When you list an item on ebay you commit to the terms of the sale, You have to sell the item for what the final value is.
Just as a buyer has to commit to the terms of payment when bidding on an item.
If you do not do this you risk being reported to ebay & a negative rating.
Frankly it is not worth the risk of either of them!
The complete step-by-step guide to get back to selling today!
Surely selling an item at this value, meant you got what you paid for it, you just did not make a profit?
Or even just lost a slight amount of the original price you paid? Since you are losing £100 from £170?
Think about it for a second, is it really worth it?
If losing a £100 means you cannot eat as you say, you really need to think about your sales tactics.
Apologies as this may not be the right place to ask this , but I'm sure a lot of us here have sold an item too cheap and had to make an excuse. Reason I'm asking is that two of my recently sold items went for a price which just took the mick. We all love a good bargain, but we also need to eat. I want to refund the buyer, any advice?
That happens to everyone. You can't expect to make a profit on every auction and you are gonna make mistakes. Since you stand to lose a relatively large amount of money, I would just tell the buyers that you dropped the items when packing and broke it and you will refund their purchase and send them $10 extra for the inconvenience.
I once put in a wrong number for # available accidently in a BIN listing and oversold my inventory. Instead of waiting 2 weeks for my next batch of items to come in and get negatives for slow shipping, I just told the buyers that someone broke into my apartment and stole all my stuff and I can get more but is gonna take more than 2 weeks.
If you can't take a loss on the chin to preserve your reputation, you are not cut out to be in any kind of business for yourself.
You are like those dimwit buyers that bid too high and contact the seller saying that the auction ended at too high a price and they will not be paying.