Discover eBay business account benefits and get the list of the top 7 best benefits of using an eBay business account to consider when opening your eBay account.
Much like the rest of the eCommerce industry, eBay sales skyrocketed in 2020. eBay has well over a billion active listings and is ranked #5 in Digital Commerce 360’s Top 100 Online Marketplaces Database. Whether you’re just starting off on eBay or thinking about switching over from an individual seller account, there are a few things you should consider when registering your account as a business on eBay.
Someone who’s simply looking to sell some of their used stuff to earn a little side cash will most likely find that an individual seller account suits their needs just fine. However, if you have a large inventory or want to add eBay to your business’ multi-channel selling strategy, then you’ll want to register your account as a business.
When it comes to eBay business accounts, there’s a ton of conflicting information on the web, so I spoke with an eBay support representative and eBay expert and Tamebay co-founder Chris Dawson to find out exactly why you would want to make the switch. “In essence, a business account opens more doors to higher shop levels,” said Dawson, “including better customer support and access to different fee scales which can represent big savings.” Here are the top 5 reasons why sellers should consider upgrading.
What are the Benefits of an eBay Business Account?
Here are the top 7 best benefits of using an eBay business account to consider when opening your eBay account:
1) Increase Your Selling Capacity.
2) More Control Over Inventory & Discounts.
3) Enhance Brand Identity.
4) Become a Top Rated Seller.
5) Business Tax Breaks (removal of VAT from eBay fees).
6) Better eBay Selling Fees (eBay charges can be less than 10% [plus any listing fees]).
7) Business Listing Information Outlined (contact details are shown on all listings, invoices, etc [better for tax purposes]).