Tuesday 26 January 2010

Haven't You Forgotten Something?

Selling on eBay – Have You Remembered to Pay your Fees?


If you've just started selling on eBay you're probably still finding your way around, and coming to terms with the ins and outs of how eBay works. Don't worry, there are people out there who have been selling on eBay for years who haven't mastered it all yet!


As you may know, eBay is the biggest open marketplace in the world, and as such it needs some sense of order to survive. Most of the rules and regulations are simple and straightforward, common sense in a way, and so are easy to understand and will help most people to achieve their goal of selling or buying on eBay.


One of the most important things to remember if you are selling on eBay is to pay your eBay Fees on time! It's such a simple thing to remember, but you would be amazed at how many people 'forget', or don't think it important enough, and have to be reminded. Many others wonder why it is so important.


Like all business's both large and small, eBay runs on a 'cash flow' basis. Without some sort of control over income and expenditure these businesses would struggle to survive. When you consider that eBay are dealing with literally millions of customers on a daily basis, it is easy to see that without control they could find themselves in deep do-dah.


There is usually a 'grace' period of a few days after the fees are due, but if you're serious about selling on eBay then don't go over this period. The first thing eBay will do if you ignore the deadline is to suspend your eBay account! You really don't want that to happen as you won't be able to carry out any further business until they say so.


You may, for example, have some auctions still running in which case they could well be cancelled, incurring additional costs to you and you don't need that do you? Not when there are so many different ways to make sure your eBay fees are always paid on time.


Did you know when you first set up your free eBay account you were given several options regarding the payment of fees? You could, for example, opt for having all your eBay fees deducted from your credit card, or make arrangements to pay by other means. If you aren't sure about any of this, then eBay will offer assistance through their help desk.


If you do decide to ignore all the advice and make your own arrangements, just make sure you never forget, or your fledgling business could come to an abrupt halt! Normally, if no prior arrangement is made such as mentioned, then eBay will invoice you when the fees are due. If this happens, pay up straight away, but why take the chance? What if the invoice doesn't reach you? What if you've gone on holiday or been taken ill? Is it worth taking the chance?


For more advice and tips on everything to do with eBay, including starting from scratch, why not take a look at a specialist book such as '£2,500 a week PowerSeller Secrets' by Amanda O'Brien. She shows you exactly how she managed to go from nothing to £2,500 a week selling on eBay. She tells you about all the mistakes she's made, so you don't have to make the same ones! That's kind isn't it?

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