Ebay or Amazon? Which is Better for Making Money Online?

video May 06, 2019

When it comes to selling online there are no shortages of platforms to use. Should you use them all, some or just one? You can make money with them all but which one is the best for YOU? We are going to discuss the difference between selling on ebay and Amazon and  what we have found as the pros and cons to both. 

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Our experiences with Ebay

Pros

  • Sell anything in any condition
  • Control over pictures, listings, descriptions, price shipping
  • Used, new custom, vintage
  • Easy to source products for this platform (used items are abundant)
  • Inexpensive to start...you can start in your house

Cons

  • Individual product listings
  • Storage of inventory
  • Photo, descriptions for each individual item
  • Shipping each item
  • Customer base expects a bargain
  • Sales price is often lower
  • No automation
  • Physical inventory based business
  • Scalability is limited by time and space (for one off items, vintage, used ect)
  • Dealing with customers, no-paying bidders and refunds
  • Payment processing system

 

Amazon

Pros

  • New, some used and Custom products
  • Access to billions of shoppers daily (no traffic driving necessary)
  • Ability to store and ship items via fulfillment centers
  • Scalable
  • Hands-off business model
  • Branding options
  • Two-day shipping for customers
  • Customer service provided
  • Payment processing provided

 

Cons

  • Higher fees (due to all the services provided)
  • Problems with seller customer support
  • Competition level
  • Restricted brand, categories and products
  • IP and IA claims
  • Suspension issues
  • Storage and shipment costs
  • Finding high quality products to sell takes longer

 

Why we use both and for what reasons

Amazon

  • More money faster
  • Less time consuming
  • Hands-off model
  • Easy of listing process
  • More high quality customers
  • All the other “pros” listed

 

 Show Links/Details:

FREE DOWNLOAD - Roadmap to your first bundle - http://www.mommyincome.com/roadmap

Our Best Selling Course: Mommy Income’s Wholesale Bundle System. Visit https://www.mommyIncome.com/system

Join our Private Facebook Group http://www.mommyincome.com/joinus bring the code word #ebayvsamazon

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Want to Learn More? Buy Inventory Without Losing Money Are you afraid of losing money when you purchase inventory? With our Smart Sourcing Guide, you can learn how to make the best buying decisions that reduce your risk and help you get the best ROI possible. Learn our step-by-step process for sourcing products the right way! Download your Smart Sourcing Guide at https://www.mommyIncome.com/smart.

Jumpstart Your Amazon Business Today! Are you ready to jumpstart your Amazon business but don’t know how? We can guide you step by step through easy-to-understand video instructions for your Amazon business must-haves. We’ve got everything you need in one place -- from setting up your Amazon account to shipping your items to Amazon fulfillment centers. Go to https://www.startFBAtoday.com to start your exciting Amazon journey.

Discover the Ease & Simplicity of the Wholesale Bundling System Don’t know where to start in your wholesale bundling Amazon business? We teach a lot of different strategies for searching wholesale bundles and creating your own unique bundles. Learn the A to Z of Amazon wholesale bundling through Mommy Income’s Wholesale Bundle System. Visit https://www.mommyIncome.com/system for more information.

 How we YouTube:

Web Cam: https://amzn.to/2GUwPd7
Microphone for YT/FB Lives: https://amzn.to/2LuAPa2
Light for YT/FB Live Videos: https://amzn.to/2H07cc0
How we Amazon: Printer for FBA labels: https://amzn.to/2LndxCT
Printer for Shipping Labels: https://amzn.to/2LkX02k
Dymo Labels: https://amzn.to/2PJGB5T
Hand Cart/Dolly 8-in-1: https://amzn.to/2VAcNhF
“This is a Set” Labels: https://amzn.to/2V0g8Sy
Shipping Scale: https://amzn.to/2TosRin
Bluetooth Scanner for Thrifting/RA: https://amzn.to/2SoLPUG

Tools we can’t live without:
Our prep center: https://www.myprepcenter.com
Keyword Research Tool: https://www.mommyincome.com/merchantw... Inventory Lab: https://www.momyincome.com/inventorylab

 

 

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