posted on September 10, 2002 01:35:44 PM new
Is it just me or are there fewer deadbeats than normal? I will probably jinx myself but I have not had a non payer in about 3 months. That is about 150 items sold on eBay and 100 on Yahoo. I think it has a lot to do with taking PayPal because about 75% used them to pay. I think that way the payment gets taken care of right away and keeps it from getting set aside to pay later.
posted on September 10, 2002 01:41:33 PM new
Fewer deadbeats:
I hope your right!
The people who decided to mail in pymts. I'm still waiting for long after the deadline!
As you pointed out paypal customers pay with in 12 hours.
posted on September 10, 2002 01:47:03 PM new
Paypal customers are the best!
I've actually been thinking of offering a discount to paypal buyers, thing is I can't decide on a %.
Have to make it so they want to use it, but not too much as to loose too much!
posted on September 10, 2002 03:54:48 PM new
I have noticed each month brings more deadbeats. I liked it when eBay auctually used the term "deadbeats" instead of Non Paying Bidders.
posted on September 10, 2002 04:01:30 PM new
Why offer a discount to Paypal buyers? If anything, I've been considering a discount for checks/money orders. I actually stopped accepting Paypal last week and have not seen any decline in bids. About 6 weeks ago I had my account restricted and I that was a very unpleasant experience. I am at the point where I am receiveing more than $1000 per week in payments and I do not want to risk the money being frozen by Paypal again.
posted on September 10, 2002 05:01:27 PM new
Well I want to add my 0.02¢ worth to this.
I use Paypal and Billpoint as well.
Last week I decided to send a Billpoint invoice to everyone that won an auction just to see what would happen.
To my amazement many paid using the Billpoint invoice I sent, especially those with 10 feedback and under. Think i'll keep doing it as it's only a few more clicks to do so. Maybe it will help cut down on the number of low feedback bidders that are deadbeats.
As far as the deadbeats go I haven't seen much change in the numbers. I figure I get about 3 - 4 out of every 100 auction wins. About 50% of those eventually pay.
