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RE: My Listing Limit Got Increased To $875,000,000! What is Your Limit?

in #money7 years ago

Hey buddy, yeah as far as shutdown once an eBay account is sold, the buyer of the account is most likely going to want to change the account info to their name and link their own Paypal account.

Now because of this I'm quite surprised 100% of purchased accounts are not shutdown as it would be pretty easy for eBay to tell that account name, address, linked Paypal accounts were all changed which if there's no selling accounts there's really 0 reason for anyone to do this with the exception of a move or I guess maybe a women getting married and changing her last name to her husbands but basically there's no reason to change account info unless you sell so I'm surprsied eBay doesn't crack down on this more than they do.

Yeah this guy I was talking about was paying 50k plus per account, some lasted a while some got shut down within a couple weeks after him purchasing them.

We were in a pretty unique niche without getting into specifics there were probably less than a dozen serious sellers and probably like 3-6 of us really dominating the category. There was somewhat of a barrier to entry in that it wasn't something just anyone could hop on Ali Express and buy so I think this guy knew if he was able to buy up all the accounts he would pretty much run the show and it was pretty unlikely he would face any new competition as everyone who's accounts he bought he made them sign a non-compete.

I think he wound up getting most of his money back despite his plan not really playing out as well as I imagine he thought it would. That said had it worked out he would have been doing millions if not tens of million ins sales per week and would have had all of it to himself.

I've never really done any ghost or stealth accounts for Amazon. I know some people make good money doing that but personally I'm not great with VPN's and proxies and all that jazz and it seems like way too much work to have to setup different addresses, different credit cards and banks, different IP address, different user account on computer etc all just for some eBay or Amazon sales and at some point with eBay for sure once you hit 20k in sales they are going to want more info at which pointyou've blown up that account and have to go through that whole stealth rigamarol all over again and build up a new account.

I guess to me I want to build up a longstanding business so the idea of going stealth and basically building a castle on sand which will eventually collapse just doesn't appeal to me.

There may be better ways of doing it where you can have some long term possibility by setting up LLC's and stuff as opposed to having personal accounts but just not something I've delved into alot