EBay eyes budget boost

ONLINE auction site EBay is hoping to see a significant increase in revenue from its Irish operations this year, as it expects the number of Irish people selling items through its website to “increase dramatically” over the coming months, in direct response to the budget.

“With income tax levy rates doubled, childcare supplement due to be scrapped, and the price of diesel on the increase, e-Bay.ie is encouraging Irish people to join 24,000 savvy Irish households already making e10 a week and over to buck the downturn,” the company said yesterday.

“With the latest budget due to further stretch already cash-strapped households, hundreds of thousands of EBayers are getting their e10-a-week and we wouldn’t be surprised to see this community double during the year,” a spokesperson added.

The company — which has previously slammed Ireland for its poor broadband Internet penetration levels, compared to other countries in which it operates — has also announced a new pricing model, where so-called casual sellers can list items for sale on the website, free of charge.

After that, there is a flat 10% final value fee when the item sells successfully.

However, if the item fails to sell, the seller will not be hit with any fee.

Currently, clothing, shoes, home and garden equipment and consumer electronic goods (a satellite navigation device is, apparently, sold every minute via EBay, for instance) are the most popular items sold via the auction site.

EBay Ireland has seen a marked increase in “casual seller” numbers in recent months.


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