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12 Dec
Many ebay new comers will wonder how can they can make money selling on ebay when they are just starting with very few feedback rating in their hands. You are probably reading this because you were searching for tips on how to quickly start and become successful selling products on eBay – you want to become an eBay PowerSeller.
Who are the Powersellers?
PowerSellers have a combination of high sales volume, at least 98% positive feedback, and at least $1000 a month in income.
Powersellers have a good number of feedback rating to back their reputation. Buyers will not trust a new ebayer as compared to a Powerseller. If you are selling the same item as a Powerseller at even a lower price, chances are a buyer will choose to buy from the Powerseller. The reputation is very important in the eBay marketplace as buyers will not want to risk their money especially on high ticket items.
Simply put, you need around 50 or above feedback rating before buyers will trust you and will start buying high ticket items from you.
You can quickly increase and gain your feedback ratings by:
Buying many cheap items on ebay - First Drawback: requires you to spend money (if you are buying fifty $1 items - you would have to spend $50 in total to gain 50 feedback. Second Drawback: People will see that all your feedbacks relates to you as a Buyer, not as a Seller.
Buying Digital Items: This is a must as you need to conclude transactions as quickly as possible to gain the feedbacks.
Selling Cheap Items: You can only list lowest item at 99 cents per auction. 50 auctions will have you end-up $50 poorer. That is not yet including ebay Final Value fees etc.
I was able to jumstart my eBay feedback rating to 50 in 3 days, by using a technique involving eBay Store as outlined by Robert Allen. I had to spend less than $1 and the fee to setup the storefront which costs way less than the above methods.
Click here to download the free eBay Powerseller Feedback Rating guide.
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