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

Copyright 2005 IWantCollectibles LLC used with permission.

More Resources

Internet and Businesses Online:Auctions Articles from EzineArticles.com
05/08/2017 12:48 PM
How To Sell Digital Products On Bonanza
Digital product authors and licensed resellers have sold their products on eBay for many years. Sadly, for the past couple of years eBay has made this increasingly more difficult. This is due to their restrictions on the sale of digitally downloaded products. As a result many digital product sellers have been forced to find an alternative.
05/02/2017 10:15 AM
How Would You Feel If eBay Blocked Aussie Shoppers?
Are there people in Australia buying your products on eBay? You might want to promote a special sale exclusively for them because it looks like your future with them is indefinite. eBay said it could resort to blocking Australians from buying from foreign sellers on its marketplace because of Australia's new tax laws.
04/26/2017 08:20 AM
5 Steps to an eBay Store
eBay has been one of the few internet business that have grown at an exponential rate over the years. No matter if the brand is an already well established brand or a new entrepreneur, everyone that the help of eBay in attracting more customers towards its company. One of the reasons why eBay is growing so fast is that it accommodates businessmen in a lot of ways from allowing them to make banking arrangements to committed customer support.
04/26/2017 08:10 AM
Strategies For A Successful eBay Store
Every business has its competitions and so does online businesses. eBay itself has its stern competitors and it needs to have approached that helps it to stand out from all the others. Certain strategies should be adopted to help boost your eBay store.
04/26/2017 08:10 AM
How eBay Helps You Earn
In today's economic crisis, everyone struggles to earn some extra cash. One such ways of earning cash easily and by staying at home is through online businesses. eBay is one of the most successful and vast online business stores worldwide.
04/26/2017 08:10 AM
Why You Should Avoid Using A Free Template
You would have probably been told to use an eBay template and how important it is. It is considered an easy, reliable and cheap way of increasing sales. There are two types of templates, paid and free.
04/26/2017 08:09 AM
Increasing Sales on eBay
If you plan on earning through internet, eBay store setup should be one of your priority options. A brand that is unique and recognizable can be built easily by using the pre-designed eBay templates or customized templates which not only saves time but also helps you monetarily by saving money on advertising. If you plan on selling a certain type of product, meaning you make your store specific to a certain kind of product you would eventually attract only a particular type of customer that are interested in that product.
04/21/2017 10:23 AM
How Your eBay Store Should Be Developed
As the economic struggles continue globally, people are trying to look in for ways to bring in money. During all this searching to find new ways to bring in money, people have stumbled upon the use of the internet to earn. One of such internet associated ways of income potential in eBay.
04/21/2017 10:23 AM
Edge of Using Pre Designed eBay Templates
The basic advantage of using an eBay template design relates to your store or auction look. The template can give your store a professional and elegant look resulting in the attraction of more customers and increase in sales. The auction seems to be put in a lot of effort if a professional customized eBay template design is used to make it stand out.
04/21/2017 10:21 AM
Why You Should Choose a Pre Designed Template
Many eBay sellers prefer using a catchy customized template for the listing of their items, then having no design at all. A pre designed template helps you to give your store the professional look it needs to flourish. It is found out by research that customers tend to prefer pages that are well designed and organized rather than those that are average looking, the same thing applies for eBay auction lists.
04/21/2017 10:21 AM
Why Own a Professional Looking eBay Store?
For people planning to pursue a business career in online business, eBay stores hold paramount importance. But setting up a professional eBay store brings with it, a lot of queries that require simplification and clarification, such as why would I want a professional look for an online store? Or what are the relevant steps that should be taken that prove to be beneficial in the future?
04/21/2017 10:21 AM
Important Consideration in Building an eBay Store
Now a day's eBay selling is a very successful business and a lot of different tips and tricks are available to guide people in the right direction. Following these tips and tricks not only makes it less stressful and easier to run your store, but also helps in attraction of a vast potential buyer traffic. The amount of information present on the internet in relation to sales on eBay store is never ending, thus, it is necessary to channel and prioritize the information that would provide benefits to you.
04/17/2017 11:33 AM
eBay Antique Sales - Appalling Downward Trends Continue in 2016
The once-thriving and exciting eBay antiques marketplace has now virtually ground to a halt. This is disappointing both buyers and sellers alike. What's causing it and what, if anything, can be done?
09/30/2016 11:08 AM
Boost Your eBay Sales Using Simple, But Effective Approaches
eBay is amongst the best platforms you can choose to use to sell your products on. But considering that there are thousands of other sellers trying to attract sales just the same way you are then you are better off approaching it strategically so that you are able to boost your selling rates. If you want to attract more traffic to your listings, then you must get it right when packaging and presenting it to your targeted market.
09/21/2016 12:13 PM
When A $3 Dollar Jacket Sold For $100, I Was Hooked!
