EBay needs more people to buy and sell stuff on its site, so it will change its listing fees at the end of March, says Reuters. Once it goes into effect, auction items with a starting price of 99 cents can be listed for free, and eBay will take 9% of the final price or $50, whichever is less.
Frequent sellers will be able to buy into a subscription plan that should reduce their listing fees as well.
That’s all great news for sellers, I guess (I haven’t used eBay in a pretty long time). But will it entice more buyers to come back to the auction site?