In this guide, I’ll take you through the good, the bad, and the uglies of selling on Depop. 

So, if you’ve got a closet bursting with trendy fashion finds, one-of-a-kind vintage pieces, or handcrafted treasures, read ahead to discover why Depop might be the ideal spot for your online selling adventures.

Is Selling On Depop Worth It Even in 2023

Selling on Depop can definitely be worth it. Depop has a huge and active audience, especially among Gen Z, who love browsing and buying on the platform. 

So if you’re a seller and know how to target the right market, you’ll have a ready and engaged customer base.

Depop’s focus on vintage, handmade, and independent fashion brands makes it a perfect place to sell unique and niche items that might not get as much attention on other platforms. This means you can cater to a specific audience looking for distinctive pieces.

Compared to other marketplaces, you get to keep a larger portion of your earnings selling on Depop, which means more profit for you. 

The platform’s global reach is another plus, as it allows you to connect with buyers from all over the world and expand your customer base.

Depop simplifies the payment and shipping process, providing shipping labels and making transactions more convenient for you. 

How Much Money Can You Make Selling On Depop

Did you know many sellers make about $10,000 a month by selling on depop? Also there are ones who barely make a few 100s. 

Many successful Depop sellers report earning anywhere from a few hundred to several thousand dollars per month. 

Some top sellers with unique or sought-after items, a strong customer base, and effective marketing strategies have even been able to turn their Depop shops into full-time businesses, earning substantial incomes.

The Pros Of Selling On Depop

Here are the advantages of selling on Depop: 

Large User Base:

Depop has a large and active user base, with millions of users worldwide. This provides you with a broad reach and potential customer base, increasing the likelihood of making soaring depop sales.

Visual and User-Friendly Interface: 

Depop’s app features a visually appealing and user-friendly interface that resembles social media platforms like Instagram. You can easily showcase your items with high-quality images, engaging captions, and relevant hashtags. This will help you to create a one of a kind  shopping experience for potential buyers.

Low Commission Fees: 

Depop charges a relatively low commission fee compared to other selling platforms. They take a flat 10% commission on each sale, which means you can generate more income. 

Social Interaction: 

Depop encourages social interaction among buyers and sellers through its messaging feature. This allows you to engage with potential buyers. 

PayPal Integration: 

Depop integrates with PayPal for safety, security and convenient transactions. Sellers receive depop payments directly into their PayPal accounts, which provides a widely recognized and trusted payment method for buyers.

Promotional Opportunities: 

Depop offers features like sharing listings on social media platforms, allowing sellers to promote their products to a wider audience. This can help to increase your visibility and attract more potential buyers to your depop listings.

Supportive Community: 

With a vibrant and supportive community of sellers, you will get to listen and interact with people like you. The community is filled with people who are often willing to share depop tips, advice, and support with one another. 

This sense of community can be particularly beneficial for you if you are a new seller looking to learn and grow their businesses.

Common Concerns Of Selling On Depop

Despite all the green sides I’ve mentioned, unfortunately there seems to be few complaints and concerns floating around regarding selling on depop. Let’s take a look at them:

Scammers and Fake Items: 

Like any online marketplace, Depop is not immune to scammers. There is a risk of encountering buyers or sellers who engage in fraudulent activities, such as selling counterfeit items or engaging in dishonest transactions. 

Customer Service Issues: 

Some users have reported experiencing difficulties with Depop’s customer service. Automated responses and delays in resolving issues have been common complaints. 

Account Suspensions: 

There have been cases where sellers claim to have their accounts suspended without clear reasons provided.

Time-Consuming: 

Selling on Depop can be time-consuming, especially if you want to be successful. 

Fees and Costs: 

While Depop’s commission fee of 10% is relatively low compared to some other platforms, it still reduces your overall profit margin. Additionally, there is a 3% + $0.25 fee for processing payments. If you’re selling lower-priced items, these fees can significantly impact your earnings.

Competitive Market: 

Depop has a large number of sellers, which means there is significant competition. It can be challenging to stand out and attract buyers among the vast array of listings. 

Limited Categories: 

While Depop allows various categories for selling, it primarily focuses on fashion, accessories, and related items.

Tips To Sell Things On Depop Fast

Here are few tips to sell things faster on Depop: 

• Use high-quality, well-lit photos to showcase your items.

• Write detailed and accurate descriptions that highlight the unique features of your products.

• Utilize relevant hashtags and tags to improve visibility and reach a wider audience.

• Offer competitive pricing to attract potential buyers.

• Share your listings on social media platforms to increase exposure.

• Engage with the Depop community by following, liking, and commenting on other users’ posts.

• Respond promptly to inquiries and messages from potential buyers.

• Offer discounts or bundle deals to incentivize purchases.

• Provide clear and transparent shipping information to build trust with buyers.

• Stay active on the platform by regularly adding new items and refreshing your listings.

FAQs

Is boosting on Depop worth it?

Boosting on Depop can be worth it as it increases the visibility of your listings and can lead to more sales. 

What sells well on Depop?

Vintage clothes, streetwear, unique accessories, and handmade items tend to sell well on Depop. 

Can Depop be a full-time job?

Depop has the potential to be a full-time job for some sellers, especially those who consistently source and sell clothes or other desirable items, build a strong customer base, and dedicate sufficient time and effort to their Depop business.

How many times a day should I post on Depop?

Posting frequency on Depop can vary depending on your inventory and engagement levels. Generally, posting at least once or twice a day can help maintain visibility and attract potential buyers.

Final Thoughts

Despite the challenges of competition and potential spam, there are still compelling reasons to consider Depop as your online selling platform. 

Its user-friendly interface, global reach, low commision fees, and excellent features make it an attractive option for you if you are looking to showcase your fashion-forward items and creative creations.

Do keep a note that it’s important to be cautious and take necessary precautions to avoid scams and ensure a successful selling experience. 

By conducting thorough research, providing accurate descriptions, and maintaining open communication with buyers, you can build trust and increase your chances of success on Depop.

The post Is Selling On Depop Worth It appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

We understand that choosing the right platform can be quite baffling when there are so many options and two alternatives are right in front of you. 

If you’re a casual seller looking for a hassle-free selling experience, Mercari  might be the perfect fit for you. But keep in mind that  if you’re a serious seller aiming to establish a long-term online business or expand your reach to a wider audience, eBay might be the superior choice. 

Stick around as we explore the key features, benefits, and drawbacks of both platforms. 

Let’s dive into the Mercari vs. eBay debate and find the perfect platform for your online selling journey.

Mercari Vs Ebay: Differences At A Glance

Here’s a quick sneak peek of the comparison if you’re in a hurry

Mercari Or Ebay: In Depth Analysis

Here is a feature to feature analysis of both Mercari and Ebay so you can decide which one is for you. 

Ease of Use:

Between the two, Mercari stands out for its simplicity and user-friendly interface. The platform offers a straightforward process for anyone wishing to list their inventory, upload pictures, and manage their sales. 

The mercari app has intuitive design and easy navigation that makes it accessible for you regardless of how much experience you have.  

On the contrary, eBay has a more complex and feature-rich interface, which can be overwhelming for you if you are a new user trying to get used to things. 

We won’t lie, it does give you all the tools you can think of. You even have customization options, allowing for more control over listings. 

However, the process of creating listings on eBay may involve more steps and requirements that you may not be so fond of. 

Winner: Mercari. We like the simplicity and forwarness of the user experience.

Pricing Options:

The pricing options are competitive when compared. Mercari utilizes a fixed pricing model, where you are to set a specific price for your products, and buyers can purchase them directly at that price. This straightforward approach simplifies the selling process and allows for quick transactions.

The difference is that eBay offers both fixed pricing and auction-style listings. You will have the option to set a fixed price for your items. You can also initiate an auction where buyers bid on the product. The highest bidder at the end of the auction wins the item.

Winner: Tie. The choice between Mercari’s fixed pricing and eBay’s auction-style listings depends on the seller’s preference and the nature of the products being sold. Each platform offers unique advantages depending on the seller’s strategy.

Fees:

So, Is it cheaper to sell on Mercari than eBay? When it comes to mercari vs ebay selling fees, Mercari shipping charges a 10% commission on each sale, along with a $0.30 fee and a 2.9% processing fee based on the purchase price. There may be additional fees in specific situations, such as bank rejection. You can check on the mercari fees calculator 

eBay provides you with 200 free listings per month, and additional listings cost 35 cents each. In terms of commissions, eBay charges a percentage ranging from 10% to 12% depending on the category. You will also need to consider shipping fees, which can vary based on factors like carrier, weight, and class.

Winner: Tie for seller fees; Mercari for shipping fees. Both platforms have similar seller fees, but Mercari edges out in terms of shipping fees as it offers more straightforward shipping options and includes shipping protection worth up to $200.

Seller Protection:

Mercari requires buyers to request returns within three days of receiving the product and provide a valid reason. The platform holds the payment until the buyer rates the seller. 

While this offers some level of protection, we don’t like that it makes you dependent on the buyer’s cooperation and prompt rating.

On the other side, eBay provides stronger seller protection measures. It employs a rating system for sellers, encouraging them to maintain a good reputation. You will have the privilege to deny return requests within 10 days of delivery. 

eBay also offers a money-back guarantee to buyers, providing an extra layer of assurance for sellers.

Winner: eBay. Its rating system, coupled with the money-back guarantee, offers enhanced protection for sellers, ensuring a more secure selling experience.

Customer Support:

Mercari provides a help center with frequently asked questions and offers email support for inquiries. If you have serious issues, you may need a phone call conversation with their support team.

Ebay does similar when it comes to customer support but they are better in efficiency. eBay boasts comprehensive customer support options. Its help center is well-structured and contains extensive information to address common queries. You can get Customer support  via phone and email, allowing you to seek assistance when needed.

Winner: eBay. With its active customer support system, eBay offers sellers better access to help and assistance, ensuring that you have help 24/7 

International Selling:

Keep in mind that Mercari operates primarily in the United States and Japan, making it a suitable platform for sellers in those regions. That’s why you hear of Mercari Japan more specifically. If you are an international seller outside of these regions, you may face limitations or additional requirements to sell on Mercari.

That’s not the case for eBay. They have a global presence, allowing you to list and sell products far beyond all borders. You can reach a broader audience and expand your customer base beyond the local market.

Winner: eBay. Its global reach and support for international selling give you the advantage of accessing a larger customer base worldwide.

Listing Customization:

We prefer ebay for customization because Mercari offers limited customization options for product listings. You can do as little as provide a title, description, and upload pictures, but the overall appearance and layout are standardized.

eBay provides extensive listing customization options. So that you can create listings that appeal to your customers visually, with custom templates, product variations, and additional details. You can also include store branding elements to create a cohesive brand identity.

Winner: eBay. Its  customization options are extensive and gives you wings to create more visually appealing and personalized listings, which can attract buyers.

Product Categories:

Mercari focuses on a wide range of product categories, including fashion clothes, electronics, home goods, collectibles, and more. However, it may not be as comprehensive as eBay in terms of niche or specialized categories.

eBay offers an extensive selection of product categories, including mainstream and niche markets and even uncommon items like books, sports cards, labels etc. You can find dedicated categories for various items, allowing you to target specific customer segments.

