We all have those items that we eventually grow out of, or lose interest in. Or maybe it’s something we bought, thinking it would be useful but immediately regret only when the item has been handed to us. Instead of letting them collect dust, selling them online is a great beneficial way to get rid of them. This article will cover how to sell designer handbags on eBay,
How to Sell on eBay
With the launch of eBay’s new authentication service, selling your designer handbags on their site has now become easier. To start:
- List the luxury handbags you intend on selling.
- Select the ‘Sell with eBay Authenticate’ option.
- You can then ship the item for free to a team of professionally trained authenticators and experts in the industry.
- Your item will then go through a multi-step authentication process, where the price of that item will then be determined before officially listing it on the site.
When you enter the name of a handbag for listing, an AI will determine whether it’s eligible for authentication or not. If it is, an option to create an order will pop up and allow you to send the handbag to go through the authentication process.
For eBay, there is nothing more important than the trust the customers place in them. This is why they go to great lengths to ensure that the products being sold to the buyers are a hundred percent as authentic as the sellers advertise them to be.
Tips for Selling Designer Handbags on eBay
Do purses sell well on eBay? The short answer is yes. So far, the handbag category is among the most saturated on eBay. Entering the word ‘handbag’ in the search bar already results in about a million listings.
So, if you ever decide to sell one, you need to be prepared for the overwhelming amount of people you would have to compete with. Fortunately, we’ve prepared some tips and tricks that can help you gain a competitive edge in the industry.
Put effort into your descriptions.
Try to imagine what you would want if you were the buyer. Give them as much information as possible as this builds their confidence in you and your product. Not to mention, adding more information helps answer any questions they might have.
eBay has a field you can customize for all sorts of characteristics of your product such as specific materials and materials. You should take full advantage of that feature to increase the chances of a shopper buying your product.
The title of your item should be rich in keywords.
People scrolling through eBay tend to be very specific with the product they’re looking for. This is why it’s important to beef up your headline with terms they might search for.
Use the brand name, with its correct spelling, as well as the material, color, size or style to attract more potential buyers.
Make sure to take lots of good pictures.
Pictures make a huge difference. Buyers want to know exactly what the product looks like, so they know there’s less chance of being scammed. Add as many good pictures of the product as you can.
You can take a general shot but also zoom in on important features like its embellishments. Pay attention to the angles of your pictures too. The right angle can help reveal an additional feature of your product that a buyer might like.
Set realistic prices.
Price is one of the most important things a buyer looks for when shopping for a product. If you set it at too high of a price, then it’s unlikely for the product to sell.
When deciding on the price, consider how much the product cost you when you originally bought it, as well as its general value in the market. You have to make sure to find the perfect balance that allows you to earn a profit but also doesn’t rip your customers off.
Offer free shipping as an incentive.
Plenty of experienced online sellers recommend offering free shipping to customers. It’s also definitely a sure way of attracting your buyer’s attention.
Purchasing and printing postage through eBay’s portal can help you save on the prices that your local post office might charge you.
Seller’s Fee
How much does eBay take from a handbag sale? The fees that a seller pays to eBay for every handbag sale depend on whether they have an eBay Store Subscription or not. eBay also charges sellers twice: during pre-sale and post-sale.
Pre-sale has insertion fees that also depend on whether the seller has a subscription or not. If the seller doesn’t have a subscription, then they get 250 free listings per month, including auction or fixed-price items. Any additional listings after that cost $0.35.
For sellers that do have a subscription, they get a certain number of free listings every month and pay a monthly subscription fee.
For example, a seller that doesn’t have an eBay subscription but has 1,000 listings per month would have to pay $262.5 every month, while a seller who has the Basic subscription tier can enjoy their 1,000 zero-insertion fee listings per month and only pay a $21.95 monthly subscription fee.
There are 4 subscription tiers you can choose from. Make sure to choose one that’s best suited to the number of listings you’ll be inserting per month.
For sellers who do not have a subscription, they have to pay 15% if the total handbag sales they made are equal to or less than $2,000. If it goes over the $2,000, then the seller only has to pay 9% of the total sales. A $0.30 fee is also charged per order.
For sellers who have an eBay Store Subscription, they have to pay 13% of sales that are equal to or less than $2,000 while sales that total over $2,000 will only be charged 7%. The same amount of $0.30 is charged per order.
Conclusion
Selling online is definitely a great option for people who have unused items lying at home. Instead of throwing them out, you can resell them and earn yourself some money.
Of course, with a market as saturated as the handbag industry, it can be difficult to gain an edge especially if you’re new to the whole business scene. But, if you follow our guide for selling handbags on eBay, then it’ll bring you a few steps closer to successfully selling your products.
