Budget 2010 and how it affects Online Traders

On the 24th March the Chancellor, Alastair Darling delivered the 2010 budget to Parliament which included a number of measures which will affect small businesses such as eBay sellers. The bad news is that many of the standard allowances and thresholds have been frozen for two to five years, which introduces hidden tax rises as the cost of living and inflation rises. However there are some other measures worth familiarizing yourself with which could affect your business planning. Business Taxation Changes Corporation tax for businesses with small profits (less than £300,000) remains frozen for the next fiscal year at 21 percent. This represents a discount on the full rate of corporation tax which remains at 28 per cent.  On the… Read more »

April 2010 Powerseller Changes

In February eBay announced the first of three major Seller Updates for 2010. Many of these changes are due to come into effect this April, so now is the time to be prepared for the changes and understand how they will affect you as a seller. The biggest changes are the increasing of Minimum Seller Standards and the raising of eligibility requirements for PowerSellers. Minimum Seller Standards are measured based on the number of low (1 or 2 star) DSRs received from buyers. Currently acceptable levels are 3% or 3 low DSRs for Item As Described, and 4% or 4 low DSRs for the Communication, Dispatch Time and P&P Charges. These will be lowered to 1% or 3 low DSRs… Read more »

Venda Store Testemonial: White Lodge Fabric

We have had some great feedback from one of our Vendio Store customers and are eager to share their Success: White Lodge Fabric “We are an online fabric retailer and have been using the Venda store for just over a year. We felt is was time to upgrade to a professionally designed Venda store and found frooition via eBay where we also sell fabric. “We have only had the new site for just over a month but sales are up by around 20%“ Having initially made contact the whole procedure was very quick and efficient with the final result being exactly what we wanted. Our brief was interpreted by Paul at frooition and the first draft was almost perfect. After… Read more »

eBay Business Efficiency Guide

eBay have recently released a great set of guides to helps sellers get on top of their game and become lean mean selling machines! Clearly a lot of effort has been spent on these guides and there is a wealth of great information to help sellers streamline operations and spend more time making money. Topics Include: Ecommerce Essentials Streamlined Listings Inventory Management Shipping Strategies Customer Relationship Management Business Optimization “Give yourself the time and resources you need to grow your business. By implementing the right processes, you’ll be able to streamline operations, keep your business running at a great pace, and free up time to plan for the future.” Excerpt from Powerup Efficiency Insert.pdf Read more great articles and get… Read more »

eBay Goes Green!

eBay Have launched their Green Team Challenge which encourages shoppers to purchase 2nd hand or recycled products rather than buy new in an effort to save energy and lower our carbon foot prints. “Did you realize that buying a previously-worn pair of leather shoes on eBay versus new in a store saves more energy than an average household uses in a day!” If you take the challenge on Earth day (April 22nd) then eBay will protect 1 acre of rain forest. (As well as giving you the chance to win $10,000!) We think this is a great idea and encourage you all to sign up

What is eBay Best Match?

Best Match is the process by which eBay sort search results, and the higher your listings appear in Best Match the more likely it is that a buyer will make a purchase from you. It’s important to realise that auctions and fixed price listings are sorted differently. In general auctions are still sorted by time ending soonest, but are then combined with fixed price listings to produce the final sort order (often alternately auction, fixed price, auction, fixed price, but if there are more of one type of listing than the other the frequency may vary). eBay’s initial sort order for fixed price items is according to “Best Value” or “Popularity”. eBay consider the measure of Best Value to be… Read more »

Frooition Announced as New Certified eBay Provider, Consolidating Position as World’s Major eBay Design Firm

With 2010 already proving to be a hugely busy and successful year to date in the evolution of Frooition, we are buoyed by yet another piece of significant news that the eBay Certified Provider Program has announced Frooition as a new Certified Provider helping eBay sellers increase sales with design, marketing and consulting tools and services, once again confirming and consolidating the business’s position as the world’s major recognised eBay design firm: New eBay Certified Provider – Frooition; Brings Design, Consulting and Marketing Services to eBay Sellers   New eBay Certified Provider, Frooition The eBay Certified Provider Program is pleased to announce Frooition as a new Certified Provider helping eBay sellers increase sales with design, marketing and consulting tools and… Read more »

UK officially out of Recession

The UK is officially out of recession, with GDP growing a tenth of one percent in the period October to December 2009. That’s a disappointment to economists as the forecast was for four tenths, but for the country as a whole it’s still a positive indicator that the economy is starting to recover. One worry is that the economy is still fragile and there’s the possibility of a “Double Dip” recession if the recovery stalls and GDP shrinks in the first quarter of 2010. Over the last year the economy has contracted by around six to seven percent, and without a recession growth should have been around four percent so the country has seen a loss of around ten percent… Read more »

eBay end mandatory free postage

eBay have announced the end of mandatory free postage in many categories and instead introduced postage caps. There are a number of arguments for and against sellers offering their customers free postage, the most compelling of which is that “buyers like it”, but do they? Partly the argument for buyers liking free postage is that it makes the purchase decision simple. The price you see is the price you pay, and there’s no need to do any simple addition to get the total price. However buyers aren’t stupid and they know that there is no such thing as “free”. “Free postage” should be more correctly named “Postage included”. One of the overriding reasons for eBay to back track on their… Read more »