As we know right now we are suffering from COVID-19 around the globe with no work or earning.we have been forced to stay at home and work for home. It is fine for those who are already or still employed with their organization or company but it is not the same for those who got fired because of COVID-19 because of it they have no job or work to earn for their families. Some of you might want to earn online sitting at home with pajamas and you can make handsome money from it. So Don’t worry we are here to help you in this with just a small investment you can earn a handsome amount of money while sitting at home working under no one. Today we will be discussing about most famous E-commerce sites in the world where you can become a seller with ease. We will compare both so you can choose from them according to your need and liking.
eBay is a company that many people used a decade ago has fallen out of favor a bit in recent years. However, it first launched in 1995, including PayPal, Kijiji, and StubHub, and had 180 million active buyers as of the first quarter of 2019.
PayPal was taken off from eBay in 2017. The money transfer & payment on the website is enormously profitable for eBay and makes up almost half of the company’s revenue. With a 2.9% + $0.30 fee for each sale, PayPal fees can easily cut into your margins.
But let’s focus on the part of eBay that’s comparable to Amazon the Marketplace. Back in his days, the eBay Marketplace would charge users an insertion fee based on the item’s starting bid, and, when the item sold, a final value fee. Nowadays, every seller on eBay gets a number of free listings. Unfortunately, eBay still charges a final value fee. However, the final value fee calculations have been simplified, and these days, eBay is charging a flat final value fee of 10% of the sale price.
For power sellers, eBay offers subscription packages which, for a monthly fee, give sellers a number of free listings, a lower insertion fee for sellers who go over their allotment, and a less simplified but lower range of final value fees.
Along with the Marketplace, sellers can choose to upgrade their listings (better placement in the search results, more pictures, etc.) or to list their items at a fixed price. Fixed price listings are subject to the same fees as auction listings.
Amazon has an even more complex fee structure as compared to eBay. The company offers two options for sellers either they can list as Individuals or as Professionals. For Individuals, Amazon charges $0.99 per item to list along with a referral fee that ranges from 6%–45% depending on the item’s listing category. And there is a variable closing fee which, for BMDV (books, media, DVD, and video) items, is not variable at all, at a fixed $1.35 per item. Other products are charged according to calculated by the item’s weight. Experienced Sellers can list their items in 20, 30 different categories depending on whether they are selling as Individuals or as Professionals.
Amazon allows those selling products already listed on the site to list their product simply by entering the item’s UPC(Universal Product Code or Barcode & SKU number which is also called labels. This process cuts down on the time a seller needs to prepare a listing because the relevant information has already been input by Amazon employees. Payment is completed by periodic bank transfers to the seller’s account and sellers are protected by Amazon’s Fraud Protection service which 100% secure.
Key Points –
- eBay has made selling on its site easier over the years by implementing a simpler structure for calculating the fee for products sold.
- Amazon’s fee structure is a bit more complicated, having variable referral and closing fees, with the latter being based on the product’s weight.
- Listing on Amazon allows buyers to purchase right from the Amazon website and sellers can even have Amazon fulfill the order if they choose to have it stored at one of the Amazon warehouses.
- eBay offers more customized listings, as well as the ability to have eBay employees put together listings for sellers.
- Getting paid from Amazon as a seller involves having money deposited directly into your bank account, while eBay still uses PayPal for the most part.
Amazon has a few advantages over eBay. For starters, the site does a really good job of making a buyer feel that they are buying directly from Amazon. Seller’s items are listed alongside Amazon’s, purchases can be made using “1-click buying” and, unlike eBay and PayPal, buyers can complete their payment without leaving the Amazon site. With Fulfillment by Amazon, a seller can even have their items stored and shipped directly from Amazon’s warehouses.
Conclusion: As a conclusion, we would say both E-Commerce Sites are better in their own way . You Guys can easily earn more money online then getting paid at the office. Take Your Time & Decide on which one you gonna kick start your better days as a beginner you may face some difficulties but with experience and time, you will be good to go. In the End, Never Lose Hope and wait for your time. Your Time Will Come one day. Thanks!.