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Start with eBay. It should be the first marketplace you setup online. You can quickly create product listings, use pre-made templates, find your pricing sweet spot using auctions, and get your inventory on one of the top 10 visited sites on the internet.
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210,000,000MONTHLY VISITORS
• eBay is ranked in the top 10 most visited sites on the Internet
• People visit eBay with the intent to make a purchase, not just browse
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AUCTIONS
• eBay’s auction style platform gives sellers the opportunity to learn what customers are willing to pay for products
• Though Amazon has a great amount of traffic, the auction ability that eBay offers is great for market research
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EASY
• Extremely simple and quick set-up time
• Within an hour, most users will understand how to use eBay and have their products listed
• There are plenty of step-by-step guides available to learn more
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MESSAGES
• You can communicate with your customers and provide them with answers to their questions
• You can use this data to customize your online store by creating your content based around common questions
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COST
• It’s usually free to list your item with the option to pay for additional features
• The commission fees are only ~10%
• As you build your store and become better at attracting customers, you can build your own e-commerce store and save the fees
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FEEDBACK
• eBay’s feedback system is phenomenal because it helps you find out if a seller or buyer is reliable
• For sellers who provide excellent customer support, service and pricing, this is a great place to shine
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IMAGES
• A picture tells a thousand words!
• eBay makes it easy to showcase your product images
• Uploading images is easy and the quality of the images is very high
• The more pictures you list, the more likely you are to sell your product
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SAFETY
• Online fraud is big and continues to grow
• eBay does a great job reducing and preventing fraudulent purchasing
• Payments sent and received through PayPal are secure and eBay offers their own buyer protection program.
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CONVERSIONS
• Conversions on eBay are higher than an individual e-commerce store
• Consumers know that they are protected by eBay if they are unhappy
• If you have good feedback, have fair pricing, and generate traffic, your products will sell well
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TIME
• eBay listings look good and the templates make it easy to list your products
• You can have your products up in minutes without any prior e-commerce experience
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