Why is ebay so expensive to sell on for??

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Why is ebay so expensive to sell on for??


I call it feebay?
#ebay #expensive #sell
  • Profile picture of the author GeorgeSandefur
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    • Profile picture of the author ripley607
      Originally Posted by GeorgeSandefur View Post

      Yes ebay is expensive for selling products here, but it is expensive only for free some categories lies on selling of cars, tractors and other four wheeler vehicle. Since ebay not too expensive for other product, it is profitable to stay alive, as it would charge in flat rate for a sellers store depending on resources on how to maintain it, and final value should be casual.
      WTF???????
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  • Profile picture of the author OnlineStoreHelp
    Originally Posted by Michael75065 View Post

    Why is ebay so expensive to sell on for??


    I call it feebay?
    eBay and Amazon run about the same cost to sell, usually around 15% of gross.

    The reason it is expensive? Scale. It automatically puts you in front of millions of buyers on a daily basis.

    Network effect - Wikipedia, the free encyclopedia

    It's the Network Effect...
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  • Profile picture of the author PBScott
    They are a for profit business, who has done enormous amounts of research based on maximum profitability.

    That is likely for them the most profitable set of fees they can charge.

    Your solution would be to either increase your selling price, or leverage your free sale customers off ebay and onto your own website for their next purchase.

    Personally I found it was not worthwhile for us to sell on ebay.
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  • I've never understood why people would stay away from eBay 'because of the fees'

    I mean, let's look at some stats.

    eBay has been around since 1995.

    It survived an insane time in the tech industry, notably the dotcom bubble burst - as one of the dominating success stories.

    They bring in over 16 BILLION dollars in revenue. They are close to the top 25 sites in the WORLD as far as traffic goes with a central purpose of SELLING items ONLY. Not streaming video, not selling apps, not promoting digital music or TV shows- Selling PRODUCTS.


    Additionally, eBay gets around 90 MILLION unique visitors a MONTH.

    Essentially, when you sell on eBay, you're basically asking eBay: "eBay, can you position me at the corner of a busy street in front of people BEGGING to buy my products?"

    All they're asking in return is for payment on all the hard work they've done FOR you - IF you sell your products successfully.

    They have that leverage because they have worked for it, and they have the customers FOR you already.

    Are the fees to high? Nope.

    Otherwise you'll be spending WAY more than 15% on Adwords clicks per sale.

    Way more than 15% in time writing content for SEO.

    Way more than 15% in opportunity cost wasted getting your traffic at those levels

    There is no such thing as 'free' traffic. And what you lose by not tapping into a rich source of marketing ALREADY done for you would be a waste.

    -Auction Debt Eliminator-
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    • Profile picture of the author Importexport
      Originally Posted by Auctiondebteliminator View Post

      I've never understood why people would stay away from eBay 'because of the fees'

      I mean, let's look at some stats.

      eBay has been around since 1995.

      It survived an insane time in the tech industry, notably the dotcom buubble burst - as one of the dominating success stories.

      They bring in over 16 BILLION dollars in revenue. They are close to the top 25 sites in the WORLD as far as traffic goes with a central purpose of SELLING items ONLY. Not streaming video, not selling apps, not promoting digital music or TV shows- Selling PRODUCTS.


      Additionally, eBay gets around 90 MILLION unique visitors a MONTH.

      Essentially, when you sell on eBay, you're basically asking eBay: "eBay, can you position me at the corner of a busy street in front of people BEGGING to buy my products?"

      All they're asking in return is for payment on all the hard work they've done FOR you - IF you sell your products successfully.

      They have that leverage because they have worked for it, and they have the customers FOR you already.

      Are the fees to high? Nope.

      Otherwise you'll be spending WAY more than 15% on Adwords clicks per sale.

      Way more than 15% in time writing content for SEO.

      Way more than 15% in opportunity cost wasted getting your traffic at those levels

      There is no such thing as 'free' traffic. And what you lose by not tapping into a rich source of marketing ALREADY done for you would be a waste.

      -Auction Debt Eliminator-
      What an excellent reply ADE.

      Once people get their head around what you are saying they will appreciate that the fees amount to quite a low cost considering the enormous marketing value that they get for those fees.

