Why I Quit Ebay To Sell On Amazon FBA (The Honest Truth)
Published on: November 30 2022 by Carter Maxwell
Why I Quit Ebay To Sell On Amazon FBA (The Honest Truth)
Table of Contents
Why I Quit Ebay To Sell On Amazon FBA (The Honest Truth)
startTime | durationTime | text |
00:00:00 | 00:00:04 | what's up guys miss me I'll be going |
00:00:01 | 00:00:05 | with the honest truth to why I quit |
00:00:04 | 00:00:08 | selling on eBay |
00:00:05 | 00:00:09 | to sell on Amazon FBA so if you don't |
00:00:08 | 00:00:12 | know me already my name is Cara Maxwell |
00:00:09 | 00:00:14 | I'm a 17 year old entrepreneur and I go |
00:00:12 | 00:00:15 | by the nickname of the high school |
00:00:14 | 00:00:17 | hustler and if you're trying to create |
00:00:15 | 00:00:19 | an online business and make money while |
00:00:17 | 00:00:20 | you sleep the nests that she refused to |
00:00:19 | 00:00:22 | go ahead and hit that subscribe button |
00:00:20 | 00:00:25 | well this a big great video is debating |
00:00:22 | 00:00:28 | the pros and cons to selling on eBay and |
00:00:25 | 00:00:30 | Amazon FBA so let's get right into it |
00:00:28 | 00:00:32 | you'll see that don't know eBay it's a |
00:00:30 | 00:00:34 | giant worldwide marketplace to where you |
00:00:32 | 00:00:37 | can actually add the seller list your |
00:00:34 | 00:00:39 | item as a Buy Now price or an auction |
00:00:37 | 00:00:41 | style listing now on to Amazon FBA and |
00:00:39 | 00:00:43 | feels a little bit more complicated but |
00:00:41 | 00:00:45 | it's a really really convenient and |
00:00:43 | 00:00:48 | efficient business model being the FBA |
00:00:45 | 00:00:49 | stands for fulfillment by Amazon so |
00:00:48 | 00:00:51 | where you can actually send your |
00:00:49 | 00:00:54 | physical inventory to an Amazon |
00:00:51 | 00:00:56 | warehouse will then be stored until it |
00:00:54 | 00:00:58 | sells on Amazon and the cool part is |
00:00:56 | 00:01:01 | once actually sell on Amazon Amazon |
00:00:58 | 00:01:03 | Fulfillment will then actually pick pack |
00:01:01 | 00:01:05 | and ship that product to the customer so |
00:01:03 | 00:01:07 | either way through two great platforms |
00:01:05 | 00:01:10 | and I'm gonna go over exactly why I |
00:01:07 | 00:01:13 | actually quit eating to sell on Amazon |
00:01:10 | 00:01:15 | oh why exactly did I actually quit eBay |
00:01:13 | 00:01:17 | well to give you a little background |
00:01:15 | 00:01:20 | about me I started eBay at age of 13 |
00:01:17 | 00:01:22 | when I sold my first item since then I |
00:01:20 | 00:01:24 | was hooked and I sold on eBay for about |
00:01:22 | 00:01:27 | two years in the process was really fun |
00:01:24 | 00:01:29 | at the beginning and as I went on the |
00:01:27 | 00:01:31 | process just really got actually pretty |
00:01:29 | 00:01:33 | laborious because the process is |
00:01:31 | 00:01:35 | basically just sourcing products and |
00:01:33 | 00:01:37 | after you sourcing them out the listed |
00:01:35 | 00:01:40 | and when listing the product you have to |
00:01:37 | 00:01:42 | then create a title a description some |
00:01:40 | 00:01:44 | bullet points and take pictures as well |
00:01:42 | 00:01:46 | so it was just really time consuming and |
00:01:44 | 00:01:48 | the process was just getting harder and |
00:01:46 | 00:01:50 | harder in the margins were what I wanted |
00:01:48 | 00:01:52 | and where what they were when I was a |
00:01:50 | 00:01:54 | lot younger and so I was looking into |
00:01:52 | 00:01:56 | other platforms that I could possibly |
00:01:54 | 00:01:58 | try to sell on and I was looking through |
00:01:56 | 00:01:59 | Google looking through Amazon and |
00:01:58 | 00:02:02 | there's this new platform that was |
00:01:59 | 00:02:04 | trending Amazon FBA and just like when I |
00:02:02 | 00:02:06 | went over earlier basically Amazon just |
00:02:04 | 00:02:08 | doing all the fulfillment for you and |
00:02:06 | 00:02:10 | you can sell on the platform so that was |
00:02:08 | 00:02:11 | a really really cool concept so |
00:02:10 | 00:02:13 | basically I just |
