RE: Surcharge Paypal users

CatHerder <[email protected]> 28 Feb 2003 05:20:08 -0000
Newsgroups gmane.comp.web.oscommerce.laws
Message-ID <b430528affd78b58b106f3c1d8b69b31@osCommerce-Forums>
This message was sent from: E-Commerce Laws
http://forums.oscommerce.com/viewtopic.php?p=121363#121363
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[quote="rseigel"][quote="CatHerder"]If a person was selling an item for $100 which they bought for $90 (total cost including shipping, taxes, etc) they "assume" they are making $10.[/quote]

Only one comment on this one. It takes a poor merchant to only realize a $10 profit on a $100 item. I personally won't touch anything I can't [i]at least[/i] double my money on. I'm not interested in giving my stuff away.  :wink:[/quote]

*shrug* don't go computer retail then. :)

If you bought an item for $50, sold it for $100, you still pay $3.85 on that sale - that's still more than 7% of your net. My original numbers were left 100's and 10's just to make it easy. Most people don't understand that a merchant rate of even 2% + $0.30 per transaction actually equals more like 4.5-15% of their net. That's all I was pointing out.