The eBay UK Bulletin: Issue 103, 10 June 2008
Topics in this issue:
1. eBay News: Seller dashboard
2. A colourful eBay spoof
3. Photobucket pictures
4. Ask Molly: How do I open an eBay shop?
Hello and welcome to this week’s edition of The eBay UK Bulletin.
If you were wondering where last week’s eBay bulletin had got, fear not, this is it. The gremlins got into the distribution system and it couldn’t be sent. I sent the elves round and they soon had it up and running again. If you missed out on issue 101 or 102, they are both loaded onto the website at www.ebaybulletin.co.uk.
A quick word of caution to all car-booters out there; be careful when emptying your spoils onto the patio. Molly was out shopping and bought a large bag of Lego, upon tipping it out for inspection discovered a rather large live shell! As munitions are not allowed on eBay, I naturally thought of the local scrap dealer with copper prices so high, but he just waved his hands in the air, screamed…and locked the door. There is a picture of it on the website; if you have the gun it fits, I’m open to offers.
The Seller Dashboard has arrived and now you can see exactly how bad you are doing – details below. Plus, as margins shrink, cutting costs becomes more important and free picture hosts can help with this – details in item 3.
[For details of this newsletter, please scroll down to the end.]
1. EBAY NEWS: SELLER DASHBOARD
What do you think of your new eBay Seller Dashboard? I love mine and can’t think how I ever managed without it.
I guess the main areas of interest for business registered sellers are those that might impact on any FVF discounts. Keep an eye on your DSR scores; they are shown in more detail here and must stay above 4.6. Thankfully, eBay seem to be rounding up the scores – P&P charges will be the tough one to maintain.
This is what your new Seller Dashboard will show you:
- Detailed seller ratings (DSRs): your average performance ratings from buyers. These scores are used to set key performance standards and reward levels if applicable. You can see your DSR average over the last 30 days, as well as your scores over the past year. (If youâ?Tve received less than ten DSRs in a 30-day period, you’ll just see your scores for the last twelve months). You can check your exact DSR scores – right down to the nearest 0.01. For example, your profile would show 4.83 rather than 4.8 and see how your DSRs compare with the average eBay seller.
- Search Standing: you can see whether your listings are at risk of being lowered in the ‘Best Match’ sort based on your DSRs.
- PowerSeller Status: you can find out where you stand now and how you can reach the next level. If you’re not a Power-Seller, you’ll see how close you are to qualifying.
- Seller discounts: business sellers and PowerSellers can now see the discount on their last invoice, and monitor their progress to their next discount.
- Account status: view your account’s billing information, including your balance and payment status.
- Policy compliance: you can make 4 policy violations within the last 60 days, any more than that and you are in trouble.
Youâ?Tll find links to your dashboard in your ‘My Account’ section of My eBay, and also on the ‘Selling Manager’ summary page.
It is a handy tool, but probably checking it once a day will be enough!
2. A COLOURFUL EBAY SPOOF
A super spoof e-mail arrived at Molly HQ. It was pleasantly worded, in full colour, with small twinkling stars – lovely! To reproduce it here just wouldn’t do it justice, so I have posted it onto the website at: www.ebaybulletin.co.uk.
The gist of the note is to congratulate you on obtaining 5 feedbacks and does of course have a handy link back into eBay using the well known eBay URL of ‘http://qwertz.smxxxxx.ru/plm.aspx’. The great line is this spoof is: “Your registered name is not included to show this message originated from eBay” – that’s reassuring then.
Check it out on the blog and delete it when it arrives in your inbox.
3. PHOTOBUCKET PICTURES
For any readers who are not familiar with Photobucket, Auctionpix, or other free picture hosting sites, check them out as you could be saving a lot of money. An extra picture on eBay will cost you 12p, why pay anything at all? Additional pictures will sell items; shoes for example will fetch a better price if you show the front, back side and sole.
This question arrived at HQ from Photobucket convert “Collar and Cuff” – http://stores.ebay.co.uk/Collar-And-Cuff
“I’m hosting pictures via Photobucket but it appears that when you click on the image on my eBay listing you go through to Photobucket? Can you please help because this is driving me crazy!”
With the use of some basic HTML any picture can be turned into a clickable HTML link and this is what you are experiencing. Obviously the host would like others to visit their site so they add the appropriate code into the link. You can get round this by copying the second tag down on the site; it will look something like this:
I’ve been working in Retail for about 12 years now, and I am really interested in starting my own shop on eBay, but I’m not really sure where to start. Do I need some kind of permit to open a business? Also, what do I need to buy from a wholesaler or can anyone buy from them? I would really appreciate any advice.”
Some good news; opening an eBay shop is dead easy, stocking it and making a profit is a little more of a challenge! This eBay page – http://pages.ebay.co.uk/help/specialtysites/store-getstarted.html – will help with the basics of setting up a shop and explain some of the terms used. There are some restrictions until your feedback hits a certain level, but the process is easy to follow.
The next, most important thing is to work out potential margins and the costs. This eBay page – http://pages.ebay.co.uk/help/sell/storefees.html – gives an overview of the charges involved, monthly ‘rent’ and ‘final value’ fees.
Most wholesalers will sell to anybody who meets their criteria, such as minimum spend and so on – some may require business references as well. There is a lot more information about wholesalers in back editions of The eBay UK Bulletin at: www.ebaybulletin.co.uk.
Alternatively you could e-mail a few sellers and ask them, this note arrived at HQ yesterday:
Could you please give me the name of the wholesale or drop shipping company you use. Or some great ones you have heard of that sell video games in bulk, or general all round sales.”
I have yet to reply!
If you have a question about eBay, please send it to: email@example.com – I will reply personally to every e-mail I receive and remember, there are FREE copies of my book available for the best questions, tips, or stories.
– END NOTE –
That’s all for this week. Check out ‘Molly’s Diary’ each day at www.ebaybulletin.co.uk for the latest news from Molly HQ.
Great news for all fans of ‘The eBay Business Handbook’, as I am now in the process of a full revision. It will still maintain the basic structure but with updated facts and figures, along with my thoughts as to recent eBay developments.
It has been two years since I wrote the book and since then I have evolved along with eBay. The updated edition will reflect this with more about new products, wholesalers, drop-shipping and selling tools. There will of course be more bad jokes and humorous stories, as you would expect.
Best wishes and happy eBaying!
Author of the bestselling title, ‘The eBay Business Handbook’ – available direct from the publishers: www.harriman-house.com/ebaybusiness
And the recently published, ‘eBay Q&A’ – buy online today: www.harriman-house.com/ebayexpert