blog / article

Steer clear from the troubled economy by selling – eBay storefronts to the rescue

by Leo Chan
12 May 2020

Online shopping is growing since the beginning of the last two decades, and it has never stopped. The research shows that in 2018 and the beginning of 2019, 87% of shoppers would start their journey online. This means they would go looking for items online before actually buying those. A part of that 87% would then switch to the physical store to complete the purchase. And the other part would complete the purchase online. 

We are all very curious and want to learn more about new products and everything else, but the truth is that we are also very lazy and, like it or not, the Corona crisis is making us all more addicted to online experiences. Even the people who would earlier prefer to go to the store physically and make the purchase are now getting used to online shopping. And most probably, they are going to like it and continue doing that even when the quarantine is over. 

Don’t you think you can handle managing an online store?

If it wasn’t for the delivery services, all the restaurants would go under. Now, the same goes for other businesses. Suppose you have physical stores which are closed now, due to this crazy situation. Why don’t you give online shopping a try? Have you thought that it can rescue you from closing your doors?

Many business owners are afraid to get their online storefront because they think it’s too difficult for them to handle. If you are one of those business owners, there are ways to make the experience easier for you. 

Some tools will even do most of the work for you and allow you to enjoy the outcome. 

Integration systems 

Let’s say you have your physical store, which is temporarily on hold, and you don’t have an online platform where you can showcase your products. Or maybe you have your website where you can accept orders and make deliveries. 

But your website can’t be as popular as, for example, eBay, unless you are a major brand, in which case you wouldn’t be reading this article. 

If you think an eBay store is going to complicate your life and you will have to manage several platforms at once you are mistaken. 

What if I told you there are integration tools to make your life easier by integrating your different storefronts and making it easier for you to manage your listings, sales, inventory, and much more. You can take Channel Advisor as an example, but if you are going to apply such a tool to your business, do your research and find the best fit for your store. 

Repricers

Suppose you’ve launched your eBay store, you have dozens of products, and you need the prices of those to be compatible with the rest of the market prices. 

Should you calculate the prices for each and every product yourself? Of course not!

All you need to do is to run a repricer tool that will find your competition, track their prices, come up with optimized prices, and will help you have higher sales figures. 

An example of this tool can be StreetPricer, which has a free plan you can start with and upgrade your package only if you need to. 

These are only two of the wonderful opportunities you can have when running an eBay store, and there are many more out there. Running an eBay store is not difficult; you just need to have the right tools to make your experience seamless.

ABOUT THE AUTHOR

Cardy Chung is the founder of StreetPricer. Read more articles by Cardy Chung.

Related Posts

Amazon’s new SP-API

Amazon’s new SP-API

StreetPricer is built with the latest Amazon Selling Partner (SP)-API and cloud computing. Unless the repricer you use or evaluate was built in 2021 or later, it would be based on the legacy MWS technology, which is due to be phased out starting 2022.Amazon’s official...

Amazon’s Restock Limits called for a new Repricing Strategy

Amazon’s Restock Limits called for a new Repricing Strategy

On April 22, 2021, Amazon implemented a new policy named the ‘restock limits’ for its FBA sellers. This new policy has replaced the previous ASIN-level quantity limits policy, with the goal of giving sellers more flexibility in managing their inventories and shipment....