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Further
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Make Free Money With Google - John Baker
Have you received your check from Google? If you own a business web-site you should be receiving a check from Google. Why not accept a check every month from Google by placing their ads on your site? Google AdSense allows you to serve...
Doomed to Failure - Bob Osgoodby
Is everyone who tries to do business on the Web, doomed to failure? People who invested little or nothing, and received the same in return may be. They joined AOL, and immediately found their mailbox was overflowing with spam (junk email). They...
Ordinary product + Added value = Increased Profits! - Richard Grady
Ok, here's the thing.... Everyone that wants to get started buying and selling (either online or offline) is trying to find that 'bargain buy' - something whose wholesale price is 50% less than the standard retail price. It is possible to find...
Aliens Help Me Earn $10,000 per Month Online - Stephen Brennan
What are you laughing at? Are you laughing at all? I wouldn't be too surprised if many weren’t the least bit ‘tickled’ by such a headline. After all, I’ve seen claims that are as ridiculous, or almost as ridiculous, describing one Home Based...
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Taking Paypal on eBay
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Written By:
Terry Gibbs
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Accepting Paypal as a payment method might increase your selling prices and your profits. This depends on what you are selling. I sell collectibles to collectors. My clients are like junkies. They will buy regardless of the payment options, so not offering Paypal won't make much difference in the final selling prices.
If you sell items with high competition, accepting Paypal will make your auctions more attractive. This also holds true for impulse buys. Plus, you can get paid instantly through Paypal.
Here's a few suggestions for increasing your profits by accepting Paypal:
1. Select accept Paypal in the auction listing process to get the Paypal logo into your auction. You can put in the auction description that you accept Paypal, but unless you use the Paypal logo some buyers will miss this Payment choice. Many buyers look specifically for the logo and expect to find it in certain areas of the auction listing.
2. If you only accept bank account transfers, and do not accept credit card payments through paypal be sure to mention this in your auction description and the payment types area. Even after you mention this, you will get credit card payments from some Paypal users. This causes confusion with buyers.
3. One problem that may come up is - continued below ...
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your shipping schedule. I ship once a week. Some eBay buyers feel that I should drop everything and go to the post office as soon as they send me money through Paypal. This used to cause problems.
Now when a buyer sends me money, I quickly email him and tell him when to expect his item. Because I ship on Thursday or Friday, I can tell them their item will be delivered by the next Tuesday, if not earlier. Instead of telling the buyer I will ship the item on Friday, I tell them to expect it on Monday. This changes the buyer's focus from when I will ship to when they will get the item.
One last thing before I finish up. I recommend eBay sellers use guarantees. If you take a credit card through Paypal, and later refund the buyer's money, you will be out the Paypal fees if the refund is done more than 30 days after the initial transaction. You need to require your buyer to return the item quickly.
About the Author
Terry Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." Learn more at his website: http://www.news.iwantcollectibles.com
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Increase Your Income with an Organization Plan - Albin Dittli
In a recent article, Increase Your Income with an Organized Marketing Plan, I talked about how to organize your daily marketing tasks so that you could be more efficient in your marketing, save time, and make more money. There are additional ways...
Credit, Money and the Home - Kimberly Flores
Did you know that money is mentioned in the bible more times that heaven or hell? Does the idea of telling your spouse what you spent on marketing send chills down your spine? Why? Because you have nothing to show for it…yet? Do you have a set...
Is Your Site a One Trick Pony? - John Gergye
Don’t know about you but I really look forward to watching The Apprentice on TV each week. Because it almost always offers a lesson in online marketing. Take the recent episode where the two teams were charged by The Donald with making money...
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