Meranda Devan HER Business

Start Making Money With Your Skills – Where To Sell Your Products Online

You have a talent, and its about time you made some money with your skills. Where can you sell?

 

Here are some questions many have asked, and some options for you to investigate:

Question: Who is eBay’s biggest competitor?

Top EBay Competitors
  • Amazon.
  • Alibaba.
  • Walmart
  • Priceline.
  • Rakuten.
  • Zalando.
  • Groupon.

Question : How can I make money selling things online?

There are two main avenues for selling your stuff online: marketplaces like Etsy, Shopify, eBay or Amazon and a website you create. A combo of the two is also a possibility. Marketplaces are usually easier and faster for starting your business, but they also charge transaction fees that can eat into your profits.

Question – Is Mercari better than Bonanza?

According to some, here is how they rank. As for website marketplace ranking: Amazon comes in first place, eBay in second place, Mercari comes in third place and Bonanza in fourth place.

Question – How does Etsy compare?

Etsy.com has been on the web since 2005 and currently has 2.3 million active sellers and 42.7 million active buyers. The site offers over 60 million items for sale. .

Question : What can I use instead of eBay?

Best eBay alternatives
  • Amazon.
  • Etsy.
  • Bonanza.
  • eBid.
  • eCrater.
  • Facebook Marketplace.
  • Newegg.
  • Ruby Lane.

Question : Does Amazon sell used?

Amazon only allows certain categories of products to be listed as “used,”. You can’t just sell anything and everything that is used or preowned.

Question: How Can I Sell Homemade Successfully:

6 Tips to Sell Handmade products
  1. Keep consistent. When handcrafting a product, consistency can be a challenge. …
  2. Offer a variety. Get your product in front of as many people as possible and offer a variety of options within your specific line of products. …
  3. Sell locally. …
  4. Focus on SEO. …
  5. Have great photography. …
  6. Be passionate.

Question : Do I have to pay taxes on handmade items?

No, but according to the IRS, if you make income from selling items at a craft fair, whether it’s a hobby or your primary business, you are required to report the income on your tax return. –Do I Have to Charge Sales Tax at a Craft Fair?

Question : Is it cheaper to sell on Amazon or Etsy?

Amazon charges a hefty referral fee for each product sold, so if you’re going to sell on Amazon, sell at a higher cost than you would on Etsy.

Question : How much does Etsy take per sale?

Once an item sells, there is a 5% transaction fee on the sale price (including the shipping price you set). If you accept payments through Etsy Payments, they also collect a 3% + $0.25 payment processing fee when an item is sold.

Question : How much money can you make on a hobby before paying tax?

$3,040 is the amount of hobby expenses you can deduct as an itemized deduction provided you had at least $4,000 in hobby income. – Turbo Tax

Question: What is Spoonflower?

SpoonFlower has a more specific niche. The online platform allows designers to create their own patterns for things like fabric, wallpaper and gift wrap. Designers can then sell the fabrics they’ve designed or use them to create other handmade items.

Sites Other Than Etsy To Consider:

1. Shopify

Visit Shopify here

1. Shopify gives you a website builder with hundreds of templates. You can customize it with your brand’s specific logos and images, videos, and text.

2. Many people say it is the most user-friendly site for beginners to manage. ( this includes me! I need things easy! )

3. The Basic Shopify plan starts at $29 per month, plus 2.9% and $0.30 per transaction for online payment processing. But, can start with Shopify Lite at just $9/month. With Shopify Lite, it does not allow you to create your own online store, but, it does provide you the ability to sell on Facebook, or on your website. For those looking for an alternative to Etsy, you can upgrade to the Basic Shopify plan to make the most out of a selling platform.

2. Handmade at Amazon

 

Handmade at Amazon might be your Etsy alternative. Here are some reasons you may need to consider:

1. Amazon has features like fulfillment by Amazon and Amazon sponsored ads.

2. It is not so easy to get approved. In order to sell on Amazon Handmade, you need to apply for an account. Then, its a waiting game. You are sitting and waiting for them to decide if you’ll be approved or not. It’s not as easy as just signing yourself up, and then adding products. It could even take a few weeks for the process to see a completion.

3. Listing products is free, and when you make a sale, they will deduct a 15% referral fee. A professional selling plan costs $39.99 per month for an Amazon seller, although this monthly fee is waived for approved applicants in the program after the first month.

4. See if your category fits in with their parameters – Handmade products include Artwork, Baby, Beauty & Personal Care, Clothing, Shoes & Handbags, Home, Outdoor & Home Care, Jewelry & Watches, Kitchen & Dining, Pet Supplies, Sporting Goods, Stationery & Party Supplies and Toys & Games.

5. Look through this category – Handmade on Amazon

 

3. Sell With Bonanza

Bonanza is another Etsy alternative that offers a large marketplace with the opportunity to build a stand-alone online store.

Like Etsy, Bonanza gives you the option to sell on their platform for free, only charging their 3.5% selling and advertising fees after you make a sale.
Again, Bonanza has low fees that only apply at point of sale, so this may keep your costs low as you start your store.
If you opt for a membership plan, which offers greater selling and promotional features, these plans start at $25 per month.

Marketing – A PLUS!

Bonanza automatically sends listings to Bing and Google Shopping. This allows you to have more exposure through advertising their listings in other channels.

Sellers who move to Bonanza tend to say that exposure was a primary driving factor.

At 1300:1, the ratio of buyers to sellers on Bonanza is much higher than eBay. This might allow you to see less competition between sellers and more chances for buyers to notice your products.

Bring your ebay rating with you -The best thing about Bonanza is that you can bring your eBay reputation with you. If you have credibility, show it off on your day-old Bonanza page.

Here are some challenges:

  • The design tools at Bonanza for customizing your standalone online store are more limited and less user-friendly.
  • Bonanza is not yet a household name.

 

What do you think? Is 2022 the year you plan on starting a business for yourself?