Online auction

Auction Sites Like eBay - other online bidding sites with LESS FEES

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• published: 19 Dec 2014
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Video reveals other auction sites like eBay. To download our free ebook which teaches how to earn $10k/month go here: http://wholesaleted.com/4-step This video discusses these three other auction sites like eBay. Each of these bidding sites has their advantages and disadvantages as discussed in the video. First, let’s look at eBid: Auction Sites like eBay #1: eBid (http://www.ebid.com) It is very large, with hundreds of millions of dollars worth of items listed at one time. It is open to 23 countries including the USA, UK, Australia, Canada and even New Zealand. It gets over 60,000 pageviews a day. The fee’s are much lower than on eBay. You have NO listing fee, which means you can list items risk-free. You also only pay a 3% success fee on items that you sell, which is much lower than eBay’s. However, this is somewhat deceptive. A lot of buyers will want to use PayPal, and you’ll need to take into account PayPal’s extra fees. So your total fees are more like 4-5%. Overall, because it is risk-free to list your items I suggest that everyone cross-lists their items onto eBid. You have nothing to lose and if you make a sale on there instead of eBay, you get to keep more money and make a greater profit. Because of the large userbase and no-listing fees, this is my favorite of the auction sites like eBay. Auction Sites like eBay #1: ePier (http://www.epier.com) Another bidding site with “e” in front of the name just like eBay, this one is very unique. It has NO fees whatsoever, but again, this is extremely deceptive because many sellers will still want to use PayPal to be safe. Therefore, you’ll still have to pay PayPal fees. But what makes this especially unique is that it isn’t a standard eBay clone. Instead, it looks like a wiki. It is community run and not run by a corporation. So you have no resolution center to protect you if a sale goes bad. Because of that, I do recommend cross-listing items but only sell items with tracked postage. As a seller you need to protect yourself from false PayPal disputes which are more likely to happen in this non-moderated site. Auction Sites like eBay #1: OnlineAuction (http://www.onlineauction.com) This is a huge site, which hundreds of millions of dollars of items listed on it too, which is great. It is corporation-run and it is moderated. The important thing to note here is it’s unique fee structure. There are no listing fees, and no success fees. Sounds great, right? The catch is there is a flat $8 monthly fee you must pay to be a seller. This will let you list and sell unlimited items… for $8. And once again don’t fall into the trap of forgetting PayPal fees too! Therefore, I recommend OnlineAuction to sellers that have a lot of items to cross-list. This is because you’ll want to sell at least $55 worth of goods to break-even with the fees you’d have otherwise paid on eBay. The more items you have to list, the more likely you are to sell that much. If you’re new and don’t have many items to list, you’re less likely to break even and risk losing money so I don’t recommend it. I hope you enjoyed this video which reveal other auction sites like eBay. For more great information on making money selling goods online, download our free ebook which teaches you how to make $10k/month dropshipping online: http://bit.ly/4-step-ebook