Perhaps you've heard of the term PowerSeller before. Maybe
you've done a little shopping on eBay or started doing some
selling yourself on the world's largest auction website. So
what's a PowerSeller, really? They are sellers, like
myself, who's success has been recognized by eBay. If you
want to really make money by selling on eBay, you want to
think the way we do. Get a PowerSeller frame of mind.
So how does someone gain this status on eBay?
eBay makes monthly evaluations of their sellers and they
have strict requirements. The program is entirely by
invitation only. To get in at the bronze level, you need a
feedback rating of 100 with at least 98% being positive.
You also must sell at least $1,000 worth of items or a
total of 100 items every month for three months in a row.
eBay will also be including the detailed seller rating into
this elite status this summer, and other rules are added
over time. Currently eBay has different levels of
membership as your sales increase: $1,000 total is bronze,
$3,000 is silver, $10,000 is gold, $25,000 is platinum and
$125,000 is titanium.
Status can be lost a lot easier than it can be achieved.
If a PowerSeller misses their sales quotas, or if their
feedback goes under 98% positive, eBay takes it away. So
the reader's digest version, the only sellers on eBay that
are PowerSellers have been successful for a length of time
and continue to be successful.
The Store Or The Flea Market
The most important thing to understand about the this
unique frame of mind is that selling on eBay isn't a hobby
or something that happens with luck, it is a serious
business.
Here is a good way to look at it. If you have a booth at a
flea market or at a fair, the chances are that you have a
good idea of how to sell and make money, but you sell
whatever you can find and hope it works. If your friend
has 200 pairs of shoes cheap, then that's what you'll be
selling. Selling this way can be fun. When you have a good
week, you can really score big. This, however, is no way
to run a real business over the course of time.
PowerSellers like me have the frame of mind like a real
store owner. We seem to sell the same items over and over
again. We also do silly things like keep inventories and
budgets or product and keyword research. We know what we
are going to sell, how much our cost is, what the eBay and
Paypal fees are, and how much it should sell for. Just like
a real brick and mortar store, we go through some hard
times occasionally, but our income is predictable and our
overall business maintains a healthy growth rate.
The best way to get into a PowerSeller frame of mind is to
look at the long term instead of the short term dollar.
Guard your feedback, manage and automate your selling
properly, regularly update and do regular maintenance on
your systems, provide stellar customer service and the
rewards will come to you over time. Then you'll get a
little badge next to your name that makes people trust you
more...just like the one I have!
----------------------------------------------------
Matt B Carter is a certified eBay PowerSeller. Matt goes
by the username mbcartersales on eBay. Matt became a
PowerSeller in just 90 days by selling eBooks. If you
would like to learn how to become a PowerSeller like Matt,
he shares all of his tips and secrets weekly in his
newsletter. Sign up is free and Matt gives you 10 free
eBooks just for joining. Get all the details at
http://www.MBCarterBooks.com/newsletter
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