eBay Alternatives

eBay is one of the most successful and renowned e-commerce sites on the Internet. It allows individuals and businesses to buy or sell products on it. Many alternatives for eBay are available if you want to switch from eBay. Alternatives for eBay are described below:

1. Amazon

Amazon once operated as an online bookstore that dropshipped a large number of its inventory. It is one of the most popular websites in the world, which provides millions of items in a variety of categories. Amazon offers a huge customer base, which can be advantageous for your company. Amazon is similar to eBay; they both offer a wide variety of product categories.

Few Details of Amazon:

1. Founded: July 5, 1994
2. Founder: Jeff Bezos
3. Area served: Worldwide
4. Key people: Jeff Bezos, Andy Jassy
5. Revenue: U.S. $ 469.822 billion
6. Number of employees: 1,544,000

Pros:

1. Provides a large customer base
2. Allows you to list for free
3. A great option for big sellers
4. More than 240 million people use Amazon worldwide.

Cons:

1. Higher costs
2. Tough competition

2. Etsy

This focuses on selling handcrafted goods, craft supplies, and antique products. These products fall under a variety of categories, like jewellery, bags, apparel, home furnishings and décor, toys, and tools. Etsy started as an online platform for crafters, artists and antique enthusiasts. To open a store on Etsy, you need to create and publish at least one listing, which costs $ 0.20. Each listing will stay on the store's page for a maximum of four months.

Customers can enter a "product description" in the search field on the homepage, or, alternatively, customers can "browse" through a list of options on the left side of the homepage that includes art, gift ideas, home & living, women, men, jewellery, kids, vintage, weddings, trending items, craft supplies, and mobile accessories. When a customer finds an item they want to purchase, they can click on "Add to Cart," which adds that item to the virtual "Shopping Cart."

Few Details of Etsy:

1. Founded: June 18, 2005
2. Founders: Robert Kalin, Jared Tarbell, Haim Schoppik, Chris Maguire
3. Headquarters: Brooklyn, New York, U.S.
4. Key people: Josh Silverman (CEO)
5. Revenue: U.S. $ 2.33 billion
6. Number of employees: 2,402

Pros:

1. Charges only $ 0.20 per product for listing
2. A fantastic online store to offer vintage and handcrafted goods
3. Allows listings for a maximum of four months.

Cons:

1. Niche-specific market
2. Fewer users than eBay

3. Bonanza

This is a rapidly growing online market. Many vendors profit handsomely from Bonanza. There is no listing cost for sellers on Bonanza, but it charges a 3.5 % closing fee for sales under $ 500. Bonanza features a live chat option that enables vendors to interact with potential customers. Bonanza is the best platform for people who have products to offer online. Bonanza offers really useful advice for attracting customers to its site. Home & garden, women's fashion, health & beauty, and collectables are a few of the most profitable categories in Bonanza.

Pros:

1. Sells a variety of items
2. Provides transparent communication
3. Does not impose any fees for listing items

Cons:

1. Less number of customers
2. More suitable for unique items

4. eBid

This is another online market that is similar to eBay. You don't have to spend anything to list an item on eBid if you are the starter. It charges a 3 % commission. A SELLER+ account is also available for a one-time payment of $ 99.98. Auction style format is provided by eBid for product listings. This platform has a wide range of goods. Because of its free listing cost and cheap commission, eBid is a preferable option for sellers wanting to enter into the low-risk market. You can sell a variety of things on eBid, including DVDs, craft supplies, books, and toys.

Pros:

1. Does not charge any fees for displaying products.
2. Low-risk market.
3. Only 3% commission, which is comparably very low.

Cons:

1. Lower traffic
2. Generally limited reach

5. eCrater

eCrater is a 100 % free online market. It provides a number of ready-made templates that can be useful for creating a stunning store. If eCrater helps you make a sale, it keeps 2.9% of the total.

