above £450 in the jewelry category; on March 7th, that will change to an additional 4% of the total amount of the sale above £1,000.

The fee hike applies to Jewellery only, and eBay said there’s no increase to the final value fees for the Watches, Parts & Accessories subcategory. In its announcement, eBay UK referred to its help page for more information about fees for Business sellers.

The announcement gives sellers only a month to devise a strategy to counter the higher fees and determine whether to raise prices or take other actions to account for lower margins.

Sellers are discussing the significant increase in this thread on the eBay UK forums.

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

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