HAS AMAZON KILLED EBAY? (My EBAY Selling Experience)

TL;DR
Amazon and eBay have pros and cons; Amazon is stricter, eBay simpler, but Amazon has more potential customers.
Transcript
one of the most common questions i get all the time is sam is selling on amazon better than selling on ebay that's what we're going to be discussing in today's video let's go what's going on people welcome back to my channel if you're new my name is sam and what i do here is break down various different tips and tricks to help you guys make money o... Read More
Key Insights
- 👂 Listing on eBay is simpler with fewer validation requirements compared to Amazon.
- 💄 Amazon is stricter in enforcing rules and regulations, making it challenging for sellers to adhere to guidelines.
- 🥺 eBay attracts bargain hunters with lower-priced items, leading to higher return rates compared to Amazon.
- 👨🔬 Both platforms prioritize sellers willing to pay advertising fees for better visibility in search results.
- 👤 Amazon has more potential customers with around 400 million active users monthly, while eBay has around 200 million.
- 😥 For beginners, eBay may be a better starting point due to its user-friendly interface, with the option to expand to Amazon later.
- 👨💼 Sellers should consider the platform's rules and customer base before choosing between Amazon and eBay for their e-commerce business.
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Questions & Answers
Q: What are the differences in listing products on Amazon and eBay?
Listing on eBay is simpler, requiring less validation, while Amazon demands more information and product codes, with strict validation procedures.
Q: How do Amazon and eBay penalize sellers for violations?
Amazon maintains an account health rating system tracking violations like late deliveries, while eBay has a less strict policy towards violations compared to Amazon.
Q: Why are return rates higher on eBay compared to Amazon?
eBay attracts more bargain hunters looking for cheaper items, leading to higher return rates, while Amazon's higher prices may deter returns from higher-income customers.
Q: How do Amazon and eBay prioritize sellers willing to pay advertising fees?
Both platforms prioritize sellers paying for ads by pushing their listings higher in search results, potentially influencing customer choices based on sponsored listings.
Summary & Key Takeaways
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Listing on eBay is simpler with less validation required, while Amazon demands more information and product codes for validation.
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Both platforms penalize sellers for wrongdoings, with Amazon being more strict in enforcing rules than eBay.
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eBay attracts more bargain hunters with higher return rates, while Amazon prioritizes sellers willing to pay advertising fees for better visibility.
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