Winner: eBay. Its comprehensive range of product categories provides you with more opportunities to list and sell items across various niches and markets.

Seller Tools and Analytics:

Seller tools and analytics make a world’s difference when you are trying to sell online. Mercari offers basic seller tools and analytics, including sales history, views, and likes on listings. 

However, the platform’s analytics capabilities may be limited compared to more advanced analytics platforms.

What we like about eBay in this case is how it goes an extra mile to give you tools and analytics that are updated and new. This includes detailed sales reports, insights on customer behavior, and listing performance metrics, which you otherwise won’t get in Mercari. 

Winner: eBay. The advanced tools let sellers like you gain valuable insights to optimize your selling strategies.

Promotional Tools and Marketing:

Mercari offers promotional features such as discounted shipping labels and seller campaigns to attract buyers. However, the promotional tools may be limited compared to eBay’s marketing options.

eBay provides a wide range of promotional tools and marketing options including promoted listings, cross-promotion, and advertising opportunities. You have the opportunity to increase your product visibility and reach a larger audience through targeted marketing efforts.

Winner: eBay. Its comprehensive promotional tools and marketing options provide you with more opportunities to showcase your products and drive sales.

Seller Community and Support:

Seller community can help you thrive in your online business more than you imagine it to. Mercari has a growing seller community and offers a user-friendly interface that facilitates interaction and communication between sellers.

eBay, on the other hand, has a well-established seller community with forums, discussion boards, and support channels. You won’t have problems connecting with fellow sellers, seeking advice, and receiving support from eBay’s customer service team.

Winner: eBay. Its active and involved seller community and comprehensive support resources make it easier for anyone to connect, learn, and receive assistance when needed.

Seller Policies and Disputes:

Mercari has its own set of seller policies and guidelines that you have to adhere to. Disputes between buyers and sellers are managed through Mercari’s resolution center, where the platform mediates and facilitates resolutions.

eBay has well-defined seller policies and guidelines that you must follow. The platform has a structured resolution process to handle disputes and claims, offering protection to both buyers and sellers.

Winner: Tie. Both platforms have established policies and dispute resolution mechanisms to ensure fair transactions, providing a level of protection for sellers.

Mercari Or Ebay For Selling

So, based on the analysis of the features and comparisons between Mercari and eBay, it is evident that both platforms have their own strengths and advantages for sellers. 

However, eBay emerges as a better choice for you if you are selling. There are several justifications to that but we like to side on the reasons for its wider reach and established reputation. 

The advanced marketing options, seller protection, and extensive seller community and support are further reasons why ebay may come out to be the better platform for selling.

There’s no doubt that, while Mercari offers convenience and simplicity, eBay provides a more professional selling environment with greater flexibility. Plus, they have a great resource base!

If you’re still confused, you may want to ask yourself which goal you wish to aim for. 

If you are looking to establish a side hustle or career in online selling, eBay is recommended. However, if you prefer a straightforward and hassle-free selling experience for occasional or casual selling, Mercari can be a suitable option for you. 

The Pros of Selling On Mercari

You can enjoy the following benefits with Mercari: 

• Simple and user-friendly platform.

• Easy to use for both buying and selling.

• Allows selling a wide variety of items, both new and used.

• Popular for its “online flea market” concept.

• Quick and easy signup process with minimal requirements.

• Provides a mobile app for on-the-go selling.

• Offers competitive and cost-effective seller fees.

• Allows sellers to set their own shipping preferences and offers shipping protection.

• Provides a platform for sellers to reach a large user base and potential buyers.

• Supports communication between buyers and sellers through comments and 

messaging.

• Allows sellers to track their sales and earnings conveniently.

The Pros of Selling on eBay

The pros of selling on ebay are far and wide. Here are benefits you get: 

• Established and reputable platform with a large user base.

• Offers the option to sell through auctions, allowing for potential higher selling prices.

• Provides more flexibility in pricing options, including fixed rates and bidding.

• Allows you to reach a global audience and access international markets.

• Offers seller protection and a money-back guarantee for certain transactions.

• Provides excellent customer support and a help center.

• Allows you to customize their listings with detailed product information.

• Offers seller analytics and sales reports to track performance and make data-driven decisions.

• Offers promotional opportunities to increase visibility and sales.

• Supports a wide range of product categories, allowing you to list diverse items.

• eBay offers seller discounts and incentives, such as fee promotions and seller rewards programs.

• Provides a comprehensive feedback system that helps establish trust and reputation for sellers.

• Provides integration with third-party tools and services to enhance the selling experience.

• Offers cross-promotion opportunities and the ability to create customized promotions to boost sales like you can use facebook marketplace 

Mercari Or Ebay For Buyers

Both Mercari and eBay have established themselves as trustworthy platforms for buying, but eBay has a longer history and stricter regulations in place, making it generally considered more trustworthy for buyers. 

If you are a buyer, you will look for safety. The extensive buyer protection policies, feedback system, and strong emphasis on seller accountability contribute to eBay’s reputation as a reliable platform for online purchases. It’s considered to be safer, less scammy and might have better seller quality as well.

So Is Mercari better than eBay?

So, which is better? While it all comes to your needs, the pros and cons do have an effect on how you may think about a platform. We do advise you to weigh the goods against the bads when you are deciding. 

While Mercari offers its own set of benefits and advantages, when it comes to choosing between Mercari and eBay, eBay emerges as the platform that offers a more comprehensive and advantageous selling experience.

FAQs

Does eBay charge if you dont sell?

Yes, eBay charges fees to you as a seller even if your items don’t sell. They have insertion fees for listing items, which are non-refundable regardless of whether the item sells or not.

Is it easier to sell on Mercari than ebay?

In terms of ease of selling, Mercari is generally considered to be easier than eBay. Mercari has a simpler and more user-friendly interface, requiring less information and fewer steps to list and sell items. This ease of use makes it more convenient for new or casual sellers. 

Is mercari safer than ebay?

When it comes to safety, both Mercari and eBay have their own measures in place, but eBay is often perceived as safer due to its stricter buyer and seller rules. 

Final Thoughts

This ebay mercari comparison should put things to bed for you. So, when it comes to choosing between Mercari and eBay as a selling platform, both have their own strengths and weaknesses but what you choose will depend on your choice and needs. 

As someone who has experience using both platforms, we personally prefer eBay. We value the additional options and features it offers, the greater level of seller protection, and the ability to reach a larger audience of potential buyers. 

Consider your specific goals, the types of products you sell, your level of experience, and the level of support and protection you require.

The post Mercari or eBay: Where Should You Sell? appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

In this article, we answer all your burning questions on Good novel: How do I join Good Novel? How much does goodnovel cost? And Most importantly, is it legit? 

Stick around for a complete review on what you can expect from a good novel writer’s job, as an author and as a reader as well! 

Is writing for GoodNovel legit?

Writing for GoodNovel is a legitimate opportunity for you if you wish to write, publish and earn. The complaints of whether it is a scam or not have always been from readers, and not the authors. 

Many readers don’t appreciate the idea of paying for every chapter as they go. A reader can get hooked into a story, and just as a  cling hanger arrives, Goodnovels asks for more money. Annoying for a reader, good for you as an author. But, that’s how their business model works and they are not trying to hide it either.

It’s important to note that while GoodNovel is indeed a legit platform, there have been concerns and criticisms regarding some of their contract terms and practices. 

These concerns primarily revolve around the exclusivity and length of the contract, the grant of rights, royalty calculations, payout thresholds, and potential penalties for breach or default.

If you are considering publishing your work on GoodNovel or entering into a contract with them, it’s essential to thoroughly review and understand the terms and conditions they offer.

How To Earn Money In Good Novel

In GoodNovel, if you wish to earn money, you should have the following: 

• A lot of interest for writing long term
• Determination and hard work 
• A device with internet. 

GoodNovel offers two main types of contracts for authors: exclusive and non-exclusive contracts. Here’s an overview of each contract type:

Exclusive Contract: 

By signing an exclusive contract with GoodNovel, you, as an author, agree to publish your English novels exclusively on the GoodNovel platform. Under this contract, you grant GoodNovel the right to manage and distribute your work. 

While authors retain the copyrights to their novels, they agree not to publish the same content on other platforms. 

In exchange for this very exclusivity, GoodNovel offers you certain benefits, including:

• Higher profit share: Here, you will receive a 50% share of the net revenue generated from readers unlocking their chapters and potential adaptations of your work.

• Signing bonus: Exclusive contract authors will receive a slightly higher signing bonus compared to goodnovel non-exclusive authors. For instance, you sign a contract, write 30 or 40k words and earn 100 to 150 dollars.

• Monthly attendance bonus (MAB): Exclusive authors may be eligible for a monthly attendance bonus based on their consistent release of chapters.The monthly bonus requires you to write more words, for instance 40k words for 25 days or more.

• Novel completion bonus: Authors who complete their novels may receive an additional bonus.  Based on the number of words you have completed, you get a bonus. For 80k to 120k words, you get a completion bonus of $150. As you go higher, the bonus increases. For 200k or more words, you get $400. 

Non-Exclusive Contract:

With a non-exclusive contract, you will  have the freedom to publish your novels on other platforms in addition to GoodNovel. So in this case, you retain the copyrights to your  work and have more flexibility in distributing the content. Under the non-exclusive contract, authors receive the following benefits:

• 50% profit share: Authors earn a 50% share of the net revenue generated from readers unlocking their chapters.

• Word-count-based reward: Non-exclusive authors may receive a $50 reward based on their novel’s word count.

The Pros of Being a Writer on GoodNovel

As a goodnovel writer, you can expect the following benefits: 

Earnings 

GoodNovel offers writers the opportunity to earn money from their novels. You can receive a share of the money generated from as more readers unlock more pages with their coins. 

Easy to enter platform

GoodNovel has a relatively low entry barrier, allowing aspiring writers to publish their novels without going through the traditional publishing route. If you’re new, this gives you a chance to reach a wide audience and potentially earn income from your work.

Writer Rewards 

GoodNovel provides you rewards based on word count milestones. As writers reach certain word count targets, they can earn additional benefits or bonuses, motivating them to continue writing and producing content.

Supportive Community

GoodNovel has an author community that is known to be supportive and non-toxic. You will be able to connect with fellow authors, share experiences, and receive feedback or advice from others in the community.

Writing Tutorials and Workshops

If you need help, they do offer writing tutorials and workshops to help writers improve their skills and storytelling techniques. These resources can be valuable for both new and experienced authors looking to enhance their craft.

User-Friendly Interface

GoodNovel provides a simple and easy-to-navigate author interface, making it convenient for you to manage your novels, track your earnings, and engage with readers as well. 

How much does GoodNovel pay authors?

The payment structure on GoodNovel varies, and the exact amount authors earn will depend on various factors such as the popularity of their novels, the number of readers unlocking their chapters, and the monetization methods employed by GoodNovel. It will also depend on what type of contract you are entering. 

While there isn’t specific information available about the payment rates on GoodNovel, it’s generally understood that you receive a share of the revenue generated from readers unlocking their chapters and reading more pages. 

Generally, you can earn from around $150 to $2,000 per month if you manage to write consistently.

How do you publish a book on GoodNovel?

To publish a book on GoodNovel, you typically follow these steps::

Visit the GoodNovel website or download the GoodNovel app from the Google Play Store or the App Store.

