Wednesday, July 16, 2008

Pros and Cons in Selling On Ebay



The customary way of earning, which we’re been widely introduced, is the buying and selling of products. Before, for sellers, internet was only used for advertisement, marketing strategy or reference for their customers. But now, the Internet alone can be your shop and advertisement at the same time. You can now afford to just stay at home, wait for orders to come. That’s a lot easier. You even don’t have to use a mammoth PR to convince your customers. How good is that? These are the wonders of eBay.

eBay is the selling sphere in the internet. Everyday, huge number of sellers and buyers trade through eBay. But, before you jump on this online auction, take a look on the pros and cons of selling on eBay.

PROS
Easy to register and to create account
It’s as easy as the 1-2-3 step. Once you have created your eBay account, you can start listing your items.

Very Google-able
When you google your products, you can possibly find your item because of the popularity of eBay. And, even on the first page of your search, you could found the eBay Items.

Not too picky
You don’t need to sell those expensive and posh products. In fact, most of the products sell on eBay are pre-owned. It’s synonymous to easy access garage sale.

Easy transfer of payment via Paypal
Paypal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal acts as the middleman between the buyer and seller, to finally execute their transaction. And, the good thing about PayPal, it is affiliated with eBay.

Develop your marketing skills
For beginners, regardless if you’re selling online or through actual retail stores, eBay is a training ground in enhancing your marketing strategies. How? By merely creating your market, gaining good feedbacks and loyal customers, definitely you’ve succeeded being an exceptional seller.


CONS

Huge world of competitors
Because of the accessibility of eBay around the globe, no wonder that large number of sellers will sell the same products you’re selling. This is the time you’ll use your marketing skills by offering the best service your customers will ever had.

Techie-challenged
Although you can use the normal text on selling on eBay, still, flamboyant ads will encourage more buyers to bid on your product. However, eBay requires the use of HTML which is not too friendly with those non-techies. The best way to resolve this is to download an HTML editor like Coffee Cup. If you have account in Multiply or Blogger, you can use them to convert your normal text to HTML codes.

Spammers/Joybidders/Bogus
Well, what can I say? These people are everywhere.

Fees to sell
In ebay.com, to be able to sell worldwide you have to pay for certain amount, which will be directly charged on your credit card. By the way, credit cards are definitely required to be able to sustain account on eBay. Although, the fee is relatively low as compared to rent fees you’ll pay in stalls, still, you have to focus on increasing your sales to compensate these fees.

Too early, too soon.
Since eBay is an online auction site, there will be number of days to end the auction. Although, it has the “Buy It Now” option, but only for those sellers who already made more than 7 feedbacks.

With the above pros and cons, it’s still up to you how to treat them in making it big on eBay. These are only points to remind you that earning money is easy, if you’ll put all your creativity, efforts and patience. eBay is actually doing a favor to us in making it as a medium in being and growing rich. One more thing I liked most with eBay, the customers are not always right here. The Sellers and Buyers compromise. So, start selling now.




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