SE Asia offers 50% FVF’s on 6 Western eBays

Continuing eBay’s push towards free or inclusive postage on all listings, the four South East Asian eBay countries are offering all their resident PowerSellers 50% off final value fees (FVFs) when they list with “free” P&P on dot com, UK, Germany, Oz, France & Italy until October 9th.

The offer is good for auction and fixed price format and sellers must have DSRs of at least 4.0 across all four criteria, and applies to sellers resident in Singapore, Malaysia, the Philippines, or Thailand.

The maximum FVF discount is tiered based on the percentage of listings offering the “free” P&P -

Percentage of free-postage items you offer FVF discount you’ll enjoy
50% or more 50% (maximum of US$3 per transaction)
30% – 49% 40% (maximum of US$2 per transaction)
20% – 29% 20% (maximum of US$2 per transaction)

These discounts are also on top of existing PowerSeller Performance discounts on FVF, which PS’s in those four SE Asian countries receive from the same list of six western countries, and on top of other discounts available to some groups of sellers …

Examples:

A Thailand-based PowerSeller listing on UK, with 50% or more of listings displaying free/inclusive P&P could be earning both the 50% discount for this promotion, and the UK’s PowerSeller program maximum discount of 40% as a Titanium PowerSeller, reducing FVFs by 90% in total.

A Singapore-based PowerSeller listing on the US, with 50% or more of Listings displaying free/inclusinve P&P could be earning both the 50% discount for this promotion, plus the US’s top-DSRs discount of 20%, plus the Store Referral Credit of 75%, giving a 145% discount off FVFs (meaning eBay pays the seller 45% of the FVF value, rather than the seller paying eBay … Major Good Result!)

This offer is exclusively for eBay sellers residing in Singapore, Thailand, Malaysia and the Philippines.  Items with free postage listed during the offer period must sell successfully by October 23 to enjoy the FVF discounts (last day to upload qualifying listings is October 9th).

The announcement states, “Check your PayPal account after December 31, 2008. The FVF fee discounts will be credited to you in US dollars.” which is fantastic – the offer is not a discount applied to the eBay invoice (which historically has rarely been applied 100% correctly) but will be cash in pocket during the cash-strapped post-Christmas/New Year period.

This, in a small and temporary way, assists all of us “out East” recover a little from the major back-stabbing by eBay UK, on 25th September, regarding the non-acceptance of overseas shops as eligible for the reduced insertion fees.  It still does not tempt me to upload qualifying listings to the UK, but I will certainly make use of the other five countries, where combination with other discounts available will yield better final discount totals than achievable on the British site.

The blog may be quiet for the next 4 days ;) … time to rev up the Turbo tool.

Ed

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2 comments
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  1. You appear to be happy about it so I am happy for you, however, not sure I got this right.

    You list by October 9th. Pay fees sometime within the next 30 days depending when your billing cycle falls. eBay then sits on your discounts for the entire 4th Quarter and you may or may not receive what you are expecting at that date?

  2. Hi Henrietta
    In reality, eBay will be sitting on the discount portion of the fees for somewhere between approx 35 and 50 days.

    OK, not too happy about that bit, and would prefer the discounts applied at point of billing, but we’re talking about a complex arrangement here – 4 seller countries listing onto 6 discounting countries, each with different qualification criteria for PowerSeller FVF discount eligibility. I agree they COULD program that in before the promotion began, but they were a little busy during September :wink: mainly trying to stitch-up shop-sellers resident outside the UK :evil:

    Besides, I like the concept of getting the cash back in a chunk just after new year (I’m always skint around that time), mind you …. if PayPal takes a chunk of it in fees, you won’t need a blog or a Skype account to hear me in Hawaii. :roll:

    Ed

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