Why I Quit Selling On eBay!
I've Had It With eBay!
Are you an avid eBayer? Are you making any money selling on eBay? I'm not! I've had it with selling on eBay!
If you scroll down, you'll find some of my most recent sales. While they will give you one of the reasons that I'm through selling, there are more. It seems that every time I turn around, eBay is coming up with new rules that make selling more difficult.
I remember the "good ol days" with eBay. I joined shortly after they started their auctions. Before they went public and started selling shares. It was a lot of fun back then and once you started selling, you were hooked. It was really nice that you could buy and sell with people from all around the world!
Personally, I think that they have just gotten so big that they are no longer worried about keeping their members happy. That they have so many members that they could care less if they lose some of us.
I would love to see another auction site that worked like eBay and could give them some honest competition, but it won't happen because people who sell on eBay are not willing to give another auction site a real chance. While some will list a few items on another site, they put such high starting bids on them that no-one will bid.
Yes, I know! This is because they don't feel that the new site has enough bidders to get the prices as high as they would like. Apparently they forget that eBay didn't have all that many bidders in the beginning either. But then, if people keep having sales like the ones that I have listed below, maybe the other auction sites will finally get their chance.
As we all know, PayPal is just another part of eBay. When PayPal was first introduced, it appeared to be a good way of buying and getting paid for items sold on eBay and it grew to the point that it is now the best way to buy or sell anything on the internet.
Now, like eBay, they seem to want complete control over our finances! If you don't know what I mean, I'll explain.
Like most of you, I joined PayPal several years ago as I bought and sold quite a bit on eBay. Now I buy but sell very little. At first I thought that it was great. Then I started getting notifications that I needed to get my address(or account) verified.
To do this, I either needed to connect my PayPal account to my bank account or get a PayPal credit card. As I do not use my bank account for anything connected to the internet, I opted to get a PayPal credit card and my PayPal account got the "verified" seal of approval.
This went just fine for a little over a year, then I started getting notifications from PayPal once more saying that I only had xxxx amount of dollars that I could buy through my PayPal account unless I got my account "verified"! That if my account was not verified, there was a limit of $2000 that I could use to buy through PayPal and I only had another $35 before I reached that $2000 limit.
Naturaly, I called PayPal to see what was going on as I had a few hundred dollars in my account. Not $35! I was told that it did not matter how much money I had in my account. If my account was not varified, I could not pass the $2000 dollar spending limit.
They said that I needed to connect my PayPal account to my bank account or get a PayPal credit card. I told them that my account had been verified before and that I had a PayPal credit card! The lady on the phone said that it did not show that I had a PayPal credit card so she would connect me with that department and they could get the whole thing cleared up.
The people controlling the credit card told me that I had not used the credit card so they had cancelled it. I had not been notified of any cancellation and we all know that any time a credit card gets cancelled, it messes with your credit rating so I was a little upset. When I asked to get the credit card re-instated, I was told that they could not do that. That the only way to get the credit card back was to change my PayPal account to a different email and re-apply.
While I'm not sure how I will get this handled, I know that I'm not going to trust an outfit that works in this manner with my bank account! I still do not have the answer to the question of what happens with the money in my account if I'm only allowed to spend another $35?
It is as if PayPal or eBay is demanding that you get their credit card and use it or else! Wish I knew a good lawyer as this can not be legal. Has this happened to any of you? Any good lawyers looking to take on a class action lawsuit?
Latest News Flash!
Pretty soon there won't be any reason to visit eBay! Their latest "revision" says that if you charge shipping fees, they will add the cost of the shipping to your fees.
Does that mean that the buyer will still be paying for shipping and eBay will be charging you for shipping also? Since when is eBay delivering mail??? How can they charge for a service that they are not providing???
I feel a lawsuit coming on!
I left the following comment but it hasn't appeared on the site as of this time:
It's crazy! Look at all of the items that sell for a couple of bucks on eBay. If your item sells for a buck or two, how can you pay eBay fees plus four or five bucks for postage?
I think eBay is trying to get only high priced items listed. Less hassle for them and larger fees.
Time for everyone to look for new auction sites. Give eBay what they are looking for. If everyone who lists and buys lower priced items leave eBay, they won't have people looking at the higher priced items either.
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How Can You Make Anything?
It's a little hard to make anything selling on eBay when your fees add up to more then the price that you sell an item for.
I received the eMail from eBay saying that listing fees were free for a short period, so I decided to give it one more try. Here is an example of my sales with "free listings":
Vintage Compact w/mirrors! Bakelight??
Final price: $0.49 --- (Auction) 190497096418 --- Feb-05-11 07:00:18 PST --- Final Value fee US $0.04 --- PayPal fee $0.39
Total fees --- $0.43, Sale Price --- $049, --- What I Made On Item --- $0.06!
Authentic Vintage Native American Scraper! Arkansas
Final price: $0.49 --- (Auction) 190497093986 --- Feb-05-11 06:47:50 PST --- Final Value fee US $0.04 --- PayPal fee
Authentic Vintage Arrowhead! Arkansas
Final price: $1.50 --- (Auction) 190497092500 --- Feb-05-11 06:40:22 PST ---Final Value fee US $0.14 --- PayPal fee $0.40
Total fees --- $0.54, Sale Price --- $1.50, --- What I Made On Item --- $0.96!
