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<p>[QUOTE=&quot;afantiques, post: 2443101, member: 71234&quot;]A more businesslike test or question is how much money are you prepared to lose on however many out of 100 sales become dead losses?</p><p><br /></p><p>The probabilty of any individual sale becoming a loss is very small, over a period of regular selling it becomes a near certainty that you will have one or more losses. Lets say your average item sells for $50 and you make $10 per item. On a hundred sales you&#039;d make $1000, so if you lost one $100 item, well above your average item price, you&#039;d still be $900 ahead.</p><p><br /></p><p>If you added Just one dollar to the handling/shipping charge for all those items, you&#039;d wind up with one item lost but still have $1000 in your pocket as profit. I don&#039;t know how much signature confirmation would add to the buyer&#039;s postal costs,(and you have to remember that if the item is truly lost, it is just as lost with tracking and signature as it would be without) but if it is over $1, doing without it is the bettter course of action and one that, in conjunction with a simple self insurance, leaves you with the same money in your pocket as if you had never lost a thing.</p><p><br /></p><p>As a major advantage you have simpler delivery and a lower gross shipping price for your buyers.</p><p><br /></p><p>Remember, if the commercial shipping insurers can make a profit charging $1 per $100 cover, They must think the average risk of loss is well under 1 in 100, and their actuaries will have figures to support this.</p><p><br /></p><p>With auto or fire insurance there is a chance of a catastropic loss so you buy commercial insurance to spread the risk. With ebay items the most you can lose is whatever the item cost you plus the shipping, no chance of a massive loss so insurance is something any seller can afford to handle themselves.[/QUOTE]</p><p><br /></p>

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