Discussion Forum: Suggestions: Message 1006462
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 Author: Noobface80 View Messages Posted By Noobface80
 Posted: Sep 1, 2016 12:37
 Subject: Suggestion for layaway option!
 Viewed: 136 times
 Topic: Suggestions
 Status:Discarded
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Noobface80 (73)

Location:  USA, California
Member Since Contact Type Status
Feb 21, 2014 Member Does Not Allow Contact Buyer
Buying Privileges - OK
Hello! I am currently placing an order with one of the coolest store owners I've
come across, and he let me pay layaway for about 2 weeks when it hit me:
Why isn't there a layaway option? Obviously, this can benefit the seller,
and the lower-income buyers together, but before I continue, Let me explain
the concept of layaway:

Layaway is an option where you pay weekly, biweekly or monthly a set amount (agreed
on by both parties: buyer and seller) until the item is paid off.

For the seller, this means once the price is agreed on/the first payment is made,
they have to put the item aside (regardless on other buyers' offers after
an agreement is made between the first two parties)

For the buyer: This means the once the price is agreed on, you stick to the price
and stay faithful to the deal 'till the end. This also means communicating
with the seller for anything that should be noted such as change of payment account,
or change of address, etc. Missing your payment by one day could void the whole
transaction leaving the buyer at the mercy of the seller.

Both parties should remain as transparent as possible for the smoothest possible
transaction.



Due to people filing chargebacks on other people, it would be fair to give refund
permissions ONLY to the seller. This way, if the buyer breeches the contract,
or simply wants their money back, the seller could then decide if a refund is
warranted.

It's like a regular BL order, except its just broken up over time.


What do you guys think?

Message Has 5 Replies:

View Thread Re: Suggestion for layaway option! - calsbricks (8530)
[...] Voted no as this would mean tying up inventory until the process was finished and in the UK you would have to have a credit brokers license to offer 'credit' [...]
(94 months ago, Sep 1, 2016, to Suggestions)
View Thread Re: Suggestion for layaway option! - estaswick (1432)
Many sellers have the essence of this already, it's called hold order open. Many sellers will let you continue to shop for a week or two and then pay once you're complete. [...]
(94 months ago, Sep 1, 2016, to Suggestions)
View Thread Re: Suggestion for layaway option! - yorbrick (1185)
A savings jar / money box is much simpler. Save, then spend when you have enough money. I don't mind holding items bought for a week, but that is so a customer can finish [...]
(94 months ago, Sep 1, 2016, to Suggestions)
View Thread Re: Suggestion for layaway option! - JGR1014 (324)
[...] Sorry, but I gotta vote 2 thumbs down on this idea. I am striving to process my orders as fast as possible. Tying up inventory to bankroll a buyer is counter productive. [...]
(94 months ago, Sep 1, 2016, to Suggestions)
View Thread Re: Suggestion for layaway option! - Macaronis (725)
[...] The only way I would consider saying yes is if there was a % extra to me and NOT to BL for holding the order. Otherwise Hell no.
(94 months ago, Sep 1, 2016, to Suggestions)

7 Messages in this Thread:

 Msg 1 « - Noobface80 (73) 94 months ago Sep 1, 2016 to Suggestions
 Msg 2 - calsbricks (8530) 94 months ago Sep 1, 2016 to Suggestions
 Msg 3 - estaswick (1432) 94 months ago Sep 1, 2016 to Suggestions
 Msg 4 - yorbrick (1185) 94 months ago Sep 1, 2016 to Suggestions
 Msg 5 - Grego (3899) 94 months ago Sep 1, 2016 to Suggestions
 Msg 6 - JGR1014 (324) 94 months ago Sep 1, 2016 to Suggestions
 Msg 7 - Macaronis (725) 94 months ago Sep 1, 2016 to Suggestions

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The status of this message was changed from Open to Discarded on Apr 24, 2017