Ebay creates an awesome opportunity for anyone who want to to make a lot of money with tier auction services. Initially you should be able to make some good money as you sell off stuff you have around the house but if you really want to make tons of money then you’ll need to know more about the feedback feature they have.

Ebay’s feedback feature has 3 different essentials:

The simplest number is the feedback score which is essentially the ratio of your goods to your bads. It takes the number of positive feedback reports and subtracts the number of negative feedback reports. There is also a star symbol next to your ID that shows the health of your feedback score.

feedback percentage. This number is very similar to the feedback score. Its the total number of users who have had transactions with them divided by the number of users who have had good experiences with them. For example, a feedback percentage of 96 tells us that 96 out of 100 transactions that were followed through with by this member have made their trading partner happy.

The feedback report is the document that gets into all the little nitty gritty details of each and every feedback you’ve recieved: comments, what was being sold, how quickly you were able to make the transaction happen, who you were doing business with etc. Its always good to do your research before buying from someone and this is the place to do it so you can find possible hang ups. This will also give you a good idea of what you want on your own feedback reports.

It is absolutely crucial that you keep your feedback score high by providing timely and quality customer service or by paying for the item you buy at the appointed price at the right time or sooner. Having a low feedback score will hamper your efforts to make money with ebay.

Once you get high enough positive feedback rating (10 or more usually) the sky is the limit for how much you can sell on Ebay. Ive known one friend of mine to bring in about $35,000 per month just from selling one line of products. So get to work. You can do it!