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April 03, 2022 Posting Komentar

If you want to build a profitable ecommerce business concern that stands the test of time, yous need to register your ain domain and start your ain spider web site.

Most people who aren't tech savvy often question their ain abilities and end up relying on tertiary party marketplaces like Ebay to implement their website store for them.

Here's why starting an Ebay store is a bad idea.

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Ebay Doesn't Accept Your Interests In Mind
EBay May Charge You A 4% Fine For Certain Listings
Ebay Shoppers Often Don't Pay Or Change Their Mind
Ebay Sellers Volition Copy Your Images And Listings
Ebay Has A Long List Of Prohibited Items That You Tin can't Sell
Ebay Stores Don't Provide Design Flexibility
Ebay Shoppers are Inherently Cheap
You lot Tin Non Build A Brand On Ebay
What Ebay Is Good For
Making Coin Selling Online
How To Open Your Own Shop
Oftentimes Asked Questions Virtually Ebay Online Shopping And Selling

Ebay Doesn't Have Your Interests In Mind

Ebay, like most publicly traded companies, is primarily concerned with their own growth and stock cost. They don't care whether you are successful, nor practise they care whether y'all provide a 18-carat service to the customs.

They'll practice whatsoever information technology takes to demonstrate growth and make shareholders happy.

What this means is that you are always at their mercy. They tin switch up the rules whenever they want and drastically touch your sales. They can also ban your sellers account at any time.

Over the years, Ebay has made dramatic changes that have put many sellers out of business organization. As a slave to their platform, y'all tin never exist conceited and they continue to raise prices to appease Wall Street.

Let'southward take a quick peek at Ebay's selling fees in the tabular array beneath.

Basic fees for auction-style and fixed price listings
	Insertion fee (per listing)	Final value fee (per item)
Your first l listings (per month)	Free	10% of the total corporeality of the sale
All additional listings over fifty (per month)	$0.xxx	10% of the total corporeality of the sale
All your listings advisable for and listed in theMusical Instruments & Gear > Guitars & Basses category	Gratuitous	3.5% of the full amount of the sale

In improver to the final value fees listed above, Ebay also likes to nickel and dime you with listing fees as shown in the tabular array below.

Upgrade	Starting or Buy It Now toll: nether $150		Starting or Purchase It Now toll: $150 or more
Upgrade	1, 3, v, 7, and 10-24-hour interval duration	thirty-twenty-four hour period and Skillful 'Til Cancelled	1, 3, 5, 7, and x-day duration	30-twenty-four hour period and Adept 'Til Cancelled
Scheduled Listing	Free		Free
Listing Designer	$0.10	$0.30	$0.twenty	$0.sixty
Gallery Plus	$0.35	$one.00	$0.70	$2.00
Subtitle	$0.50	$1.50	$1.00	$3.00
Value Pack	$0.65	$2.00	$1.30	$4.00
Bold	$ii.00	$four.00	$three.00	$six.00
International site visibility	Auction-style listings (all durations)		Fixed cost listings (all durations)
	Starting price	Fee	$0.50
	$0.01 – $9.99	$0.10
	$10.00 – $49.99	$0.twenty
	$l or more	$0.40

As yous can see, the listing fee tabular array is fairly intricate and intentionally complicated so you lot don't realize how much information technology costs to list an particular.

Bottom line, if you open a store on Ebay, they will take between ten-eleven% pct of your gross sales right off the bat.

If yous as well have into business relationship the fact that y'all have to use Paypal for your transactions, y'all stop upwards paying Ebay about xi-14% of your total revenue.

In addition to this, you also have to pay a monthly store membership fee for the privilege of creating a web presence on a platform that you do non command.

For a long time now, Ebay's growth has been stagnant. Practise you lot really desire to host your ecommerce business with a company that hasn't grown or innovated for years?

In any case, here'south how much Ebay charges for store membership fees.

Note: The deviation in plans comes down to how many listings you plan on having in your shop and whether you need defended customer support. Ebay shops also get a slight discount on the concluding value fees

**Subscription fees**
Store type	Monthly subscription fee	Yearly subscription fee
Starter	$7.95 per month	$4.95 per month
Bones	$27.95 per calendar month	$21.95 per calendar month
Premium	$74.95 per calendar month	$59.95 per month
Anchor	$349.95 per month	$299.95 per month
Enterprise	No monthly programme	$2999.95 per month

Equally y'all tin probably tell, Ebay'south listing and selling fees start to add together up to a lot of money!

