 Hey there everyone, welcome back to the channel. And if you're new, thank you for taking time to tune in. You won't regret it. So today's topic we'll be covering is the reasons why eBay resellers are not making a full-time income and some of the key areas that could be affecting your results. This video will be focusing primarily on the aspects that are not eBay platform issues or eBay business decision related. So basically focusing on you and your business. We will first categorize the possible problems and then we will look at possible solutions for these issues. But remember, these are guides not necessarily the reasons for failing or guaranteed fixes. So let's have a look at some of the categories. So we have unrealistic expectations. Many people start selling on eBay with the expectation of making a lot of money quickly and easily. However, the reality is it takes time and effort to build a successful eBay business. Unrealistic expectations are one of the biggest reasons why eBay sellers fail. Many people start selling on eBay with the expectation of making a lot of money quickly and easily. However, the reality is that it takes time and effort to build a successful eBay business. Here are some common unrealistic expectations that eBay sellers have, making a lot of money overnight. There's no such thing as a get rich quick scheme and eBay is no exception. It takes time and effort to build a successful eBay business. Selling everything they list. Not every item that you list on eBay will sell. Some items may take longer to sell than others and some items may never sell at all. Getting top dollar for their items. You may not be able to get top dollar for your items, especially if you are selling in a competitive niche. Not having to deal with difficult buyers. Every eBay seller will eventually have to deal with a difficult buyer. It is important to learn how to deal with these buyers professionally and calmly. Being able to work whenever they want. Selling on eBay can be a full-time job, especially if you are successful. You will need to be willing to put in the time and the effort to manage your listings, respond to buyers' inquiries and ship items. If you have unrealistic expectations about selling on eBay, you are more likely to be disappointed and give up. It is important to have realistic expectations and to be prepared to work hard to build a successful eBay business. Here are some tips for setting up realistic expectations as an eBay seller. Do your research. Learn as much as you can about an eBay marketplace, including the fees, the rules and best practices. Start small. Don't try to sell too many items at first. Start with a small number of items that you are knowledgeable about and that you can source and sell profitably. Be patient. It takes time to build a successful eBay business. Don't get discouraged if you don't see results immediately. Be flexible. Be willing to adjust your prices, your listings and your strategies as needed. Be professional. Treat your buyers with respect, even if they're difficult. By following these steps, you can set realistic expectations for yourself and increase your chances of success as an eBay seller. Lack of knowledge and experience. Many eBay sellers do not have the knowledge or experience necessary to be successful. This includes knowledge of eBay's rules and policies as well as knowledge of how to source and sell products profitably. Lack of knowledge and experience is a common reason why eBay sellers fail. Many start selling on eBay without any prior knowledge or experience. This can lead to a number of problems, including not understanding eBay's rules and policies. eBay has a complex set of rules and policies that sellers must follow. If you don't understand these rules and policies, you could easily break them and be penalized by eBay. Not knowing how to source products profitably. There are many different ways to source products for eBay. Some sellers source products from retail stores. Some source products from wholesalers or manufacturers. If you don't know where to source products or how to negotiate good prices, you could end up losing money on your sales. Not knowing how to create effective listings. Your eBay listings are your storefront. They are the first thing that buyers see when they are searching your products. If your listings are not well written or if they don't include all the necessary information, buyers are less likely to purchase from you. Not knowing how to ship items safely and efficiently. Shipping is an important part of the eBay selling process. You need to know how to package your items safely and how to choose the right shipping method. If you don't package your items correctly or if you choose the wrong shipping method, your items could be damaged or lost in transit. Not knowing how to provide good customer service. Customer service is essential for any business, but it is especially important for eBay sellers. eBay buyers have high expectations for customer service. If you don't respond to buyers inquiries promptly and courteously, or if you don't go the extra mile to resolve any problems that your buyers may have, you could receive negative feedback and lose sales. If you're new to eBay