What materials are needed to open an eBay store? What are the fees for opening an eBay store?

eBay has high requirements for product quality, but at the same time it also pays more attention to price. On this platform, if your product quality is the same, the lower the price, the more advantages you have. If you have a product that is good quality and cheap, then you can choose eBay. So what materials and fees do you need to open a store on eBay?

What materials are needed to open a store on eBay?

Although eBay has a low threshold, you need a lot of things when registering, such as invoices for the items you are about to sell (to prove that you have enough ability to ship), bank statements or utility bills, etc.

1. Business license issued by the government

2. Proof of identity: Chinese second-generation ID card, Hong Kong ID card, Taiwan ID card, passport, Hong Kong and Macau Pass, driver's license.

3. Proof of address: credit card bill, monthly bank account statement (Hong Kong only), utility bill, telephone bill, real estate ownership certificate.

4. Enterprise Entry Channel Application Form

5. Authorization letter from account operator (if necessary)

6. Existing Account Declaration Form

7. Value-AddedTax (VAT) number (if using overseas warehouse)

8. Trademark registration certificate (if necessary)

9.CE/FCC/RoHS/CCC/CQC safety certification (if necessary)

What are the fees for opening a store on eBay?

The following are some of the fees that eBay will incur:

1. When creating a listing, an insertion fee will be charged

2. When the product is sold, a final value fee will be charged

3. If you subscribe to an eBay store (Store subscription), a subscription fee will be charged

4. You also need to pay the corresponding fees for using eBay's Promotedlisting advertising service

Next, let’s take a closer look at the above cost details.

1. Listing Fee

Taking the US site as an example, eBay US site charges sellers a listing fee, which varies according to the category. If the same listing is posted in two different product categories, the seller needs to pay the product listing fee twice. Each seller can post 50 listings to the seller's store for free each month. Before confirming the listing, you can check the fee description of the listing.

In addition, when you list a product, you can choose some features, such as bold font, second category, subtitle, 1-day or 3-day auction duration, reserve price, etc. When you choose the above upgraded features, you will need to pay extra for the feature.

2. Final value fee

When your product is sold, eBay will charge you a final value fee (Final value fee). Final value fee is charged based on a certain percentage of the total amount paid by the buyer, including product fees and shipping and handling fees. Please note that if your account performs poorly and falls into the belowstandard level, your final value fee will increase by 4%.

3. Order store fees

You can order an eBay store on eBay. The related ordering fees and benefits of the store vary depending on the type of store.

eBay US site provides 5 different types of stores: Starter, Basic, Premium, Anchor and Enterprise. When you place your first order, you need to choose between a monthly subscription or an annual subscription. No matter which method you choose, eBay will charge you a monthly subscription fee.

The charging standards for listing fees, number of free listings, transaction fees, and listing upgrade function fees for stores of different levels.

4. Advertising service fees for using Promotedlisting

You can choose to use eBay promoted listings advertising service to give your products more exposure opportunities. Promoted listings can have the opportunity to push your products to more potential buyers, and you only need to pay advertising fees for those products that are sold through promoted listings ads. This fee can be set by you (usually starting at 1% of the product price). The above is a detailed description of the process of opening an eBay store, the materials required and the related fees.

This is the end of this issue about opening a store on eBay. If you want to get more knowledge about eBay, please pay attention and we will continue to answer your questions~