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" I don't mean any disrespect, but an actual label affixed to the package looks more professional and businesslike, in my opinion. "
Maybe, maybe not.
Case #1
Nice professional postage label costing the buyer $15.00 (actual out-of-pocket postage cost to seller)
Case #2
Postage stamps of different denominations adding up to $15.00 but costing the buyer only $12.00
A note by seller to buyer: "Although it is time consuming for us, we are using discount postage on your parcel to save you money through lower shipping charge."
As a buyer, I would rather save $3.00 than having a "professional and businesslike looking postage label" And I suspect most buyers feel that way (in addition, after giving the buyer the benefit of some of the postage savings, you would make extra profit for yourself as discount postage is generally available with better discount than 20% from face value).
Different strokes for different folks.
ok maybe a stupid question here but what is "cookie jar insurance"? 
" "cookie jar insurance"" = self-insurance.
For example, let's say that you pay Canada Post or other carrier or private insurer about 2% of the value of the goods to "insure" them against loss or damage.
With "cookie jar insurance" (self-insurance) you would put aside 1% of the value of the goods shipped and not bother with paying extra anyone for insurance.
If you sell $10,000 a year, your "cookie jar insurance" would contain $100 at the end of the year, more than needed - in most instances - to pay whatever claims are made for damage or non-receipt.
If you sell $100,000 a year, your "cookie jar insurance" would contain $1,000 at the end of the year, more than needed - in most instances - to pay whatever claims are made for damage or non-receipt.
Over the years I have sold millions of dollars worth of goods by mail (mostly lettermail/letterpost) - never insured by the carrier - using self-insurance - and my average losses have been less than one quarter of one percent per year.
Taken from the "Business Prices-2017 Contract Customers and Solutions for Small Business". In contrast, the "2017 Parcel Services Commercial Price Guide" does not have that note written.
ahhh and the light goes on ...no I am not using ebay anymore, I have my own website. Now that being said light packet has always been an option on paypal but I guess it is now only available to ebay sellers? Well that changes everything.
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