Pros and Cons of Selling Your Food Truck on eBay
Thinking of selling your food truck in the future using the Internet? Guess, you’ve got eBay in your mind, right? Accordingly, the site gets millions of visitors daily to make purchases, sell goods and services and most importantly, to make bids on auctions.
For more than two decades since it was founded, eBay as a major online marketplace continues to earn the trust and respect of consumers and vendors alike – on a global scale! As an international auction and trading company, eBay caters to individual sellers and small businesses, becoming the world’s top-rated e-commerce site. Small wonder then that countless people are lured to buying and selling almost anything of value, food trucks included, on eBay.
While there’s eBay Inc. conducting consumer-to-consumer and business-to-consumer transactions, there’s also eBay Motors, one of the company’s marketplace categories that offer motor vehicles, parts and accessories for sale.
Speaking of motor vehicles, it’s a broad term to include trucks, cars, motorcycles, boats, campers, RV’s and the like. So, if this e-commerce site is really that wide-ranging, there’s no doubt that potential customers will find it convenient to do business here.
What’s Inside
At a Glance
Experts are right in saying that when selling on eBay, you’re giving your business a big boost. However, while there are advantages, there are also known disadvantages to shopping on this site. Let’s see what these are.
On one hand, the greatest advantage of buying and selling motor vehicles on this world-famous marketplace is its vast audience from where you can find a large number of prospective buyers at any given time. Thus, anybody interested in buying and selling a food truck including spare parts and accessories, will find that eBay is the perfect choice for an online store.
Contrastingly, entrepreneurs are faced with high costs to pay on eBay Motors unlike other marketplaces which offer affiliate marketing for free.
Now, these above-mentioned are just the general observations from people who patronize the said digital platform. Let’s delve deeper on the pros and cons.
Pros of Selling on eBay
Great way to earn repeat customers
Other than reaching a massive audience and getting access to a huge volume of probable customers, selling on eBay also affords you the chance to gain new customers once you make a sale. Nonetheless,to sell online, you need to learn the appropriate strategies to promote your online store better in order to persuade your buyers to visit you again. This is one good way to earn repeat customers.
Records show that in 2017 alone, 168 million were already noted to be active and frequent eBay users, searching for products and services they needed most. So, imagine getting loads of potential customers which could only mean higher sales volume for that vehicle you’re offering to sell.
Simultaneously, it also gives you the opportunity for added exposure. Who knows your future customers could be in search of a particular food truck they had in mind and eventually, find your unit with your auction listing. There’s really that chance for you to get competitive when that prospect might have opted to otherwise buy from your competitor.
Plenty of choices
Let’s say you’re shopping around for a food truck as a buying customer. The moment you narrow your search down, you’ll automatically be shown plenty of unbelievable choices at this marketplace. The best part, as an eBay seller, there’s this community you can join that has the ability to draw people in because they fancy the shopping experience here.
Hassle-free process of becoming a vendor
Getting your food truck for sale listed is quick since the process is hassle-free. To become an eBay member, just register and then sign up for a seller account. In less than an hour, your listings will be functioning, that is – if you have provided all the necessary information and submitted the needed requirements.
Initially, you can have around 50 listings free of charge. An additional item will be charged per listing, if you’re a non-store operator. Likewise, to create a private listing, no extra fees are collected. The eBay site has structures you can opt to use if you desire to sell your listings to a specific demographic.
Cons of Selling on eBay
Not a good place to sell highly expensive items
This is because bargain hunters abound on this site, expecting to make the cheapest transaction possible. Sometimes, customers can get offensive with their bargaining skills to the point of convincing the seller to give in to their demands just to make a sale.
Unfortunately, there’s some sort of ‘penalty’ for sellers who fail to reach top-seller level. Therefore, it’s important to exceed the minimum performance standards in the US. Remember to ship that item you sold in 24 hours or else, run the risk of getting a poor presence in search results.
Changes on the website are out of your control
You can’t control eBay as they make necessary changes on the site for improvement. They just want consumers to avail of the benefits the changes will bring. Hence, you have also to change your business model to be able to cope up with the change otherwise you lose profit.
On the whole, anyone can sell anything on eBay, more so food trucks, using different structures available in this marketplace. Whether choosing to operate as a non-store or not, remember there are challenges to face along the process.
But, there’s another option to sell without so much trouble. UsedVending teaches you how and where to sell your food trucks. Visit this page to get helpful information.