Ebay Inc (EBAY)

Lowest Rates Ever for U.S. Sellers to Build Their Businesses on eBay

SAN JOSE, Calif.--(BUSINESS WIRE)--
eBay (Nasdaq:EBAY), the world????s largest online marketplace connecting 90
million active buyers and sellers, today announced free auction listings
and dramatically reduced listing fees for fixed-priced items in the
U.S., making selling on eBay.com simpler than ever for sellers of all
sizes. The pricing changes, which take effect March 30, more closely
align eBay????s success with its sellers, dramatically lowering ???? and even
eliminating ???? the upfront costs of selling on eBay. This success-based
pricing is similar to changes implemented by eBay in Europe, which has
driven strong growth for sellers in markets such as the U.K. and Germany.

????Free????and practically free????is great news for anyone wanting to earn
extra cash or build a business on eBay,????? said Lorrie Norrington,
president of eBay Marketplaces. ????Our new success-based pricing makes
eBay more attractive and competitive than ever. We are focused on
helping sellers win and giving buyers the best deals online. So whether
you want to turn the stuff in your garage into vacation money, become an
eBay entrepreneur or scale your business, we are there for you with
selling formats, tools and pricing that offer choice and opportunity.?????

Beginning March 30, eBay will offer two pricing packages in the U.S.:

• 
  For sellers who list items occasionally, new ????eBay Everyday?????
  rates. Auction-style listings with a start price of 99 cents or less
  will be free (with no insertion fees for up to 100 listings per
  month). When an item sells, the seller will pay a flat final value fee
  of 9 percent of the sale price ???? and never more than $50. If an item
  doesn????t sell, the seller pays nothing. Auction listings typically are
  the ideal format for people who sell occasionally on eBay. Regardless
  of item or price, auction listings offer maximum search exposure based
  on time-ending-soonest auction-based search results, and the format
  helps sellers with occasional listings get the best value.
  


• 
  For sellers who list often, new ????eBay Stores????? subscription
  rates offer insertion fees as low as 3 cents per listing for 30 days????a
  90 percent reduction over current rates. Larger volume sellers with
  this ????3-cent store????? premium rate can move thousands of items at high
  velocity with full search exposure. Subscription rates offer basic,
  anchor and premium store pricing options, depending on the size of a
  seller????s business. With the new pricing a seller with 250 listings per
  month would save $80 or $960 a year in insertion fees. In addition,
  with these changes eBay????s current store inventory format will be
  discontinued and will no longer have separate search functionality
  from core fixed-price listings. With the new eBay Stores rate package,
  all fixed priced inventory on eBay will have exposure through eBay????s
  main search functionality, increasing visibility for sellers and
  improving the search experience for buyers.
  

Sellers who want to determine which pricing option will work best for
their
listings when the changes take place in March can use eBay????s Fee
Illustrator: http://pages.ebay.com/sellerinformation/news/FeeIllustrator2010.html.

Along with the simplified pricing changes, eBay announced that,
effective today, it is expanding to all buyers its eBay Buyer
Protection program, which the company has been piloting over the
past year. eBay Buyer Protection adds an unprecedented level of customer
support and trust to the world????s largest online marketplace. Along with
eBay????s Top-rated seller program, which was introduced in October 2009
and helps buyers easily identify sellers who consistently provide great
service (as rated by other buyers), eBay Buyer Protection offers buyers
even greater confidence that when they buy on eBay, they????ll be covered.

Through eBay Buyer Protection, buyers will have access to customer
support specialists seven days a week, as well as a money-back offer for
most purchases should a problem arise and the seller is unable to
resolve the issue. eBay Buyer Protection covers items paid with PayPal
or any other approved payment method. This program, along with Vehicle
Protection Program and Business Equipment Protection Program, covers
almost every item purchased on eBay.com. Customers can see the specific
coverage for an item on the ????view item????? page or can read more at http://pages.ebay.com/coverage/index.html.

????We????ve made enormous progress in creating a great customer experience on
eBay.com,????? said Norrington. ????Buyers already benefit from the highest
quality service offered by our Top-rated sellers. With eBay Buyer
Protection, customers can shop with confidence as they take advantage of
the great deals and selection eBay sellers offer. We????ve now got you
covered on eBay every day.?????

Fast facts:

• 
  New range of pricing options designed to dramatically reduce the
  upfront cost of selling on eBay and offering eBay????s lowest-ever
  insertion fees.
  


• 
  New ????eBay Everyday????? standard rates: Free insertion fees in
  auctions with a start price of 99 cents or less for up to 100 listings
  per month. New, lower insertion fees for auctions at all other
  starting prices. New, simplified final value fee for all auctions.
  


• 
  New ????eBay Stores????? subscription rates: Full search exposure on
  fixed-price listings for as little as 3 cents per listing, plus new
  low rates for auctions.
  


• 
  eBay????s Fee Illustrator helps sellers determine which option will be
  most cost-effective. http://pages.ebay.com/sellerinformation/news/FeeIllustrator2010.html.
  

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects
millions of buyers and sellers globally on a daily basis through eBay,
the world's largest online marketplace, and PayPal, which enables
individuals and businesses to securely, easily and quickly send and
receive online payments. We also reach millions through specialized
marketplaces such as StubHub, the world's largest ticket marketplace,
and eBay Classifieds sites, which together have a presence in more than
1,000 cities around the world. For more information about the company
and our global portfolio of online brands, visit www.ebayinc.com.

Source: eBay Inc.