For the record, most collections consist of "stuff" which has to be sold. I could wholesale it, but that means buying it sub-wholesale. If you've got anything you want to sell sub-wholesale send me a list....waiting...waiting...
😂
Thanks for proving my point. The majority of coins you're offering on eBay is "stuff". You're trying to play your buyers both ways for the incremental profit. If you were playing that game straight up, you wouldn't be offering a return privilege on material that is just wholesale, sight-unseen quality product. Instead, you represent as a retailer and then block any buyer who exercises an advertised privilege. Honestly, I don't care how you run your business, but don't put all the blame on the buyers in that scenario.
This is really not worth my time.
Is it possible for you to write more than one sentence without it sounding insulting?
I never denied having "stuff" mixed in with the premium material. Which one there is more of depends on whether you are dollar weighted or not. So, congratulations, we agree.
As for the rest, I am NOT playing a game. There is nothing that is anything but "straight up". There is NO misrepresentation at all.
I am a retailer.
I offer Free Returns.
I take back 100% of items returned.
I PAY 100% OF THE COSTS of the items return and the unrefunded PayPal fees.
Period.
I've never contested or refused a return.
LIKE ALL RETAILERS, however, I block people who (in my opinion) abuse the privilege.
Educate yourself and do a little internet research. You will find all kinds of complaints by serial returners of being blocked by Amazon and eBay itself (not individual sellers) as well as Walmart, Target, etc. My store, my rules.
The customer got exactly what was offered. A coin that was correctly represented and described and that came with a free return privilege.
I am a RETAILER not an APPROVAL SERVICE.
All comments reflect the opinion of the author, evn when irrefutably accurate.
There is a reason that eBay is still King of this particular venue. Yahoo challenged them and failed. Amazon challenged them and failed - anyone remember "Zshops"?
People who call out problems on eBay often do so out of ignorance. For example, the "high fees" are about half of Amazon's fees. The only difference is they don't see Amazon's fees and aren't aware of them.
The "return problem" is a problem faced by all retailers from Amazon to Walmart. But because eBay allows little guys to run little businesses, the only place they see the "return problem" is on eBay.
Is eBay perfect? No
Is eBay suited to all business models? No
But eBay offers a lot at a reasonable price. The same people who hate eBay often love Great Collections even though Great Collections (who I like) is both more expensive and less flexible. Send great collections a raw Lincoln album missing all the keys and see what they do with it.
eBay isn't perfect, but it is the best game in town for The Every Man.
All comments reflect the opinion of the author, evn when irrefutably accurate.
For the record, most collections consist of "stuff" which has to be sold. I could wholesale it, but that means buying it sub-wholesale. If you've got anything you want to sell sub-wholesale send me a list....waiting...waiting...
😂
Thanks for proving my point. The majority of coins you're offering on eBay is "stuff". You're trying to play your buyers both ways for the incremental profit. If you were playing that game straight up, you wouldn't be offering a return privilege on material that is just wholesale, sight-unseen quality product. Instead, you represent as a retailer and then block any buyer who exercises an advertised privilege. Honestly, I don't care how you run your business, but don't put all the blame on the buyers in that scenario.
This is really not worth my time.
Is it possible for you to write more than one sentence without it sounding insulting?
I never denied having "stuff" mixed in with the premium material. Which one there is more of depends on whether you are dollar weighted or not. So, congratulations, we agree.
As for the rest, I am NOT playing a game. There is nothing that is anything but "straight up". There is NO misrepresentation at all.
I am a retailer.
I offer Free Returns.
I take back 100% of items returned.
I PAY 100% OF THE COSTS of the items return and the unrefunded PayPal fees.
Period.
I've never contested or refused a return.
LIKE ALL RETAILERS, however, I block people who (in my opinion) abuse the privilege.
Educate yourself and do a little internet research. You will find all kinds of complaints by serial returners of being blocked by Amazon and eBay itself (not individual sellers) as well as Walmart, Target, etc. My store, my rules.
The customer got exactly what was offered. A coin that was correctly represented and described and that came with a free return privilege.
I am a RETAILER not an APPROVAL SERVICE.
As you stated previously, you block ANY first-time buyer who returns a coin. The vast majority of retailers (eBay or otherwise) do not do that.
