All about to know what is an Ebaye? – How does it work
Ebaye is an online shopping site known for its auctions and consumer-to-consumer sales. It is also trendy for online traders to use as a sales channel. eBay is offered in many different countries. However, you can hunt for products available in your local area by entering the zip code. Instead, you can search for products available nationally or internationally.
You can choose to sell and buy products. Anyone can open an eBay account for free. When you have a seller account, there are fees associated with it, for example, listing fees. Costs vary depending on the price you sell your products for, as well as how long you list them.
How does Ebay work?
An eBay eCommerce store allows sellers to display their merchandise in one place. They are much more like traditional online stores than individual eBay listings. Businesses can better communicate their brand with eBay Stores through web pages customized to them. If you see a red door-style icon next to a seller’s user ID, click it. It will take you directly to your eBay store.
If you need to start an e-commerce business using eBay, an eBay store is the best place to go. Sellers can take full advantage of eBay’s easy-to-use tools to create a storefront just the way they want it.
Shopify Vs eBay
Selling on Shopify is incredibly different from selling on eBay. These are two other business models, so if you’re new to eCommerce, you’ll want to weigh your options.
Here are some factors to consider:
1. Accumulated Traffic
If you need to start selling online, Shopify is, without a doubt, one of the most accessible platforms to launch. Many users have an online store running during the day. However, as beautiful as your digital storefront is, that doesn’t mean it’ll gain traction right away.
Therefore, you will need to develop a marketing plan to attract consumers to your store. No matter which marketing technique you choose, it will cost you time or money, or more likely both.
Whereas eBay provides a platform full of traffic that is already there. Digital marketplaces like this one have hundreds of online shoppers actively looking for products to buy. eBay spends a lot of money driving consumers to its platform to benefit sellers.
2. Building a fan Base
When you sell on eBay, you don’t have as many opportunities to develop and nurture a relationship with your customers. Whereas with Shopify, you can build a loyal following to boost your brand in many ways.
That way, they can enjoy a rapid burst of sales through eBay while building a loyal following on their Shopify store. Shopify is worth sticking with because, in the long run, it’s a much more lucrative way to run an online store.
That is because marketing an eBay store is difficult. Online marketplaces generally prefer to keep their buyers’ email addresses private. It makes it more difficult to use email marketing for advertising your promotions and building a relationship with potential customers.
If you’ve already done some research, you may already know that Shopify’s cheapest plan is $29 per month. It gives you access to their online store, where you can list as many products as you like.
In addition to this subscription, you will be billed 2.9% and 30 cents each time a consumer purchases goods with your credit card. However, you won’t be charged anything extra if you use Shopify instead.
In contrast, even though eBaye doesn’t charge its sellers a monthly fee, you are bombarded with other costs, for example, “insertion fees” and “final value fees.”
In a nutshell, eBay charges a small amount of money for each product you want to list on your marketplace. They also take a percentage of the sales you make.
There are also costs associated with:
- Publication of listings with a specific duration,
- Using several product categories,
- progressive item tools,
As you can see, there are masses of charges involved with running an eBaye store. These add up quickly, so they negate the benefits of not charging a monthly fee.
How to Sell more on eBaye
If you’re looking to increase your eBay sales, here are some surefire tips:
1. Show that you are Trustworthy
In general, new salespeople make fewer sales than more experienced salespeople, which makes sense, right?
It is because buyers are much more likely to trust a seller who has developed a good reputation in eBay’s feedback rating system.
Easy! eBay allows its customers to rate their experience by sending “positive” feedback to the seller if you don’t already know. The more positive responses a seller receives, the more credibility they will build.
However, getting positive feedback can sometimes take a while to build up. When you’re a new eBay seller, all you can do is keep up the pace, provide top-notch service, and be patient.
- Start by selling small but cheap items. It allows for a high inventory turnover in a short period. Hopefully, this should result in a lot of positive feedback. Please mail your products within 24 hours of receiving the order for the best results.
- Spend a lot of time packing your merchandise; You want your products to arrive in pristine condition.
- If buyers contact you, send a message as soon as possible.
- If buyers want a refund, don’t fight it; do it. If the item was luxurious, ask them to return it first (this ensures you don’t fall victim to someone trying to get something for free!)
2. Improve your Photography Skills
High-quality snapshots of your products increase change rates. There’s a lot to be said about the importance of your product in action. For example, have a perfect wear your clothes. Or have your kitChen gadget performing its function; you get the idea!
Suppose you can take and post multiple photos, even better! Buyers want to see what they are spending their hard-earned money on!
Before you start taking photos, consider the following
- Making sure the lighting is adequate,
- Using a professional-looking background,
- Determine how you will capture as much detail as possible,
Getting decent photos can be difficult, so browse the web and get as many pointers as possible. Product photography can take a bit of time, but it’s undoubtedly worth it.
3. Research your stock
If you want to charge a reasonable value for your products, take a look and see what other eBaye sellers are pricing similar products.
It would help if you also kept in mind:
- What photo angles are other sellers using?
- How are you formatting your description?
- Are these goods auctioned?
Use the answers to these questions to motivate your work. However, DO NOT plagiarize. It is bad practice, unethical, and will only hurt your brand in the long run. Instead, let the work of others guide you.
4. Reword Descriptions
It is not necessary to write the description of each product from scratch. Instead, please copy and paste similar product descriptions and rewrite them.
Having a loose structure will save you a lot of time and effort. Just make sure the copy is entirely original. Otherwise, it will hurt your SEO efforts.
5. Become a Power Seller
If you’re serious about eBaye selling, you’ll want to become a “Power Seller.” However, earning this elite status is a tall order.
As the terms suggest, only sellers who frequently make sales and provide high-quality customer service have Power Seller status.
So how do you become one? Well, eBay will identify you as a Power Seller when you have achieved all of the following:
- If have reached a 98% (or more) positive rating status.
- You sold more than 100 products and generated $3,000 in sales last year.
- You have been registered into eBay for a minimum of 90 days.
As you can see, being a suitable Power Seller takes time, but it will be worth it again.
How do I Form a Marketplace Like eBaye?
Did you see marketplaces like eBaye make as much as $65 million per month? That’s crazy. It is possible to create and maintain a similar online marketplace. However, you will need access to the following tools
- A web hosting plan,
- A marketplace theme, for example, Woo Commerce
- El plugin WordPress WC Vendors,
You’ll also want to consider what niche you want to operate in, that is, what kind of merchandise do you want your sellers to advertise in your marketplace? By adhering to a specific industry, for example, pets, beauty, weddings, etc. It will make your market easier to promote (especially when you are just starting).
How do I Buy Web Hosting?
In our opinion, Bluehost of all web hosting services is the best for security, customer service, ease of use, and reliability. Go to their home page and select the big green “start now” button to get started.
It then prompts you to choose one of their plans. Select the one that finest suits your needs, and then continue the startup process. In general, you probably don’t have more than your “standard plan” to start with. Typically, this offers enough storage and support for new market owners.
As you continue to the next page, you will have the option to register a new domain name or use one you have already purchased. No matter which process best describes your situation, follow its instructions. If you have opted for a new domain name, you will need to provide Bluehost with personal information, e.g., name, email address, physical address, etc.
When you’ve completed that, scroll down to the ‘Package Information’ section and select what you’re willing to pay for. Enter your billing information and hit the ‘Submit’ button when you’re done.