You have an amazing product, and you want to start selling it right now. Luckily for you, the Information Age enables merchants to do exactly that. There is no shortage of venues from which to choose. However, some online marketplaces are more popular than others. This post will focus on how to sell on Amazon and eBay, two of the most widely used online marketplaces today.
Getting Started with Amazon
The online marketplace and retailer makes it fairly simple to set up shop. There are two types of vendors on Amazon: individuals and professionals. Individual sellers can peddle their wares in up to 20 categories without approval from Amazon. Professionals, on the other hand, have access to an additional 15 categories, though their products must gain Amazon’s approval.
One of the ways in which Amazon makes money is by charging vendors to sell their products on its site. If you believe you’ll sell more than 40 items a month, Amazon urges you to sign up for its Professional plan, which costs $40 per month. With this plan, there may be some variable fees per item sold. Do you think you’ll sell fewer than 40 items a month? You should sign up for the Individual plan. Amazon won’t charge you a monthly fee, but you will have to pay $0.99 per item sold, plus any variable fees.
Once you select a selling plan, you can register as an Amazon merchant and begin selling your products.
Getting Started with eBay
The first step to selling on eBay is to create a seller account. You’ll need to provide your name, address, and phone number. Like Amazon, eBay charges vendors to sell items, so you’ll also have to supply your payment information to the site.
Your second step is to write a product listing. Unlike Amazon, eBay decides which category the item falls into. The site offers helpful tips on how to write a listing that will convince shoppers to purchase your product.
What comes next? You check your listing to see whether anyone has bid on it or bought it. If you make a sale, you’re responsible for shipping the item to the customer.
Accepting Credit Card Payments
Customers enjoy shopping online because they can make purchases from the comfort of their own home or on the device of their choice. They can also pay by credit card, which is very convenient.
Today, online merchants won’t survive unless they accept credit cards. It’s vital to find a reliable, affordable payment processing service.
MBankcard: Accept Credit Cards Quickly and Simply
Do you want to start selling your products online? Contact MBankcard today. We enable Internet merchants to accept credit cards quickly and easily. When you call MBankcard, our customer service representatives help you set up an account fast. You could even start accepting credit card payments the same day! MBankcard’s rates are low, with no hidden fees. Find out why online sellers are choosing MBankcard – call us today at Contact Us.
