rated:
posted: Jun. 12, 2008 @ 9:40a
sloppy1 said:This is part of the paypoo creep...
first $ limitations on accepting pp in personal accounts,
then must offer credit card pp, therefore must upgrade to premier commission paying pp,
then new sellers must offer pp on all items,
now this international thing,
next is probably "must offer pp on all items"!!!!!
Sorry but that would put me out of business if I must offer pp on everything.
I sell ~$10,000 items in USA only without pp since my profit margins are ~ $100-$150 (1 - 1.5%). Can't afford pp commissions and can't take ANY fraud loss risks via pp.
time to find another widget. I make at least $50 on each item I sell, with initial investment being $100 - $200 per item. I'm in the planning stages to move to a widget where profit is a minimum of $100. I only sell 4 to 8 each day off-season(we ramp it up during the holidays boviously), but I'm perfectly fine with that, as it gives me plenty of time to focus on other activities. I also sell overseas but I jack up the price so I make an extra $200 per item. I have had a few international chargebacks but with the initial cost so low and the profit margin so high, I just factor it into CODB. If I was a small time seller I wouldn't sell internationally though. you have to be able to sell enough so the pros outweigh the cons - the higher the volume, the easier it is to take the hits