selling, it is important to educate yourself about the marketplace and to gain some experience before you start selling. There are many resources available online or in libraries or YouTube that can teach you everything you need to know about selling on eBay. You can also learn a lot by talking to other eBay sellers or participating in eBay discussion forums. Here are some tips to educate yourself about eBay selling and gaining experience. Read eBay Seller Center. eBay Seller Center is a great resource for learning about eBay's rules, policies and best practices. Read eBay blogs and articles. There are many blogs and articles written by experienced eBay sellers. These resources can provide you with valuable insights and advice. Watch eBay tutorials. There are many eBay tutorials available on YouTube and other sharing websites. These tutorials can teach you how to perform specific tasks such as creating listings, shipping items and handling customer inquiries. Talk to other eBay sellers. You can learn a lot by talking to other eBay sellers, join an eBay forum or discussion group and ask questions. You can also reach out to experienced eBay sellers directly and ask for advice. By taking the time to educate yourself about eBay selling and to gain some experience, you can increase your chances of success. Another area of concern would could be uncompetitive prices. Many eBay sellers price their items too low in order to be competitive. This can lead to low profits or even losses. Here are some reasons why eBay sellers price their items too low. Fear of not selling. Some eBay sellers are afraid not to sell their items so they price them too low. However, it is important to remember that it is better to have a few profitable sales than many unprofitable sales. Lack of knowledge of product costs. Some eBay sellers do not know the true cost of their products. This includes the cost of the products itself as well as the cost of shipping, packaging and eBay fees. If you do not know the true cost of your products, you are more likely to price them too low. Competition from other sellers. The eBay marketplace is very competitive. There are millions of sellers that are selling millions of products. It can be difficult to compete on price, especially if you're selling in a popular niche. If you're pricing your items too low, you are likely to lose money on your sales. This can make it difficult to build a successful business. Here are some tips for pricing your eBay items competitively. Research the competition. Look at what other sellers are charging for similar items. This will give you a good idea of what are fair prices for your items. Factor in all the costs. When setting your prices, be sure to factor in the cost of the product itself as well as the cost of shipping, packaging and more importantly, the eBay fees. Use eBay sold listing tool. eBay sold listing tool can help you to determine what similar items are sold for in the past. This information can be used to set competitive prices for your items. Don't be afraid to experiment. You may need to experiment with different prices to see what works best for you. Start with the price that you are comfortable with and then adjust it as needed. It is also important to remember that price is not the only factor that buyers consider when making a purchase decision. Buyers also consider factors such as the condition of the item, the seller's feedback and the shipping cost. By offering high quality items, excellent customer service and competitive shipping rates, you can attract buyers even if you are not the lowest price seller. By following these tips, you can price your eBay items competitively and increase your chances of making a profit. Poor customer service. Many eBay resellers do not provide good customer service and this can lead to negative feedback and lost sales. Poor customer service is another common reason why eBay sellers fail. eBay buyers have high expectations of customer service. Many buyers willing to pay a premium for excellent customer service. Here are some examples of poor customer service that eBay sellers may provide. Not responding to buyers inquiries promptly and courtlessly. eBay buyers expect sellers to respond to their inquiries promptly and courtlessly. If you do not respond to buyer inquiries promptly or if you are rude or dismissive, you are more likely to receive negative feedback and consequently a loss of sales. Not going the extra mile to resolve problems. eBay buyers expect sellers to resolve any problems that they may have. For example, if a buyer receives a damaged item, they expect the seller to replace the item or issue a refund promptly. If you are not willing to go the extra mile to resolve problems, you are likely to receive negative feedback or a loss of sales. Not being honest and transparent with buyers. eBay buyers expect sellers to be honest and transparent. This includes being honest about the condition of the items, the shipping costs and the seller's return policy. If you are not honest and transparent with buyers, you are likely to receive negative feedback and lose sales. Using abusive language or threats in communication with buyers. eBay sellers must treat buyers with respect, even