Fighting eBay Corporation Greediness
The Rant:
I have been on eBay since the beginning. Like most beginnings, it was pure and far away from corporate greed. It was a place where you could get an honest buck for selling your things or making money off of garage sell items. I have seen the fees go up about 200% and the final auction value…well, thats another story. eBay and its policies have ruined there site and if you include Paypal, an eBay owned company…its a recipe for a corporate disaster. Ebay is much like the government. They impliment rules and ideas to benefit the corporate heads that “run” the company. They also ruin the free enterprise model that Capitalism was built on.
Capitalism is an economic and social system in which capital, the non-labor factors of production (also known as the means of production), is privately controlled;[citation needed] labor, goods and capital are traded in markets; and profits distributed to owners or invested in technologies and industries. -extracted from Wikipedia
Funny that when you google “free enterprise,” it redirects to “Capitalism” on Wiki. Capitalism is officially dead brothers and sisters when even corporations are controlling the buying and selling of goods.
Example: eBay has a maximum amount of shipping that a seller can charge a buyer on books, dvds and music. Free Enterprise says that if that if a potential buyer does not want to pay that much for shipping, then he is not obligated to bid or buy an item. This is just one way eBay is controlling auctions so that more people buy and bid on auctions.
Another Example: eBay does not allow Sellers to offer Buyers shipping insurance on any products at all. The option has been removed. The seller is 100% responsible for the product getting to the sellers house or office place.
A Better Example: eBay no longer supports paper payments. i.e. Money Orders or checks.
In 2008, eBay restructured its fee schedule in order to make more money. Plain and simple. I understand that companies must make money to survive, but they have pushed sellers away so far that now they are charging new sellers the cost of doing so.
Paypal. eBays right hand man. There are horror stories about how Paypal stole money out of people’s account…including mine.
The Hack
Post things on eBay with Fixed Price Auction and a Best Offer option.
Example: I am selling an iPhone on eBay and I need $300 in my pocket. I post a Buy It Now/Best Offer ad that costs $0.35. I post the Buy it Now option for $375 (well over what I need). If someone is stupid enough to pay way more then eBay will get rich off of dumb people and not smart people like us. What will happen is you will have offers from people. Once you accept the offer, eBay will be charging you the final auction fee of $15.25 which is 5%. If you use paypal, tack on another $9.00 (3% fee) for a total of 24.25 (8%) in fees.
Final Thought: Use eBay to give your item exposure. I know they try to rope you in with the whole “buyer protection” ideology but you can still get screwed on eBay, so nothing is 100%. Use an escrow service. I’m sure they won’t charge 8%. This probrably won’t work if you are an eBay Powerseller, selling tons of products, but for someone who only sells large, pricey items once or twice a month…it will work. I was going to sell my iPhone on eBay but I did the math and decided to post my phone on Craigslist for a lower price than eBay…so, in the long run, I got the same amount that I would have got on eBay…but the person I sold it to got a great deal and my money didn’t go to eBay.