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October 19, 2006
How To Sell On eBay: Defeat The Non Paying Bidder
If you want to learn how to sell on eBay you will have to face the dreaded Non Paying Bidder. For some weird reason, there are people who seem to get their kicks out of bidding on items, winning them - and then vanishing into the mists. Most sellers live in dread of them, but here's a way to get around at least some of that ...
Are you familiar with the "Requiring Immediate Payment" feature on eBay? It is for Buy It Now listings and states that the item listing will NOT be removed unless the buyer pays immediately. I like this handy feature and eBay recently raised the limit from $2,000 to $4,000.
How it works:
* A buyer who clicks the Buy It Now button in your listing is directed to pay immediately for the item using PayPal.
* Until the buyer completes payment, the item remains available to other buyers to purchase for the duration of the listing. The first buyer to complete their PayPal payment officially wins your item.
* Once a buyer completes payment, the listing ends and you, the seller, are directed to ship the item.
If you want to use this handy dandy feature, you need to know there are certain requirements to be eligible for it. You must ...
* Have a PayPal Premier or PayPal Business account when you list your item
* Have an eBay seller account in good standing
* Specify a Buy It Now price of no more than $4,000
* Specify shipping costs (or include the shipping calculator in your listing) and include other related costs such as insurance and taxes, so your buyer knows exactly how much to pay
This feature is especially useful when selling something that is more expensive and it certainly is outstanding protection from the sorry Non Paying Bidder.
Posted by SydneyJohnston at October 19, 2006 12:49 PM
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