Iowa Republican Caucus Button! 2008
Final price: $0.49 --- (Auction) 190497088223 --- Feb-05-11 06:21:35 PST --- Final Value fee US $0.04 --- PayPal fee
If there would have been "listing fees", I would have ended up paying to sell a few of these items!
Why were my fees so high on an item like the first one that sold for $0.49? Because PayPal charges were not only for price I received for the item, but also on the price that was paid for shipping! Yes! PayPal (eBay) also gets a percentage of the shipping costs!
Be Cautious When Buying From China
If you plan on bidding on items from China, be aware of the pit-falls!
While there are many honest sellers in China, there are also a lot of sellers who are just out to take you. my apologies to the honest sellers because there is really no way of distinguishing the honest sellers from the frauds.
Feedback? Don't count on it! The dishonest sellers will keep stinging you along with stories of how it must be held up in the mail until your time for filing against them has past. They'll even give you fake tracking numbers. Or, you'll get emails that beg you to "Please don't give negative feedback because it's the fault of the mail services." Of course, there are eBayers that won't give anyone a negative feedback just because they are afraid of retaliation in the form of getting negative feedback themselves.
Never receiving your items is only one of several problems with buying from China. Another is that if you are the only bidder or the winning bid is less then what the seller wants for the item, they will just ignore the sale. When and if you complain, they will quickly blame it on the mail and refund your money so that you won't give them a negative feedback. In this way, they will not have to sell their items for the low sale price and still not get a negative feedback or complaint filed against them. These people deserve a negative feedback! They have just found a way to get around eBays "safeguards". If you list an item for sale, you have to realize that it may sell for less than you want for it. You are still obligated to sell to the high bidder!
When buying from China, you also need to be aware of the fact that when an item from China is said to be silver, gold, jade or bone, it is not necessarily true! Here are a few things to watch for:
Silver: Items from China that are said to be silver are probably what is really Tibet Silver! Tibet Silver has less then 30% real silver. Even items marked 925 may just be only plated with silver.
Gold: Item that are said to be gold are usually only gold plated or gold in color.
Jade: Jade from China could be made from many different ornamental non-jade rocks and it is widely understood by native speakers that such stones are not, in fact, true precious nephrite or jadeite but this is not made apparent in the eBay listings.
Bone: Many items listed on eBay are said to be made from "hand-crafted ox-bone". All this usually means is that some ground-up ox-bone is mixed with a resin and hand-poured into a mold by someone. Don't be fooled into thinking that you will be getting a valuable, hand-carved piece of Chinese history. The item was probably only made a few days or months ago and are only good for tourist souvenirs.
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I'll Still Buy On eBay!
Even though I can't justify trying to sell anything on eBay, I must admit that I still find some good buys. Here are a few catagories that I like.
The bestsellng guide to successfully buying and selling on eBay, fully revised and updated
eBay is the world's #1 shopping and selling site, where millions find bargains and make money with their own sales. Marsha Collier is the #1 eBay expert and bestselling author, with more than a million copies of her books in print. And eBay For Dummies has been the bestselling book on eBay since the original edition in 1999.
Thoroughly updated to cover all the changes in the eBay site, eBay For Dummies, 6th Edition gets you started with information about signing up and navigating the site. It shows you how to find the best bargains, bid to win, and complete your purchase securely. Then it guides you into become a successful eBay seller, showing you how you can pick up extra money in a tight economy with eBay sales.
Covers how to find bargains on eBay, bid successfully, and pay for your purchases safely
Helps new users become comfortable with the site and shop with confidence
Shows you how to set up a seller account, list items, offer customer service, ship merchandise, and receive payment securely
Prepares you for other issues that may arise
Explores eBay's special features, showing you how to work within the rules, use the community, and even set up a charity auction
Includes insider tips on becoming a better buyer and seller
eBay For Dummies, 6th Edition prepares you to save money on your purchases and make money on your sales, all from the comfort of your home.
From the Back Cover
Cash in on the eBay phenomenon! Bag big bargains, sell like a pro, and make a profit
What's better than saving money and making money, all without leaving home? That's what eBay is all about, and this bestselling, fully updated guide covers all its newest features. eBay expert Marsha Collier shows you how to use My eBay, make smart bids, conduct your own auctions, market and ship your stuff, handle privacy issues, and keep everything safe and legal.
Feel at home — get registered, find your way around the site, and customize your My eBay page
Be a savvy collector — find out how to identify real deals on collectibles and learn what people are buying
Join the community — share ideas in discussion groups and use the Trust & Safety resource
Become a stellar seller — learn to determine what your stuff is worth, when to list it, and how to make it irresistible
Picture perfection — get tips for photographing your items and showing them to best advantage
Mind your business — keep track of items you're bidding on, items you've won, and items you're selling
It's a wrap — complete your auction, accept payment, ship your items, and manage feedback
Keep the tax man happy — maintain the proper records and keep yourself out of trouble
Open the book and find:
How and why to give feedback
Secrets for great item listings
When to bid for the best deals
Cool sites and software to make using eBay more fun
Ways to keep yourself safe when selling or buying
How to communicate effectively with buyers and sellers
Tips for finding eBay's most trustworthy sellers
Why you should check out charity auctions
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