Any Drawbacks to COD


Are there any drawbacks to selling and item and shipping it COD?
ehoehn

Showing 1 response by bigtee

I have done numerous COD deals through Fedex. I have only had a problem once where the package came back because the person would accept delivery. I was out of the shipping expenses.
All of this is about risk exposure. Who gets the majority of the risk. With COD, it is somewhat shared. If I send certified funds, then I'm the one at risk. The person at the other end can cash the check and ship when they want(which I have had a few lengthy delays to deal with.)
Things can go wrong either way. A person could send a box full of bricks.
COD use to be very popular on this sight, then, it was send the money. I do like Paypal even though there is a fee imposed. At least you have some recourse this way.
I have been burned twice, once with a COD and once with a money order.
I am much more cautious now and I will not send cash to someone with no feedback. I'm even hesitant about Paypal with a person with no feedback but I also know one must start somewhere.