      They might also then give some thought to buying profitably rather than barely getting by on the crazy low margins that most seem to aim for. Profit begins with buying at the right price, but it also depends on as you say "IF you sell your products successfully."
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      • Originally Posted by Importexport View Post

        What an excellent reply ADE.

        Once people get their head around what you are saying they will appreciate that the fees amount to quite a low cost considering the enormous marketing value that they get for those fees.

        They might also then give some thought to buying profitably rather than barely getting by on the crazy low margins that most seem to aim for. Profit begins with buying at the right price, but it also depends on as you say "IF you sell your products successfully."
        I appreciate your comments, ImportExport -

        It's amazing to me what kind of power you can have with leverage.

        The approach with math and logic--coupled with sincere service, can get many people pretty far in business!
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        • Profile picture of the author Solid Commerce
          As per usual, OnlineStoreHelp and AuctionDebtEliminator are super spot-on.

          The reason that you're paying fees when you sell on eBay is because eBay's giving you an insane customer base. They've got a ton of people, but you have to pay them a little bit if you want them to let you put your products in front of those people. Cost of doing business.

          Also, as mentioned -- some of the costs associated with selling elsewhere might often wind up being higher than the costs that come with eBay selling.
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      • Profile picture of the author Michael75065
        you can't compete with people buy in volume and post 300 - 500 items a month and now there tons of Chineese suppliers push there fakes stuff on here and very hard to find what are the hot items are any more and Ebay is not doing anything and now the buyers has more rights now then the seller

        ebay a monopoly they can do whatever they want.

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  • Profile picture of the author Ryce
    Nice inputs from everyone but I tend to agree with @pbscott it´s not for most people as its a market driven by price (like most markets btw) so unless you sell something unique you watch your profits spread thin quickly by Chinese competitors hence the conclusion what you make can barely cover ebay fees after all costs involved including returns
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    • Originally Posted by Ryce View Post

      Nice inputs from everyone but I tend to agree with @pbscott it´s not for most people as its a market driven by price (like most markets btw) so unless you sell something unique you watch your profits spread thin quickly by Chinese competitors hence the conclusion what you make can barely cover ebay fees after all costs involved including returns
      If you were to agree with his comments, and then take your comments, then I can understand why you wouldn't want to sell on eBay.

      For one, if you were selling a 'unique item' exclusively, then why, or how would someone find you? How would they know who you are and why they should buy your product?

      Educating the populace about your product is incredibly expensive.

      I'm not afraid if someone sold my item in the past - as it means I have DATA. If I can take what they sold, and then do it waaaaaaaaaaay better - then people will know it.

      Now, if you think that eBay gouges in fees so that it makes it impossible to sell on their platform, then you're also mistaken.

      Logically, eBay needs sellers AND buyers. If the fees were so high that it makes it not a profitable venture for people to sell on, then there would be no sellers. If there are no sellers, there are no buyers.

      That's a logic sandwich for you. The extra philosophy is on me.

      Again, you'll spend a LOT more than 15% on other marketing avenues building your own platform.
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      • Profile picture of the author Michael75065
        Originally Posted by Auctiondebteliminator View Post

        If you were to agree with his comments, and then take your comments, then I can understand why you wouldn't want to sell on eBay.

        For one, if you were selling a 'unique item' exclusively, then why, or how would someone find you? How would they know who you are and why they should buy your product?

        Educating the populace about your product is incredibly expensive.

        I'm not afraid if someone sold my item in the past - as it means I have DATA. If I can take what they sold, and then do it waaaaaaaaaaay better - then people will know it.

        Now, if you think that eBay gouges in fees so that it makes it impossible to sell on their platform, then you're also mistaken.

        Logically, eBay needs sellers AND buyers. If the fees were so high that it makes it not a profitable venture for people to sell on, then there would be no sellers. If there are no sellers, there are no buyers.

        That's a logic sandwich for you. The extra philosophy is on me.

