Hi, Im selling yugioh cards, around $0.01 cent a card just $3.95 for S&H. So basically my total profit is around $5. It cost me around $2 for shipping and around $0.50 for the transaction in the paypal. Basically they stole half my profit. Is there any wayz I can maximize this profit. How do I avoid that $0.39 charge per incoming transaction on paypal, because if im selling around 1000 items. They would charge me around 400 bucks and thats just insane. Also I want to ship let say one yugioh card, and I put it in Ultra Pro Deck Protector sleeve and toploader to make sure it wont bent. Can I send it in a regular mail envelope with a $.39 cent first class mail stamp? Or do I have to send it in parcel mail? IM kinda confused in that.
2007-07-09 07:14:48 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Your math and your business concepts are a little off. First off, 3.95 + .01 is around $4, and this is your revenue, not your profit. Profit is what's left over after all your business expenses are subtracted. In this case, that paypal fee (along with shipping charges, the cost of the card, and the costs of the shipping materials) are your expenses.
So, they're not "stealing" anything, you just have an unrealistic idea of what constitutes "profit."
2007-07-09 07:27:08 · answer #1 · answered by stmichaeldet 5 · 0⤊ 0⤋
You CAN'T avoid the PP charge - unless you downgrade to a Personal Account which means you can't accept credit card payments, only balance payments.
2007-07-09 14:17:32 · answer #2 · answered by Sal*UK 7 · 0⤊ 0⤋
Do all of your transactions in cash, and personally deliver all of your items. That's sticking it to the man.
2007-07-09 14:18:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