Forecast of eBay’s best-selling products in 2023 and analysis of factors affecting sellers’ profits
On eBay, the world’s second largest online marketplace, understanding overseas consumer trends and hot-selling categories is crucial for cross-border sellers. With the huge traffic and business opportunities on the eBay platform, sellers are eager to seize the opportunity to generate sales. In order to help sellers better choose sales categories, the following is the prediction of eBay’s hot-selling products in 2023 and several directions that sellers can delve into.
1. Home and Garden Products
The home and garden category has always been a hot-selling category on eBay and is deeply loved by consumers. Nowadays, many people are trying to DIY their own decoration in order to reduce the cost of living, and the number of searches for related decoration tools is also rising. Similarly, the purchase frequency of gardening supplies remains high and is hardly affected by the seasons. For sellers, these categories are relatively low-risk choices, but you must pay attention to quality issues when choosing products.
2. Fitness products
After the epidemic, more and more people have joined the fitness ranks. Whether it is a consumer group that goes to the gym or a group that exercises at home, fitness clothing, home fitness equipment and other categories are very popular. The demand for fitness-related products also shows a continued growth trend. There are many subcategories under the fitness category for sellers to choose from. Cross-border sellers can consider medium and large-sized fitness equipment products, because the overseas warehouse transportation and storage of such medium-sized and large-sized products are now more convenient and cost-effective, and there are relatively few restrictions.
3. Health and Beauty
Health and beauty products include skin care products, perfumes, vitamins and dietary supplements. These consumable products usually have high repurchase rates. As long as product quality is guaranteed, sales can usually remain stable. This is also one of eBay’s best-selling product predictions. However, sellers need to pay attention to relevant regulations and sales policies in this category to avoid problems such as illegal removal and processing.
4. Handmade materials
Handmade materials are a type of product with low cost and wide variety. Package sales are very popular and are one of the easier categories to sell. In addition, demand for such products continues to grow. Sellers only need to keep up with current fashion trends and keep pace with aesthetics to achieve breakthroughs in the fiercely competitive market.
5. Electronic products and accessories
Electronics and accessories are a high-selling category on eBay. This includes smartphones, tablets, computer accessories, digital cameras, and more. Consumers look for electronic products at reasonable prices and reliable quality on eBay. Sellers can offer popular brands and models, competitive prices, and reliable after-sales service to attract buyers and increase sales.
Factors affecting eBay sellers’ profit margin
With the rapid development of the e-commerce industry, more and more people are beginning to flock to e-commerce platforms, and eBay, as one of the world’s leading online auction platforms, has also attracted the attention of many sellers. However, many people still have questions about whether they can make huge profits selling things on eBay.
When a seller sells an item on eBay, eBay will charge a corresponding handling fee based on a certain percentage. Specifically, eBay will deduct 10% from the selling price of the product as a handling fee. In addition, if you choose eBay’s promotion service, you will also need to pay corresponding promotion fees.
It is worth noting that eBay also has many hidden fees, such as return fees, logistics fees, etc., which will also have a certain impact on sellers’ profit margins.
How to check eBay’s best-selling products
For novice sellers, when they don’t know how to view the best-selling products on eBay, they can obtain relevant information through two channels, that is, using the eBay platform to check the sales volume and ranking of the corresponding products, or You can obtain the desired information through some third-party plug-ins or tools.
Specifically, if a seller wants to check the best-selling products on eBay through the platform, he needs to first clarify the “keywords” corresponding to the products he wants to query, and then search for the specific product sales in this category on the platform. and ranking data.
Currently, the more common third-party query tools mainly include: Terapeak, Algopix, eBay Listing Templates, Title Builder and Title Builder, etc.
To sum up, the profit margin of eBay sellers is affected by many factors, including handling fees, transaction fees, promotion fees, return fees, logistics fees, etc. However, if sellers can fully consider these factors and adopt effective strategies to increase sales and profits, selling on eBay can still be profitable. With continuous learning and improvement, sellers are expected to create a successful eBay seller empire and achieve long-term sustainable profit growth.