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Group buy question.

Discussion in 'How do I?' started by Quixoticgeek, Jan 9, 2014.

  1. Quixoticgeek

    Quixoticgeek Full Member

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    I would like to organize a group buy, the rules say that I'm not allowed to ask the buyer to pay the fees. Does that mean I can't charge a different cost for the item when paying BACS vs paypal?

    The reason I ask is that we're not supposed to make a profit on group buys. Can I offer the item at two prices, one for paypal and one for BACS? If I don't I will either have to make a 30p profit on the BACS payments, or a 30p loss on paypal payments?

    Don't want to break the rules on my first group buy.

    Thanks

    J
     
    #1 Quixoticgeek, Jan 9, 2014
    Last edited: Jan 9, 2014
  2. Man of Tanith

    Mod

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    I shall ping this up for admin and get back to you mate.
     
  3. ateallthepies

    ateallthepies Native

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    When I did my Carbon felt group buy I had a price for Paypal and a lower price for bank transfer and I asked the same question and it was deemed fine to do this.

    It's the avoidance of paying the Paypal fees by paying via a gift that this site does not endorse so as long as you quote a price for each method taking into account all charges and postage it will be OK.
     
    #3 ateallthepies, Jan 9, 2014
    Last edited: Jan 9, 2014
  4. Shewie

    Shewie Mod
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    It's the seller/receiver that has to pay the fees so you need to accommodate that into your Paypal price. For goods up to £1500 the fees are 3.4% + 20p.

    So if you sell an item for £10.00, you need to charge £10.54 so you're not out of pocket. 34p (3.4%) + 20p
     
  5. Quixoticgeek

    Quixoticgeek Full Member

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    That much I had worked out, it was whether or not the group buy rules allowed you to list two different prices for BACS/Paypal.

    Thanks

    J
     
  6. Man of Tanith

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    Yup that's permitted :)
     
  7. Shewie

    Shewie Mod
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    The rules aren't very clear, hopefully Ahjno will update them at some point.

    As long as you don't leave yourself out of pocket then there's no issue, just state the price for Paypal payments rather than asking the buyer to work it out.
     
  8. Whittler Kev

    Whittler Kev Bushcrafter (boy, I've got a lot to say!)

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    I think that admin (Mods) have said it's OK :rofl::lmao:
    (MOT is a MOD)
     
    #8 Whittler Kev, Jan 10, 2014
    Last edited: Jan 10, 2014

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