00:02:11 | 00:02:16 | and just started sourcing sourcing and |
00:02:13 | 00:02:18 | keep sending products up and just kind |
00:02:16 | 00:02:20 | of getting just understand the system a |
00:02:18 | 00:02:24 | lot more and at that time I was juggling |
00:02:20 | 00:02:25 | eBay and Amazon FBA at the same time and |
00:02:24 | 00:02:27 | this is actually going into fourth |
00:02:25 | 00:02:29 | quarter which is the last three months |
00:02:27 | 00:02:31 | of the year which when it comes to |
00:02:29 | 00:02:34 | e-commerce is the best time of the year |
00:02:31 | 00:02:37 | to start selling basically it is a three |
00:02:34 | 00:02:39 | month Christmas for e-commerce sellers |
00:02:37 | 00:02:41 | because sales just like double and |
00:02:39 | 00:02:43 | triple it's crazy in so I had a good |
00:02:41 | 00:02:44 | enough amount of products on Amazon FBA |
00:02:43 | 00:02:46 | and a good amount of products on eBay |
00:02:44 | 00:02:48 | and I'm just kind of seeing how well |
00:02:46 | 00:02:50 | they sold and it was actually pretty |
00:02:48 | 00:02:53 | crazy like I was selling out of my |
00:02:50 | 00:02:54 | Amazon FBA products and they're just fly |
00:02:53 | 00:02:56 | off the shelves and I couldn't even get |
00:02:54 | 00:02:58 | keep them in stok and on eBay that |
00:02:56 | 00:03:01 | sales were someone coming in every time |
00:02:58 | 00:03:03 | I sold I'd have to go and prep them and |
00:03:01 | 00:03:05 | ship them they keep keep making |
00:03:03 | 00:03:06 | different listings on Amazon's boom boom |
00:03:05 | 00:03:08 | just scanning it in sending the Amazon |
00:03:06 | 00:03:10 | hundreds and hundreds of items at a time |
00:03:08 | 00:03:12 | and they were selling and Amazon was |
00:03:10 | 00:03:14 | doing all the fulfillment for me so that |
00:03:12 | 00:03:18 | took into a big part of me finally |
00:03:14 | 00:03:21 | making these stage of moving from eBay |
00:03:18 | 00:03:23 | to Amazon FBA full time actually |
00:03:21 | 00:03:24 | basically eliminating eBay and just put |
00:03:23 | 00:03:26 | this out there |
00:03:24 | 00:03:28 | eBay is a really great platform I just |
00:03:26 | 00:03:30 | personally think that Amazon FBA is |
00:03:28 | 00:03:32 | better for me and for something it's |
00:03:30 | 00:03:33 | more conveniently still being in a high |
00:03:32 | 00:03:35 | school having school for about eight |
00:03:33 | 00:03:37 | hours a day it's a lot more convenient |
00:03:35 | 00:03:40 | for me to just do Amazon FBA instead of |
00:03:37 | 00:03:42 | eBay so let's get into exactly how you |
00:03:40 | 00:03:44 | can actually make money on bulk platform |
00:03:42 | 00:03:46 | I actually picked up the business model |
00:03:44 | 00:03:48 | known as private label and it's what I |
00:03:46 | 00:03:50 | do full-time and specialize in as of the |
00:03:48 | 00:03:52 | moment and with private label for those |
00:03:50 | 00:03:54 | of you that don't know what exactly the |
00:03:52 | 00:03:56 | business model is it is basically the |
00:03:54 | 00:03:58 | ordering of a generic product from |
00:03:56 | 00:04:00 | overseas to then brand that generic |
00:03:58 | 00:04:03 | product with your company company's logo |
00:04:00 | 00:04:05 | or company's name to then refill about |
00:04:03 | 00:04:07 | an Amazon obviously for a higher price |
00:04:05 | 00:04:09 | and to profit and it's a pretty |
00:04:07 | 00:04:11 | efficient business model because just |
00:04:09 | 00:04:13 | from one product you can make any amount |
00:04:11 | 00:04:15 | of money you don't have to keep creating |
00:04:13 | 00:04:17 | listings for instance about to sell this |
00:04:15 | 00:04:18 | item on eBay I have to keep creating the |
00:04:17 | 00:04:20 | listings for it and selling it every |
00:04:18 | 00:04:22 | time it's sold I have to then go and |
00:04:20 | 00:04:24 | pick pack and ship it to the customer |
00:04:22 | 00:04:26 | which is really inconvenient and I mean |
00:04:24 | 00:04:28 | at school I can make money at while |
00:04:26 | 00:04:30 | sleeping not to make money just because |
