5 Alternatives to Selling Fashion Items on eBay
eBay is undeniably an e-commerce powerhouse. It has been one of the largest marketplaces in the world since it first launched in 1995. Through the years, it has allowed thousands of hobbyists to run profitable businesses from the comfort of their homes. All the same, competition on eBay has grown in leaps and bounds putting pressure on the sales generated by sellers. Changes in policy haven’t helped much and have actually prompted an exodus to other more lucrative online marketplaces. That being the case, here are some online selling sites like eBay where you can sell your fashion collection.
Amazon
Amazon started out as an online bookstore. Today, it is one of the largest online stores where you can get practically anything you need. With a catalog of millions of products, there is little wonder why it is one of the most visited websites in the world.
Amazon and eBay are quite similar in that they both have a huge following and have a wide range of products on offer. However, eBay is more of an auction house while Amazon has a more traditional retail setup. If you sell on eBay, you are charged for any listings on the site whether or not you sell. Listing on Amazon are free, but you will be required to pay $0.99 for each item in addition to the commission charged.
Etsy
Started in 2005 as an online community for artists, vintage enthusiasts, and crafters, Etsy has grown into a marketplace with over 26.1 million active buyers. Etsy is an online store specializing in vintage, crafts and handmade goods. It serves a very niche market and is the perfect place for you if you make jewelry, costumes, fashion accessories, gift items, home décor and any other hand-made items.
The difference between eBay and Etsy is that you can sell practically anything on eBay. eBay is largely an auction site while Etsy is a direct sales site. They both charge a listing fee, but Etsy is by far the better deal being much cheaper, and you get to list your items for longer.
Bonanza
This is a fast-growing online marketplace with headquarters in Seattle. Bonanza has over 22 million items for sale ranging from taxidermy alligators to Godzilla garden gnomes. The company already has over 44000 sellers spread across the globe and is growing fast.
Bonanza is a great place for out of the ordinary items. The most glaring difference with eBay is that the sellers do not have to pay anything until they have made a sale. For each sale, you will incur a commission charge of 3.5%. It is also a fixed-price marketplace unlike eBay, which is more of an auction site.
Craigslist
This is one of the best marketplaces for you if you want to sell locally and prefer to manage your transactions personally. It’s particularly ideal for selling big-ticket items such as furniture that are a tad bit expensive to ship. There is a social element to it because you will have to meet with the buyer for most transactions where they pay cash. The only downside to this platform is that you run the risk of getting scammed.
eBid
Similar to eBay and Amazon, eBid is a cheaper option to these two giants. You can list your items for free, but you will be charged a 3% commission on every sale. The company, just like eBay is an auction marketplace. However, it receives way less traffic so you will have to do a bit of self-promotion to generate your own traffic.