• Step 1: Create an account or log in if you already have one.

• Step 2: Navigate to the author platform or the section dedicated to writers.

• Step 3: Look for the option to “Create” or “Publish” your novel. It may be located in the upper bar or within the author dashboard.

• Step 4: Fill in the basic details of your novel, such as the title, genre, synopsis, and relevant tags. Provide a compelling and engaging description to attract potential readers.

• Step 5: Write and upload your first 5,000 words or the required minimum word count specified by GoodNovel. Make sure your content is well-written, edited, and proofread.

• Step 6: Apply for a contract with GoodNovel. This step usually involves agreeing to the terms and conditions set by the platform.

• Step 7: Wait for a response from GoodNovel regarding your application. The review process may take some time, so be patient. If your application is approved, you will receive further instructions on how to proceed. This may include signing a contract with GoodNovel.

• Step 8: Once your novel is accepted and the contract is finalized, you can start publishing chapters on GoodNovel. Follow the platform’s guidelines for chapter releases, word count, and any other requirements.

FAQs

Which country owns GoodNovel? 

GoodNovel is owned by Singapore New Reading Technology PTE. Ltd. based in Singapore. 

Is GoodNovel a paid app?

GoodNovel offers both free and paid content. While the platform itself is free to access, readers have the option to purchase coins to unlock premium chapters and access additional content. Its free for authors to enter and publish. 

What are the sites like GoodNovel? 

Other platforms similar to GoodNovel include Webnovel, Tapas, Radish Fiction, Royal Road, and Dreame, which offer various opportunities for authors to publish their work, engage with readers, and potentially earn income.

What genres are in GoodNovel? 

GoodNovel hosts a wide range of genres, including romance, fantasy, sci-fi, mystery, young adult, historical fiction, feel good and more.

Final Thoughts

So if you are a writer who is patient, passionate about writing novels, and interested in the romance genre (this genre sells!), GoodNovel can be a platform that offers you the opportunity to earn a good income. 

While it follows a pay-to-read model and may have its limitations, GoodNovel is a legit platform that pays authors based on their earnings. 

By consistently writing good novels, engaging with readers, and taking advantage of the platform’s author benefits, you can increase your chances of becoming rich through this platform.

Remember, writing novels requires dedication and effort, but if you enjoy the journey and embrace the challenges, GoodNovel can be a valuable platform for your writing career.

The post How To Earn Money In Good Novel appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

These investments can also be very risky. If your business never turns a profit, you essentially lose all the money you put in. 

But that’s where Amazon FBA comes in! With the FBA facilities, you can cut down a lot of expenses when starting your business. You can even grow a successful business, starting Amazon FBA with $500! Let’s find out how. 

Can I Start Amazon Fba With 500 Dollars

Yes, you can start Amazon FBA with just 500 dollars! While a small budget of just 500 dollars isn’t ideal, you can be smart with that money and invest any profits you make back into the business. 

This way you can slowly scale up your hustle and start making big profits. 

As much as 18% of successful Amazon sellers have started with just $500! 

What all these FBA sellers have in common is that they start with wholesale products and retail arbitrage, and then invest back their money into the business and start growing their inventory slowly. 

It might take longer, but eventually, you can start to see your source of income come in. 

A Guide To Starting Amazon FBA With $500

Starting a successful business with just 500 dollars in the bank sounds like a scheme too good to be true. Well, you better believe it. I’ll show you exactly how to get started. 

Market Analysis

The first step to starting an Amazon FBA business is market research or product research. Choosing the right product can make or break your shot at FBA success. This is true for any type of selling on Amazon, but especially for a small-budget business. 

A profitable product selection starts with searching across Amazon for specific products and seeing how well they’re doing. 

Since you don’t have a lot to spare, small, boring, everyday but essential items are usually very cheap to bulk-buy but also are in demand. 

You have to find the perfect balance between being popular and still not so competitive that you don’t stand a chance. Here are some tips:

• Start with mundane things. Look around you, and see items that you regularly use or buy yourself from Amazon. Search up the product on Amazon, and see if it’s doing well. Try to aim for products that have a good number of reviews, ideally less than a hundred or so. 

• Secondly, make sure that there aren’t already a lot of top sellers with thousands of reviews for that specific product. Finding low-competition products on Amazon can be hard, but the more specific you get, the easier it’ll be. 

• And finally, the lighter the product, the lower you’ll have to spend on shipping and storage. 

It might take a little searching, but eventually, you’ll land on the perfect balance. There are also extensions available that you can use to research the market. 

These extensions show you profits, popularity, revenue rates and so much more for different sellers on Amazon. 

Getting the Goods

Once you’ve decided on a few products, it’s time to find reliable suppliers for Amazon FBA. Most people who want to start for a cheap look at Aliexpress and Alibaba. 

Search for the product you want on AliExpress and see if you can find the ones that you like. The keyword you’re using to search must be the same, across all these platforms. 

So for instance, if you’re looking for a unicorn cupcake stand, search that across Amazon, and see how it’s doing. If it’s doing well, search it up on AliExpress. You’ll usually find one that is already on Amazon. Order it for yourself, and inspect it properly. 

Once you’re happy with the product, search it up on Alibaba and order about 200-300 units to ship to Amazon warehouses and then Amazon fulfillment services will take care of the rest. 

Talk to the supplier and mention any customizations and ask for both shipment by sea and air and see which costs less.  Lighter items cost less to ship, so that’s why again, product selection is crucial. 

Presentation

When selling on the Amazon selling platform, the picture of the product is what the customer sees first. When it comes to low-cost marketing for Amazon sellers, the right picture and description do half the job. This is why you need to have a copy of the final product with you as well. 

Once you’re happy with the customizations and logo you can take the perfect picture of your product. It’s better not to use stock images. 

Nowadays, you don’t even need a professional photographer for this stage. If you have a good phone camera and some sunlight you’re set. 

Set up a blank background, experiment with the lighting and angle, and take good photos of your product. 

There are several tutorials online for you to learn product photography and how to make it look so good that people will click on your products. 

If you do have a few bucks to spare, however, you can also get this done professionally.

Product Launch Strategies

So you’re on the seller central page, and you’ve added your product, but there are no sales? It can be a bit difficult to get those first few sales rolling. This is where you need support. 

You can ask friends and family to buy your product at full price and leave a good review. It’s important that they search for the product and then find it, instead of through a link. This way the algorithm will push it up in the search results. 

Reviews are also essential to let customers know that your product is legit and it’s of good quality.

If you have friends or family who are popular or can help you with influencer marketing, you can also ask them for help. And of course, simply promoting it on your socials can be a great way for promoting products without breaking the bank. 

When calculating expenses for Amazon business, you’ll see that it’s not as high as you might have expected. The best one of FBA advantages is that they handle shipping and packaging so a lot of your costs are cut down.

Essentially when you start your own Amazon business, you’re just going to be spending on these few steps.  

Fulfillment by Amazon also means that you’ll get their efficient inventory management, so you’re saving there as well. So don’t be scared to invest in marketing your product. 

Repeat

Hopefully, once you get the sales rolling, you’ll start to see revenue coming in. It can take a while, so be patient, but don’t lose hope. Even with an Amazon FBA initial investment of just 500 USD, you can eventually learn to make a lot of profit. 

But it’s important at this stage to put back everything you earn into the startup capital for Amazon FBA. The more you put in, the more you can expect to see returns. 

So keep repeating these steps, until you can slowly order more units, and expand your product range. 

FAQs

Can I start Amazon FBA  with no money?

While it is not possible to start your Amazon FBA journey without any money, you can do it for very little. If you can manage a bit of cash from other sources, you can get started with your Amazon seller account and start selling products! 

How much does the average Amazon FBA owner make?

The average FBA business owner makes about 1000 to 25,000 USD per month in sales. Most sellers will see profits of 1000 USD per month, and a lot of them bring in numbers even higher. So people are still making amazing progress on Amazon FBA and you can too!

How long does it take to make money on Amazon FBA?

You can start making money off of Amazon within a few weeks if you’re smart. But it can take 3-6 months to start making profits and start generating revenue if you start with very little money. If you have more to invest in the beginning, you’re more likely to see profits faster. 

Is Amazon FBA easy?

No, Amazon FBA isn’t easy, especially at the beginning. It requires a lot of consistent hard work and smart marketing strategies. But once you get the hang of it and start seeing profits, it gets much easier down the line and can even become a form of passive income. 

Final Thoughts

As you can see it’s possible to start your FBA business with just 500 bucks and still be successful. However, we still suggest trying to make your budget a bit higher. 

Anywhere from 1000 USD to 5000 USD can be a great place to start. But even if that’s not an option, don’t be discouraged. Just get started and stick to it. Soon you’ll have more to invest.

The post Starting Amazon FBA with $500 appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

You don’t want to break the bank without being sure of the return on investment on these paid courses right? 

In this article, we’ll delve into the pros and cons of Amazon FBA courses, as well as highlight alternative platforms that can provide you with the knowledge and insights needed to succeed in the world of e-commerce.

It’s time to make an informed decision and set yourself up for success in the exciting realm of Amazon FBA.

Are Amazon FBA courses worth it in 2023?

The value of investing in an FBA course can vary depending on your circumstances and needs as a seller.

There are several reasons why enrolling in an Amazon FBA course is worth it. These courses provide valuable knowledge and guidance. You’ll learn about product research, sourcing, listing optimization, marketing strategies, and inventory management from experienced instructors who have succeeded on Amazon. 

This structured learning approach can accelerate your progress and equip you with the necessary knowledge to make informed decisions.

Another advantage is that these courses can help you avoid costly mistakes. They highlight common pitfalls and offer practical tips to maximize profitability and efficiency.

On the other hand, free alternatives exist. You can find a wealth of information on blogs, YouTube channels, forums, and podcasts where experienced sellers share their knowledge for free. 

While these resources may lack structure, they can still provide valuable insights for self-motivated learners.

What to Consider Before Enrolling in an Amazon FBA Course

Here are factors you need to consider and give a thought about before enrolling in an amazon FBA course: 

1. Knowledge and Experience: Assess your current knowledge and experience in selling on Amazon. Determine if you have a basic understanding or if you are starting from scratch.

2. Learning Style: Consider your preferred learning style. Some people prefer structured courses with step-by-step guidance, while others prefer self-study using free resources or hands-on experimentation.

3. Learning Curve: Evaluate the time and effort required to learn independently versus taking a course. Consider if you are willing to invest the necessary time and if a course would expedite your learning process.

4. Budget: Determine your budget and evaluate if it allows for the investment in an Amazon fulfillment course. Consider the cost of the course and any additional expenses associated with it.

5. Course Reputation and Reviews: Research the reputation of the course and the instructor. Look for reviews, testimonials, and success stories from previous students to gauge the course’s effectiveness.

6. Course Content: Review the course curriculum and content to ensure it covers the specific areas you want to learn. Consider if the course offers comprehensive and up-to-date information on Amazon FBA practices.

7. Support and Community: Evaluate the level of support and community interaction offered by the course. Consider if you value networking opportunities and the ability to connect with like-minded individuals.

8. Additional Resources: Assess if the course provides additional resources, such as tools, templates, or ongoing updates, which can enhance your learning experience and help you succeed as an Amazon FBA seller.

