- Business and Employment
Bonanza.com - The Affordable Ebay Alternative
There are a fair number of people who make a living on Ebay. I’ll admit that I’ve done my share of buying and selling there also, but every time there is an Ebay fee increase I start to look for an alternative. If you’re an Ebay seller you know where I’m coming from. Between the fees for listing and selling your item and the fees that paypal charges my Ebay account takes a lot of my profit.
My quest to find a low cost ebay alternative led me to Bonanza.com. Bonanza is ebay like in that it allows you to sell online, but it's fees are much lower!
Ebay Fees and Alternatives
Bonanza.com Fees Vs. Ebay Fees
The is a market difference between Ebay listing fees and Bonanza.com listing fees. Primarily because Bonanza has no listing fees. That’s right Bonanza does not charge you to list you products. They don’t charge upgrade fees for photos. They don’t charge fees on shipping. They don’t charge for a lot of things. They do charge monthly fees for packages that upgrade your services such as background burns and customer tracking. Bonanza also charges for offsite advertising if you want to accelerate your sales. They seek compensation for advertising your products on Ebay, Google Shopping, Craigslist.org, and elsewhere.
The decision is yours to make in regards to how much you spend. If Bonanza.com customers are meeting your needs you don’t need to spend the extra money on advertising.
Bonanza Fee Table
FOV under $500
3.5% of FOV for standard booths, or 5.9% of FOV for Managed Merchants
FOV greater than $500
$17.50 + 1.5% of the amount over $500
$0.50 cent minimum fee.
Have you sold products on Bonanza.com
Bonanza.com Booths Vs. Ebay Stores
Other than ease of use and lower cost (free) I don’t see much difference between an Ebay store and a Bonanza both. The major differences are expense, display, ease of use, and customer tracking. I guess there were more differences than I thought. To me Bonanza’s booths are more aesthetically pleasing than Ebay stores.
Ease of Use
I find Bonanza.com to be far easier to use than Ebay. Your booth is set up so that you can easily access your products performing edits at will. You can also duplicate products which a very efficient way to add related products to you shop.
Is Bonanza.com the Best Ebay Alternative?
Bonanza.com may not be the best ebay alternative, but it sure is a good one. It is cheaper, easier to use, and listing fees are nonexistent. Where Bonansa.com lacks is in the amount of traffic. Granted Bonanza receives a lot of internet customers, but nothing compared to Ebay. Ebay.com also has a greater diversity of categories, but I wouldn’t count Bonanza out. I’m sure that they will increase their category diversity as they grow.
Bonanza is a winner. It is cost effective and easy to use. Signing up is free so why not give it a try. You may just find a new home for all those great products you are trying to sell!
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Hub Update 6/10/2013
This past month I paid out the 17% to have my products published on Ebay and Google shopping. Yes my sales did go up, but to my surprise Bonanza used my Ebay account to advertise my products. They simply adjusted the price to cover their fees. That being the case I decided to disallow Bonanza from advertising my products on Ebay. I still made several sales trough Bonanza and Google shopping, but I did notice a dramatic decrease in product views. In all I still believe that Bonanza is a great alternative to Ebay, but the Ebay marketing function is not worth the 17% marketing fee when you can utilize your own Ebay account.
Links to Other Ebay Alternatives
- Etsy - Your place to buy and sell all things handmade, vintage, and supplies
Buy and sell handmade or vintage items, art and supplies on Etsy, the world's most vibrant handmade marketplace. Share stories through millions of items from around the world.
- eBid Online Auctions
eBid. The worlds online auction marketplace. Buy & sell just about anything in our free listing auction and fixed price environment.
- iOffer: A Place to Buy, Sell & Trade
Like finding a deal? You'll love iOffer! Save on Clothing & Accessories, Electronics, Jewelry, Collectibles and more at the world's leading social marketplace.