It is very difficult to make cash on eBay now compared to a few years ago. Agree or disagree?
5 Years ago I was buying and selling stuff and making £500 a week PROFIT. these days You have to accept "small change" profit on the stuff you sell. I am going to sell my current stock and that is me finished with eBay. My question is….Do you think eBay has had its day.
Hey there …
There are so many discussions on the various PowerSeller boards on eBay that discuss this very topic.
There are a number of reasons why I believe its more difficult to make a $ on eBay now as opposed to say, 5 years ago.
Let’s consider –
New sellers who think they’ll jump on the bandwagon because they think that other people are making money in such and such a category so they’ll make heaps too! WRONG! The more sellers, the more competition, the lower the profit, the more newcomers who go broke trying to compete … That is … UNLESS the newbie seller has UNIQUE items – not the same ol’ same ol’.
Yes eBay have raised the seller’s fees and given no benefits to the sellers … that’s a HUGE reason for making less profit.
PAGE VIEWS in seller statistics clearly indicate that there are less buyers searching eBay … why? Possibly because of negative media pointing out the scammers that exist online.
Add to these issues, the influx of FOREIGN sellers ie. Thailand, China, Hong Kong etc. These guys are buying direct from the factory, selling at ridiculous starting prices, pay no import duties, income taxes etc. to the countries in which they list, therefore the sellers they are competing with for the sales, who do run their eBay businesses professionally and legally (and pay their taxes) are massively disadvantaged!
Recent Comments