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Sell For Less: The Alternatives To eBay

Serena Cowdy

By

Serena Cowdy

From the Fool blog

Local Police Station Is Useless!

Published in Money Saving Tips on 18 February 2008

Fed up with eBay fees? Wish there was a better way to sell? Serena Cowdy looks at the alternatives.

In Is eBay Worth It?, I recently had a look at all the fees faced by those trying to make some cash on the site.

If you're a disgruntled seller, you might want to take your business elsewhere - and there are lots of other websites keen to help you make a few quid.

Some don't charge listing fees, at least one has a free secure payment system, and a few don't charge you anything at all.

But could it be out of the frying pan and into the fire? I'm going to look at three of these alternatives in a bit more depth.

eBid

eBay may dominate the online auction market, but eBid is one of the more sizeable auction sites in hot pursuit.

Many sellers are now choosing to list items on both sites, and some have ditched eBay entirely because eBid costs are lower.

Free listing: It costs nothing to list items on eBid.

What you pay: The site makes its money in two main areas - final value fees and subscriptions.

Sellers can subscribe to eBid in two different ways.

Basic seller: You can subscribe to eBid for free as a basic seller. You'll then be charged a final value fee of 3% of the sale price of each item you sell.

This approach generally makes financial sense if you only plan to sell occasionally.

Seller+: In this case, you pay a subscription fee for a chosen period of time (7 days = £1.99, 30 days = £6.99 and so on).

You can even subscribe for life - normally at a cost of £99.99. Seller+ status also allows you to access various additional site features.

Seller+ subscribers don't pay the 3% final value fee. This could, therefore, be a good choice for you if you think you're going to sell regularly.

Photos: It's usually free to list a photo with your item, although if you choose ‘Gallery' format (only available if you're a seller+), you'll have to pay a final value fee of 2% of the item's selling price.

Payment system: eBid's preferred secure payment partner is Pp pay (several other means of payment, including PayPal, are also available).

As with eBay, you'll have to pay the relevant Pp pay/PayPal transaction fees.

Downside: If eBay's a whale, eBid is still a tiddler - and far fewer buyers currently use it.

However, many sellers are coming to resent eBay's market domination - and eBid and others are feeling the benefit.

Seller fees are far lower, so if you want to encourage some healthy online competition - and send eBay a wake-up call - it's definitely worth a look.

Here's a full breakdown of eBid fees and charges.

Amazon Marketplace

Amazon Marketplace has fast become one of eBay's biggest online rivals. It provides a venue for you to buy and sell new, used and refurbished items - on the same page that Amazon displays the item new.

However, unlike eBay and eBid, it's not an auction site - sellers set the price of each item they list.

Free listing: When using Amazon Marketplace, you don't pay a listing fee. So, if your item doesn't sell, you don't lose any cash.

Plus, listings generally last 60 days (most items on eBay can only be listed for a maximum of ten days before you have to pay to relist them).

What you pay: A completion fee of £0.86; and a closing fee - which is 17.25% of the sales price (11.5% when selling electronic and photo items).

Postage: Amazon sets the postage costs, not you. It takes a fee from the buyer, keeps an ‘administration fee' for itself, and passes the rest on to you as ‘postage credit'.

This can work out as more or less than the actual cost of postage and packaging, so sellers need to accommodate this variance in their product price.

Photos: You can't usually list your own photos next to your item, because Amazon uses single detail pages on the site, where the product details already exist.

With certain products, you can provide a photo link - but they still won't appear next to your advert (they'll be made generally available to anyone browsing in that category).

Free payment system: Amazon operates a secure payment system of its own (the equivalent of PayPal). Unlike PayPal, this service is free for all sellers to use.

Downside: What you can list is somewhat constrained by the choices of category available. For example, there's no section for ‘vehicles', so selling a car or motorbike would prove difficult.

And although you can list an item Amazon doesn't have in its catalogue - you'll have to create your own page for it first.

Here's a full breakdown of Amazon Marketplace fees and charges.

Gumtree

Gumtree was started in 2000 as a local London classified ads and community site. It now covers 60 cities in six countries, with millions of people listing everything from flat rentals, jobs and dating ads to CDs, furniture and motors.

No fees! It costs nothing to sell an item on Gumtree. You just type out the ad, attach a photo (if you want), and post in the relevant category.

What's the catch? Just stay safe when buying or selling stuff in this way. Face-to-face payment - and item handover - is recommended to avoid getting ripped off (either as a buyer or a seller).

For example, Gumtree offers no protection if you post an item and then don't see the cash. For this reason, selling locally is probably the best way forward.

Worrying developments? In 2005, Gumtree was bought by eBay. Its fee-free status, thankfully, remained unaffected.

However, Gumtree is now introducing a facility called ‘Featured Ads'. These are ads that appear in a special section at the top of the listings pages for either three of seven days.

And guess what? You're charged a fee to use this service. The price depends on how long you'd like your ad to appear in this format, and which category it's in.

Of course, there's nothing inherently sinister about this. The prominent placing will probably mean that more people read and respond to your ad.

But let's just hope the free listing option remains firmly in place, too. Gumtree (and eBay) - we're watching you!

More: The Highs And Lows Of Online Shopping | Money Talk: How To Make A Mint From eBay

Visit the Online Auctions discussion board for Foolish advice about buying - and selling - online.

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Comments

The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.

