Concerns About New Ping and Marketplace Fee Changes for Buyers and Sellers
I have recently returned to selling on Trade Me after being away for a while. Previously, the model felt straightforward. Sellers paid success fees when an item sold, and that was the primary revenue mechanism. I understand and support the need for the platform to be profitable. However, the current direction of combined payment and listing fees feels like layered charging at multiple stages of the same transaction.
I also noticed this message now appearing under listings:
“To celebrate the release of our seventh Circular Economy Report, from 12–22 February, we are removing Success Fees for casual items in Home & Living and Clothing & Fashion. We are also experimenting with a small Service Fee in these categories charged to buyers for payments made via Ping on casual seller listings.”
Removing success fees for a few days reads more like a short promotional offset than a real saving, especially when new buyer service fees and uncapped seller Ping fees are being trialled at the same time. The net effect appears to be a shift in how fees are collected, not a reduction in total cost.
At the same time, buyers and sellers are increasingly being pushed toward Ping by limiting meaningful support and protection for bank transfer transactions. That effectively removes a no-fee payment path and replaces it with a paid one.
Current payment fee structure
Proposed buyer Ping service fees:
$0 to $20 free
$20.01 to $100 = $0.99
$100.01 to $250 = $1.99
$250 and above = $4.99
Seller Ping fee:
2.19 percent of the total payment amount, including shipping.
This means sellers are paying a percentage fee on courier costs as well as the item price.
Marketplace listing and selling fees now include
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Success fees up to 11 percent for in-trade accounts, compared with around 7.9 percent for casual sellers
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Only 50 active listings free
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$0.10 per new listing above the free allowance
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$0.50 relist fee per listing beyond the free allowance
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High volume listing charges depending on sales volume
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Withdrawal and upgrade fees depending on category
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Extra charges for longer listing durations
Simple volume example
If a seller has 500 listings and only 50 are free, that leaves 450 charged listings.
If those 450 listings are relisted at $0.50 each, that equals $225 per relist cycle. If this occurs weekly, that is about $225 per week, roughly $900 per month, and over $11,000 per year in relist fees alone, plus listing exceed fees. This is before any items even sell.
Optional extras not included in the above totals
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subtitles
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gallery and gallery plus
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feature and feature combo
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reserve fees
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second category fees
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scheduled end time fees
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10-day auction upgrades
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other visibility boosts listed in the fee schedule
When listing exceed fees, relist fees, higher success fees, Ping percentage fees, Ping fees on shipping, and buyer Ping service fees are combined, the total cost per transaction rises significantly for both buyers and sellers.
Trade Me also earns revenue from advertising placements and promoted visibility across the platform. Given these additional revenue streams, it would be helpful to understand why multiple new per-step user fees are being added at the same time.
Questions that would benefit from clarification
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Why are percentage fees being applied to shipping amounts paid to third-party couriers?
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Why reduce practical support for bank transfer instead of keeping it as a genuine no-fee option?
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Has Trade Me published impact modelling for small and casual sellers versus high-volume or business sellers?
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How is the total fee burden being evaluated against seller retention and marketplace competitiveness?
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How are sellers being incentivised to continue listing under the higher total fee load?
I am not against Trade Me making money. I am concerned about fee stacking and the cumulative impact on everyday users. Greater transparency around the total effective cost per sale would help the community properly evaluate these changes.
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Excellent questions.
Who owns PING?
Who owns Trade Me?
Who owns our personal information?
Why are we not been fully informed who these people are?
All they all compliant with wider legislation, including in relation to collection of information - be mindful PING is unlikely to have direct access to our personal banking to enable Due Diligence or Enhanced Due Diligence for Match, Partial Match or No Match
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Callum Community Superuser
I can try to answer your questions ElaysianLane
1. Trade Me say the fee was added to shipping costs because sellers were loading up the shipping cost, and reducing the item price to avoid fees. So you could get sellers offering an item at $1 with a $90 shipping charge and paying no fees.
2. Trade Me say it is to reduce risk. When you pay with Ping you get Buyer Protection. Trade Me covers you in the event of an issue or on delivery. If you do a Bank Transfer you don't get any protection if the seller takes the money and runs.
3. Not that I am aware of
4. I am sure they will be analysing sales over this week.
5. Sellers are being incentivised by removing the success fee.
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Callum Community Superuser
Howold
Ping is owned by Trade Me
Trade Me is owned by the UK private equity company Apex Partners
You own your personal information, except that which you have agreed to share in the T&Cs when you signed up to use this website.
There is extensive information on who owns Trade Me, you are fully informed if you look. It is not as detailed as it was when publicly listed, but it surprises me just how much financial data they DO share. They are not obliged to.
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AJ Community Superuser
Also note that the forced use of PING is only from 12–22 February, and only in the Home & Living and Clothing & Fashion categories
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"only" it should be a choice of Opt In not the use of coercion which is an indicator of an unequal relationship... something we in NZ have strongly worked on over the years in society to ensure "balance" of rights and fair treatment, including with The Fair Trading Act which one may assume PING & Trade Me both adhere to?
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Callum Community Superuser
Howold, the FTA only applies to businesses, so it wouldn't have any bearing here on casual sellers which this promo applies to. In-trade sellers also have Ping mandated. It has been examined by the Commerce Commission, and no action was taken, at least not yet. So from that you can probably assume everything is compliant.
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AJ Community Superuser
If you dont like the treatment or terms, simply dont use them - noone is forcing you to be part of the "relationship". A business can set whatever terms they like so long as they dont contravene any laws
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HowoldEdited
Precisely why we choose not to use Ping, airwallex, bitcoin or Coinbase either, however when Trade Me doesn't provide an Option to not use Ping that is a question to be examined.
Yes it's our Choice, which btw the UK AND Australia have whereas we in NZ have Consumer!
To others in here, take the time to read Sunstein, Thaler and NUDGE Theory books
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Ping isn't just forced in those catergories, I was going to list a jigsaw but was going to make me use ping so I didn't list it
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Callum Community Superuser
Just ran a test kilpatricks. Can unselect Ping. All I can think of is that you tried listing your jigsaw in an incorrect category.
It should be in Toys & Models if you weren't aware.
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HowoldEdited
It "should" ?
Really Callum, perhaps it's a Collector's item or under Board Games that they are trying to list.
None of us are Robots, nor mind readers.
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Callum Community SuperuserEdited
Neither board games or collector's items are part of the promo with Ping selected as mandatory, so that wouldn't affect it either.
Until/If kilpatricks comes back with an update we won't know further.
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