Requiring payment information with best offers
Why not do the same with auctions?
So many irresponsible nonpaying bidders, and eBay presents itself aa a safe place to trade.
Cracking down on nonpaying bidders should be a priority over some buyer submitting an offer then they change their mind.
Require bidders to submit payment info before they bid!!! What a great idea!! lol
9 comments
ittybitnot
·3 years agoWhy not do the same with auctions?
@ten_o_nine
I am a buyer. In the categories I purchase most listings are always in the auction format. Most often I will bid on MORE THAN ONE from the same seller. Those sellers that list this way often allow payment tp be deferred over a number of days, to encourage buyers to bid on more than one listing so that shipping can be combined.
So , if I am immediately charged after each auction ending, I am forced to pay the shipping on each item. So if I bid/win ten jewelry items with a $5.00 shipping charge each, I will be assessed $50.00 and tax on a parcel that weighs 5 ounces or less just for shipping.
Of course, the seller can refund the excess, but they don't have to if they don't feel like it. Sellers are charged the .30 fee on each of those items with the $3.00 going to eBay.
A similar circumstance can be said for those with BIN/Best Offer. When my ID is put in the program where I have to supply a funding source to make an offer, I will no longer be making offers on multiples from that seller until the seller turns the button off that requires it of me. I am not a lowball offer maker, but if you accept offers, it would not be uncommon for me to make offers on ten or more items. Typically, I pay within a few minutes as well.
So, if you sell items that rarely or never result in a multiple purchase by the same buyer, it may help with non-paying buyers. Otherwise, it is going to discourage buyers altogether who would like more than one of your products.
femmefan1946
·3 years agoIt would insult and discourage real buyers. Is discouraging a deadbeat more important than losing a potential solid buyer ?
It would mean more NAD disputes and refunds when buyers decide they don't really want it whether they have already bought it elsewhere or whether the spouse explained the household budget to them. Now the seller is out two shipping charges and a few weeks of visibilty.
Auctions are already less than 15% of transactions, even lower if you consider the Buy It Now option as a way of ending the auction.
slippinjimmy
·3 years agoIt could eliminate most unpaid auctions, it could also eliminate virtually all auctions on eBay (not many left as it is).
campanaelia
·3 years agoWhat would you rather have? The occasional non paying bidder or less bidders = lower auction prices.
I know for myself it will reduce my bidding because I am out of town a lot when bidding and pay within the 4 day minimum when I know I'm returning.
Also, for instance, my CC billing cutoff is on the 20th, so items I bid on the 17th and after can be paid on the 21st, which will then be on the next months billing cycle.
I've never in all my years on ebay not paid for my items I win.
theteamsetguy
·3 years ago@ten_o_nine ,
What would you rather have? The occasional non paying bidder or making the a non paying bidder pay for something they don’t want anymore? Only to have them file a INAD case and making you pay for a return?
If eBay does what propose the number of INAD returns will skyrocket.
ten_o_nine
OP3 years ago@theteamsetguy
Making them pay upfront will discourage many nonpaying bidders. You need to have a credit card for anything, why not for bidding on eBay?
theteamsetguy
·3 years agoHow’s that going to work when no one knows what the ending bid will be? What if there is not enough credit on the card used?
ten_o_nine
OP3 years ago@theteamsetguy
There's a maximum bid
janet9988
·3 years agoI believe they are just in the beginning phase of requiring this. Starting out slow.