Utilizing Selling Limits To Your Advantage
This may not work for everyone, but it has worked for me for a couple months now. I wouldn't recommend it if you are in fear of the ban hammer or can't provide info that ebay may want, but if you are on the daring side like myself, you may benefit from it.
I am always trying to increase my limits...I have been taking some leaps and bounds on my account - it is fully verified along with the paypal account. Real info, not stealth. I have legitimate invoices, suppliers, etc. and have already been soft-suspended by ebay once and reinstated, and also limited by paypal twice and reinstated. Each time within one business day of submitting my information to them. Coming back from a suspension/limitation makes your account a little bit stronger than it previously was - or so I would like to think. You may disagree, and it may be different for everyone.
Anywho, my limits have been the usual, 10/500 to begin then 30/1500, 50/3000 and right now 50/5000. In order to utilize the selling limits (and BEYOND) to your advantage you need to have a good understanding of your account. If you specialize in selling one product, you can judge what the ending price usually is and coordinate that with how much the dollar amount is that you can list after those auctions are over.
For example, you can list 30 items OR $1500 - whichever comes first. Suppose you list 20 items at the beginning of the month, each starting at $0.99 and the auctions end at $50 each. You can now only list 10 items OR $500 for the remainder of the month. Say if each of those items ended at $75 each, you can no longer list anymore items...even though you only listed 20 and your limit is 30, you have hit the $1500 cap.
You can usually judge what your items will bring in terms of dollar amount, so say all of your auctions are ending at $75 and you want to list 30 of those items. Spread it out and list at the beginning of the month and then at the end of the month. List 15 of those items at the beginning of the month at whatever your starting price is ($0.99 cents in this example). After those 15 items sell, you will have sold $1125, so now your limit will be down to 15 items OR $375. The limits are always an "OR" not "AND". If you sell ONE item for $2000, ebay won't punish you for going over that limit because you have no control over the amount the auction ends at. But you will have reached your limit for the month. Still with me?
So, now that you can still list 15 items OR $375, wait until the end of the month. If you usually list 1 day auctions, wait until the next to last day of the month. If you list 3 day auctions, wait until the third from last day of the month. Etc, etc. So now, you will go in and list those 15 items for $0.99 each, your selling limit will now be 0 items OR $360.15
Say your auctions all end at $75 each again. Your ending profit is another $1125. So this month you have sold $2250 and utilized your 30 item limit. Since you set it up for your auctions to END on the LAST day of the month, the following day (midnight) your selling limits will reset back to 30/$1500 and you will be able to do it all over again.
There is also another catch to this that I have done two months in a row. For those of you that call ebay to raise your limits, your limits can be increased on the day of your first sale. For example, if your first sale was July 20th then you can call on the 20th of every month and have your limits increased. Even though your limit for the month said 30/$1500, say they bump you to 50/$3000...now you can utilize the tactic I mentioned above to list during the last 10 days of the month to hit the new limit of 50/$3000. On the first (midnight) it will reset to 50/$3000 again. But if you do not time it correctly, and your listings go over into the following month, be aware that that will count as part of your limit for the month. Example: 3 auctions end at $75 each on March 1st, your limit was 50/$3000 but now it will be 47/$2775.
I have sold $10,000 in one month when my account was not even 30 days old and $14,000 the following month when the account was not even 60 days old with this method. I WAS hit with a restriction for going over the limit two months in a row because it was still during the 90 day period. All I had to do was submit ID and invoices. Next day I was able to sell again but they warned me that if I went over the limit within the next 30 days, I would be permanently restricted from selling. After those 30 days, I used the method again. My Paypal suffered a limitation as well, and again I submitted ID and invoices and was reinstated.
I have now reached Power Seller and Top Rated Seller and my account is only 120+ days old. Again, some of you may not be able to do it if you can't submit any type of documentation, especially on a new account like I did. If your account is established, you may try it and who knows - maybe it will work for you. The key is to keep yourself under the limit for the majority of the month and then utilize the full extent of your limit right at the end of the month and have it immediately reset the following day. $40,000+ in sales in 4 months and still going, so I know it works.
|