Which Do You Make More Money On Amazon Or Ebay
As someone who talks about reselling all the time, I often get the question "is Ebay or Amazon better?" Telling people if selling on eBay vs amazon isn't an piece of cake question to answer rapidly, I hope that this post volition assistance you decide which will work best for you.
Personally, I've been selling online on eBay for nearly 20 years (Wow that makes me old. I started in loftier school.) and I as well accept spent some years selling on Amazon off and on. I know a fleck most both selling on eBay and selling on Amazon, so I'll break that downwards for you beneath.
Get-go I wanted to share some interesting facts about Ebay and Amazon that yous might find helpful while you're deciding as well.
Who sells more than: Ebay or Amazon?
In Quarter 3 of 2020, Ebay's sales totaled $9.79 billion (up from $7.33 billion in Q3 of 2019)
In Quarter 3 of 2020, Amazon's sales totaled $96.15 billion (up from $69.98 billion in Q3 of 2019)
Those are some massive differences, don't you call back? Now, while you think this might scream "sell on Amazon!" that'due south not what I'm trying to do hither. But it is of import to consider that Amazon has quickly surpassed Ebay as far as sales.
Since I also have quite a following of other resellers on my @hustleandslow Instagram, I thought I'd enquire them their opinions. Here'due south what I found:
While more people (who follow me on Instagram) prefer to sell on eBay, most people prefer to shop on Amazon. I constitute this extremely interesting and is something you should consider too. While many people are probable trying to support the platform they sell on, they detect a unlike platform more than appealing.
At present permit'south get started so you can decide… is ebay or amazon improve?
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What can yous sell on Ebay vs Amazon?
One of the well-nigh of import factors you need to consider when deciding if you desire to sell on Amazon or eBay is what you're selling. Amazon is a pickier most what you can sell on their website and the condition of the items you're selling. Ebay is much less restrictive.
The simplest manner to put this is:
If you're planning on selling a make new item with a barcode yous can probably sell it on Amazon.
If you lot're planning on selling something used or that doesn't have a barcode, you lot should probably go with Ebay.
This obviously doesn't work across the board, but it's a pretty expert identify to start.
On Ebay pretty much anything goes, unless it falls under their listing of prohibited and restricted items. The list includes things similar alcohol, used cosmetics, and a few dozen other items that either aren't allowed or take certain restrictions. Many resellers sell used clothing that they source from thrift stores or one thousand sales which is fine on Ebay.
On Amazon, it's a little more complicated. In general, brand new items with barcodes are skillful unless they're on their restricted products list. This includes animals, explosives, etc. As far every bit used items go, Amazon allows many items that are used, just one matter to consider is that Amazon doesn't allow used wear.
Nonetheless, things similar used books, electronics, etc. in skillful condition are fine to sell on Amazon every bit long as they fit inside Amazon'south condition standards. Ane other important affair to note is that there are many brands and categories that are "gated" on Amazon. This means that you lot're restricted from selling in in that location unless you get a certain type of blessing.
>> Want to sign upward for my gratis Ebay training for complete beginners? Click here!
What are the fees for selling on Ebay vs Amazon?
The fees vary, so the all-time matter to do is to wait at Ebay and Amazon's fee structures to find the information you need. However, I volition yet outline the nuts below so you tin get an idea.
Ebay Fees
Insertion fee
This is the fee that you lot pay for listing your item on ebay, regardless of if it sells or not. Equally of the fourth dimension of this mail service, Ebay provides sellers with 200 free insertion fees and then afterward that it'south .35 per list. If you have an ebay subscription, you lot volition likely get more with your account depending on the subscription level.
Terminal Value Fee
The Concluding Value Fee (FVF) is going the more than significant fee because information technology's based on a percentage of your auction. Equally stated by Ebay, it's the "total amount of the sale is the entire corporeality the buyer pays, including any handling charges, the aircraft service the buyer selects, sales tax, and whatsoever other applicable fees."
For nigh people, the concluding value fee is 12.35%. Nonetheless, there are certain categories with different fees. Too, you lot may also take reduced fees if you have an eBay shop subscription depending on which level.
Shop Subscription
When selling on ebay, you can just sell with a regular business relationship. Still, some people make up one's mind to upgrade to a store subscription for a few reasons. Some perks of having a store subscription are that your items are able to exist seen and categorized in a store format. Without a store, people volition just meet a list of your items. Additionally, having a store subscription usually reduces your fees so it can be worth information technology in that sense. The shop subscription fees range for $4.95 for a Starter store to $2,999.95 for an Enterprise subscription. About people notice that a Starter, Bones, or Premium shop subscription works just fine.
Amazon Fees
Selling Plans
Amazon offers two selling plans that apply to each detail you sell. On the individual plan, you pay .99/item sold. With their professional plan, you're charged $39.99 per month for unlimited items. Which plan you should get actually simply depends on how many items per calendar month y'all're planning on selling. If you're planning on selling nether twoscore, stay on the individual plan. If you're planning on selling more 40, upgrade to the professional person plan.