        Again, you'll spend a LOT more than 15% on other marketing avenues building your own platform.
        yes you will spend more then 15% to sell on ebay to compete with the big boys. In sells and marketing to compete with one that sell 300-500 products using there lister software and chinesse suppliers selling there cheap ass fake stuff from sweats shops


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    • Profile picture of the author Michael75065
      Originally Posted by Ryce View Post

      Nice inputs from everyone but I tend to agree with @pbscott it´s not for most people as its a market driven by price (like most markets btw) so unless you sell something unique you watch your profits spread thin quickly by Chinese competitors hence the conclusion what you make can barely cover ebay fees after all costs involved including returns
      i could not agree more. 1000% correct sir!!
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  • Profile picture of the author Ryce
    My point has nothing to do with the 15% fee but rather with the lack of margin on so many niches. Its really cut throat competition as ebay makes easier to the customer to filter by lowest Price + shippment cost. Again, so it does Amazon but my point is that unless you have something unique or were able to buy from military auctions or such you cant have an advantage due chinese low balling the market + their subsidized freight costs that is getting fast to reach worldwide markets
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    • Profile picture of the author Importexport
      Originally Posted by Ryce View Post

      My point has nothing to do with the 15% fee but rather with the lack of margin on so many niches. Its really cut throat competition as ebay makes easier to the customer to filter by lowest Price + shippment cost. Again, so it does Amazon but my point is that unless you have something unique or were able to buy from military auctions or such you cant have an advantage due chinese low balling the market + their subsidized freight costs that is getting fast to reach worldwide markets
      It is not only Chinese suppliers who are making money by selling on eBay regardless of the fees.

      You can join the successful ones by buying at the right prices and that means buying direct from the real manufacturers in China. The profit margins will blow you away.

      I can quote you from my students who have posted on the forum about the huge margins they are making. It is possible, and I teach how to find the real manufacturers, not the traders that are listed by their thousands on the popular websites such as Alibaba, Tradekey, DHGate etc, pretending to be manufacturers.
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      • Profile picture of the author Michael75065
        It is not only Chinese suppliers who are making money by selling on eBay regardless of the fees.

        You can join the successful ones by buying at the right prices and that means buying direct from the real manufacturers in China. The profit margins will blow you away.

        I can quote you from my students who have posted on the forum about the huge margins they are making. It is possible, and I teach how to find the real manufacturers, not the traders that are listed by their thousands on the popular websites such as Alibaba, Tradekey, DHGate etc, pretending to be manufacturers.

        why would i want buy Chinees fake stuff and there junk for explain but we
        America is doomed

        read this articles

        Economic Power of China!! Must read Article!

        This article, though aimed at a US audience, gives insight into China's growing economic power.
        A Little Known Reality.
        June 8, 2013. Source: Michael Snyder, Guest Post
        In future China will employ millions of American workers and dominate thousands of small communities all
        over the United States. Chinese acquisition of U.S. Businesses set a new all-time record last year, and it is
        on pace to shatter that record this year.
        The Smithfield Foods acquisition is an example. Smithfield Foods is the largest pork producer and processor
        In the world.
        It has facilities in 26 U.S. States and it employs tens of thousands of Americans. It directly owns
        460 farms and has contracts with approximately 2,100 others. But now a Chinese company has bought it for
        $ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural
        communities all over America.
        Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend.
        They are only just starting to exercise their economic muscle.
        It is important to keep in mind that there is often not much of a difference between “the Chinese government”
        and “Chinese corporations”. In 2011, 43 percent of all profits in China were produced by companies where the
        Chinese government had a controlling interest in.
        Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States. Now that Chinese company controls more movie ticket sales than anyone else in the world.
        But China is not just relying on acquisitions to expand its economic power. “Economic beachheads” are being
        established all over America.
        For example, Golden Dragon Precise Copper Tube Group, Inc. Recently broke ground on a $100 million plant in Thomasville, Alabama. Many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.
        And guess where else Chinese companies are putting down roots? Detroit. Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers. If you recently purchased an “American-made” vehicle, there is a really good chance that it has a number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States.
        China seems particularly interested in acquiring energy resources in the United States. For example, China is actually mining for coal in the mountains of Tennessee. Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. In Jacksboro, Tennessee. At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.
        And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. Right now China is actually building a city larger than Manhattan just outside Minsk, the capital of Belarus.
        Are you starting to get the picture? China is on the rise. If you doubt this, just read the following:
        # When you total up all imports and exports, China is now the number one trading nation on the entire planet.
        # Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
        # China has more foreign currency reserves than anyone else on the planet.
        # China now has the largest new car market in the entire world.
        # China now produces more than twice as many automobiles as the United States does. After being
        bailed out by U.S. taxpayers, GM is involved in 11 joint ventures with Chinese companies.
        # China is the number one gold producer in the world.
        # The uniforms for the U.S. Olympic team were made in China.
        # 85% of all artificial Christmas trees the world over are made in China.
        # The new World Trade Center tower in New York is going to include glass imported from China.
        # China now consumes more energy than the United States does.
        # China is now in aggregate the leading manufacturer of goods in the entire world.
        # China uses more cement than the rest of the world combined.
        # China is now the number one producer of wind and solar power on the entire globe.
        # China produces 3 times as much coal and 11 times as much steel as the United States does.
        # China produces more than 90 percent of the global supply of rare earth elements.
        # China is now the number one supplier of components that are critical to the operation of any national defense system.
        # In published scientific research articles China is expected to become number one in the world very shortly.
        And what we have seen so far may just be the tip of the iceberg. For now, I will just leave you with one piece of advice - learn to speak Chinese. You are going to need it !
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  • Profile picture of the author Ryce
    @importexport i think it´s also important to find a responsive supplier. Communication is always an issue when dealing with China. also even when dealing with the real manufacturers you stumble upon quality issues when buying
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    • Profile picture of the author Importexport
      Originally Posted by Ryce View Post

