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Thinking of Selling on eBay using Paypal? Think Again

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Re: Thinking of Selling on eBay using Paypal? Think Again

#61

The whole tech culture is also to blame. I'm sure there have been a LOT of great alternate ebay, paypal start ups who just didn't get traction. Bloggers won't talk about you if you haven't raised a million and you won't get much traction on google without bloggers or spending major bucks. My Dreamybids.com site for example, is an awesome service that uses the quibids model. It allows anyone to host their own auctions…

>10 people pay $20 to participate in the auction

That doesn't seem like an auction and to be honest I don't really like the idea either.

Re: Thinking of Selling on eBay using Paypal? Think Again

#62
post #15

Earlier quoted context omitted.

Which in this case is zero, because eBay is rife with scammers preying on the *well-educated? Gazelle and Amazon present almost zero risk to the seller, hence the price differential.

The chance of getting scammed like this on eBay is less than 2% (maximum chargeback rate) Hence you are better selling 100 iPhones on eBay and taking the hit for two then sell all 100 on gazelle and not.

It's less than 2% in the aggregate across eBay, but it's probably significantly higher for small high-value electronics like recent smartphones, especially if you're a small seller relying on eBay to detect scammers.

Re: Thinking of Selling on eBay using Paypal? Think Again

#63

This article goes into my "arguments for Bitcoin" pile. More sellers need to recognize the risks involved in doing transactions through PayPal/any other credit card processor and protect themselves.

And what about if the OP here was the buyer, and received a broken phone?

Then what?

Re: Thinking of Selling on eBay using Paypal? Think Again

#64

Earlier quoted context omitted.

>If you're selling something like an antique grandfather clock, you should be fine. Paypal orders buyer to destroy antique violin: http://www.regretsy.com/2012/01/03/from-the-mailbag-27/

One bad incident out of millions doesn't set a precedent.

One could say the same thing about OP's post. Yet, it isn't unique by a long shot.

I've also given up on selling via CL because of the scammers. Now I donate to the local Goodwill or other charity (women's shelters want cellphones, for example), and take the tax write-off.

Re: Thinking of Selling on eBay using Paypal? Think Again

#65

Earlier quoted context omitted.

Shameless plug; we've built one for automotive enthusiasts: https://www.styckyd.com Our target is to serve the C2C market and make shipping less painless as well as eliminate some of the risk on the buyer's side. With the current climate for buying goods online companies serving the space are at risk for opening themselves up to scams like this one by buyers. The reality for anyone accepting credit cards is that you'…

How do you pronounce that?

just like it's spelled.

Re: Thinking of Selling on eBay using Paypal? Think Again

#66

The whole tech culture is also to blame. I'm sure there have been a LOT of great alternate ebay, paypal start ups who just didn't get traction. Bloggers won't talk about you if you haven't raised a million and you won't get much traction on google without bloggers or spending major bucks. My Dreamybids.com site for example, is an awesome service that uses the quibids model. It allows anyone to host their own auctions…

>10 people pay $20 to participate in the auction That doesn't seem like an auction and to be honest I don't really like the idea either.

Then you are part of the innovation problem. You could be the one auctioning a service instead.

Re: Thinking of Selling on eBay using Paypal? Think Again

#68
The limiting factor is the buyer's reputation with his credit card company. If he is repeatedly doing chargebacks people hopefully a credit card company will notice and not take his side or better yet, not issue him credit. The idea is that credit card companies also do not want to have this person as a customer, and probably this is a new scam he dreamed up, not an ongoing one.

Re: Thinking of Selling on eBay using Paypal? Think Again

#70
PayPal screwing over their users? That's new!

In all seriousness though, PayPal does need to get their act together. I've lost easily lost a few hundred through various transactions over the past couple years because of things like this - But there are so few options that are available to the mass public that it's hard to move away from them as a seller.

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