if they're difficult. If you use abusive language or threats in communication with buyers, you could be suspended or banned from eBay. Poor customer service can have a number of negative consequences for eBay sellers, including negative feedback that can damage your seller reputation and make it more difficult to attract buyers. Reduce sales, buyers are less likely to purchase from sellers with negative feedback. Suspension or ban from eBay. If you receive too many negative feedback ratings, you could be suspended or banned from eBay. Here are some tips to provide excellent customer service on eBay. Respond to the buyer's inquiries promptly. Even if you are busy, try to respond to them within 24 hours, be polite and helpful in your responses. Go the extra mile to resolve problems. If the buyer has a problem, do your best to resolve it promptly and to the buyer's satisfaction. Be honest and transparent with the buyer, whether that be about the condition of the items, the shipping costs or your return policy. Treat buyers with respect. Even if a buyer is difficult, treat them with respect. Refrain from using abusive language or threats. By providing excellent customer service, you can attract buyers, increase sales, and build a successful eBay business. Another issue that could be effecting your business is too much competition. The eBay marketplace is very competitive. There are millions of sellers selling millions of products and it can be difficult to stand out from the crowd and attract buyers. Too much competition is a challenge that all eBay sellers face. The eBay marketplace is very competitive with millions of sellers selling millions of products. It can be difficult to stand out from the crowd and attract the buyers. So here are some specific ways that too much competition can impact eBay sellers. Lower profits. In a competitive market, sellers often have to lower their prices in order to attract buyers. This can lead to lower profits or even losses. Fewer sales. If buyers are faced with a wide range of choices, they may be less likely to purchase from you and this can lead to fewer sales. Increased costs. Sellers may need to spend more money on marketing and advertising in order to compete in the crowded market. This can increase costs and reduce profits. There are a number of things that eBay sellers can do to compete in a competitive market. Find a niche. Instead of trying to sell everything, focus on a niche market that you are passionate about and that you know well. This will help you stand out from the crowd and attract buyers. Offer competitive prices. Do your research to see what other sellers are charging for similar items. Price your items competitively, but don't sacrifice quality or customer service in order to compete on price. Provide excellent customer service. eBay buyers have high expectations for customer service. Respond to the buyer promptly and courteously and go the extra mile to resolve any problems that buyers may have. Use eBay's Promoted Listings Program. eBay's Promoted Listings Program allows you to promote your listings to buyers who are searching for similar items. This can help you get your listings seen by more buyers and to increase sales. So here are some additional tips to compete in a competitive eBay market. Differentiate yourself from the competition. What makes your business unique? Why should buyers choose you over your competitors? Focus on your strengths and highlight them in your listings and marketing material. Build a positive reputation. Positive feedback is essential for success on eBay. Make sure to provide excellent customer service and go the extra mile for your buyers. Stay informed about the latest trends and developments. The eBay marketplace is constantly changing. It's important to stay informed about the latest trends and developments so that you can adapt your business accordingly. By following these tips, eBay sellers can compete effectively and in a competitive marketplace. So to summarize inclusion, set realistic expectations. Don't expect to make a lot of money quickly and easily. It takes time and effort to build a successful eBay business. Educate yourself. Learn as much as you can about eBay's rules and policies as well as how to source and sell products profitably. There are many resources available online and in libraries and on YouTube and many social media platforms. Price your items competitively. Do your research to see what similar items are selling for. You don't want to price your items too low, but you also don't want to price them too high as nobody will buy your items. Provide excellent customer service. Respond to your buyer's inquiries. Go the extra mile. Resolve the problems. Find a niche. Don't try to sell everything instead find the niche market that you are passionate about and focus on selling products in that niche. This will help you stand out from the crowd and attract buyers. Before you rush in to make any drastic changes to your listings, I encourage you to think through how you will approach implementing your chosen changes and how it will fit into your schedule with the least impact on your daily tasks. Focus on the solutions rather than the problems. And remember, keep it real.