We’ve already established that eBay is a massive selling platform. However, this cannot be the only reason why you choose it as your ideal selling platform. Why would you want to select eBay over Amazon, which seems to be at the center of all attention?
Well, Amazon and eBay are both successful online selling platforms, but there are differences in how they operate. For starters, customers get different shopping experiences from Amazon as compared to eBay.
Whereas Amazon focuses on providing a platform for standardized brands, eBay allows you to sell unique and handcrafted items. eBay is suitable for any entrepreneur who’s trying to monetize their talents and skills. Many people are on the lookout for exclusive deals, and eBay allows you to meet them at their point of need.
Another primary reason you should sell on eBay is that it allows you flexibility, which any business person needs to thrive. Besides the categories available on the platform, you can add hand-generated listings for anything you want to sell.
Not to mention that you have the liberty to use customized text and images to market your business. Together with the freedom to set your shipping and return policies, is all a business needs to ensure that they deliver as per their customers’ expectations.
Did you know that Amazon buyers have to wait 14 days to have access to revenue? That is not the case for eBay because, with your PayPal account, you get immediate access to revenue as soon as a customer pays.
That is not to say that eBay is better than Amazon, but it’s more convenient for a business person who’s just starting. Business is all about knowing what you want; from there, you can easily choose a suitable platform that supports your business needs.
Many amateur entrepreneurs think that competition is the biggest challenge they’ll ever face. Well, they’re wrong because financial accountability is. Not many business people talk about finances when it’s clearly at the core of any business’s success.
Although, it’s quite important to be on top of your game in matters of branding, make sure you don’t forget that balancing the books is what will keep you afloat. The good thing about eBay is that it allows you to have an online presence as a seller. Unlike most online selling platforms that interact with customers on your behalf, with eBay, you can establish a brand image.
This platform’s link policy is all you need to generate more traffic and ultimately convert prospects to customers.
Since the platform has your business’ marketing covered, you need to focus on accounting. Because you get immediate access to revenue, you can easily misappropriate funds. You need a reliable online bookkeeping service that helps you keep track of your profits.
Instead of hiring an in-house accounting team for this and so much more, you should turn to Rayvat Accounting. This will help with cost-saving seeing as outsourcing accounting is way cheaper than hiring a full-time, in-house accounting team.
As a professional accounting company, we will help you free up time and focus on the core responsibilities of the business. To make informed decisions when it comes to e-commerce, you need real-time data. With our dedicated team, you don’t have to put off bookkeeping which we all know, puts your business at risk of collapsing.
What you stand to Gain by Working with Rayvat Accounting
Rayvat Accounting is the solution online business people have always been looking for. We saw a gap in the market and we dedicated our time and resources to filling it. As a platform organization, eBay is among the many platforms enabling e-commerce, and there is no doubt that it is contributing to the gig economy as well. Accounting has greatly transformed since the birth of the gig economy because it’s no longer business as usual.
Our outstanding online accounting services are tailored to cater to your business’s unique needs. Here is what you stand to gain by working with your expert team;
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A principled team dedicated to quality management and timely response
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Excellent quality bookkeeping and accounting services
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Unmatched turnaround times
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Cost reduction as well as efficacy
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A trained and certified CA, ACCA, and CPA-qualified accountants
We are a leading outsourcing accounting firm that works with businesses that outsource bookkeeping. Since they utilize the latest technologies in accounting, you can expect nothing short of impeccable work on our part.
With frameworks like Quickbooks, Sage, as well as Xero, you need not worry about the security of your data. We securely collect data that will give you insights into how to better your business. Contact us today and find out more about what we offer.
