1) Scammers & Sabotage
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There are people who deliberately target sellers to defraud them. You must cautious and aware of whom you are dealing with. This however takes time and experience to distinguish the difference between legitimate offers and fraudulent offers. Your competitors might also knock you out from eBay market place since you are threatening their good business. These people might pretend to be buyers and they bid your items, and then file a claim with eBay or PayPal by saying you were selling imitation, counterfeit, unauthorized copies until your account got suspended. In short eBay market place is dirty and full of vengeance among sellers who sell the similar items.
2) High Selling/Merchant Fees
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Sellers have to pay higher fees each year. To make situation worse, most of the fees are charged before anything is even sold. Selling on eBay or accepting payment through PayPal (eBay’s subsidiary company) involves many fees and commission rates that are deducted automatically from the closing price or through your seller account. Therefore, if you list that $2000.00 LV bag for $200.00, you will be charged at least $10.00 to list it. For an item that valuable and expensive, you will not want to take the risk of listing it too low. If you do list it low and add a reserve price, to ensure a minimum target price, you will be charged extra for that. This is how eBay makes ton of money from the sellers!
3) Time is Money
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Finding, comparing, analyzing and listing items on eBay can be extremely time-wasting that require at least more than 1 hour per transaction. Because it involves so many processes such as testing, photographs, listing, questions, etc. Often the profit made the item equivalent to slave labor if you calculate the time spent vs. the money made.
4) Over Saturation Market
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Many formal sellers might tell you that there was just too much intense competition for the items they sell on eBay. Even when you can find an original item on eBay that sells very well but it will just be a matter of time before others jump on your bandwagon. There is no exclusive right for you to sell an item on eBay, and anyone can emulate your business strategy such as type of item, item price, listing duration, shipping cost and etc.
5) Returns & Charge-backs
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According to study that an average of 5% of eBay buyers returning the merchandise. It may not be what they expected. It may not fit. They may be fickle. They may even be trying to defraud you. Failure to accept a return can cause a negative hit on your feedback and even jeopardize your future sales. If you accept payment via Credit Cards or PayPal, buyers can simply get their money back sometimes with little hassle simply by opening a dispute with their credit card company or PayPal. In most credit card or PayPal disputes, the company rules in favor of the buyer 9 out of 10 times regardless of the circumstances. When charge-backs are processed, the money is automatically withdrawn from your account.
6) Fraudulent /Invalid Payments
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Buyers may send you an unidentified and unqualified payment from an invalid or fraudulent source, (especially through PayPal) and then you ship the item only to find out days later the payment is reversed and taken out of your account automatically, without warning.
7) Non-Paying Bidders
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Unfortunately sellers are faced with non-paying bidders, people who bid on and win and auction, but never follow through and send payment. Non-paying bidders not only cause you to re-list the item again to find a qualified winning bidder, but you also waste time and money in the process. Sometimes these non-paying bidders were sent by your competitors in order to make your life tough. Sadly to say that sellers are not protected by non-paying bidders and this is one of the big flaws on eBay market place!
8) Buyer Dispute Claims
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Sometimes buyers have unreasonable and unrealistic expectations in mind when purchasing new or used items. If a buyer feels they received a product other than described, buyers can easily file a claim with eBay or PayPal, and in many cases receive a full refund, while the money is instantly taken out of your account without warning (even if there was nothing wrong with the product). Sites like eBay and PayPal are often skewed in favoring buyers over sellers (for obvious reasons), and unfortunately many buyers take advantage of this.
9) Lost/Stolen Packages
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If the parcel/package you ship to the buyer is stolen or missing in transit, sellers are actually held responsible for the package and liable to refund the money of the lost or stolen goods to the buyer (UPS, FedEx, etc. are NOT held liable to refund your buyer, even if the package is insured). Sometimes bad buyers will take advantage by claiming they did not receive the parcel but in actual fact they have received them. End up you have to resend them or worst still you refund them with full amount.
10) Bid Shilling
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A vast portion of transactions on eBay involve some form of fraudulent bid activity that is often disadvantageous to sellers. Bid shilling occurs when fraudulent bidders by assuming a different identity or by using associates to bid up the price of your auction only to cancel out at the last minute or fail to follow through and pay for the auction. These people are not more than sabotaging the sellers and discourage them to give up on eBay eventually.
***brought to you by http://www.xomba.com/10_reasons_selling_on_ebay_sucks******
I preferr amazon anyway. My experience with Ebay is not a good one.
A blog about the stresses in my life and the things I do to avoid them or better yet how to not handle them.
Showing posts with label stupid people. Show all posts
Showing posts with label stupid people. Show all posts
Monday, December 8, 2008
Saturday, November 29, 2008
Cheap Person # 10
I found that there are people out there, whose sole purpose in life is to get over on eveybody else. For example, I had this customer we will call him Bill Turner. Bill bought and item from me that I was not sure worked. I told Bill that. Then Bill wanted item shipped faster than said standard free shipping. I said fine if i can. ( my bad for not charging him, i thought i was being nice). Bill then started a disputre because the item was " not as described" and it was broke. DUH!!!. If I was not sure the item would work and you bought it anyway. Who do you think should be ass out? Well now Chad..I mean Bill wants his money back. So I charged him the extra shipping I had to send because of his whining about Parcel Post is so slow. Then he said they still wanted the games 5 games for $10. I dont think so. NOT on this planet. I was not born yesterday. Asshole. What kind of jackass would offer such a lowball price. Ebay has not only made people Cheap. But turned all of us in to selfish people. I once thought people were inherantly good. But now I think everyone is out for them selves. Hate is was Ebay brings to the table. It makes us distrust and expect a certain outcome and when we don't get what we want we cry. Like little children.
So like a bitch he open a dispute without so much as a email. Arent you suppose to communicate first, shoot second. Anyways, through some heated debate and almost name calling, I just settled . I was offering a partial refund of what he paid but not only did he eas the money he also wanted the merchanidse too. You can't have it all. Greedy Bastard!! And now I hope him and his family rot in hell. Merry Fucking Christmas!!!!
So like a bitch he open a dispute without so much as a email. Arent you suppose to communicate first, shoot second. Anyways, through some heated debate and almost name calling, I just settled . I was offering a partial refund of what he paid but not only did he eas the money he also wanted the merchanidse too. You can't have it all. Greedy Bastard!! And now I hope him and his family rot in hell. Merry Fucking Christmas!!!!
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