Is Selling on eBay worth it in 2023? Here Are 5 Things People Love & Hate About eBay
Written by Frey Chu
Last updated on December 17, 2022
Are you thinking about selling on eBay? You’ve probably heard that it’s a great place to get your side hustle started in the world of entrepreneurship, with lots of opportunities for profit and growth. But before you dive in headfirst, there are a few things you should know—and we’ll cover them all here.
Recently, hundreds of eBay sellers shared their top 5 things they love about selling on eBay, as well as the top 5 things they hate about the selling platform.
These answers were collected by Ralli Roots, a couple that makes popular re-selling videos on YouTube. If anyone knows what it’s like to sell on eBay, it’s them. In early November 2022, they posted a video talking about the results of an Instagram poll they ran where they asked eBay sellers to share the things they love and hate the most about selling items through eBay. With over 59,000 Instagram followers, they received hundreds of responses and chose the top 5 most popular responses.
In this blog, I’ll share the top 5 things that eBay sellers love (and hate) about selling on eBay.
What Sellers Love About eBay
5 Things eBay Sellers Love
Based on a poll for eBay sellers, these are the top 5 things people love about selling on eBay. Read more for details.
- Selling While You Sleep (24/7 Marketplace)
- Size of eBay’s Audience
- Researching Sold Comps/Listings
- eBay’s Brand Recognition
- Ease-of-Use
What Sellers Hate About eBay
5 Things eBay Sellers Hate
Based on a poll for eBay sellers, these are the top 5 things people hate about selling on eBay. Read more for details.
- Buyers Who Don’t Pay
- Dealing With Product Returns
- eBay Fees
- Time It Takes To List Items
- The Verified Rights Owner (VERO) Program
Table Of Contents
5 Things People Hate About Selling on eBay
There’s no doubt that selling items on a free platform is amazing. But, selling on eBay comes with some problems of its own.
Starting with the least amount of poll responses, here are the top 5 things that eBay sellers hate about selling on eBay (according to responses collected by Ralli Roots).
5. The Verified Rights Owner Program (VERO)
What is eBay’s VERO program?
Getting “VERO’d” is when you list something that you’re not supposed to (because a brand requested it or due to trademarks) that gets automatically unlisted. If you get enough items unlisted then you get penalized and can even get your seller account suspended.
A common example of a VERO is when you list a product that the brand does not want to have re-sold on the secondary market. Sometimes it’s a large brand that will want to protect its product from being re-sold, but it doesn’t necessarily have to be. Basically, any sized company can sign up for eBay’s VERO program and kick-off listings made on eBay.
Another example of when a VERO can occur is when you use a certain trademarked word in your title – In the case of Ralli Roots, they mentioned getting a VERO after using the “velcro” to describe a listing.
Why getting your eBay listings unlisted by VERO is frustrating sellers
eBay sellers are frustrated about VEROs because it’s not always clear what brands and words you can and can’t use in your listing. Also, you won’t get any eBay notifications or warning messages before listing an item included in the VERO program. Instead, what happens is that you list an item and it simply gets taken down, giving your seller’s account a strike. The stakes are high too, as the eBay seller accounts can be penalized and even suspended if they get enough listings kicked off due to a VERO.
4. The Time It Takes To List Items
Sellers believe the time it takes for you to list an item for sale on eBay’s platform is outdated and slow.
Compared to listing items for sale on another app-based platform, like Mercari and Poshmark, it can be a difference of up to 5 minutes to 20 minutes just to list an item.
“…I would say my, my quickest, and I consider myself a pretty proficient lister on eBay. The fastest I list on eBay, almost any other company, any other app I can list five times faster.” – Ryan Roots, eBay Seller & YouTuber
The most time-consuming part of listing an item, besides deciding on a competitive market price for your product, is a portion called item specifics. It’s where you tell eBay specifically what type or category the item belongs to. The issue? There are literally hundreds of different categories to choose from.
It’s a crucial part of listing because eBay has designed this to be a major way your items get found in the eBay marketplace.
3. eBay Fees
The number of fees that eBay keeps as the price to sell on eBay.
