Having a great product on hand? Confused about where to start? Stuck between Amazon vs eBay?
Don’t worry, we’re here to help you. In this article, we’ll be going to cover the major differences between Amazon and eBay, so that you can make a better decision.
DIFFERENCES BETWEEN AMAZON AND EBAY
1. CUSTOMER BASE
Based on the reports of statista, 215.03 million unique monthly customers prefer making their purchases with Amazon over any other store.
And, 66% of U.S Amazon users start their search on Amazon, ahead of search engines (20%) and brand websites (4%).
Amazon has an international presence with 19 marketplaces worldwide and it has customers in more than 180 countries.
When it comes to eBay it has 180 million active users. However, the website accounts for around 7 percent of eCommerce sales in the United States.
On Amazon, you can find literally any product. It has 12 million products listed on its site – of which 4,000 are sold per minute.
Just like Amazon, eBay has an extensive list of products that can be sold. However, this e-commerce platform is named for its uniqueness.
When it comes to products, if you’re selling new products that are commonly searched, Amazon will be a better option.
On the other hand, products that are unique or uncommon will drive better results on eBay.
You’ll have to pay seller fees to list products on eBay or Amazon.
Amazon offers two selling plans: Individual and Professional. The Individual plan allows you to sell up to 40 items per month for no monthly fee and costs 99 cents per item sold.
If you plan to sell more than 40 items monthly, opt for the Professional plan, which allows for unlimited sales and costs $39.99 per month.
In addition to the above-mentioned, there are also referral fees that are paid on every item you sell.
While on eBay you can list 50 items for free each month. After that, you’re charged $0.35 per listing. Also, they charge a 10% final value fee for most items.
One of the greatest benefits for Amazon sellers is the FBA. FBA which is Fulfillment by Amazon is a service that helps Amazon sellers to save a lot of their time.
Amazon will pick, pack, store and ship on your behalf when a sale is made. Also, it handles returns and customer service on behalf of you.
While eBay doesn’t currently have a program similar to FBA, you need to fulfill your orders on your own.
eBay has seller limits that are designed to stop illegitimate sellers from taking advantage of the platform. eBay has prohibited and restricted items in place, so make sure your products aren’t on this list before you get started.
Like eBay, Amazon also has certain categories that are restricted on Amazon. However, you need to get prior approval from Amazon to sell those products.
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Finally, now you’ve got some understanding and the differences between the two marketplaces Amazon and eBay.
Based on the product you sell, the budget you have, and a lot of other factors, choose your marketplace wisely.
Whatever the marketplace you choose, knowing your customers is essential.
Understand Your Audience And Sell More!