Has eBay Become TOO COMPETITIVE ?!?! | 3 Tips For Beginners

TL;DR

In this video, the speaker discusses the competitiveness of eBay and shares tips on how to succeed as a seller.

Transcript

what's going on youtube welcome back to my channel my name is sam i'm a full-time six-figure ebay and shopify seller in today's video i'm going to be discussing whether or not ebay is too competitive to start selling on in 2020 i get a lot of comments and a lot of dm saying sam we've seen your videos about how to find hot selling products but isn't... Read More

Key Insights

• 🏛️ Building a brand and specializing in a specific niche can help differentiate your store and attract customers.
• ☠️ The sell-through rate is a useful metric to determine the potential success of a product on eBay.
• 😘 Negotiating with Alibaba suppliers can lead to getting products at a lower price than listed on the website.
• ✋ Maintaining a high feedback rating is crucial for long-term success on eBay.

Questions & Answers

Q: How can I increase my chances of success on eBay as a beginner?

One way is to build a brand and specialize in a specific niche. This makes you appear as a specialist in that category and increases the likelihood of customers buying from you.

Q: What is the sell-through rate and why is it important?

The sell-through rate shows the likelihood of making a sale for a specific product with a particular keyword. It is important to look at this rate to gauge your chances of success for a product on eBay.

Q: Should I only consider products with a sell-through rate above 70?

Ideally, a sell-through rate between 70 to 100 is considered good. However, if you believe in your ability to sell a particular product and it has a lower sell-through rate, you can still consider selling it on your eBay store.

Q: How can I get products at a cheaper price from Alibaba suppliers?

Contact the suppliers directly and negotiate with them. Many suppliers are willing to reduce the listed price on Alibaba's website, especially if they know you're interested in selling their product.

Summary & Key Takeaways

• Building a brand and specializing in a specific niche can increase your chances of success on eBay as a beginner.

• The sell-through rate is an important factor to consider when doing product research on eBay.

• Don't assume that Alibaba's prices are fixed, as you can negotiate with suppliers to get a better price.