If you are serious about making money on eBay, becoming a PowerSeller is a very worthwhile goal. "Power Seller" is a very rare and coveted status, as it helps to attract more customers, ups your eBay presence, and saves you money on fees. It is one of the best ways to show potential bidders that you are a legitimate and trustworthy member of the eBay community and that you are very good at what you do.
If you are serious about making money on eBay, becoming a PowerSeller is a very worthwhile goal. "Power Seller" is a very rare and coveted status, as it helps to attract more customers, ups your eBay presence, and saves you money on fees. It is one of the best ways to show potential bidders that you are a legitimate and trustworthy member of the eBay community and that you are very good at what you do. It is currently estimated that less than 4% of all eBay members are PowerSellers. In order to earn this title, though, you first have to meet a very specific list of criteria.
eBay PowerSellers are, if nothing else, very consistent. You have to maintain a very high volume of sales, great customer service, and a minimum positive feedback of 98%. eBay also lists Power Sellers in five different tiers; from lowest to highest they are: bronze, silver, gold, platinum, and titanium. Those categories reflect your monthly earnings level and correspond to income of $1,000, $3,000, $10,000, $25,000, or $150,000 a month, respectively.
Clearly, $150,000 a month is a very hard number to hit and an even harder number to maintain, but lower income tiers still earn you both a respectable living and Power Seller status. In order to earn your status on a particular tier, you must meet its minimum sales requirements for at least the past three months in order to qualify.
Power Selling is not just focused on sales numbers, though. Customer service is just as, if not more, important (remember, PowerSellers maintain a minimum positive feedback rating of at least 98%). Going above and beyond may seem like an incredibly daunting task, but it does not have to be that difficult. It can be as simple as a handwritten note included with the shipment or an email thanking the customer for his or her purchase. Throwing in small surprise items also goes a long way. These activities not only contribute to great customer service but also promote consumer loyalty and repeat business. The more important each individual customer feels, the more likely they will be to purchase from you over and over again.
These little extras all combine to offer you Power Seller status. Be consistent, responsive, and genuinely concerned about the quality of your transactions with customers, and you can then watch your eBay business prosper to levels that will allow you to work from home on a full time basis.
Using Marketing Techniques to Make More Money on eBay
Marketing is the foundation of a good business. If customers do not know who you are or where to find you, they cannot purchase your products (regardless of how good those products may be). Creative marketing can create buzz about your store and have a very positive impact on your business.
How to Customize Your eBay Store
Once you have an official eBay store up and running, you will most likely see an increase in both traffic and business. As this happens, you will probably want to customize your store to reflect your own personality and business style (but remember, keeping the store looking clean, polished, and professional trumps all else). Fortunately, altering and customizing your store is very easy.
About Me Page Boosts Your eBay Business
Advertising is extremely important, especially when you are just starting a business. Buying ad space or starting a marketing campaign are certainly good options to getting your name out there, but there are also inexpensive and less time consuming ways to let people know about your eBay store. One of these methods is writing an About Me page.
