Ebay is a good place to start with. You could get a fair idea of how the ecommerce business operates. It would be helpful when you go big n start your own online shop. I do sell used gadgets on ebay occasionally and never got a negative feedback.
Ebay charges 6.6% on your listing price. (Paisapay 5.5% + 1.1% ebay charges).
Completely agree with Rajadeep. All you have to do is get a comparison of prices of phones across various sites. Ebay prices (for Manf warranty products) will generally not be the lowest. That is due to the fact that you have to pay Ebay almost 6%. Plus let us not forget the Listing fees. To get eyeball, you need to put up more than one listing. In Bold, Standout, etc. Costs bucks.
Ebay is a decent platform for low price high margin products or for products not generally found in big stores for cheap.
Like Big Boss said, smartphone and tablet accessories have a huge market, plus great volumes and good margins. Especially for products not available by the bulk. For example, I bought a silicone case for Samsung Y Duos Lite for 60 bucks in a wholesale market the other day, while it retails for about 120-150 on Ebay. So its a great profit. Plus since the phone sells a lot, u might get good volumes too.
Check THIS.
What you can do is try out Ebay as a seller without opening a shop. Get your near and dear to order accessories and simpler stuff through your listing. Do simple listings without any add-ons and the listing cost would be about 3-4 bucks for 30 days. Get a good reputation on and only then open a shop. Having a shop needs you to pay shop fees regularly. Don't waste that straightaway. Start off selling simpler things directly without a shop.
Its 4.95% for Paisapay service. And listing fee is different for different items. Listing for GSM phones is 1% + 10% tax on it which mean 1.1% while I believe CDMA phones are taxed differently, not sure on CDMA handsets. Apple iPods listing fee is 2.2%(2% + 10% tax on it). I don't know about accessories but I guess it would be 1% for them too.
Ebay does not collect commission on Shipping charges. That is why most sellers divert some costs towards Shipping. Why would it cost a seller 100 bucks for shipping a memory card when he can send by Speed Post for 39 bucks to anyplace? Or DTDC for 50? Its because, he sells the product at minimal profit and collects his profit from the shipping charges.
They have changed the policy on this. I am not totally sure but I think now you pay taxes for selling price+shipping instead of just selling shipping. I haven't calculated thoroughly but I believe it is that way.
right. i remember the times when sellers priced their products at 1 dollar but charged for it through shipping to get around ebay charges. i guess ebay took care of that workaround?
Yes they did. They have fixed shipping charges for specific item. For example you can't charge 200 for shipping an iPod even if it is iPod classic, which is on the heavier side. I suppose maximum amount you can charge to ship iPod is 115. This means lighter items might have even lower limits.
Now they automatically give a 5 Star rating in the shipping category for sellers that give free shipping.
Yes and some sellers are exploiting this service pretty badly.
Ebay charges 6.6% on your listing price. (Paisapay 5.5% + 1.1% ebay charges).
Completely agree with Rajadeep. All you have to do is get a comparison of prices of phones across various sites. Ebay prices (for Manf warranty products) will generally not be the lowest. That is due to the fact that you have to pay Ebay almost 6%. Plus let us not forget the Listing fees. To get eyeball, you need to put up more than one listing. In Bold, Standout, etc. Costs bucks.
Ebay is a decent platform for low price high margin products or for products not generally found in big stores for cheap.
Like Big Boss said, smartphone and tablet accessories have a huge market, plus great volumes and good margins. Especially for products not available by the bulk. For example, I bought a silicone case for Samsung Y Duos Lite for 60 bucks in a wholesale market the other day, while it retails for about 120-150 on Ebay. So its a great profit. Plus since the phone sells a lot, u might get good volumes too.
Check THIS.
What you can do is try out Ebay as a seller without opening a shop. Get your near and dear to order accessories and simpler stuff through your listing. Do simple listings without any add-ons and the listing cost would be about 3-4 bucks for 30 days. Get a good reputation on and only then open a shop. Having a shop needs you to pay shop fees regularly. Don't waste that straightaway. Start off selling simpler things directly without a shop.
Its 4.95% for Paisapay service. And listing fee is different for different items. Listing for GSM phones is 1% + 10% tax on it which mean 1.1% while I believe CDMA phones are taxed differently, not sure on CDMA handsets. Apple iPods listing fee is 2.2%(2% + 10% tax on it). I don't know about accessories but I guess it would be 1% for them too.
Ebay does not collect commission on Shipping charges. That is why most sellers divert some costs towards Shipping. Why would it cost a seller 100 bucks for shipping a memory card when he can send by Speed Post for 39 bucks to anyplace? Or DTDC for 50? Its because, he sells the product at minimal profit and collects his profit from the shipping charges.
They have changed the policy on this. I am not totally sure but I think now you pay taxes for selling price+shipping instead of just selling shipping. I haven't calculated thoroughly but I believe it is that way.
right. i remember the times when sellers priced their products at 1 dollar but charged for it through shipping to get around ebay charges. i guess ebay took care of that workaround?
Yes they did. They have fixed shipping charges for specific item. For example you can't charge 200 for shipping an iPod even if it is iPod classic, which is on the heavier side. I suppose maximum amount you can charge to ship iPod is 115. This means lighter items might have even lower limits.
Now they automatically give a 5 Star rating in the shipping category for sellers that give free shipping.
Yes and some sellers are exploiting this service pretty badly.