9. Alternative Options: Explore alternative options such as free resources, YouTube tutorials, blog posts, or joining online communities related to Amazon FBA. Determine if these options can fulfill your learning needs without the need for a paid course.

Unveiling the Qualities of a Good Amazon FBA Course

Here is a checklist you’d want to tick out if you are trying to find qualities of a good amazon fba course:

Comprehensive Content: 

A good Amazon FBA course should cover all the essential aspects of selling on Amazon, including product research, sourcing, listing optimization, inventory management, marketing, and scaling strategies.

Up-to-Date Information: 

The course should provide the latest information and insights on Amazon FBA practices, taking into account any recent policy changes or algorithm updates that may impact sellers.

Step-by-Step Guidance: 

The course should offer clear, actionable steps and instructions to guide learners through the entire Amazon FBA process, from setting up an account to launching and growing a successful business.

Real-Life Examples and Case Studies: 

The inclusion of real-life examples and case studies can help learners understand how to apply the course concepts in practical situations. It provides important information into successful strategies and common pitfalls to avoid.

Accessible and Engaging Format: 

A good course should be presented in a format that is easily accessible and engaging. This may include video lessons, interactive exercises, quizzes, and downloadable resources to enhance the learning experience.

Ongoing Support and Community: 

The course should provide some form of ongoing support, whether through a dedicated community forum, access to instructors for questions and clarifications, or regular updates to course materials.

Expert Instructors: 

The course should be taught by experienced instructors who have achieved success in the Amazon FBA space. Their expertise and insights can provide valuable guidance and inspiration to learners.

Positive Student Reviews and Testimonials:

Look for courses with positive reviews and testimonials from previous students. This indicates that the course has been effective in helping others succeed in their Amazon FBA businesses.

Clear Pricing and Value: 

The course should have transparent pricing and offer good value for the investment. Consider the content and resources provided in relation to the course fee to ensure it aligns with your expectations.

Track Record of Success: 

A good Amazon FBA course should have a track record of producing successful students who have achieved notable results in their businesses. Look for evidence of success stories or case studies that demonstrate the course’s effectiveness.

Pros of Taking an Amazon FBA Course

Here are the benefits of taking an Amazon FBA Course:

• Structured learning and step-by-step guidance
• Access to curated and organized information
• Comprehensive coverage of various topics related to Amazon FBA
• Expert insights and strategies from experienced instructors
• Community support and networking opportunities
• Accountability and motivation to stay on track
• Updated information and industry trends
• Access to additional resources and tools specific to the course

Cons of Taking an Amazon FBA Course

The drawbacks of taking an Amazon FBA Course:

• Investment is costly 
• Quality of courses may vary
• Free resources and self-study options available
• Some information may become outdated quickly
• Not all courses offer value equal to the price
• Individual learning pace may differ from the course structure
• Real-life experience and experimentation may be limited in a course setting
• Limited customization or adaptability to personal goals or business model.

Alternative Learning Resources for Amazon FBA

If you are not sold on Amazon FBA courses, there are several alternative learning resources for you: 

Blogs:

Some popular blogs in the Amazon selling community include Jungle Scout Blog, SellerApp Blog, and AMZScout Blog, which you could check out for learning purposes. These blogs often cover a wide range of topics, from product research and sourcing to marketing strategies and industry updates.

YouTube Channels:

YouTube is a great platform for visual learning and many successful Amazon sellers share their knowledge and experiences through their channels. There’s nothing you can’t learn through Youtube videos. 

Some notable YouTube channels for Amazon FBA that you can explore are The Selling Family, Wholesale Ted, and Project Life Mastery. These channels offer tutorials, case studies, and tips on various aspects of selling on Amazon.

Reddit Subs and Posts:

Reddit has dedicated communities where Amazon FBA sellers and enthusiasts share their experiences, ask questions, and provide valuable insights. 

You can check out the r/FulfillmentByAmazon subreddit which is a popular community with discussions on different FBA topics. Other relevant subreddits include r/AmazonSeller and r/ecommerce, which cover broader e-commerce discussions.

Podcasts:

Podcasts can be a convenient way for you if you don’t have time and want to learn about Amazon FBA while you are on the go. I highly recommend The Amazing Seller podcast, hosted by Scott Voelker, covers various aspects of selling on Amazon. 

You could also check out The Private Label Movement podcast and the FBA Millionaires podcast, tips, and interviews with successful Amazon sellers.

Industry Events and Conferences:

Attending industry events and conferences related to Amazon FBA can provide you with valuable networking opportunities, and access to expert speakers and panel discussions.

Industry Publications and eBooks:

Books and publications focused on Amazon FBA can provide in-depth knowledge and guidance. “The Amazon Jungle” by Scott Voelker, “The Private Label Bible” by Skip McGrath, and “Amazon Selling Secrets” by William U. Peña are some examples of informative books that can help you navigate the Amazon marketplace.

But Is It Worth To Start Amazon FBA Business In 2023?

Starting an Amazon FBA business in 2023 can indeed be worth it if you can do it right. Keep in mind that ecommerce is growing and the possibilities of it becoming bigger by the years is not a myth. 

Sellers are getting into businesses like amazon retail arbitrage with the hope to tap into a large customer base and expand their business. 

With more people shopping online than ever before, Amazon provides a platform with extensive reach and a robust infrastructure for order fulfillment.

The low startup costs associated with an Amazon FBA business make it all the more worth it. You can start with a small investment in inventory and gradually scale your business as you generate sales and profits.

FAQs

Is it hard to make money from Amazon FBA?

It can be challenging to make money from Amazon FBA due to the competitive nature of the marketplace. How much money you make depends on factors like product selection, marketing, promotion, and market demand.

How much money do I need to start Amazon FBA?

The amount of money needed to start an Amazon FBA business varies. It depends on factors such as the product you choose, inventory costs, branding, packaging, marketing, and other expenses. It’s recommended to have a budget of a few thousand dollars to start.

How much does the average Amazon FBA person make?

The average income of an Amazon FBA seller can vary widely. Some sellers make a few hundred dollars per month, while others generate substantial profits. It depends on factors like product selection, sales volume, pricing, expenses, and overall business strategy.

What percentage of people succeed in Amazon FBA?

The percentage of people who succeed in Amazon FBA varies and is difficult to determine precisely. Success rates depend on your effort, market research, product selection, marketing strategies, and adaptability. Like any business, not all ventures in Amazon FBA achieve long-term success.

Final Thoughts

Navigating the world of Amazon FBA can be a challenging endeavor, and the decision to invest in an FBA course is not one to be taken lightly. 

While there are drawbacks to consider, such as the fee structure and the potential lack of control or dependency on Amazon, it’s important to acknowledge the benefits that these courses can provide. 

They offer structured learning, expert guidance, and valuable insights into the nuances of running a successful FBA business.

If you’re willing to embrace the fee structure and understand the limitations, FBA courses can be a worthwhile investment for those seeking a comprehensive and guided approach to mastering the intricacies of selling on Amazon.

The post Are Amazon FBA Courses Worth It? appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

Etsy, with its focus on unique and handcrafted items, and eBay, with its dynamic auction system, are two online marketplaces that offer a refreshing departure from Amazon’s all-encompassing approach.

In this post, we’ll pit all three together so you can see how Etsy and eBay stand as solid rivals to a giant like Amazon. 

By the end, you’ll have a good idea of what is the best home for your products.

eBay Vs Etsy Vs Amazon: Quick Overview of Differences

Let’s take a brief look at the main differences before we dig deeper.

eBay Vs Etsy Vs Amazon: A Deeper Look

Let’s check out a more detailed comparison of these platforms now.

Product Selection

Winner: Tie. Depends on your products.

Let’s start with the basics first – what sort of products each of these platforms focus on.

eBay and Amazon are similar, both catering to a wide range of consumer needs with their vast inventories. 

Etsy is the most different with its product offerings. It’s a haven for those seeking handmade and artistic creations. On Etsy, you can make good sales with esoteric treasures, such as intricately designed jewelry, unconventional art pieces, and rare vintage finds that are often unavailable in mainstream marketplaces. 

The right pick for these depends on your preferences. 

eBay offers diversity – almost at Amazon’s level, but with less competition.

Meanwhile, Etsy caters to niche and handmade markets, and Amazon provides unparalleled reach.

Listing and Selling Fees

Winner: Etsy.

Nobody likes surprises when it comes to fees, right? Let’s break it down.

eBay charges fees for listing and selling items. The listing fees depend on the category, and there is also a final value fee based on the selling price.

Meanwhile, to list an item on Etsy, there is a $0.20 fee per listing. Additionally, Etsy charges a 5% transaction fee on the total price, including shipping costs.

Amazon’s more different – it has a subscription model for sellers. There is no direct listing fee. They pay a monthly fee based on their seller plan, starting at $0.99 per item sold. There are also referral fees, which vary by category and can be as low as 8% or as high as 45% of the sale price.

All three are decent in this regard; but Etsy has a simple and affordable fee structure, making it the best option for small-scale and handmade sellers.

Payment and Transaction Handling

Winner: Tie.

eBay provides support for PayPal, a widely recognized and trusted payment method that offers convenience and security to buyers and sellers alike. It also offers support for Credit card or debit card, Apple Pay, Google Pay, Spendable funds, Payment upon pickup, Wire transfer facilitated by eBay (select categories only), and eBay gift card or eBay voucher or eBay Bucks 

Etsy has its own thing – Etsy Payments, where buyers have the flexibility to choose their preferred payment method, including credit cards, debit cards, and Etsy gift cards. It’s the simplest option, though the platform still supports Apple Pay, Google Pay, Paypal as well as Klarna.

Amazon also offers multiple payment options, including Amazon Pay, major credit cards, and additional methods depending on the buyer’s location.

So, which is the best at providing a seamless buying experience for your buyers? 

It’s a draw, as all three platforms prioritize secure payment options and provide convenience for buyers and sellers. You can be fine with any option you pick.

Market Share & Customer Base

Winner: Amazon (For Most Sellers). Etsy (For Handmades).

Let’s talk about the audience reach on these platforms. After all, the more potential customers, the better, right?

When it comes to sheer scale, Amazon reigns supreme. With millions of active users and a global reach, it offers unparalleled exposure to a massive customer base eager to explore and purchase products.

eBay has also amassed a significant user base and attracts a diverse range of buyers. It’s more popular in the US than in other places, though you can still sell across 200 countries. The buyer pool still isn’t as big as Amazon’s though.

While Etsy has a smaller market share compared to eBay and Amazon, it has carved out a niche for itself. It caters to a specific audience of buyers who appreciate the uniqueness and craftsmanship of handmade and vintage items. 

While its customer base may be more niche, Etsy has fostered a community of loyal buyers who actively seek out these specialty products.

Advertising Opportunities

Winner: Etsy, Amazon.

Visibility is key to driving sales – between all three, you’ll have more luck promoting your products with Etsy or Amazon. 

Etsy allows sellers to leverage social media platforms and paid advertising to showcase their unique creations and reach a broader audience. It has its own ad services, called Etsy Ads.

Amazon also has Amazon Ads, enabling sellers to increase visibility and drive sales by targeting specific keywords and product categories.

eBay though, doesn’t have its own Ad services, you can only use third party options.

