eBay store opening | What you need to know before doing eBay

1. Online Time

eBay was founded on September 4, 1995 by Pierre Omidyar as Auctionweb in San Jose, California.

2. Features

1. Price

eBay registration is free, but listing a product requires a listing fee, and the minimum commission is 5%. The threshold for opening a store on eBay is relatively low, but it requires more things and procedures, such as invoices and bank statements, so you need to have a very clear understanding of eBay's rules.

2. Market

eBay's core markets are the United States and Europe, which are relatively mature markets. Therefore, it is best to do a market research before doing eBay. We can generally do research through the following methods: enter eBay to study the overall market situation, and conduct in-depth analysis based on the characteristics of our own supply chain. Research the culture, population, consumption habits, and consumption levels of the American and European markets, and then choose potential products for eBay. Select some of eBay's best-selling products, carefully study the product channels and product prices, and analyze where your advantages are if you do it. For advantageous best-selling products, we should study the market advantages and future sales potential. This is the most important thing, because once you invest energy and capital, we need to consider a long-term cycle when choosing a product. Consider the profit margin and sustainability of products in the American and European markets, and conduct in-depth research on product categories.

3. Operation

eBay is relatively simple to operate, and is basically equivalent to Taobao in China. The review cycle of eBay is very long. At the beginning, you can't list more than 10 products, and you can only auction them. You need to accumulate reputation to sell more and more. In addition, the performance and order cycle is also very long. Sometimes the accumulation time is unbearable, so you can only accumulate slowly. If you encounter complaints, it is the most troublesome, and it is common for the store to be closed, so the quality must be up to standard.

Conclusion

Production factories are suitable for eBay, and the threshold is relatively high because the market and customer groups are different. One serious problem with eBay is that eBay's rules are seriously biased towards buyers. If the product, especially after the sale, has serious problems, it is easy to have problems. The most core issue for doing eBay should be the choice of payment method. People now generally choose PayPal as the payment method, but this payment method also has certain risks, especially for eBay, because it is particularly biased towards buyers. There are often such actual cases that when encountering a sale dispute, it is ultimately biased towards the buyer, and the seller suffers heavy losses.

As people in the cross-border circle, we need to take into account a variety of skills such as operation, product selection, traffic diversion, logistics, etc. We must understand each one and none of them can be missing. In this process, we have to step on many pitfalls and use a variety of tools to improve efficiency. As long as you have money and find a reliable service provider, you can open a store. For sellers, time is especially precious and there are many things to deal with.

So I will summarize some tools that can improve efficiency. I will take the platform sellers who open Amazon stores as an example:

If you are a factory and need to open many stores, you can use Zi Niao Browser to operate it, and you can also avoid the stores being linked. Zi Niao Browser provides sellers with a safe and stable login environment, fixed IP operation, solves the problem of browser fingerprint recording, and allows login operations on the same computer.

Need to select products? Or operate? You can buy a JungleScout plug-in to solve the problem perfectly. JungleScout's solution covers seller selection, competitor tracking, market trend analysis, keyword search and reverse query, listing optimization, off-site traffic, email marketing, store profit analysis, PPC advertising optimization, supplier search and management, etc. From product selection to operation, everything is arranged for you!

Need to receive money? Use Airwallex to bind Amazon payment, and the fee withdrawal rate can be as low as 0. Currently, Airwallex's cross-border withdrawals can be credited to the account on the same day at the fastest, and the activation account can receive a subsidy of up to 1,000 yuan. Using this tool to receive money can make your funds return faster and can solve the problem of too high fees. Airwalex payment account registration entrance: https://channel.airwallex.com/2022q1a?utm_source=a116F00000FNBqIQAX