How to Think Like an eBay PowerSeller.

So what's a PowerSeller? PowerSellers are the people on eBay who've made it, recognisable by the little 'PowerSeller' badge next to their name. You've probably seen these people around - and to succeed on eBay, you want to think the way they do.

How to People Get the Right to Call Themselves PowerSellers?

eBay gets to decide who can be a PowerSeller and who can't, and they have strict requirements. To get in at the minimum PowerSeller level, you must have a feedback rating of at least 100 (minimum 98% positive) and sell at least $1,000 worth of items every month for three months in a row. There are different levels of PowerSeller membership as you sell items of greater value: $1,000 total is bronze, $3,000 is silver, $10,000 is gold, $25,000 is platinum and $125,000 is titanium.

If PowerSellers ever fail to meet the required amount of sales, or their feedback falls below 98% positive, then they lose their PowerSeller status. In short, the only people who get to be PowerSellers on eBay are the people who have been successful for a good while, and are on track to stay that way.

The Shop and the Marketplace.

This is the most important part of understanding how PowerSellers think. They don't see what they're doing as being some random bazaar, or a hobby - instead, they see themselves as a business.

Put it like this. If you run a stall in a marketplace, the chances are that you have a general area of business, but you mostly just sell whatever you can get your hands on that week. If your dodgy buddy got his hands of a job lot of something at a discount, then that's what you'll be selling. This might be fun - and when you have a good week, you'll have a really good week - but it's no way to run a real business in the long-term.

PowerSellers think far more like shops. They sell the same things again and again, every week - regular stock for regular customers. They do 'boring' business things like keep inventories and budgets. They know what they're going to be selling, how much they buy it for and how much they expect to sell for. Just like a real shop, there can be hard times sometimes, but their income is stable and their business can grow slowly.

The best advice I can give you on thinking like a PowerSeller is this: don't take long-term risks for short-term gain. Look after your reputation, manage your selling properly, provide good customer service and the rewards will come to you in due course. And you'll get a little badge next to your name that makes people trust you more!

One possibility that you might have realised so far is what eBay can do for any other businesses you might have. Remember, millions of people visit eBay every day - why keep everything separate when you're starting to tap into that kind of power? The next email will show you a few ways you can use eBay to grow your other businesses.

 

[Home]
[eBay: The First 10 Years.]
[EBay Income Possibilities.]
[How to Choose the Right eBay Product Category.]
[eBay Title Writing Tips.]
[How to Use eBay to Grow Your Other Businesses.]
[Taming the eBay Search Engine.]
[What You Need to Know BEFORE You Get Started on eBay.]
[10 Sure-fire Ways to Kill Your eBay Business.]
[How to Think Like an eBay PowerSeller.]
[When Things Go Wrong: How to Resolve eBay Disputes.]
[A Beginner's Guide to the Different eBay Auction Types]
[Staying Out of Trouble with eBay's Listing Policies.]
[Learning the eBay "Lingo".]
[Is the eBay Customer Always Right?]
[What's Your eBay Reputation Really Worth?]
[eBay - Part Time or Full? How to Decide.]
[Tips and Tricks for Using eBay Search.]
[Watch Out for eBay Automobile and Computer Scams.]
[10 Steps to Successful Selling on eBay.]
[How to Get eBay Coupons.]
[Tips for Buying Collectibles on eBay.]
[5 Simple Steps to Posting Your First eBay Auction.]
[SafeHarbor; eBay's Own Scotland Yard.]
[An eBay Seller's Checklist.]
[eBay Description Writing Tips.]
[10 Tips for Increasing Your eBay Response.]
[An Introduction to Bidding and Buying on eBay.]
[How Important is Your Buyer's Reputation?]
[Your Rights as an eBay Buyer.]
[Using PayPal on eBay.]
[How Important is Your Buyer's Reputation?]
[The eBay Buyer's FAQ.]
[How to Check an eBay Seller's Reputation (and Why You Should Do It).]
[Understanding the Different eBay Auction Types.]
[eBay Auction Buyer's Tips and Tricks.]
[Introducing the New eBay "Buyer's Credit" Program.]
[When to "Buy Now" and When to Bid.]
[When and How to Withdraw Your eBay Bid (and Why You Might Not Want To).]
[You Won that eBay Auction! Now What Do You Do?]
[Taking Advantage of "Slow" eBay Auctions.]

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