Seller Support and Resources

Winner: Etsy.

eBay has seller protection programs, seller forums for community support, and fully fledged resources to help entrepreneurs succeed.

Etsy, meanwhile, focuses on nurturing creativity and offers resources specifically designed to support artisans and creative sellers, including educational content and seller community engagement.

Amazon also has a comprehensive support system in place, offering seller forums and seller support representatives. 

However, because of being the biggest online marketplace, its support system isn’t as effective. It still has extensive knowledge bases to help you deal with things on your own.

But all things considered, Etsy takes care of its sellers the best, especially since it has a smaller community compared to the other two mainstream giants.

Trust and Security

Winner: Tie.

Trust and security are paramount when it comes to selling and buying online. Let’s see how these platforms ensure the safety of transactions and build trust among buyers.

eBay relies on feedback ratings and a dispute resolution process to foster trust among buyers. These mechanisms help establish a sense of credibility and ensure fair and transparent transactions.

Etsy puts great emphasis on buyer-seller interaction and customer reviews. Through reviews, buyers can share their experiences, providing valuable insights and building trust in the community. Additionally, Etsy has seller protection policies in place to safeguard your interests.

Amazon also takes security seriously and implements robust measures to protect both buyers and sellers. 

Their A-to-Z Guarantee provides additional buyer protection, ensuring a safe and reliable shopping experience.

All three platforms prioritize trust and security, giving buyers and sellers peace of mind.

Customization and Branding

Winner: Etsy.

Now, let’s talk about creating a brand identity that resonates with your target audience. How much customization and branding control do you have on each platform?

eBay’s focus is more on the quality and variety of products rather than individual seller branding. While you have the freedom to showcase your products, the platform is primarily known for its diverse offerings.

Etsy beats the other two by a mile in this aspect. The platform understands the importance of personalization and branding. They provide tools to customize their shop appearances, allowing you to create a distinct brand identity that aligns with your unique style and offerings.

Amazon, being a marketplace giant, prioritizes standardized branding for a consistent shopping experience. While you may not have extensive customization options, Amazon at least ensures that your products are presented in a professional and standardized manner.

So, among all three, Etsy will offer you the best opportunity to create a unique and memorable brand identity.

Return and Refund Policies

Winner: Amazon.

eBay allows sellers to set their own return policies, so they can vary. It’s important to clearly communicate your policy to buyers.

On Etsy, you have the freedom to define your own return policies. Make sure to specify the time frame, fees, and conditions clearly.

Amazon has a standardized return policy for all sellers. They also offer the A-to-Z Guarantee for extra buyer protection and fair issue resolution.

Overall, Amazon’s reliable and standardized return policies work out the best, for both sellers and buyers.

Pricing System

Winner: Etsy.

eBay stands out the most in this regard. It’s known for its auction-style listings, which provides a fun twist to pricing. 

You can set a starting price, and your buyers can bid on the items, creating an exciting bidding war. You can also choose to list items at a fixed price if you prefer.

Etsy, meanwhile, mostly relies on fixed prices. Sellers list their items at a specific price, making it easy for buyers to make direct purchases.

Amazon also focuses on fixed prices, but they spice things up with promotional options. Sellers can participate in campaigns like lightning deals or limited-time discounts to attract more buyers.

All three systems can work, though we’re giving Etsy the win because more often than not, a simple pricing system can be more effective.

Pros And Cons Of Each Platform

Here’s a quick rundown of the advantages and disadvantages of eBay, Etsy, and Amazon. 

Pros of Selling on eBay

• Wide variety of products and categories to choose from.
• Thriving auction-style format for unique and rare items.
• Flexibility in setting your own pricing and listing options.
• Access to a large and diverse customer base.
• Opportunity for international sales and global reach.

Cons of Selling on eBay

• Increased competition due to the vast number of sellers.
• Listing and final value fees can impact profit margins.
• Potential for lower selling prices due to the auction-style format.
• Managing and resolving disputes with buyers can be time-consuming.
• Need to stay updated with the ever-changing marketplace policies.

Pros of Selling on Etsy

• Dedicated platform for handmade, vintage, and unique products.
• Niche community of buyers actively seeking artisanal goods.
• Opportunity to showcase and sell creative and artistic creations.
• Personalization options to establish a distinct brand identity.
• Supportive and collaborative seller community.

Cons of Selling on Etsy

• Limited to selling handmade, vintage, or craft-related items.
• Fees for listing and transaction can add up for high-volume sellers.
• Competition within specific niches can be intense.
• Less exposure compared to larger marketplaces like Amazon.
• Additional efforts required for marketing and driving traffic to your shop.

Pros of Selling on Amazon

• Massive customer base and global reach for maximum exposure.
• Streamlined and efficient fulfillment process with Amazon FBA.
• Access to various advertising and promotional tools.
• Trust and credibility associated with the Amazon brand.
• Potential for higher sales volume due to the platform’s popularity.

Cons of Selling on Amazon

• Intense competition and potential for saturation in popular categories.
• Strict adherence to Amazon’s policies and guidelines.
• Dependency on Amazon’s algorithms for product visibility.
• Fees for fulfillment, referral, and additional services can impact profitability.
• Limited control over the customer experience and branding opportunities.

So, Where Should You Sell On?

Now that we’ve explored the different platforms and compared eBay, Etsy, and Amazon, you might be wondering which one is the right fit for you. 

Let’s have a chat about it, shall we?

Is eBay Right For You?

eBay is all about the thrill of auctions and setting your own prices. If you love the excitement of bidding and want the freedom to decide how much your items are worth, eBay might be your perfect match. 

It’s a great option if you have unique or one-of-a-kind items that can generate buzz and potentially fetch higher prices for your treasures.

Is Etsy Right For You?

If you’re a creative soul or an artisan with handmade or vintage items, Etsy is a fantastic platform for you. It’s a supportive community that celebrates craftsmanship and the value of handmade goods. 

Whether you’re a skilled artist or a vintage enthusiast, Etsy provides a platform to showcase your unique creations and connect with like-minded buyers.

Is Amazon Right For You?

Amazon can be a good option as well. It may not seem as unique as the other platforms, but it’s a good way to get started if you’re new to eCommerce. It’s incredibly simple and flexible.

Plus, you’ll find tips and tricks all over the web on how to make the most use of it, as it’s one of the most popular marketplaces out there.

Of course, the competition will be hard to deal with, but with time and effort, it can still help you make a killing.

FAQ

Which platform is better for buying: Amazon, eBay, or Etsy?

It depends on what you’re looking for. Amazon offers a wide selection, fast shipping, and competitive prices. eBay is ideal for unique items and auctions, while Etsy specializes in handmade and vintage goods.

Which platform has more buyers: eBay, Etsy, or Amazon?

Amazon has the largest customer base globally, followed by eBay and Etsy. However, all three platforms have a significant number of active users. The latter options might be more fit for you if you have more niche products, despite their smaller numbers.

How much do sellers on Etsy, Amazon, and eBay make on average?

Seller earnings can vary widely depending on factors such as product type, sales volume, and individual strategies. There is no fixed average as success varies for each seller. However, according to our survey, many sellers on all three platforms can have as much as $40k on average every year.

What sells well on Etsy, Amazon, and eBay?

Etsy thrives with handmade crafts and unique vintage items. Amazon offers a wide range of products, including electronics, books, and household items. eBay allows for the sale of various items, including collectibles and second-hand goods.

Final Thoughts

As you can see, it’s clear that Amazon isn’t completely taking over the eCommerce industry, contrary to popular belief. 

In fact, you can often rake in even more profits on platforms like Etsy and eBay. And let’s be honest, if you have a taste for uniqueness, Amazon’s dull industrial vibe won’t do your products justice.

Platforms like Etsy and eBay truly let your products shine in the spotlight. Of course, if you have the time and budget for it, combining two or even all three platforms could be the best way to go.

Remember, the choice is yours in the end. 

Consider your audience, stay true to your niche, and put your best foot forward in presenting your items. Success will come knocking sooner than you think.

The post eBay Vs Etsy Vs Amazon: 1 Titan Vs 2 Rising Stars appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

That being said, however, depending on your situation, the auction-style format of eBay may be enticing to a lot of readers, especially those that want older, second-hand books. 

So let’s check out a more in-depth comparison of the two platforms when it comes to bookselling. 

Selling Books On Amazon Vs eBay

Did you know that Amazon started out as a book-selling website and then later expanded to become the eCommerce giant it is today? No wonder it’s one of the best options for selling books. 

On the other hand, eBay is more targeted toward selling antiques and collectibles. In that sense, you can also get used, rare, editions of books there.

But there’s a lot more to it when deciding which one is better in the long run. Let’s dive right in. 

Market Share

In terms of market share for selling books, Amazon holds a significant advantage over eBay. The Amazon marketplace dominance stems from its dedicated focus on books and its vast customer base. 

As the world’s largest online marketplace, Amazon provides a seamless buying experience, robust distribution channels, and extensive marketing opportunities for Kindle authors and publishers as well as people looking to sell physical copies. 

With features like Kindle Direct Publishing and Kindle Unlimited, Amazon has revolutionized the ebook industry.

While eBay also allows book sales, its market share in this specific category is comparatively smaller. eBay’s auction-style format may appeal more to collectors seeking rare or out-of-print editions rather than catering to the broader book-buying market. 

eBay offers a platform for individuals to sell used books or engage in niche book markets, attracting a different customer segment. 

Especially for those of you selling eBooks, the market can be bleak on eBay. 

For sellers looking to maximize their reach and sales potential in the book market, Amazon’s dominant market share and comprehensive book-selling infrastructure make it the preferred platform.

Seller Fees

When it comes to eBay vs Amazon selling fees, there are some notable differences. 

eBay adopts a fee structure based on listing fees, final value fees, optional add-ons, and seller subscriptions. Sellers are charged a fee to list an item, which varies based on factors like the listing format, category, and duration. 

Additionally, eBay charges a final value fee as a percentage of the total sale price (including shipping costs). Optional features, such as promoted listings or additional listing enhancements, also incur additional fees. 

eBay offers different subscription plans, such as eBay Stores, which provide discounted eBay fees and additional benefits for sellers.

On the other hand, Amazon’s fee structure is primarily composed of referral fees and variable closing fees. Referral fees are calculated as a percentage of the item’s sale price (excluding shipping) and vary based on the category. 

Certain categories may have variable closing fees, which apply to media items like books. However, Amazon’s fee structure may vary based on the specific selling plan chosen by the seller, such as the Individual or Professional selling plans.

In general, eBay’s fee structure offers more flexibility and options for sellers, allowing them to choose the features and subscription level that best aligns with their selling needs. 

Amazon’s fee structure is more streamlined but may have lower referral fees in some categories. 

It’s crucial for you to carefully analyze their selling volume, item types, and other factors to determine which platform offers the most cost-effective fee structure for their specific book-selling business.

Fulfillment methods

Amazon provides a comprehensive fulfillment service called Fulfillment by Amazon (FBA). With Amazon FBA, sellers can send their inventory to Amazon’s fulfillment centers, where Amazon takes care of storage, packaging, shipping, and customer service. 

This means that when a book is sold, Amazon handles all aspects of order fulfillment, including picking, packing, and shipping. FBA also offers benefits like Prime eligibility, which can enhance product visibility and customer trust.

