How is it to open a store on eBay now? What are the prospects?

When it comes to eBay, many people's impression of it comes from the news about Jack Ma and eBay competing for the domestic market. Later, as Taobao gradually grew, eBay's market also shrank. So, now some people are asking about opening a store on eBay. What is it like if you really open a store? Let's talk about it below.

What are the prospects?

Since eBay has withdrawn from the Chinese market, its current buyers are basically in the United States and Europe. The threshold for opening a store is not high, but there are still many procedures required. The platform tends to favor buyers, so the quality of the products sold on it must be guaranteed. If a complaint is encountered, it will be very troublesome.

There is no charge for opening a store, but there is a charge for listing. The number of products cannot exceed 10 in the early stage. The review and order cycle is long, and you need to accumulate credibility. eBay requires product selection, simple operation, and low investment. It is suitable for merchants with foreign trade resources. Moreover, its platform has been established for a long time, so many low-value products are in the hands of big sellers, and many buyers are doing large overseas warehouses.

If you need to do foreign trade and your clients are mainly from Europe and America, then you can consider it. However, eBay does not have communication tools, so the communication and response between buyers and sellers is very time-consuming. If it is a cross-border transaction, it basically takes about a month.

The following is a summary of some FAQ questions about eBay, which you can use as a reference.

1. What are the fees for opening a store on eBay?

First of all, there are three types of stores: basic stores, advanced stores, and super stores. The fees for different levels are naturally different. Sellers need to pay basic and optional fees. The basic fees include listing fees, transaction fees, and PayPal fees. The optional fees are mainly subscription stores, function upgrades, and advertising fees.

2. Are there any restrictions on opening an account for eBay China sellers?

That's true.

3. How to apply for thousands of published accounts?

A new account will not have so many at the beginning, so you need to check the performance of the account.

4. I registered a new account on eBay, changed all the information, and bound it to Visa. Can I list products there?

It’s better to change it and not post the product.

5. Is there any threshold for registering on eBay?

There are no restrictions on registration, as long as you have a business license, office space, and an international payment account.

Therefore, whether merchants are considering doing business on eBay, they should consider issues such as cost and shipping, and it is not too late to make a decision after confirming your buyer group and scope. One of the more troublesome things about eBay is that it is not very convenient to communicate with customers, and there is no tool like Taobao that directly links to buyers.

If the merchant's customers are overseas users and the market is relatively stable, you can consider doing business on eBay. Of course, you can also compare several platforms to see the advantages and disadvantages of each platform, and choose one based on your product features and costs.

Recommended reading:

How to open a store on eBay? Does it cost money to open a store on eBay?

How much does it cost to open a cross-border e-commerce store (summary of the opening costs of AliExpress, Wish, eBay, and Shopee)

What is the process of opening a store on eBay? What conditions are required?