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How to Think Like an
eBay PowerSeller
As explained earlier in this guide, 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?
How to Think Like an eBay PowerSeller






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