00:04:28 | 00:04:32 | wit not only with the private label |
00:04:30 | 00:04:35 | business model but with Amazon FBA |
00:04:32 | 00:04:37 | platform they do all the fulfillment for |
00:04:35 | 00:04:39 | you so you can just sit back and they do |
00:04:37 | 00:04:40 | everything for you from the shipping to |
00:04:39 | 00:04:42 | the processing you just have to make |
00:04:40 | 00:04:45 | sure your I themselves priced |
00:04:42 | 00:04:47 | competitively and obviously want to sell |
00:04:45 | 00:04:50 | Amazon what is a fulfillment for you so |
00:04:47 | 00:04:53 | guys the honest truth is that Amazon FBA |
00:04:50 | 00:04:55 | is a lot easier than eBay just the whole |
00:04:53 | 00:04:58 | process Amazon FBA is so much less |
00:04:55 | 00:04:59 | laborious and the potential customers |
00:04:58 | 00:05:01 | and the potential sales you're going to |
00:04:59 | 00:05:03 | get on Amazon FBA or so much more than |
00:05:01 | 00:05:05 | eBay and just depending on your |
00:05:03 | 00:05:07 | convenience level and amount of time you |
00:05:05 | 00:05:09 | have to put into your business Amazon |
00:05:07 | 00:05:12 | FBA can be so much easier and so much |
00:05:09 | 00:05:14 | easier to scale as well think about it |
00:05:12 | 00:05:17 | if you're a sell 50 items on eBay and 50 |
00:05:14 | 00:05:19 | items on Amazon FBA you don't have to |
00:05:17 | 00:05:22 | touch those 50 items that just sold on |
00:05:19 | 00:05:23 | Amazon FBA because guess what Amazon is |
00:05:22 | 00:05:25 | doing all the fulfillment for you |
00:05:23 | 00:05:26 | they're shipping to the customer doing |
00:05:25 | 00:05:29 | with customer service boom you just |
00:05:26 | 00:05:31 | receive a check every two weeks now onto |
00:05:29 | 00:05:33 | eBay you just sold 50 items wherever you |
00:05:31 | 00:05:35 | go you have to go and pick pack and ship |
00:05:33 | 00:05:37 | all those on to the customer create a |
00:05:35 | 00:05:39 | shipping label or drop them off at the |
00:05:37 | 00:05:41 | post office just a huge inconvenience |
00:05:39 | 00:05:43 | and especially if you know other stuff |
00:05:41 | 00:05:45 | like if you're trying to maybe juggle |
00:05:43 | 00:05:47 | another job or just jump on another |
00:05:45 | 00:05:50 | extracurricular activity that takes up a |
00:05:47 | 00:05:51 | lot of time in your day Amazon FBA is |
00:05:50 | 00:05:53 | going to be the platform for you okay |
00:05:51 | 00:05:56 | and just to put this out there I'm not |
00:05:53 | 00:05:59 | selling not saying don't sell on eBay |
00:05:56 | 00:06:00 | eBay and Amazon FBA are both great |
00:05:59 | 00:06:01 | platforms asan |
00:06:00 | 00:06:03 | I'll hide the recommend selling on both |
00:06:01 | 00:06:07 | and seeing which one you like the best |
00:06:03 | 00:06:09 | but for me for my business model and my |
00:06:07 | 00:06:12 | just level time I have to put into it |
00:06:09 | 00:06:13 | Amazon FBA is the business for me so |
00:06:12 | 00:06:16 | guys once again the point of this video |
00:06:13 | 00:06:18 | wasn't just to make you avoid selling on |
00:06:16 | 00:06:21 | eBay or stop selling on eBay today it's |
00:06:18 | 00:06:23 | just a heads up that Amazon FBA is a |
00:06:21 | 00:06:24 | really great platform and it's super |
00:06:23 | 00:06:26 | automated and when it comes to my |
00:06:24 | 00:06:28 | personal opinion I'm going to go with |
00:06:26 | 00:06:31 | Amazon FBA over eBay so that's it for |
00:06:28 | 00:06:34 | this video on exactly why I quit eBay - |
00:06:31 | 00:06:36 | so on Amazon FBA the honest truth if you |
00:06:34 | 00:06:38 | enjoyed this video please feel free |
00:06:36 | 00:06:40 | comment blows any questions and our |
00:06:38 | 00:06:41 | video ideas you'd like to see in the |
00:06:40 | 00:06:43 | future also don't forget to Like and |
00:06:41 | 00:06:45 | subscribe as I'm always to give away |
00:06:43 | 00:06:47 | different tips and tricks on how to make |
00:06:45 | 00:06:50 | money online and not know now see you |
00:06:47 | 00:06:50 | guys next video |
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