Ecommerce juggernaut eBay this morning announced that it is making it free to list up to 50 items per month in auctions at any start price, and free to add the “Buy it Now” option to those listings.
In related news, eBay is reducing Final Value Fee rates for Store and Fixed Price sellers (on July 6, 2011), and will apply the Final Value Fee to the total amount of a sale to encourage sellers to give buyers more options for low-cost or even free shipping.
That should be good news for buyers, but not so much for sellers as eBay will take a larger commission from merchants that charge for delivery.
For more information, check AuctionBytes.
Founded in 1995 in San Jose, CA, eBay connects millions of buyers and sellers globally in the world’s largest online marketplace, utilizing PayPal to ensure secure transactions. The company also operates 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. eBay items can be sold either via a silent auction, in which users input the maximum price they are willing to...