      @importexport i think it´s also important to find a responsive supplier. Communication is always an issue when dealing with China. also even when dealing with the real manufacturers you stumble upon quality issues when buying
      @ Ryce,
      People who complain about unresponsive suppliers have usually made serious mistakes in the way they first try to communicate with suppliers.

      Here are a few does and don'ts that might help you learn how to get responses:
      • Don't mention that you are new to the business.
      • Don't tell them you are a sole trader.
      • Don't offer your business plan like you would to a supplier in the USA.
      • Don't ask what is their MOQ. They will tell you soon enough. That is when you might start working on them to supply a lot less.
      • Don't offer your tax or business registration details.
      • Don't ask for samples early in your communications with them, and don't expect them to be free.
      • Don't haggle. Most "experts" will tell you to do so, but there are good reasons why you should not and I teach why you don't need to. This issue is even more critical in the early stages. If you try to talk the price down early on you will suddenly find no more emails arrive.
      There are a few things you should say:
      • Tell them you are an established importer.
      • Tell them quality is important to you.
      • Ask them for a copy of their catalog, preferably a printed version.
      • Give them your business name. Don't have one? Invent one.
      This is only a small part of what you need to learn if you are going to make a lot of money by importing direct from real manufacturers.
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  • Profile picture of the author matty123
    Hi, ebay is pretty expensive to sell on but it does depend on the actual category as some items are more expensive to sell than others(in terms of the final value fee FVF/ commission that ebay makes if you make a sale). This typically ranges from 5% up so if you are selling a camera then you will usually pay less than selling a t-shirt.

    As the saying goes the every little counts and it does add up, lets say for example you sold something for $100/ £100 and it cost you £60 to by it then you will need to pay ebay a minimum of $5/£5 for the final value fee as well as the listing fee and if you wanted to add a sub title which are extras. you also then usually need to pay the paypal fee which is usually over 3% - depending on your account and your sales volume. After that you have your postage and packaging which again eats into the profit.
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    • Originally Posted by matty123 View Post

      Hi, ebay is pretty expensive to sell on but it does depend on the actual category as some items are more expensive to sell than others(in terms of the final value fee FVF/ commission that ebay makes if you make a sale). This typically ranges from 5% up so if you are selling a camera then you will usually pay less than selling a t-shirt.

      As the saying goes the every little counts and it does add up, lets say for example you sold something for $100/ £100 and it cost you £60 to by it then you will need to pay ebay a minimum of $5/£5 for the final value fee as well as the listing fee and if you wanted to add a sub title which are extras. you also then usually need to pay the paypal fee which is usually over 3% - depending on your account and your sales volume. After that you have your postage and packaging which again eats into the profit.
      Only if you view it that way.

      I mean, EVERY business has expenses.

      Imagine if a business owner ACTUALLY said:

      "Man, I have to pay for the building lease, wages, insurance, lights, gas, inventory, taxes, advertising, logistics, and printer toner - SCREW this. I'm not going into business!"

