Ask Me Anything about selling on eBay

[ineedhelpnow]

For those who haven't chatted me me...

Been selling on eBay/Amazon/Etsy/Bonanza/eCrater/own website since 1999
Longest live stealth account from 2007
Expected that even a snarky note on their customer survey may lead to a cascade of events that lead to your account closure.

5. Thou shalt remember that 50% of buyers on eBay are idiots who won't read your listings. You must include as much information into the pictures and title as possible, since that's what half the people will make their buying decisions on.

6. Thou shalt always contact customer to let them know if there are problems. NEVER let customer find out that their is a problem by package not being delivered on the day they're expecting it. Vast majority of people are understanding if you explain it to them before they are aware that there is even a problem.

7. Thou shalt not cut corners. Building a successful long term eBay account requires patience of a saint. There are no real short cuts other than your product being as described, the price being right, quick shipment and customer service.

8. Thou shall always promise less than what you can deliver. Never promise something to a customer and not come through.

9. Thou shall not compete with chinese sellers who can make a living off 25 cent profit per sale.

10. Thou shall shut up and read free information available on the internet and follow its teachings. Like anything on internet 99% of what is written is repetitive or useless, but the 1% makes up for it. [/INDENT]

Sir in respect to commandment number 2..how would one get all those credit cards & addresses?

 

[dano2]

Sir in respect to commandment number 2..how would one get all those credit cards & addresses?

Maybe making them up and using prepaid cards.

 

[Renovo]

I would like to ask you some things toml3030.

1. How many bank accounts do you have total?

2. Whats the most active number of bank accounts you have had with 1 particular bank?

3. How long of a time frame do you go between opening a new bank account one right after another until you reach a certain number of bank accounts that your comfortable with having with that one bank?

4. Do you open bank accounts online or in person at the bank?

Only reason im asking you this toml3030 which im sure you already know ive heard that too many accounts will get you problems with the bank or even the IRS thinking that we are laundering money.

Im obviously not laundering money and i know to not keep all bank accounts with 1 bank i spread accounts around and use very many different banks that are all over the state that i live in.

Please answer the 4 questions I asked you when you get a chance thanks.

 

[toml3030]

Thanks for your replies. One of the items I listed is an Oxgord pet stroller. If you use that keyword, my item (from Panama) comes up. I look at competitors' selling rates and they seem to be selling and my price is lower, has pictures and says Free 2-Day Shipping. Idk what I'm doing wrong.

could be that your competitors have better search placement; search placement is crucial if you're selling things in a competitive category

 

[Compazz]

@toml3030 am thinking of pursuing the ebay motors selling mostly no buying is shipping vehicles online a big risk

 

[ineedhelpnow]

Maybe making them up and using prepaid cards.

As I understand this stealth account business from reading the "guides" ;one must leave the original account
unchanged & after 30 days change the bank on the profile and add our "real" routing & account number . at one point or another we will ultimately need a real bank account , my question at this point is do we have to go to 20 or 30 different banksto get different routing numbers or can the same account be used on all accounts ? Can someone elaborate please.
and Thank u

 

[toml3030]

Sir in respect to commandment number 2..how would one get all those credit cards & addresses?

You can use pre-paid debit cards and po boxes if you're in the US.

 

[toml3030]

1. How many bank accounts do you have total?

about 15-20, spread out between 3 or 4 LLC's and wife and me personally

2. Whats the most active number of bank accounts you have had with 1 particular bank?

4. I don't recommend having more than 2 checking and 2 savings account at a bank, as having too many mismatched paypal deposits might set off red flags at the bank.

3. How long of a time frame do you go between opening a new bank account one right after another until you reach a certain number of bank accounts that your comfortable with having with that one bank?

4. Do you open bank accounts online or in person at the bank?

It shouldn't matter unless you're opening bank accounts with false data which is highly illegal.

 

[toml3030]

@toml3030 am thinking of pursuing the ebay motors selling mostly no buying is shipping vehicles online a big risk

no experience with eBay motors but it seems like scam central over there, for both buyers and sellers

 

[toml3030]

As I understand this stealth account business from reading the "guides" ;one must leave the original account unchanged & after 30 days change the bank on the profile and add our "real" routing & account number.

You don't even have to have a linked bank account at all until you are ready to withdraw,

my question at this point is do we have to go to 20 or 30 different banksto get different routing numbers or can the same account be used on all accounts ? Can someone elaborate please.
and Thank u

routing numbers can be the same, as all it does is identify the bank. the account numbers must be different on every paypal.

 

[narfunk]

And for bank yes, that would work until you got to the point where you started doing above $5K-$10K a month through a paypal account, at which point they may request ID as part of risk assessment.

Thanks for the response. I'm guessing this is where the multi-party LLC comes into play to avoid this issue?

 

[Bloodarrow42]

New to selling on eBay as I have my own product in the dietary supplement niche. Thanks for the tips.

 

[CDZI Nasdaq]

Toml3030 do you ever transfer money from stealth Paypal accounts to other stealth Paypal accounts?

 

[toml3030]

Toml3030 do you ever transfer money from stealth Paypal accounts to other stealth Paypal accounts?

never ever do this. This is just asking paypal to ban both accounts.

 

[toml3030]

Does it sound like a scam? Would you buy?

does what sound like scam?

 

[solheartblaze]

Sorry this might be a newbie questionare, but i just want to clarify. Is it okay to use a personal checking account for paypal business account?and is it possible to open a multiple checking account inside a personal checking account (BoA)?

Thx you before

 

[toml3030]

Sorry this might be a newbie questionare, but i just want to clarify. Is it okay to use a personal checking account for paypal business account?and is it possible to open a multiple checking account inside a personal checking account (BoA)?

Thx you before

yes, they don't really care as long as the account can take transfers. It's not recommended that you open too many bank accounts at one bank because too many mismatched deposits may cause a problem.

 

[ZiggyZigster]

I have been selling on Ebay for many years, and have a business paypal account, Suddenly Ebay have changed there polices and no longer allow me to sell the items, I was selling custom coins from china, made a decent profit but now they have banned me from listing for 30 days, Is there anyway around this.. Thanks..

 

[toml3030]

I was selling custom coins from china

"custom coins"...you mean fakes, right?

 

[ZiggyZigster]

Some were, and some were custom made.