💡Amazon is the world's largest online retailer and eBay's biggest competitor.
📦Amazon offers a fulfillment service called FBA, which handles inventory, shipping, and customer service.
🛒Selling on your own online store allows you to build a brand and have full control over your business.
🌐Walmart, with its massive customer base, is a potential competitor to Amazon in the e-commerce market.
🤝Bonanza offers a platform to sell unique and quirky products while building your own customer list.
What are the main advantages of selling on Amazon?
—Amazon offers a larger customer base, a fulfillment service called FBA, and higher profit potential compared to eBay.
Is it worth starting your own online store?
—Starting your own online store allows you to build a brand, have full control over your business, and potentially make more money in the long run.
Is Walmart a potential competitor to Amazon?
—Yes, Walmart has a massive customer base and is rapidly growing in the e-commerce market.
What makes Bonanza a unique platform?
—Bonanza specializes in selling quirky and extraordinary products, offers low selling fees, and allows you to build your own customer list.
Can I sell on multiple platforms simultaneously?
—Absolutely! Selling on multiple platforms can help diversify your sales and reach a wider audience.
00:00eBay has become more competitive and limited in growth potential.
00:30Amazon, the largest online retailer, offers tremendous profit potential and a fulfillment service called FBA.
07:46Walmart, with its massive customer base, is a potential competitor to Amazon in the e-commerce market.
09:50Facebook Marketplace, with over 1 billion users, provides a platform for local buying and selling.
