As with all auction sites, eBay gets it's fair share of non paying bidders. These are users that bid and win your auction, or even use the Buy-It-Now option but then simply disappear without paying.
Time Wasters, Competitors, & Users who forget they've even bidded all make up their share of non paying bidders. As eBay charges you a final sales fee on each item sold you really need to do all you can to minimize these sales.
Although if a member fails to pay for a product, you can follow eBays procedure to reclaim the final sales fee it still takes time - even then you will not be able to claim back the listing fee & will have to relist the items again to resell them.
So what can be done to prevent a large number of Non Paying Bidders?
Well eBay has a number of options you can use when listing goods to help prevent these incidents.
One of these options is "Immediate Payment Required", which means anyone using the Buy-It-Now feature has to pay immediately otherwise the item is not sold and remains on eBay. If for some reason payment is not sent, the transaction is cancelled as if it never happened.
The second option you can use is called "Paypal account required".
Most delays in payment happen because the winning bidder is new to eBay & has not yet opened a paypal account. So, by using this option unless the eBay member has a paypal account linked to their eBay account they are not able to bid.
Most importantly, you should use your listing to explain when payment is required, normally within a few days & how you expect users to pay. If like most users you only accept payment though paypal ask your bidders to ensure they have a paypal account open before bidding.
Hopefully these tips will reduce the number of Non Paying Bidders you receive to your auctions.
Mark Kenny operates an ad-revenue sharing independent eBay forum at http://ebusinessebooks.com/forum. For any eBay related comments or queries just visit our forum for support.
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