Monday, April 6, 2009

Cash is king

Here is a multiple choice question for you...

When selling items on eBay, you should accept this form of payment from your buyers:

a) cash

b) money orders

c) checks

d) PayPal

e) all of the above

What is the answer? Look at the logo on my uniform... e) of course .... all of the above!

Why?

Because different people pay for things in different ways. You want more customers? Accept every form of payment you can.

Now a lot of folks will tell you (some even at eBay) that PayPal is only safe way to accept payment.

They're wrong.

Might a check bounce? Sure.

Can PayPal come up with some reason why you don't receive a payment from a buyer? Yep.

Which happens more often? Well...I'll just leave that one out there...but neither happen very often in my experience.

No fear. Accept all forms of payment.

Don't want to? That's fine. Your competition will.

No comments:

Post a Comment