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Making a million on eBay
 

Before I got suspended I was making some good money every month, do you think it would be possible to rake in a million a year strickly on eBay|?

Anything is possible in this world. It depends on how much you limit yourself.

If your question is what your chances are? The answer is perhaps 1 in a million.

The question you should be asking yourself is how long is your account going to stay up?

With one account? No not likely at all.

With 100 accounts? Very possible. :D

Never put all your eggs in one basket. Spread your ecommerce over several platforms :)

thats alot. i only sell on ebay motors, and i spend over 50 hours a week on ebay with 2 accounts and net income over 198,000 last year, with 14,000 going to irs,,

it is possible but id say move to ebay motors where there is no vero. lol

nicetry life would be awesome but ebay and paypal will suck you dry so I suggest 50 to 100 account over 18 months. But take your time hit a move dont use one account to long and make to much to fast.

Man I glad you posted this it will get me thinking again and looking forward to the challenge.

paypal dont suck any of the money, i got merchant account with my bank.. lol

so only ebay fees.. and my shipping i charge covers the fee by itself usually. lol

Ah yes ebay motors is great I never really sold on there more then 2 or 3 items but the few I did were relatively pain free.

Lots of people have. And some still do. 100k a month sounds like a lot. But its not all that unreasonable if the system wasnt so bent

There were some big sellers on there years ago. Lots. But most have vanished

I found one couple can reach this amount selling on ebay from uk ,but they are selling many different products,even very small things,such as battery and charger.And they have employed 10 people to help them doing business on ebay.

i have 2 employees and work from home..

A million sounds like a lot. And naturally it is. But a lot of sellers work on high volume and low margins. A lot! They pump out $1000s a day, but when the dust settles its a couple hundred grand at the end of the year at best

I think many of us are confident we could hit 1 million a year if there were no limits/worries on eBay. =]

I make 100k a year in profits. So I guess if I worked 10x as much, I could.

You would have to employ someone if you would sending out that much stuff. I mean it is possible to do and if you have enough start up money to invest on your inventory you could do it without selling Vero goods and what have you.

I sell about 1500 items a month atm so in order for me to make a million in a year I would need to be selling around 17000 items a month which is 204000 over the course of a year.

1500 items meaning 30 items each day,i think it is possible to make it to be double up to 3000 items each month within 1 year,and grow up 1 time within 1 year.

would be nice

a million ? i'd be way too paranoid @ that point. never been the greedy type, but more power to ya.

I am sure it's possible if you have 1. the time 2. the dedication 3. the products 4. the proper documents - problem is limitation, etc.

But all the best as you aim for this.

I can't do strictly eBay - too much on my plate besides net sales.

I'd be happy with 50 grand a year and no account limitation/suspension.

So true inthezone - hell, no account limitation is all I would need ha - anyhow dream on =)

You're right. I'm also in ebay motors... Shhh man don't give the secret away :spy:

I have a few employees, warehouse and get a container load of goodies once a month :)