iOffer FEE is more expensive than Ebay NOW !

  • avatar

    by: Hendricmohan1421
    New SaleHoo Member
    5 posts

    iOffer FEE is more expensive than Ebay NOW !

    Posted 16 Jun 09 2:23 pm.

    I am also selling on ioffer for sometime and on June 1st they have doubled up their fee and thus is more expensive than eBay now. I believe there are many of us here who also selling on ebay and DO NOT KNOW about this matter yet. Below is the new fee structure they imposed :

    Effective June 1st 2009
    Transaction Amount (with shipping) Final Value Fee (FVF)
    Up to $4.99 $1.00
    $5.00 to $9.99 $1.50
    $10.00 to $24.99 $2.50
    $25.00-$99.99 10% of the final sale price
    $100.00-$1499.99 $10.00 + 5.0% of the final sale price over $100.00
    $1500.00 and over $80.00 + 3% of the final sale price over $1500.00
    Wholesale Lists, Catalogs, Product Information
    We have added a category for Business & Commercial use. This category has been designed for suppliers. A minimum final value fee (FVF) of $7.50 per transaction will apply to all items sold in this category.
    An additional $7.50 added per transaction
    Aircrafts, Boats, Cars & Trucks FREE
    Real Estate FREE
    Swaps (or trades) $1.00 (flat fee for both swappers)

    As you all can see , there's a new tyrant in the making here and below is the comment that I'VE sent to iOffer :

    Dear iOffer ,

    iOffer has recently increased your fee without any news in the announcement area and as a seller here I think this increase is ridiculous and it's more expensive than eBAY now. I'm a member of SaleHoo and it's from SaleHoo forum that I decided to use iOffer as one of my platform for selling because mainly discussed by over 50,000 members of SaleHoo is about how fair and cheap your final fee values but NOW iOffer is more expensive and unfair to sellers here .

    I will have to raise up this issue on SaleHoo's forum ( Thousands of us the sellers in SaleHoo are selling in iOffer and many are not aware of this increase yet ).

    Especially for sellers where we sell low price products (below USD5) ARE BADLY EFFECTED .For example, I'm selling ebooks at mostly USD1OR EVEN USD2.After minus out your final value fee I leave with a negative or half of my revenue GONE TO YOU ( NOT INCLUDING OTHER FEES LIKE PAYPAL YET)

    iOffer is more expensive when :

    1) The fee for Selling a USD1.00 item on ebay -

    Fixed Listing for 1 month = USD0.35
    Final Fee = USD0.12
    Cost on ebay = USD0.47

    If assuming ONLY 1 Sale ( Very unlikely only 1 sale here in ebay, normally 10 - 20 sales a month) the total cost is USD 0.47. With 1 sale on iOffer, you is already ripped off our cost and profit and we still lose $$ on Paypal fee.

    2) Selling A product cost USD180.00 on Ebay

    Fixed Listing for 1 month = USD0.35
    Paypal Fee = USD13.80
    Cost on ebay = USD14.15

    On ioffer when you sold an item cost at USD180.00 the final fee is already USD14.00.Buyer in ebay are mostly genuine and pay up while up to 90% buyers in iOffer will not pay.iOffer are charging fees upfront that ended up being refunded and earns you nothing in fee .

    The main reason many sellers use iOffer because it's a very GOOD ALTERNATIVE to ebay because many sellers including me thinks that iOffer's fee was FAIR N SQUARE
    but now iOffer came out with the revise fee structure which is not FAIR . I will have to forum this matter in SaleHoo in a short while and discuss with other sellers about this matter !

    I would rather ask my buyers to CANCEL ALL THEIR PURCHASE FROM JUNE 1ST RATHER THAN PAYING SUCH FEE IMPOSED BY IOFFER, unless ioffer be considerate to make changes in this area. I hope iOffer realised and understand that sales hit rates in iOffer is low with a lots of NON PAYING CUSTOMER (as high as 90% MOST of the time) while the same matter on ebay is only 10% non paying customer which normally got suspended by eBay for their non paying rating. iOffer is not on par standard with ebay so charging higher fees on sold item is suicidal and iOffer will stand to lose out BIG TIME! 1,000s of sellers will bring their business elsewhere or go back more seriously on ebay AGAIN ( like me ) since eBay is the EASIEST PLACE TO GET AN ORDER ON EARTH !!! BUT NOT YET FOR IOFFER.

