I nearly fell off my chair when I read through the new Royal Mail postage costs.
Let me explain it in numbers.
I sell a vintage pattern for £2.25 that should include P&P. So for each sold pattern I receive £1.66. Yes, eBay charges me £0.59 in fees. If I list on those 80% fees reduced days of course I get more.
Postage use to be £1.15
cardboard backed envelope £0.25
A4 punched pockets £0.04
Total £1.44
I earn 22p per pattern. Yippee! (sarcasm)
If I carried on selling patterns for £2.25
It'll work out as a loss of £0.18
I will have no choice but to reduce the pattern price and charge P&P instead.
I'm sorry, but I want to make some money. I know I will not be a millionaire one day selling vintage patterns but I don't want to make a loss either.