Wondering how to start selling on eBay? To help you out we have prepared a definitive guide on how to sell on eBay for beginners.
eBay is one of the most popular e-commerce selling sites on the internet. It is simple to open an account and begin selling online. The popular sellers and buyers site is a great way to make extra money on items lying around the house like clothes, tools, home appliances, handmade items, and many other items you can think of.
Table of Contents
- How to sell on eBay for Beginners?
- How much does selling on eBay cost?
- Selling on eBay vs Selling on Amazon
- 5 Additional tips for Beginners selling on eBay
- Conclusion: How to sell On ebay For Begginer (2022)
Should you sell on eBay?
eBay gives businesses and individuals of all sizes the opportunity to connect with international audiences, but the competition is fierce. To sell successfully on eBay, beginners must first understand the fundamentals and master skills such as listing optimization. If you’re new to selling on eBay, we’ve compiled a list of helpful hints to get you started.
It’s also simple to get started as an eBay seller. You can instantly create an eBay account, list a product, and then sell it. If you have old items lying around the house, selling them on eBay can be a simple way to get rid of them while also making some money.
How to sell on eBay for Beginners?
eBay is a simple and neat marketplace with organized categories that lets shoppers find items with simple keyword searches. If you are planning to sell goods and sell big on eBay, then here is the step-by-step guide on how to sell on eBay for Beginners.
1. Create an eBay account
Signing up on eBay is a very simple process. You can easily create an eBay account, and eBay will assist you with the whole sign-up process and ask for some basic information.
Just visit the Create an Account page and enter your credentials including name and email ID. You will then have to create a secure password for the account. After clicking “Create Account,” you’ll be taken to the eBay homepage, where you’ll be signed in to your new account.
2. Add a Payment Method
By adding your checking account, you will be able to receive payment from customer purchases on your preferred payout schedule. Find the “My eBay” dropdown menu at the top right corner of the eBay home page and select “Selling.”
Then, select “Account.” You’ll find “Payment options” under “Payments.” Fill in the information for the bank account where you want to receive payments from eBay sales.
3. Product Research
On eBay, you can sell almost anything. However, keep in mind that product sourcing and pricing can be difficult. However, if you specialize in a niche that you are passionate about, it will be much easier. You’ll become more adept at identifying great products and creating listings that are appealing to your target audience.
4. Click high-quality Pictures of Products
Your eBay store should feature high-quality, appealing photographs of the products you’re attempting to sell. Keep in mind that you want to make a good impression on your customers. Make sure you have enough light and a good camera when photographing your items.
5. Product Listing into Categories
Log into your eBay account and navigate to the “Sell” category at the top of the page before listing your item. This will take you to the seller’s page. Learn about all of the items on this page. Begin by deciding on a category. Putting your item in the category that best describes what it is will get you more views from people looking for that specific item.
6. Set the Right Prices
When selling on eBay, the goal should be to make a significant amount of money through multiple sales. You should try to keep your prices competitive with those of big-box retailers. People flock to eBay in search of a bargain and may be hesitant to pay the manufacturer’s suggested retail price for whatever you’re selling.
7. Set the Shipping Options
When you create a listing on eBay, you are given a number of shipping options. Domestic shipping (within your country) and international shipping (to anywhere in the world) are examples of these. USPS (United States Postal Service), UPS (United Parcel Service), and FedEx are the most popular options.
8. Preview Your listing Before it goes live
Before you click the button to start the auction, you’ll be able to preview your listing. Examine every detail to ensure that your listing is accurate, provides all necessary information, is priced correctly with your shipping preferences, and that the photos you’ve included are sharp and clear.
How much does selling on eBay cost?
It’s not always easy to figure out how much it costs to sell on eBay. If you’re investing money in sourcing products to sell on eBay, you want to make sure you’ll recoup your investment and then some. When crunching the numbers, don’t forget to factor in eBay’s seller fees.
There are numerous eBay fees, many of which are optional. However, there are two types of fees that every eBay seller should be aware of.
When a seller first lists an item on eBay, an insertion fee is charged, as well as when the seller relists the item, duplicates the listing for auction-style bidding, or lists the item in a different product category. Even if the item does not sell, insertion fees are non-refundable; however, eBay provides each seller with up to 250 free listings per month (or more for sellers running eBay Stores). Most products will be charged $0.35 per listing if you list more than 250 products.
