As far as marketplaces go, Amazon may be the reigning king, but eBay is still a great place if you wish to sell your products online. Its market share is only second to that of Amazon in the U.S. and it is rapidly growing. As a merchant, you wouldn’t want to miss out on the opportunities that the world’s third largest online marketplace has to offer, do you? There’s a host of reasons why selling on eBay is important for your business:
Massive Market, Great Exposure: With over 170 million active users (2017 figure), eBay offers an excellent platform to sell your products. There’s a greater chance to get found on eBay than with a personal website.
Auction Your Products: eBay, which originally started as an online auction website, gives you the option to get a higher price for your offerings. Choosing the “reserve price” option ensures you never have to sell your product for less than what it is worth.
Sell a Lot More Than Just Products: Sellers on eBay aren’t just limited to selling products, unlike other marketplaces. You could well be a foreign language teacher or even a tattoo artist for that matter and make a living through eBay. Simply create an auction for your service, adding details about your offerings, qualification, etc.
Brand Your Store: This is something that you can’t do on Amazon. eBay gives you the flexibility to customize your storefront. This means, as a seller, you can create a unique brand identity which is different from the marketplace’s own identity.
Relatively Lower Fees: Unlike Amazon that takes a cut of 15% and levies other charges per sale, eBay takes only 10%. This could translate into better profit per sales for a seller.
Sell Internationally: Selling your products outside of your country is one of the smartest ways to expand your customer base. eBay makes shipping less complex, making it easier for you to cater to a global audience.
Trust: eBay enjoys a very high customer satisfaction rating: around 81% as of 2017.
One of the reasons why you could be potentially losing out on a ton of sales is because your listings are not optimized the way they should be. Just optimizing your listings (by tweaking the titles, improving the quality of descriptions and images, and incorporating the right keywords and phrases) can increase eBay sales in less than a month!
The answer is pretty simple and straightforward: we know how to sell stuff on eBay. Having been an end-to-end ecommerce service provider for almost two decades now, we have expertise in every aspect of the business.
A few compelling reasons to choose Team4eCom:
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