lowprofile
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posted on August 29, 2001 09:38:23 AM
Before anyone jumps up and down on me I have and Email from Ebay saying I am allowed to Sell my Ebay Business and the the Id and Feedback can transfer to the buyer, it is like the goodwill a Business gains.
My wife has decided she wants to go back to work as a teacher and so we are thinking getting out of the Ebay biz.
Here is my sales since Jan 1 2001. I have been on Ebay since 1997.
Total Ebay Sales -17765.23 USD
Total eBay fees -5280.96 USD
eBay fees as percentage of your total sales -28.27%
My costs above the Ebay fees is minimal.
I will include all the support needed,website and storefronts, all of it.
How should I sell this ...how much is it worth...I dont know where to begin so I thought I would start here.
Anyone that thinks all the changes ebay has done does not effect sales look at my sales for year 2000....
Total Sales -41203.96
Total eBay fees -9044.89
eBay fees as percentage of your total sales -21.95%
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peiklk
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posted on August 29, 2001 09:49:31 AM
I think knowing your account's feedback ranking would be beneficial.
You also could just auction it off on ebay 
AND!
If the winning bidder NEGs you, they NEG THEMSELVES!!!
[ edited by peiklk on Aug 29, 2001 09:50 AM ]
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loosecannon
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posted on August 29, 2001 09:52:30 AM
You don't mention any merchandise being included.
Anyway, I don't know. Pick a number? Web businesses I have seen for sale don't seem to meet the owner/sellers' expectations.
Anyone that buys it is just buying a "job". Not worth a lot in my opinion.
[ edited by loosecannon on Aug 29, 2001 09:54 AM ]
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lowprofile
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posted on August 29, 2001 09:54:43 AM
It has over 3500 all positive feedback.
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lowprofile
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posted on August 29, 2001 10:19:30 AM
It is like buying a Job...but you will have a great boss, nice place to work, and at only an hr a day its not a bad job.
Cheers!
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loosecannon
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posted on August 29, 2001 10:32:05 AM
Well, how much would you pay for a "job"? Probably not much is my guess.
And most anyone who wanted to do this could start up from scratch and earn a respectable feedback record in not much time. If I had 75 good feedbacks I could probably do as well as someone with 3500. Again, just an opinion.
Good luck to you.
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buggery
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posted on August 29, 2001 10:39:36 AM
does this include wholesale sources you may have for merchandise?
is there an existing website and or storefront or will you just help get those up and running?
will you sell to anyone? what if the buyer turns out to be a con man who collects a large amt. of money and then skips town so to speak?, using your 3500 rating as a disguise of a good seller?
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lowprofile
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posted on August 29, 2001 10:45:31 AM
yes there are 3 exsisting storefronts included. Well 2 ...one of them is Ebays and that does not really count.
The products are easily obtainable and I own the copyrights. I am also the Vero for them on Ebay.
No I will not sell to anyone. I would prefer to sell to an exsisting seller with a good feedback rating that is looking to expand.
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peiklk
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posted on August 29, 2001 10:45:42 AM
What the buyer does with his business is not really his concern.
Someone could sell their brick and mortar store to a con-man who could do the same thing.
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toke
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posted on August 29, 2001 10:48:30 AM
It really seems strange to me, that eBay allows feedback to be sold. That really proves it's meaningless. I mean really...the new owner could be a total crook. How can you transfer reliability and honesty to someone else?
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lowprofile
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posted on August 29, 2001 10:50:01 AM
The feedback is part of the goodwill that goes with a business. Its the same as when sell a store..they keep the stores name but the new owners may really suck with service
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engelskdansk
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posted on August 29, 2001 10:55:16 AM
Interesting that eBay's USER AGREEMENT specifically states "Further, your eBay account (including feedback) and User Id may not be transferred or sold to another party."
See http://pages.ebay.com/help/community/png-user.html
Why would they state otherwise in a "private" email?
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lowprofile
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posted on August 29, 2001 11:02:01 AM
Beats me why they would..Who knows with Ebay.
I will email them and ask. I emailed [email protected] and they said I could.
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petertdavis
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posted on August 29, 2001 11:05:53 AM
You may want to talk with a business broker.
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loggia
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posted on August 29, 2001 11:13:39 AM
Lowprofile, sorry, but USPS already has your user ID for sale.
Just kidding!
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toke
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posted on August 29, 2001 11:31:30 AM
My god. What a great potential for a scam artist. Buy an ID with great feedback, rip folks off for some serious money...then vanish. I can't believe eBay would allow this. Maybe there's some mistake?
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tsunamii
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posted on August 29, 2001 11:56:20 AM
Be careful. A well known beanie baby seller sold his auction manager program and feedback with ebay approval to a scam artist. The person who sold his ID had over 10,000 feedbacks. The scam artist who bought it (he was selling coins) was suspended and so was the original ID holder. I'd post the names but don't think I can do that on here.
