Why are things on eBay so cheap? What are the reasons?

eBay sellers who have done business on eBay know that sometimes their products originally have some profit margins and sell very well, but due to various reasons, the prices are reduced again and again, and the profits of products in the eBay store have fallen seriously. So why are things on eBay getting cheaper and cheaper? Why does this happen?

1. The entry threshold is low, and price wars are the best weapon for Chinese sellers to fight each other and invade foreign markets.

Small sellers: In order to save costs, buyers who have just started out do everything by themselves, including listing products, processing orders, packaging and shipping, and providing customer service. This is undoubtedly very cost-saving. In order to quickly gain customers, price war is undoubtedly the fastest and sharpest weapon. This group of people were the first to join the price war.

Big sellers: Big sellers engage in price wars in the early stages to incur strategic losses. In order to gain more traffic and profits later, the initial price wars are even more intense than those of small sellers.

The ones who are caught in the middle are the small and medium-sized sellers with small teams. They are losing money, but they have to support the team and cannot afford to lose money; they sell at high prices, but basically cannot sell much.

2. Determined by the Diaosi customer group

Diaosi: Baidu directly translates it into loser, which is vivid and descriptive. After so many years of hard work and development, eBay has indeed gathered such a group of Diaosi people. They are not very sensitive to time and do not mind waiting for a few more days. They like cheap and good things and are easily satisfied. I have tried it myself and found that things that almost all buyers in China would return, but foreigners still gave them A++++++ after receiving them. It is hard to understand.

3. Product homogeneity (the most important point)

If you are an American buyer and want to buy an iPhone 6 phone case, after searching on eBay, you will see thousands or tens of thousands of products with the same model and even the same pictures, and these products are all from China. Undoubtedly, low price becomes the only criterion for buyers to choose products.

After reading these situations, you will understand why many things on eBay are currently very cheap. The above is the relevant content about eBay in this issue. If you want to get more eBay information, please continue to pay attention!