      An eBay seller only says: "Okay, I have eBay fees, PayPal fees, Cost to acquire, and taxes."

      That's it!

      Better yet - eBay has the advantage of knowing EXACTLY how much an item WILL sell for before you sell it! It also has the advantage of knowing EXACTLY what your profit will be PRIOR to acquisition. (Although no one does it)

      I've been teaching this strategy for years with great success.
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    • Profile picture of the author Importexport
      Originally Posted by matty123 View Post

      Hi, ebay is pretty expensive to sell on but it does depend on the actual category as some items are more expensive to sell than others(in terms of the final value fee FVF/ commission that ebay makes if you make a sale). This typically ranges from 5% up so if you are selling a camera then you will usually pay less than selling a t-shirt.

      As the saying goes the every little counts and it does add up, lets say for example you sold something for $100/ £100 and it cost you £60 to by it then you will need to pay ebay a minimum of $5/£5 for the final value fee as well as the listing fee and if you wanted to add a sub title which are extras. you also then usually need to pay the paypal fee which is usually over 3% - depending on your account and your sales volume. After that you have your postage and packaging which again eats into the profit.
      Here is the start of your problem: "for example you sold something for $100/ £100 and it cost you £60 to by it". You are paying too much for the items you are trying to sell. There is a simple solution to that problem.

      All you need to do is to learn how to safely locate genuine manufacturers overseas, where you can buy small quantities at prices that can give you such big profit margins that you can happily pay those fees and laugh all the way to the bank.

      In an earlier post in this thread I said I could quote from posts by my students on the Warrior Forum, and it looks like it is needed in order to show that people who settle for skinny margins are throwing money away.


      Here is one example: One of my students reported on WF that they bought a product for $1 per unit, added $1 cost in packaging, and sold for $25. Is that 1,250% margin or is it 92%? Whichever way you look at it this proves my point that the fees need not worry anyone if they buy at the right price.

      People mean different things by the words profit margin.

      In my importing business I never settled for a selling price less than cost x 250%. That works out at a margin of 60%, but clearly some people think 250% would be my profit margin.

      By the way, that figure was my bare minimum, I often made more than that, just like the warrior I quoted above.
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  • Profile picture of the author jehnubis
    "safely locate genuine manufacturers overseas."

    Good luck for all the newbies out there who take this advice! You will waste a lot of time and money using this method. Unless boots are on the ground in China with a translator (3-6 months out of the year) you wont know what the hell your getting, know quality control, reputation of business/company, years they been around or even know materials of how it is made etc. It will only takes a few bad reviews on amazon or ebay to knock you off, especially if your new. I have even heard stories manufacturers denying more purchases after you have made the first or they just suddenly disappear from radar.

    Tell them you are an established importer.

    Sure this will work on the first order! Sooner or later they'll find out your a little guy with all the other small orders thereafter.

    What i would suggest to all new sellers is stop wasting time/money with manufacturers and try to create your OWN products from home. As soon as popularity grows, then you can start hunting down manufacturers to create your own product.

    Every item/product that is EASY to access/obtain from overseas has already been exploited. The people who are making money importing/exporting are people who were working in the industry prior, have $25,000+ to invest or have already had established connections before starting business. Even if you find that HOT product are you willing to wait 1-2 years before you start giving yourself a first paycheck?

    Advantage of you making it from home is you know the quality, materials, and process to make. The product is "exclusively" yours and there will be NO competition when your product launches. If you create a patent no one will be able to have it but you. The amount you spend on equipment and supplies will be much less then the harsh lessons of dealing with shady manufactures or faulty products overseas.
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    • Profile picture of the author Importexport
      Originally Posted by jehnubis View Post

      "safely locate genuine manufacturers overseas."

      Good luck for all the newbies out there who take this advice! You will waste a lot of time and money using this foolish method. Unless boots are on the ground in China with a translator (3-6 months out of the year) you wont know what the hell your getting, know quality control, reputation of business/company, years they been around or even know materials of how it is made etc. It will only takes a few bad reviews on amazon or ebay to knock you off, especially if your new.

      What i would suggest to all new sellers is stop wasting time/money with manufacturers and try to create your OWN products from home. Every item/product that is EASY to access/obtain from overseas has already been exploited. The people who are making money importing/exporting are people who were working in the industry prior, have $25,000+ to invest or have already had established connections before starting business. Even if you find that HOT product are you willing to wait 1-2 years to start giving yourself your first paycheck?