I remember seeing a change in the policy of selling feedback shortly after this happened back around January/February.
Karen
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buggery
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posted on August 29, 2001 12:33:55 PM
peiklk
what someone does with the business hsould be a sellers concern. feedback is the only method a cyber business has of showing their integrity. B&M stores offer a bit more protection to the buyer. if ripped off they can atleast go back to the store in person, pass out info about the scam artist to other potential customers, alert local bbb as to the problem and more but i think yopu can get the idea of what i mean. cyber wise a buyer checks that FB and bam it is glowing, he feels at ease in the transaction...UNTIL he never gets his item. then all he can do is email, and a few other things, pull contact info etc.......there is definetly a reason for the seller of the business to worry about who he sells his name to, if not a business reason certainly a moral one
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hwahwahwahwa
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posted on August 29, 2001 12:40:55 PM
id ontthink the feedback is worth that much,true you need a certain number to do dutch auction but it does not take much to ahcieve that.
the problem with an ebay business is that IT IS AN AUCTION,dealers come and go,if you do not sell,no one misses you,so what is that goodwill called feedback,not much!!
good merchandise,well priced and good crisp photos and description mean a lot more.
i think the most valuable part of your business will be your supplier lists,it takes a lot of work to build up a good list .
if you have a website outside ebay,and it is well mapped out and has sales besides those from your ebay bidders,thats worth something too.
of course anyone who is persistent could fine your supplier,but not without time and moeny,and if they can buy the list from you,it saves them a lot of money and time.
what is it that you sell,may be i can add to my lines
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kiawok
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posted on August 29, 2001 12:51:23 PM
edited after additional facts were posted
[ edited by kiawok on Aug 29, 2001 02:49 PM ]
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capotasto
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posted on August 29, 2001 12:51:55 PM
"The products are easily obtainable and I own the copyrights. I am also the Vero for them on Ebay. "
Sounds like printed material, or audio or artwork. But "easily obtainable" has me stumped unless you mean going to the printer.
"of course anyone who is persistent could fine your supplier..."
If he is the creator of the product, he is the supplier.
Wut's yer name on ebay?
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bidsbids
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posted on August 29, 2001 01:04:36 PM
You have over 3500 positive feedbacks and no negatives? Good record.
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lowprofile
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posted on August 29, 2001 01:17:00 PM
2 negatives that were made in error and the buyers did a follow up feedback on them.
7 Nuetrals (no longer registered) buyers
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buggery
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posted on August 29, 2001 01:33:57 PM
lowprofile
why not tell us your ID so we can eevaluate your set up......Please
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REAMOND
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posted on August 29, 2001 01:57:05 PM
For those of you who think FB and user ID can not be sold, you need to broaden your horizon on the nature of property and ownership.
eBay's policy means that the FB and User ID alone can not be sold. However, the business entity that owns the FB and User ID can include them when the business is sold.
For those of you who file business taxes, you may want to consult your tax expert regarding depreciation of your "goodwill" assets such as User ID and FB. These are intangible assets that increase the value of your business and it took considerable time and expense to develop them.
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kiawok
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posted on August 29, 2001 02:19:45 PM
Lowprofile
Are you a registered biz in Canada? If so, are you selling the biz, along with your registered name?
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bemused
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posted on August 29, 2001 02:26:26 PM
Too many sellers on this board don't think of eBay or themseleves as a "real" business since for the most part this is their first experience in business for themselves.
If I bought out Sun Microsystems (fat chance) do you really think I wouldn't get their eBay ID as part of the deal? A small business can assert the same rights in this regard as a big business. REAMOND is exactly right that eBay policy just means that you can't accumulate usernames just to sell them like some kind of Domain Name cybersquatter.
"Good Will" is certainly considered to be one of a businesses assets, or at least so I was taught in my Commercial Lending class at banking school.
[ edited by bemused on Aug 29, 2001 02:26 PM ]
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lowprofile
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posted on August 29, 2001 02:26:48 PM
Yes. In Canada ...selling it all with support for as long as it takes.
I will not give my id out here,...had a friend use his real ebay id here ...she was slaming Ebay and the within the week...was suspended from Ebay.
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keziak
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posted on August 29, 2001 03:01:34 PM
If the buyer is an established seller already on ebay, wouldn't they be more likely to be interested in whatever it is you sell? Would you then be transferring copyright [how does that work?] or licensing them to sell your stuff..?
keziak
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uaru
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posted on August 29, 2001 03:07:21 PM
I too find it curious that in the eBay User Agreement the very first term makes specific mention of the prohibition of the sale of IDs and feedback.
1.Membership Eligibility.
Our services are available only to individuals who can form legally binding contracts under applicable law. Without limiting the foregoing, our services are not available to minors or to temporarily or indefinitely suspended eBay members. If you do not qualify, please do not use our services. Further, your eBay account (including feedback) and User Id may not be transferred or sold to another party.
Personally, I don't think you're working with accurate information regarding the sale of your ID and feedback.
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