Sunday 13 April 2008

Oil prices impact on eBay sales from the UK

Mouse has been very concerned over the rising costs of postage from the UK. Just recently the Royal Mail has reviewed its prices. The largest rise has been for packages over 2kg going overseas from the UK. Once a package goes above 2kg – it goes through Parcel Force (which is part of the Royal Mail Group). An International Economy standard 3kg parcel used to cost around £30 to the USA. Now the cost of sending that same parcel is around £50. Of course, Fedex and UPS are even more expensive.

Clearly the Royal Mail is affected by rising oil prices.

Mouse has always found the Royal Mail fast and efficient. But these price changes will make it even more difficult for some US and overseas buyers to get what they want from the UK. Mouse frowns, this will depress some eBay sales and markets for heavier items. Mouse worked this out for one of his eBay sales – a Joanna Wason pottery vase, which weighs in at just under 3kg. If an item is very difficult to come by or it is very desirable, just like the Wason vase or some very fine cheese, then this will be ok, says Mouse. Still some things one cannot put a price on, “Where is my Roquefort order?”, he mumbles and wanders off sniffing the air.

On the right is a treacle Glaze Joanna Wason vase, a rarity but expensive to ship to the US now.

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