EBay return stores are businesses that sell consignment items for those who do not want to set up their own eBay stores. Some of them can even buy items for a fixed fee and then sell them, instead of offering a shipping percentage. Either way, it allows people to bring their items and then sell them online.
These companies were incredibly popular in the mid-2000s. But the market has slowed a bit in recent years. That does not mean it is not a viable business opportunity. It simply means that interested entrepreneurs should have a careful plan when they try to enter this industry.
How to start an eBay Store Drop Off
If you are interested in starting an eBay consignment shop or a delivery site, here are some of the most important steps you should consider.
Configure your location
Unlike other types of e-commerce businesses, an eBay delivery store requires a physical location. Try to find something that is easily accessible and located in the center, although you do not necessarily have to be in a downtown district. Often, visitors will search for items to sell, so promoting your location online and in your local community is more important than choosing a place with a lot of traffic.
In your actual location, you must set up a reception area where you can greet people and inspect the items. You must also have an inventory area where you can store and display items, and a photo and packaging area where you can run e-commerce at the end of the business.
You should be very clear with clients about what the process of working with you looks like. Do they earn a commission on sales? Do you simply buy items in advance? How will they receive the payment? What types of items do you accept?
Get the answers to all these questions before you start working to have a better opportunity to provide visitors with a positive experience. You can even publish policies publicly in your store or on your site so that people can easily decide if they want to work with you.
Investigate your markets
Research is key when selling on eBay. You should know what types of items have trends, what items sell well in general and what prices are fair for specific items. Of course, you will have to do a continuous investigation every time you get new articles. But you should also do an initial investigation to determine what types of items you will carry and at what price.
You can accept a variety of items and simply keep an updated price chart to provide some consistency. Or you can stay with specific types of items that you are comfortable with and confident that you will get a sufficient profit. For example, you could specialize in collector items such as coins, stamps and objects of sports interest.
In general, I would prefer to work with some higher-priced items than with a ton of low-priced items. You still need to process, photograph and send everything. Therefore, you must ensure that your profit margin on each item will be worth the time commitment. For certain items that only have low prices, they may simply not be worth it for your store.
Open your online store
Once you have some items to store, you must open your eBay store. You need to register and choose your subscription option. Then you should also create policies on the side of electronic commerce. For example, inform customers how quickly they ship items and what types of returns or exchanges are accepted.
You can also choose design and brand elements for your store. There are not a lot of options on eBay. But you can create a memorable logo and even order branded shipping materials to create a consistent and memorable experience for buyers.
Market your products
Once your store is up and running, you should make it easier for people to find your products. eBay has some product options and sponsored ads that you can use to promote your store at fairly affordable prices. You can also invest in search ads or promote items in Google purchases to get visibility for general searches.
In general, it is also important to use relevant keywords and phrases in your lists so that people can find your products organically. And you can work to perfect your photographic skills and make your products look as attractive as possible.