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RE: UK Silver Stacker starting a small ebay shop
That's absolutely fucked man...
Never even thought about that sort of thing.
How would you recommend selling then?
Thanks very much for you advice.
Have a follow:)
Thx, man I gotta pop out to post office in a min but I'll let you know my thoughts, off to London this afternoon as well so maybe not till after. is a lot of vids on youtube. but deffo sending stuff signed for help but costs more.
There's not much profit to be made without signed for parcels. Using signed for might push it into the red :/
Just got back from London. Yeah, it's one of those things I include free shipping but it is calculated into the price even the envelope is. As long as it fits through the larger letter slot at the post office £2.25 1st class signed for £2.08. I dunno I'd have to check how much for 1st class on its own is...But only thing I sent not sign for is copper rounds. Guess if you selling alot of Volume maybe worth the risk just one of those things i do as standard to protect myself from someone saying they not recieved when they have and if not signed for you cannot prove delivery.
Say you bought a coin for £20 and you wanna make 20% (I did a post on this recently) Thats £4 right..
As you can see to make the 20% you need to sell for £30.54 and ebay and paypal combined £4.29 in fees.
If you have a buisness seller account I think only 6% instead of 10% for standard sellers and thats a big advantage. So i gotta sell 5 coins to make what one is worth at that price if one goes missing I cannot afford for that to happen. Same with higher value items it's special del or nothing after the panda event but that was 1st problem in 15 years or so on ebay. But they making more than Us makes me sick that sometimes out of principle I list my coins so I make the same or more as them combined, which only fair. They charge the fee on the postage costs as well the full amount you sellan item for, Unless you list under an offer like £1 max fee and you sell within 30days. i often list more stuff when i get those deals that margins tight on them to sell at a good price. But like everything what works for one person don't work for everyone. Gotta do what you thinks best for you. Am thinking of creating a website to list some coins on soon as well. try and avoid some of the ebay fees.