Final Value Fees
Once an item is sold, a percentage of the final sale price is charged. The percentage is determined by the product category in which your item was listed. Most of the time, it will be 12.35%. Following each sale, final value fees are levied. This fee is calculated as a percentage of the total amount paid by the buyer for the sale, including shipping, plus $0.30 per order.
Selling on eBay vs Selling on Amazon
Related Read: How To Sell on Amazon For Beginners
If you already sell on Amazon, you should be aware of a few key differences between Amazon and eBay. Rather than competing for the Buy Box on a single listing for a popular product, each eBay seller can create their own distinct listing. In addition, eBay provides sellers with more robust listing optimization than Amazon. According to a recent market study, approximately 28% of Amazon sellers currently sell on eBay.
- Fees & pricing
eBay has recently streamlined its fees; the structure appears simple and straightforward. Amazon, on the other hand, can be difficult to navigate. To compare the two sites, sample calculations would be useful. Nonetheless, with multi-tiered pricing structures and closing fees that vary by item category, item weight, and buyer payment option, any examples could be interpreted as cherry-picking or biased toward one company or the other.
- Market size
When comparing the market size of both eBay and Amazon, Amazon comes out on top, accounting for approximately 14% of the global eCommerce retail market as of 2021, which is significantly higher than eBay.
The majority portion of eBay’s audience ranges between 35-49, accounting for about 32% of their total audience base. Comparatively, Amazon’s average shopper age ranges between 45 to 54, which always helps you to target a customer group that is starting to mature and flex its purchasing power.
If you are targeting a niche category with your products and are aiming for a well-defined audience profile, eBay could be a good fit. However, in the vast majority of situations, Amazon’s market share just cannot be matched.
- Market Competition
The competition between Amazon and eBay appears to go in favor of eBay, particularly when we’re talking about sellers. Simply put, you have higher opportunities and chances to have your product is seen and a more likely audience to spend time understanding your product and brand.
Amazon is a brutally competitive marketplace, with several different sellers vying for a single spot: the Amazon Buy Box. This could, on the other hand, work for you. If you truly offer the best products in your niche for the best price, you have a good chance of winning the Amazon Buy Box and making a lot of money. However, in most scenarios, eBay offers a more reasonable and effective selling experience.
- Selling Categories
When compared to Amazon, eBay does not have as many restrictions. Amazon’s 40 categories are divided into 23 that are unrestricted and 12 that require seller permission. These are referred to as ‘gated categories.’ The other five are subject to restrictions based on the type of product. In some cases, this is simply to prevent counterfeits. Other categories are seasonally restricted, such as toys and games during the Christmas season, primarily to avoid an influx of subpar products.
Instead of restricted categories, eBay has lists of restricted products. Before deciding which platform to sell on, ensure that your product or category is not restricted, prohibited, or gated, but there is a vast array of potential categories and products to choose from.
- Ease of selling
When it comes to listing your products, selling and receiving payments, eBay is faster and less complicated. You can list in minutes, choose your listing format, and then wait for your product to sell.
Amazon accepts payments for you as well but holds them for 14 days before transferring them to your bank account. It’s a lengthy listing process, but it’s still simple.
Winner: eBay. However, please note that the ease of sale will also depend on your product!
5 Additional tips for Beginners selling on eBay
Selling on eBay is always changing, and this guide only covers the basics. Once you’ve mastered the fundamentals of eBay selling, it’s time to experiment in order to learn how to make your listings more competitive and discover new ways to reach customers and help your business thrive.
- Find profitable deals online: You are not required to visit all of the product hunting stores. Do some online research at home first so you know what to look for in-store.
- Analyze and track your data: Begin by analyzing your account data with this guide to tracking and applying metrics for better growth; it will assist you in identifying areas where you can test out new ideas.
- Follow reselling groups: If you’re new to selling on eBay or have little to no experience reselling products in general, joining an online reselling community is a great place to start.
- Use the eBay App: Make sure you have the eBay app downloaded to your phone before going anywhere to look for products to sell. You can scan or photograph an item you want to sell, and eBay will display current listings for it.
- Turn on international shipping: The great thing about eBay is that you can enable Worldwide shipping at no extra cost or hassle by using the Global Shipping Program.
Conclusion: How to sell On ebay For Begginer (2022)
There’s a lot to learn about selling on eBay, but if you take your time and consider all of these steps, you should be able to avoid major blunders. Once you’ve established yourself as a trustworthy seller, you can begin increasing your listings and driving sales with eBay promotions.
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