In the world of retail, the keyboard is king, and in case you haven’t realized it, more and more people are buying their products through online selling sites or auction based platforms. These sites present a number of benefits if your looking in the right place. Not only can you buy stuff super cheap, but some sites allow you to create a great second income by selling your own products or creating an online business geared around having established drop shippers throughout the country who ship the products you sell for you. Like every other online selling site however, some come and some go, so we have created our top 5 picks for 2013.
The Cash Cows
Of course, we would be idiots if we didn’t mentioned the big honcho’s themselves, online selling sites Amazon and Ebay, which are some of the best auction sites to sell on. A constant power struggle has emerged between both of these platforms, but Amazon will no doubt always beat out their competition in gross sales. 43 Billion dollars last year alone that is. I have used Amazon in both consumer and commercial settings. I have sold several products on my own and through a business store. You may not know this, but Amazon gives you quite a few different ways to make money through their site. You can set yourself as a regular seller, a merchant, a commercial business, and even a publisher – meaning you can make commissions by helping other companies sell their own products. It really doesn’t matter what type of niche you have, if you can’t sell something here, then you really shouldn’t be trying altogether.
As mentioned before, most people who aren’t fans of Amazon will undoubtedly look to buy their online products through Ebay. The intrigue of this site is much different than Amazon. Rather than buying your products right out, which most online selling sites promote, this platform is setup to allow buyers to get their products through an auction based buying system. Listings can be set up a couple different ways. You can sell products with a “Buy It Now” button, meaning you can establish a sell price you a will to take for the product, or you can set a minimum price and let the listing go to auction for how ever long you specify. A lot of people use this site to clear out their old inventory or junk in their homes, but again this is another source you can use to establish a pretty lucrative business. There are a lot of great features in seller tools on Ebay, and depending on the level seller account you establish, you will have access to a variety of different advertising potentials, themes, and analytics to help you sell more.
A List Of Online Selling Sites You May Not Have Heard Of
Nope it’s not ebay, but I would say the marketing is pretty close. Auction sites are becoming all too familiar, and it really becomes hard to weed out the real players from the fly-by-night operations. EBid actually has a pretty strong structure. I find this site a bit easier to navigate than Ebay, and you may find that selling your products here gives a bit more of a competitive edge since Ebay is very overpopulated and their is a lot more competition to consider. It is just as easy as Ebay when it comes to buying and selling, but keep in mind you will have less seller tools available to you.
Ok, so the guys who came up with this site are simply geniuses. Take a look around the site and you will see what I mean. Although it appears like a regular auction site from the homepage, you will quickly learn it is a penny auction, and the rules are quite a bit different than most online selling sites. Traditional auction sites use incremental bids (1.00, 1.50, 2.00, and so on). What makes Quibids different than any of the other online selling sites featuring an auction style of buying goods, is that rather than having members bid whenever, and only pay once you have won the bid, you purchase bidding packages ahead of time. These packages are equivalent to 60 cents per dollar spent. However, when you bid your pennies, keep in mind that if you lose the auction, you don’t get those pennies back. Sort of a gamble if you look at it, but most people who bid on these items are planning on buying them anyways, and if you don’t win, your bids still go towards purchasing that product outright. Take a look at their site and play around a bit. If you have products to sell on this site, you can potentially do very well. Getting great deals requires a bit of skill and really good timing, but it definitely pays off.
Believe it or not, BN.com now has their own marketplace which allows sellers to engage with buyers in a similar platform to Amazon. They are still new to the game, but they have a huge following, and you can easily market your products in a wide range of categories.