If you want to start selling on one marketplace, half of your friends will tell you to sell on eBay and the rest recommend Amazon. However, before you make a final decision, you should know that there are certain things that you must consider. After all, each marketplace has its own benefits and restrictions. This is why you need to choose one that is based on your needs. So, which one is suitable for you?
We will discuss the following features:
As a rule of thumb, you should remember that it’s cheaper to use eBay rather than Amazon. eBay will charge 10% and $0.30 charge by PayPal. Whereas, Amazon will charge you 15% for a monthly revenue and for each item you will also get charged $0.99.
However, there categories on Amazon where you sell and they charge you less. For example, for used electronics such as a computer, you will get charged 6% and the usual $0.99 per item.
As well as, for an unlocked phone, a smart device, camera and video games consoles, you will get charged 8% + $0.99. In addition to this, for the selling of used power tools will cost you will pay 12% plus the additional $0.99 charge per item.
If you want to sell things that are much cheaper than $10.25, it will cost you less on Amazon. However, if you are a professional seller and all of the items will cost far more than that, it’s much cheaper for you to use eBay.
Now, this is where eBay has a clear advantage than compared to Amazon. This is because Amazon doesn’t promote third-party sellers. In fact, if you aren’t a reputable brand, it’s very difficult to build your name and sell like a well-established business. A recent statistic shows that 1-in-30 buyers leave reviews, this means that you have to sell a lot and hope that the customers that give you a feedback, leave a positive review. In comparison with eBay, where 1-in 3 leaves a review.
As well as, the majority of sellers on Amazon, do not sell hand-made stuff or unique products like eBay does. They usually sell the items that are purchased in bulk or from wholesalers. This is absolutely brutal if you do not have the resources to do the same. Just think, if you can purchase a large quantity and sell it on Amazon, what stops the others from doing the same? If that isn’t enough, you should know that some sellers use a system where it produces automated repricing. Thus, they do not have to manually do it. Once a seller out-prices another, it automatically goes into a downward spiral.
Amazon – If you are selling a product made by a reputable brand, you can risk getting restricted. This is because if the company decides that they do not want their products to be listed by third-party-sellers, you will no longer be able to sell your products. Furthermore, you will receive the money for the items, paid directly into your bank account every two weeks. This can be a pain if this is the only source of income.
eBay – This marketplace is easy to use if you stick to the regulations. It’s basically like your own personal garage sale but bigger and better. You should know that more than 80% of items sold on eBay are from new brands. Its pure purpose is a platform for start-ups. You receive your money straight after you sell and you do not get charged a lot of tax. Just make sure that you follow their policies. However, if your eBay account has been suspended, we can help you with that. Buy eBay account from us and you will be able to get back on the track immediately!
Taking all of this into consideration, it’s much more convenient to be a seller on eBay rather than Amazon. Especially if you do not have the revenue to pay a lot of tax or purchase in bulk. If you do not have a reputable brand, you should stick to eBay. Nonetheless, if you want a challenge, Amazon will always be there for you.