Why Use eBay Instead Of A Normal eCommerce Store?

Using eBay to sell your products certainly has a lot ofbusinesses is pretty slim. So we can apply what they
advantages, compared to selling on an online store.teach to our own eBay business.
The top 5% of eBay sellers are now making over3. You can also automate a lot of the day-to-day
$1,000,000 each year, or more.tasks, using tools especially made for eBay sellers.
So what are these advantages?Many of the customer service and administrative
1. For the traffic! Instead of driving traffic to your store,tasks can be anticipated and automated, leaving more
eBay already gets the traffic!time for online sellers to work on their business, instead
Why reinvent the wheel? Use eBay and piggyback onof in it. Or more leisure time, whatever!
their success.4. eBay's Feedback system means that new buyers
2,000,000 shoppers visit eBay each and every day tocan immediately trust you and your product. Buyers
find products that will give them solutions to theircan leave their feedback about their experiences with
problems, with their credit cards in hand. They spendsellers, for other buyers. This is even better than
$121,000,000,000 EVERY DAY on eBay.testimonials you see in online stores sometimes, which
It makes sense to use a market that is already lookingmay not be current, or even true(!).
for products and ready to buy. It makes sense to5. The cost of setting up your own online store outside
utilise Ebays excellent reputation and extensiveof the eBay system can be many thousands of
advertising, which you get for free when you sell itemsdollars, plus the cost of ongoing maintenance. All of
on eBay. No need to find a new market and newwhich needs to be recouped before any profits
customers (promoting a website can be both costlybecome available. Whereas eBay listings are cheap.
and time-consuming, and takes time to become6. The auction format means buyers bid for your item,
established).and if you set this up correctly, a bidding frenzy can
Plus, Google loves eBay and many times you will seeresult, driving the price higher than normal. I have seen
eBay listings in a Google search, on the first page. Aa gold chain, for example, get 26 bidders, and sell for
corresponding online store may easily be a hundreddouble the retail cost. Of course, the flip side is that it
pages back, never to be found.can sell for less than cost price too. But this too can be
2. Nowhere else can you research past sales andchalked up to research.
trends as easily as you can with eBay. The information7. eBay welcomes second hand goods, so you can
for any keyword/s can be as current as the previoussell unwanted items around your house, as well as
night, and can include starting price, selling price,your main products, all on the same platform. Most
percentage of items sold, and will even show you thepeople have around $2000 of surplus items lying
actual listings. Even before you start to sourcearound the house, garage or shed, and these can be
products you can see at a glance whether it will beused perhaps, to fund the products you want to sell.
worth selling them. I would like to see Amazon or aEven if you do decide to open your own online store,
normal ecommerce site release this sort ofthen the initial research on the products can be done
information!on eBay for very little money. May only be a couple of
3. Education about the best way to sell on eBay isdollars, depending on the product. You can test the
readily available. Many powersellers are happy tomarket, see how much interest there is in the item,
teach you what they do. Why would they do that?how much it will sell for. You can also put a listing on
Well, because eBay has thousands of categories andeBay to drive traffic to your store, and again, this is
millions of items, the chance of any competition to theirvery cost effective.