In another thread it was asked "Why I don't just run a group buy on the high end Dayacom component sets" That is a valid question and deserves an answer. The short answer is simple - As I read the rules for group buys, I can not do that without some changes in the rules.
FIRST) Rule 2 for group buys.
2 – [FONT="]Prior to starting[/FONT][FONT="] a Buy, [/FONT][FONT="]contact the company[/FONT][FONT="] you will be buying from and ascertain that they have enough stock of the item/s you will be purchasing to fill the anticipated orders of the Buy. Confirm the discount you will receive and any other charges that will be added by the supplier (insurance, shipping etc.)[/FONT]
[FONT="]The part in red is the first place I see a problem. Dayacom does not stock the items - they are produced after the order is received so there is no way I can comply with that rule.[/FONT]
[FONT="]SECOND) Rule 3 - C reads: C - Spell out all costs associated with the buy such as shipping, insurance and PayPal fees [/FONT]
[FONT="]Be sure to include a percentage to cover any out of pocket expenses you will have such as boxes, envelopes, mailing labels, printer ink etc. [/FONT]
[FONT="]I am a business and such costs are my overhead - I am not willing to publish all of my costs of doing business.[/FONT]
[FONT="]If I try to treat this as a personal venture I open up a can of accounting worms keeping the transactions separated from business transactions and keeping the funds associated with the group buy separate from normal business activity funds.[/FONT]
[FONT="]THIRD) Omitted from the group buy guidelines is how are any returns handled, where is the responsibility for the cost of items that might have missing or damaged parts - who is responsible for handling insurance claims if items are lost or damaged in shipment and how much funding may be reserved to cover such items, how long such funding can be held, who holds the funds and how any unused portions are to be disposed of.[/FONT]
[FONT="]In my business, the business is responsible for all of those things and they are handled by the business as part of my overhead - a cost of doing business.[/FONT]
[FONT="]FINAL THOUGHT) If someone thinks I don't know what I'm talking about and wants to run a group buy for the items I have been getting for members they are free to do so with my blessings and I will offer them all the help I can and happily pass on to them all I have learned from what I've done so far. One other item - Dayacom will NOT make any changes or adjustments it the way they do business to accomodate a group buy - even what had promised to be a very large group buy was rejected by them before it got very far.[/FONT]
FIRST) Rule 2 for group buys.
2 – [FONT="]Prior to starting[/FONT][FONT="] a Buy, [/FONT][FONT="]contact the company[/FONT][FONT="] you will be buying from and ascertain that they have enough stock of the item/s you will be purchasing to fill the anticipated orders of the Buy. Confirm the discount you will receive and any other charges that will be added by the supplier (insurance, shipping etc.)[/FONT]
[FONT="]The part in red is the first place I see a problem. Dayacom does not stock the items - they are produced after the order is received so there is no way I can comply with that rule.[/FONT]
[FONT="]SECOND) Rule 3 - C reads: C - Spell out all costs associated with the buy such as shipping, insurance and PayPal fees [/FONT]
[FONT="]Be sure to include a percentage to cover any out of pocket expenses you will have such as boxes, envelopes, mailing labels, printer ink etc. [/FONT]
[FONT="]I am a business and such costs are my overhead - I am not willing to publish all of my costs of doing business.[/FONT]
[FONT="]If I try to treat this as a personal venture I open up a can of accounting worms keeping the transactions separated from business transactions and keeping the funds associated with the group buy separate from normal business activity funds.[/FONT]
[FONT="]THIRD) Omitted from the group buy guidelines is how are any returns handled, where is the responsibility for the cost of items that might have missing or damaged parts - who is responsible for handling insurance claims if items are lost or damaged in shipment and how much funding may be reserved to cover such items, how long such funding can be held, who holds the funds and how any unused portions are to be disposed of.[/FONT]
[FONT="]In my business, the business is responsible for all of those things and they are handled by the business as part of my overhead - a cost of doing business.[/FONT]
[FONT="]FINAL THOUGHT) If someone thinks I don't know what I'm talking about and wants to run a group buy for the items I have been getting for members they are free to do so with my blessings and I will offer them all the help I can and happily pass on to them all I have learned from what I've done so far. One other item - Dayacom will NOT make any changes or adjustments it the way they do business to accomodate a group buy - even what had promised to be a very large group buy was rejected by them before it got very far.[/FONT]
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