Ebay and Paypal

[Park88]

I was shocked when i finally managed to sell an item in EBay

 

I sold an item for $35

Ebay charge me about $7.00

Paypal charge me about $2.60

 

furthermore they charge me for charging shipping

 

THE CHARGES TO SELL SOMETHING IS SO RIDICULOUS

WHY BOTHER TO HAVE SEPARATE SHIPPING CHARGE WHEN EBAY ALSO TAKES A COMMISSION

 

I REALLY DONT UNDERSTAND WHY PAYPAL CHARGES SO MUCH

THEY ARE HOLDING MY MONEY AND EARNING INTEREST

AND WHEN I WANT TO TAKE THE MONEY OUT

THEY WILL CHARGE ME CONVERSION FROM US TO SING DOLLAR

THEN ANOTHER BANK SURCHARGE

 

IN THE END THERE IS HARDLY ANYTHING LEFT

 

is this the normal practice

 

in short

i already lost money on sell on ebay

furthermore lost money on shipping charges, ebay tells us to be fair with shipping charges i did and kena s c r e w ed

 

paypal is the worse

dont know what they do and charge so much

 

[Yeobh]

Where did you list yr item? If you sell in S$ in ebay spore, the listing is free unless you are using some other selling features. Looks like you have limited experience in selling online , yr first sales ?

Edited June 12, 2011 by Yeobh

[Vhtfhwlego]

IN THE END THERE IS HARDLY ANYTHING LEFT

Rule of the thumb, if that you think that you are selling item for usd 35.00 = sgd 50.00, you will feel that you had been shortchanged by evilbay & paypay.

I priced my item at a direct 1-1 exchange rate as it is the best formula.

BTW, do you know that the USD withdrawn rate by paypay is about 3% less than what banks/money changer offers? Don't be surpise that when you click the withdrawn, you end up pennyless.

[Vhtfhwlego]

I had stopped selling in eBay international as they made me uncompetitive compared with sellers from USA/UK/Australians. Only local markets but some locals are just too demanding as I have incidents for a mere $10 G/P, need to hand...

[Yeobh]

Most of the local online buyers still don't appreciated the convenience of buying online and making payments via paypal or iBank. And most sellers will deliver the goods right up to the doorsteps.

[Park88]

Where did you list yr item? If you sell in S$ in ebay spore, the listing is free unless you are using some other selling features. Looks like you have limited experience in selling online , yr first sales ?

yes

[Park88]

any idea or brilliant ideas on how to

sell honestly without having to donate to ebay and paypal

until bankrupt

 

[Jman888]

Confirm the deal and meet to collect cash.

[Yeobh]

This is a 101 $$ question and every online sellers are looking for the answer. No easy way out, you just have to pay to learn. It took me more than 2 years to learn "on the job" and earn the powerseller logo.

When I start getting comfortable, ebay starts revamping the selling landscape again and now I am back to square one trying to unlock the new selling technique.

 

[Yeobh]

This is a very common among local buyers which I will not agreed, as it is time consuming.Many instant of buyers fail to tune up or last minute cancelling the appointment.

[Park88]

local market very small

furthermore i once sold something long long time ago

confirm price and meet at raffles place

then when meeting

the buyer ask for 20% discount if not dont want to buy

 

i got so cheese off that

i just walk away

 

these type of buyer also got

 

[Yeobh]

Lesson #1 don't do meet up if you are serious seller . If you must make sure the buyer make pre-delivery payment before appointment.

Local online buyers are not many and are also not very active in repeat buying. In such marketplace,you have to be the niche product leader to attract buyers and cream the market.

Edited June 12, 2011 by Yeobh

[Park88]

so difficult to sell

keep marking down price until near zero

then got bit

by then

listing fee and so on add up

 

in the end sold item at a big big lost

 

the listing fees just keep adding up without us knowing

[Freestylers09]

last time i did this

 

use ebay to put the products,then list my contact and email to pay etc

 

no need up my rating etc..coz i dun do long term in ebay

 

easy and direct...

 

 

[Yeobh]

To be a serious online seller, you need to list at least 100 items to get the selling economy of scale. I prefer to have 300 items or more ( no repeat listing)

[Park88]

last time i did this

 

use ebay to put the products,then list my contact and email to pay etc

 

no need up my rating etc..coz i dun do long term in ebay

 

easy and direct...

ike that may kena ban

 

[Park88]

how to be a serious seller

i want to learn

 

went to this adam school

paid money

teach rocks

 

wasted money

teach like everything taken from books

eg dummy books

[Park88]

To be a serious online seller, you need to list at least 100 items to get the selling economy of scale. I prefer to have 300 items or more ( no repeat listing)

to list 300 items

if all dont sell

mari kita

then how