The Global Reach of One of The World’s Biggest Online Marketplace
Shopping habits have changed. More and more people are making the transition from the high street to the high-speed internet to shop. Online shopping brings a whole host of benefits to the consumer. People are able to get exactly what they want to be delivered straight to their front door, sometimes even at a discounted price.
The majority of people already have access to this shopping opportunity thanks to giant shopping sites like eBay that sell everything and deliver practically anywhere.
Those that don’t have access to the internet or choose not to shop online are missing out on the huge variety and scale that the global market can bring.
eBay is one eCommerce site that can help people find a huge variety of products all in one place.
eBay allows users to buy new products, used goods, unique items and a whole lot more. Today it is one of the most important eCommerce sites in the world, beaten only by the eCommerce giant of Amazon.
eBay in Numbers
eBay has over 1.1 billion live listings. This is a huge range of products for customers to choose from. Customers can either search specifically for items or browse product categories one by one. Today there are 25 million sellers from all over the world, some with their own companies and some just trying to get rid of goods that they no longer want.
How to Buy
There are two different ways to make a purchase on eBay. Some sellers prefer to put their items up for a ‘Buy it Now’ price, which is a price that the seller has chosen and is non-negotiable.
The option is for sellers to put an item up for auction. The price may start low, but if people are interested they can place incrementally higher bids against other eager customers.
The maximum bid is always kept a secret; therefore, you don’t have to place the last bid to win, you just have to place the highest one.
The Global Scope
eBay is a prime example of the huge scope of products that are available when shopping online. You can find items from all over the world, and it is the ideal site to find some uncommon items unavailable elsewhere.
eBay is just an example of the growing online market. People around the world are gradually making the transition from shopping on the high street to making their purchases online. With just a few clicks consumers can have any item that they can dream of delivered directly to their front door. No matter the time of day or whether out and about, it is always possible to make a quick purchase.
Over the years eBay has already dramatically changed, starting out at as a simple second-hand auction site and developing into a global giant with billions of products. It is likely that other online retailers will follow in eBay’s footprints.
Take a look at the visual breakdown below and find out more about eBay and how it can work for you in the All You Need To Know About E-commerce Giant article.
5 Common eBay Seller Mistakes
On eBay, there are approximately 3,000 items added for sale every single day and $2,000 worth of transactions take place every single second. Among hundreds of other e-commerce markets, eBay continues to dominate and has built a huge reputation for itself over the last two decades as being the internet’s best e-commerce site.
The eBay team are always improving the shopper experience and the website places a huge amount of care and attention towards both its dedicated buyers and reputable sellers, who keep the website’s wheels in motion.
With an easy-to-use interface and amazing discounts, eBay can accommodate any buyer’s needs.
For sellers, though, things are not always so easy to fathom. It is all too easy to make a fatal mistake on the platform; here are five common ones you should be aware of and avoid at all costs.
1. High Shipping Costs
Hyper-inflated shipping costs are a turn off for most potential bidders. Unfortunately, many sellers think that they can use shipping to make a quick additional profit. Buyers are not stupid, though, and most people know what it costs to ship a package. If you are trying to charge $30 to ship a 5lb package, you are going to upset potential buyers.
2. Ignoring Questions
Customers do not like to be ignored! If you ever get a question on one of your products, you should go out of your way to answer it as soon as possible… and be polite, even if the other person is being rude. Customer service is very important and is just as relevant on eBay as anywhere else.
3. Bad Pictures
You must use at least one picture you have taken yourself on your auction or product, it is very important; over 80% of potential customers will skip your listing if it does not have a good quality picture. Stock images don’t count, customers want real images you have taken yourself, and plenty of them.
4. Bad Product Descriptions
You should include a very accurate and detailed description of your product, even if it’s something very common like a games console. A solid description prevents buyers asking questions as it gives them confidence about what the product is exactly, and leaves no room for ambiguity.
If your product has a minor flaw – such as a scratch – list and exaggerates it. That way, the buyer cannot come back to haunt you with claims of not being told about it.
5. No Returns Policies
Look, we all know that returns are a pain to deal with and no seller wants it to happen. Chances are, though, it will at some point during your selling career. Online purchasing can be quite risky; you can’t see the product before you get it. By having a flat no returns policy, you may lose confidence from your potential customers which will instantly lose a sale you would have otherwise made.
eBay is a complicated platform seller, but you can learn various interesting details about this monolithic marketplace below.