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 Replies: 24 / Views: 2,628 |
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Pillar of the Community
 Russian Federation
1557 Posts |
Did I understand correctly that $ 1.75 will give me the opportunity to pay all the fees of ebay and paypal + will cover the delivery of$ 1 and I will not remain in the red ? |
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Valued Member
United States
309 Posts |
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Valued Member
United States
309 Posts |
And just like that the calculator changed! Last night and for as long as I have been using it, it merged PayPal and ebay fees. Now it's separating them as Managed Payments are the new method. |
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Pillar of the Community
Russian Federation
1557 Posts |
What is "AMOUNT AFTER FEES"? I specified a price of 1.75, PayPal takes $ 0.33 and indicates " AMOUNT AFTER FEES: $0.67"
I'm even more confused.
Edited by Slerk
07/07/2021 09:37 am
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Valued Member
United States
309 Posts |
Slerk, I am presuming you do not have an ebay store. So with a cost of $1.10 and .65 to ship the coin, you would need a price of $2.35 to break even. The "free shipping" on ebay is to the buyer. Seller always pays actual shipping charges when he offers "free shipping". |
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Pillar of the Community
Russian Federation
1557 Posts |
I think I realized my mistake. It is necessary to put dots, not commas. But I still didn't understand the value of AMOUNT AFTER FEES
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Pillar of the Community
Russian Federation
1557 Posts |
Quote: I am presuming you do not have an ebay store. So with a cost of $1.10 and .65 to ship the coin, you would need a price of $2.35 to break even. The "free shipping" on ebay is to the buyer. Seller always pays actual shipping charges when he offers "free shipping" . I know that delivery is never free for the seller. I also wanted to give some explanations. I will repeat myself. The cost of the coin is 10 cents + 1 dollar delivery. Total cost of the coin including delivery 1.10$ |
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Pillar of the Community
 United States
7955 Posts |
Quote:Did I understand correctly that $ 1.75 will give me the opportunity to pay all the fees of ebay and paypal + will cover the delivery of$ 1 and I will not remain in the red ? No. I said in that post that if I offer the coin with free shipping, I would need to add the shipping cost. For me, that is $0.65 (including fees). If delivery costs you $1, and you are rolling this into the price of the item, and your fees are 20%, then you must add $1.20 to break even including your delivery cost. ... and you begin to see why buying and re-selling the same low value item on ebay is a questionable proposition: it is unlikely you can sell at $2.95 (or much more if you actually want to earn something!) the item for which you paid $1.10. Edited by tdziemia
07/07/2021 4:37 pm
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Pillar of the Community
United States
2869 Posts |
Don't forget the risk of the customer saying they did not get the item in the package without tracking and lying to you. I chose to spend the extra money on the shipping not to get scammed and lose all the money. Unless it is a low value item. I usually don't use ebay on something with a profit of under $3. |
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Valued Member
Australia
66 Posts |
@Oldfordman
I had that happen a few times, and now in all my listings I include...
Shipping Options:
- Free postage for standard domestic
- $4.50 for registered post (includes signature + tracking)
We recommended you choose registered shipping for your purchase as we do not take responsibility for untracked products lost by Australia Post in transit.
For any coins valued over $50 I ONLY offer postage that includes tracking.
Edited by drowning
07/08/2021 12:21 am
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Valued Member
Australia
66 Posts |
For calculating profit, I have a spreadsheet I use.
I have a business account, so my profit calc is:
(LIST PRICE + SHIPPING PRICE) - (((postage cost + packaging)+(ad 5% * List Price) + (coin cost) + ((list price + shipping price)* 12.9%) + $0.33)) * 1.1 for 10% GST)
Definitely recommend setting up a spreadsheet with your profit formula so you can just copy/paste it. Makes pricing much easier and prevents losses.
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Pillar of the Community
Russian Federation
1557 Posts |
@drownin Thank you for your help, but I will use the ready-made calculator offered by Singer. Quote: ... and you begin to see why buying and re-selling the same low value item on ebay is a questionable proposition: it is unlikely you can sell at $2.95 (or much more if you actually want to earn something!) the item for which you paid $1.10. . Sometimes I manage to find good coins on the domestic market that I can resell with a good profit, but more often I just buy coins that in my opinion seem attractive to me and that I myself would like to put in the collection, but alas they turn out to be too cheap and I get almost no profit with it. I don't know yet which category I should delve into in order to have at least a modest income for the purchase of new coins in my collection. |
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Pillar of the Community
United States
7955 Posts |
Quote:
I just buy coins that in my opinion seem attractive to me and that I myself would like to put in the collection, but alas they turn out to be too cheap I've done that a few times, too. But I am only paying $0.20 at my local coin store, so even if I sell it for $0.99 (I never use free shipping) I can break even. |
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Valued Member
United States
157 Posts |
Quote:
I don't know yet which category I should delve into in order to have at least a modest income for the purchase of new coins in my collection. As the saying goes, it takes money to make money. "Modest" is a very broad word. From a western perspective, your best bet is anything Imperial, in my opinion. Coinage up to 1917/8, especially gold (silver, too), I'd imagine could offer you a very good return, especially if graded/certified. Low-value coins, as many have said, have very low margins for resellers, so the hassle may not be worth the time and few cents made. Sadly, Russia and China have a reputation as reliable sources for fakes and forgeries, so you might need the third-party grading or a great ebay reputation to overcome that. Edited by classic_coin
07/09/2021 11:36 am
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Bedrock of the Community
United States
20753 Posts |
I'm glad I don't use ebay. |
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Replies: 24 / Views: 2,628 |
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First Page
Posted 07/07/2021 08:53 am
