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will it bring more profts than on eBay shops?
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Initially no, eventually yes.
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do i sell at wholesale prices or retail prices. which one would u recommend?
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Product specific so hard to comment, retail is usually more profitable with the right suppliers.
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what payment methods do i accept?
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Everything apart from Western Union, sort yourself a merchant account.
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is there a way to have some sort of discount system? e.g when they spend over £50 they get 15% off.
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Most shopping carts can ofer this functionality.
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is there anyway i can put links to other sites and then they put my website on thiers
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Its called recipricol linking and yes.
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and can i get money if people click on the link to another website?
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Standard linking is dependent on the deal you have with the site in question, affiliatte linking yes.
Take a look at
Ebay Forum as lots of this is discussed on there.