If you’re thinking to start your eCommerce business then you’re probably wondering what platform is best to sell your products online.
Which platform generates more revenue?
First, Amazon seems like a giant when compared to eBay in terms of the revenue is generated for the past year. Amazon generated $10.8B in revenue annually for 2020, while eBay earned $280.522B.
What is the difference in customer behavior between Amazon and eBay?
It is important to first understand the differences between Amazon and eBay, as well as the customer behavior on each platform. If they were to search for second-hand items, most customers would prefer eBay. However, you can still buy used items on both. The auction model offers affordable prices.
While you can sell anything on eBay (except illegal items), you don't have much control over your profit margin. Amazon allows you to set fixed prices. You can certainly list fixed-price items on eBay. However, we recommend that you keep in mind customer behavior and expectations.
What are the best items to sell on Amazon and eBay?
Amazon focuses on new products greater than the used goods. You can, however, sell certified refurbished items in certain categories.
You need to know what type of items can be listed on each platform to choose the right one for you.
If you’re very much interested in selling books then check out SellerApp’s how to sell books on the amazon page for useful tips.
Selling on Amazon vs. eBay
Okay. While we've discussed customer behavior, types of goods, and pricing, you are probably wondering how much it costs to sell on Amazon and eBay.
Amazon offers two types of plans. The Individual Plan and the Professional. The Individual Plan costs $0.99 per item and does not have a monthly fee. This plan is ideal for those who plan to sell less than 40 items each month. You can switch to a Professional plan for $39.99 per month once you begin selling more.
If you are looking to sell specific items or other products that are not already on Amazon, you will need a Professional plan.
You will need to pay some additional fees in addition to the price plan you select.
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Referral fees
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Closing Fees
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Refund Administration Fees
Sellerapp's Amazon revenue calculator can help you calculate your profitability before you start.
What is the cost of selling on eBay?
These fees will apply if you sell items on eBay.
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There is an insertion fee. You'll receive 50 insertions free per month, sometimes more, if you open your store.
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Final Value Fees – 8% of the final sale price for items under $50, plus an additional 5% for items over that amount
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PayPal fees – This flat rate is $0.45 plus 2.9% for each transaction
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Optional listing upgrade fees: Although they are not required, they are preferred if you wish to have a great eBay listing.
You will need to pay shipping costs if you offer free shipping. Shipments for a free account for 71% of all purchases. It wouldn't surprise that buyers would prefer this.
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