You list an item, at which time, they take a "small listing fee" and depending on how you list it, it can be anywhere from fifty cents to a couple of bucks... EVERY TIME YOU LIST IT.
So, say you have an item and the listing fee cost you sixty five cents. You put the item up for $10 and it doesn't sell in the time period you have it listed for whether it be a week or ten days or whatever. EVERY time the item is relisted, BAM you get banged out for the same listing fee. THEN once the item sells, they take their "cut" of the final selling price right off the top which is extortion rates of like 10% or more depending on some formula that they have and the type of item it is and how much it sold for.
So this $10 item gets listed and they take their sixty five cents. It doesn't sell... you relist it a few times.... Say three times. $1.95 off the top. Add to that, your final selling fee thingy at say 11%. Another $2.20. You're left with $5.85. As long as you have calculated your shipping correctly, (sometimes yes, sometimes no....), which the buyer pays, you come out on top or you don't..... and you walk away with some pocket change.... :s Damn! I wish I'd thought of doing this.....
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