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Have questions about eBay? Ask them here and I'll answer!

Discussion in 'Ebay' started by roger.turner19, Mar 31, 2013.

  1. roger.turner19

    roger.turner19 Junior Member

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    Hey guys!

    I just realized that a lot of newbies have questions about eBay or about making money on eBay, so I've decided to start this thread to answer some of their questions.

    I've been doing eBay for a few years now (4 to be exact) and I pretty much know the ins and outs of having a stealth or a regular eBay.

    If you have any questions, post it here and I'll answer it ASAP. Please no flaming on anyone. We're all here to learn.

    Regards
     
    Last edited: Mar 31, 2013
  2. ytr191

    ytr191 Regular Member

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    I have a few questions.

    1. Whats your opinion on the whole dropshipping vs. wholesale?

    2. How much money do you make?

    3. What schemes would you suggest for producing the most money?

    4. Do you mentor people?
     
  3. DougG79

    DougG79 Regular Member

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    Do you really feel you know ebay and paypal well enough in 4 years to be giving help to others? 4 years is not a long time when some members here state they have been doing ebay since the 1990's? What do you feel you specialize in?
     
  4. jkay1

    jkay1 Newbie

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    How can i make £3,000,000 on eBay in 6 months?
     
  5. roger.turner19

    roger.turner19 Junior Member

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    1. I like to wholesale more than dropship simply because I like controlling my own inventory. Plus I also believe that operations can go smoother if I do it myself. Maybe it's just me. Also, I don't like the feeling of being dependent on a source for everything (shipping and stock).

    2. Last year I net about $12000 total. About $3000 in profit.

    3. There is no "scheme" it's all about building up from a small base. Start small then expand.

    4. Actually yes I do. I am currently teaching 3 of my schoolmates how to invest and operate an eBay business. Small scale for now of course.
     
    Last edited: Apr 1, 2013
  6. roger.turner19

    roger.turner19 Junior Member

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    While I know that I'm certainly the main expert on eBay I'm certain that I know more than the average newbie. This thread isn't for me to offer any radical ideas that I have, it's just to help out any newbies with questions they may have. And please elaborate on what you mean by what I specialize in. :)
     
  7. roger.turner19

    roger.turner19 Junior Member

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    First, that's nearly impossible lol. You will not get rich quick off of eBay, it is a commitment and it takes time to build from the ground up.
     
  8. XHBTR

    XHBTR BANNED BANNED

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    How can I get lots of feedbacks without any real transaction and NOT pay any fees ?

    I do not want to list cheap crap for 99 cents.

    I want to sell in the 100-200 buck range ( per item ) and i want to sell at least 100 each and every month. Even on a new account.

    I do not want to cancel any transaction either.

    Can you answer that one ?
     
  9. roger.turner19

    roger.turner19 Junior Member

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    Gotta love BHW for asking me the tough questions lol.

    1. eBay is essentially based upon fees. When you sell something, you HAVE to pay eBay fees unless you cancel the item and get a credit. However, you stated that you also did not want to cancel the transaction, making your scenario virtually/nearly impossible.

    2.On a new account, depending on when it was created (pre 2000's, pre 2010, etc) you will have an amazing amount of trouble selling in that price range. Unless you are registered as an LLC on eBay and PayPal. Of course you also have to factor in whether or not those items are VeRO. Assuming they are, you will get limited very quickly even though you are registered as an LLC. Ebay will pick up quickly and you will be shutdown quickly if you are starting new selling at those price ranges. You have to build up first by selling 1 or 2 of those items per month and build up from there.

    3. However, you also have a third option. You can purchase an account with feedback and sales from that price range. However, at the rate you want to sell those items, even this account might run into some issues. This account will be able to sell at that rate for only a certain amount of time until eBay reviews your account and asks you for supplier info.

    Two things are certain with eBay. Fees and trouble.
     
  10. XHBTR

    XHBTR BANNED BANNED

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    Well, it was a bit unfair to ask a toughie like this :)

    You know your stuff quite well. Would you be amazed to hear that it is actually possible to do what I asked for ?

    4 years of dealing with ebay does give you a nice base of knowledge , especially if you dig a lot. I think i been doing it for 14 (?) years now and are still digging
     
  11. roger.turner19

    roger.turner19 Junior Member

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    Haha, very interested to hear that it's possible lol. Yup and I guess it does. Been researching on eBay foreverr.
     
