Skip to main content

eBay Money Making Tips: How Important is Your eBay Reputation to Your eBay Success

Your eBay reputation is almost everything you are on eBay - without it, you will find profiting on ebay very difficult. Your reputation is worth as much as every sale you will ever make.

If you've ever bought anything on eBay (and the chances are you have), then think about your own behavior. Buying from a seller with a low feedback rating makes you feel a little nervous and insecure, while buying from a PowerSeller with their reputation in the thousands doesn't require any thought or fear - it feels just like buying from a shop.

A Bad Reputation Will Lose You Sales
In fact, a bad reputation will lose you almost all your sales. If someone leaves you negative feedback, you will feel the pain straight away, as that rating will go right at the top of your user page for everyone to see. Who's going to want to do business with you when they've just read that you "took a month to deliver the item", or that you had "bad communication and sent a damaged item"? The answer is no-one.

Your next few items will need to be very cheap things, just to push that negative down the page. You might have to spend days or even weeks selling cheap stuff to get enough positive feedback to make anyone deal with you again.

It's even worse if you consistently let buyers leave negative feedback - once you get below 90% positive ratings, you might as well be invisible.

You Can't Just Open a New Account
Besides eBay's rules about only having one account, there are far more downsides than that to getting a new account. You literally have to start all over again from scratch.

You won't be able to use all the different eBay features. Your existing customers won't be able to find you any more. Your auctions will finish at a lower price because of your low feedback rating. Opening a new account is like moving to a new town to get away from a few people who are spreading rumors about you: it's throwing out the baby with the bathwater.

A Good Reputation Will Get You Sales
When a PowerSeller tells me something, I tend to believe them. They can be selling a pretty unlikely item, but if they guarantee it is what they say it is, then I trust them - they're not going to risk their reputation, after all. This is the power of a reputation: people know you want to keep it, and they know you'll go to almost any lengths to do so.

This is true even to the point that I would sooner buy something for $20 from a seller I know I can trust than for $15 from someone with average feedback. It's worth the extra money to feel like the seller knows what they're doing, has all their systems in place and will get me the item quickly and efficiently.

Comments

Popular posts from this blog

Make More Money on eBay - 10 Tips for Increasing Your eBay Response

So you've got the buyer in front of your auction, and they've read the description. They're must be interested, or they wouldn't be looking… but just how can you push them over that line and make them leave a bid? Read on for some tips. Improve your picture: In all that description writing, you might have missed the vital importance of your item's picture. A picture with bad lighting or an intrusive background looks amateurish and won't make anyone want to buy from you. Add an About Me page: You'll be surprised how much you can reassure bidders just by creating an About Me page and putting a little bit about yourself on your business on there. You can also have a few special offers there for people who bother to look at the page, and let people subscribe to your mailing list so that you can email them updates. Use SquareTrade: Signing up at SquareTrade and displaying their logo on your auctions shows that you are committed to have them resolve any disputes t...

Increase Your eBay Profit Using Social Media Websites

Social marketing and networking are now the favorite marketing strategies of Internet marketers, webmasters and bloggers. They use social media sites to generate a steady stream of traffic, boost sales and develop a brand presence within specific communities which will ultimately increase their online revenue. The social media sites are even helpful for increasing eBay profit. If you have eBay auctions set up selling a variety of products, you can use the social media sites to get more potential buyers to visit your eBay auction listings. The more exposure your eBay auction listings get, the more sales you could possibly generate and the more profit you will earn. The social media sites such as Myspace and Facebook provide features that you can use them specifically to gain attention to your eBay auction listings. Mention in you profile that you are an eBay seller. Include links to your listing pages in your profile. If you do run an eBay store, mention it in your profile as well. This...

Advantage of eBay for the Benefit of Your Online Business

e-Bay is often referred to as the biggest marketplace online. Big avenues for profit are open in this website. The best part is that almost all types of products can be sold on eBay and Internet users who are ready to spend will come to this site. Because of this, it is a gold mine for businesses and the potential of creating income is endless as long as you know how to go about it. If you already have an online business that involves selling products, you can leverage on the customer base of eBay. Find eBay users that fall into your target market and you can make much more money out of them through the products of your own online business. The best way to go about this is to generate a list of subscribers through eBay. You can do this by offering a low-priced product on eBay simply to attract the attention of buyers who may also be interested in what your online business has to offer. Just make sure that the product you sell on eBay is related to the ones that your online business off...