Referral Fees
These fees are based on unlike categories and are the fees yous pay based on the price of the items you sell. Most of them seem to range in the 8% to 15% range, but it greatly varies based on the category. Some popular categories include:
- Books: xv% + $i.eighty closing fee
- Clothing & Accessories: 17%
- Grocery & Gourmet Food: 8% for products with a sales price of $15 or less, 15% for products with a sales cost of over $xv
- Health & Personal Care: Grocery & Gourmet Food: 8% for products with a sales price of $10 or less, 15% for products with a sales price of over $10
- Toys & Games: 15%
FBA Fees
One of the best things most selling on Amazon is that yous can sell your items via Fulfillment by Amazon (FBA). This means that you ship all of your items to an Amazon warehouse where they store the detail until it'south sold and then ship it for you.
However, equally I'm sure you expected, at that place are additional fees that proceed with it. When selling your items via Amazon FBA, you lot'll have to pay fulfillment fees which encompass picking and packing your orders, shipping, customer service, and product returns. These fees are based on the weight and dimension of your product. This ways smaller, lighter products volition have lower fees and bigger, heavier products volition have college fees.
Storage Fees
The last of the Amazon fees is the FBA storage fee. This is charged on a monthly basis and is based on the average volume of space your inventory occupies at the Amazon fulfillment centers. For instance, for standard sized items between January and September, you'll pay $0.75 per cubic human foot, but that raises to $two.40 per cubic foot in October through December when the holiday rush is in full swing and space in the fulfillment centers is more limited.
Is it easier to sell on Amazon or Ebay?
When you sell on ebay, you source items, take photos, create the listings, and and so ship out the items when they sell. The whole procedure is in your hands. In my stance, what makes ebay easy is that it's all in your hands and no one else is involved. Plus, I recall information technology's easier to source items for Ebay.
>> Want to sign up for my gratuitous Ebay training for complete beginners? Click here!
When yous sell on Amazon, y'all source items, list your items on Amazon's existing listings (no photos needed) and and then ship items when they sell OR send items to FBA if that'due south the road yous want to take. What makes Amazon easy is that sourcing tin can consist of scanning items when yous're in the store to see what they're selling for on Amazon. You don't have to take photos or fill in that much info when you lot list the item because Amazon more often than not already has a listing upwards that yous just add your item to.
What'south "like shooting fish in a barrel" will depend on your situation and what you think is easier for yous.
Is it easier to send on Ebay or Amazon?
When selling on Amazon, you take two different means that you tin sell. If you make up one's mind to sell via Fulfillment by Amazon (FBA), y'all will transport the items to Amazon to hold and ship to your customer when it sells. So you volition have to pack up all of your inventory and ship it to Amazon all at once, rather than having to transport items individually to customers. Many sellers like FBA for this reason. They don't have to store inventory or spend a lot of time shipping dozens of packages.
Alternatively, if you exercise merchant fulfilled (MF), you can list items on Amazon and send order to customers yourself. Amazon makes this relatively easy because when you listing the particular it volition allow you to select the shipping methods yous want to offering forth with what they volition be charging the client. Once an item sells, you can just become into Amazon to print aircraft. Or if you'd adopt to go with your own aircraft methods, you tin can simply input the tracking number.
Aircraft on Ebay is up to you, there is no way to ship items for Ebay to fulfill for you. When yous set up your listings, yous tin can choose to either accuse flat rate shipping (yous determine the cost regardless of weight/size/etc) or calculated shipping which is where y'all provide the weight and size of the item along with the shipping methods you want to offering and Ebay will summate a shipping price for your customers. Once the item sells, your customer will select a shipping method and it's upwardly to you lot to transport information technology using the method your customer selected. This can exist done directly in the Ebay website or you tin can practise it on your ain and just enter tracking data to confirm the item has been shipped.
Ultimately, neither Ebay or Amazon is really "easier" unless you lot consider shipping all of your items to Amazon FBA easier because you'll have to send less packages out. When it comes to fulfilling orders yourself, Amazon may be a bit easier because you don't accept as many options to sort through but it'southward really non that big of a difference.
Pros and Cons of Ebay vs Amazon
Amazon Pros
- More convenient for shoppers (people prefer to shop on Amazon)
- Time efficient considering you don't need to take photos or brand a brand new listing
- If you use FBA, you don't have to ship the items out individually yourself
Amazon Cons
- Fees are mostly higher (especially with FBA)
- Harder to stand up out – whoever has the cheapest toll get the "purchase box"
- You lot're competing with bigger companies (like Amazon themselves)
- Can be harder to find items to sell on Amazon
Ebay Pros
- Less restrictive
- In more than control of your own account/business
- Easier to notice stuff to sell
- Lower fees
Ebay Cons
- It'due south more than fourth dimension consuming to make listings on Ebay
- You have to take your own photos
- Less shoppers than on Amazon
My personal stance
If you want to buy items from thrift stores and chiliad sales and exist more in control of your business stick with Ebay. It's a great side hustle that you tin can do in your spare fourth dimension and even grow to a total time business if you lot do information technology well.
If you want to source brand new items to send to Amazon for them to ship for yous, go with Amazon. Amazon is also the "easier" one to scale to a million dollars if that'south something you're going for.
BUT I think you should attempt both! I e'er say that everyone should have multiple streams of income in case ane disappears. Outset with one, go it going potent, so try the other.
Read next: How to start a reselling business
Source: https://www.hustleandslow.com/selling-on-ebay-vs-amazon-which-is-better-in-2021/
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