In contrast, eBay does not offer a dedicated fulfillment service like FBA. Sellers on eBay are typically responsible for their own order fulfillment processes. This means for eBay sales, the seller needs to handle inventory storage, packaging, shipping, and customer service themselves. 

Sellers do however have the flexibility to choose their preferred shipping methods and carriers.

The key difference is that Amazon’s FBA streamlines the fulfillment process by leveraging its extensive logistics network, allowing sellers to focus on other aspects of their business. In contrast, eBay leaves the fulfillment process primarily in the hands of the sellers.

Ultimately, sellers looking for a simplified and efficient fulfillment process may find Amazon’s FBA advantageous. 

Return and Refund Policy

Amazon has a well-established and customer-centric return policy. It offers a standardized approach, often referred to as the “A-to-Z Guarantee,” which ensures a fair and consistent experience for both buyers and sellers.

Under this policy, buyers can request returns for eligible items within a specified timeframe, typically 30 days. Amazon facilitates the return process, providing prepaid shipping labels and handling the refund once the item is received. 

Sellers are expected to adhere to Amazon’s return policies and may be responsible for covering return shipping costs.

eBay’s return and refund policies are more flexible and customizable. Sellers on eBay have the freedom to set their own return policies, such as specifying return timeframes and conditions. 

Buyers can request returns based on the seller’s stated policy, which can vary from seller to seller

eBay encourages sellers to offer returns and provides guidelines to ensure a positive buyer experience. In case of disputes or issues, eBay provides a resolution center where buyers and sellers can communicate and attempt to reach a resolution.

So while from the POV of the seller, the refund policies of Amazon can be a bit strict, it does ensure that the customer is stress-free and can trust the seller. With eBay, you have a lot more control. 

Safety

If you’re wondering between Amazon vs eBay, which is safer, then Amazon wins again. 

Amazon has strict policies and robust systems to ensure the safety of transactions. It offers features like Verified Rights Owner (VeRO) program to protect against copyright infringement and counterfeit products. 

Amazon also provides seller performance metrics and customer feedback ratings, helping buyers make informed decisions. Their fulfillment service (FBA) offers secure storage and shipping, minimizing the risk of fraudulent transactions.

eBay also prioritizes safety but takes a slightly different approach. It offers seller protection programs, such as Seller Protection Policy, which safeguards sellers against certain fraudulent claims. 

eBay has a feedback system where buyers can rate sellers, providing transparency and helping build trust. However, it’s worth noting that eBay’s auction-style format may have slightly more risk associated with buyer disputes and unpaid items, which sellers need to manage.

Reasons Why Selling Books on Amazon is Better than eBay

Apart from their differences, there are several other reasons why I’m recommending Amazon over eBay. Here’s why. 

• Vast Customer Base

Amazon has a significantly larger customer base compared to eBay. This means a higher potential for book sales and exposure to a larger audience of book buyers. 

It is also popular worldwide and gives you access to a much wider audience. From fiction to textbooks, it doesn’t matter which category you wish to sell in, Amazon has the customers for it. 

This means no matter what you’re willing to sell, you’re way more likely to get more sales on Amazon than on eBay. 

• Book-Specific Focus

Amazon has a dedicated focus on books as a product category. It offers specialized features such as Kindle Direct Publishing (KDP) for self-publishing e-books and Kindle Unlimited for subscription-based reading. 

This focus attracts book enthusiasts and increases the chances of selling books successfully.

And considering people are more likely to look for new books on Amazon, you can get away with higher prices than you would have on eBay. Books sell for more on Amazon. So more profits! 

• Prime Membership Advantage

Amazon Prime members enjoy free and fast shipping on eligible products, which can be a significant incentive for customers to purchase books from Amazon. Selling books on Amazon makes your listings eligible for Prime, increasing the chances of attracting buyers.

• Brand Reputation and Trust

Amazon is a globally recognized and trusted brand. Buyers often feel more confident purchasing books from Amazon due to its reputation for reliability, customer service, and buyer protection programs. This established trust can help boost sales and attract potential customers.

• Enhanced Marketing Opportunities

Amazon provides various marketing tools and opportunities to promote your books, such as sponsored product ads and personalized recommendations. These features increase visibility and exposure for your book listings, improving the likelihood of making sales.

Which books sell most on Amazon and eBay?

The books that sell the most on Amazon and eBay can vary, but some general trends can be observed:

On Amazon

• Bestsellers and Popular Titles: Current bestsellers, popular fiction, and non-fiction books tend to perform well on Amazon due to the platform’s wide customer base and the convenience of purchasing new books.

• Self-Help and Personal Development: Books in the self-help, personal development, and business categories are often in high demand on Amazon as customers look for resources to improve various aspects of their lives.

• Children’s Books: Amazon is a popular destination for purchasing children’s books, including picture books, middle-grade novels, and educational materials.

On eBay

• Collectible and Rare Books: eBay attracts collectors and enthusiasts seeking rare and out-of-print books. Vintage editions, first editions, signed copies, and other unique editions tend to perform well on eBay’s platform.

• Niche and Specialized Books: eBay’s diverse marketplace allows sellers to reach specific audiences interested in niche subjects like specialized hobbies, academic textbooks, or technical manuals.

• Limited Editions and Box Sets: Exclusive editions, limited releases, and book sets can generate interest and demand on eBay among collectors and fans of particular authors or series.

Is Amazon a good place to sell used books?

If you want to build a business selling used books on Amazon, then you can expect to see profits rolling in after a few months. It is an excellent platform to sell used books. 

With a large customer base and a dedicated book category, you have a higher chance of finding interested buyers specifically looking for used books. 

Amazon’s competitive pricing options allow you to set attractive prices for your used books, making them appealing to budget-conscious buyers. 

The Buy Box feature, if you meet the criteria, can significantly boost sales by giving you increased visibility. 

Amazon SEO works with you and not against you and makes it easier for you to rank higher in specific categories to make more sales. 

Is eBay good for used books?

Yes, eBay is an excellent platform for selling used books, including rare books and collectibles. Its marketplace attracts book collectors and enthusiasts who actively seek out unique and out-of-print editions.

Sellers can take advantage of eBay’s specialized categories and listing options to showcase the rarity and collectibility of their books. Furthermore, eBay’s auction-style format allows sellers to generate interest and potentially fetch higher prices for valuable second-hand books. 

Whether it’s a rare first edition or a sought-after collectible, eBay provides a dedicated space for reaching buyers who appreciate the value and significance of these literary treasures.

FAQs

Can I sell PDF books on eBay?

Yes, you can definitely sell your digital books on eBay in PDF format. Just make sure to follow all the regulations eBay has for digital or eBooks. The content of the book must be original and yours. You can’t sell copyrighted or pirated digital books on eBay.

Does Amazon sell books in PDF?

Yes, Amazon sells books in PDF. While PDF is not the primary format for eBooks on Amazon, you can still find some titles available in PDF format in the Amazon Kindle Store. 

Can I sell my book on Amazon and eBay without a publisher?

Yes, you can sell your book on both Amazon and eBay without a publisher. On Amazon, you can use Kindle Direct Publishing (KDP) to self-publish eBooks and paperbacks. On eBay, you can create listings for physical books or use the Digital Delivery system for eBooks. Make sure to follow the platforms’ guidelines and have the necessary rights to sell your book.

How many books need to be sold to be a bestseller on Amazon?

There’s no fixed number to hit when it comes to becoming a bestseller on Amazon. Amazon flags books as bestsellers in different categories. So based on your competition, you can even get the bestseller in that category with just 10 sales in a day. So in each category, that number to hit is different. The time in which you hit those numbers is also important. 

Final Thoughts

While we do suggest Amazon for those of you looking to make profits or make a business out of selling books, eBay isn’t that bad either for individuals. 

If you want to sell old books you have lying around or maybe a rare, signed collectible then eBay can also be a good place for you. 

We hope this guide helped you choose the right platform to sell your books.

The post Selling Books On Amazon Vs eBay: Which is Better? appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

That’s where Poshmark, Mercari, and ThredUP come in. These online resale platforms offer you the opportunity to sell your gently used items and make money while making space for new treasures. 

In this post, we’ll explore each platform’s unique features, benefits, and all their differences.

Poshmark Vs Mercari Vs Thredup: Differences At A Glance

Before we dig deeper, here’s a quick look at what you can get with each platform.

The Similarities of Poshmark, Mercari, and ThredUP

You should also know how these platforms are similar, in case you want to try cross listing on them after reading this post.

• All three platforms allow individuals to sell their pre-loved products online.
• They provide mobile apps for convenient selling and browsing on the go.
• Sellers have the opportunity to reach a large audience of potential buyers.
• All of these platforms are fashion-oriented.
• They offer secure payment options for transactions.
• Each platform has measures in place to protect sellers and buyers.

Poshmark Vs Mercari Vs Thredup: A Full-On Analysis

Now, let’s get into the thick of it, shall we?

Product Specialty

Winner: Poshmark.

Poshmark is a vibrant and bustling marketplace that caters specifically to fashion enthusiasts. It’s the perfect platform for selling your stylish clothes, shoes, and accessories, as it attracts a dedicated community of fashion-forward buyers. 

On the other hand, Mercari offers a broader product catalog that includes not only clothing but also electronics and home goods. 

ThredUP, as a consignment platform, curates a selection of secondhand fashion items, providing a more limited but carefully chosen catalog. 

Since you’re looking to sell clothes and want to tap into a fashion-savvy audience, Poshmark is your best bet.

Prohibitions

Winner: Mercari.

Poshmark has clear guidelines and restrictions on prohibited items, ensuring that only suitable and permissible products are sold on the platform. They have a comprehensive list of prohibited items that sellers need to adhere to. 

Mercari also has guidelines in place, although they are generally less strict compared to Poshmark. 

ThredUP has a curated model that focuses specifically on high-quality secondhand fashion items, so they have more specific criteria for what they accept. Among all three, you need to be aware of this one’s restrictions the most – they won’t even accept Jewelry.

When it comes to prohibitions, Poshmark and ThredUP have more stringent policies, while Mercari offers a lot more flexibility.

Ease Of Use

Winner: Poshmark, Mercari.

Poshmark’s website boasts a sleek and luxurious design, reflecting its focus on fashion. However, the app experience may vary across platforms. 

Mercari, on the other hand, excels in providing a consistent and user-friendly app experience on both iOS and Android. It’s website could use some work, though.

ThredUP’s app and site are visually appealing but can occasionally have minor performance issues. 

Among all three, the Mercari app has the highest ratings (Over 460k+), with ThredUP being the lowest (at 65.9k) – though that’s mostly because of how new the app is, rather than because of any issues. 

Market Reach and Target Audience

Winner: Tie between Poshmark and Mercari. Depends on your products.

Poshmark boasts a large and active user base, specifically interested in secondhand fashion. This makes it an excellent choice for reaching a targeted audience of fashion enthusiasts who actively seek unique clothing items. 

Mercari, with its broader product categories, provides access to a wider audience interested in various items, including clothing. 

ThredUP attracts buyers looking for curated, pre-owned fashion items, offering a smaller but more specific audience. 

Normally, Mercari would win here, as its more diverse selection means more buyers checking it out. 