    In fact , I have just closed my store on ebay in late May 2009 in order to seriously doing it BIG on iOffer but with the new fee structure may force me to starts back my ebay store again ( now still less than 30 days ). By the way , my former ebay store name is HANDSOMEDEALS, the same name that I USE for my iOffer store ! That's how big is my confident on iOffer UNTIL this new fee structure being put in force by iOffer in a SECRETIVE MANNER .

    I like iOffer and I hope iOffer can seriously make an admenmend to the new impose fee or stands to lose sellers like me which are making 10 times more sales in website like ebay using varieties of feature that ebay can offer .As I mentioned , I rather ask my buyer to cancel rather than paying an expensive fee or doing an unprofitable business . Alternative sites like ubid.com, atomicmall.com could be very popular suddenly and take your place as a leader for buying & selling sites after the master Ebay just because they have a way cheaper final fees.

    Your Sincerely

    Hendricmohan1421

    For those of you seriously doing your selling on iOffer, please provide your feedback so we all can be united and face this matter !

    Thanks !!
  • avatar

    by: planes
    Forum Moderator
    843 posts

    Re: iOffer FEE is more expensive than Ebay NOW !

    Posted 16 Jun 09 5:20 pm.

    I am also selling on ioffer for sometime and on June 1st they have doubled up their fee and thus is more expensive than eBay now. I believe there are many of us here who also selling on ebay and DO NOT KNOW about this matter yet. Below is the new fee structure they imposed :

    Effective June 1st 2009
    Transaction Amount (with shipping) Final Value Fee (FVF)
    Up to $4.99 $1.00
    $5.00 to $9.99 $1.50
    $10.00 to $24.99 $2.50
    $25.00-$99.99 10% of the final sale price
    $100.00-$1499.99 $10.00 + 5.0% of the final sale price over $100.00
    $1500.00 and over $80.00 + 3% of the final sale price over $1500.00
    Wholesale Lists, Catalogs, Product Information
    We have added a category for Business & Commercial use. This category has been designed for suppliers. A minimum final value fee (FVF) of $7.50 per transaction will apply to all items sold in this category.
    An additional $7.50 added per transaction
    Aircrafts, Boats, Cars & Trucks FREE
    Real Estate FREE
    Swaps (or trades) $1.00 (flat fee for both swappers)

    As you all can see , there's a new tyrant in the making here and below is the comment that I'VE sent to iOffer :

    Dear iOffer ,

    iOffer has recently increased your fee without any news in the announcement area and as a seller here I think this increase is ridiculous and it's more expensive than eBAY now. I'm a member of SaleHoo and it's from SaleHoo forum that I decided to use iOffer as one of my platform for selling because mainly discussed by over 50,000 members of SaleHoo is about how fair and cheap your final fee values but NOW iOffer is more expensive and unfair to sellers here .

    I will have to raise up this issue on SaleHoo's forum ( Thousands of us the sellers in SaleHoo are selling in iOffer and many are not aware of this increase yet ).

    Especially for sellers where we sell low price products (below USD5) ARE BADLY EFFECTED .For example, I'm selling ebooks at mostly USD1OR EVEN USD2.After minus out your final value fee I leave with a negative or half of my revenue GONE TO YOU ( NOT INCLUDING OTHER FEES LIKE PAYPAL YET)

    iOffer is more expensive when :

    1) The fee for Selling a USD1.00 item on ebay -

    Fixed Listing for 1 month = USD0.35
    Final Fee = USD0.12
    Cost on ebay = USD0.47

    If assuming ONLY 1 Sale ( Very unlikely only 1 sale here in ebay, normally 10 - 20 sales a month) the total cost is USD 0.47. With 1 sale on iOffer, you is already ripped off our cost and profit and we still lose $$ on Paypal fee.

    2) Selling A product cost USD180.00 on Ebay

    Fixed Listing for 1 month = USD0.35
    Paypal Fee = USD13.80
    Cost on ebay = USD14.15

    On ioffer when you sold an item cost at USD180.00 the final fee is already USD14.00.Buyer in ebay are mostly genuine and pay up while up to 90% buyers in iOffer will not pay.iOffer are charging fees upfront that ended up being refunded and earns you nothing in fee .

    The main reason many sellers use iOffer because it's a very GOOD ALTERNATIVE to ebay because many sellers including me thinks that iOffer's fee was FAIR N SQUARE
    but now iOffer came out with the revise fee structure which is not FAIR . I will have to forum this matter in SaleHoo in a short while and discuss with other sellers about this matter !

