How To Sell In The UK With eBay
Listing goods on eBay UK has been popular with U.S. sellers who are seeking new ways to make money on eBay. The US dollar has been weak against the British Pound, which can buy more of our goods than ever. But you should be prepared for some brutal competition on eBay UK.
The number one problem on eBay UK is there are too many sellers offering the exact same items. If you browse through eBay UK listings looking at products offered by US sellers, you will see the same items over and over again. Don’t list the same products as everyone else, offer something different.
If you list the same items as everyone else at a lower price, eventually, all the other sellers lower their prices, and everyone’s profit margins decrease. This is merely the law of supply and demand. The larger the supply, the lower the price will be. The smaller the supply, the higher the price. If you challenge someone else’s price, be prepared for them to do the same to you.
Try to focus on newly released products. UK customers can’t purchase an item if they don’t know it exists. It may take years for a new American product to reach the UK through the usual distribution methods. If you list it on eBay, the UK customers can learn about it and get it now.
It would not be possibly for one seller to offer every single American product on the market in their eBay store at one time. Some US sellers have been selling on eBay UK for years and never update their product line. You have virtually boundless opportunities to be the only seller offering a product. You may realize that something sells exceptionally well, and other sellers will have no idea what you have discovered. You can corner the market on a specific product if you continue to research.
This strategy can work particularly well If you live in a test market city. A test market city is a geographic location selected for the introduction of a new product or marketing campaign, or both. Test market cities will have access to products long before other cities. If you live in or near a test market city, observe your store shelves carefully and watch for new items. Granted, the new items may not pass the test and may not be introduced into the major market, but, you have a unique opportunity to offer items on eBay UK that other sellers may not have access to.
There are only a few American products on eBay UK, when we have millions available to us. If something isn’t listed, don’t presume it won’t sell. Odds are, no one has tried it yet. You may be the first.
At the very least, present your goods in a unique way. If a seller is offering a product in a 2-pack, offer it in a 1 or 3 pack. Offer an unusual size. Offer free shipping. Offer £1 shipping. You don’t have to offer the item on eBay the same way it is presented on store shelves. Create a set or kit with items that naturally go together – such as shampoo and conditioner, razors and shaving cream, or toothpaste and dental floss. Be unique so that you can stand out. Don’t just blend in with everyone else
Negatives Negatives negatives. It could be one more sale that you will never get. Also check out Australia where the dollar is stronger than the US. Do not fear the market if you product is good the freight wont matter. Also note that to send a 2 LB parcel across Australia can in most cases be just a few dollars less than US -Australia. Food for thought.
Unfortunately paypal does not treat you fairly on the exchange rate and shipping is of course higher
I'm still a beginner in the
business world of the Internet,
so do not understand
everything
I do, but the US, and I just started doing it. Need to study it first.
I hate shipping outside of the US. I always get screwed. You can have the UK.