I'm still not clear about about all the fees....you could even say, I'm confused! Here's an example. I sold a book for $65.00 that included free shipping and received the funds in my PayPal acct in the amount of $65.00 less $2.19 allegedly for a Paypal fee. Paypal's website says, quite clearly that money sent to my acct incurs a fee of 2.9% of the selling price. Therefore, according to MY calculations, it should have been $65.00 less 2.9% ($1.89 not $2.19)) yielding $62.81. Now, Ebay also takes a cut. Since 4/19/11 Ebay does not charge an insertion or B.i.N fee, only a final value fee of 9.0% on the total that includes a shipping fee, if any. So, I calculate a 9% fee on $65.00 at $5.85 (not . Prior to shipping, I now have subtotal fees of $56.96. The shipping fee recorded on PayPal was $4.65, leaving me with a net of $52.31. Thus my sale generated a net profit of 80.5% of the selling price. My next Ebay acct invoice isn't due until May 15. Why is all this so confusing? Isn't PayPal an Ebay company? Why aren't ALL the transaction listed on PayPal? It appears that after Ebay & PayPal have extracted their fees, the USPS extracts another 5-7+% netting me the 80+%. Are my figures correct? Am I missing something? Is the "profit" in reality <50% as someone opined? We all may do a lot better by donating everything to Salvation Army and taking the write off. Its Deductible (donation software program) gives pretty generous thrift values IMHO!
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