Editor's Notation: If you are tired of paying Ebay's high fees, then consider these alternatives to Ebay

EBay May Charge Y'all A 4% Fine For Sure Listings

Ebay silently began imposing a 4% fine for sellers with beneath standard accounts. A below standard seller is a vendor who…

Ships packages late more than oft than average
Has a college than average defect or "detail not equally described" rate
Has an above average unresolved dispute charge per unit

As a result, it is imperative that you maintain an "above standard" Ebay rating or risk getting charged even more than to sell on their platform.

Ebay's 4% fine is on peak of the terminal value fee that is incurred with every sale. Because Ebay is so competitive, there have been reports of unscrupulous sellers who purposely sabotage other sellers by making false purchases and leaving negative feedback.

Be conscientious!

Ebay Shoppers Often Don't Pay Or Change Their Mind

Every time a heir-apparent successfully wins an sale for an item you sell, Ebay charges you a terminal value fee. However, sometimes the customer has buyer's remorse and decides not to pay.

When this happens, Ebay however charges you a concluding value fee unless you manually asking a refund using their unpaid item procedure. If you sell many items through Ebay, this can be a very tedious process.

While Ebay has introduced an unpaid item assistant to help with this issue, not all sellers have admission to this tool.

Ebay Sellers Will Copy Your Images And Listings

Because Ebay is such a cut throat marketplace, at that place is rampant piracy. Unscrupulous sellers volition steal your images and your list verbiage and sell your exact same items alongside of yous.

Fifty-fifty though y'all tin can study these dirty sellers to Ebay and have them taken downwardly, it'southward like playing whack a mole. Equally soon as one copycat goes down, another one pops up.

Ebay Has A Long List Of Prohibited Items That You Can't Sell

Unlike a normal store that y'all control, in that location's a long listing of products that you lot are non allowed to sell on Ebay.

These items include

Adult items – Ebay technically allows developed items to be sold on their platform. All the same, adult items are always subject to some class of brake at Ebay'south discretion. In general, adult items will take limited visibility on Ebay and y'all tin not advertise.
Alcohol – Ebay does not allow the sale of alcohol except for pre-canonical sellers who can sell wine only.
Animals and wildlife – Pets and most live animals tin can non be sold on Ebay
Art – While you are allowed to sell works of art on Ebay, there are many rules and guidelines regarding how to create listings to sell reproductions, replicas and original works of art.
Artifacts – Items taken from government or protected land, historical grave sites, or shipwrecks can not be sold on eBay
Used vesture – Exterior of used underwear and socks, most used clothing tin be listed on Ebay
Credit and debit cards – Due to fraud risk, credit and debit cards can not be sold
Drugs and drug paraphernalia – The sale of drugs are forbidden on eBay including drug related accessories like vaporizers, pipes etc…
Firearms and weapons – Firearms and weapons can not be sold on Ebay. Still certain firearm parts and accessories are immune as long equally they obey Ebay's guidelines
Food – Unpasteurized dairy products, fruits and vegetable juices are not allowed. Expired food is non allowed either.
Gift cards – Souvenir cards can be sold but the total face value must be $500 or less. Also, the gift card must exist in manus and ship within 5 days upon auction closing.
Hazardous materials – Hazmat goods like fire extinguishers, refrigerants, and flammable goods can't be listed on eBay.
Lock picking devices – Lockpicking or locksmithing devices are not allowed.
Chance listings – Mystery listings or sweepstakes are not allowed to be sold on Ebay
Mailing lists and social media – Selling personal data or social media accounts is prohibited
Coupons – Y'all can sell up to 25 coupons worth $100 in full per 30-mean solar day catamenia
Stamps, currency and coins – All currency for auction must be graded by an Ebay approved company
Used cosmetics – Used cosmetics tin not be sold on Ebay

Ebay Stores Don't Provide Design Flexibility

Unless yous feel like paying hundreds of dollars a calendar month, Ebay greatly limits what y'all can practise with your storefront.

They try to package their stores with design tools to add value, but near or all of these tools are available on the web for free already thanks to companies like Google.

To give you an idea of how restrictive an Ebay store can be, the "Anchor" membership which costs $300 a month, allows you to build a handful of custom webpages. And the blueprint of these pages is very canned.

Here'southward a what a folio looks like..

In this twenty-four hour period and age, $300/month is an egregious amount to exist paying for a simple website builder. Meanwhile, you lot can build unlimited pages on your own website that you lot host yourself.

Ebay Shoppers are Inherently Cheap

When I shop on Ebay, I wait for bargains. Peculiarly since most of the stores on Ebay are mom and pop shops or individuals working out of their home, people generally expect to pay less for their merchandise versus a real shop.