I can remember a moment in the first few months of selling on eBay that was so exciting, I was hooked! I couldn't believe that I had just made that much money on such a small investment. I knew this was what I was going to focus my efforts on to make money from home.
08/16/2016 03:53 PM
Minimum Advertised Price (MAP) - Is Monitoring Beneficial?
MAP, minimum advertised price can be defined as an agreement between suppliers and retailers that stipulates the lowest price that is allowed to be advertised on given items. The MAP policy is especially critical for manufacturers who sell products for online reselling by third parties. This has become very important considering that consumers now conduct online and mobile comparisons of prices before then can make a purchase. The MAP policies can also be helpful for small businesses in terms of competing and selling as compared to engaging in price wars.
07/08/2016 04:03 PM
Sell Jeans on eBay to Make Money
Clothing is one of the most popular items you can sell on eBay. Every day, ordinary people make extra cash by sourcing and selling top selling clothing brands on eBay. When I started Online selling on eBay in 2009, money flew in.
05/19/2016 08:03 AM
Some Helpful Tips for Effective eBay Selling
Selling on eBay is an excellent way for you to sell off any unwanted items that are simply gathering dust in your home because you don't use them anymore. This allows you to make some money and you can even set up your online business here. If you possess a craft, but don't have the funds to start a full-fledged business, eBay can help you in establishing yourself and earning an income. However, in order to succeed as an eBay seller, there are some tips you need and guidelines that should be followed to avoid any pitfalls.
04/14/2016 09:46 AM
What Is The Difference Between Wholesale And Drop Shipping
Wholesale and drop shipping are often confused for one another. While the two are somewhat connected, the two are distinctly different. Learning the difference between the two is essential if you are considering launching your own ecommerce website.
03/21/2016 03:05 PM
12 Kinds of Antique Products You Can Sell Through Online Auctions
All kinds of antiques, from dolls to furniture are certainly great sellers. But most of us are not antique dealers and may not know or care enough about them. So here are twelve things that sell like crazy that you can profit from using online auctions.
02/16/2016 08:56 AM
How Buying and Selling Has Gotten a Lot Easier With Reverse Auctions
Over the years, a lot has changed in the way people transact businesses. A few years ago, whenever a seller listed something for sale, the whole process of actually negotiating with the buyer was too tedious. First they had to post an ad, wait for the customers to respond to the offer, sit with them and then complete the transaction. Usually in such cases, the amount sellers get from the buyers is much less than what they had wanted due to several rounds of negotiations
02/05/2016 02:15 PM
50 Tips for eBay Sellers
50 Tips every eBay seller needs to know once they start listing. This will help novice eBay sellers expand there sales performance. For the experienced eBay seller I hope you walk away with something new from this article.
09/23/2015 04:31 PM
How to Drop Ship Online
How to Drop Ship. First let's explain what it is to drop ship. Basically retail arbitrage is the method of buy low, sell high. You can sell items on selling platforms such as eBay, Amazon, or Bonanza. These are online retail platforms that allow sellers to list an item for sale on their platform(website) for a cut of the sale. Each online retailer has a different % that they take from each sale.
08/18/2015 12:03 PM
Turning Your Old Outdoor Gear to New Using eBay
I remember when I was a kid, we had a small tool shed on the side of the house and that tool shed was full of old fishing equipment. I'd be a more wealthy kid if eBay would have existed back then, I'd at least have had better equipment. I'd have sold the old gear to finance new gear.
07/30/2015 02:24 PM
Selling Antiques on eBay - Is This a Dead-End?
Buyers of quality antiques are increasingly complaining that it's almost impossible to find genuine eBay open-auction type sales any longer. Many sellers are are also stating that eBay is now largely 'dead and buried' as a selling channel. What is the cause of all of this frustration and what is the reality?
02/25/2015 07:15 AM
Things You Should Sell on eBay to Make Money
Selling products on eBay can be a very good way to make money. Getting top dollar for your items can be simple if you know what to sell.
02/25/2015 07:14 AM
The Key Items To Sell On eBay To Make Money
There are tons of things you can sell on eBay to make a ton of money. Specific niches can bring in more money than others. Once you learn these big money making niches, you too, will be making money selling on eBay.
02/25/2015 07:13 AM
The 5 Most Selling Items On eBay
Its no secret that eBay is a great place to get rid of unwanted items around your home, but it is also a great way to make extra money. Here are the top 5 most selling items on eBay.
02/25/2015 07:12 AM
eBay Sales Options
More and more people are venturing into the world of selling new and used items online. This has proven to be quite a successful venture for some, earning them much needed and wanted extra cash flow. If you're looking to sell products online, here are some of the hottest trending items selling right now.
