Young Entrepreneur Forums  
en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
Find Qualified Vendors
 

Welcome to the Young Entrepreneur Forums

   
NBTL NBTR

Find Business Partners Get Involved in Startups Commercial Real Estate Startup Jobs Find Business Opportunities





Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 08-01-2007, 06:30 PM   #1 (permalink)
Junior Member
felixthecat's Avatar
Activity Longevity
0/20 9/20
Today Posts
0/0 sssssss15
Location: San Leandro, CA
Question Newbie COD question

Sorry but i havent been able to find too much good info about how COD works.

When the package arrives, what can i pay with? Is it literally "cash on delivery"?
can i pay with credit card, check? I'm assuming the package is being sent either by ups or fedex.
felixthecat is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Sponsored Links
Old 08-02-2007, 01:54 PM   #2 (permalink)
YE Veteran
Activity Longevity
1/20 9/20
Today Posts
0/0 sssss2773
This I know for sure: when paying COD with UPS, the sender can either request any funds (personal check, certified/cashier's check, money order, or traveller's check) or guaranteed funds (cashier's check, money order). You can never pay with cash, as it is UPS policy that drivers are no longer allowed to carry large amounts of money (for obvious reasons).
__________________
CEO - DBE (more coming soon!) | free hosting with no ads
Money at work. [tm]

(I'm not going back to moderating quite yet - I've got to get back into the swing of things here. Still, if you need help, PM me and maybe I can.)
The Stealthy One is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-02-2007, 02:30 PM   #3 (permalink)
YE Veteran
Activity Longevity
0/20 6/20
Today Posts
0/0 ssssss541
Location: LA
Hey Felix,

I just recently sent web cam orders on COD through regular US Postal service.
They will take check or cash. The amount that will be charged to you is the cost of the product plus shipping cost unless of course you negotiated a free shipping.

Hope this helps.

LT
__________________
www.face2facevideocard.com
ltressel is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-02-2007, 05:48 PM   #4 (permalink)
Junior Member
felixthecat's Avatar
Activity Longevity
0/20 9/20
Today Posts
0/0 sssssss15
Location: San Leandro, CA
thanks for the reply. Hmm, so do most CODs not accept credit cards? I have an order that i was planning to charge to our card.
felixthecat is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-04-2007, 11:27 PM   #5 (permalink)
Senior Member
Activity Longevity
0/20 6/20
Today Posts
0/0 ssssss343
None will, only checks and money orders as staded before,
Paint and Air Sportz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-05-2007, 08:02 AM   #6 (permalink)
Senior Member
Activity Longevity
0/20 9/20
Today Posts
0/0 ssssss138
I would recommend never using COD because of the logistical issues. I used it once about 15 years ago, but never again.
silversurfer is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-05-2007, 08:30 AM   #7 (permalink)
Senior Member
amg2000's Avatar
Activity Longevity
0/20 5/20
Today Posts
0/0 ssssss119
Quote:
Originally Posted by The Stealthy One View Post
This I know for sure: when paying COD with UPS, the sender can either request any funds (personal check, certified/cashier's check, money order, or traveller's check) or guaranteed funds (cashier's check, money order). You can never pay with cash, as it is UPS policy that drivers are no longer allowed to carry large amounts of money (for obvious reasons).
Good info... thanks!

Brian
__________________
Work From Home - Make $3,500+ Per Month! (Watch The Video)

Click Here to learn how a new website went from PR 0 to PR 7... in less than nine weeks!
amg2000 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-05-2007, 11:42 AM   #8 (permalink)
YE Veteran
pbradish's Avatar
Activity Longevity
0/20 7/20
Today Posts
0/0 ssssss551
Location: Minnesota
Quote:
Originally Posted by silversurfer View Post
I would recommend never using COD because of the logistical issues. I used it once about 15 years ago, but never again.
I didn't even realize that businesses still used COD. I know that I never have, and certainly never will. I've heard COD horror stories by the older, more experienced.
pbradish is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-05-2007, 03:03 PM   #9 (permalink)
Junior Member
felixthecat's Avatar
Activity Longevity
0/20 9/20
Today Posts
0/0 sssssss15
Location: San Leandro, CA
Quote:
Originally Posted by pbradish View Post
I didn't even realize that businesses still used COD. I know that I never have, and certainly never will. I've heard COD horror stories by the older, more experienced.
I'm starting an online retail right now. Pretty much every company I'm dealing with uses COD. COD is still widely used in B2B.

But these "horror stories" are mainly from the senders side right? I dont really see the risk on the buyers side, if the package is inspected correctly.
felixthecat is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 08-05-2007, 07:12 PM   #10 (permalink)
Senior Member
Activity Longevity
0/20 6/20
Today Posts
0/0 ssssss343
I use CODs whenever im first setup with a supplier, unless you have good trade refrences cods are ussually required for your first orders befor you get on net terms with them.
Paint and Air Sportz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Navigation
Register! - Join Now - It's Free
Registration at YoungEntrepreneur.com is completely free and takes only a few seconds. By registering you'll gain:

- Full Posting Privileges.
- Access to Private Messaging.
- Optional Email Notification.
- Ability to Fully Participate.

To Register now click here
Quick Register - It's Free
User Name:
Password:
Confirm Password:
Email:
Confirm Email:
Birthday:  
Check to Agree with the forum rules. 
Need Business Services?
Looking for Quotes?

LFQ

Choose a category:

Latest updates from the YE blog!
 
Forum Sponsors


Custom Logo Design by Logo Design Team for an affordable $149 Only
Click here to inquire about advertising
SEO by vBSEO 3.2.0
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Copyright 2007 YoungEntrepreneur.com Inc. / YoungEntrepreneur.com : Entrepreneur Marketing Forum