| Selling your stuff in an online
auction |
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You immediately e-mail Dbanner:
Congratulations! You are the winning bidder of
a vintage Incredible Hulk metal lunchbox with a matching thermos.
Please pay within 10 days using Paypal. Please e-mail your name
and shipping address to me. Including insurance, the shipping cost
is $5.60. Added to the final auction cost of $41.99, the total payment
should be $47.59.
If you do not want to pay for insurance, the shipping
cost is $4.30, which would make the total $46.29. However, as I
stated in the item description, I am not responsible for loss or
damage if you do not pay for insurance.
Sincerely,
HulkFan
You print a copy of this e-mail for your records.
The next Tuesday morning the payment, which includes
insurance, is posted to your account. In your inbox is an e-mail
from Dbanner including his name and mailing address. You print a
copy of the e-mail for your records.
During lunch, you take the lunchbox and thermos, which
you have carefully packed in Bubble Wrap and sealed in a USPS priority
box, to the post office. You pay for postage, delivery confirmation
and insurance and save the receipts and tracking numbers.
Back at the office, you e-mail Dbanner:
Dear Dbanner,
I have just mailed the Incredible Hulk lunchbox and thermos (item
No. 19781982) to your P.O. Box in Bethel, Ala. The post office said
you would receive it within three days, weather permitting. I have
pasted the tracking number below. Please let me know when you receive
it and if you are happy with it.
Sincerely,
Hulkfan
On Monday you receive an e-mail from Dbanner:
Got it! Love it! I posted positive feedback for
you.
Using the feedback form e-mailed to you by eBay, you
see that Dbanner left feedback saying:
Great seller! Item was exactly as described and
well-packed. Communication was great!
You leave feedback for Dbanner:
Great bidder! Paid promptly and was very polite.
Off to the movies
You sit down with a calculator to figure out your final profit after
fees and postage. Shipping was $4.30 (which includes delivery confirmation
for 45 cents), plus insurance ($1.30); PayPal transaction fee of
30 cents plus 2.9 percent ($1.21); plus 50 cents listing fee; plus
final value fees of $1.31 plus 2.75 percent of $41.99 minus $25
(47 cents) totaling $1.78. The reserve price was met, so the reserve
fee was refunded. Total cost adds up to $8.18. Your total profit
was $39.41.
You have enough money to take your girlfriend to the
movie ($13), buy popcorn to share ($3.50) and Cokes for both of
you ($7) and still have change to get a bone for your dog ($5) on
the way home. With the remaining $10.91 you can buy a few beers
for Chris and beg his forgiveness for the lunchbox incident.
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