What this means is that you volition rarely get top dollar for your items. Considering you are limited by what Ebay allows you to do with your store pattern, the only mode to differentiate yourself is to lower your prices which volition cutting into your margins.

In general, the Ebay marketplace is extremely competitive, cutting throat and hard to intermission into.

Yous Tin can Not Build A Make On Ebay

Because Ebay is a airtight platform, yous exercise non accept access to your client base nor can you sell to your customers outside of Ebay.

As a result, it'due south extremely difficult to attract echo business. After all, you can not collect emails and you are not allowed to solicit customers after a auction has been made.

Here is the circumlocution taken verbatim from Ebay's aid page.

Your correspondence with customers can NOT include:

Offers to sell items outside of eBay
Telephone numbers or email addresses
Links or epitome references to items non located on an eBay site
More than 100 eBay HTML tags
JavaScript or other active scripting

In other words, y'all have to constantly fight for new customers and you will never build a loyal customer base.

The other problem is that shoppers who buy on Ebay believe that they are buying from individuals or pocket-size business owners selling goods out of their garage.

As a result, it's almost incommunicable to build a reputable brand. If you lot want to offset a long term ecommerce concern, then Ebay is the absolute wrong place to do it.

What Ebay Is Good For

Even though Ebay is not a expert long term domicile for your ecommerce business, there are some benefits to selling on their platform.

Get-go off, the Ebay marketplace is fairly big so there'southward already a built in community of avid buyers to tap into. As a effect, selling on Ebay is a great way to validate your product before yous go all in.

By selling new items on Ebay kickoff, you can speedily test the market place to determine whether you should move frontwards with a majority gild.

Ebay is also a great place to liquidate your old junk or products that have been gathering grit in your warehouse.

To perform product research and validation on Ebay, I like to use a tool chosen Terapeak. Terapeak scrapes all of the completed listings on Ebay and tells you what products are hot.

Related: If you are interested in learning how to sell online, click here to take my Free half-dozen day mini course. I will walk yous through the process of finding a product to sell and how to make your kickoff sales online.

Making Money Selling Online

In the long run, it always pays to own your ain platform. After all, when you own your own business concern, y'all call all of the shots.

No ane can enhance prices on yous.
No 1 tin can modify their selling policies on y'all
No i can ban you from your own platform

The most compelling reason to start your own online store is that it allows y'all to own your customer base. After all, a customer who has purchased from you lot once is many times more probable to buy from y'all again.

Y'all can gather emails. You can differentiate yourself from the competition with your ain design. You can establish a brand.

The biggest hurdle about people have when edifice their ain store is the fear of the unknown. But these days, there are many uncomplicated and cheap means to build your own shopping cart.

How To Open Your Own Shop

For case, there are many shopping cart software packages already written for you. Hither are some choices.

The Cheapest Solution: Click here to watch a video tutorial I made on how to start an online shop using gratis open source software.
An Easier Solution: Click here to bank check out Shopify, which is a fully hosted shopping cart solution that will do pretty much everything for you lot for a small monthly fee. They offer a costless trial
A Powerful Fully Hosted Solution: Click hither to check out BigCommerce which is similar Shopify but is more powerful from a feature standpoint.

Whatever yous decide, stay away from Ebay Stores. As far as I'm concerned, Ebay is merely good for getting rid of unwanted items through their auctions.

Related: If yous are interested in learning how to start your ain online shop, click hither to have my FREE 6 twenty-four hour period mini course. I will walk y'all through the procedure of finding a product to sell and how to make your first sales online.

Oftentimes Asked Questions About Ebay Online Shopping And Selling

What Is Ebay Online Shopping?

Ebay is an online marketplace where you can buy goods and services from individuals and businesses from all over the earth. It doesn't matter if the products are new or used, you lot can find practically annihilation for auction on their platform.

Is Information technology Condom To Buy Things On Ebay?

Thanks to buyer protection, it is very safe to buy from Ebay. If you don't receive your purchased goods or if you are unhappy with your products, yous can file a Paypal dispute. In full general, Ebay tends to side with the heir-apparent.

How Much Does It Cost To Have An Ebay Store?

The cost of running an Ebay store varies depending your plan. The starter plan costs $vii.95/month and the highest plan (called anchor) is $349.95/month. The right plan to choose depends on your listing book equally there are price breaks with each tier.

Does EBay Charge A Listing Fee?

Ebay charges both a list fee and a final value fee to sell on their platform. In addition, there are various promotional and list features that you lot must pay for to make your listing more visible to prospective buyers.

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