Online Auction Trader

Online Auctions are a great place to have some fun, buy/sell and make money as you do.

I am totally addicted to making money from the Online Auction scene

This blog is a place where I can share my learnings and also rant, rave and praise all aspects of the auction scene.

Auction Philosophies

Buy your product, add value and sell for a profit.

Sell in a professional manner using all the tools available.

Think outside the box and make your money.

Paypal - Stop Complaining about the Fees!

It always amazes me that people complain about using a service like paypal and go on about “the fees are to high”….instead of blaming high fees for margins being low you should really be looking at why your margins are so low and whether the fact that your purchase costs are way to high is the real reason.

As most people do I visit a number of forums and here are some of the comments that you get:

paypal and eBay I consider scams. If I had $1000 coming to me they would take $30

After paying my Paypal fees all I had left was $1

I will always remember a phrase that I was told a long time ago…..

Profit isn’t made when you sell an item it is actually made when you buy the item.

Personally I think that Paypal fees are reasonable, simply factor them into your selling cost and they really become a non consideration.

So what are your thoughts on Paypal? Would not accepting Paypal actually damage your business?

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