eBay Introduces More Affordable Shipping Solution for Selling Trading Cards $20 and Under

Rhea-AI Summary

eBay is launching a new shipping service, the eBay standard envelope, in January 2021. This service allows U.S. sellers to ship trading cards priced $20 and under for less than $1, including tracking. The initiative aims to help sellers increase profits on low-priced cards and comply with shipment tracking standards. eBay reports a 300% increase in trading card sales over five years, with over 45 million cards sold in 2020. The service offers cost savings and enhanced seller protections, promoting a robust marketplace for trading cards.

Positive

• New shipping service reduces costs to less than $1, saving up to 70% compared to USPS First Class Package Service.
• eBay reports a 300% increase in trading card sales over the last five years.
• In 2020, over 45 million trading cards were sold on eBay, reflecting significant market demand.

Negative

• None.

SAN JOSE, Calif., Dec. 8, 2020 /PRNewswire/ -- eBay, one of the world's largest online marketplaces, is introducing a low cost way for sellers to securely ship trading cards. Beginning January 2021, the new shipping service, eBay standard envelope, allows sellers in the U.S. to print labels and ship trading cards priced $20 and under and up to 3 oz., in an envelope with tracking included, for less than $1.

"eBay has been a trusted leader in the collectibles business for nearly 25 years, and we are continually working to deliver enhancements that meet the needs of our sellers," said Nicole Colombo, Head of Collectibles at eBay. "Our hope is that eBay standard envelope will allow sellers to make more money on low-priced single cards and allow them to meet our shipment tracking standards."

Trading cards on the rise
Recent eBay data shows that collecting and selling trading cards is a continuously growing hobby. Compared to just five years ago, trading cards sales have risen almost 300 percent on eBay. In 2020 alone, eBay has sold over 45 million trading cards. This new shipping service will benefit the millions of buyers and sellers growing their sports and non-sports trading cards collections on the marketplace.

As affordable as a stamp, with extra perks included
In addition to great savings on shipping, eBay standard envelope has the following benefits when buying and selling:

• Cost-effective Shipping Method: eBay standard envelope will cost less than $1, with savings up to 70% over USPS First Class Package Service shipping costs, plus includes shipping protection.
• Ship items with ease: Once the item sells, sellers simply print the label using eBay Labels and hand-off their shipment to USPS.
• Avoid lost items or items not received: Many sellers simply use postage stamps for low-priced trading cards, which doesn't provide tracking. With eBay standard envelope's included tracking, buyers and sellers can rest assured their trading cards are going to the right place, without hassle or complications.
• Top Rated Seller Status: With integrated tracking, sellers can now qualify for eBay's Top Rated Status along with the 10 percent discount, badging and additional eBay protections.
• Larger Seller Inventory: eBay standard envelope makes it easier to make money on sales of low-priced single cards in addition to high-value cards.

The beta launch for the new shipping service will be available January 2021 for sellers in the U.S. with plans to expand to new categories in the future.

About eBay
eBay Inc (NASDAQ: EBAY) is a global commerce leader including the Marketplace and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity for all. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.            

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SOURCE eBay Inc.

FAQ

What is the eBay standard envelope shipping service?

The eBay standard envelope is a new shipping service launching in January 2021 that allows U.S. sellers to ship trading cards priced $20 and under for less than $1, including tracking.

When will the eBay standard envelope service be available?

The eBay standard envelope service will be available to U.S. sellers starting in January 2021.

How much does it cost to use the eBay standard envelope service?

The shipping cost for the eBay standard envelope service is less than $1.

How does eBay standard envelope benefit sellers?

The service helps sellers make more profit on lower-priced trading cards by providing a cost-effective shipping option with tracking.

What growth has eBay seen in trading card sales?

eBay has seen nearly a 300% increase in trading card sales over the past five years, with over 45 million cards sold in 2020.