on โ02-03-2019 11:42 AM
Hi all,
I'm looking to branch out into a different line of products.
I have another ebay ID which I haven't used for a 5+ years, and I was thinking of opening a Basic store under that ID.
1) Do you think I would still have to wait 21 days to get my funds if I open a store?
2) Should I anticipate any problems considering that a basic store has up to 600 listings and I believe that new sellers are limited in their listing numbers?
Just trying to work out the best way to go about this.
Thx
on โ02-03-2019 11:49 AM
If it was me - I would list the new items without a store atm.
Take advantage of the weekend $1 FVF promo to 'test' the waters & list as many items as you like
(make sure to 'activate' the offer first)
You may find that even if you open a store you may be limited with the amount of items you can list
This would also get you past the possible 'hold' on your funds & limited listings amounts as that ID hasn't sold for a few years.
on โ02-03-2019 11:53 AM
@jellybirddesigns wrote:
1) Do you think I would still have to wait 21 days to get my funds if I open a store?
I can only say (from what has been posted in the past) that it is a possibility, as I know other sellers have experienced payment holds in similar scenarios, even though they have very well established stores that are linked with another ID.
For eBay I believe it is all based on that ID's history alone, and that will trigger the instruction to PayPal, however I don't believe it affects payments from sales in your original store.
You will likely have listing limits as well, though linking your other store can sometimes get the limits raised a bit.
I'd probably start small, using the 40 free listings (or however many you're limited to) and then subscribe to the store once a good enough selling history has been established to lift the limits to a decent amount.
on โ02-03-2019 11:59 AM
on โ02-03-2019 12:05 PM
I may be wrong but I thought I read some time ago that a seller contacted ebay when they opened another store to get the restrictions lifted.
on โ02-03-2019 05:57 PM
Thanks all for your thoughts.
For now I may just add these new lines into this current store as at least I am well established with a good feedback rating. Starting virtually from scratch on the other ID might just be too hard for me right now.
I guess I was looking at the cohesiveness of the store and didn't want to stray too much from it, ie: selling cushion covers and then selling bicycle parts might be a bridge too far.
On the other other hand, I really need and want to diversify, so I guess it's about finding the right balance of products.
on โ02-03-2019 06:19 PM
I would do both and open a second store with stock that I had multiples of so that way the store is building feedback. Plus it does look more professional with one product type.
on โ02-03-2019 06:34 PM
Thanks EOL, that might not be a bad idea!!
on โ02-03-2019 06:42 PM
Here's where things stood/stand from my perspective. A few years back I created a new ID. I'd planned on using that ID to buy on and then sell on my main account. After a couple of months I decided to use it as a second selling account. Around 4 months later, the 21 day hold thing came in and that new account was hit with it.
After some huffing and puffing from me, and heels dug in from PayPal (my accounts were linked), I lodged a dispute with the FOS. Less than a week later, the hold had been lifted and would no longer apply to any accounts created linked to my main account. A year or so later, I created a new account, linked it to get a higher listing limit and got messages saying I'd be subjected to the 21 day hold. However, when the payments arrived, they were immediately cleared.
Both those accounts had a listing limit of 10 and when I linked them to my long standing account, the limit was increased to 30. I could have called eBay and got the limit increased to 100+, but I really wasn't that worried. They are both non store accounts that only got 40 free listings a month. As I sold more, my limits were periodically increased. The 2nd account now has 100 limit and the last account has a 180 limit (it had 3 increases in a week for some reason).
Now, a few months back (less than 6), Mr Tippy decided he wanted to list a few things on his account. He had some feedback as a buyer, but still had a yellow star. I showed him how to list, where to see any promos and where his listing limit was. I had gone through the ins and outs of what only having a limit of 10 meant. Then my eyes nearly popped out of my head. His account was NOT linked to any of mine, but he was given a start up limit of 100!
So, what I'd be doing is, creating a new account. Buy a few things from China or wherever to get some feedback, then set up a selling account and see what happens. If you are like Mr Tippy and get a limit of 100, then go ahead and open another store and off you go. Link it to your existing account and it should increase the limit more. As you already have an established account, a quick call to ebay should get another limit increase. I do believe you can call once a month to get a limit increase, but don't quote me on that.
That said, as already mentioned, try listing some items as a non store first, and see if the new line looks like a winner, before outlaying for another store.
on โ02-03-2019 07:33 PM
Thanks Tippy, excellent thoughts and advice!