    I would rather ask my buyers to CANCEL ALL THEIR PURCHASE FROM JUNE 1ST RATHER THAN PAYING SUCH FEE IMPOSED BY IOFFER, unless ioffer be considerate to make changes in this area. I hope iOffer realised and understand that sales hit rates in iOffer is low with a lots of NON PAYING CUSTOMER (as high as 90% MOST of the time) while the same matter on ebay is only 10% non paying customer which normally got suspended by eBay for their non paying rating. iOffer is not on par standard with ebay so charging higher fees on sold item is suicidal and iOffer will stand to lose out BIG TIME! 1,000s of sellers will bring their business elsewhere or go back more seriously on ebay AGAIN ( like me ) since eBay is the EASIEST PLACE TO GET AN ORDER ON EARTH !!! BUT NOT YET FOR IOFFER.

    In fact , I have just closed my store on ebay in late May 2009 in order to seriously doing it BIG on iOffer but with the new fee structure may force me to starts back my ebay store again ( now still less than 30 days ). By the way , my former ebay store name is HANDSOMEDEALS, the same name that I USE for my iOffer store ! That's how big is my confident on iOffer UNTIL this new fee structure being put in force by iOffer in a SECRETIVE MANNER .

    I like iOffer and I hope iOffer can seriously make an admenmend to the new impose fee or stands to lose sellers like me which are making 10 times more sales in website like ebay using varieties of feature that ebay can offer .As I mentioned , I rather ask my buyer to cancel rather than paying an expensive fee or doing an unprofitable business . Alternative sites like ubid.com, atomicmall.com could be very popular suddenly and take your place as a leader for buying & selling sites after the master Ebay just because they have a way cheaper final fees.

    Your Sincerely

    Hendricmohan1421

    For those of you seriously doing your selling on iOffer, please provide your feedback so we all can be united and face this matter !

    Thanks !!
    If this is the case than it is a sleazy move by Ioffer. Almost seems like they are trying to backdoor sellers with the fees. 20% to 30% is a high fee for a 5 and under sale.
  • avatar

    by: bevsey123
    SaleHoo Master Member
    235 posts

    Re: iOffer FEE is more expensive than Ebay NOW !

    Posted 16 Jun 09 9:00 pm.

    Do you think ioffer will actually care about that email?

    If you don't like the fees then sell elsewhere or find a product with a better margin.
  • avatar

    by: timg311918
    SaleHoo Senior Member
    66 posts

    Re: iOffer FEE is more expensive than Ebay NOW !

    Posted 17 Jun 09 12:00 am.

    Maybe all the 1,000,000 chinese scammers will stop selling there then...lol

    Btw Ioffer has been the biggest pushover company ever..they don't make you pay your bill at all! I sold a good amount of product there and took a 6 month break...came back to a 5th month late invoice..and they don't even restrict your account or anything..I then sold a bunch more recently and now I closed my account out due to my large invoice and the new fee structure...never paid a dime.
  • avatar

    by: dreamcatcher
    SaleHoo Senior Member
    116 posts

    Re: iOffer FEE is more expensive than Ebay NOW !

    Posted 24 Jun 09 5:29 pm.

    IOFFER IS A JOKE!!!!!! THEY NEVER ANSWER EMAILS, THEY DO NOT HAVE A KNOWN PHONE NUMBER. ITS 95 OVERSEAS SCAMMERS WITH COUNTERFIT BRANDED PRODUCTS. IVE BEEN WONDERING HHOW DO THE SELLERS NOT GET SUED BY SOME OF THE BRANDS THEY ARE COUNTERFIT MARKETING. ANYONE KNOW???????
  • avatar

    by: bacpro
    SaleHoo Master Member
    330 posts

    Re: iOffer FEE is more expensive than Ebay NOW !

    Posted 9 Jul 09 3:50 pm.

    I have over 100 items on ioffer & don't get any sales, Maybe once in a while but nothing to be concerned about.

    YES most of the time when I do sell something they don't PAY!
    AND
    They get NO Traffic

    John(bacpro)

    J Baca
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  • avatar

    by: dwmgoods35
    SaleHoo Master Member
    315 posts

    Re: iOffer FEE is more expensive than Ebay NOW !

    Posted 9 Jul 09 4:04 pm.

    Yeah I agree with bacpro, I have around 100 items and made one sale back in april but the buyer never paid. That site seems to have more scams than ebay these days but I do know that ebay is the worse of evils. By the way don't know if you guys have seen this but on auctionbytes.com it says that ebay's traffic is at an all time low from Feb to April and year by year is at low's. Maybe these guys will wake up one of these days!