How much does it cost to open a store on eBay? How can I make a profit quickly?

How much does it cost to open a store on eBay? How can I make a profit quickly?

eBay is a well-known e-commerce website with a large number of loyal customers and fans. It has a wide variety of products and very attractive prices. There are also many merchants who come here to open stores. So, how much does it cost to open a store here?

1. How much does it cost to open a store?

The cost of opening a store on eBay includes basic fees and optional fees.

Basic Fee:

1. If your listing exceeds the number of free items in the store, eBay will charge a fee of $0.30 per item.

2. PayPal fees will be charged based on store sales.

3. After the transaction is completed, a transaction fee will be charged, including product and logistics costs.

Optional Fees:

1. The cost of subscribing to a store. Different levels of stores have different charging standards, and the monthly and annual charges will be different.

2. Fees incurred by users for upgrading certain released functions or special functions.

3. Eachnet's paid promotion service fees.

2. How to make profits quickly?

01Title Keywords

Whether the item description uses the most accurate words, adopts different titles to observe market feedback, and caters to more buyers with different behavioral habits.

You may wish to study the keywords that are commonly used by the sold items and the more successful sellers to accurately describe the items, and pay attention to the combination order of these keywords. The item title is limited to 54 characters, so when you list your limited number of items, you may wish to use different keywords and keyword combinations to try which title has the highest chance of being searched.

In addition, if a buyer asks a question about your item, you might as well write down the key words in the question. If some items are not in demand, you might as well add these words.

02Does the product image have a visual impact?

You can try different picture effects. This is very important because pictures are the most intuitive way for buyers to understand your items. It is best to edit the pictures with PS after taking them, but don't do it too hard, otherwise it will look too fake. It is best to find a foreign picture server to store pictures. There are now free picture storage websites, and you can also find some semi-professional photographers to take pictures.

Do all pictures of items have to be the same? You can try 2-3 groups of pictures, and choose different angles, different product features, etc. This will not cause visual fatigue to buyers, and you can also know which group of pictures is more eye-catching for buyers.

03Choose a favorable time to publish items

Keep items online for a reasonable duration. Do not upload all items at one time.

By studying and summarizing the time period when the items are sold the most, you can divide this time period into half an hour or an hour, and publish your items in different time periods. If your item is in a very popular category, it is recommended that you try to choose 3-5 days. Although the online time is short, according to eBay's sorting rules, the shorter the time between the auction items being offline, the higher they will be ranked, so your items can appear in the first few pages of search results.

After doing eBay for a long time, you will find some patterns, such as business is slower on Mondays and Tuesdays, better from Wednesday onwards, better on Fridays and Saturdays, and better on Sunday evenings in the US. You can adjust the number of items posted based on these patterns, such as posting fewer items on Mondays and Tuesdays and more items on Fridays and Saturdays.

04Set competitive item prices

Don't use the same pricing strategy for all your items. Through research you've gotten a rough idea of ​​the price range you can set for your items, but make sure it's competitive of course.

On eBay, the price is divided into two parts: item price + shipping. A starting price that is low enough will certainly attract more buyers to bid, but it is recommended that you do not lose money at the beginning to gain publicity. You can try to adjust different starting price + shipping combinations, such as setting a low starting price + shipping (but do not violate the shipping restriction policy), or setting a high starting price + free shipping to meet the needs of different buyers.

The cost of opening a store on eBay is not high, but it still costs a certain amount to run a store well, and the key is that the cost of advertising is relatively high. In addition to advertising promotion, store optimization is also very important, and you should pay attention to setting competitive prices.

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