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They do not have to provide any evidence for this. So they file a paypal claim and say “it didn’t work” and say it was “not as described”. Not only did the seller actually lose money by selling on ebay, but additionally 1 or 2 months later the shady buyer then decides they don’t want the item anymore. Sellers lose money and make $0 profit on eBay
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And this was for selling an item at more than double the purchase price. When the seller finally looks at their bank sheet and adds up the cost of researching the product to sell, the cost of packaging and shipping the item, and finally the near 30% – thirty percent – “fees” taken out by ebay and paypal fees, the seller is shocked to discover that for all their work and effort, they actually lost money on the sale. Further, there is also the paypal fees taken out which is a significant percentage of the sale – usually around 3% or so.
#Wow tsm4 not selling at normal price free#
On top of this, if the seller offered free shipping, then shipping costs also cut into the profits. Today, however, after being tricked into listing a bunch of items for “free” – that is, no up-front fees for the first few items, sellers are shocked to discover that ebay alone now charges over 20% of the final selling price of the item. This number kept rising, but for awhile it was bearable.
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However, by the time all is said and done, they are in for an extreme disappointment.ġ5 years ago during ebay’s heyday, the total percentage taken out in ebay fees was a few percent. In the desire to start their own business, some of these entrepreneurs are trying out ebay for the first time. As a result, still needing to pay the bills, many are trying to turn to self-employment. With over half of America unemployed, many people have given up searching for jobs altogether. While many, even most, people had jobs 15 to 20 years ago, today over 50% of Americans are unemployed (ignore the “6%” number that is often thrown around which is extremely deceptive and not true at all). For the first time, outside of yard sales which are not really respectable, buyers around the country had a new market to find unique and even rare treasures that would never have otherwise been available.įlash forward to today. For some buyers, ebay was a lot like treasure hunting. This was another boost to the economy.Īlso, many things that were laying around people’s houses which was trash to them, was treasure for someone else. Buyers could buy the used version of things for a lot cheaper than a brand new item but that worked just as well.
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For one thing, many things were cheaper on ebay than at the store. Everyone from moms who made creative things, to families looking for an alternative way to unload all their things they had laying around the house, to real small businesses buying and selling things for a profit. A long time ago eBay was once good for small businessesĪs a result, people everywhere were starting small businesses, because ebay was a viable and relatively easy and straightforward way to sell things online. The profits gained from ebay sales really helped them in their lives and boosted their standard of living. The job was rewarding personally, but didn’t pay well. These adults were middle-class, hard-working people on a low salary who worked a grinding low-paying 9-5 job. I remember as a kid hearing the adults talk about how they were able to make and sell things on ebay and how much it helped their bank account. When eBay first started, it was a huge boost to the economy and small businesses everywhere.