12-13-2022 06:40 AM
Four days is a long time to wait for a non-paying bidder when you are selling an item that is seasonal like Christmas decor! I'm really disappointed how Ebay still caters to dead-beats. The seller should be able to decide a time period when a payment is due. It's interesting how someone can make a last-minute bid for something, but not pay for it immediately after the auction ends! If you buy something, you pay for it immediately or don't purchase it. Every time someone doesn't pay within 24 hours it's a dead beat bidder, so why wait four days for the same outcome?
Here is how I had to cancel- https://www.youtube.com/watch?v=IqHziuSl_lY
12-13-2022 07:35 AM
You can avoid nonpayment issues entirely by listing for a fixed price with immediate payment required and by not making or accepting offers. That way the buyer has to complete checkout and pay or the item remains listed.
Auctions are not a particularly good format for time-sensitive purchases or sales; many buyers may not want to wait for the entire auction duration, and ending the auction early would prevent later bids that might have raised the price for the seller. Plus, as you indicate, eBay allows bidders four days to pay from the end of the auction.
12-13-2022 08:04 AM
You may consider a fixed buy it now price with immediate payment required checked off. No best offers either.
It's the only way to rid yourself of these pests. And you have more important things to do than chase your money.
Happy Selling & Holidays!
12-13-2022 08:15 AM
If you want immediate payment, do away with auctions and best offer and require immediate payment.
12-13-2022 09:27 AM
I've actually found that when you sell a popular item, you get more money for it when there is bidding involved. After all, that is the entire reason they started auctions in the first place, people get caught up in the moment.
12-13-2022 10:17 AM
@actormike wrote:I've actually found that when you sell a popular item, you get more money for it when there is bidding involved. After all, that is the entire reason they started auctions in the first place, people get caught up in the moment.
If they don't pay, what difference does it make if it sells for more money?
12-13-2022 12:31 PM
I've actually found that when you sell a popular item, you get more money for it when there is bidding involved.
Auctions can be useful for rare or one-of-a-kind items that have multiple bidders willing to bid up the price, if you are willing to wait up to four days for payment, to make a second chance offer, or to cancel and relist.
For items with more supply than demand you run the risk of having only one bidder winning at the starting price.
Available equivalent buy-it-now listings tend to suppress the bidding on similar auctions, generally keeping it at or below the lowest available buy-it-now price.
When bidding does exceed the BIN price you also run a high risk of the winning bidder not paying at all if the bidder notices -- and eBay will quite often inform anyone watching an auction of similar listings that are still available.
12-13-2022 11:51 PM
4 days to pay is an improvement. They used to be able to drag it out to 6 days to pay after winning.