Meloearth 19 Feb 2008, 6:04am

Great article, thanks. It answered many of my questions. I was hoping, however, for a link to creating a page on Amazon for a book that the site does not yet have the page made up, as you described. I haven't been able to find that answer yet. Also I wonder if listings on Amazon US show up worldwide or if I have to list on Amazon version of the site I am interesting in selling to, and if Amazon's payment system makes the conversion of funds. Do you know? Sorry if it's not proper to ask questions here. You may delete this.

Vinylcafe 19 Feb 2008, 7:56am

Sorry, but your researcher didn't look far to discover alternatives to Ebay, but before I go on there is something prospective sellers should always consider and that is Eauction fees. True Ebay just 'lowered' basic ad costs, but now take a whopping 7.5% of the selling price as a final fee, plus they are getting more insistent that sellers use their other service Paypal to get buyers to pay...another 7.5% charge. OK, alternatives...QXL is pretty wll known and if buyers/sellers want to find a fuller list then go to http://www.auctionlotwatch.co.uk/auctions.html Yet another alternative, but not an auction is to sell through the Classfieds on www.myspace.com, or through Marketplace on www.facebook.com - though great care, as the advice given for Gumtree, is needed to secure your goods and your money....and totally ignore over the top pffers which are a sign of potential fraud. Don't forget local newspapers which often have free advertising for items under £200 or so.

janeyp57 19 Feb 2008, 10:36am

Our family uses www.tazbar.com. Great site, easy to navigate and very cost-effective with no listing fees if you're placing less than 100 items online. Larger sellers only have to pay a monthly fee and we've always found what we wanted and had good service and experiences.

Craigomus 19 Feb 2008, 6:01pm

You might also like to look at www.SpecialistAuctions.com This is still a rather young site but it looks the part and is moderated. Clearly, the more the site is used, the more it will grow. No listing fees and very few others either.

Bobb3 19 Feb 2008, 8:48pm

Good article on the subject of e-bay I would agree that the cost is making it not worthwhile, I have been selling for a number of years on the site but have started using others now for that very reason. One not mentioned is CQout.com well worth a look for anyone wanting to auction items, for a basic listing with a picture there is no cost to put it on the site, there is of course a final value fee but much more reasonable than e-bay.

AuntieT 19 Feb 2008, 8:55pm

I use www.etsy.com. It is for handmade items only, so great for crafters who want to maybe fund their hobbies by selling stuff they have made themselves. Currently the site is mostly used in USA, and prices are in dollars, but they only charge 3.5% fee. And each person gets their own shop, which is free, which is better than eBay. Worth a look.

RachelRobyns 20 Feb 2008, 11:44am

I have recently come across a site called www.Abfablinks.com which looks like a really good alternative. It's just for bargains, which makes it a honeypot for shoppers. I have also registered as a seller and listing your offers is really easy. I would say it's best for multi-stock or higher value items. They don't charge commission. Well worth a visit.

RoadkillChicken 20 Feb 2008, 11:58am

hello all, www.bitsnbobs.co.uk is a good place to buy and sell. I know it's free at the moment but not sure if they will charge in the future

MadMacLeods 20 Feb 2008, 12:29pm

For cds and dvds i use Playtrade.com. It is a well organised site that makes it so easy to list and process sales. They periodically have commission free periods when you pay nothing but even without that I have found fees reasonable compared to ebay. The only drawback is you cant list anything that is not on their site already.

s071a 20 Feb 2008, 4:22pm

I have used Preloved.co.uk to buy items. It lists for free and has as many categories as ebay, which gives plenty of choice. Again, Buyer/Seller have to agree on terms of payment, so "staying safe" is important. I ended up using my paypal account as the seller was not within a reasonable driving distance.

TheGenie18 20 Feb 2008, 9:25pm

When Ebay stopped letting people sell used Washable Nappies, I sold some very successfully at www.usednappies.co.uk. They are MUCH cheaper to list through, 10p to list, free pictures, good choice of payment methods.

snoopy170 22 Feb 2008, 11:25am

for buying and selling books try http://www.greenmetropolis.com/ set prices but you get at least £3 for every book you sell.

quotemeister 30 Jun 2008, 1:36pm

I've just listed a few things on www.flog.co.uk - it seems pretty small (just north west i think) but listing an item was sooo much easier than ebay, and they dont charge any fees. Site looks a bit cluttered though.

WelshAdam 06 Jul 2008, 11:17pm

Thanks for posting this. I'm sick of eBay's extortionate seller fees, they might not seem like much but if you sell stuff quite often like I do, they do add up. Sometimes I must be spending more money than I'm earning on there, it's just silly really.

I've just registered on that eBid to see what that's like, but as a previous poster has said, Playtrade is a good site for selling DVDs and suchlike, as is Amazon. I think I'm going to try PreLoved along with several other sites mentioned here too.

steve2wilson 11 Jul 2008, 11:13am

There are dozens of smaller niche sites out there that offer "online auction" facilities dedicated to one product group or theme, but it is also worth considering your own website to sell from, firepages and EKMpowershop are both cost effective at £20-£30 a month fully managed.

eBid is growing in size at the moment, but is now starting to face a lot of problems that eBay did, in that there are plenty of dodgy sellers and scams being seen - people kicked off ebay for bad practices are setting up on eBid.

www.ebay-alternatives.co.uk has an extensive list of alternative selling venues.

king001 10 Oct 2008, 11:08pm

I sell electronics (portable hard drives etc...) on laconauk.com They are good and do not charge for buying and/or selling. the only fee is paypals fee, but you cant win em all eh?

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