How to Start an eBay Store

Selling things for a profit has never been easier than it is in today’s world, thanks to the internet.  There are many services out there to use for selling your stuff, one of the best being eBay.  When starting eBay, you are very limited to what you can do, and you may want more out of it, so you may consider upgrading to a shop.

Reasons for an Upgrade

The upgrade is not worth it for everyone, it all depends on what you plan to be using eBay for.  If you just plan to clean out your attic, and make a couple bucks, getting a shop is not for you.  But if you plan to turn eBay into a part-time, or even full time business, then getting a shop is definitely something you should consider.

If you do not have a store, you get 50 free listings in a month.  Every listing after that will cost an additional 50 cents.  Doesn’t sound so bad, but it adds up quick.  Let’s suppose you don’t have a store, and you list 100 items in a month.  You get 50 free listings, but that leaves 50 you have to pay for.  If each of those 50 listings costs $0.50, then you will be paying $25 to list your items that month.

The monthly cost of a basic store is $24.95, not to mention all the benefits you get along with owning a store.  So if you plan on selling over 100 items in a month, it is a no brainer, definitely get a basic store.

Benefits of Owning a Store

There are many benefits to owning a basic store.  As mentioned previously, you only get 50 free listings without a store, but with a basic store, you get 250 auctions and 250 buy it nows.  Not only that, but visitors to your listings are allowed to subscribe to your shop, and what that does is notify them whenever you list something new, or put an item on sale, another shop only feature.  You also have access to vacation settings, which allow you to pause all your listings and tell buyers that it will not be shipped until you return.

My favorite thing about owning a store compared to not is the fact that eBay ranks you higher in search results than someone who doesn’t, which will really help your item sell a lot faster.  Also, if you have a store eBay gives you a break when it comes to final value fees.  It isn’t a lot, ranging from 4% up to 9% (depending on the category), when they normally they charge 10%,  but it does add up fast.  Along with that, as a basic store owner, you get $25 for supplies, quarterly (every 3 months).

We have been focusing mostly on a basic store, but there are actually 3 types of stores, Basic, Premium, and Anchor.  The prices and features for all are listed below.

 

 

 

Basic

  • 500 free listings, 250 buy it now and 250 auctions.  All additional buy it now listings are $0.25, and all additional auctions are $0.20.
  • You are given $25 for supplies, paid quarterly.
  • Final value fees lowered to 4% – 9%, rather than 10%
  • Ability to put your items on sale.
  • You can create categories.
  • Better placement in search.
  • You get vacation settings.

Premium

  • 1,500 free listings, 1,000 buy it now and 500 auctions.  All additional buy it now listings are $0.15, and all additional auctions are $0.10.
  • You are given $50 for supplies, paid quarterly.
  • Ability to put your items on sale.
  • You can create categories.
  • Better placement in search.
  • You get vacation settings.

Anchor

  • 11,000 free listings, 10,000 buy it now and 1,000 auctions.  All additional buy it now listings are $0.10, and all additional auctions are $0.05.
  • You are given $75 for supplies, paid quarterly.
  • You get your own calling line, so when you have problems, you can call, and they will help get you back up and running very efficiently.
  • Ability to put your items on sale.
  • You can create categories.
  • Better placement in search.
  • You get vacation settings.

Making Your Decision and Opening Your Store

It is now time to make your decision, is owning a shop worth it for your business?  In the long run, if you are looking to make a full time income on eBay, you should definitely get a store, but if you are just looking to make a little money here and there and not really focus all your attention to eBay, then it might not be worth it for you.  Everyone’s situation is different and it just depends on how much time and effort you are ready to put into it.

If you have decided owning a shop isn’t for you, that is 100% ok, it isn’t necessary for everyone.  If you still want to use eBay to sell your stuff, without a shop, Click Here to read my post on selling on eBay without a store.  That post is centered around video games, but you could apply it to anything, I have definitely sold things besides video games using the strategies explained here.

If you have decided yes, first of all, congratulations, you have taken your first step toward success on eBay, and second of all leave the link to your shop in the comment section below and let us know how well it has been for you.  I wish you and your shop the best of luck on your journey to success on eBay.

As with all my posts, if you have any questions be sure to leave the in the comment section below.

10 thoughts on “How to Start an eBay Store

  1. That’s very interesting. I haven’t thought about that. That means if I have a shop, the same product shows higher in searches than similar products not having a shop?
    The ratio, direct sales, and auction are the best though with the basic shop.

  2. Hi Jeremy,
    I used to use EBay about three years ago. I have to say I did really ok. Then I had to give it up to take care of my Mum due to ill health. I did try to go back but I sort of struggled.

    I was thinking of going back into the EBay Business again but I was having some doubts and I tried to find some sort of information, when I came across this post.

    This post made my mind up completely. I am going to go back into EBAY as a seller and once my business gets going. I shall look into the shop side of it.

    I did do really well with EBAY but obviously its all changed now so I shall be keeping my eye out on any new blogs of yours to keep me in the Loop.

    Thank you so much for this post and please keep me updated with your new posts.
    My regards Deborah.

    1. Deborah,
      I am sorry about your mom, that really stinks. I am glad you found this post useful and I really hope that you can get your eBay business running better than ever.
      I have a post planned for either tomorrow or Thursday not relating to eBay, but I can make another eBay based article and have it published either Friday or Saturday, so stay tuned!
      I have another eBay post, https://buildyouronlineenterprise.com/sell-my-video-games-online if you want to check that out.
      Thank you very much for reading and have a wonderful evening!

  3. I am an Amazon seller and thought about ebay a lot but have not really thought through it yet. I still think ebay as selling cheap (or auctions out) and can’t move forward. (LOL) Thank you for the detail information. I may start looking for an eBay.

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