Comments on: Making Extra Money on eBay Edition http://moneysmartlife.com/making-extra-money-on-ebay-edition/ Money Tips for a Better Life Thu, 11 Mar 2010 16:15:35 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Andrew http://moneysmartlife.com/making-extra-money-on-ebay-edition/comment-page-1/#comment-157141 Andrew Sun, 02 Aug 2009 23:41:57 +0000 http://moneysmartlife.com/?p=2154#comment-157141 I am going to try to not rail against eBay, but recent changes make earning money very difficult for an average person. They have raised fees across the board, favoring powersellers that make money selling more product at lower margins. As ebay has changed from more of a online garage sale to an online mall the marketplace is dominated by these sellers. Considering your time, shipping fees, listing and final value fees (upwards of 10%!), and the hassle, unless you find real bargains, create something compelling, or simply need to get rid of stuff (without profit-making as a goal) I don't feel that it is worthwhile to sell on ebay. The very nature of the site also creates problems, like the experience with the router you described. Bad buyers and bad sellers can easily rip off their counterpart, and ebay/Paypal does not have very good systems in place to remedy the problems. Just my 2 cents. I have sold many items on ebay, sometimes with the goal of just making a profit. I haven't for a while however, because it simply is much more difficult nowadays. I am going to try to not rail against eBay, but recent changes make earning money very difficult for an average person. They have raised fees across the board, favoring powersellers that make money selling more product at lower margins. As ebay has changed from more of a online garage sale to an online mall the marketplace is dominated by these sellers. Considering your time, shipping fees, listing and final value fees (upwards of 10%!), and the hassle, unless you find real bargains, create something compelling, or simply need to get rid of stuff (without profit-making as a goal) I don’t feel that it is worthwhile to sell on ebay. The very nature of the site also creates problems, like the experience with the router you described. Bad buyers and bad sellers can easily rip off their counterpart, and ebay/Paypal does not have very good systems in place to remedy the problems.

Just my 2 cents. I have sold many items on ebay, sometimes with the goal of just making a profit. I haven’t for a while however, because it simply is much more difficult nowadays.

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