I’ve mentioned it countless times on this blog for a very good reason; as an online seller, you need to diversify your risk and sell on more than just one platform (eBay).
Yes, eBay is a terrific marketplace where you can reach millions of buyers for practically nothing and yes, I do think it’s the no.1 selling platform online, especially for newbie sellers, BUT that doesn’t mean that you can rely on it alone.
I’m sure you’ve all heard countless horror stories of eBay/PayPal accounts being shut down, permanently, and people literally losing their entire business overnight.
Now most of the time with these bans, the seller has done something wrong, despite what they may claim…
But on occasion you can have your account banned for something completely out of your control and if you only sell on eBay, that means an end to your business.
So don’t just assume that this won’t happen to you as you need to be prepared and have a plan if it does.
And while I still do suggest concentrating on eBay alone when you’re just starting out (eBay, Amazon or an Online Store?), once you are up and running, then it’s time to start to look into some other platforms to also sell your products on.
Of course, as well as diversifying your risk, this also means more sales!
After all, it’s common sense that – selling on more platforms = reaching more customers = more sales!
It really is a win-win situation.
So without further ado, let’s take a look at some of the other options out there:
*Actually, now is probably a good time for me to point out that there are no real eBay replacements… it’s almost impossible to match the volume of buyers on eBay and there’s just no point wasting your time listing products on auction sites with no traffic, as you simply won’t sell anything.
So rather than replacements, these are some alternatives that you can use, depending on what niche you’re in, to supplement your eBay business.
Let’s get to it!
Amazon is really the most logical and obvious platform to expand to after you’re successfully up and running on eBay.
In many ways it’s actually a lot simpler than eBay as there are no templates etc. and less rules that you have to familiarise yourself with and overall – it’s just more of a straightforward and automated process.
But due to Amazon’s system of all sellers for a product being shown together under one individual listing, you really do need to be able to offer the lowest price to achieve real success…
Unless of course you are selling your own brand products, as that’s where the real money lies on Amazon. [Read more...]