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#1

05-14-2011
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Activity: 0% Longevity: 79% | | eBay store: is it worth it?
I currently have a legitimate eBay account linked to a legitimate (SSN verified) PayPal account. Both accounts were created a little over three months ago.
I plan on selling legitimate items (about 200+ products a month to start, and then gradually increase) and I'm wondering if I should list the items as 'buy it now' or create a store ... is the store worth it? Can you list more items with a store, or is there no difference?
Any insight would be helpful, thank you.
PS - If I were to open a store, I'm also wondering if it is a good idea to keep all of the products similar. For example, I'm thinking of using this account to list all 'books' and then create another account to list all 'pet products' ... or should I just go with one giant account to list all products since it's legitimate and SSN verified? (Or is there no difference whatsoever?)
Decisions, decisions. Thanks in advance for any insights. This is a wonderful forum.
Last edited by Tansey2; 05-14-2011 at 06:43 PM.
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#2

05-14-2011
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You can use your "legit account" to sell as many as "legit products" as you want. Just make sure when you get VERoe'd you have proof that you own the items and they are "legit products" and you can supply that information to either eBay and or PayPal.
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#3

05-14-2011
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Originally Posted by Sell4more2 You can use your "legit account" to sell as many as "legit products" as you want. Just make sure when you get VERoe'd you have proof that you own the items and they are "legit products" and you can supply that information to either eBay and or PayPal. | You didn't answer my question at all. In fact I don't even know why you bothered to respond.
Yes, it is possible that people have legitimate accounts (that is, non-stealth and SSN verified) and sell legitimate (that is, non-phake) products. I did a ton of research and have put together a plan. I am well aware of VeRO and what I need to do in order to supply invoices, supplier info, etc; but none of that has anything to do with what I asked. I am just trying to figure out a.) if it's worth opening a store and b.) if it makes any difference whether or not I limit the store to one product line only.
No need for the sarcastic quotation marks around the word legitimate and for the condescending undertone.
Last edited by Tansey2; 05-14-2011 at 07:25 PM.
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#4

05-14-2011
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Originally Posted by Tansey You didn't answer my question at all. In fact I don't even know why you bothered to respond.
Yes, it is possible that people have legitimate accounts (that is, non-stealth) and sell legitimate (that is, non-phake) products. I did a ton of research and have put together a plan. I am well aware of VeRO and what I need to do in order to supply invoices, supplier info, etc; but none of that has anything to do with what I asked. I am just trying to figure out a.) if it's worth opening a store and b.) if it makes any difference whether or not I limit the store to one product line only.
No need for the condescending quotes around the word legitimate and for the sarcastic undertone. | To answer you question then. Yes, if you want you can open a store it might increase your sales as some buyers will be more comfortable buying from someone that has a store selling the same product then someone that does not. Not in all cases, but it might help your sales.
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#5

05-14-2011
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hi Tansey,
in my opinion, if your going to sell alot of items, the store would save you money.
I have one account that sells about 300 items, all buy it now. I also have a store for this account. The cost per item without a store would be .50 each. Thats $150.00 a month for the 300 listing. The cost with a store cost me .20 each. Thats 60.00 a month for the 300 listings. The store cost me 15.00 a month. It dosnt matter with or without a store, the Buy It Now cost after sale is 15% of the price.
Also with a store you are allowed to add 12 pictures per item free.
If your going to list alot of items, i would say to at least open a store for the 15.00 and give it a try for a month or two. If you dont like it, you can always cancel the store and go back to the way you was selling.
good luck | |
#6

05-15-2011
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We started a store because we had a lot of similar items to sell, and most those items are sold in an "eBay store" with other sellers. For all other items, they're still listed as a 7 day auction. If it's listed more than 2-3 times, we'll move it to the store.
It was a way to give longer exposure to the products for a cheaper price. As well, we can accept the price we want. Often times on an auction, the price would start out lower to entice bidding, but since there was not a demand for the item by several buyers, maybe only one or two bids. Which would not give as much as a fixed price or as much as some people paid for BIN from a store.
We're also one of the few sellers who does the "best offer" for these types of items. So while we try to undercut the competition, we might not always be the lowest. So buyers can send us an offer, to feel like they're getting the best deal around.
Although a few things go into consideration when accepting an offer. Especially a low ball offer. 1) the number of other listings on eBay, 2) the price of item that has sold, 3) the price that can be found on the internet (using Google Shopping).
A high quantity of listings, more than 10, will usually get an accepted offer within reason.
If it's regularly sells within a few dollars range of the offer, we'll accept it.
If it can be found cheaper elsewhere, then it's accepted.
Although on occasion, we've gotten $10 offers on $25 items. On top of that there's maybe 5 others available on the internet, and all higher priced. Yep, that's being denied without a counter offer.
That's the other beauty of a store. If you do list a best offer option, you don't have to accept the lower price. And you don't have to watch your listings to see if people are bidding on your items. Plus if you create five listings of the same item, there isn't going to be that desire to "bid to win". If you list it in the store, you set your price and then set your quantity (there's no charge if there are multiples of the same item).
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#7

