Marketplaces

eBay

eBay is a popular online marketplace where businesses and individuals can sell products to a wide audience. It’s great for scaling sales and reaching diverse consumers, but it does come with fees.

Related Tactics

Name Description Difficulty Cost
Participate in eBay’s global shipping programme for wider reach Expand your reach by using eBay's Global Shipping Program. It simplif…
Intermediate
Medium
Regularly audit online content for brand compliance and reputation Regularly reviewing your online content ensures it fits your brand gu…
Intermediate
Medium
Regularly review and adjust pricing based on competitive analysis Regularly checking and refining your prices compared to competitors e…
Intermediate
Medium
Regularly update and repurpose older content to maintain relevance Keeping your content fresh and relevant can help you stay on top of s…
Intermediate
Medium
Regularly update catalogue content to reflect new products or promotions Updating your product catalog regularly keeps your customers informed…
Intermediate
Medium
Regularly update listings with new tags and descriptions Keeping your listings updated with fresh tags and descriptions helps …
Intermediate
Medium
Regularly update older content to maintain its relevance Regularly updating older content ensures it stays relevant, boosts it…
Intermediate
Medium
Regularly update product listings to reflect inventory changes Keep your product listings fresh by regularly updating them to reflec…
Intermediate
Medium
Run A/B tests to determine the most effective marketing for new products Want to find out which marketing strategy works best for your new pro…
Intermediate
Medium
Run aggressive pricing promotions to increase market share Run aggressive pricing promotions to capture a larger market share qu…
Intermediate
Medium
« »

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»

Quick Facts

Parent Channel:

Marketplaces

Pros

  • Wide audience reach: eBay allows sellers to reach a vast and diverse audience globally, increasing potential sales.
  • Ease of use: Setting up a store and listing products on eBay is user-friendly.
  • Diverse product categories: Sellers can list items in numerous categories, appealing to various consumer needs.
  • Promotional tools: eBay offers built-in promotional tools to help sellers boost visibility and sales.
  • Trust factor: Established reputation as a reliable platform for both buyers and sellers.
  • Auction-style listings: Allows sellers to generate higher sales prices through bidding wars.
  • Analytics and insights: eBay provides data and insights to help sellers optimize their listings and sales strategies.

Cons

  • Fees and commissions: eBay charges fees for listings and sales, which can eat into profits.
  • Competition: High competition among sellers can make it challenging to stand out.
  • Policy restrictions: eBay’s policies can be strict, leading to possible account suspensions for violations.
  • Dependence on reviews: Seller ratings heavily influence buying decisions; a few negative reviews can impact sales.
  • Market saturation: Popular categories can be oversaturated, making it hard to get noticed.
  • Variable demand: Demand for certain products can fluctuate, leading to inconsistent sales.
  • Limited design customization: Sellers have limited options to customize their store’s appearance.