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Headphoneus Supremus: HeadFest '07 Lead Organizer The DOTU
Originally Posted by euclid
nice small amp at a nice price, but asking buyers to send cash is ridiculous. Paypal fee for $150 transaction is $4.50 so why a $15 upcharge?
Originally Posted by speedbird151
you bring up a good point. i think jan needs to explain the $15 charge for paypal.
The good Doctor already explained that he is trying to keep the transaction costs down because he is probably making very little on these amps:
Originally Posted by Jan Meier
This is essentially a low-profit project and in order to keep prices low it is essential to minimize transaction costs as much as possible. Paypal, checks, money orders, bank transfers are all very expensive. The fees can be truly horrible. Therefore prices above are only valid for payments that are send cash. People who do not trust postal services may use registered post. If you like to use Paypal, wire transfer (also EU-transfers!), or check/money order then prices will be increased by EUR 10,- or USD 15
The paypal and CC fees are one thing, but processing those charges and handling paypal funds all add the time, effort and expense of each transaction. When he is offering a high quality amp for less than anyone else out there, throwing in a gold-plated mini-mini, a screwdriver and a manual, plus world-wide shipping, plus he is giving Head-Fi 10% of the total, I don't think it makes sense to quibble about $10.50, even though I don't agree that is the only cost of non-cash transactions.
In the case of the HeadFive, Dr. Meier simply wrote Jude a check for the full amount of the donation -- assuming all amps sold -- before he sold a single one. He is doing it again here to the tune of $9,000, and I think he is entitled to handle the payment question any way he sees fit.
Congrats on another wonderful sales action Dr. Meier, and thank you for your generosity to the community in this and many ways!
In the case of the HeadFive, Dr. Meier simply wrote Jude a check for the full amount of the donation -- assuming all amps sold -- before he sold a single one. He is doing it again here to the tune of $9,000, and I think he is entitled to handle the payment question any way he sees fit.
wow. that is awesome of Jan. what other manufacturer supports head-fi in this way. none that i know of.
Thanks for the explanation. For us greenpees who don't know anything, we are now straight. Anyway you slice it, this is an awesome deal. With paypal and shipped $165 vs. Tomahawk @ $318.
x2 what Voltron said. Jan explained everything very well IMO. I certainly hope everyone who reads and posts in this thread will refrain from making any sort of remark critical of the HeadSix program - what Jan is doing here benefits everyone who uses Head-fi, and offers him precious little in the way of profit for himself.
nice small amp at a nice price, but asking buyers to send cash is ridiculous. Paypal fee for $150 transaction is $4.50 so why a $15 upcharge?
It's justifiable if you're paying in USD:
At the current Paypal rates, if you pay via USD eg $150, Jan will only get 103.47EUR (due to 2.5% cross-currency Paypal fees) before Paypal fees which is 3.4%. After Paypal fees, he gets around 99EUR, which is below the selling price. If you pay an extra $15, that is, $165 altogether, Jan will get 113.83EUR before Paypal fees. After Paypal fees, he gets just under 109EUR, which is just about the selling price.