05-16-2011
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Welcome to the forum Dreamer - best to start getting fresh new accounts going on the offhand.
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#8

05-16-2011
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Originally Posted by Tansey You didn't answer my question at all. In fact I don't even know why you bothered to respond.
Yes, it is possible that people have legitimate accounts (that is, non-stealth and SSN verified) and sell legitimate (that is, non-phake) products. I did a ton of research and have put together a plan. I am well aware of VeRO and what I need to do in order to supply invoices, supplier info, etc; but none of that has anything to do with what I asked. I am just trying to figure out a.) if it's worth opening a store and b.) if it makes any difference whether or not I limit the store to one product line only.
No need for the sarcastic quotation marks around the word legitimate and for the condescending undertone. | That's a class answer. Actually put a smile on my face!
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#9

05-16-2011
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Activity: 0% Longevity: 78% | | Quote:
Originally Posted by Tansey I currently have a legitimate eBay account linked to a legitimate (SSN verified) PayPal account. Both accounts were created a little over three months ago.
I plan on selling legitimate items (about 200+ products a month to start, and then gradually increase) and I'm wondering if I should list the items as 'buy it now' or create a store ... is the store worth it? Can you list more items with a store, or is there no difference?
Any insight would be helpful, thank you.
PS - If I were to open a store, I'm also wondering if it is a good idea to keep all of the products similar. For example, I'm thinking of using this account to list all 'books' and then create another account to list all 'pet products' ... or should I just go with one giant account to list all products since it's legitimate and SSN verified? (Or is there no difference whatsoever?)
Decisions, decisions. Thanks in advance for any insights. This is a wonderful forum. | IMO if you are going to go down the store route you are better off having seperate stores for seperate items - but that asumes you are running several accounts.
If you are running only one account (dangerous in my view) you would only have one shop,
Punters like it if your shop is just full of books or just pet products. It somehow makes you more serious as a seller | |
#10

05-16-2011
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Activity: 0% Longevity: 83% | | Quote:
Originally Posted by Tansey You didn't answer my question at all. In fact I don't even know why you bothered to respond.
Yes, it is possible that people have legitimate accounts (that is, non-stealth and SSN verified) and sell legitimate (that is, non-phake) products. I did a ton of research and have put together a plan. I am well aware of VeRO and what I need to do in order to supply invoices, supplier info, etc; but none of that has anything to do with what I asked. I am just trying to figure out a.) if it's worth opening a store and b.) if it makes any difference whether or not I limit the store to one product line only. No need for the sarcastic quotation marks around the word legitimate and for the condescending undertone. |
The Questions that you are asking are NOT as straight Foward to Answer as you put them.
What Type of Items are you selling?
Are you selling High Dollar Amount, Low Profit Margin,Highly Competitive, High Volume Items Like Ipods? or Low Dollar Amount, High Profit Margin, Highly Competitive, High Volume Items like Socks? or High Dollar Amount, High Profit Margin, Low Volume Items Like Artwork,,,,
Then about the 200 Items,,,What are we Talking about here??,,,a Store that is selling 200 Related types of Items like Ipods, Earbuds, and LED Flatscreens, a Store that can be considered an Electronics store? or a Store that is selling completely Unrelated items like Ipods, Socks, and Portraits a store that I personally would consider a MESS.
Having a Store can be VERY Helpful is Some cases,,,Like in the Example above,,If you are selling Artwork and you Make a sale of a Lets say,,,a sculpture,,and while the Customer was in your store they noticed that you also sold Portraits, They did NOT Look at the Portraits because on this Particular day they were interested in a Sculpture,,When in the Future that customer of yours is looking for a Portrait,,Assuming of Course that they were completely satisfied with their Sculpture Purchase,,You can bet your Bottom Dollar that they will come to your store because they liked your Selection of Sculptures and they will Feel confident that it is a Good bet that they will like your selection of Portraits as well,saving them Time,,,
If you are selling Ipods,,Potential Customers KNOW that as long as it is an Apple Ipod, that EVERY Store has the Same Exact thing,,Price and PRICE ONLY Rules,,Yea you MIGHT get a Few extra Dollars or a Few Extra sales because you have a Store and it Looks a Little bit more Professional and Legit, but NOT Enough to Justify Costs, Potential Savings or even Exposure.
This is Only the Beginning,,,,
Putting Down other Users and Making Smart ass Comments like the ones you made here on this thread will only Turn Off The People who have Vast Knowledge that can Help you. Your continued Predelection to demonstrate the irrelevancy of your wit within the current confines of the subject matter of this disscussion will only result in your Undoing and add to your fustrations,,,
Good Luck,,
__________________
The 3 Keys to Success are:,,,,Research, Research, and More Research,,,,,
Last edited by slapped; 05-16-2011 at 10:24 AM.
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#11

05-16-2011
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Originally Posted by slapped Your continued Predelection to demonstrate the irrelevancy of your wit within the current confines of the subject matter of this disscussion will only result in your Undoing and add to your fustrations, | LOL  I couldn't even say that - let alone write it. LOL |
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