There are still quite a few members here who question Pooder's success and all his IDs.
I have mentioned bits and pieces of this in the past. Thought I might spell it out for ease of understanding.
If you are running a business and need to put up numbers to establish credibility, on ebay, it's an investment in marketing.
Follow me ...
1) In order to establish your company as a power seller with great feedback, you need high numbers of items sold and with positive feedback.
2) If this is a true company that wants to bypass most all of the legal trappings that the IRS and such have put out, you would select eBay and pretend you are a single man outfit run out of your home.
3) As in all successful companies, a marketing budget is established at the outset as one tier of the successful model.
4) Establish several user IDs to bid on your own auctions.
5) Said IDs are blocked by outsiders and only come up as veiled individuals with no concrete method of tracking.
6) Run LOTS of small auctions with small eBay fees attached and bid/win said auctions with use of your dummy accounts.
6) Take negligible small auction eBay fee out of marketing funds.
7) Leave positive feedback for main selling account.
Note - as business grows, larger items can be absorbed by larger marketing budget.
Result - High positive feedback numbers established quickly with small marketing investment.
Consider, auctions run at higher than market value.
Several hundred (eventually thousands) false completed transactions give real buyers a false sense of security and a false worth of items ... real buyers purchase items at higher than market worth.
Negative feedback PERCENT impact is rendered minimal due to false high number of positives.
High percent positive feedback ... High number of completed transactions at high market value ... High sense of security for overseas and local buyers ... Increase business by deep market penetration.
The more you have for sale, the more completed transactions, the more positive feedback, ... the more people will turn to you for business.
It's a pretty smart business model. For a small investment, you get huge market penetration and a very large share, while skirting the usual legal and fiscal walls of other small businesses.
Take all that and continue it for YEARS ... and establish multiple seller IDs as you continue to grow. Now you're talking about trying to corner the market.
That's the path I believe Pooder has taken. He's not great at it, but he has established some success.
