Learn How to Become a Successful EBay Powerseller by Alex Jeffreys

So first off what's a PowerSeller?
PowerSellers are the people on eBay who've made it, recognisably by the little 'PowerSeller' badge next to their eBay name. You've probably seen these people around and to succeed on eBay, you want to start thinking the way they do.

If you've ever read an article before about eBay, you will have already seen the kinds of income people make. It isn't unusual to hear of people making thousands or millions of dollars every month on eBay.

How do People Become EBay PowerSellers?
EBay gets to decide who can be a PowerSeller and who can't, and they have strict requirements. To get in at the minimum PowerSeller level, you must have a feedback rating of at least 100 (minimum 98% positive) and make at least $1,000 worth of items every month for three months in a row.

There are different levels of PowerSeller memberships as you sell items of greater value; here are the rankings below.

Silver Powerseller: You must make at least $3,000 every month Gold Powerseller: You must make at least $10,000 every month Platinum Powerseller: You must make a least $25,000 every month Titanium Powerseller: You must make at least $150,000 every month
If PowerSellers ever fail to meet there required amount of sales, or their feedback falls below 98% positive, they will then lose their PowerSeller status. In short, the only people who get to be PowerSellers on eBay are the people who have been successful for a good while, and intend to keep it that way.

When you're on eBay next, take a look at how many different PowerSellers there actually are, and you'll find quite a few of them around. The fact that these people actually do exist gives you an idea of the income possibilities there are on eBay. Most of them never set out to set up a business on eBay they just simply started selling a few things and kept on going.

There are plenty of people who work full-time selling on eBay, and some of them have even been doing it for years now. Can you imagine that? Once they've bought the stock, everything else is pretty much pure profit for these people and they don't need to pay for any business premises, staff, or anything else. There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.

What's more, eBay doesn't care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some may even live out in the middle of nowhere but selling on eBay is one of the few alternatives to farming or being very poor. There are no job interviews and no commuting involved - if you can post things, you can do it. How to think like a Powerseller

This is the most important part of understanding how PowerSellers think. They don't see what they're doing as being a hobby - instead, they see themselves as business people.

Put it like this. If you run a stall in a marketplace, the chances are that you have a general area of business, but you mostly just sell whatever you can get your hands on that week. If your dodgy buddy got his hands on a job lot of something at a discount price, then that's what you'll be selling. This might be fun when you have a good week, you'll have a really good week - but it's no way to run a real business for sure in the long-term.

PowerSellers think far more like legal shops. They sell the same things again and again, every week selling regular stock to regular customers. They do 'boring' business things like keep inventories and budgets. They know what they're going to be selling, how much they buy it for and how much they expect to sell for. Just like a real shop, there can be hard times sometimes, but their income is stable and their business can grow slowly.

The best advice I can give you on thinking like a PowerSeller is this: don't take long-term risks for short-term gains. Look after your reputation, manage your selling properly, provide good customer service and the rewards will come to you in due course. And you'll get a little badge next to your name that makes people trust you even more!

One possibility that you might have understood so far is what eBay can do for any other businesses you might have. Remember, millions of people visit eBay every day so why keep everything separate when you're starting to tap into that kind of power?

About the Author
Successful Internet Marketer Alex Jeffreys will teach you how to build a profitable online business and mailing lists using his audios, videos and step by step guides. Visit http://www.easyprofitauctions.com/ where you can find out more.