can we move into the future
when ebay began it was dial up modems & disconnections & buyers were granted 7 days to pay. we're closer to 2025 now. why does ebay allow 5 days to pay.
before anyone says, " it's because the buyer may not be on ebay or online." THAT is one of the lamest excuses. anyone making a purchase & who intends to pay is online & i don't mean only on ebay., they're online & they've also received two messages from ebay. one sent to their email address the other to their account messages & a seller can also send a reminder.
but NONE of that matters. the rule should be payment due in 2 business days.
i'm not talking about BIN with immediate payment due. i'm referring to auctions & any BIN where an offer is accepted thus cancelling the immediate payment option.
someone might argue, but what if the buyer is purchasing multiple items.
you CANNOT control what a buyer does. you could just as well say, what if the buyer overspent, or can't pay because they blew their paycheck at the casino....
it's very simple. be responsible for your actions. something we've lost touch of. you bought an item. pay for it in 48 hrs. some platforms support this going so far as to deduct the amount from your account the moment you win or bin & somehow that is not an issue & when it is the seller's notified of insufficient funds cancels the order & resells.
onefootflipper
·1 year agoI don't care, this doesn't effect my business at all. Anything that sold once will sell again. I would much rather have someone not pay than be forced to pay and return the item.
reallynicestamps
·1 year agoMany buyers commit to buying, but don’t yet have funds to pay for the item.
This is why credit cards exist.
If the buyer can't even get a credit card, they should not be buying.
fbusoni
·1 year agoThis made me laugh.
Because there are millions of people with credit cards who most definitely should not be buying. My adult son comes to mind, although now that he's married, he's shaping up. 🙂
vintagecraze50
·1 year ago2 business days is great but do you really want to loose or have to cancel if this buyer was ready to pay at day three?
vintagecraze50
·1 year agoShopgoodwill gives 7 days on auctions. It’s a good strategy, especially to help with people who make huge purchases and gives them time to get the funds. All around good.
powell-collectibles
·1 year agoYou aren’t thinking of a very important reason why eBay gives multiple days. Many buyers commit to buying, but don’t yet have funds to pay for the item. Whether that is because they need to move money between accounts, or because they are waiting to get paid, many need a few days.
fbusoni
·1 year agoIndeed... and this, I have found, is largely a function of the seller's demographic / clientele.
I have made a conscious effort to list items that I know will appeal to the solvent among us.
vintagecraze50
·1 year agoPeople who are big spender auction hunters do buy in big quantities and they do need some time at times to get the funds so I say great strategy for an auction.
iamalwaysright
·1 year agoBut then how else would a buyer find your item for cheaper elsewhere after seeing their final bid/offer acceptance if they weren’t given the five days?
tobaccocardyahoo
·1 year agoThe non-paying bidder/buyer or slow paying bidder/buyer is a problem for some sellers. Not all sellers, not most sellers.
The impact of a payment change could affect all sellers.
Ebay gets to decide what risks it takes, what risks it must take and which are to be avoided.
Sellers get to decide whether they sell on Ebay or not. And which items they list for sale. There are many items I would not offer for sale on Ebay, because I do not want to do business with the buyers which Ebay draws for those items.
fbusoni
·1 year agoGiving a person 5 days to pay is a relic from the past, when no one had a smartphone that allowed them to make payments on the spot and you had to get to your desktop to do so.
And in those days, before social media, people were not glued to their desktops all day.
Heck, I'd wager that eBay had not even thought about the five day payment window.
The folks running the company have been far too busy trying to extricate themselves from the jumbled mess wrought by magical "artificial intelligence."
vintagecraze50
·1 year agoDisagree. As I said, many buyers who do commit to purchase WILL HAVE THE FUNDS. GIVING THEM SOME TIME assists the sale going through. You must have a zillion people buying your stuff with no problem, that;s great, but to improve chances for all sellers especially in auction format it’s a good idea to give them some time to pay.
vintagecraze50
·1 year agoI think that is why it was a difficult decision for ebay to enable the put your credit card on file to pay immediately. Some people liked the ability to have the payment hold on for a few days and may not want to buy when those restrictions are placed. It’s up to the seller if they want to use that format.
buyselljack2016
·1 year agoNever have I, and never will I pay for an eBay purchase using a phone.
fbusoni
·1 year agoI was referring to making a purchase with the eBay app, should have been more specific.