It’s a tale as old as time – eBay’s seller fees. While it’s true that eBay fees can eat into your profit margin, you might be surprised eBay doesn’t have the highest fees compared to other marketplaces. For example, Poshmark has fees as high as 20%, compared to eBay’s 12% seller fees.
However, the fees that eBay sellers are complaining about aren’t just the 12% seller fees. It’s the additional fees that are on top of the seller fees, which may include promoted listing fees, which can add an extra 4% to 8% on top of your 12% final value fee.
“Yeah, it feels like a money grab, which is what it is. But I do understand when they’re saying, hey, you have more money than the next person, you can promote your item and make less because you’re better off than these other people and screw all the little guys. That’s how it feels.” – Alli Roots, eBay Seller & YouTuber
2. Dealing With Product Returns
When your buyer decides to return the item they purchased for a refund.
Returns on eBay are expected, but it sucks when eBay sellers have to offer returns in order to get more sales. You can always create a listing where you don’t accept returns, but customers can still return their item for a refund if the reason is “item not as described.” With this said, listing items that don’t accept returns is just hurting your store’s visibility, which will decrease the number of sales you’ll have.
Compared to other re-selling apps, like Whatnot, an app where you can sell items by streaming live to an audience, returns don’t really exist. Additionally, other platforms deal with returns much better.
1. Buyers Who Don’t Pay
When you sell something and the buyer doesn’t pay for it immediately.
By a landslide, the number one complaint about eBay is about customers who buy an item and do not pay. Wait, huh? That’s right, as an eBay seller, you may sell an item where the buyer doesn’t pay immediately (or ever) because eBay doesn’t require buyers to pay automatically when they click “Buy Now.”
This is extremely frustrating for eBay sellers because your listing gets removed when a customer “buys” your products. However, what really happens is that you receive a notification that your item has sold and that you’re not awaiting payment. In the case that you’re dealing with a non-paying customer, your listing isn’t live, unless you manually re-list it again, and you miss the opportunity to sell the item to a customer who would actually pay immediately.
Whether you sell an item through an auction or accept the best offer, customers are not required to pay immediately.
Sellers who sell items on Mercari or Poshmark don’t have this problem. If you purchase an item from one of these respective platforms, your card automatically gets charged the amount of your purchase. There’s no intermediary step. It’s a win-win for both the buyer and seller. Yet, eBay, one of the world’s largest marketplaces, has not implemented this change yet.
5 Things People Love About Selling on eBay
You might be ready to run away after reading the things eBay sellers hate, but eBay is still one of the largest online marketplaces for a reason. There’s a lot to appreciate about eBay’s platform. And while it’s easy to sit back and complain about certain features, there are hundreds of thousands of sellers who love selling items on eBay.
Starting with the least amount of poll responses, here are the top 5 things that eBay sellers love about selling on eBay (according to responses collected by Ralli Roots).
5. The Ease Of Use
eBay isn’t perfect but it’s still very easy to use. The fact that anyone can use the app to list and sell items says a lot about the ease of use of the selling platform.
Yes, there’s the pain point of having to include item specifics on your eBay listing (as mentioned in the last section), but once you learn how to list items on eBay it’s very easy to use.
“It’s much easier to do than, you know. I would say listing on Amazon or figuring out Amazon is quite a bit more difficult. Anybody can list something on eBay. As soon as you open an account, it’s pretty easy to go take some pictures, put in a title, list the items, [and] get paid.” – Ryan Roots, eBay Seller & YouTuber
In my experience as a top-rated eBay seller, the eBay app makes listing items very user-friendly and can be quickly picked up. The learning curve isn’t very steep and most of my time listing on eBay is spent trying to write a good product title, and description and giving my product a competitive price.
To add to the ease of use of the eBay app, one of the greatest features the eBay app offers is the option to visit an active or sold listing and click “Sell One Like This.” This basically creates a duplicate listing where a lot of the work is already done for you.
4. eBay’s Brand Recognition
When you think of a marketplace to buy something, where do you think of first? For most people, the answer is probably Amazon or eBay.
In February 2022, it was reported that eBay has a total of 159 million active users and gets over 109 million monthly visitors to their website. And despite what you think of eBay, it’s still growing about 5% year-on-year.
