"Microsoft is engaging in unlawful predatory practices that go well beyond the scope of fair competition."Orrin Hatch
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How To Avoid Fraud When Buying From eBay
Everything in E-bay seemed perfect: nice shopping portal, almost complete buyer's list, and a convenient place to do shopping online. In fact, it's too good to be true. If this is the case, then it's time for the buyer's warning signal to go red alert ...
Instructions on How to Put Picture on Ebay
Like many folks, you have heard of online auctions. Heck, even non-computer users have heard of Ebay. Everyone starts out as a bidder. The brave move on to be sellers. Little, by little, you learn the ropes. One of those "ropes" that seems to always ...
Using Drop Shippers on Ebay to Increase Profits
You may already be one of the thousands of Ebay business owners using online auctions to earn a living. While most people head off to work for someone else, you are living the American Dream of self-employment and making your dreams a reality. But are the ...
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You may have noticed that many sellers list PayPal as the only payment option they accept - they simply can't be bothered cashing cheques and money orders, never mind any of the other strange ways some people want to pay. Like all things in life, though, PayPal has its advantages and disadvantages. Let's take a look at what PayPal can do for you, and what it can't.
The Disadvantages.
PayPal is very vulnerable to fraud, and it's you as the seller who'll be paying the price when it happens. What's more, they do take a percentage from every transaction that you could be keeping if your buyers were paying by cheque.
You might also have noticed that PayPal come from the eBay school of customer service, enjoying such pastimes as hiding their phone number and only ever sending out automated responses to emailed queries. PayPal has an unusual number of campaigners against it, most of them people who've had their accounts frozen and had to chase PayPal for months for thousands of dollars. Some of these people recently filed a class action lawsuit against PayPal, claiming damages for lost business - and they won. This alone should make you cautious about using PayPal.
The Advantages.
PayPal is quick and easy for buyers to use, and is certainly a more secure and reassuring way to accept credit cards than signing up for your own merchant account. You'll probably also find that it's cheaper for you.
That's before you even consider that eBay buyers are more eager to buy from someone who accepts PayPal, as it saves them all sorts of hassle with posting payment and then waiting around. PayPal lets you give speedier customer service.
But Should You Use It Exclusively?
The most important thing about only accepting PayPal is, again, a matter of customer service: some of your potential customers might not have or want a PayPal account. Not everyone loves electronic payments - some fear them, and like eBay because it is one of the few places on the Internet where many sellers will accept payment by more traditional methods. Do you want these people as customers, or don't you?
You might notice that some people are aware of the issues of PayPal and refuse to use it, but still want to pay electronically. For these rare cases, it's worth opening an account at a well-known PayPal rival that has a better reputation - the current favourite seems to be NoChex (http://www.nochex.com>http://www.nochex.com), which offers free chargeback protection.
NoChex is quite a lot better than PayPal by most standards, but just doesn't have the same market penetration or convenience of use on eBay. Still, there's nothing stopping you from accepting both, just as long as you make it clear that you do on your auctions. If you find that you really prefer NoChex to PayPal, then you could offer your buyers a discount for paying through NoChex.
Once you've got the payment, the next thing you need to do is ship the items. In the next email, we'll take a look at what you should write on your eBay shipping boxes.
About the Author
Kirsten Hawkins is an Ebay and internet auction enthusiast from Nashville, TN. Visit http://www.auctionseller411.com/ for more great tips on how to make the most from Ebay and other online auctions.
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It came from eBay: GameCube development discVentureBeatIt came from eBay often focuses on weird and ridiculously overpriced auctions on eBay, but today's item is a little more affordable -- it's just useless. This weird game-development trinket is a GameCube NR (not retail) disc. |
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