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4 Reasons to Quit eBay After its Massive Data Breach
Earlier this month, eBay informed the public of a huge data breach that involved around 150 million of its users’ accounts.
This is one of the biggest security breaks in the history of the internet; it’s second only to MySpace losing 300 million+ passwords and e-mails in June 2013.
What makes this particular breach damaging is that eBay users log their credit card numbers and addresses to buy and sell products. As a result, they are now at risk of identity theft, credit fraud and password theft.
If you’re one of these users - or considering going into ecommerce using the website - you’ve got to ask yourself… Do you want to start or continue using eBay in light of the security breach - and the other 5 problems you’ll deal with as an eBay seller?
Read the list below and decide for yourself.
1. Decreasing Traffic shows that eBay’s traffic has dropped steadily over the past few years, from over 600,000,000 worldwide visitors/month to around 534,000,000.
That’s a massive drop - especially when you consider that services like Etsy, Shopify and Amazon Marketplace have all seen an uptick in traffic in the same time period.
At the end of the day, the whole point of eBay is that it puts your product listings in front of as many people as possible. Sure - in the past, their platform was also valuable. But today, when it takes just minutes to set up a commission-free storefront elsewhere, why bother with eBay if their user base is shrinking?
Especially when you consider their…
2. Massive Fees
eBay makes money from your listings. They charge as much as 12% for products under $25, or as little as 4.5% for a product sold for $1,000 - and that may not seem like a big deal…
But when you factor in the fact that PayPal - previously owned by eBay - also charges you money for getting money transferred, you end up paying 10-15% commission in total.
Bear in mind, this isn’t 10-15% on your profits - this is how much commission you pay on each sale. In other words, if you sell something for $1,000, you only get $900 of that money once you pay these two companies.
Doesn’t seem fair, does it?
Especially since…
3. eBay Protects Buyers - Not Sellers
If you’ve ever had problems ordering on eBay as a buyer, you probably know they stand up for their customers. They’re quick to give refunds, straighten out problems and make things right when you’re buying.
And that’s great…
Until it’s time for you to sell using eBay and you realize that as great as their customer policy is, their seller policy is just as bad.
See, because eBay sides with buyers as a rule, it often doesn’t even bother to see if a seller may be right after all. And because they’re closely linked with PayPal, the latter can help them seize your funds without warning.
Not what you want as an honest salesperson, right?
And to add insult to injury…
4. It’s Not Even That Profitable!
Check out this infographic:
On eBay, over 1/3 of sellers make under $10,000 a year. On Amazon, the respective figure is 9%.
On eBay, only 30.4% of sellers make over $100,000 each year. On Amazon, the respective figure is - wait for it - 54.2%.
Can you tell which company is more serious about creating a healthy, profitable environment for the people selling their products on it?
This is not to say that eBay is awful or useless. Quite the contrary: it’s a wonderful place if you want to sell the odd bits and pieces lying around at home. It sure beats having to run a yard sale for your neighbors and having to sell everything at a fraction of its real price.
However, if you’re serious about making money as a sales person, you’re better off finding an eBay alternative that:
1. Treats sellers well
2. Doesn’t have huge fees
3. Isn’t shrinking in terms of traffic and visitors
One option for you to consider is our site:, which is best eBay alternative.
We’re a no-fee marketplace where buyers and sellers link up on equal terms. Because we create a friendly, constructive environment for everyone - especially small businesses - you can find lots of unique items here… Including ones you can resell on growing marketplaces like Amazon’s.
If you’ve never checked a no-fee marketplace before, prepare to be surprised by the variety and quality of what our sellers are offering.

10 great reasons why TrueGether is best eBay alternative.

  1. Free Listings: It's free to list on TrueGether. Yes, Always.
  2. No fees: Sold an item? You keep 100% of the money
  3. Integration with search engines: Every item you post is sent directly to Google and Bing.
  4. Customer service: A very seller friendly Marketplace.
  5. Manage Multiple Marketplaces: Manage multiple Marketplaces like eBay, Amazon, Google Shopping.
  6. Receive your share of social revenue: TrueGether leverages the social presence of your business to boost revenues.
  7. Organise your customers: You can collect 'likes' and 'endorsements' from your customers to enhance your social presence.
  8. Online Reputation: TrueGether facilitates the management of the online reputation of your business.
  9. Global Marketplace: TrueGether lets you sell your products worldwide.
  10. Easy to use: It is very easy to join and add products on TrueGether.
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