Also, how often do vendors "Escrow scam", where they don't require FE, but rely solely on the fact that in RC, they can always get usually 50% of a payment for a good that they didn't even ship in the first place?
Hi MJO,
To be honest, if a vendor has a mind to scam customers, they will not stay a vendor very long. If your stats are not good, you will not make sales. It is hard enough to keep people happy and keep your ratings high when you are providing a legitimate service! If you were ripping people off left right and center, your ratings would suck, and you would make no sales. The only way to be a long established, profitable, and reputable vendor here is to give the customer good service. Without that, a vendor is nothing, and will fail.
In theory, what you are saying is possible, but it is not a sustainable business model. You could do that for a month maybe, and then your reputation would be bad and no one would trust you to make any orders in the first place.
The only way we long established vendors managed to hang around so long is because we provide products and services that people want and need. And it is far more profitable in the long run to do good business than to scam, so it doesn't make sense ethically or financially to rip off your customers. Treat people well, and they will treat you well. Most of the time anyway..
That's just my 2 cents!
Kind regards, Googleyed