Especially if you’re looking to buy some random thing online, eBay is one of the first places you think of.
While younger marketplaces, like Poshmark, OfferUp, or Mercari, might have a “better” experience for their buyers and sellers, the brand recognition for these marketplaces doesn’t compare with eBay.
3. Researching Sold Comps/Listings
If there’s one place to search for accurate and up-to-date market prices on items, it’s eBay Sold Listings. One of eBay’s most powerful features for re-sellers, eBay’s sold listings can give you the last 90 days of sold comps in a matter of seconds. And because eBay has so many customers buying items, you’ll be able to find sales data on virtually anything you search for.
Here’s how easy it is to research sold comps on eBay:
Go to ebay.com or your eBay app and click on the “Search” tab.
Either use the camera to scan a barcode or search an item manually.
On top right of your screen, click “Filter”, “Show More”, then “Sold Items” tab.
You will then see a list of all items that were sold within the last 90 days.
2. The Size Of eBay’s Audience
The audience of buyers that eBay attracts is way bigger than Poshmark, Mercari, DePop, and any other marketplace, except Amazon.
As we mentioned above, there are over 109 million shoppers who visit eBay every single month. With that volume of shoppers, there’s no wonder you can sell your grandma’s old crochet blanket or that old Sony Handycam. There’s a buyer for almost anything on eBay!
Whether you’re selling vintage t-shirts or old Pokemon cards from the 90s, you’ll have the best chance of finding a buyer on eBay. Even non-vintage items, electronics, collectibles, clothing, and much more are easy to sell on eBay due to its sheer size of active users.
1. The Ability to Make Sales While You Sleep (Open 24hrs/day)
Since eBay is a marketplace that never closes, you can make money “passively” once it’s listed. It’s one of the biggest advantages eBay, and any other online marketplace has over a brick-and-mortar business.
Throughout my years of running an eBay store, it’s normal for me to sell something that’s been listed months ago. Some things just take time to sell because of the low demand, and other times, buyers will purchase your listing despite it not being the lowest price. Either way, listing items on eBay allows people to view and purchase from your store 24/7. The internet doesn’t have store hours.
So, if you’re looking to start re-selling, keep in mind that items may take weeks or months to sell. Instead of being discouraged, use this to make better purchases that sell quickly. It’s all part of the journey to learn what products are more in demand than others – you’re learning how to run your own business!
The Big Takeway: Can You Make A Living From eBay?
The short answer is: Yes.
But if you’re reading this, you’re most likely just looking for a side hustle where you spend 10 hours a week growing your income. In this case, this is absolutely the best and most fun way to do it. Within 2-3 months of going to garage sales and thrift stores for your learning grounds, you can bring in an additional $500-$2000 per with about 10 hours a week of work. Starting off, you won’t need a lot of money. More than anything, you need to get out there and start making informed purchases, using eBay-sold listings to decide whether an item is worth the purchase.
For aspiring entrepreneurs, there’s no better game than the re-selling game. Flip your way into learning how to sell items online, take care of customers, ship and pack items across the country and keep track of your expenses.
Now, it’s also possible to re-sell full-time if you’re looking to replace your full-time income to pay for the bills. It’s not an easy business, as you may be relying on garage sales, estate sales, flea markets, and more, but it’s possible.
As you continue to grow your skills and knowledge base, you can graduate to buying storage units, liquidation stores, and thrift bins to source more items to flip for a profit.
And depending on where you live, it may be more challenging. As someone who re-sells in California, I frequently talk to people who do this full-time due to the sheer will to wake up early and attend sales all around their area.
Should You Try Selling on eBay?
Yes. If you’re thinking of dipping your toes into re-selling, download the eBay app and create an eBay account. Start listing items that you own and want to sell, just to get familiar with how to navigate the app.
People will always complain about functions and features. But, the truth is that we’re lucky enough to live in a time where you can list an item and make money if you have the will to do it. Money is everywhere and you can flip anything from used perfumes to old jerseys. Sometimes for hundreds of dollars. It’s all out there and you just need to go for it.