05-16-2024 02:59 AM
Hi, I am selling auto parts and I have put my SSN number above personal information, in the beginning my sell is very great but after that I have done $21,000 sells now sells has stopped almost, So I have just formed my LLC and I have got EIN number also I am thinking I will add EIN number by removing the SSN number, so will adding this EIN affect my sell like will my sells grow??
05-16-2024 03:22 AM
No, your sales will not change by adding an EIN.
05-16-2024 03:29 AM
thank you and can you let me known what is the reason that my sells going down and almost stopped?
05-16-2024 03:33 AM - edited 05-16-2024 03:34 AM
Your best stuff sold first. Common occurrence with new sellers that list a huge number of items - sales start out great with the choice or bargain-priced items flying out the door, then you are left with either items that have much less demand or that are priced too high.
05-16-2024 03:39 AM
thank you bro, but it will not reason I know, coz I am selling auto parts since 8 to 9 years on ebay and I am, this is the first time this is happening with a store I do not understand why this is, because it never happened to me before even I read the polices,
05-16-2024 03:40 AM
@powell-memorabilia wrote:Your best stuff sold first. Common occurrence with new sellers that list a huge number of items - sales start out great with the choice or bargain-priced items flying out the door, then you are left with either items that have much less demand or that are priced too high.
Replying to my own post 🙂
It isn’t just new sellers. A month ago, I listed 69 LP’s - around 25 titles, 2-3 of each. Certain titles sold out pretty quickly, and then sales fell off a cliff. About 45 gone in 3 weeks, then just two gone in week four. I’d expect the remaining 22 to take a couple of months to sell, and that is assuming that I mark down the items. Otherwise, I’d expect four or five months.
05-16-2024 04:54 AM
While adding your EIN will not effect sales there are a number of tax implications in switching to an EIN under a LLOC and/or removing your SSN. The SSN is one of those fields a seller cannot simply change on their own so you may hit some issues when you try to do this especially on an existing account and attempting to do so 1/2 way through the year.
You may be better off from an accounting perspective opening a new account as the LLC and linking the account to a separate bank account. It will also depend on whether you file your LLC taxes as part of your taxes or file separate taxes for the business. Talk to your accountant about the best way forward.
05-16-2024 05:09 AM
@msautoparts wrote:thank you and can you let me known what is the reason that my sells going down and almost stopped?
It might be due to you 83% feedback rating. That's the lowest I have seen in a long time.
It might be due to you stating the pictures in your listing are not the actual item.
It might be due to you stating in the listing you may just cancel the order.
It might be due to you stating in the listing the shipping cost might change.
There might be no reason at all.
05-16-2024 05:37 AM
@msautoparts wrote:thank you and can you let me known what is the reason that my sells going down and almost stopped?
It might be due to you 83% feedback rating. That's the lowest I have seen in a long time.
It might be due to you stating the pictures in your listing are not the actual item.
It might be due to you stating in the listing you may just cancel the order.
It might be due to you stating in the listing the shipping cost might change.
There might be no reason at all.
Good catches and seller fails to realize that 99% of their policies and statements mean nothing. May have something do do with the FB rating. Surprised OP has not been suspended/restricted or at a minimum rated at below average on their seller performance metrics.
05-16-2024 05:56 AM
@msautoparts wrote:thank you bro, but it will not reason I know, coz I am selling auto parts since 8 to 9 years on ebay and I am, this is the first time this is happening with a store I do not understand why this is, because it never happened to me before even I read the polices,
You are selling a lot of parts, but the lack of feedback from buyers on your account is mysterious. You should have a LOT more. Maybe feedback is disabled? Maybe you are having negatives removed?
You are not a Top Rated Seller, and I'm wondering if your account is Below Standard. When you go to your seller standards page, what is it saying is your current seller rating?
If you are "Below Standard", then that may be the reason why your sales tailed off ... eBay gives less visibility to Below Standard sellers.
05-16-2024 06:33 AM
I am currently Above standard , yes might be possible because of low reviews my sale going stopped ..