wppremiere | Want an eBay business account? Focus on the pros and cons of the eBay Store. It is possible to start an ongoing business using eBay business account as your primary marketplace. But as with anything, there are pros and cons to consider before jumping in.
Pros and Cons of the eBay business account
Before starting your own e-commerce business with eBay, consider the following some of the advantages and disadvantages of the eBay business account.
Pros of selling on eBay business account
Shopper’s built-in base
With 212 million active users in the first quarter of 2018, eBay is one of today’s most popular e-commerce destinations. So you don’t have to spend a lot of time or money to market your business – those shoppers are already browsing eBay to get a variety of different products.
To develop your store and learn tips and tricks for running a successful eBay business account, the site offers community features such as discussion boards and Q&A forums. Therefore, you can learn directly from other sellers who have succeeded on the platform. eBay is more than just a market. It is a community that helps people and people who work together.
Easy to set up
Contrary to building your own website from scratch, setting up a storefront on eBay is relatively quick and easy. You need to sign up for an eBay business account and purchase a store subscription. Then, you can personalize your store with just a few clicks and start adding products right away. So you don’t have to spend a lot of time and money to get business done.
eBay not only has a reputation for buyer protection but also for seller protection. Over the years, the site has been considered a website that truly protects buyers in case the seller does not ship the product or engage in any form of fraud or misleading. However, if the buyer does not pay or submit a money-back guarantee claim without any proof of misconduct, there are also seller protection measures.
Multiple sales options
Unlike many other popular market sites, eBay offers auctions and immediate purchase options for sellers. So if you only want to have a regular store at a fixed price, you can. But if you want to earn more by having some items as an auction, you can. You can also set a minimum price so you don’t have to sell these items at the lowest price.
No competition from eBay
In addition, eBay does not actually sell any of its own products. Therefore, when shoppers browse the site, they only see items from third-party sellers. This also means that the platform has no incentive to make your products more difficult to find in order to guide buyers to their own product line.
eBay promises that they will never compete with us. eBay does not sell products on the website. They don’t compete with sellers.
Cons of selling on eBay business account
Compared to some other e-commerce sites, “eBay business account” seller fees are actually relatively low. But they still exist. When you list items on eBay, the site charges an insertion fee, and the total value based on the total sales price is charged. If you want to make your product easier to find, there are some optional fees. The exact cost depends on your seller’s subscription model and the price of the item, but you can view the full segment here.
As of 2017, eBay’s total merchandise was $83.9 billion. Therefore, although eBay itself does not sell any products, there are a large number of other sellers on the platform that needs to compete with them. So while it’s easy to set up, you can, of course, take advantage of a large number of built-in shoppers, but you still need to find ways to differentiate your store and products from all other options.
In part because of its early focus on auction sites, eBay has been called a bargaining website by many consumers. While there are certainly some shoppers willing to pay a premium for rare collections, there are still more people looking for the cheapest price. Shoppers have countless articles and posts that lead others to vulnerabilities or tips to get the lowest possible price. “eBay business account” even has a separate website section to trade. So if you want to sell high-priced items, it may not be the best platform choice.
Slow shipper’s visibility is low
Crawford explained that eBay rewards can be shipped to sellers on the same day or at least 1 business day. If you have a “custom” project and cannot ship quickly, there are exceptions to the rules. However, by providing fast shipping You will get more exposure. Customers don’t like to wait for their belongings.
Therefore, if you don’t have the time or ability to ship items quickly, it may have an impact on the visibility of your store. So this is another situation where eBay may not be the best choice.
When you set up your own website from scratch, you can almost control how the store looks and operates. However, the overall layout and operation of the eBay store on the entire platform is very standardized. So you can add some brand details and store policies, but beyond that, most of the content is all ready for you.
Regular website changes
The eBay platform has been working hard to improve. Through improvements, this will lead to website changes. Sellers who can’t adapt to change will get annoyed. The key is to quickly adjust your business model and adapt to change. Remember, If eBay changes something, the reason is to benefit everyone. We may not understand, but learning to adapt to change and trust eBay is the key.
Recommended links: How to Create a Sellers Account on eBay W/PIC
Hopefully, We trust How to make money with an eBay business account post has helped you discover some for your very own work.