02/23/2015 01:33 PM
eBay: A Step by Step Guide for Making Your First Sale
Read on to learn how to make your first eBay sale. From pictures to posting to shipping, the article gives step-by-step instructions for how to use this powerful ecommerce giant.
02/23/2015 09:54 AM
An Insight Into the Most Selling Items on eBay
There are millions of items being sold on eBay every day. Some are much more in demand than others. I've put together a list of the most in demand items being sold on eBay today.
02/16/2015 02:48 PM
How To Compete In a Reverse Auction
The reverse auction dates back to the 1990s; it made its debut when the internet opened its doors as a platform for auction and e-purchasing. It is known by various other names such as e-auction, sourcing event, e-sourcing and procurement auction. For those unfamiliar with this setup, it will first help to touch upon in brief how a reverse auction works.
02/10/2015 05:46 AM
Exactly What to Sell on eBay in Order to Make Money
If you're looking to make extra money selling on eBay, it is important to know what sells, what sells well and what sells the best. Knowing this will increase your chances of making the most money from your sales.
02/07/2015 12:38 PM
Making Money Online - What To Sell On eBay To Make Money
eBay is one of the most popular online selling and buying sites. There are certain tips when selling on eBay that should not be ignored. These tips for selling on eBay will help you to earn the maximum dollar for your sold items.
02/07/2015 12:37 PM
Top 5 Selling On eBay Tips
Nothing is more important than earning top dollar for your sold items on eBay, except knowing how to earn top dollar for those items. I've compiled a list of tips on selling on eBay to show you just how easy you can become a master seller.
02/07/2015 12:37 PM
Tips and Ideas for Selling on eBay
Just about anyone can list an item and sell it on eBay; however, there are a few tips you may want to consider that will maximize your profits. These tips will allow you to earn more money as you become more proficient at selling on eBay.
02/07/2015 12:36 PM
How to Maximise Your Sales on eBay
Have you thought about getting rid of your unwanted and unneeded things around your home? Are you thinking that selling these things on line as to fetch top dollar? Learn how you can sell nearly anything on eBay.
02/05/2015 06:12 AM
Five Most Popular Items Selling on eBay
eBay is a terrific way to unload excess items from around your home. If you're thinking of selling any of your unwanted things on eBay, you should become familiar with the top selling items.
02/04/2015 04:49 PM
How To Win eBay Auctions
How to win eBay auctions at prices like you stole them. A few simple strategies can turn you into a savvy eBay buyer instead of the biggest loser. eBay is a highly competitive marketplace, but you can still win big with a few well timed strategies.
02/04/2015 01:32 PM
How to Earn Money With eBay
eBay may not be the quickest way to earn big, fast cash, but it can lead to a very lucrative income. There are several ways to maximize your income, I'll show you how.
01/22/2015 10:25 AM
How to Become an eBaypreneur
Have you comes across the term eBaypreneur? Well, you might just be heading for this title if you are thinking or are selling on the well-known auction website, eBay. There have been many stories of wild successes of people seemingly spending a few hours a day, selling items on eBay and then retiring at an early age to wallow in the vast profits they made.
12/16/2014 02:51 PM
Listing Tips For Selling Jeans on eBay
Ready to make money selling top brand jeans on eBay? Check out the Power Seller tip to increase your sales, boost feedback score and make money selling clothing on eBay. Get your pen and notebook ready. These tips will help your business take off.
12/16/2014 05:58 AM
A Guide for Determining the Good Items to Sell on eBay
All business owners, whether online or with a store front, should be sure to research their market. This will enable them to ensure a profitable business with little stress and maximum profit.
12/12/2014 04:53 PM
How to Win an Auction?
Online auctions are very good for sellers and buyers. It is also a good way to lose a lot of money. Practice these proven principles to have the best chance at winning.
11/10/2014 07:05 AM
What Sells on eBay
Whether supplementing your income, looking to unload some unwanted items or simply looking to make a quick dollar, eBay could be your best bet. Learn the top selling items that can make you top dollar.
11/10/2014 06:59 AM
Top Selling Items on eBay
The items that will bring you the most money are those that are most sought after. There are some items that are worth more than others and can be easily found in your unwanted pile.
11/10/2014 06:57 AM
Top Selling Items on eBay
Certain items are statistically more likely to sell on eBay than others. Learn the best items to sell to make the best money.
11/03/2014 05:06 PM
The Most Selling Items On eBay
There are a million and one things to buy and sell on the internet. Anyone can make a dollar or two by simply putting unwanted items for sale online, but I can show you the most sought after items that will bring in the most money!
10/17/2014 05:56 AM
What to Sell on eBay for a Steady Income Flow
Often enough, a person can find something, post it to eBay and make a few bucks. Sometimes, those few bucks turn out to be a bit more than expected. Instead of hoping for the big cash in, there are certain things that are sure to bring in a steady income.
