04-22-2020 10:00 PM - edited 04-22-2020 10:02 PM
I QUIT!!! Ebay charges too much and they are double dipping due to the fact they own PayPal. PayPal even charges for refunds lol. At the end of the month you get a huge bill and you see little profit. I won’t miss Ebay at all!!
04-22-2020 10:05 PM
If you think eBay is bad try other marketplaces. Almost double the fees and you're banned for life at the slightest mistake or delay, even if it's the fault of the post office or customer. I've almost been banned on another marketplace because a customer accidentally gave me the wrong shipping address and admitted to it, and that marketplace firmly insisted that would be counted against me and that single issue had my account at high risk of lifetime suspension.
Believe me, eBay is paradise.
04-22-2020 10:12 PM
It certainly seems to have gotten tougher on the smaller sellers these days...I say seems to because I dont sell so I dont have first hand knowledge of these plights but I do see its affect by ones who post about it on the boards. I have mucho sympathy for sellers and all they have on them selling on here
I do hope it gets better for you. If not and you have to go elsewhere, I wish you much fortune there
04-22-2020 10:17 PM
Thank you I appreciate that! Maybe I’ll be back. Different things work for different people and this isn’t working for me
04-22-2020 10:18 PM
You can quit or not quit, whatever you like, but I wonder why you think eBay owns PayPal. The two companies parted back in 2015. It's why eBay is moving all sellers into Managed Payments (little-by-little), with PayPal only one of many options for payment.
04-22-2020 10:19 PM - last edited on 04-23-2020 08:15 AM by kh-ornesh
I’m a very new seller and I’m trying to find what works for me.
04-22-2020 10:24 PM
In July of 2002, eBay Inc. acquired PayPal for the fine price of $1.5 billion. Then and now it isn’t right. They are affiliated in some way
04-22-2020 10:25 PM
I tried my hand at selling on Ebay waaaaay back in the day but just couldn't get into it....some years passed then I was in need if some quick money to help someone out money wise so I signed up with mercari and sold off all my Victorias Secret PINK line collection and made a couple thousand in a week, but after the money was raised, I was done.
I just couldn't cut it as a seller. Im too giving a person and would just be wanting to give stuff away, which would defeat the purpose of selling hahaha
04-22-2020 10:50 PM - edited 04-22-2020 10:51 PM
I more or less agree with you, since all buyers wants to buy at the cheapest price, and having these fees is making selling tougher. While I think that we should all pay the fees when an item sells, I find it extremely unreasonable that sellers gets charged on refunds by Paypal.
I think it's smart to cut potential losses early. Especially when some sellers loose not only the fees, but also the merchandise and shipping because eBay is capable to automatically refund buyers when items not arriving according to its estimated delivery time by charging your credit card/bank account.
04-22-2020 10:51 PM - edited 04-22-2020 10:54 PM
@thriftiqes wrote:In July of 2002, eBay Inc. acquired PayPal for the fine price of $1.5 billion. Then and now it isn’t right. They are affiliated in some way
Whether you want to believe it or not, the two companies are separate entities.
After 15 years, eBay plans to cut off PayPal as its main payments processor
I know that's not what you want to hear, though, so maybe this will cheer you up. From the above article (written in 2018):
"Today, PayPal is worth $102 billion; eBay is valued at $42 billion."
04-22-2020 11:05 PM
Pierre Omidyar currently owns 5% of eBay and 6% of Paypal currently. Please google this information it’s free lol. I’m not going to argue with you
04-22-2020 11:24 PM - edited 04-22-2020 11:26 PM
I started listing items for sale around 2010 and I don't recall the exact timeframe but I purchased into a store a few years later and again I don't recall exact years but it was in the middle of the Great Recession. Times were hard and my listings reflect that even now.
When the economy started doing better my sales took a slow and long and steady drop...
I didn't know what to do, things went from a high of $24,000 a year to under $700 a month.
Covid hit and KaBOOM my sales exploded!
I'm up 190% over 31 days ago with a basic store only half full.
I'm struggling some keeping supplies on hand but fortunately I'm no stranger to fulfilling 10-15 orders a day, may sound slow to some but to me that's hopping.
Therefore I fully believe there is something about the mindset of the seller when listings go online.
However, the trick...
The true trick is to stop chasing the money.
Instead, stay the course and hope winds turn your way one day.
Every dog has his day.
04-22-2020 11:50 PM
Ebay split from PP before you even started selling on the site. The split happened in June of 2015.
So no double dipping going on. Anyway, other sites that have their own payment processing charge sellers fees for the money processing as well as selling fees. You aren't going to find a site that does any of that for free as they are in business for a reason and they are providing you a service.
So what is annoying you about Ebay? Be specific. It is likely to be more than the fees as any site you look at has them. So what is bothering you about Ebay?
04-23-2020 12:23 AM
@thriftiqes wrote:I QUIT!!! Ebay charges too much and they are double dipping due to the fact they own PayPal. PayPal even charges for refunds lol. At the end of the month you get a huge bill and you see little profit. I won’t miss Ebay at all!!
OKAY!!! Thanks for telling us!!!
04-23-2020 12:39 AM
In July of 2002, eBay Inc. acquired PayPal for the fine price of $1.5 billion. Then and now it isn’t right. They are affiliated in some way
Yes, eBay bought Paypal to replace their previous in-house payment processor Billpoint.
PP had a better system and was able to include other businesses.
It was a win-win for eBay. They had a better processor and got a fee from other non-eBay businesses using a simple and widely accepted service.
The Wall Street wolf Carl Icahn forced eBay to sell off Paypal. Icahn made a fortune out of the sale.
That was in 2015.
The change of policy that does not return fees on refunded transactions is a policy of the new post-Icahn version of Paypal.
EBay has been scrambling ever since to reinstate an in-house payment processor. The one they have come up with Managed Payments has been criticized for having higher actual fees and multiple glitches.
So while you can have your own opinions, you can't have your own facts.
Paypal is not a part of eBay anymore and has not been since 2015.