disneyshopper
I will ship when the money hits my bank
If you plan to do that, then I suggest increasing your handling time. ebay still wants you to ship according to your handling time, otherwise you will get dings for late shipment.
I have been in MP since October 2018, and I have a 1-day handling time. No problems at all.
@dudeboy777 wrote:ebay now is a taking the 10-12% of the sales tax they collect. It used to be just the 2.8% ripoff from paypal. ALl of my sales so far have cost me 50 cents to 3$ more in ebays system and I am a preferred seller or what ever its called with a supposed discount. Customer paid on Friday, ebay sends money to my bank on Monday they dont work over the weekend? and I get the money on Thursday . So a whole week of no funds yet I have spent money on shipping up front. I thin k i will forgo the stupid little discount for running herd to ship same day or next and make ebay look good and just list my items with a disclaimer that I will ship when the money hits my bank. Might hurt me a little but it will hurt ebay more.
Well not exactly. Yes sales tax has a FVF in MP, but it isn't as much of an increase as you have stated. As you are already aware, we have always paid PP a fee for processing sales tax which was at 2.9%.
For a non store owner lets say your FVF in MP is 12.35%. That percentage includes the money processing fee. So on the sales tax portion of a sale which is typically less than 10% of the sale, you will have a new FVF on that portion that you have not paid before of 9.45% [12.35% - 2.9% = 9.45%].
Now keep in mind that increase is only on the sales tax portion of your sale. The other 90+% of your sale is at a lower FVF by .55%. So you have an increase on 10% or less of your sale amount and a decrease on 90+% of your sale amount.
If your deposits are taking that long to arrive at your bank after Mp releases the transfers, that is your bank's issue, not MP. Small more local banks tend to take longer to get the transfers. Larger banks do not. For example I do weekly deposits. The transfer goes out on Tuesday morning each week. I have the deposit at my bank before noon on Wednesday. I bank with BOA.
The TRS discount is actually a bit larger in MP that it was before. Pre MP the TRS discount was calculated on the FVF for the product only. In MP it is calculated on the entire FVF which includes the FVF for sales tax, shipping and the money processing fee.
Do not put that "disclaimer" in your listings. That is likely to get you into trouble with Ebay and you risk getting your selling account into trouble. There is no rule in MP that says you have to ship right away. That isn't driven by MP. That is driven by the handling time you have stated in your listings.
So if you don't want to ship until the money is actually in your bank account, there is nothing wrong with doing that as long as you have the handling time in your listing stated correctly.
Don't do this without having the proper handling time stated in your listings. If you don't, you are going to get hit with late shipment defects and put the health of your selling account in jeopardy.
You just need to decide what is best for you. Either method is fine as long as you handling time is correct on the listing.
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