I have been selling on EBay for a little over two years now and have been working to build my business. I have had some success in listing and selling more items. I am not one of the long time sellers who have seen all the changes that EBay has made over the years but I have been around for some of the discouraging changes. Most notably their change to the feedback system. I am happy to report that since the feedback change (where sellers can only leave positive feedback and buyers can leave negative, neutral or positive feedback) I have not been bitten by an unreasonable buyer but I do still disagree with the change and may have to deal with the consequences in the future.
I have read some of the comments of frustrated EBay sellers who think that EBay charges too much for their services. I can't say that EBay is being greedy, I don't know what their operating costs are, but I can say that it is difficult to move product consistently for much of a profit. I try to make a 30% margin on my items. Sometimes I make more sometimes less but 30% is my target.
If you are cleaning out your garage and selling your used items it is pretty easy to make a "profit." If, on the other hand, you are purchasing items to sell your cost of goods sold increases dramatically and your profit margin drops proportionally.
Everyone may not agree with this assumption but I believe that EBay shoppers are not shopping on EBay because of the convenience of shopping on line. They are shopping on EBay because they want a really great deal. That means for a seller to be really successful they have to be able to offer an item at a lower than retail price including shipping cost. This is no easy task. I sell mostly apparel and I have found that the item must be marked down 75% or more in order for me to make a suitable profit. And if it is only 75% off I had better be sure that it will sell quickly.
With all that said, EBay has allowed me the opportunity to make a partial income from my home working completely flexible hours. For that I am grateful. But I believe that I would be remiss in my duties as an emerging entrepreneur if I just blindly went on selling on EBay without exploring other venues. There is a saying about eggs and baskets that seems applicable here. So my intention is to explore other options and see where this takes me.
I have put some of my listings out on a site called Wensy.com. There are no listing or final value fees. On average I am able to offer items for $2.00 less in my Wensy Store than my EBay Store. Wensy.com is linked with Pay Pal so buyers can easily pay for items just like they do for EBay purchases. Of course not that may people have heard of Wensy.com but their member list is growing and hopefully will continue to do so.