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EBay Changes Listing Fees

Aug 21, 2008 (financialwire.net via COMTEX News Network) --

August 21, 2008 (FinanciaWire) Proposed changes eBay (NASDAQ: EBAY) is planning to it's auction site to ecourage fixed prices may do little to dissuade buyers from competitors such as Amazon (NASDAQ: AMZN) (Current Market Cap: US$34.98 Bil.).

Sellers will now be charged a flat rate of 35 cents to list an item on the site for 30 days instead of seven days, and will also be allowed to list multiple quantities of the same item for a one-time listing fee of 35 cents. Listing fees in media categories such as movies, music, games and books will be lowered to 15 cents.

Previously, sellers paid between 35 cents and $4 to list an item for one week, depending on the item's listing price.

None of the changes will effect auction items on the site or items sold in eBay stores, which are separate from the company's core listings.

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