EBay Alternatives: Why Ignoring "Small" Sites Loses You "Big" Sales
- Author Rose Li
- Published May 11, 2009
- Word count 455
If there was one limitation and oversight that many eBay resellers using wholesale suppliers had which is fast disappearing it is the tendency to put their eggs in one basket and sell only on eBay.
This trend is fast disappearing; which anybody left using eBay as their main source of income may be facing extinction.
Here, it will be explained fully why this helps you to sell more and more products from wholesale suppliers, and how the seemingly smaller consumer bases of eBay alternatives will afford you more productivity and profit.
** The Rise Of The Niche Marketplace **
To most effectively compete with eBay's mass-market strategy, many newer resale outlets are smaller and more specific as to what is being bought and sold.
By narrowing their customer base, the websites have succeeded in drawing entire subcultures under their smaller umbrella market, and away from the crowded marketplace that eBay has become.
What this does to the market is simple, and great for your previously eBay-centered business, regardless of whether you sell your own specialized goods or those from a China wholesale supplier.
** How To Tap The Niche Market And Expand Your Online Marketplace **
Before we move on to the how, I will discuss the why, in order to fully expand on the effect of these niche markets of eBay alternatives on your business.
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Because of the smaller size of these sites fewer items are active in the marketplace. Effectively, this makes your products easier for customers to find, as there isn't as much to sift through
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With such a narrow niche of sale, many sites develop loyal customers that return again and again to purchase within a certain category.
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With such a narrow niche of sale, many sites develop loyal customers that return again and again to purchase within a certain category.
For example, on Etsy, a popular hand-made-goods sale outlet, more than 40% of customers have bought from a seller more than once.
In order to take advantage of the selling power of the new online market, your products sourced from an online wholesale supplier need to spread throughout a few or many eBay alternatives, designed to sell certain categories of products.
As an example, it would be far more effective to sell your 1979 Honda Shadow on CycleTrader, your hand-knitted scarves on Etsy or Bonanzle, your old stereo system on Audio Classics, your textbooks on Amazon, and your guitar on Musician's Friend.
You can do it all at the same time, and with the sites mentioned here, with minimal seller fees and hang-ups.
Boost your profits! Start spreading out your inventory of goods from a wholesale supplier, and watch your products fly off the shelves (or garage floor) and into the hands of loyal niche-driven customers.
Don't lose out to other sellers by ignoring eBay alternatives. And don't lose out to other resellers by missing the latest in wholesale gadgets. http://www.chinavasion.com is the best source for wholesale consumer gadgets in China, visit their site now.
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