You find me "insulting", while I find you condescending ("Educate yourself"). I've been around the block plenty in twenty years of selling on eBay. As I've stated earlier in the thread, there are plenty of bad apple buyers who deserve to be blocked. As I also stated, I don't really care HOW you run your business. I'm not one of your customers!
If ANY coin dealer ever sent me a coin with a return privilege and told me "you got exactly what was offered" when I asked to return it, I'd consider them either a douche or a rank amateur. The photos of the coin can NEVER replicate the look of the coin in hand. Period. End of story.
And for the record, I consider @jmlanzaf a valuable contributor and an excellent debater*. I imagine we'd get along just fine after I KO'd him and we had a couple of beers together.
*though clearly not quite on my level (humor alert)
@CoinJunkie said:
And for the record, I consider @jmlanzaf a valuable contributor and an excellent debater*. I imagine we'd get along just fine after I KO'd him and we had a couple of beers together.
*though clearly not quite on my level (humor alert)
Yawn
All comments reflect the opinion of the author, evn when irrefutably accurate.
@BAJJERFAN said:
For those of you here who think that eBay is broken how would you fix it?
in this particular instance, require all buyers to pay return shipping costs and allow sellers to deduct their non returnable paypal fee and initial shipping cost from the refund. Returns would be allowed but the buyer would eat the cost of them. Of course buyers would then abuse the free "not as described" return procedure, so ebay would have to get tough on that as well.
No Way Out: Stimulus and Money Printing Are the Only Path Left
@BAJJERFAN said:
For those of you here who think that eBay is broken how would you fix it?
eBay is trying to be more like Amazon without doing the fulfillment. This would make it more difficult for what it seems many people here want to accomplish which seems to be no returns.
Auction houses like HA, Stack's and GC(?) don't allow return sos perhaps the answer is to move to one of those venues?
I am a retailer on the bay, occasional auctions. Returns are few and far between but that buyer will be blocked. I just factor in all costs and risks - from there just run the business.
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
Any cost you bear as a seller is an expense (return fees etc), if you are running a business.
@logger7 said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
I officially don’t accept returns. I then spell out a return policy that excludes shipping and the PayPal fees from being refunded.
@logger7 said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
I officially don’t accept returns. I then spell out a return policy that excludes shipping and the PayPal fees from being refunded.
Then you can't get the top rated seller discounts or rating. Is that worth it?
@segoja said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
Any cost you bear as a seller is an expense (return fees etc), if you are running a business.
costs directly related to the buying, grading, selling, and shipping are deductible from you net sale price if you are treating the item as an investment/capital asset when calculating capital gains taxes. If it's a returned item the PP fees and shipping costs each become cumulative for the item.
When comes to income taxes, business resellers treat coins as inventory, investors treat them as capital assets.
No Way Out: Stimulus and Money Printing Are the Only Path Left
@logger7 said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
I officially don’t accept returns. I then spell out a return policy that excludes shipping and the PayPal fees from being refunded.
do you find your buyers working around that by claiming "not as described?"
No Way Out: Stimulus and Money Printing Are the Only Path Left
@logger7 said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
Since PP does not return its fees for returned items, you have to take that loss. That's the whole point of the original post.
No Way Out: Stimulus and Money Printing Are the Only Path Left
@logger7 said:
Then you can't get the top rated seller discounts or rating. Is that worth it?
Depends. Top rated seller discounts are less than the extra postage required for what I sell.
The difference between an ebay store's FVF on a $2000 coin (6%/$120) and the Top Rated discount (another 10% off the $120) is $12. As Mason said, the additional discount is less than the postage on that $2000 coin.
No Way Out: Stimulus and Money Printing Are the Only Path Left
@logger7 said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
I officially don’t accept returns. I then spell out a return policy that excludes shipping and the PayPal fees from being refunded.
Then you can't get the top rated seller discounts or rating. Is that worth it?
It was nice to get that discount, but there are two problems for me. First, the amount of time the return period had to be open kept growing, and since I work on consignment, I can't wait weeks on end to be sure nothing is coming back and pay my consignor. Yes, they can still file a SNAD, but officially welcoming a return for any reason 3 or 4 weeks after delivery is a problem. Second, the top-rated discount also required next-day shipping. I usually got that done, but there were times when I was killing myself to do it--staying up until 1am or later and getting up before 5 to go to my day job. I still try to ship next-day, but if I need an extra day or two, I have it now that I'm not trying to get that discount.
