New fee model | Ricardo charges even more for popular goods | From May, the auction platform will charge a commission of up to twelve percent for successful product categories.(Article in German)

12 comments
  1. IMHO, ricardo is killing himself. Noted allready some time ago that with this charges its a lose lose lose situation, the seller, because he earn less, ricardo because sellers jumps on other plattforms and has lesser commisions, the buyer because he pays to much for used products or just does not look anymore. ricardo was top at some point, not even ebay had a chance, but now, meeh – more and more dead.

    Instead of growing and charge lesser commissions they do the oposite. makes no sense to me. People allready selling much more in other places like facebook marketplace etc. With all disadvantages, but, its cheap/free.

  2. Well, they pushed away eBay and acquired the market. They can now boost their earnings at a cost of losing a small percentage of sellers.

    They’re a for profit business, so I assume they know what they’re doing.

    As an occasional seller, I’ll think twice if I want to use them again, but who cares, I’m not their major profit generator.

  3. Well that’s what happens with a monopoly, Ricardo dominates this segment of the market in Switzerland.

    As long there are no decent alternatives that is both user friendly and with low likelihood of getting scammed with insurance, then they’ll just keep jacking up prices to fill up their pockets as much as they possibly can.

  4. That’s a bummer since the increase of the percentage will just increase the price of the product, hence the higher fee will likely be offloaded to the buyer

  5. Honestly eBay: are you reading this!!!? If I were you, I’d run an ad campaign, slash commissions and make a massive push in Switzerland. But I guess some companies just don’t give a crap if they’re successful in a market or not. It’s like Threema when Facebook wanted to undermine Whatsapp’s privacy – they could have given the app away for free for a few months and massively increased their user base. But nope.

  6. they are making using their platform a pain in the ass, taking security deposits, security fees and even address checks. ridiculous. too complicated for such a low risk

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