eBay and Craiglist, the reality of doing business.
**The Realities of Running a Business on eBay and Craigslist: A Seller’s Perspective**
In this video, the seller shares their experiences and insights into running a business on platforms like eBay and Craigslist. They discuss the most common questions they receive from potential buyers and the challenges they face in managing transactions and customer interactions.
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### Common Questions Asked by Buyers on eBay
The seller has compiled a list of six frequently asked questions that they encounter from buyers on eBay:
1. **What condition is it in?**
The seller explains that they provide a minimum of six detailed photos of the item, as well as a textual description. Despite this, buyers often ask about the condition of the product. The seller’s response is to refer buyers to the photos and the listing description, as they feel these details are already provided in full.
2. **Does it work?**
Buyers frequently ask if the item functions properly, even though the seller clearly states that it works and includes a money-back guarantee in their listings. The seller advises buyers to review the warranty information provided in the listing.
3. **Will you take XML or make an offer?**
On eBay, buyers are not allowed to make offers on items listed with a “Buy It Now” price. However, the seller still receives offers every day, often for significantly lower amounts than the listed price. The seller either ignores these offers or tells buyers that the price is fixed—take it or leave it.
4. **Will you send me a laptop for free?**
This question has surprised the seller. Buyers sometimes request free items, accompanied by stories about financial hardship. The seller responds sarcastically but finds that some buyers take this seriously and expect a free product. The seller emphasizes that they cannot afford to give away items for free due to their thin profit margins.
5. **Will it run [specific program]?**
Buyers often ask if the item can run specific programs, which may be obscure or niche. The seller explains that unless the program is well-known (e.g., Skype), they cannot guarantee compatibility without researching system requirements. They suggest that buyers should do this research themselves before purchasing.
6. **What are the specifications?**
Buyers frequently ask for detailed technical specifications of the item, such as whether it has an optical drive or how much memory it has. The seller notes that this information is already listed in the product description and photos. They mention that including a photo of the item with a DVD inserted has largely eliminated questions about optical drives.
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### Challenges After the Sale: Non-Payment and Returns
The seller highlights two major issues they face after transactions:
1. **Non-payment by buyers**
Approximately 10% of eBay sales result in non-payment, even for items where buyers have clicked “Buy It Now” or won an auction. Common excuses include car accidents, children buying the item without permission, or buyers simply changing their minds. The seller finds these excuses implausible and notes that PayPal often sides with the buyer in disputes.
2. **Overpayments and Returns**
The seller used to offer auctions with significantly higher prices around holidays, which led to overpayments and returns. They switched to fixed “Buy It Now” prices to reduce this issue. Despite offering a 30-day money-back guarantee, returns are still a hassle due to the time and effort required to process refunds and recondition items.
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### Doing Business on Craigslist
The seller also shares their experiences with Craigslist:
1. **Questions about price**
Even though they clearly list prices in their ads, buyers often call to ask for the price of the item. The seller attributes this to a lack of reading on the buyer’s part and finds it frustrating.
2. **In-person visits and negotiations**
Some buyers visit the seller’s location after discussing the sale over the phone, only to attempt to negotiate the price further. The seller emphasizes that their profit margins are too thin to allow for price reductions.
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### Conclusion
Running a business on platforms like eBay and Craigslist comes with its own set of challenges. From dealing with repetitive questions about product condition and functionality to managing non-payment issues and returns, sellers must be prepared for a variety of situations. Clear communication, patience, and adherence to platform policies are essential to navigating these challenges successfully.