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@modestbods wrote:

 

@ $79.95 BIN with free postage (costing the seller $13.50) after postage + eBay fees +Paypal fees are deducted, the seller would be left with approximately $57.

 

@ $40 total, after postage + eBay fees +Paypal fees are deducted, the seller would be left with approximately $21.75 (= 62% less than via their BIN)

 

@ $40 + $13.50, after eBay fees + Paypal fees are deducted, the seller would be left with approximately $33.20 (= 42% less than via their BIN)

 

I think the seller has been very generous by being prepared to take approximately 42% less in their own pocket, whilst the buyer has been far from generous by asking & then demanding that the seller loses over 60% from his end.

 

 

 

OP, have you ever heard of the saying 'never look a gift-horse in the mouth' ?

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* edit: correction. I had forgot to deduct the ebay + paypal fees also applied to the $13.50 postage for the third calculation. 

@Mode

 

Three issues you failed to address. 

 

1. As a banker, I know the most important thing is due diligence, he should have read the terms and condition more carefully. What's more funny was his attempt at making BS ebay clauses. But I'm sure the seller will know this from now on.

 

2. You used the term "loss" wrong, loss happens when the expenses exceeds total renenue, or negative profit. If EBIT is positive, then it's profit, and if EBIT is negative, then it's a loss.

 

Therefore, unless you know the actual cost of the bag, you can not determine the net profit of the seller's position.

 

The way you used the term "loss" is absolutely wrong, you used the $57, which is original target EBIT + COGS as the basis for your loss/profit.

 

If the cost of the bag was $10 (which is the most like case considering how cheaply these bags are), the sellers still makes a healthy profit.

 

3. As a buyer, I simply couldn't careless what the seller's accounting position is? I mean, do you calculate JB hifi's EBIT when you buy a TV from them? Or do you try to get the lowest price? That is, you almost seek to maximum your utility, right? Of course you do. This is the primary assumption in Consumer Choice theory in Microeconomics and also one of the assumptions in MPT in finance. This is exactly what I have done, I seek to get the maximum utility from all possible sellers.

 

Fail, go get some education before try talk to me about finance and accounting.

 

Ahhhh you're a banker, now that explains SO MUCH. Sorry to tell you, but I suspect any empathy you may have had from most others here you very probably just lost with that little admission.

 

 

LOL dude, stomp your foot and spout your economics 101 diatribe all you want... it won't get you the bag any cheaper, as the seller's care level will be the same as mine @ zero. Being a banker you do of course understand what zero is, so you might want to consider that before you waste any more of your time carrying on with any more such nonsense. 

 

 

 

 

Seriouisly though, I almost wet myself at due diligence. 

LOL would they like it gift wrapped too?

 

THIS IS WHAT EBAY CREATES AND THIS IS WHAT HAPPENS!

 

It seems to me the buyers want it all for nothing and Ebay has known full well their cut is getting less and less over the years hence why they  have hit the postal service costs and  encouraged sellers to give away postal costs in a country where these postal costs are   ridiculously  high and they don't even deliver,I have  posted several items to various places in one day and all were lost. you the Seller wears this loss, you loose your items plus the refunded cash plus the postage,which takes another 20 items to sell to recover these losses ,its a joke really. China has kill it for the local seller here who cannot compete against a half price or less and free post from China and delivered anywhere because their postal service is so cheap.

Sellers here can only sell items are are collectors or antiques items that cannot be China copied and buyers either buy it at their price or move on,this is the future Ebay.

 

Cheers all

Peter

Not replying to Moller, just hit reply on the last message.

 

It seems there are some people in this world that have a conscience and some that don't. I bought an item last week for $10.50. The seller, a new seller, charged $10.75 for postage with signature on delivery. When the package arrived, the postage was $16.75, plus what it costs for SOD.

 

I did the sums and by the time eBay took their fees, PayPal took theirs and the seller paid for the extra postage not charged out of her own pocket, she was running at a loss on that item. Even if she got it for free, she was still at a loss as she had gone below zero. I did what anyone with a conscience would do. I sent her the extra money to cover the postage deficit. 

 

I didn't have to do it, especially as it was her error. She never asked for it. But, I did what I felt was the right thing to do. I didn't want to feel like I'd ripped her off, even though I paid what was advertised. The postage wasn't advertised as it was listed as pick up, but after sending her a message, she said she was happy to post. My guess is, she pushed the wrong button in the AP postage calculator, or only weighed the item and didn't take into account the packaging.

 

I guess that's the difference between myself and the OP, I know what it's like to undercharge on postage and not even break even on a sale. I know what it's like to forget to account for the crippling eBay and PayPal fees and basically pay someone to take my items off me.

 

Who wants to bet that the OP leaves a neg for the seller, or at the very least, trashes their stars......??

Hoy! l'm a banker too!!!

But l wouldn't of treated the seller the way the OP did.

l ain't a bully like.

LOL I actually worked in a bank from age 17 until just after turning 18. I was on $135 per week at the bank but I then got offered a job elsewhere paying over 1k per week, needless to say I wasn't a 'banker' for long.

I find it hard to believe you guys are blaming the buyer / op.

If you don't want the sale, say no to the offer. Or come back to them with what might be acceptable.
I bought one item from a seller who had a 2nd similar item in almost new condition for sale but it finished 2 days later.
I asked if she would do a buy it now and end the listing early. She said yes and came back $4 more than i had bid.
I was stunned (it had quite a few watchers and bidders) and had expected another 20 - 40 dollars. What am i supposed to do,
tell her to put the price up ???? Get real, i had succeeded in knocking out the other bidders and watchers by having the item removed fom sale, getting it for peanuts was a bonus.

If you want postage paid on lower offers, say so in the description.

I as a seller said in the description i would modify the postage down if it was going to cost me less
And i did so.

You dont have to sell items if you don want to. He accepted an offer.