MY MAIN MISTAKES WHILE MAKNG BUSINESS ON EBAY
Ebay is one of the most popular online stores in the world. Amazon is the most serious competitor of eBay. Both of these online trade giants have their own benefits and advantages. While comparing Ebay with Amazon, I make a conclusion that making business on Ebay is more profitable and convenient than Amazon business. I finished my Amazon business the same day I started it. Amazon fees are too high too high. Of course, you can make some good money by making business on Amazon. However, you will need to keep in mind some peculiarities of making business on Amazon. For example, it is near to impossible make a successful Amazon business by dropshipping. While using dropshipping, you will find out that thousands of other sellers are already selling the same products you are planning to list. Thus, you will never be able to set your individual prices on Amazon. At the same time, you can succeed by making business on Amazon if you sell some unique and unusual items. This is the only way to succeed on Amazon. In some of my previous articles, I have explained this in details. Ebay has lower fees than Amazon. Nonetheless, it is also very unlikely that you will build a reliable business by selling dropshipping products on Ebay. We see the same situation on both Amazon and Ebay.
Actually, I did not plan to compare Ebay with Amazon in this blog post. I have already made some comparisons and reviews in some of my previous posts. Today, I will talk about making business on Ebay. I know eBay business very well. I have made good profits by selling luxurious items on Ebay. Currently, my Ebay seller account is permanently suspended. I can buy products on Ebay, nonetheless, I cannot sell anything on Ebay anymore. My Ebay business did not last long. I made lots of successful conversions, and then, my seller account was suddenly limited from selling. Ebay did not explain me the reasons why they suspended my seller account. This is how my Ebay business came to its over. Even though Ebay did not explain to me the factors made them set permanent limitations on my seller account, I know about the reasons that caused this issue. Currently, I am not selling anything on Ebay. I solely do some shopping there. Ebay warned me that I am not allowed to open a new account. If I am suspect in this, they will permanently delete my buyer account. I do not really want to lose the ability to buy products on Ebay since it is my favorite online store. Therefore, I am not going to open up new seller accounts. I do not want to risk. In today’s blog post, I will tell you about the major mistakes I made during making business on Ebay. These mistakes caused my seller account suspension. This will be a very beneficial reading. You will learn about the things you should never do while making business on Ebay.
1) I STARTED MAKING BUSINESS ON EBAY BY LISTING EXPENSIVE PRODUCTS
You need to be aware of particular things before starting making business on Ebay. I did not know about those things, and therefore, my seller account is suspended now. When you are a beginning seller on eBay, the eBay team will not trust you much. New sellers always look very suspicious. While making business on Ebay, you will need to build a high reputation at first. Forget about making huge profits and conversions in the beginning of your Ebay business. When you’re your reputation is already built, you will have a lot of time to start making serious money by making business on Ebay. First of all, emphasize your efforts at building a good reputation. This must be your first concern. Beginning sellers start listing brand products to make a huge profit as soon as possible. This was one of the mistakes I made while making business on Ebay.
The first item I listed on Ebay was a brand new Gucci cap. It was an original cap from Gucci. I sold it for by 60 $. In fact, I sold many Gucci caps on Ebay. My profit was enough serious. When your items cost much, you will not be able to list as many products as you want. Ebay has some limitations for beginning sellers. Consequently, while selling an expensive product, you are not able to receive many positive feedbacks in order to improve your overall rating. If your selling limit is 300 $, and each of your products cost at least 100 $, you will sell only 3 items. Thus, you may get 3 positive feedbacks. Therefore, it is always better to lit cheap items in the beginning of your business on Ebay.
I did an absolutely opposite thing. I started making business on Ebay by selling expensive brand clothes. Hence, I was not able to get enough positive feedbacks to become a trustworthy seller. This is one of the reasons why I got my seller account permanently suspended.
Listing loads of very cheap items is the best strategy to start making business on Ebay. When you list cheap items, you will have most of them sold very quickly. What is more, you will get a lot of positive feedbacks in a very short period of time. Thus, you will be able to promptly build a high reputation and rating on Ebay. If you plan to start making business on Ebay, I would like to recommend listing cheap items. Do not repeat my mistake.
2) MY PAYPAL ACCOUNT WAS NEW
If you plan to start making business on Ebay, you will definitely deal with PayPal. If you have no PayPal account, you won’t be able to sell or buy on Ebay. Thus, PayPal is the necessary attribute of PayPal. There are big groups and communities of people who hate PayPal. A lot of people got their money frozen by PayPal, and consequently, they have some reasons to hate PayPal. Since Ebay always means PayPal, some people dislike Ebay. Nevertheless, you definitely do not belong to this team of people since you are reading this blog post.
When you start making business on Ebay, you will need to use a PayPal account. Almost every western person has a PayPal account. If your PayPal account is new (less than 3 months old), I recommend you not to start making business on Ebay. You should wait for at least 3 moths, and then, link your PayPal account to your eBay seller account. Sellers with new PayPal accounts look very suspicious for Ebay. Therefore it is a big risk to start making business on Ebay with a new Paypal account.
I opened a PayPal account the same day I started making business on Ebay. Thus, my PayPal account was a baby. This seemed very suspicious for Ebay. This might be one of the reasons why my Ebay seller account was suspended.
3) I WAS SELLING LUXURIOUS CLOTHES
When you buy clothes and accessories of a famous brand, there is a high risk to get a counterfeit product. China manufactures high-quality replicas that cannot be distinguished from their originals at all. Therefore, when you see shoes from Louis Vuitton or Balenciaga on eBay, you always think whether they are original or not. Sellers who sell clothes and accessories of famous brands are very likely to be suspended on Ebay.
While making business on Ebay, I was only dealing with such famous brands as Gucci, Chloe, Louis Vuitton, Chanel, Christian Dior, Prada, and others. My products were absolutely original. However, I never provided any documents that could prove their authenticity. I think this might be one of the reasons why my Ebay seller account was suspended.
I suggest you not to deal with famous brands while making business on Ebay. Of course, famous labels are sold very well. By selling products of famous brands, you can make some good income in a very short period of time. At the same time, you can get your Ebay seller account suspended at any moment. One day, you will wake up in the morning. The, you will open your Ebay page, and discover the famous Ebay message reporting that your Ebay seller account is permanently suspended. This is why I suggest not dealing with famous brands.
4) I LISTED LOUIS VUITTON PRODUCTS
Listing clothes or accessories of Louis Vuitton is the most dangerous thing you can do while making business on Ebay. I think you have heard about the famous case between Louis Vuitton and eBay. Thousands of counterfeit Louis Vuitton products were sold on Ebay for several years. For this reason, eBay was sued for 50 million dollars by Louis Vuitton. Since that time, Ebay is very careful about all Louis Vuitton items listed on their online store. This is why I say that Louis Vuitton is the most dangerous brand for your seller account. If you list Louis Vuitton clothes or accessories, it is very likely that your Ebay seller account will be suspended.
I always used to sell Louis Vuitton clothes on Ebay. This might be one of the reasons why I got my Ebay seller account permanently suspended. If you want to build a profitable business on eBay, I suggest you not to deal with Louis Vuitton items. Of course, LV is a commonly loved and appreciated brand. Though you can make a good profit by selling on LV on Ebay, one day, you may be permanently blocked from selling on Ebay.
These were some of the major mistakes I made while making business on Ebay. These mistakes caused my Ebay seller account suspensions. Today, I can only buy on Ebay. I lost one of the best income sources I had online. I hope my story will be a good lesson for you , and you will never repeat the same mistakes that put me out of the Ebay business.