      Advantage of you making it from home is you know the quality, materials, and process to make. The product is "exclusively" yours and there will be NO competition when your product launches. If you create a patent no one will be able to have it but you. The amount you spend on equipment and supplies will be much less then the harsh lessons of dealing with shady manufactures or faulty products overseas.

      Buying and selling really isnt a business. Creating your own product line is which you can pass on to generation and generation is.
      I began using "this foolish method" in 1987. My importing business grew exponentially with huge profit margins, so to cope with expansion I franchised the business, and operated it in 4 countries for 22 years. I sold out due to ill health, but the business is still thriving in those 4 countries.

      In my retirement I have taught hundreds of newbies how to safely source from genuine manufacturers, and I have a huge number of testimonials which I can prove to fair trading authorities if required.

      If you know the ropes in importing you don't need boots on the ground and a translator. In fact using a translator can cost you not only their fee, but the secret commissions they earn from suppliers that they choose to deal with, supposedly with your best interests at heart.

      Your rant about needing previous experience as an importer and needing $25,000 + to invest makes me think you tried unsuccessfully to get into importing but got burnt.

      I have only had one of my hundreds of students lose money and that was because he went against the advice in my book on two extremely important issues. He has admitted that the loss of a couple of thousand dollars was his own fault.

      I have a lifetime of experience, with my first job after college being with a big international shipping company. I later started my own industrial manufacturing business and exported to countries in the Asia/Pacific region, with my biggest customer being in China. I sold that business and began importing in 1987.

      I have visited China countless times, and been in factories all over the country.

      With my experience I don't teach a foolish method. I know how business works in China.

      I suggest that if anyone thinks you are making sense, they should do a search for your 5 posts and see if they are impressed by your wisdom and knowledge.
      Signature
      Don't just slap on a label. Build a GREAT BRAND http://powerlabelsforprivatelabelingprofits.com Safe sourcing and easy importing from China & many other countries.https://ko296.isrefer.com/go/pcs001/whay/
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      • Profile picture of the author jehnubis
        My curiosity of importing/exporting came from some random forum friend who told me about how he was making money Amazon FBA. It was some good money buti didnt see any long term potential in it. As with all “if its sound too good to be true” I will always take it with huge grain of salt. I am a complete newbie to the import/exporting world so that is my perspective.

        As for your 1987, what worked 30 years ago certainly will not work in today’s age. For you to have been that successful back then, especially with no internet and no cell phones you must have been WELL connected. Especially, your first job at an international shipping company and then starting a manufacturing business played a huge role. I explained “connections” in my previous post.

        In this day in age, if you haven’t kept up with the times, I can start a small manufacturing from my home/apartment/condo for less than $5,000-10,000 dollars. That’s the cost of a small shipment of junk from China. We also have things called 3D printers (which you can buy) that can make small/full scale models of your inventions/products.

        You keep mentioning you “taught” your students? What is there to learn? lol…just give them a list of ALL the manufacturers/connections you have built the past 30 years and its done. Isn’t it your job to look for these “safe, genuine manufacturers?” Almost 30 years of experience and your teaching them, what?

        If I had your 30+ years experience I would be making $100,000+ a day EASY on just Amazon alone. The warriorforum would be the last place I would be! I forgot the name of the article but this Chinese/American kid that was 14 years old was selling airsoft guns (2008) from China and was making $20 million in annual revenue.

        When I am referring to “translator” im referring to the basic translator where he/she is just used for communication barriers. When was it a translator’s job to also take you to suppliers in China?

        I haven’t spent a dime on any product and I never will. I spend my time instead on FREE information which the internet has plenty of. As for products in general, I am busy here creating my own from scratch and hopefully it will turn into a real genuine business down the road.

        Im not sure why your so worried about my posting record, im not here trying to sell stuff to anyone. As for you, of coarse you'll have more post than me because it’s your JOB to market yourself.
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        • Profile picture of the author Importexport
          My answers are in red in the body of your post quoted below.
          Originally Posted by jehnubis View Post

          My curiosity of importing/exporting came from some random forum friend who told me about how he was making money Amazon FBA. It was some good money buti didnt see any long term potential in it. As with all "if its sound too good to be true" I will always take it with huge grain of salt. I am a complete newbie to the import/exporting world so that is my perspective. As a complete newbie, you are challenging someone with a lifetime's experience and telling me that what I teach does not work ????

