Differences: 1. eBay’s threshold is not high, but Amazon’s is relatively much higher; 2. eBay’s store review cycle is very long, while Amazon’s is easier, and the review usually takes three days to one week; 3 , In terms of ordering cycle, as long as Amazon's products are good, the ordering cycle is very fast, while eBay needs to accumulate credibility before it can officially sell products.
ebay and Amazon are both cross-border e-commerce platforms, so what are the differences between eBay and Amazon? The following article will introduce it to you.
The operating environment of this tutorial: Windows 7 system, Dell G3 computer.
The difference between eBay and Amazon 1. The threshold for opening a store
ebay’s threshold is not high, and most people can succeed
Amazon The threshold is relatively much higher. To open a business account on Amazon in the United States, you need to register a US company and provide a tax ID (the risk is to choose a good agent, there is a case of Shenzhen foreign trade e-commerce being defrauded of huge sums of money)
Newegg's threshold is that foreign trade e-commerce or manufacturers and enterprises can become international sellers (International Seller) through the First From Asia project. It is a B2C platform.
Note: Amazon’s official regulations require tax to be paid if annual sales reach US$20,000 and 200 transactions. In fact, many sellers receive an email from Amazon after they have made around 50 sales, requiring them to provide a number within one month, otherwise the account will be closed.
There are two types of U.S. tax numbers: personal tax number and corporate tax number
Personal tax number: U.S. citizens all have a Social Security Number (SSN, equivalent to China’s ID number), SSN You can apply for tax returns directly. Chinese people generally do not have SSN.
Company Tax ID: Currently, Chinese people working on Amazon in the United States basically solve the tax ID problem by registering a US company. Registering a U.S. company is not as complicated as in China, and does not require registered capital.
The difference between eBay and Amazon 2. Materials needed to open a store
Although eBay has a low threshold. But when registering, you need a lot of things, such as invoices for the items you are about to sell (to prove that you have enough ability to deliver goods), bank statements or utility bills, etc.
Amazon is relatively simple, just a VISA or Mastcard is OK.
Newegg needs to provide the following application attachments:
China (including cross-strait and three places) legal business license, relevant company background information, and consent to provide company finance when necessary Reports are available for review by Newegg.
W8 Form (This form is required by U.S. banking regulations. All international merchants must complete this form before they can receive remittances from the United States).
The receiving bank account number (must match the company registration name)
The difference between eBay and Amazon 3. Store review cycle
ebay's review cycle is very long. Only five products can be listed at the beginning, and they can only be auctioned. You have to wait until you have a lot of reputation points before you can sell products at a fixed price. It takes a long time to increase the reputation points, which is very annoying.
Amazon is easier, and the review usually takes three days to a week. During this period you can still sell products.
Newegg will review and find the account manager. The qualification will be reviewed for 1-3 working days. After successful registration, the account manager will activate the account and upload the product and necessary information to start selling online.
The difference between eBay and Amazon 4. Restrictions on products
I don’t know much about eBay. What I know is that the threshold is relatively loose.
Amazon products are really strict. Many products are restricted from sale. As for this, Amazon has instructions.
There are some restrictions on the review of the Newegg product catalog and it cannot be opened to international sellers.
The difference between eBay and Amazon 5. Ordering cycle
On Amazon in the United States, as long as the product is good, the ordering cycle is very fast. It’s almost as if it’s on the shelves today and will be available for order tomorrow.
ebay needs to accumulate credibility before it can officially sell products. What a torturous process it is.
If the product on Newegg is right, for example, some 3C products will be placed on the shelves almost the same day.
The difference between eBay and Amazon 6. Competition
I personally feel that ebay is like Taobao, and Ebay is available in most countries around the world. The threshold is low, so there are countless merchants opening stores on this platform in China. When there are more people, there will naturally be no price advantage. Many people sell domestic products abroad.
Amazon has blocked the vast majority of Chinese people. Amazon’s credibility in the United States is very high, and people are more willing to choose platform shopping instead of websites. That's why the prices on Amazon are much higher than on Ebay.
If the product on Newegg is right, for example, some 3C products will be ordered almost the same day they are put on the shelves, with a few thousand dollars in the first month and tens of thousands of dollars in the next month.
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