15 mins

Best Online Selling Sites | Our Top 10

Chris Grundy
Aug 6, 2018

Updated Aug 6th, 2018

Best Online Selling Sites. – Finding the best Online selling sites is the most important part of being an Online seller. The most profitable products in the world won’t keep your business running, if the marketplace has low customer volume, high fees or a poor checkout experience. That is why we have created this comprehensive list which covers the best Online selling sites in the world. Only fitting for the global Bitbond community. 

The links in the list are clickable, meaning that you can avoid scrolling past Online selling sites you already know, to get to the good stuff! Our top ten platforms discussed below have great customer volume, excellent checkout procedures and manageable fees. (Click here for the low-down on eBay fees) Those contained in the “Bonus” section are less well known, and might present themselves as a new sales channel for you! We hope this list introduces you to one or two new excellent marketplaces for you to sell your products on, and maximise your revenue.

If you are in the lucky position of selling items on several platforms, you might want to check out our comprehensive list of Online selling tools. Here you will find some great free and premium tools to help you automate selling on several Online selling sites.

[Update: Living in the U.S.A? Click here to find the 3 best Online selling sites in America]

Here are the world’s 10 best selling sites!

1. CQout – one of the best online selling sites; from the UK to 57 countries
2. Amazon – have your products viewed by many thousands of potential customers
3. eBid – check the relatively low fees of one of the best online selling sites
4. eBay – over 150 million active users Worldwide 
5. Folksy – one of the UK’s most rapidly growing marketplaces
6. Gumtree – classified ads website, which attracts 8 million visits a month
7. Etsy – an entirely different kind of selling site
8. iStock – the best online selling sites for photographers
9. Preloved – a great place for advertising items of any kind
10. Rakuten – this Japanese eCommerce website is rapidly expanding 

Bonus Section: Online Selling Sites Around The World

  • Alibaba – definitely one of the best online selling sites on the eastern world
  • Flipkart – one of India’s best online selling sites
  • Jet – with no membership fee, it promises low prices and fast deliveries
  • Craftsvilla – shipping over 20 countries, it offers a variety of handmade Indian products
  • Linio – this website has a great presence in Latin America
  • Lazada – pioneering ecommerce in Southeast Asia
  • Tokopedia – one of Indonesia’s leading online marketplaces

FAQ’s Section | Common Questions About Selling Online 

Q: What can you sell online? 
Q: Who can sell online? 
Q: How can I learn how to sell online? 
Q: How can I build my reputation selling online? 
Q: How can I get an affordable eBay loan to grow my business? 

Let’s get started | 10 best online selling sites 

1. CQout – one of the best online selling sites; from the UK to 57 countries 

CQout is the second largest auction site in the UK and operates as a popular online selling site in 57 countries. Launched in 1999, it has built up a good reputation around the world and is definitely worth checking out if you want to take your revenues from online selling sites to the next level.

It claims to be the most trusted auction site around. Sellers can list items individually or through a CQout store, offering a payment method called SecurePay, which is CQout’s in-house escrow system. SecurePay holds your money until after you examine your purchase.

Once you are satisfied that the product is in fine working order, the buyer notifies the seller and the funds are released.

One of the most attractive features of this auction site is its low cost. There are no listing fees and for normal auctions, there is a commission of between 3% and 6.96% (inc. VAT) depending on the value of the sale.  A store/shopfront costs around £41 a year. As a result, CQout is one of the best online selling sites around, and especially attractive to those looking for an additional revenue stream to their shopping platform of choice.

2. Amazon – have your products viewed by thousands of potential customers 

Up to 25% of Amazon revenues are generated by third parties who sell on the Amazon website, proving that it’s a great way to reach Amazon’s huge customer base and have your products viewed by many thousands of potential customers. No wonder therefore, that we have been seeing a huge increase in the demand for quick and easy Amazon loans.

The rewards can be big for successful merchants, such as the top Amazon sellers, but there can be strong competition so be prepared to put in some hard work. A majority of your effort should be focused on optimizing your Amazon seller central, and finding the most profitable items to sell, factors which are at the heart of your Amazon business.

Amazon selling fees include referral fees and closing fees or a monthly fee for pro merchants. Calculating them is a little complicated; expect to pay around 12% of the selling price, though for some items fees can be as high as 29%.

Be sure to check out our 10 Tricks Top Amazon Sellers Are Using To Get Ahead blog post for more handy tips and tricks on how to crush the competition on one of the world’s best online selling sites.

3. eBid – check the relatively low fees of one of the best online selling sites

As the name suggests, eBid is essentially an auction site and was launched in 1998. Although many items are sold by auction, sellers can list their items as ‘run until sold’ auctions, which is essentially the equivalent of the eBay ‘buy now’ fixed price listing.

Despite the fact that it has a less professional looking website than many other online selling sites, it has relatively low fees. There is an annual subscription of £99.99 for professional sellers, there is no listing fee, and final value fees are just 3%.