          As for your 1987, what worked 30 years ago certainly will not work in today's age. For you to have been that successful back then, especially with no internet and no cell phones you must have been WELL connected. Especially, your first job at an international shipping company and then starting a manufacturing business played a huge role. I explained "connections" in my previous post. Things have changed since 1987, but I have kept up to date. My former franchisees are still following the instructions that I gave them up to the time I retired 5 years ago and their businesses are thriving. What I teach to my book reader students has been constantly updated, with the latest revision of my book being about 6 months ago and I am close to finalizing yet another revision. It does not date from 1987!

          In this day in age, if you haven't kept up with the times, I can start a small manufacturing from my home/apartment/condo for less than $5,000-10,000 dollars. That's the cost of a small shipment of junk from China. With a multi- million dollar turnover, my franchisees' shipments ranged from $100 to $50,000. Most were around $500, and I began buying from China because I could get better quality there, with quicker delivery and better service than I could locally. If you think a minimum order must be as high as $5,000, you don't have a clue how to buy from China. We also have things called 3D printers (which you can buy) that can make small/full scale models of your inventions/products. Now you are being patronizing in your ignorance of my ability. Having been an industrial troubleshooter I know the manufacturing processes in a wide range of manufacturing industries.

          You keep mentioning you "taught" your students? What is there to learn? For you where do I start??? lol...just give them a list of ALL the manufacturers/connections you have built the past 30 years and its done. Isn't it your job to look for these "safe, genuine manufacturers?" I don't give them lists, I teach them how to safely locate genuine manufacturers. Almost 30 years of experience and your teaching them, what? I need 83 pages to answer that.

          If I had your 30+ years experience I would be making $100,000+ a day EASY on just Amazon alone. The warriorforum would be the last place I would be! I wrote in my previous post that I sold out due to ill health. I could no longer run a business with hundreds of franchisees in 4 countries, but to keep my brain active I wrote my book and enjoy teaching people how to enter the highly profitable world of importing. I forgot the name of the article but this Chinese/American kid that was 14 years old was selling airsoft guns (2008) from China and was making $20 million in annual revenue.

          When I am referring to "translator" im referring to the basic translator where he/she is just used for communication barriers. My book explains how to avoid communication problems. You don't need a translator for that. When was it a translator's job to also take you to suppliers in China? Excuse me, but your ignorance is showing again. One of the main roles of translators is to accompany buyers when they visit suppliers.

          I haven't spent a dime on any product and I never will. I spend my time instead on FREE information which the internet has plenty of. If you look over my posts you will find that I have often corrected misinformation that is so liberally provided FREE on this forum and others. Some of that FREE information can lead to financial disaster. As for products in general, I am busy here creating my own from scratch and hopefully it will turn into a real genuine business down the road. I wish you you best of luck

          Im not sure why your so worried about my posting record, im not here trying to sell stuff to anyone. As for you, of coarse you'll have more post than me because it's your JOB to market yourself. If you had read more of my posts you would know that I provide a lot of valuable information on the forum. I have been thanked 222 times, so some people must see value in what I post, even if you don't.
          Signature
          Don't just slap on a label. Build a GREAT BRAND http://powerlabelsforprivatelabelingprofits.com Safe sourcing and easy importing from China & many other countries.https://ko296.isrefer.com/go/pcs001/whay/
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  • Profile picture of the author Benht
    Hi Importexport,

    Can you please pm me the link to your book?

    Ben
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  • Profile picture of the author JoshSmith100
    Originally Posted by Michael75065 View Post

    Why is ebay so expensive to sell on for??


    I call it feebay?
    Because they are greedy.
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    • Profile picture of the author Importexport
      Originally Posted by JoshSmith100 View Post

      Because they are greedy.
      It is a pity that hardly anyone seems to read right through a thread. I suggest you have a look at Auctiondebteliminator's excellent answer to the question in post #5.

      Cost of sales is a part of doing business. When I employed commission sales reps in my importing business (before the days of eBay) I had to pay them 30% commission on sales when they generated their own leads or 20% when they followed up leads from my advertising.

      eBay would be very cheap in comparison.

