Anyone know or have a good idea if it's a good move to sell 0.99 and up legit items. All are in stock and ready to ship. It's my way of starting low and building up, not trying sell PS3 and Bentleys on the first weeks run.
The complete step-by-step guide to get back to selling today!
Yeah it'll work but it's a waste of time in my opinion. You can get an account started and still make some money in the process. You could go to a yard sale and get enough used/low-risk things to get an account going.
If you ever want to start selling more expensive things you will have to transition into it. It would not be a good idea to go from selling $1 stuff to $100 stuff in one day.
That's what I was considering, since I know from a old post the shipping if your going to offer it for free you have to consider item + shipping = profit?? There was a legal legitimate store in NYC but I don't know if it's still open.
Shipping with a tracking number will cost you at least 2$ right? Plus EB and PP fees plus the cost of the envelope/package. I think $3 is the bare minimum to not lose money.
Take a look at Chinese Sellers, they sell stuff so low they lose money....they don't look at it like losing money but gaining feedback, building the account up to sell higher priced items.
Shipping with a tracking number will cost you at least 2$ right? Plus EB and PP fees plus the cost of the envelope/package. I think $3 is the bare minimum to not lose money.
3.99 isn't so bad I'll give it a shot in the dark. eBay is funny sometimes with there systems idk how they expect people to make money with 5/500 hypothetically
Take a look at Chinese Sellers, they sell stuff so low they lose money....they don't look at it like losing money but gaining feedback, building the account up to sell higher priced items.
I would consider that on top of inventory, any legitimate suppliers your comfortable sharing?
eBay is funny sometimes with there systems idk how they expect people to make money with 5/500 hypothetically
Let me tell you how. If you sell items as an auction and starting price of each is 0.99 and the ending price is 200, you can actually surpass the 500 limit. 5 x 200 is 1k. This is the power of Auction listing.
idk how they expect people to make money with 5/500 hypothetically
They dont. They expect serious sellers to call in, verify ID, supply source of goods and grow by a measurable rate that makes both paypal and ebay comfortable with service and goods.
Let me tell you how. If you sell items as an auction and starting price of each is 0.99 and the ending price is 200, you can actually surpass the 500 limit. 5 x 200 is 1k. This is the power of Auction listing.
I have noticed that limits raise slower when selling cheap items . i sold some 1.99 buy it now items and limits went 5/500 to 10/1000 other accounts i sold 5 items at 25.oo ea and limits go from 5/500 to 20/3000 . also even got bad feedback on one of the 1.99 items . so from now on i just sell higher items get the first limit riased then following month you can list as buy it now one listing 100.oo ea 20 items . then you will get a BIG limit increase . then i simply cancel the listing unless its something i am really stocking ..