Taking Paypal on eBay

Accepting Paypal as a payment method might increase your selling prices and your profits. This depends on what you are selling. I sell collectibles to collectors. My clients are like junkies. They will buy regardless of the payment options, so not offering Paypal won't make much difference in the final selling prices.

If you sell items with high competition, accepting Paypal will make your auctions more attractive. This also holds true for impulse buys. Plus, you can get paid instantly through Paypal.

Here's a few suggestions for increasing your profits by accepting Paypal:

1. Select accept Paypal in the auction listing process to get the Paypal logo into your auction. You can put in the auction description that you accept Paypal, but unless you use the Paypal logo some buyers will miss this Payment choice. Many buyers look specifically for the logo and expect to find it in certain areas of the auction listing.

2. If you only accept bank account transfers, and do not accept credit card payments through paypal be sure to mention this in your auction description and the payment types area. Even after you mention this, you will get credit card payments from some Paypal users. This causes confusion with buyers.

3. One problem that may come up is your shipping schedule. I ship once a week. Some eBay buyers feel that I should drop everything and go to the post office as soon as they send me money through Paypal. This used to cause problems.

Now when a buyer sends me money, I quickly email him and tell him when to expect his item. Because I ship on Thursday or Friday, I can tell them their item will be delivered by the next Tuesday, if not earlier. Instead of telling the buyer I will ship the item on Friday, I tell them to expect it on Monday. This changes the buyer's focus from when I will ship to when they will get the item.

One last thing before I finish up. I recommend eBay sellers use guarantees. If you take a credit card through Paypal, and later refund the buyer's money, you will be out the Paypal fees if the refund is done more than 30 days after the initial transaction. You need to require your buyer to return the item quickly.

Terry Gibbs is a collector/dealer of old toys and trains, and teaches others how to buy and sell antiques and collectibles. Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." He has also written numerous other books about buying and selling antiques and collectibles. Learn more at his website: http://www.news.iwantcollectibles.com

Copyrig ht 2005 IWantCollectibles LLC used with permission.

