he United States Postal Service announced a proposal for rate increases back in October 2019. The proposal was approved, with increases across the board that would go into effect in February 21, 2019. Stamps go up 1 cent, Mailing Services product prices go up approximately 1.9%, and most Shipping Services products go up 3.9% on average.
As expected, eBay followed suit with an announcement on their rate increases. eBay gives its sellers a discount on USPS shipping when you purchase shipping labels through them and since USPS prices will go up for everyone, it makes sense that eBay will increase prices for its buyers as well.
An overview of the changes to eBay’s negotiated discount pricing can be found in the table below and additional savings details are available on ebay.com/usps. Once USPS increases their shipping rates on February 21, 2019, the eBay shipping calculator and discounted eBay labels rates will be updated automatically.
|Class of Service||2017 Avg USPSRetail Rate||2018 Avg USPSRetail Rate||2018 Avg eBaylabel rate (eTRS)||2018 Avg eBaylabel rate (non-eTRS)|
|First Class Package Service®||$ 3.64||$ 4.05||$ 3.12||$ 3.12|
|Priority Mail®||$ 10.40||$ 10.53||$ 9.06||$ 9.32|
|Priority Mail Express®||$ 31.15||$ 32.34||$ 27.80||$ 28.65|
|First Class Package International Service®||$ 16.60||$ 17.25||$ 14.76||$ 16.39|
|Priority Mail International®||$ 54.03||$ 56.13||$ 46.91||$ 53.32|
|Priority Mail Express International™||$ 67.18||$ 69.80||$ 53.05||$ 66.31|
This is not a big increase when you look at the numbers and likely will not make a big difference for the occasional seller who will end up paying a few cents or even a dollar more. However, for sellers with lots of volume, every cent matters so this rate increase will surely cut into profits. Not much you can do about it though, so we all will have to pay these new rates.