Among the global e-commerce platforms, eBay is undoubtedly a major platform that has attracted much attention. As a seller from China, if you want to expand overseas markets, opening an eBay UK store will be a good choice. In this article, we will introduce the process and related costs of opening an eBay UK store in detail.
1. Register a trading account To start opening a store on eBay UK, you first need to register a trading account. Just visit eBay and click the “Register” button to enter the registration page. Fill in your real name, valid email address and secure password, and follow the prompts to complete the registration confirmation. After the registration is completed, you will receive a confirmation email. Click the confirmation link to activate the trading account.
2. Register a capital account In order to trade and receive payments, you need to register a capital account. This process is similar to registering an ailipay account. You need to provide personal information, including name, phone number and mailing address, and authenticate it.
3. Bind account and payment account Log in to your trading account, click the “eBay” account in the upper right corner, select “pay account”, and then connect to your capital account. Enter the account number and password to complete the binding.
Now, let’s focus on the specific information required to open an eBay UK store:
1. Business license eBay only allows companies to enter, so you need to provide a valid business license. This can be a business license from the mainland or Hong Kong, but a self-employed business license cannot be registered on eBay.
2. ID card You need to provide the same ID card as the legal representative on the business license, and prepare a color scanned copy for verification.
3. Contact information Provide a valid email address and mobile phone number. It is recommended to use an overseas email address, such as Gmail, and do not use email addresses on other platforms to ensure that you can receive relevant notifications from eBay smoothly.
4. Credit card You need to have a dual-currency credit card such as VISA, MasterCard, etc. to pay for store management fees, handling fees, etc.
5. Collection account Currently, eBay only supports PayPal as a collection method. It is recommended to register a corporate version of PayPal account in advance.
Fee is an important factor to consider when opening an eBay store. Here are some of the related fees:
1. Listing fee eBay UK allows sellers to list up to 20 items per month for free (except cars, motorcycles and vehicles). For items exceeding the free quota, a listing fee of £0.35 is required for each item.
2. Transaction fee When the item is successfully sold, the seller needs to pay a transaction fee, which is 10% of the final transaction price (including postage). The transaction fee for a single item will not exceed £250.
3. Monthly rent fee When opening an eBay store, you need to pay the corresponding monthly store rent fee every month according to the store level you choose. eBay provides three levels: basic store, advanced store and super store, each with different monthly rent fees and benefits.
In summary, opening an eBay UK store requires some basic registration and authentication steps, such as registering a trading account and a capital account, and binding a payment account. In addition, you also need to prepare a business license, ID card, valid contact information, credit card and PayPal collection account. In terms of fees, pay attention to the payment of listing fees, transaction fees and store monthly rent fees.
Opening an eBay store is an opportunity to promote your products to the global market. Although there is no standard answer to determine which products sell well in the UK market, the UK market still has great potential for Chinese sellers. After understanding the process and cost of opening an eBay store in the UK, you can better plan your overseas sales strategy and seize market opportunities.
The above is the answer to the process and cost of opening an eBay store in the UK. Please note that due to differences in laws and regulations and eBay rules, the process of opening a store in different countries and regions may be slightly different. Therefore, before opening other sites, it is best to understand in detail to ensure that you have prepared complete store opening materials.