eBay Vs. iOffer
When I was first researching this site I came across some forums claiming that the site was a scam. The truth is the site is not a scam but many of the sellers there are in fact scam artist. The site is just that a site it doesn't guarantee any transaction or do mediation in the way that eBay does between buyer and seller. Because of this many many have used the site to scam others listing big ticket items and never delivering the goods. Beyond that though iOffer has some interesting features not found on eBay:
eBay Vs iOffer
Head to Head
*Alexa is a service that ranks websites according to popularity that is by views and unique visitors. The lower the rank the higher the traffic, currently Google.com is ranked #1.
**PayPal also charges 2.9% for each transaction through eBay.
So let's do a little hypothetical comparison shall we. Let's say that we list 300 items on eBay for $9.99 each. We list them as Buy It Now and we have a Basic eBay Store. We are expecting about a 60% sell through rate.
All in all then you would have made 1798 in gross sales then you have to take away the fees. The total fees add up to 273 or about 15% of sales. Leaving $1525 in net sales.
Now let's try the same with iOffer
You would make $1663 net paying only 7.5% in fees sounds great right. There is a flaw though in this example namely that iOffer would have the same sell through rate as eBay which is unrealistic. To be more realistic we could set the iOffer sell through rate to say 15%. You would still only be paying 7.5% but your net sales would only be:
This would leave you with net sales of $416. Not quite as good as eBay however this is only an example and your sell through rate could be higher. Plus it is quite easy to list on both eBay and iOffer since you can always import your items. Each extra sale you receive would be effectively reducing your overall fees.