UK eBay & PaypalGeneral discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.
Re: This is my first month and im doing £8300 how long have i got
No no no ! .. The account is nearly two years old but iv been doing about 400 a month this is the first month im doing 8000 i found some good stuff to sell it happens bout time i had good luck
Re: This is my first month and im doing £8300 how long have i got
If your margins are $hit don't bother ... paypal will shut you down before you even need to worry about exceeding any thresholds.
Going from 400 a month to all of a sudden 8k+ ... expect the bare minimum of accounts being limited and you being asked to provide invoices of where you buy your inventory. And even if you have those invoices paypal needs to approve of the suppliers. They dislike some.
Re: This is my first month and im doing £8300 how long have i got
I've come to the realisation getting rich on ebay or amazon is impossible, you can make a living ufcourse. But the ONLY way to get rich from an online business is to do it by having your own website, your own brand. Correct me if I am wrong.
Re: This is my first month and im doing £8300 how long have i got
More than possible with stealth but you just cannot rely on a single account. You have to spread the sales over lots of accounts. That way you capture more of the market and reduce your risk
Re: This is my first month and im doing £8300 how long have i got
Quote:
Originally Posted by JamesNorth101
More than possible with stealth but you just cannot rely on a single account. You have to spread the sales over lots of accounts. That way you capture more of the market and reduce your risk
Iv got 4 accounts one is better than this one the other two are small there all over a year old
I think il just keep on selling until i hit something ,then switch to the other account and try and build up the two smaller ones
Re: This is my first month and im doing £8300 how long have i got
Quote:
iv been doing about 400 a month this is the first month im doing 8000
This spike in sales is going to be your biggest issue, I see them letting this go, let alone let you use the account for any few months without repercussions.