  12. XHBTR

    XHBTR BANNED BANNED

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    It is the virtual / nearly impossible things that do bring out the best in all of us :)
     
    • Thanks Thanks x 1
  13. samshanna

    samshanna Registered Member

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    Great read thx..
     
    • Thanks Thanks x 1
  14. funions

    funions Newbie

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    Where in the world is the best country to buy used electronic goods from?
     
  15. roger.turner19

    roger.turner19 Junior Member

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    Hm. Really depends on what type of electronics you are looking for.

    If you want cheap, shoddy electronics, China is the best.

    However, if you are looking for cell phones, high quality electronics, US is good but expensive, but China is risky.

    It all depends on where and who your supplier is and how much trust you have with them.
     
  16. lumla

    lumla Newbie

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    hey roger, I can't private message because I just signed up (but been a lurker lol) so please get back to me because I want to ask you something about this.. Anybody able to get these quality accounts can pm me too, thanks.
     
  17. DougG79

    DougG79 Regular Member

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    I have sent you a pm.
     
  18. al_pacino

    al_pacino Junior Member

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    1. If I am from EU, how much I will pay after a successfull sale as Ebay fees? 10%, 15% or more?

    2. As a noob, I listed as my first item for sale, an old and rare book (around 400$), but I get only around 1 view per day. What can I do to increase the number of views for my listing?

    3. When you buy from DHgate or Aliexpress, you will have to pay custom fees, isn't it? Here, in EU, the custom fees for products from outside the European Union are 25%. So, in these conditions, it will be still profitable to buy from China (DHgate/Aliexpress) and then re-sale those items on Ebay?

    4. You list your items with the purpose to gain at least 20-25% profit from each transaction, right?

    5. Any idea which products will worth to buy from China for reselling on Ebay (no fakes included, of course)?
     
    Last edited: Apr 23, 2013
  19. roger.turner19

    roger.turner19 Junior Member

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    You can usually find accounts like this for sale on Aspkin or something like that. but the problem with buying established accounts are the IP's.

    When eBay detects that you are on a different IP than one you have been using for years, it's usually an instant ban unless you have a proxy in that location. Stealth accounts are easier to use and you can quickly build up feedback by selling playing cards or ebooks.

    Just make sure that you sell these in modesty over a month so you do not get the infamous MC999.
     
  20. roger.turner19

    roger.turner19 Junior Member

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    1. Universally an eBay seller will end up paying about 15% of the total item price after the fees are calculated.

    2. It really depends on the niche that you are starting in. For books, not many people are looking for it unless it is something really well known and something that everyone wants.

    It's rather difficult to increase the listings on these micro niche's since not many people are looking for these items. You can subscribe for an eBay store to have a slightly higher gravity on your search placement, but I personally do not think that it worth it.

    3. Usually when you order from a site like Aliexpress or DHgate the seller will actually break up your shipment into different packages in order to avoid customs problems. However, I am unsure about paying the fees in the EU since I do not currently pay any fees for customs in the US.

    And about buying for profit on Aliexpress and DHgate. Yes it can still be very profitable, but you have to remember that 90% of the items listed on those sites are replicas.

    4. I try to get as much profit as I can off of each item. I think that 20% is a healthy margin. If you are selling genuine items and buying wholesale you should have no problem making a 20% profit margin.

    However, if you want to take the riskier path and sell replicas you can make even more. It really depends on what you are selling. Usually I do not recommend selling replicas because you can get caught and that is cheating.

    But I have done it before and I made margins of up to 450% on an item. Something you just have to consider. It might be worth it if you sell expensive items, but these are harder to fake.

    5. It's actually very difficult to get items to sell from China just because so many of them are fakes. You can get nonbranded clothing and list them as a style of a brand but China is mainly known for it's textile industry since they are able to produce them at a really low cost.

    Electronics from China are not usually recommended since this is usually crap. Unless these are from FoxConn and you have access to a supply of iphones I think that buying electronics are a dead end in China.

    In my opinion, textiles, toys, and that genre are the best to resell on eBay since they are cheap to make, cheap to acquire.