Pros:

1. Offers a large number of ready-made templates
2. 100% free online market
3. Charges just 2.9% of the item's total cost

Cons:

1. You may have to spend a lot of money on marketing.
2. You are responsible for attracting customers to your store.

6. Newegg

This is among the top online marketplaces. Its headquarter is in California, and it has distribution centres all around North America and Canada. Newegg offers a huge customer base. You can sell electrical gadgets, memory, P.C. cooling, gaming goods, and computer cases on this platform.

Few Details of Newegg:

1. Founded: 2001
2. Founder: Fred Chang
3. Headquarters: California, U.S.
4. Area served: Worldwide
5. Key people: Anthony Chow, Zhitao He
6. Revenue: U.S. $ 2.38 billion
7. Number of employees: 2,205

Pros:

1. Present in more than 50 countries
2. Various membership options are available
3. Providing a fulfilment service

Cons:

1. Only offers technological items

7. Ruby Lane

Ruby Lane is created to connect sellers and purchasers of jewellery, artwork, and antique items. Items are sold at fixed pricing in Ruby Lane stores. Ruby Lane is particularly famous in the US, Canada, Germany, UK, and Australia. There is no commission fee. However, you will have to pay $ 0.19 for each listing. Additionally, it charges maintenance fees of $ 69 for small sellers and $ 0.01 for large merchants for each item. There are 2,000 active store owners on Ruby Lane, and they sell items worth $ 125,000 daily. If you focus on clients, which are ladies over 40, this is a perfect ideal platform for sellers to sell antiques, collectables, art, and jewellery.

Few Details of Ruby Lane:

1. Founded: 1998
2. Headquarters: San Francisco
3. Key people: Tom Johnson

Pros:

1. Significant global reach.
2. This is a set-price marketplace.
3. Focuses on a certain market of antiques, artwork, jewellery, vintage items, and other things.

Cons:

1. The overall cost seems a little high.

8. Walmart

This is a famous substitute for eBay. This is among the biggest retailers on the planet. You can list and sell goods on the Walmart marketplace. The user has no need to pay setup or maintenance costs. Users have to simply pay an 8-20 % referral fee for successful sales.

Few Details of Walmart:

1. Founded: July 2, 1962
2. Founder: Sam Walton
3. Area served: Worldwide
4. Headquarters: Bentonville
5. Number of locations: 10,586
6. Key people: Doug McMillon, Greg Penner
7. Revenue: US$ 572.8 billion
8. Number of employees: 2,300,000
9. Owner: Walton family (50.85 %)

Pros:

1. Free and very simple to set up
2. Does not charge setup or maintenance costs

Cons:

1. Low online sales

9. Rakuten

This is an excellent platform for businesses with well-known brands. This is referred to as the Amazon of Japan. It is a more conventional online store. There are already a few well-known companies utilizing Rakuten, such as Dell, Lenovo, Office Depot, Airweave, and Dyason. It features top-notch selling tools and assistance. The monthly seller fee for Rakuten is $ 33. Despite the high cost, Rakuten is a nice substitute for eBay.

Few Details of Rakuten:

1. Founded: February 7 1997
2. Founder : Hiroshi Mikitani
3. Headquarters: Setagaya
4. Number of employees: 18,364
5. Key people : Hiroshi Mikitani
6. Revenue: ¥1,681.76 billion

Pros:

1. Gives retailers the option to personalize their stores.
2. This offers numerous options to properly customize your store.

Cons:

1. High fees

10. Craigslist

There is no listing cost for sellers on Craigslist. It gives retailers the option to personalize their stores. For local vendors that want to handle their own transactions then, Craigslist is the greatest option for them. You can sell a variety of things on Craigslist, including tools of various kinds, kitchen appliances, electronics, and bicycles.

Few Details of Craigslist:

1. Founded: 1995
2. Headquarters: San Francisco
3. Key people: Jim Buckmaster
4. Revenue: US$ 694 million
5. Employees: 50

Pros:

1. Does not impose any fees for listing items.
2. It features a "Free" section where users can get rid of items they no longer want.

Cons:

1. Scammers frequently use this platform.