All your credit card data is already on eBay servers.
Are you reluctant to use the app to make purchases?
I buy on Amazon and use the app fairly frequently.
stainlessenginecovers
·1 year agoOn an offer, I could see that a buyer may be looking in a few hours, but sometimes a Seller takes days to respond so then it's the sellers fault.
On an Auction, you could bid on Tuesday and when it ends on Friday at 5pm and I am busy doing life and may not look again until Monday or Tuesday 'remembering' that I 'bid' on that 'thingy' to even see that I won.
Emails change and many times people don't 'update' their email address, or got so sick of all the spam in their email, that they just quit looking.
It's in the best interest to give that amount of time (as is) vs. the alternative would be (if it were your way) as it would look like this:
2 days to 'cancel' and then run another 7 day auction (typical) and another 2 day wait, for a total of 11 days??
That does not seem better.
chapeau-noir
·1 year agoI know these various things happen, but the buyer needs to have *some* minimal responsibility in this scenario. If they can't be bothered to keep their information and payment sources current, and remember to check their account, it shouldn't be the seller's problem.
buyselljack2016
·1 year agoI'm late to the party, but do you have these boxes check marked to preclude having to wait for payments?
 
vintagecraze50
·1 year agoRight. To improve your chances of the payment actually going through right away. Choose this option on your auctions.
fern*wood
·2 years agoDidn't ebay recently start requiring payment info from some buyers? If I remember correctly many sellers and buyers hated this, so I'm not sure it it's still in place or not. Do you really have a lot of non-payers? I looked at what you sell & see it's an assortment just as I do. I don't know why exactly, but I haven't had a non-payer for years. I've never even needed to use the new cancellation method to report one.
I do shy away from auctions, which obviously helps, but I use offers regularly and they all seem to pay rather quickly.
onlinecentral
·2 years agoIf a buyer no longer wants the item, it is in your best interest to cancel, because that prevents returns.
If they make a Remorse Return, the seller might lose the original outgoing postage.
If they make a Not as Described return, the seller will pay shipping both directions.
Then get a defect on their Seller Metrics.
If they file a dispute with their financial institution, the seller will not get the merchandise back and a refund will be forcibly taken from the seller. Usually, an additional $20 fee is assessed.
luckythewinner
·2 years agothe rule should be payment due in 2 business days
My guess about the primary factor limiting eBay's growth would center around the need for more buyers, not the need to change the payment timeframe for auctions and offers.
rugerskick
·1 year agoThey are doing nothing to get new buyers here. And doing little to keep them here.
Most efforts are to get more money from sellers via paying for one or more promo/advertising schemes they've developed.
reallynicestamps
·1 year agoThey are doing nothing to get new buyers here.
EBay doesn't advertise on TV or on the radio. Is that what you mean?
Do you have a TikTok account? EBay advertises there.
Do you have a FaceBook account? EBay advertises there.
Do you have a YouTube account? EBay advertises there.
They also have an InstaGram and Xitter presence, but I don't have either service.
fbusoni
·1 year agoNot to mention Google's indexing of millions of eBay listings.
I get a lot of first time buyers from Google searches.
vintagecraze50
·1 year agoGood for you. Google does pick up ebay listings quite nicely at times.
vintagecraze50
·1 year agoEbay motors does a lot of advertising. The motoring people buy other thing other than car parts.
rugerskick
·1 year agoSince 2018 Ebay has been losing buyers. The online advertising on the few places you cite, aren't working. Also Facebook lets you sell there so many FBers probably prefer to buy and sell there.
tobaccocardyahoo
·1 year agoSuccessful internet advertising is targeted.
The fact that you might not see Ebay ads could very well be because YOU are not their target.
Usually the Ebay ads I see are a direct result of visiting items that I would never consider buying.
The likelihood of any website which is making money by selling advertising spending money on other than well targeted ads is extremely low. They, as well as ad agencies, know that internet advertising is highly inefficient and largely ineffective.