The online market offers people multiple opportunities to generate incomes for companies and entrepreneurs who decide to take benefit of digital commerce. Selling goods through an online platform is one of the ways to make a profit without the need for extensive business infrastructure. Also, you can easily reach a large audience that is using online platforms for shopping.
Selling on eBay and Amazon are two options for selling products online as both the platforms provide sellers different features for making business online and offer products to customers.
Pros and Cons of Selling on Amazon:-
Amazon offers a vast market globally, and it is one of the best places for selling products online.
Pros:
The benefits offered by Amazon are that you can reach the mass of audiences that buy products from Amazon, less investment in digital marketing, easy setup for a start selling on the portal, and you can sell any products on Amazon.
1. Deals with Logistics
The main benefit of selling on Amazon is not to worry about logistics. After selling products, Amazon takes all the responsibility from packaging to shipping the product and manages the after-sale service and returns. It means that seller doesn’t bear any cost for transport or logistics so they can easily focus on all their efforts on promoting its store and ways to increase its sales. Amazon charges a commission for each sale, and users receive the payment directly in their bank account, so there is no requirement for any logistic work.
2. Trust
Amazon is famous throughout the world as it is the most reliable portal for online shopping. The users are secure while shopping from Amazon, both in terms of using bank details and the minimum quality demanded of products offered on this platform.
Cons:
Now also consider some disadvantages for sellers who select the Amazon platform for selling products.
- The commission rate is different according to products and can sometimes be relatively high that directly influencing seller’s profit margins.
- Amazon is quite a popular shopping portal among buyers globally as it contains a large number of sellers. So there is tremendous competition to sell on Amazon; for making your stand, you need to put effort through digital marketing and add value for customers to achieve sales.
Pros and Cons of Selling on eBay:
Understanding the advantages and disadvantages of selling eBay products will help you choose whether the platform is a good option for you or not.
Pros:
Selling on eBay provides sellers a series of benefits over other online portals. The main use of selling on eBay is:
1. Sell any products
There are not any limitations on selling products on eBay. The users will discover pretty many products on the platform. From physical products to digital products, new products to second-hand products, eBay allows you to sell all kinds of things (with limitations, like illegal products, hazardous substances, and many others).
2. Access to a Large Number of Customers
The customers are going to eBay to buy products, compare them and purchase and bid on them. It is one of the portals with the most significant number of users globally and users who intend to buy the products.
Selling on eBay platforms provides you the opportunity to allow all these people who are using this platform for online shopping. When you upload any products on eBay, buyers will brow for that product or similar; it is a straightforward approach to achieve sales than through ecommerce or any other platform.
Cons:Â Â
However there are many advantages to selling on eBay, there are also some downsides that sellers keep in mind:
- The commission and fees for selling on eBay are pretty high than other portals, and ultimately it reduces the profit for sellers.
- You can only personalize your product listing according to eBay templates that prevent you from producing product description that adds value for the customer.
Conclusion:
Amazon and eBay are the two massive marketplaces globally, as their number of monthly users is enormous. Using this portal for online business is an excellent choice for selling products online. Still, it is also crucial to understand the advantage and disadvantages for each of them, to decide whether they meet their needs as a seller.
If you want to make your products online on best marketplaces then, visit our latest blogs which helps you to know about how to sell on Amazon, Flipkart, Limeroad, Pepperfry, Paytm, Voonik, Snapdeal
