Many believe that to register and set up an account on eBay is enough to begin buying and selling.
This is not strictly the case.
Feedback is an incredibly important aspect of eBay and one that can ensure you the right level of sales and purchases.
Put simply, when you start out on eBay you are undesirable.
Your account has no feedback (i.e no registered sales or purchases) and thus will be given little trust.
It is common for users to put a ban on buyers with less than ten feedback on high value items.
Furthermore if you are hoping to sell an item, especially a high value one, then having feedback is essential in getting a high price. Low feedback rating and you will not achieve the value you could potentially achieve.
This is not strictly the case.
Feedback is an incredibly important aspect of eBay and one that can ensure you the right level of sales and purchases.
Put simply, when you start out on eBay you are undesirable.
Your account has no feedback (i.e no registered sales or purchases) and thus will be given little trust.
It is common for users to put a ban on buyers with less than ten feedback on high value items.
Furthermore if you are hoping to sell an item, especially a high value one, then having feedback is essential in getting a high price. Low feedback rating and you will not achieve the value you could potentially achieve.
Your feedback can be seen at the top of your 'My eBay, alongside your eBay username:
If you click on your feedback you will be taken to the feedback page, showing your sales and purchases and feedback for all.
My advice for those starting out on eBay would be to buy at least ten different items of low value (few will suffice but over ten is generally accepted as preferred). Cheap books, DVD's etc are the best to buy. Look for a big company (seen through the feedback associated with that account - the higher the better).
That way, once you have bought the item you will receive immediate feedback in most cases.
This feedback may look like below:
This feedback may look like below:
Feedback is calculated via the following formula:
What is important to know is that one negative feedback can equal a considerable amount on your account. At one point a negative feedback accounted for a 5% loss in your feedback rating, meaning you would drop to 95%.
Low feedback means less chance of high sales.
To regain feedback is time expensive - each feedback brings your rating up 0.1% so 50 positive feedback is required to achieve 100% once more!
Confused by the statistics?
Low feedback means less chance of high sales.
To regain feedback is time expensive - each feedback brings your rating up 0.1% so 50 positive feedback is required to achieve 100% once more!
Confused by the statistics?
Don't worry - they aren't too important.
What is important is that you establish some feedback (through buying) in order to achieve the best possible sales.
If you found this useful please share away!
As usual if you need any advice please just contact me though this blog or via vaugc002@gmail.com
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