2. eBay Store
Why an eBay Store?
eBay is an American multinational consumer to consumer
selling website. With its wide reach in the international
market it is the number one online selling portal in the
world.
eBay users worldwide sell a gross of $2500 every
second.
4. Process?
5. Receive
Once the product is sold, payment
get confirmation of the and ship the
product
payment and ship the
product to the buyer
through courier, cargo, etc.
4. Track
your listing
from your
account
Once the product has been
listed, keep track of the
potential customers, bids,
etc.
1.
Register yourself on
eBay
Create a
Sellers
Account
eBay shops vary in cost
depending upon your
budget and the type of
product you want to sell.
2. Purchase a
shop from
eBay Seller
Central
3. Prepare
your item for
listing and list it
in appropriate The product has to be uploaded in the stop :
category Pictures, Details, etc, also the type of sell has
to be decided : Auction Selling, Buy it Now
selling
5. Cost of opening an eBay store?
Your costs may include all of the following:
Cost of the eBay shop
Basic (Rs 499) – Premium (Rs 3999) per month
Cost of the item that you are selling
Cost of shipping the item to the buyer (this may include insurance)
Cost of Packaging your items
eBay Fees
-
- Insertion Fees – This is a fee for making your items available for sale and is
levied regardless of whether your item sells or not. Insertion fees vary depending
on the starting price of your item (and in some cases the category in which they are
listed).
-
- Feature Fees – These are optional fees which are levied for listing upgrades. You
may choose to use these listing upgrades to market your items to buyers on the
eBay platform. If you choose to take features, these fees are levied regardless of
whether your item gets sold or not.
-
- Final Value Fees – This fee is levied if your item gets sold successfully.
PayPal Fees
While shipping, insurance and packaging costs can be recovered directly from the
buyer, the item price needs to cover the remaining costs as well as provide a profit.
6. Promoting the shop
eBay enjoys a wide reach worldwide.
The key to selling on eBay is selecting the right products.
The most successful items sold are :
Computer & Mobile Accessories
Jewellery
Consumer Durables
Collectibles (Coins, Notes, Stamps, Autographs)
Books
eBay provides SEO (Search Engine Optimization) for its users
to enable customers to direct them towards their products.
Plus there are various VAS, such as advertising on front page,
Adwords, etc.
Promoting on eBay is easy, and is very cost effective than
promoting either wise.
U can merchandise your shop :
Create listings, Gallery pages, Send mailers to customers, Advertise on the
front page, Create a custom headers, etc
7. Overall Analysis?
Internet is the medium to enjoy a wide reach. A lot of business’ are
going the tech way. Having a web presence helps a lot.
eBay Inc, helps sellers enjoy a wide reach globally as well as buyers
to purchase products that are unavailable locally.
eBay store is a very economical way to start a business. Consumer
to Consumer selling and develop into a global shop.
The off side of this business is that a lot of shops are already
existing, it will be difficult to position the products that we want to sell
in a better way then the others.
On the optimistic side, the reach and the variably low costs eBay
offers to its clients is enough for users to venture into such a
business option.