However, if you want to reach a large and dedicated fashion resale audience, Poshmark is the platform that’ll work out the best for you. 

Community And Social Aspect

Winner: Poshmark.

Speaking of user base, let’s talk about the social aspect of each platform, which gives you an opportunity to engage with users and make a splash on the market, putting your name out there.

Poshmark is the best in this regard, allowing sellers and buyers to interact, follow each other, and engage in community activities. It offers features like sharing listings, participating in Posh Parties, and following other users’ closets. This social engagement fosters a sense of community and can enhance the visibility of your listings. 

Mercari, on the other hand, is more transaction-focused, with less emphasis on social interactions. 

ThredUP has a community aspect to its platform as well, but it’s more centered around sharing the love for sustainable fashion and less focused on direct interactions between users. 

If you value a strong social aspect and enjoy building connections within the selling community, Poshmark offers the most robust social features.

Design and Templates

Winner: Poshmark, Mercari.

Poshmark allows sellers to create visually appealing listings with personalized descriptions and photos, giving them the freedom to showcase their clothes creatively. 

Mercari offers template options to enhance the visual appeal of listings, simplifying the listing process and helping sellers create eye-catching presentations. 

ThredUP provides professional photos and descriptions for items, ensuring a polished and consistent look without requiring sellers to invest much effort in design. 

If you value customization and control over the design of your clothing listings, Poshmark and Mercari provide more flexibility, while ThredUP focuses on providing a consistent and curated experience for buyers.

Pricing and Fee Structure

Winner: Mercari.

Poshmark and Mercari have similar pricing and fee structures, charging a commission on each sale. 

Poshmark applies a low flat fee for sales under $15, but it gets more expensive for higher priced sales, which is likely what you’ll face since good clothes are supposed to sell well. The fee is 20% for anything you sell above the $15 mark.

Mercari utilizes a straightforward flat percentage fee. It usually only takes 10% of most items, with slight charges. Both platforms offer seller protection measures and ensure a secure transaction process.

The most cost effective option is Mercari, needing only a 10% flat fee from most sales, with slight extra charges. 

However, things might be different based on your business model or products.

Poshmark, for one, would be a cheaper option if you’re trying to let go of less well-designed clothes for people with very select tastes.

If you’ve got a decent budget though, and don’t want to bother with handling too many transactions, you can rely on ThredUP – it operates on a consignment model, handling pricing and taking a commission on each sale.

Support and Resources

Winner: Poshmark.

Poshmark offers extensive support and resources to sellers, including tutorials, webinars, and an active community forum. 

The platform empowers sellers with valuable guidance and assistance, ensuring they have the necessary knowledge to succeed. 

Mercari also provides seller support through their Help Center and customer service channels, although it may not offer the same level of comprehensive resources as Poshmark. 

ThredUP provides seller benefits such as professional photography and descriptions, as well as a seller dashboard for tracking sales. 

Poshmark solidly wins in this factor, because of its community. You’ll be able to get more than technical advice from the platform – with everyone being fashion enthusiasts, you can get help on knowing which items of yours will sell the best.

Seller Competition

Winner: ThredUP.

Both Poshmark and Mercari have a significant number of sellers, resulting in competition within the marketplace. 

ThredUP’s consignment model may result in less direct competition among sellers. If you prefer a platform with less direct competition, ThredUP may be a suitable choice. 

However, it’s worth considering that a higher number of sellers also indicates a larger pool of potential buyers actively seeking clothing and other items.

Poshmark Vs Mercari Vs Thredup: Pros And Cons

Now, let’s sum up the pros and cons to top everything off.

Benefits Of Poshmark

• Dedicated platform for fashion and accessories.
• Social networking features for connecting with buyers and sellers.
• Ability to set your own prices and negotiate with buyers.
• Targeted audience of fashion enthusiasts.

Drawbacks Of Poshmark

• High seller fees (20% for sales $15 and above).
• Limited to fashion and accessories, not suitable for other product categories.
• Can be time-consuming to create listings and manage interactions.

Benefits Of Mercari

• Wide range of product categories, including fashion, electronics, home goods, and more.
• Simple listing process and user-friendly interface.
• Lower seller fees (10% of the sale price).
• Quick and easy shipping options available.

Drawbacks Of Mercari

• Less focused on fashion compared to Poshmark.
• May require more effort to gain visibility among a large number of listings.
• Limited seller protection and dispute resolution process.

Benefits Of ThredUP

• Specialized in secondhand clothing and accessories.
• Easy and convenient process for selling items.
• Option to donate unsold items to charity.
• Established platform with a large customer base.

Drawbacks Of ThredUP

• Very selective in the items they accept, leading to potential rejection of common items.
• Lower payout rates compared to other platforms.
• Limited control over pricing and sales process.

FAQs

What is mostly sold on Mercari, Poshmark, and ThredUP?

Mercari and Poshmark mainly focus on fashion and accessories, while ThredUP specializes in secondhand clothing and accessories.

Do people make a living off Mercari, Poshmark, and ThredUP?

Yes, some people can make a living by selling on Mercari, Poshmark, and ThredUP. However, success and profitability depend on various factors, including product selection, pricing, marketing efforts, and overall sales volume.

Who pays more, Mercari or Poshmark or ThredUP?

Mercari does, unless you’re selling basic clothes, in which case the other two might be better.

Final Thoughts

Remember, your platform choice is just the beginning. What matters most is your passion, dedication, and the value you offer customers.

Embrace the excitement of connecting with like-minded individuals and building your brand. Learn, experiment, and adapt to refine your selling strategies. View setbacks as opportunities for growth.

Enjoy the process, cherish connections, and make a positive impact through your products.

Stay genuine, true to your vision, and provide exceptional customer experiences. With these steps, you’ll have the chance to turn decluttering into big bucks by selling your awesome older clothes that no longer fit. 

Happy selling!

The post Poshmark Vs Mercari Vs Thredup: Best Place To Resell appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

So which is the best platform between both, Etsy with its long longstanding reliability or its relatively recent competitor? 

That’s what we’ll discuss in this post – we’ll pit Storenvy Vs Etsy so you can find what’s best for you. 

Storenvy Vs Etsy At A Glance

Let’s start with the basic differences first.

Is Storenvy the Right Choice for Your Business?

It can be, but that depends on your preferences. Storenvy caters to the same audience as Etsy does. 

If you’re a social person, you might be able to make better use of it, thanks to its smaller size. Thanks to this size, you’ll have to deal with less competition and you can grow together with both your buyers and the platform’s seller community.

Pros of Selling on Storenvy

• Niche community of artists and makers.
• Free plan option for budget-conscious sellers.
• Some customization options for your storefront.
• Direct communication with buyers.

Cons of Selling on Storenvy

• Smaller user base compared to Etsy.
• Limited marketing tools and SEO capabilities.
• Reports of challenges with customer service and technical support.

Is Etsy the Right Choice for Your Business?

In most cases, Etsy is definitely the right choice for your business. 

It’s objectively better, though it needs a lot of time to start making profits on it compared to Storenvy, considering the higher user numbers. 

However, when you put in enough time and it does start making profits, you’ll get a lot more from it than you can get from Storenvy. Especially if you’re good with unique crafts that can make you stand out.

Pros of Selling on Etsy

• Large and targeted audience of active buyers.
• User-friendly interface for easy setup and listing.
• Built-in marketing tools and SEO features.
• Established reputation as a trusted marketplace.

Cons of Selling on Etsy

• Increased competition among sellers.
• Complex fee structure (listing, transaction, payment processing fees).
• Limited customization options for storefront design.
• Not as much freedom for selling – too much curation.

Storenvy Vs Etsy: Comparison of Features and Services

Let’s check out the features comprehensively, shall we?

Product Catalog

Winner: Etsy.

Let’s start with the similarities first. 

Etsy specializes in handmade and vintage items, making it the perfect platform for artists like you to showcase your unique creations. Storenvy offers a similar selection, but it doesn’t have as diverse of a catalog compared to Etsy. 

In this aspect, Etsy takes the lead by providing a wider range of products. 

Storenvy still offers a perk – its curation isn’t as strict, allowing you to experiment with different types of products even if you’re not a seasoned artisan.

Ease of Use

Winner: Tie. Depends on preferences.

Setting up your online shop should be simple. Storenvy makes it super easy with a simple and streamlined setup process. You can have your shop up and running in no time.

Etsy, on the other hand, gives you more freedom to customize your shop to match your unique style. 

So, whether you prefer a quick and hassle-free setup or more customization options, both platforms have their advantages.

Market Reach and Target Audience

Winner: Etsy.

Getting your products in front of the right audience is important if you want to actually make sales. 

Etsy has a larger customer base actively searching for handmade and vintage items, which means more potential buyers for you. 

Storenvy is growing but currently has a smaller user base. However, it does provide a supportive artist community that can be a great place for networking and collaboration with fellow artists.

Design and Templates

Winner: Tie. It depends.

Your online shop’s design also plays a big role in attracting customers, especially when you’re selling content people buy based on looks. 

Etsy offers a variety of attractive and customizable shop templates that help you create a visually appealing storefront to complement your handmades.

Even though much of the customizability needs a paid plan, you can still get a lot for free.

Storenvy, while offering fewer template options, allows you to personalize your shop’s appearance using HTML and CSS. 

This gives you more flexibility to showcase your unique brand, especially if you’re tech-savvy.

Overall, both platforms are equally customizable.

Website Design

Winner: Etsy.

The way platforms present themselves matters when you’re trying to make your products look good to customers.

Etsy stands out more when it comes to design. Its homepage features cleanly arranged tiles, displaying handpicked items to make the page as attractive as possible and encourage buyers to dig deeper. And it works well in that regard.

However, there is one downside to how its homepage is designed: if you’re selling general creative items like artworks or custom clothing, your item is less likely to be shown.

Etsy’s homepage is better suited for more niche items such as Unique Gifts for Dads, Outdoor Entertainment Items, Wedding Gifts, and other kinds of gifts.

Storenvy is a better option if you would like the opportunity for your artwork or handmade clothing to appear on the homepage. However, it isn’t the best compared to Etsy. Storenvy has a somewhat generic look and lacks curation on what appears on its homepage. 

So, both options have downsides, but Etsy provides more overall benefits, especially if you can make its niche preferences work.

Pricing and Fee Structure

Winner: Storenvy.

Think of your budget and the long term financial impact on your business.

Etsy charges various fees, including listing fees, transaction fees, platform fees, and payment processing fees. 

These fees can impact your profitability, especially if you have a high volume of listings or sales.

On the other hand, Storenvy operates with a different fee structure. It does not charge listing fees but instead takes a commission on each sale. 

This means that you only pay fees when you make a sale, which can be advantageous if you have a lower sales volume or want to avoid upfront costs.

So, between both, Storenvy can be more cost-effective; you’ll only have to pay fees when you make a sale. It doesn’t even have any extra Pricing plans; you get everything for free. 

And Etsy has its Plus plan, which locks a lot of advanced features behind a paywall.

Support and Resources

Winner: Tie. It depends.

Having access to support and resources can make a big difference. 

Etsy has a thriving seller community with extensive resources, tutorials, forums, and educational content. As an Etsy Seller, you can benefit from the collective knowledge and experiences shared within the community, gaining valuable insights and guidance.

