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Re: Can you share your experience selling on eBay? Dec 29, 2007 3:44 AM

in response to:
teacup
Powerseller on ebay for over 5 years now. Do it for a living. 8/15,000+ feedback...I buy my products in large quantities and offer them in combination packages not found in retail stores. If you find the product you're selling is all over ebay -avoid it -especially if readily available in retail stores. Whatever your IDEA is that hardly anybody else on ebay is doing is what sells. If not your own creation, do NOT compete on price (only) unless you're buying power is EXTREMELY leveraged to almost the price point of the landed cost of imports. Emerging trend is that SOME retail manufacturers/distributors send in a shill (relative, friend, largest vendee) with a grey market account as an additional revenue stream and kickback to them. You could be competing with your supplier w/o knowing it...
At my current GSR level of about $26k/mo. I am paying combined ebay/paypal fees of over $3k/mo. My customers are returning at the rate of about 15%/mo. (5yr. following). I have to list a product 2.5x for 7 days before it sells at the ebay SP average for that product. If you don't maintain at least a 33% auction closing rate you will lose money.
Use an automated listing tool/management system like Selling Manager Pro or Blackthorne.
Get a UserID as close as possible to your website name. Use ebay as an advertising tool to steer to your website as much as possible while sticking to ebay's rules against it.
Be prepared for cutomer service. Track everything. Be aware of the BUYER 2 for 1 Combined Shipment Scams for mail &/or INTERSTATE/INTRASTATE FRAUD run on the SELLER.
...and be prepared to pay your "dues" to learn all these things for at least the first year. After that, you should begin to have more business than you can handle if you play your cards right...