eBay is known as the world's largest marketplace, and it is eCommerce supported marketplace. In 1995, the marketplace was started as an auction place for products. The site has been visited by millions of potential buyers every day.
It is a fact that people abundantly visit the site, and this is the reason it is considered the platform to sell the products. It is an eCommerce-based marketplace on which it is easy to sell products without having a significant amount of capital in hand. Neither does the seller need to hold a considerable lot of stock.
The most significant advantage of building an eBay store is that the sellers don't need to spend a surplus of finance on building a store. An excellent gateway can be acquired on eBay by creating a store on eBay to provide drop-shipping service.
It is straightforward to start a store on eBay. You need to make up your mind that you want to create a store on eBay, sign up, and create an account. It is a piece of cake for the web or social media users. You need to learn that it is easy to make an eBay seller account but to build a report with high standards that can grab the customers' satisfaction, you need to follow the given steps.
It is the policy of eBay that all suspicious accounts would be suspended immediately. All the sellers need to follow the proceeding steps to avoid any suspension.
How to start selling on eBay?
To become the best seller on eBay, the sellers need to learn how to set up an eBay account. To make a new startup and build a smooth journey, eBay sellers must follow the following steps to maximize sales in less time.
Without any further thinking, you need to start working on the startup. EBay's setup is straightforward and convenient. It is based on two general proceedings:
First step: Create a free eBay account
Second step: Verification of the eBay accounts & management payments
The significance of each step is given as under:
Step 1: Create a free eBay account
These are the general instructions that you need to follow to create free eBay sellers account:
Sign up with eBay and create an account.
Register for an eBay seller account
Account type is mandatory to be chosen by the seller.
A draft list of all such items available for sale and fill out the "sell your item form."
To start working on eBay, you must go to "My eBay." Here, you have to select "Selling" for the given menu. By clicking on "Selling," you can sign in and sign up. After clicking on the possibility of "Sign-up," you will reach the option of "Create an Account" for registration.
Here is the step where you must be clear about the account choice. Either the account would be an eBay personal account or an eBay business account. After filling in your details in the given slots, you must click "Create Account."
What is the difference between an eBay personal account and eBay Business Account?
It should be preferable to register as an eBay personal account if you do not have a registered business. On the other hand, if you have a registered sole proprietorship or a company, choosing an eBay Business account for an eBay seller is favorable.
There are some significant differences between both types of eBay Seller Account:
Limits set for the sales made in a month
eBay Seller account fee
eBay seller account setup
The eBay seller and account management team mention the listings' limits. It has been seen that the boundary of the listing is lesser for the personal eBay account than the limit enjoyed by the Business eBay account. To become a best seller on eBay, you must know how eBay seller accounts manage and behave as an eBay listing specialist.
Additionally, the eBay seller settling the eBay business account has to pay more fees than the person registering as an eBay personal seller account. You need to understand another rule: it is against eBay's policies for a person holding an eBay private seller account but having a registered business.
Essential requirements to Sign-up:
Following are the requirements and information needed to manage the eBay seller account. It is the verification stage, and it is essential to fulfilling all the essentials:
Complete name
Address
Date of Birth
Your Social Security Number
Some other information is required if you are signing up as an eBay Business account. You should consider all the given information while creating an eBay business account.
· Individual identification information for beneficiaries
· The name of your Business
· Registered business address
· Phone number
· Registration number
· Tax information and registration numbers
It is the stage when your registration has been completed. Now, you must go back to the main "My eBay" page. Once again, you need to select the option "Selling." Your eBay seller account "Overview" can be seen there. In this phase, you need to click on "List an item" to enlist all the products that you want to sell on your eBay seller account.
By clicking "Sell your item," you have to give all the details related to the listing. To be a successful eBay seller, it is essential to offer extensive information about your listings, and you can provide the UPC, ISBN, ePID, product name, and other important information.
After clicking on “Submit”, you will be preceded to the next step to manage the account.
Second step: Verification of the eBay accounts & management payments
You need to verify your eBay seller account before start making sales on the eBay seller account. You need to complete two further steps to satisfy the information requirement of the eBay seller account.
Personal information
Payout details
You need to provide your detailed personal information for this step. The personal information includes the phone number, email address, and postal address.
You need to complete the payout details in the coming step. It further consists of two parts.
Payout Method Verification
Credit Card Verification
It has been seen that most eBay users like to opt for the payout method, but it is the set protocol by the store to get a credit card or debit card. Every eBay seller account manager must provide credit card or debit card details here. It is assured by the eCommerce store eBay that the credit or debit card information will remain safe with the store.
Once you are done with providing the details, it is crucial to verify the payout method. Payouts are the financial disbursements made by customers to receive goods or services. Based on the location of the eBay seller, eBay provides two payout methods:
Through bank account
Payoneer account
It is dependent on the services provided by our country, and eBay defaults working to either choose PayPal, Payoneer, or payment through the bank account.
To handle eBay seller account management better and act like an eBay consultant, you are recommended to understand and comprehend the step-by-step explanation provided by eBay's help guides.
How to do Bank Payout verification?
It would be best if you connected your bank account checking with eBay to receive any payouts through your bank. If you have an eBay personal account, using the same name as the bank title is essential. eBay has different criteria for a person having an eBay business account. You need to provide the following information on eBay to get the account configured.
Name of the account holder
Name of the bank
Routing number
The account number
You can get this opportunity in eBay account management as well. If you have verified your account as an eBay personal seller account, you can convert it into an eBay seller business account. To change the type of account, you need to go to the "Account setting" and handle things as per the requirements.
Upon linking your bank account with eBay, you will receive a configuration and verification email on your email. eBay seller account needs a time of two days at payout at the time of confirming a customer's order.
How to do the Payoneer Payout Verification?
Payoneer is a financial partner of sellers in the region of eCommerce worldwide. It is famous for making dropshipping payments, and eBay also facilitates sellers to benefit from Payoneer.
Apart from everything, the account type and country of registration must be the same on Payoneer and eBay. When you link two accounts, eBay will copy your Payoneer details automatically, and it will then be flushed to your eBay account.
Additionally, eBay will demand credit card or Debit card details on this step to adjust the selling fee in case of short sales by the eBay seller. They will send a verification email to your mailing address at the activation time.
Upon having any problem or issue, you can contact "My eBay" to chat with the help desk.
What are eBay's Business policies?
A person must act like an eBay listing specialist to upload any product listing. Every time you make a listing, you set eBay business policies, including payment method, shipping arrangements, and return policy.
Following are some steps that an eBay listing specialist must follow:
On the ‘My eBay’select the option of ‘My Account.’Click on ‘Manage.’Then choose ‘Account.’Here click on ‘Business policies.’This step will create your payment, shipping, and return policies.Reassign business policies for every new listing.Delete or clean up your unwanted policies.
What are eBay's site preferences?
Here, you will have to provide your shipping details or site preferences. This feature will help the eBay seller to manage the listings, orders, buyers, and invoices.
Following are the critical steps taken by the eBay seller account holder:
On 'My eBay, ' select 'My Account.’Select ‘Manage.’Click on ‘Account.’It will help to open the ‘Selling Preferences page.Click on the ‘All listings and orders' tab to set the preferences.Here, you can see the multi-quantity listings’ to set the listening active, even if they are out of stock.Click on the 'Your buyers' tab; you can manage the buyers, block users, etc.Here, we come to the ‘Your monthly invoice' section, and you can choose the invoice format.
A person needs to be 18+ to have an eBay seller account.