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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://blog.auctionbytes.com/cgi-bin/blog/blog.pl%3F/comments/2008/10/1223821202.htmlcid=1256743251ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNHv8DWMw2uhYrh77zo6QXynl1tqNwimg src=http://news.google.com/news?imgefp=X7wjRUN5aiwJimgurl=blog.auctionbytes.com/blog/uploads/amazon_samOCT2008.jpeg width=68 height=80 alt= border=1brfont size=-2AuctionBytes Blog/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.theledger.com/article/20081012/ZNYT01/810120324%3FTitle%3DAmid_the_Gloom__an_E_Commerce_Warcid=1256743251ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNGTGZrW-49CfSN3cw_uW3mphOOa-wAmid the Gloom, an E-Commerce War/abrfont size=-1font color=#6f6f6fThe Ledger,nbsp;FLnbsp;-/font nobr14 hours ago/nobr/fontbrfont size=-1John J. Donahoe of eBay is shifting the company away from bauctions/b. As the online auctioneer’s revenues and stock price kept climbing, one of its primary b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nytimes.com/2008/10/12/business/12giants.html%3Femcid=1256743251ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNFc3UNoJsC-cqqk1QwQlyu5mcjKDQAmid the Gloom, an E-Commerce War/a font size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://blog.auctionbytes.com/cgi-bin/blog/blog.pl%3F/comments/2008/10/1223821202.htmlcid=1256743251ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNHv8DWMw2uhYrh77zo6QXynl1tqNwNYT Chronicles Amazon#39;s Inroads against eBay/a font size=-1 color=#6f6f6fnobrAuctionBytes Blog/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.upi.com/Business_News/2008/10/12/Holidays_critical_to_e-commerce_sector/UPI-37881223835140/cid=1256743251ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNEKjpyjri3dwUBNy0zvPtnSF6nV0gHolidays critical to e-commerce sector/a font size=-1 color=#6f6f6fnobrUnited Press International/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256743251hl=ennobrall 17 news articles/nobr/a/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.chinadaily.com.cn/china/2008-10/11/content_7096731.htmcid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNGZy6vIpGYZIMXNU7BG2hdAot8b7Aimg src=http://news.google.com/news?imgefp=DqexUCPCtEcJimgurl=www.chinadaily.com.cn/china/images/attachement/jpg/site1/20081011/0013729e42ea0a5a388804.jpg width=80 height=60 alt= border=1brfont size=-2China Daily/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.washingtonpost.com/wp-dyn/content/article/2008/10/10/AR2008101003050.htmlcid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNGdKAdIr4N3aRrmMKP82ayBuV2fPgLehman Credit-Default Swap Payout Could Climb as High as $365 Billion/abrfont size=-1font color=#6f6f6fWashington Post,nbsp;United Statesnbsp;-/font nobrOct 10, 2008/nobr/fontbrfont size=-1bAuctions/b earlier this month to unwind Fannie Mae and Freddie Mac credit derivatives resulted in much lower settlement amounts, south of 10 cents on the b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da4omvrx7V6uI%26refer%3Dhomecid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNGHlOoTVWxGyObQC9apIKkwhFL_ygFannie, Freddie Debt Valued as Low as 91.51 Percent (Update1)/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN0841811720081008cid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNFTmjg5pGiRzokkVTzCjPJaVI2DXgFACTBOX-Lehman CDS settlement bauction/b timeline/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/lehman-derivatives-auction-described-smooth/story.aspx%3Fguid%3D%257BA5ACF291-FC4D-478D-845D-8713E50448B3%257D%26dist%3Dmsr_4cid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNH9MyMJCYdesa0BG6Lmjx3POgvBfALehman derivatives bauction/b described as #39;smooth#39;/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.ft.com/cms/s/25137702-972d-11dd-8cc4-000077b07658.htmlcid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNGJ8oKJLeXcERcoAVvHL5-K66kynQnobrFinancial Times/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.efinancialnews.com/homepage/content/2452085102cid=1256028374ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNEVYPMwE6gx7O5opSWNZP-ezmKpgwnobrFinancial News/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256028374hl=ennobrall 229 news articles/nobr/a/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://online.wsj.com/article/SB122356012405418891.html%3Fmod%3Dgooglenews_wsjcid=1256887667ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNHya_OhIqNpgshZTa1OwhVluOm8-wTreasurys Slide Ahead of bAuctions/b/abrfont size=-1font color=#6f6f6fWall Street Journalnbsp;-/font nobrOct 9, 2008/nobr/fontbrfont size=-1By MICHAEL S. DERBY NEW YORK -- Treasurys were off to a mostly negative start Thursday, with a big wave of government debt bauctions/b ahead. b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://online.wsj.com/article/SB122364364715622855.html%3Fmod%3Dgooglenews_wsjcid=1256887667ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNEo-ttcE5HOWouJwzKt3LJ-wPyxFwTreasury Trade Choppy Amid Turmoil/a font size=-1 color=#6f6f6fnobrWall Street Journal/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256887667hl=ennobrall 2 news articles/nobr/a/font/div/font/td/tr/table
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.creweguardian.co.uk/news/3748397.Edward_auctions_royal_portrait_to_say_thank_you_to_hospital/cid=0ei=_JPySJDWDqbU6gOE3pnaAwusg=AFQjCNH7eJj3U008y7M-xlQft-wblXjHIgEdward bauctions/b royal portrait to say thank you to hospital/abrfont size=-1font color=#6f6f6fCrewe and Nantwich Guardian,nbsp;UKnbsp;-/font nobr8 hours ago/nobr/fontbrfont size=-1He has drawn a portrait of Queen Elizabeth II that will be bauctioned/b off to the highest bidder over the next week. “I was recently treated for an abscess b.../b/font/div/font/td/tr/table
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