With technology rapidly changing in recent years, a massive transformation has also occurred in the eCommerce industry. Many consumers have changed their buying habits, causing a massive shift in online shopping. The recent pandemic has also contributed to this big shift. Two of the biggest online marketplaces in the U.S., Amazon and eBay, have been the beneficiary of this transformation. As a seller, choosing between Amazon vs eBay is important if you want to maximize the potential profits.
Amazon vs eBay: Which one should you choose?
As a third-party seller, it is prudent to research where you want to sell your goods. While Amazon is considered the largest online marketplace for retailers, eBay makes a case when it comes to wholesale selling.
While there are many major differences between the two, they are both great marketplaces where you can make money. Below are some of the factors that you should consider in choosing between Amazon vs eBay:
Customer Trust Rating
While both platforms have been around since the 1990s, Amazon has been by far the more trusted company between the two. Now, it doesn’t mean that eBay isn’t trustworthy at all. However, Amazon offers more perks that make their customers extremely happy and satisfied. Amazon Prime with its free shipping and one-day delivery is just hard to beat. As a seller, Amazon will give you a much higher variance and quality of customers.
Fulfillment Options
When it comes to fulfillment, there are key differences between Amazon vs eBay. On eBay, the sellers provide the packing, shipping, and delivery services by themselves. If you are a one-man team, selling on eBay will be quite difficult to handle, especially when you are swamped with orders. On the other hand, Amazon offers an FBA (fulfillment by Amazon) service to help sellers lighten their load. If you don’t want to deal with the fulfillment of orders, using Amazon’s infrastructure through FBA is a great option. This is something that eBay doesn’t have.
Seller Fees
Generally, selling on eBay is much cheaper than selling on Amazon. The seller fees on eBay are not as high as the seller fees on Amazon. And if you are just starting out as a seller and you want to save money, this can be a game-changer.
Bidding Option
On eBay, you can open auctions for your items. You can set a minimum bid that you are willing to accept. You can also let the auction run for a fixed amount of time. If you are selling an item that is very high in demand, selling it on eBay can be a better option. Since customers will try to outbid each other, you can make more money if a bidding war goes on. This option is something that Amazon doesn’t have.
However, there are certain things that you need to know when it comes to eBay auctions. First of all, you don’t have control over the final price of the product. While you can set a minimum bid you are willing to accept, if only a few bidders join your auction, you’ll end up getting a lower price compared to just actually listing the product with a Buy it Now price.
When To Choose Amazon vs eBay?
If you want to use dropshipping and Amazon fulfillment services, then selling on Amazon is your best bet. During peak seasons such as Black Friday and Christmas, orders can really pile up. Being able to use Amazon’s infrastructure and networks can really take a big load off of your back.
However, if you plan to sell second-hand goods or auction your items off, then eBay is hands-down the better choice. However, take note that some customers don’t honor their bids after winning. This can be a big problem, especially if you are handling a lot of items up for bidding.
Zonbase: The Best Tool For Amazon Sellers
If you decide to sell on Amazon, finding the best products to sell should be a big priority. Even before opening your store, you should already invest time in researching the best products to sell. As a seller, access to Amazon software such as Zonbase that can help you perform different tasks is essential. This can be the difference between making money or going bankrupt.
There are a variety of tasks and processes that you need to do as an Amazon seller. Finding the best categories to target, initial product research, and how to make optimized listings are just some of them. While you can do these tasks manually on your own, having a tool that does it with just a few clicks is a game-changer.
Zonbase, voted as the best value and most accurate Amazon tool today, can help you with this dilemma. With 13+ tools to help you make informed decisions, Zonbase is the all-in-one software package that you need.
With Zonbase, you can identify the best products to sell to make huge profits. You can also calculate the estimated revenue of your chosen product with one click of a button. From keyword research to choosing your products, Zonbase can help set you up for success. Check out the power of Zonbase with a free trial today.