      Not only would I have had to pay only 15% in eBay fees but they would have brought me many times the number of prospective buyers than my own paid advertising ever did, so I could have stopped paying for advertising.
      Signature
      Don't just slap on a label. Build a GREAT BRAND http://powerlabelsforprivatelabelingprofits.com Safe sourcing and easy importing from China & many other countries.https://ko296.isrefer.com/go/pcs001/whay/
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  • Profile picture of the author startup
    Originally Posted by Michael75065 View Post

    Why is ebay so expensive to sell on for??


    I call it feebay?
    simple..it's where the buyers are..pay to play instead of driving yourself crazy trying to grow traffic to your offers
    Signature

    Maverick Arbitrage Secrets - If you can follow a simple, step by step blueprint, you can start your own Product Arbitrage Business, starting with ZERO cash, today! http://www.warriorforum.com/warrior-...inventory.html

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  • Profile picture of the author mikedy
    It is basically bringing a big volume of traffic to your listing.

    Yeah! You can make your own e-commerce website and advertise it to attract customers, but it costs a lot of money to do it.

    In the end of the day, I think eBay or any other mediums for listing your product is a very good choice if you do not know how to advertise or if you can't afford to.
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  • Profile picture of the author big tymer
    I agree the fees are high, but that is the price you have to pay. maybe I think it is high because I started selling on eBay in 1999 when fees were much lower and when you see them go up every year you just think "Man, give me a break". But I did the maths back in 2008 when my monthly fees were consistently over $2000 a month. If I rented a shop in a mall it would cost me a lot more.

    eBay has the traffic, plain and simple. There are a lot of things about eBay I don't like, but if you have a good product with good mark up of over 50% or more, then you can move product fast there. If your mark up is 15% you will lose for sure.
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  • Profile picture of the author jkgultimate
    How are the fee's high? Have you tried running a brick and mortar business before?

    You guys are complaining about 15% fee with eBay/Paypal?

    Start thinking like businessmen. I have been selling on eBay since 2004 and let me tell you, it's amazing to this day! The people who don't evolve with eBay get left behind.

    I am not even a hardcore eBayer and make a full time income from it.

    You just have to do it right and do your product research and you are set.
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  • Profile picture of the author Monsterd
    Have you tried to open up your own website, promote your products down different channels and handle the risk/guarantee of chargebacks etc on your own?

    Do that and see how much to your bottom line it cost you...

    Probably pretty darn close to what eBay charges.

    _________

    You can go to eBay and post something easily within a few minutes ...start to finish and someone can buy it and pay you within a few days of that posting.

    You're paying for ease of use, eBay bringing in the customer etc.

    With that said, I DO think their fees are etching towards overpriced. I think most users are ok with it because it's usually old 2nd hand stuff and it's more than they could get elsewhere for the effort locally on craigslist etc.

    I think one reason for their fee hike: Remember just years back how easy it was to get screwed? How buyer protection didn't really mean much?

    They're alot better these days on this, meaning they eat the loss more than they used to in the past resulting in higher fees.

    Honestly, I look at the fees I paid years ago and the fees I pay now and while they're higher, I CAN justify them by the OVERALL better buying/selling experience they had in the past.
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    Godlike eBay experience, talent and success.

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  • Profile picture of the author JamesStanley
    Yes I have been noticed that ebay is expensive but ebay is great for a while, in today's world we have seen earning extra money is very important for every individual. Ebay is a ecommerce website which is very easy to do shopping in this site, I don't think too expensive price will not be a issue for the customer regarding qualities then also they are using these website.
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  • Profile picture of the author Solid Commerce
    One of the main reasons that so many sellers are OK with eBay's fees is because it's less than what one might normally have to pay to market one's inventory successfully.

    You save a lot of time, energy, and money that you'd have to pour into marketing when you list your inventory on eBay's site. You get to take advantage of the marketing reach of one of the hugest online companies in the entire world! It's a pretty sweet deal, if you think about it, and is why most sellers are happy to pay the fees that are associated with eBay selling.

    When you set up shop underneath the eBay tent, so to speak, you get use of their gigantic spotlights.
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    _ Sean B.
    Solid Commerce

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