Buy, Buy, Buy – £1000+ unexpected sales on eBay

Do you remember opening a new eBay ID? It’s a while since I’ve done so but some consultancy today reminded me just how exciting buying on eBay can be.

A company is looking to set up their first shop on eBay and like everyone else have started out with zero feedback. They need to open a shop (minimum 10 feedback or PayPal verified) and want to make use of fixed price listings (minimum 10 feedback and PayPal verified) so the quickest way to achieve this is from buying.

Needless to say when I advised them to get a budget from their manager and go spending they had no hesitation in doing just that. A spending spree on office funds, what could be better? I suggested mundane items such as paper, ink, toner and staples but they had much better ideas. £700 for a new CCTV system? Not a problem, we’ve been meaning to get one for ages!

Two hours and well over £1000 later and they’ve already got their first two feedback from sellers that leave feedback on payment. Just another eight to go which in all likelihood will come from sellers with automatic feedback left on receipt of feedback so it might take a couple of days. They’ve bought more than 10 items to make sure they get more than the 10 feedback needed

Buying is fun though, even when it’s at third hand it’s still exciting. Most sellers spend all their time on eBay selling – if you’ve not been on a buying spree for some time then Christmas is just the excuse you need to go spending.

There’s a good business justification for buying on eBay as well – how will you know the pitfalls your buyers have to face and how search works unless you genuinely use the site yourself as well? Buying is the perfect way to spend a morning and it’s justifiable as “work”.