Selling on eBay is all about putting your best foot forward and making the right impression. While it does not cost anything to start off, becoming more advanced in your selling means investing in additional services and tools. This is a good way to continue developing your reputation as an seller and add-on fees are a nice way to do this.
Many sellers offer extra features like automatic seller fees removal or listing inclusion options. These are great ways to build confidence in your seller profile, especially if you are new to selling. By doing these things automatically you will get started very quickly as all you need to do is add items to your cart and then remove the fee!
Bullet point expanded: Selling on Amazon has similar features but differs in how they operate.
Contents:
The more expensive the item, the higher the fee
As the cost of an item increases, so does the fee! As it stands, eBay charges nothing for selling items that are under $20, but if you have a more expensive item or something higher priced, then the fee can be high.
Thankfully, we do not charge any fees for selling under $20! But if you have a more expensive item or something higher priced, then the fee can be high.
It is important to note that buying items at a lower price than what is listed for is also eligible for a sold-replacement policy. This means if you need to buy your item back at a lower price due to loss or theft, you can apply for this policy and receive your item at a lower cost.
If you are trying to get rid of your old laptop and it is less than $50, but has been pretty worn down from use over the last year or so, then it may be worth applying for the replacement policy.
Additionally, if you include shipping in the price of the item, you will also be charged a fee
Even though Ebay is a free marketplace, you will still be charged for your item if it weighs more than or is larger than other items. This is due to the “consistency of size” rule!
To account for this, some companies add a fee for oversized items. This can be around $5-10 extra, depending on the product.
This is why it is important to estimate the price of an item before listing it. You can then decide if the item is worth the money or not!
If you are selling an expensive item or something that would make a big impact on someone, then you should think about offering a cash-back program.
The total amount of fees you are charged depends on how much your item sells for
When you sell online, you need to account for both the charge and fee policies of each platform you use. It’s not a safe method to trust your sales revenue to just one site!
Many websites offer fees and/or charges for selling, which can range from nothing to a very small fee. Some sites even offer promotional fees that never go up, but still charge you for selling.
This is why it is important to always be aware of your total sales revenue when charging fees. Some sites only count one sale as a purchase, while others count every sale as an item purchased. Either way, if your items are worth money, they will eventually sell!
If you have to pay a fee for selling on each site, then do not forget that the same amount of money may be spent on advertising and getting enough feedback from your buyers.
Fees start at 5% and can go up to 20%
When you charge a seller a fee, they have to pay it to Ebay. However, the seller can only receive that money if they sell the item!
Ebay charges a fee for each transaction which includes your listing and payment processing. This fee is called an established market fee and is applied to all listings.
Some sellers do not charge this established market fee due to how much they are charging and how much they want to Charge! If you are looking to start charging fees, start small! You want to start with a lower established market fee of 5% or less to assess whether or not people are willing to pay it.
There are other selling platforms you can use instead
If you are looking to sell your belongings, there are several other websites where you can buy from. Buyoo is one example and Craigslist has little white boxes called for-sale lots where you can list your items for sale.
If you are looking to buy, Invest in yourself and try some online shops and sites that cater to more practical goods such as furniture or clothing. You might get some great deals and be able to move forward with your life’s needs filled with satisfaction.
And lastly, if you are looking to sell, definitely send an e-mail or phone call (if possible) to the seller as soon as possible so they can arrange shipping or delivery.
Check out sites like Craigslist
While it may cost you money to sell things online, it’s also important to find alternative markets for your things. Most large retailers are totally reliant on the Internet to market and sell their products, and because of this, they often charge higher fees.
Many people can’t afford to pay such high fees and don’t have access to a cash flow that would advertise their product. If you really want your item, then try Craigslist or eBay Motors but with with a lower fee.
These sites are very helpful as they can help you find people who are willing to buy from non-professionals but who may not have the perfect item for sale.
Steps to take to start selling on Ebay
First and foremost, you must have a functional e-mail address! If you do not have a business email address or personal one, then create one to start trading!
Once you have your personal email address and business account set up, it is time to start selling! Sling your arms and take on the market! It will be hard at first, but remember that this is just a test run before moving on to more lucrative markets.
As mentioned earlier, your first buyer may be someone looking to buy and sell complete garbage, so do not worry about starting out with good quality items. Starting out should still allow you enough time to get your item level down if any repairs or refurbishment needs to be done.
Prepare your items for selling
It’s best to have some items that you want to sell but don’t have a great way to market them. People may also want to buy your products but not every person is able to spend money on every item they want!
So, make sure to have a few things that you would like to have but don’t! For example, if you want a new phone case, then buy one and build a case for it so people can store it! Or if you wanted a new necklace, then make the new one.
These things will give your stuff more value and help it get noticed by people who are looking for what you want. It is also better to start early and prepare your items before the sale begins because these things may cost money– Ebay charges fees for this.