Friday, 14 March 2008

tested out direct selling through paypal checkout

the website now has a checkout through paypal.

I tested out the £10 for 3 books system. everything is automated through paypal up to and including pre-paid postage labels. The deal is £10 in, 54p in paypal fees, 98p in postage (1st class) and 25p for the envelope and printing. The revenue is £2.74 per book. This means a profit of £1.22

If we sell an individual book for £3.99 the fees are 34p, the postage 70p and the envelope and printing are 25p so the revenue is £2.70

A the moment the packing looks a little "brown envelope" so i'll invest in slightly more upscale packing labels, return address etc - after all, each envelope is like a little moving poster ad.

Also, if I go through google checkout - which is a little fiddlier - I pay less fees 30p and 21p rather than 54p and 34p

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