Joining the hallowed halls of those that have earned the title of one of the biggest eBay businesses won't be something that you can achieve overnight. However, by taking some of the small steps that we will discuss here, you will soon be well on your way to achieving that goal. Remember that to be successful in this field you can't afford to read this information and forget it. Start to put it into practice from today and before you know it, your eBay store will be bringing home consistently high profits every single day.
The Powerseller Principle
If you have looked into some of the biggest eBay businesses, you are likely to have noticed that they are all powersellers. Providers on eBay can only earn this esteemed powerseller status once they have achieved, and maintained, a certain amount of sales, without compromising on a consistently high feedback rating (98% plus). Getting to this level of sales won't necessarily be an easy task, you'll need to source products from somewhere reliable, find a great niche to sell into and consistently please your customers. So let's break that down and consider exactly what you can do to start your journey toward that goal.
Never underestimate the importance of your customers. Remember that it will be the people that purchase from you that will be effectively paying your bills! That's why it is crucially important to treat each and every existing or prospective customer with respect. Be polite in all of your dealings, spell and grammar check any emails that you send and respond quickly to queries. You'd be surprised how much difference such little touches can make to your overall feedback rating.
Find a Cheap and Reliable Product Source
Believe it or not, a huge amount of successful eBay sellers don't actually stock any products at all. Instead they utilise the services of dropshippers, or other means of taking the payment from the customer, passing it on to the supplier who then posts out the wares direct to the consumer. To make a lot of money from eBay it is important that you seriously consider where you will be getting your products from. Remember that you will need to be selling a lot to earn that level of powerseller.
Becoming one of the biggest eBay businesses will certainly take time and effort, and before starting you should create a business plan with realistic and achievable goals to help you along your way. Include the sourcing of products and a high level of customer service within your plan and soon enough you'll start to see you profits skyrocketing.