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Planning to sell over 50k per year with Stealth account
 

My previous eBay account has been suspended because of users didn't read whole description and bought wrong items from me.
I had around 1300 feedbacks:(

I have read the Stealth book and I'm planning to open eBay stealth account.
I'm planning to sell 150 items and its around 50k-100k per year. (Electronics)

Is it even possible? I know there is this EU 2500EUR limit, ⊗⊗⊗⊗ proof pictures for that?
But are there any more limits? At some point are they sending my information to tax accountant, like the US regulation?

Do you prefer one eBay account or many to split the sales?

Lots of questions, sorry.

Re: Planning to sell over 50k per year with Stealth account
 

Trying to sell $50K-$100k is feasible but not for 1 account. Your going to need to spread your sales across a lot of accounts. Also, starting out with strictly with electronics will be a massive issue. Your gonna want to start out with something less risky and build your accounts up.

Re: Planning to sell over 50k per year with Stealth account
 

Many accounts to spread sales - set them up via stealth method - electronics is quite a big risk for new accounts...

Re: Planning to sell over 50k per year with Stealth account
 

You may need to buy some accounts with high limits from members on here if your timing to move that much product. New accounts usually have 10/1000 limit.

Re: Planning to sell over 50k per year with Stealth account
 

Very doable but dont expect to do that with one account, should have multiple

Re: Planning to sell over 50k per year with Stealth account
 

Noone is protected against weird buyers, especially, when selling expensive items. Use several accounts, spread your risks...

Re: Planning to sell over 50k per year with Stealth account
 

I have roughly same selling plans/expectations based on my last years taking, with one account.
I'm planning to have at least 10-20 stealth accounts to keep the risk spread and have them selling slowly for a long periods of time, rather then get busted quickly because of raised flags etc.

Read the book, practice, read the book few more times and do couple of trial runs. Make few mistakes, learn from them and improve the operation.
PLENTY of helpful people and information in this forum.

Re: Planning to sell over 50k per year with Stealth account
 

Is the anti money laundering amount(whatever it is called) get increased now?

That would be your biggest hiccup.

Re: Planning to sell over 50k per year with Stealth account
 

My first red flag is you expect buyers to read descriptions

Re: Planning to sell over 50k per year with Stealth account
 

Point, click, raise **** later.

Re: Planning to sell over 50k per year with Stealth account
 

Hi. I am not sure you realise that when buyer gives you bad review or even defect when you have provided accurate details (mentioning the situation in your description). You can have that defect removed by ebay.

It worked for me once, ebay came back to me that, it shouldn't result in a defect on my account since I'd provided adequate information to support the condition of the item. The defect was removed.

Re: Planning to sell over 50k per year with Stealth account
 

I was doing $2MM/year with a stealth account so yes, but this was Amazon.

eBay a few hundred grand.

Re: Planning to sell over 50k per year with Stealth account
 

Blocking buyers is an effective tool that needs to be used more often

Re: Planning to sell over 50k per year with Stealth account
 

Blocking is SO therapeutic, regardless of the platform.

:FF:

Re: Planning to sell over 50k per year with Stealth account
 

If you sell $10k across 5 accounts, you have made your 50k goal. I probably wouldnt want to do 50k all on one account personally.

Re: Planning to sell over 50k per year with Stealth account
 

if i had 50 grand worth of stuff i would open a b&m and avoid the hassle of online auctions.

Re: Planning to sell over 50k per year with Stealth account
 

I closed my retail stores and do exclusively online. Retail has far and away more risk and hassle than any internet platform.

Re: Planning to sell over 50k per year with Stealth account
 

what is the risk you are referring to?

Re: Planning to sell over 50k per year with Stealth account
 

exorbitant overhead, tiny local market compared to worldwide, permits/licenses/taxes/insurance, lower wage employee and of course that you have to go there sometimes if not all the time.

I would personally NEVER have another retail store if the only purpose was to make money. Internet is so much faster and nearly no overhead.

I have NETed more in a week at times that my retail stores could sell with 10 employees in a year.

Retail can be fun but it is not all about the money at that point.

Re: Planning to sell over 50k per year with Stealth account
 

I know I am responding to a five month old post. But honestly I have a master block list that I use. I also am friends with a few other sellers with similar items. We share names, etc. It has been very beneficial in weeding out fraud and problematic buyers.

I don't know about most of you but I would rather miss out on 4 or 5 sales than have to deal with one highly problematic buyer.

Re: Planning to sell over 50k per year with Stealth account
 

Update: it is doable. But you should have lots of nice documents. And a lot of luck, as not only EB and PP, but retarded buyers can be a huge risk as well, when you sell a lot. Almost half of my defects come from retards, who don't bother sending in a PM, but opening a case instantly.

I heard that! Aint no buyer reading the desc

Re: Planning to sell over 50k per year with Stealth account
 

Just curious, can ebay track you for having the same blocked buyer list across various accounts?
Thanks in advance
Cherry

Re: Planning to sell over 50k per year with Stealth account
 

No....because more than 1 person on Ebay most likely has the same buyers blocked, just a little common sense there.

Re: Planning to sell over 50k per year with Stealth account
 

50k a year is pretty easy but like the others are saying more than one account for sure I use 20-40 at a time and make well over 50k per year

Re: Planning to sell over 50k per year with Stealth account
 

if you ave $50k to sell on a year, i think that is easily doable on one account. Ye of course its more risky, but i have totalled 60k euros on several accs in the past and they are still alive today, its about how its managed and of course its better spread out over different accs...

But then if your selling the same item over several accs, then its a major flag of getting linked, unless anyone else can say otherwise?

Re: Planning to sell over 50k per year with Stealth account
 

"But then if your selling the same item over several accs, then its a major flag of getting linked, unless anyone else can say otherwise?"

I have 2 PAYPAL accounts limited at the same day, do you think the reason above?

Item titles similar, descriptions same, and labeled same item No.

Re: Planning to sell over 50k per year with Stealth account
 

I think you can, but you might need more than one account.

Re: Planning to sell over 50k per year with Stealth account
 

With that turnover you need to make sure both paypal and ebay methods are solid and you are prepared for all the documents/invoices requests.

Re: Planning to sell over 50k per year with Stealth account
 

It is possible. But you will be asked for various docs, and some of them will be requested more than once. If you are ready - you can do that.

Re: Planning to sell over 50k per year with Stealth account
 

But seriously, why do you need more than 1 account to do $£50k a year? That is less than £$4,200 a month. If you run your account seriously like a real business will do, then why would you not be able to do £$100k a year on a single account?

The essence of multiple stealths is to have back up accounts in case one of them get bust. It does not necessarily mean you should not sell on them to the capacity permitted. Remember, it is ONLY stealth to you, its a normal account to ebay and if other normal accounts do £$1000's in daily sales, what stops you from doing same with your stealth?

Don't get me wrong, I don't mean you should be doing £$1000 in sales on a stealth account from day one but nothing stops a 4 to 5 months business account from doing proper business

There are several ebay accounts with tens of thousands in reviews, doing more than 600 quantities in daily sales, thousands and even more. How are you sure some of these account are not stealths, created by someone like you and me who get burnt before.

They asked for doc you provided them, your account is in good standing at PayPal and Ebay. Then what stops you from reaching for the sky?