Earlier this year I wrote a post called “3 Reasons why eBay is a good starting point.”
While I still believe eBay should be one of your income streams if I had the opportunity to do that post over again, I would change it to “eBay can be a good starting point, but why bother when there’s Amazon”. I’m kidding. A little bit.
Seriously. eBay is still an important source of income for us and it’s even better when used in conjunction with Amazon’s FBA service (Fulfillment by Amazon). Did you know that you can have inventory stored in Amazon’s warehouse and have Amazon send them to your eBay customers when you make a sale? For people like me who don’t enjoy packing boxes this is a dream come true. Amazon calls this multi-channel fulfillment.
It has changed our business. Now we can have items listed on both Amazon and eBay and when we make a sale we let Amazon do the packing and shipping for us. Plus we get to take advantage of Amazon’s low shipping rates.
Also with FBA we can literally be on vacation sitting on a beach and our business is still running. Some friends of mine have a very large eBay business, but when they go on vacation they have to shut their business down. I’m trying to convince them to add Amazon to their repertoire.
So while eBay may still be the best avenue to unload your collectibles and should be one of your income streams, if I was going to re-write that post it would be titled something like “FBA: THE Reason Amazon is a good starting point” hence the name of this post.