Why Is eBay The Best Place To Sell Your Items?

One of the essential things to consider when starting an e-commerce business as a seller is a suitable site or platform that can guarantee the safety of your products and generate income for you. As a result, having these two can ensure your success in selling products online and drastically improve your business.

However, of many e-commerce companies that promise those things mentioned above is eBay; as a multinational e-commerce company—established over two decades ago, eBay is one of the most influential and popular e-commerce platforms connecting customer to customer and business to customer.

The current research proved that there are over 138 million users who are active on eBay, with over 18 million sellers. Hence, despite all those mentioned above, several sellers ask the same questions if eBay is a suitable platform for them to sell their products or not.

However, if you fall under the same category as this doubt, this article is for you. Here, I’ll explain why you should start selling your items on eBay, including some statistics and ways eBay works.

Reasons Why eBay Is The Best Platform To Sell Your Items

It would help if you considered some basic reasons before choosing a suitable platform for your online business. However, these are some of the reasons why eBay might be the most ideal for you:

It Requires Low Cost

As a start-up business that wants to develop a new e-commerce site, you need to consider your budget before launching into any e-commerce platform. However, eBay is suitable for you if you want to run your e-commerce business with a low budget amidst most other platforms. That’s because it’s an already established platform, so there’s no extra investment.

It’s Easy To Open And Use

You don’t need any extra or expert knowledge to open an eBay account as a seller. There are support and guides available for you during the process. Therefore, you can set up eBay at any moment. If ready, you can click the link (eBay sign up ) or buy an eBay account from the professionals.

It Has A Vast Reach

With over 138 million users, eBay is one of the top e-commerce platforms with vast access to the global marketplace. However, if you’re a start-up business, you have the advantage of growing your business on the eBay platform. Also, if you know how to set your account well, you have a higher opportunity to reach potential customers faster and develop drastically.

Moreover, eBay has SEO that can help your products to rank higher than the others.

It Offers Protection For Your Items

Being in existence for over two decades, eBay is one of the best platforms you can rest assured of the safety of your items. It offers protection from buyers who won’t pay after getting the products. Therefore, you have less risk to your business while selling items on eBay.

It Offers Fixed Rates

The rate charges of eBay are fixed. Therefore, you can easily plan your future strategies as a start-up business for easy development.

Is Selling On eBay A Good Way To Make Money?

Absolutely yes, you can make as much as you want while selling your items on eBay. That’s possible due to its vast access to millions of buyers worldwide. Most importantly, if you’re a start-up business owner, you can generate a huge amount of money on eBay. Recent research proved that the average eBay seller earns about $35000 per year, while some pro earns around $70000 and above.

Moreover, as there are several ways to make money while you’re in college, selling items on eBay is one of them. Recently, most college students are making selling items on eBay as their side hustling job; most of them are making huge income. Therefore, you’re not excluded from making money on eBay while selling items if you’re still in college.

How Much Does eBay Take For Sale?

eBay charges a fee called final value fee on every sale. The final value fee is the percentage of all the sale amount of shipping and handling charges without sales tax. However, the final value fee varies depending on the categories of items you sell on eBay. Mostly, it ranges between 3.5% – 12.9%, while some can be higher or lower.

Recently, eBay charged an addition of 0.30% on every final value fee of store sellers. In comparison, sellers without stores have an addition of 0.35% on every sale, irrespective of the categories of items you sell. For example, if the final value fee for your item is 11.7%, you will have an addition of 0.30%, which makes it 12.0%, while sellers without a store with an 11.7% final value fee will end up having an addition of 0.35% which makes the total fee 12.05%.

How Do You Receive Payment On eBay

As a seller on eBay, you must be paid for any items you sell. Now, the question is, how do you receive your payment after the order via delivered successfully or after the buyer’s payment is confirmed?

There are many ways you can receive your payment on eBay, but that depends on the payment options you choose to receive payment and your agreement with eBay to send money to you.

However, you can get paid directly through bank transfer, money order, cheques, and other online payments except those that are not allowed on eBay, like PayPal and others. Most importantly, eBay has introduced a new payment system called eBay managed payments to secure your money. You can also choose the system of receiving your funds on eBay daily, weekly or monthly, depending on your preference.

eBay Active Sellers By County (%)

The statistics made in 2021 proved that most eBay sellers come from a few countries while the United States and the United kingdom prevail. You can see the full details from the charts below.

Country	Sellers[%]
United States	31
United Kingdom	29
Germany	15
China	12
Australia	4
Italy	2

Source: eBay company data

Conclusion

Conclusively, if you want to start an online selling business or you’re looking for a side hustling job you can be doing, consider starting with eBay e-commerce today and grow your vast opportunity of making high income daily, weekly or yearly.

Moreover, you have less risk of being scammed, as there is high security over your items online with eBay e-commerce company. Overall, eBay is one of the top-rated e-commerce platforms that can help your start-up business to move to another level.

Frequently Asked Questions

Can You Buy Someone’s eBay Account?

Naturally, eBay disregards the selling and transferring of accounts. That is because they believe your account has value after you have built a reputation with your customers. Therefore, if caught, the account might be suspended.

What Are eBay Stealth Accounts?

eBay Stealth accounts are accounts that are not linked to the actual owners. They’re accounts with different information like IP addresses, names, browsers, and so on.