UK eBay & PaypalGeneral discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.
dont rush anything,slowly but surely,this is the way!
try stay under the radar!
Thanks for all the advice everyone! Yer not planning on making £1,000's full time just a bit of 'pocket money' instead of a saturday job (which would only make me about £120-160 a month anyway) so hopefully will be way under the raydar :P.
One last question if ill only be trying to make net profit £100 ish then should i stick with buisness account or are personal accounts stay under the raydar 'better'?
Ok, well i am 16 and would like to setup an ebay buisness legitimately. I have done this before but made the mistake of dropshipping which ultimately led to the demise of that account. However i have had a fair bit of experience with ebay and know of a few products which i know will sell well and are in a niche.
Ok so my question is, is there anything i should do partically to not get closed down by ebay? I must emphasise i will not be selling vero and it will all be legit aside from my age :/. So yer any advice on not getting 'caught'?
This is my plan to start off please comment on how well it would work in your opinion :-),
1) Open up a santander under 18 current account (with online banking) just for the business.
2) Transfer around £50-100 to this bank account
3) Set-up new paypal and ebay account and validate them with new bank account.
4)build up feedback to about 20 to allow me to sell multiple products in one auction by buying e-books.
5)Purchase the items i need such as my stock (which is very cheap to start off with only about £10 for 10 pieces but should make back £15 net) and buy jiffybags and document bags.
6) list items and then once sold order more stock (say 20 pieces as made £15 profit)
7) repeat until paypal account reaches £100 then withdraw £50 to bank.
8) repeat until rich haha (also might register as sole trader if all goes well)
So how does this all sound? Low risk at only £50 investment and all i have got to loose is that. Only want to make a few bob instead of part time job (so say £100-200 a month would be my aim).
Im still at school and i will be for the next two years, so this is instead of maybe aswell as working one day at the weekend for £30, which is a rip off as that's for like 6 hours work!
^ Yeah, just continue with what you are doing. Whilst you have more free time and less financial worries, it is your best time to learn.
If you put your mind to it, you can make a lot more money than you would from your 'saturday' job.
eBay's much more fun than cleaning cars anyway aint it!
Precisely, allot more fun and allot more potential to make money. And more satisfaction (when ebay are not busy trying to close all you have built up) :P
Be careful with the ebook buying for feedback. The stealth guide advises against this as ebay have cottoned on to what people are doing. You could end up limited for feedback manipulation.
i have a acc thats 15 days old, i have brough 9 ebooks so far but what do you hink i should purchase instead of ebooks to gain feedback??? its on a stealth address so they cant ship me anything,also i dont want to send them a message with my real address because ebay will see it...???
Purchasing and selling ebo oks is so hit and miss these days. Buy physical stuff.
Never use your real address again if it has been banned in any fashion - NEVER - go get a mail forwarding address if needbe.
than what can i possible purchase to gain feedback? Today i just hit 9 feedback and keep getting emails from ebay saying "start selling now! you can do it"
than what can i possible purchase to gain feedback? Today i just hit 9 feedback and keep getting emails from ebay saying "start selling now! you can do it"
You're kidding right? There's MILLIONS of items for $1. Please do not ask us to individually point them out to you.