Storenvy offers a dedicated support team that provides personalized assistance and guidance to sellers. If you encounter any issues or have questions about the platform, the support team is there to help you navigate through challenges.

Etsy places a strong emphasis on fostering a robust community where sellers can connect, share information, and learn from each other. In contrast, Storenvy focuses on providing direct and personalized support through their dedicated team.

The right option between the platforms might depend on you, based on your preferred learning style.

Seller Competition

Winner: Storenvy.

So, how many sellers do you have to put up with when you’re trying to sell off your items?

Etsy has a larger user base (over a whopping 92 million active buyers), naturally resulting in higher seller competition. 

While this means more competition from other sellers, it also offers access to a larger pool of potential buyers seeking handmade and vintage products.

Storenvy has a smaller community size, which means relatively less competition among sellers. 

This can create a more closer-knit and supportive environment, fostering collaboration and camaraderie among sellers.

Discoverability and SEO

Winner: Etsy.

Being easily discoverable by buyers in both platforms, as even a smaller option like Storenvy can have a sea of products that can make it hard for you to stand out. 

Etsy has a strong search engine optimization (SEO) system that makes it easier for your products to be found within the Etsy marketplace and through search engines like Google. 

Storenvy is working on improving its SEO capabilities but currently lags behind Etsy SEO. The latter is also great for discoverability because of that, especially since it also has its own official Etsy Ads system. 

So, Which One Is Worth It: Etsy or Storenvy?

Which one will end up being your online storefront, then? Here’s our suggestion:

If you’re looking for a platform that caters specifically to artists, designers, and makers, and offers a truly free experience (besides sale fees), Storenvy might be the better choice. It provides a niche community and customization options for your storefront.

On the other hand, if you want to reach a larger and more diverse audience with built-in marketing tools and a trusted reputation, Etsy is a solid option. It has a massive user base actively searching for unique handmade and vintage items.

FAQs

Can you dropship on Storenvy and Etsy?

Yes, both Storenvy and Etsy allow dropshipping. However, it’s important to comply with their respective policies and guidelines for dropshipping.

Where is Storenvy based?

Storenvy is based in Chico, California, United States.

Where is Etsy based?

Etsy is based in Brooklyn, New York, United States.

Where are most of Etsy’s customers located?

Etsy has most of its customers located in the US, UK, Australia and Canada. (Source: SimilarWeb)

Where are most of Storenvy’s customers located?

Storenvy, being newer and smaller, only has a notable presence in the US, though it has been growing in Canada lately. (Source: SimilarWeb)

Is Storenvy free or does it have plans?

Exactly what it says on the tin – the platform is fully free, no plans or subscriptions needed.

Final Thoughts

Hopefully this post cleared things up for you.

To make the right choice, think of your target audience, budget, customization needs, and desired level of community engagement. Consider your business goals and preferences to make a good decision. 

Both platforms have their unique strengths, so choose the one that aligns best with your specific needs.

Remember, you can always start with one platform and expand to the other if you find success or see an opportunity. 

The possibilities are endless, and the key is to find the right strategy for your business and maximize your chances of success in the online marketplace. Good luck!

The post Storenvy Vs Etsy: Where To Sell Your Crafts appeared first on Hot Side Hustles! Easy Side Business That Actually Work.

Setting up an Amazon business plan seems to be one of the best ways to get some passive income going, whether you’re doing a side hustle or considering it full-time. 

But you’re not the only one trying to do so. With thousands of people going into the FBA business, has it become too hard? Let’s find out. 

Is Amazon FBA Hard to do?

Truth be told, yes Amazon FBA is pretty difficult to do, at least at the beginning. But that goes for any business. Regardless of what you want to do, if you’re planning on being successful, you have to put in the hard work. 

But that shouldn’t discourage you from starting at all. Once you get your business on the ground and build up a good foundation, it gets easier and easier down the line. 

Years down the line, you can enjoy the perks without having to put in as much effort. But it’s the first hurdle that a lot of people never end up getting over. 

So even if it’s hard, we suggest you stick to it. With the right techniques and strategies, over time you will find it very worth it to be a FBA seller. 

How long does it take to break even on Amazon FBA?

Considering the investments required to start your business on Amazon FBA are a little high, it can take a little time to break even. Most sellers take about 4-6 weeks before they start to break even and see any revenue come in. 

But after that, expect to see your profits increase little by little. The more you invest, the more your profits will eventually rise. You can choose to take the FBA profit to yourself, but it’s wiser to invest a portion of it back into the inventory. 

Amazon FBA Requirements: What it Takes To Start 

By now, you’re probably convinced that this hustle is worth dabbling in. Let’s go over a beginner’s guide to the Amazon fulfillment center and how you can get started with your seller account. 

Here’s what you will need to start your FBA business. 

Seller Account

The first thing you’re gonna need is a seller account. This is different from your regular Amazon account that you might use to order things. For seller registration, Amazon will ask you for the following: 

• Bank account details
• Chargeable credit card number
• National ID details
• Tax Information
• Contact number

So keep this information ready, before you start registering. You’ll also need to select your selling plan. 

If you’re just starting and don’t have a lot to sell, then you can start with the Individual plan which will cost you 0.99 USD per sale. But if you can sell more than 40 items per month, you can pay 39.99 USD per month with the Professional plan, regardless of how many items you list. 

Selecting a Niche

Your niche market can make or break your business. Especially for beginners, Amazon product research is vital. 

You have to find the right balance between a product that has demand, but at the same time isn’t already so available that you have no chance of making a sale. 

Most products that do well are already out there. You don’t necessarily have to come out with a completely new and unique product that there is no market for. 

Instead, what you can focus on is a specific feature or presentation that will make your product stand out from the crowd. Amazing quality is always a good way to rank at the top of the thousands of product searches on Amazon every day. 

Sourcing Inventory

There are several different ways to find things to sell on Amazon FBA. Once you’ve done sufficient product research into the market and have decided on what you want to focus on, you can start contacting other wholesalers, or B2B marketplaces like Alibaba. 

You can sell private-label items or thrift items as well. 

From Alibaba to eBay, there’s a whole world of options out there. You can even make items yourself. 

Whatever the case, this is the part where you will need the highest investment. You have to ensure that your products are of good quality. 

And that’s pretty much all you need to get started. You can now start listing items from Seller Central and be on your way to making money. 

Pros of Doing Amazon FBA

Let’s compare the pros and cons of Amazon FBA before you can think of investing. Here are some of the advantages of Amazon FBA

• Increased Reach and Exposure: 

Amazon is one of the largest online marketplaces globally, providing sellers with access to millions of potential customers. By using FBA, your products become eligible for Amazon Prime, which can attract more customers and increase your sales.

• Prime Eligibility and Trust: 

When you opt for FBA, your products are fulfilled by Amazon. This means they are eligible for Prime’s fast and free shipping, which is highly valued by Amazon customers. Prime eligibility can enhance customer trust, leading to increased sales and higher conversion rates.

• Efficient Order Fulfillment: 

With FBA, Amazon takes care of order fulfillment, including picking, packing, and shipping. This allows you to focus on other aspects of your business, such as product sourcing, marketing, and customer service. It saves you time and effort, especially during peak periods or when dealing with a large volume of orders.

• Warehousing and Inventory Management: 

FBA provides storage space for your inventory in Amazon’s fulfillment centers. This eliminates the need for your warehouse and reduces inventory management complexities. Amazon handles inventory tracking, restocking, and even customer returns, streamlining your operations.

• Customer Service and Returns: 

Amazon’s customer service team manages inquiries, feedback, and returns on your behalf. This ensures professional and reliable customer support, which contributes to a positive buying experience for your customers.

• International Expansion:

FBA offers opportunities to sell your products in various Amazon marketplaces worldwide. You can easily expand your business to new countries and tap into international customer bases, leveraging Amazon’s infrastructure and logistics capabilities.

Cons of Doing Amazon FBA

While Amazon FBA offers several benefits, there are also some potential drawbacks to consider:

• Costs: 

Utilizing this feature involves FBA fees for warehousing, picking, packing, and shipping, which can eat into your profit margins. It’s important to carefully calculate these costs and assess their impact on your business’s financial health.

• Increased Competition: 

FBA is a popular choice for many sellers, resulting in increased competition within the marketplace. With numerous sellers utilizing similar fulfillment services, it can be challenging to stand out and differentiate your products from competitors.

• Amazon’s Policies and Algorithm Changes: 

Amazon frequently updates its policies, algorithms, and ranking systems, which can have an impact on your business. These changes might require adjustments to your strategy, product listings, or advertising campaigns, and it can take time and effort to adapt to the evolving Amazon ecosystem.

How Much Can You Earn With Amazon FBA?

How much you can make with Amazon FBA is dependent on how you run your business. With the right tactics, however, you can make a lot of profit. Most sellers see at least 1000 USD/month if not more. About 45% of them make 1000 to 25000 USD per month, and 25% make 25K- 250K USD per month. 

As you can see the range is quite wide. This just proves how important it is to stand out in this market and put in hard work to make the business grow. If you want to just use this as a side hustle and don’t have a lot of time to invest in this, you might never see these numbers. 

But the more time and effort and most importantly knowledge you sow into Amazon, the more profits you can expect to reap. 

So, Is Amazon FBA still profitable in 2023?

Yes, even in 2023 Amazon FBA is still profitable. Despite the competition growing exponentially, you have to realize that the business itself is growing just as rapidly. Even if you can make a small percentage of profits, you’re doing pretty well off. 

However, don’t expect to become a millionaire overnight. You will face plenty of obstacles in starting your business. Just like with any other business, it can be difficult to start but it gets easier down the line. 

Experiment and invest wisely to see what works for you.

FAQs

Can you make a living off FBA?

Yes, it is possible to make a living off of Amazon FBA. Many people have built successful businesses using the Amazon FBA platform. However, the level of success and income you can generate will depend on several factors, such as your product selection, marketing strategies, competition, and overall business acumen.

What is a good net profit for Amazon FBA?

If you’re making anywhere from 15 to 25% net profit from Amazon selling, then you’re good. If you go over 25%, then it’s amazing, but being under 8% can be a sign of concern. If you’re doing badly, consider changing your business tactics. 

Can I become a millionaire with Amazon FBA?

While on paper, it is possible for you to become a millionaire through FBA alone, you need to be a little more realistic when setting your business goals. There’s a lot of competition out there, and it can take ages for you to make that much profit. But it’s not impossible. 

How often does Amazon FBA pay you?

Depending on how much you’re making, Amazon will usually pay you every two weeks. This can however vary if you’re not making any profits and don’t have any revenue in the very beginning. 

Who pays for shipping to FBA?

FBA shipment fees are handled by Amazon or the customer. You don’t have to pay for it. That’s the best part about FBA. Amazon handles all the FBA  shipping, packing, and delivery for you. You will however have to pay seller fees.  

Final Thoughts

Amazon FBA is very hard to start, especially if you’re not already in a great position financially. A lot of people give up at the stage of just managing the funds, to begin with. 

But if you can push through and build a strong business model, you will most likely start to see profits soon enough.

Any business is hard, and Amazon FBA is no different. So instead of getting discouraged by it, you should take this up as a challenge and consider building something of your own. We hope this guide helps you in your journey!

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