10/17/2014 05:55 AM
Best Things to Sell on eBay to Make Good Money
eBay is full of stuff people are trying to unload for cash. There are some items that get top dollar that may just be lying around your house.

More Auction Information:

Related Articles

Internet Auction Sites : Find Good Deals on Almost Anything
You can find good deals on almost everything you need on internet auction sites. There is almost nothing that you can't find over the internet.
EBay Income Possibilities
If you've ever read an article about eBay, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay.Next time you're on eBay, take a look at how many PowerSellers there are: you'll find quite a few.
Four Reasons Why You Should NEVER Use Animations In Your eBay Auctions
Inexperienced auction sellers, or those lacking in confidence, often want to make their auction listings more dramatic and exciting. They dread the possibility that buyers will be bored by their auction and turn away with indifference.
City Police Auctions of Personal Property and Autos
About City Police Departments AuctionsThe City Police Departments handle and store all evidence and property that is seized or found until it is needed for court, returned to its owner, or can be destroyed. Destruction, disposal, or return of property is determined by the property and evidence officer in accordance with federal, state, and local law.
3 Unusual Formats For Auctions on EBay
eBay users are accustomed to only two "standard" formats forsales on eBay: either the 'regular' auction which involvesbidding and waiting; and the Buy It Now, which is an instantpurchase.But there are three other formats that are less well known.
Royal Memorabilia - An eBay Prince or Pauper?
There has always been a fascination with royalty and as a niche area for collecting and auction trading, it is still a relatively accessible market. And it can also be extremely interesting.
7 Steps to Easier EBay Shipping
If you're like me, you probably hate packing and shipping the things you sell on eBay.Don't get me wrong, I love selling on eBay.
eBay Gold
Internet auctions are relatively new having been around since the mid 1990's. There are several Internet auctions including Yahoo Auctions and UBid.
Starting an eBay Home Business
Do I need to explain what eBay is?If 'Yes', where have you been living for the past 5 years? On Mars?EBay is the world's largest Internet auction site. There are a reported 30,000,000 users, but that number has probably increased in the time delay between me writing this article and you reading it.
How To Save Franchise Fees and Set Up Your Own Ebay Drop Off Store
There has been a flood of publicity generated regarding the "Small Business Opportunity" being offered to would be internet entrepreneurs.The plan is for you to purchase a franchise operation to sell products on consignment via eBay.
Finding Products to Sell on eBay
Do you know how many people in US are earning their livelihood with the help of eBay? According to a new survey conducted on July 2005 by ACNielsen, a leading research firm, an astounding 724 thousand Americans respond that they rely on eBay for their main or supplemental income. Apart from these professional sellers, another 1.
Selling Effectively on Ebay Motors
Remember back when selling online was a new experience? Dealers tried everything to sell their vehicles online. Today's market has expanded to include several hot online marketplaces but there is the largest online marketplace, Ebay.
When It Comes To eBay, Don't Follow The Herd
Q: I want to start an online business. Since I don't know anything about ecommerce and building websites and such, I'm thinking about starting out selling products on eBay, then pay someone to build a website for me once the money starts coming in.
When is Wholesale Really Wholesale
You've finally found the wholesale source for the high demand widget that is selling like hotcakes on the Internet. Thoughts of watching the money pouring in and celebrating the new found success selling widgets has you so excited that you can't wait to buy 5 widgets at wholesale and double the investment.
eBay: What Should I Sell?
There is an art to picking profitable products. It's not just what you want to sell but rather what will sell.
Making Money On EBay Can Be So Simple, Just Let Somebody Else Do All The Hard Work For You
OK, so you've been bitten by the eBay bug!You've ransacked the attic, the basement and every other room in your home to find things to sell on eBay.When friends and neighbors ask you where everything has gone, you tell them that you're going for the "Minimalist Look".
Negating Negative Feedback on eBay
Taking some pride in my one hundred percent positive feedback score on eBay, I was horrified to see a negative feedback appear against me.What had I done wrong? Had I overlooked an auction win and failed to deliver product as promised? Had I given poor, slow service? Was I rude to the auction winner?Certainly, if I had been guilty of any of these things, the negative feedback may have been deserved.
Garage Sales, Flea Markets, and Special Events... Oh My!
The activity chart is an ingenious way to find, in order, events happening in your community throughout the day. Plug in 'www.
How to Win on eBay
I've bought over 100 items on eBay over three years and am ready to share my knowledge of how to win at eBay and buy from reputable sellers.1.
Drop-ship or U-ship: That is the Question
For small Internet retailers, drop-shipping is one of the best innovations since sliced bread. How else can a start-up offer a wide variety of products and convince customers that they have a fully-stocked warehouse-while investing virtually nothing in inventory or warehousing? Before you jump right onto the drop-shipping bandwagon, however, there are some pitfalls to avoid.