When you see a brand-name handbag or laptop being sold on Amazon for well below its retail price, it’s hard to not hit the “Buy” button. But is it a good deal or just a counterfeit in brand-name clothing? [More]
When an eBay seller posts an item up for sale, they have the option of calculating shipping costs so that potential buyers will have a fairly accurate idea of how much their total bill will be before purchasing. But that feature is fairly worthless when the shipping costs don’t actually show up on the product page. And that’s exactly what sellers say is happening when using the company’s mobile app. [More]
Back in May, we reported that Amazon was dipping its toes into yet another marketplace venture, this one centered on handcrafted goods. At the time, the e-commerce behemoth was prepping for a showdown with the top site in the craft world, Etsy, by attempting to lure away its vendors. Fast-forward four months, and the launch of “Handmade at Amazon” is upon us. [More]
While Etsy has long been a marketplace where sellers could launch small businesses, the site has not had a Kickstarter-like crowdfunding platform for sellers to raise money to grow their businesses. Today, Etsy announced it is finally giving crowd-sourced funding a shot with the launch of a new pilot program. [More]
Amazon is apparently not content with just allowing third-party vendors to sell mass-produced items through the website. The online retail giant is reportedly prepping a new marketplace for customized, unique products, setting up a potential showdown with Etsy. [More]
Matt just got his first taste of Ebay, and it wasn’t good—as soon as he mailed off the Best Buy gift card to the buyer, the buyer reversed payment on Matt’s PayPal account and stopped communicating with him. We’re pretty sure he’s screwed on this one, but does anyone have any good advice for what he can do next?
EBay’s highly criticized fee changes—lower listing prices but a 67% increase in seller fees—kicked in last week, and next month eBay’s payment service PayPal will start holding certain deposits for up to 21 days if PayPal considers the transaction “high risk.” PayPal earns interest on any money it holds—and it’s perfectly legal because PayPal is a deposit broker and not a bank. If you do find your money stuck in “high risk” detention, there’s only one way you can attempt to earn money from the delay, and that’s by sticking it in PayPal’s Money Market Fund.
Planning on doing some buying or selling online? Wired offers some tips on how to spot scammers when you’re on eBay or Craigslist.