@logger7 said:
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
I officially don’t accept returns. I then spell out a return policy that excludes shipping and the PayPal fees from being refunded.
do you find your buyers working around that by claiming "not as described?"
I don't have a ton of those, but when they come, I'd be paying either way, no? The difference here is if I have an honest buyer, I'm not going to pay for the return the way I do things now. If I have a dishonest buyer, I'm going to pay no matter what my return setup. However, with my current setup, I'm making it clear that the idea of a return policy is to let you send something back shortly after receipt if you don't like it. No shopping it around or seeing if you can find a better deal and then sending it back to me--all at my cost--if you can't win. Of course, file a SNAD and, as is the theme of this thread, you're never bidding again unless I definitely screwed up.
eBay selling cost (fees, PayPal, shipping) is a sch c deduction.
Big ticket coin buyers can be very fussy. With CAC added they may return stuff they don’t think get big premium bc stickered. Just deal with it and block those returning coins.
Once I received a return with an attorney office marked as sender address no notification of return no nothing. My opened package with coin had “returns” marked on it. My guess: This guy was doing high volume buying plus returning many. I blocked him.
Comments
This is really not worth my time.
Is it possible for you to write more than one sentence without it sounding insulting?
I never denied having "stuff" mixed in with the premium material. Which one there is more of depends on whether you are dollar weighted or not. So, congratulations, we agree.
As for the rest, I am NOT playing a game. There is nothing that is anything but "straight up". There is NO misrepresentation at all.
I am a retailer.
I offer Free Returns.
I take back 100% of items returned.
I PAY 100% OF THE COSTS of the items return and the unrefunded PayPal fees.
Period.
I've never contested or refused a return.
LIKE ALL RETAILERS, however, I block people who (in my opinion) abuse the privilege.
Educate yourself and do a little internet research. You will find all kinds of complaints by serial returners of being blocked by Amazon and eBay itself (not individual sellers) as well as Walmart, Target, etc. My store, my rules.
The customer got exactly what was offered. A coin that was correctly represented and described and that came with a free return privilege.
I am a RETAILER not an APPROVAL SERVICE.
All comments reflect the opinion of the author, evn when irrefutably accurate.
@Coinjunkie + @jmlanzaf I would love to see the 2 of you wearing boxing gloves. I'll supply them if you want them!
I wish @Coinstartled was still here.
There is a reason that eBay is still King of this particular venue. Yahoo challenged them and failed. Amazon challenged them and failed - anyone remember "Zshops"?
People who call out problems on eBay often do so out of ignorance. For example, the "high fees" are about half of Amazon's fees. The only difference is they don't see Amazon's fees and aren't aware of them.
The "return problem" is a problem faced by all retailers from Amazon to Walmart. But because eBay allows little guys to run little businesses, the only place they see the "return problem" is on eBay.
Is eBay perfect? No
Is eBay suited to all business models? No
But eBay offers a lot at a reasonable price. The same people who hate eBay often love Great Collections even though Great Collections (who I like) is both more expensive and less flexible. Send great collections a raw Lincoln album missing all the keys and see what they do with it.
eBay isn't perfect, but it is the best game in town for The Every Man.
All comments reflect the opinion of the author, evn when irrefutably accurate.
LOL.
Clearly Coinjunkie is just my alt and I stage these arguments for your amusement.
All comments reflect the opinion of the author, evn when irrefutably accurate.
As you stated previously, you block ANY first-time buyer who returns a coin. The vast majority of retailers (eBay or otherwise) do not do that.
You find me "insulting", while I find you condescending ("Educate yourself"). I've been around the block plenty in twenty years of selling on eBay. As I've stated earlier in the thread, there are plenty of bad apple buyers who deserve to be blocked. As I also stated, I don't really care HOW you run your business. I'm not one of your customers!
If ANY coin dealer ever sent me a coin with a return privilege and told me "you got exactly what was offered" when I asked to return it, I'd consider them either a douche or a rank amateur. The photos of the coin can NEVER replicate the look of the coin in hand. Period. End of story.
I'm out. Feel free to have the last word.
What's my (winner's) take for the "bout"?
