[meteorite-list] Ebays Buyer Protection is Guaranteed

From: Galactic Stone & Ironworks <meteoritemike_at_meteoritecentral.com>
Date: Mon, 6 Sep 2010 21:47:37 -0400
Message-ID: <AANLkTim3hxPuoYwBzS0q0fJ0J+_tsa+y9yFD+zwFSTo-_at_mail.gmail.com>

eBay abandoned it's sellers long ago in favor of catering to buyers.
It's part of the reason I left eBay and set up my own ecommerce
website. And I have never looked back - my sales are better through
my own website and I only pay $9.95 a month, regardless of how much I
sell. If I sell a million dollars worth of merchandise, my fee is
still only $9.95.

Sure, eBay has more traffic and visitors than any other marketplace,
but that does not always translate into sales. And in my case, it
didn't. The minute I left eBay, my sales quadrupled.

But, I still buy on eBay and I keep a token listing or two going just
to act as a "business card" in the listings - and that practice is
going to end next month when I quit eBay entirely as a seller.

If you are a buyer, eBay is great, because eBay will completely cater
to you at the expense of the seller. I've gotten some great deals on
eBay as a buyer.

So thus is the nature of my love-hate relationship with eBay. :)

BTW - for you eBay meteorite dealers, when you are reading to stop
getting raped on fees, check out HighWire ecommerce -
http://app.highwire.com/?ref=meteorite

Best regards,

MikeG

----------------------------------------------------------------------
Mike Gilmer - Galactic Stone & Ironworks Meteorites

Website - http://www.galactic-stone.com
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EOM - http://www.encyclopedia-of-meteorites.com/collection.aspx?id=1564
-----------------------------------------------------------------------


On 9/6/10, Meteorites USA <eric at meteoritesusa.com> wrote:
> This crap by Paypal is something that should be illegal! it's true that
> sellers with less than 100 feedback will have their funds placed on
> hold. Do you have ANY idea how this "Buyer Protection" actually works
> logistically? Paypal places a hold on the funds of the seller for up to
> 21 days until the buyer receives their item and/or gives positive
> feedback. This means the seller is forced to not oly wait until the
> "buyer" decides to give feedback, but they also must dip into their own
> pocket to ship and item that the buyer is supposed to pay shipping for.
> Paypal and Ebay decided to "secure" the order with the sellers money to
> "protect the buyer". Paypal risks nothing, the buyer risks nothing, and
> the seller not only risks the cost of the item, they must now increase
> their overall costs to cover the extra shipping expenditures caused by
> these arbitrary holds on the funds. Meanwhile, during that 21 day
> period, Paypal is earning interest on that money. What of the earnings
> that Papal is making during that 21 day hold? How many millions of
> dollars from how many thousands of sellers is tied up during this time?
> Even 1/2 percent in interest on $1 Million over 21 days is $5000. Do
> sellers see any of those earnings? Nope. Paypal pockets this money and
> no one says a word. It should be illegal. It's a policy Paypal and Ebay
> have formed simply as a cash machine. Oh yeah, one more thing, does
> ANYONE else see the obvious conflict of interest that Ebay has in owning
> it's own payment gateway? This is basically forcing ALL sellers to
> accept only Paypal as the primary payment method, or get their own
> merchant account. Both of which increases sellers costs. Hell, sellers
> aren't even allowed to accept money orders or personal checks anymore.
> All this is designed to increase Paypal's earnings through the fees
> associated with processing these payments that would normally be paid
> for by check or money order. LOL I think it's funny people promote
> Ebay's Buyer Protection without a second thought. It should be called
> "Seller Extortion" instead. Whatever...
>
> Eric
>
>
>
> On 9/1/2010 9:03 AM, cdtucson at cox.net wrote:
>> Tom, List,
>> Apparently there is some cofusion about ebay buyer protection.
>> It is a great thing and it is worry free if you follow directions as
>> follows here.
>> Pay pals number is 800-514-4920.
>>
>> I just called and Amy explained it completely and eBay now has 100% buyer
>> protection. Guaranteed.
>> The particulars are;
>> 1. Must be an eBay purchase.
>> 2. Must be paid to PayPal linked through eBay.
>> In other words don't pay directly at PayPal site. Pay only by using link
>> through eBay so, the transaction number is on the payment itself.
>> 3. Sellers with under 100 feedbacks will not have your funds released
>> until one of
>> the following ;
>> either 21 days pass. or seller supplies eBay with a delivery confirmation
>> showing the item has been delivered to you. or you leave the seller
>> positive
>> feedback. So, for the first 21 days things are easy.
>> All that said. EBay guarantees all sales with no dollar limit for 45
>> days. Period.
>> You are guaranteed not to be ripped off on every eBay sale.
>> There is absolutely NO risk at all to any buyer at any time. So, yes buy
>> from
>> anyone . even people with zero feedbacks are okay.
>> She noted that this has only been the policy for about a year. Prior to
>> that
>> people could lose but not any more..
>> She went on to say that if you click on the words "buyer protection plan"
>> this
>> is all explained in writing as well.
>> I am going to post this last part on list but to be sure if you would
>> respond to
>> it ON LIST to make sure it posts. Thanks.
>> Carl
>>
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Received on Mon 06 Sep 2010 09:47:37 PM PDT