Search
Recommended Sites
Related Links






Valid XHTML 1.0 Transitional

Valid CSS!
   

Informative Articles

Buying Fitness Equipment On eBay: Deals or Duds?
With tens of millions of registered members and more than 12,000 items listed, eBay is, without a doubt, the world's largest Internet marketplace. And you can buy just about anything there--from CDs, movies and vitamins to first edition books,...

Buying Used Dell Laptops, PC's and Servers on eBay - How to be successful.
Two years ago I needed a way to refresh more PC's and Laptops at my company without spending more. New Dell laptops were great but expensive and over the years we had accumulated many Latitude C series parts. The C series ran from the CPX C600...

eBAy: Don't Believe All the Hype
Three billion dollars (that's billion with a "B") in revenues, 135 million users, millionaires all over the place at eBay! Yeah, eBaby!!!, to steal a line form another great author. (See "EBay: No Way.Yes Way (Ten Seller Themes) by Barbara Snyder...

Seven Ways to Make Your eBay Auction Fail
I don't know how many books there are by now that propose to tell you how to succeed on eBay, how to make lots of money on eBay, or how to become a millionaire through eBay. Here are a few of my tips on how not to make money with an...

Taxing Ebay Part Deux
When my column on paying income tax on eBay profits ran it brought a wave of emails on whether you were required to report income earned from eBay sales to the IRS sparked a number of additional questions and comments from eBay sellers who...

 
Have You Got eBay PowerSeller Potential?

What exactly is a PowerSeller? PowerSellers are the eBay members that have made it, you can recognize them by the 'PowerSeller' badge next to their name. You've probably seen these people across eBay as you go about your usual business - to succeed on eBay, you need to think the way they do.

How do you get Awarded PowerSeller Status? eBay decides who can be a PowerSeller and who can't, and they have strict rules. To get in at the minimum PowerSeller level, you must have a feedback rating of at least 100 (minimum 98% positive) and sell at least $1,000 worth of items every month for three months in a row.

There are different levels of PowerSeller membership as you sell items of greater value: $1,000 is bronze $3,000 is silver $10,000 is gold $25,000 is platinum $125,000 is titanium

If PowerSellers ever fail to meet the required amount of sales, or their feedback falls below 98% positive, then they lose their PowerSeller status. Essentially the only eBay users that get to be PowerSellers on eBay are the users that have been successful for a while and are on track to stay successful.

The Marketplace and the Shop. This is the most important part of understanding how PowerSellers think. They don't see what they're doing as being some random bazaar, or a hobby - instead, they see themselves as a business.

For example, if you run a stall in a marketplace, the chances are that you have a general area of business, but you mostly just sell whatever you can get your hands on that week. If your dodgy buddy got his hands on a job lot of something at a discount, then that's what you'll be selling. This might be fun - and when you have a good week, you'll have a really good week - but it's no way to run a real business in the long-term.

PowerSellers think far more like shops. They sell the same things again and again, every week - regular stock for regular customers. They do 'boring' business things like keep inventories and budgets. They know what they're going to be selling, how much they buy it for and how much they expect to sell for. Just like a real shop, there can be hard times sometimes, but their income is stable and their business can grow slowly.

The best advice I can give you on thinking like a PowerSeller is this: don't take long-term risks for short-term gain. Look after your reputation, manage your selling properly, provide good customer service and the rewards will come to you in due course. And you'll get a little badge next to your name that makes people trust you more!

One option that you may of missed is - What can eBay do for any other businesses you have. Millions of people visit eBay every day - why keep everything separate when you're starting to tap into that kind of power?

In fact $14 out of every $100 spent online is spent at eBay!

About the author:

Darren Yates has learned of a guy, Brandon Dupsky, that makes $22,000 a DAY! on eBay selling everyday stuff. Do you think you could too? - http://www.how-to-make-money-online.inf/eBay-millionaire/

Sign up for PayPal and start accepting credit card payments instantly.