Thursday, May 1, 2008

The Pros and Cons of Using Craigslist.org to Make Money - Part 2

In case you haven't read part 1 of this article, please visit here.

Limited Reach

Although, Craigslist is a popular ad website that has millions of visitors browsing it’s pages. But, all of those visitors are distributed among 450 locations. This is a disadvantage of Craigslist. You can’t advertise your business or products in more than one location at a time. If you are selling toys, and definitely you would prefer to market your toy products to people anywhere on the world. But craigslist.org is limiting you on this aspect.

No Seller Protection
Craigslist doesn’t offer protection of any sort to sellers. Unlike auction websites where they usually have a set of procedures to protect both the buyer and seller from dishonest individuals. When doing business in Craigslist, you make contact with your potential buyers and wish that they will not cheat or scam you. You will have not idea whether they are honest person who really want to do business with you or they are just a criminal that is dangerous to you. You will have to meet your buyers to deliver the product to them. You can ask them to come to your home or arrange to meet at a location. It is fine to meet someone if the item is small. But if you are delivering a big and heavy item, then it will be hard for your to bring the item to the meeting location.

You will Bear the Loss in Fraudulent Transaction
Craigslist.org does help seller to keep away from fraudulent transactions by posting notice explaining how to prevent these situations. Since Craigslist.org is free, they only manage to give advice to the sellers; they don’t take extra responsibility to help protect the sellers. Unlike the auction sites that charge listing fees, as you are paying for the listing fees, the auction sites provide an extra level of safety and security. On an auction website there is recourse if someone sends you a bad check or if someone sends your payment through PayPal and then reverses the payment. But in Cragislist.org, you only find the recourse through law enforcement for a bad payment like returned check or PayPal reverse. Your chances of getting back the product you sent out is not good. You probably suffer a loss for these fraudulent activities.

Conclusion
Now that you know both the pros and cons of using Craigslist.org to make money, you can decide whether it is worth using Craigslist. When reading the advantages, you will find that Craigslist is a great website that can you help you make money and want to give it a try. But when you review the drawbacks, you may have changed your mind. So, to decide whether you should use Craigslist for your business, you need to weight the pros again cons to see whether it is right for you to make money online.

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