And for the record, I consider @jmlanzaf a valuable contributor and an excellent debater*. I imagine we'd get along just fine after I KO'd him and we had a couple of beers together.
*though clearly not quite on my level (humor alert)
Yawn
All comments reflect the opinion of the author, evn when irrefutably accurate.
in this particular instance, require all buyers to pay return shipping costs and allow sellers to deduct their non returnable paypal fee and initial shipping cost from the refund. Returns would be allowed but the buyer would eat the cost of them. Of course buyers would then abuse the free "not as described" return procedure, so ebay would have to get tough on that as well.
No Way Out: Stimulus and Money Printing Are the Only Path Left
eBay is trying to be more like Amazon without doing the fulfillment. This would make it more difficult for what it seems many people here want to accomplish which seems to be no returns.
Auction houses like HA, Stack's and GC(?) don't allow return sos perhaps the answer is to move to one of those venues?
Bajjerfan messed their flow up with that sane comment. They had another two pages in them.
I am a retailer on the bay, occasional auctions. Returns are few and far between but that buyer will be blocked. I just factor in all costs and risks - from there just run the business.
nope
All comments reflect the opinion of the author, evn when irrefutably accurate.
He probably is. No one really goes away. The usernames just change.
P.S. What happened with him?
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
Is there a good way to deduct costs on paypal as an ebay seller? I have a bad buyer who returned 2/3 recent purchases though he left me "happy" feedback on each? Two of the coins were cac approved. There is no way I should take losses on over $450 in transactions of paypal and shipping.
Any cost you bear as a seller is an expense (return fees etc), if you are running a business.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
I officially don’t accept returns. I then spell out a return policy that excludes shipping and the PayPal fees from being refunded.
It appears he understands it's an expense, which is why he's concerned about how it gets paid for.
Then you can't get the top rated seller discounts or rating. Is that worth it?
Depends. Top rated seller discounts are less than the extra postage required for what I sell.
costs directly related to the buying, grading, selling, and shipping are deductible from you net sale price if you are treating the item as an investment/capital asset when calculating capital gains taxes. If it's a returned item the PP fees and shipping costs each become cumulative for the item.
When comes to income taxes, business resellers treat coins as inventory, investors treat them as capital assets.
No Way Out: Stimulus and Money Printing Are the Only Path Left
do you find your buyers working around that by claiming "not as described?"
No Way Out: Stimulus and Money Printing Are the Only Path Left
Since PP does not return its fees for returned items, you have to take that loss. That's the whole point of the original post.
No Way Out: Stimulus and Money Printing Are the Only Path Left
The difference between an ebay store's FVF on a $2000 coin (6%/$120) and the Top Rated discount (another 10% off the $120) is $12. As Mason said, the additional discount is less than the postage on that $2000 coin.
No Way Out: Stimulus and Money Printing Are the Only Path Left
It was nice to get that discount, but there are two problems for me. First, the amount of time the return period had to be open kept growing, and since I work on consignment, I can't wait weeks on end to be sure nothing is coming back and pay my consignor. Yes, they can still file a SNAD, but officially welcoming a return for any reason 3 or 4 weeks after delivery is a problem. Second, the top-rated discount also required next-day shipping. I usually got that done, but there were times when I was killing myself to do it--staying up until 1am or later and getting up before 5 to go to my day job. I still try to ship next-day, but if I need an extra day or two, I have it now that I'm not trying to get that discount.
I don't have a ton of those, but when they come, I'd be paying either way, no? The difference here is if I have an honest buyer, I'm not going to pay for the return the way I do things now. If I have a dishonest buyer, I'm going to pay no matter what my return setup. However, with my current setup, I'm making it clear that the idea of a return policy is to let you send something back shortly after receipt if you don't like it. No shopping it around or seeing if you can find a better deal and then sending it back to me--all at my cost--if you can't win. Of course, file a SNAD and, as is the theme of this thread, you're never bidding again unless I definitely screwed up.
eBay selling cost (fees, PayPal, shipping) is a sch c deduction.
Big ticket coin buyers can be very fussy. With CAC added they may return stuff they don’t think get big premium bc stickered. Just deal with it and block those returning coins.
Once I received a return with an attorney office marked as sender address no notification of return no nothing. My opened package with coin had “returns” marked on it. My guess: This guy was doing high volume buying plus returning many. I blocked him.