Bonanza vs eBay, Which One is More Profitable to Sell?

Both Bonanza and eBay are popular but which one is better between Bonanza vs eBay for sellers? Are you curious? In this article, we will explain about both Bonanza eBay and how to sell products there. 

What is Bonanza?

What is Bonanza marketplace? Bonanza was created in 2007 in Seattle. Bonanza has improved and now has transformed into a full-fledged marketplace. It reached success in 2017 and is now constantly growing.

You can see many searchers find Bonanza eBay which means Bonanza is one of eBay competitor. Due to Bonanza’s popularity nowadays, many eBay sellers have turned away from eBay to choose a Bonanza app instead.

Bonanza is considered a niche platform. You can find everything here. You can categorize your products which allows shoppers to quickly find what they are looking for. Bonanza selling site is the ideal space for the products of Craftsmen,Traders of design items,Toys, Home appliances, Cosmetics,Household utensil accessories and Jewelry.

Read also: The Pros And Cons Of Using An Online Marketplace In Malaysia

Is Bonanza Legit?

You can find out whether Bonanza website is legit or not by looking at the review. In some review saying that bonzana is legit due to this reason such as:

• In the vast amount of daily transactions, no anomalies are found and the reviews clearly speak of a safe commercial space.
• Bonanza is very active in identifying them and promptly blocks fraud attempts.
• Sellers and buyers themselves are required to report any suspicious activity, allowing the platform to remain the safe and legit place it is.

Here are the benefits you will get when selling on Bonanza 2021:

• Commissions are lower and are applied only in case of sale.
• It is a community-oriented marketplace. It favors direct communication and immediate chat dialogue between seller and buyer who can even chat during the purchase.
• It has a simple sales system, ideal for those who want to save time.
• It allows you to modify groups of products simultaneously in an automatic way.
• Encourages the choice of multiple advertising plans or paid advertising on Google.
• The neutral background creation tool helps give a professional look to products.
• It has a high level of security.
• It is possible to synchronize the sale with other platforms.
• The drop-down ‘Categories’ menu is a practical way for the customer to find products quickly.
• By analyzing sales, there is a high possibility of intercepting target customers because they can quickly find items they are looking for.

How to Sell on Bonanza?

Do the Bonanza selling is actually the same on how sell in other marketplace. Here are the tips on how to sell on Bonanza including doing Bonanza seller login:

• Step 1 Sign in your seller account and do the Bonanza selling login
• Step 2 Click on the start selling page and indicate if you already sell on another online store.
• Step 3 Choose the name of your favorite Booth, where your shop panel will appear.
• Step 4 Click on “Open Your Booth”.
• Step 5 Enter your personal details and the way you want to get paid.
• Step 6 Provide your credit card details. 
• Step 7 Choose if you want to pay for extra advertising on other online platforms which you can change at any time.

What is eBay?

What is eBay? eBay is one of the largest marketplace that connects millions of buyers and sellers around the world. It also can be a great way to make money but eBay com my site, is only free for buyers to use but Sellers’ are charged a listing fee after exhausting their free listing offers. Sellers will also be charged when the listed items are sold. eBay also does shipping worldwide. Therefore, you can expand your target market overseas.

Read also: You Need To Know eBay Malaysia Shipping For Sellers!

Is eBay Legit for Sellers?

eBay is also legit for sellers to sell the eBay used products. As an international site, here are the reasons why eBay is legit:

• Massive online presence and wide customer base spread all over the world 
• Good interactive and community features like question and answer fora, discussion boards, etc. This helps in exchange of information and inspiration between users.
• It is relatively easy to set up a storefront on eBay as opposed to setting up your own site.
• There are features for buyer protection. This is helpful in cases of fraudulent or delayed transactions. It is also helpful for other kinds of disputes.
• More selling options. eBay offers both ‘Buy It Now’ and auctioneering opportunities.

How to Sell on eBay Malaysia?

The way to sell on eBay is the same as how to sell on Bonanza. Here are the ways to sell on eBay Malaysia you need to know:

• Go to eBay.com.my and register your account by filling all the information and data required then you will receive a confirmation email.
• After you verify your email, you can start uploading your product listing by adding the picture, title and also products’ description.
• After you are done with it, you just wait for the buyer order.

What Are the Differences Between Bonanza and eBay?

Are you curious on Bonanza vs shopify difference and which platform is better? Here are the differences for you:

Website	Seller fee	Length to Set Up + List Items
eBay	Insertion: $0.30/item (50 free/month)Final Value: up to 10%Listing Upgrades: optionalExtra Category: +$ for motor vehicles, real estate, business items listings	2 hours
Bonanza	Under $500 sale: 3.5%Over $500 sale: 3.5% + 1.5% of the value over $500Minimum Commission Fee: $0.50	Less than 1 hour

How to Sell Online on eBay or Bonanza Successfully?

Are you preparing to be an online seller? Here are the tips for you for a successful selling.

• Prioritize user reviews and feedback by responding to your buyer question quickly and politely and be lenient when buyers have complaints.
• Be willing to negotiate when possible
• Do market research to understand the value of the products you sell
• Put real effort into describing your listing by taking a good angle and high quality pictures and also listing product dimensions.
• Don’t forget to offer discount or free shipping.

Conclusion 

The first thing you need to when you want to sell in Bonanza is do the Bonanza login. It’s also the same when you want to sell on other markets. Each marketplace has its own pros and cons. You just need to choose the marketplace that suits you more.

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