4. eBay – top 3 of the best online selling sites, with over 150 million active users Worldwide 

For many people, eBay is the first and, in the opinion of many, best online selling site that comes to mind. Originally, it was set up in San Jose, California by Pierre Omidyar who called it AuctionWeb.

That was in 1995, and when three years later eBay went public, Omidyar and his associate Jeffrey Skoll both became billionaires. Today eBay is the world’s third largest marketplace with over 150 million active users worldwide.

The eBay of today is a different place from the eBay of old. It is far more professional and attracts many major brands as well as small businesses and private sellers. Thus, you might want to have a look at our How to Create a Strategy for Your Online Storebefore you go diving in.

Fees for business sellers are up to 11% of the selling price plus listing fees and a monthly subscription fee which depends on your sales volume. Therefore, it is more important than ever to know what to sell on eBay, in order to find your niche and drive sales.

Once you have found a gap in the market, exploit it by using the Selling Manager Pro to handle large chunks of your business for you. Additionally, you’ll also need to have a keen eye for your eBay SEO, which will determine how high up the rankings your product are shown.

Whether you are just getting started on eBay or are already a veteran seller, you might want to check out this interview with UK Bluetooth, who shares some valuable tips and tricks to improve your eBay business.

To get the working capital you need to grow your eBay business, check out our quick and affordable eBay loans.

5. Folksy – one of the UK’s most rapidly growing marketplaces, specialized in handcrafted items 

Folksy is a similar marketplace to Etsy in that it specializes in handcrafted items, but is one of the lesser known online selling sites. It has a growing following and currently attracts over 250,000 visitors a month and has around 15,000 sellers.

For businesses specializing in the UK handcrafted items it is an excellent market place; think country garden craft fair on the web.

Moreover, fees are relatively low: it costs 15p to list an item with a final value fee of 6% on all sales.

6. Gumtree – classified ads website, which attracts 8 million visits a month 

Gumtree is a classified ads website which was launched in 2000. It was acquired by eBay in 2005 and currently attracts over 8 million visits a month, and sells a million items a week.

Typically the UK site hosts close to two million ads. Private sellers can list their ads for free; though business customers are charged a fee depending on what they are selling.

There are also value-added ways to promote your ads on the site, for instance, paid for banners.   

7. Etsy – an entirely different kind of selling site, specialized in vintage and handmade items 

Etsy is a fully different type of online selling site. 

It has been around since 2005 and is a niche selling site specializing in vintage and handmade items and has a certain “green” homely appeal. According to Etsy, there are 1.5 million sellers and 22.6 million buyers on their site. If you are one of them and in need of working capital to grow your Online store, be sure to check out our excellent Etsy loans.

Fees are much cheaper than Amazon and eBay and typically sellers are charged 3.4% of the selling price plus 20p. It costs 13p to list an item.

What sells best on Etsy? Our top 5

8. iStock Photo – one of the best online selling sites for your professional photography business 

iStock photo is one of the best online selling sites for selling photographs and is an excellent platform for any professional photography business seeking new ways to generate revenue from their business.

To sell your photos on iStock you first need to become a member and then summit examples of your work. If you are accepted you can upload your portfolio.

There are no membership fees and you receive between 15% and 45% of all your stock sales.

9. Preloved – a great place for advertising items of any kind 

Preloved is a place for advertising used items of just about any kind including categories such as pets, antiques, cars, and property; though the website also advertises jobs, tradesmen, and package holidays.

It was launched in 1998 and has now almost 6 million members making it the second largest classified ads sites in the UK. It was acquired in 2014 by The Hut Group.

Essentially, private ads can be posted for free, and businesses are charged £20 a month which includes up to 40 ads. There are no additional listing or selling fees.  Currently, businesses receive one month trial membership for free.

10. Rakuten – with great selling fees, this Japanese eCommerce website is rapidly expanding 

Rakuten is a Japanese company that owns the largest eCommerce website in Japan and is expanding rapidly outside the country mainly through acquisitions and mergers. It recently acquired PlayTrade (Play.com) which it has now rebranded.

While PlayTrade specialized in entertainment including CDs, DVDs, games and books, Rakuten is expanding the market to a wide range of merchants.

Listing products on Rakuten is free and final value selling fees range from 5% to 14.5%.   

Rakuten allows sellers to set up an online store on the Rakuten website; this is negotiated on an individual basis on the application. Hot tip: this could be a good time to get started with Rakuten, which looks set to be as successful in the west as it is in Japan.

Bonus Section: Online Selling Sites Around The World 

  • Alibaba – definitely one of the best online selling sites on the eastern world

It is already among the world’s largest and best online selling sites but remains relatively unknown in the western world, where Amazon and eBay still dominate. The online selling giant has recently partnered with Terapeak, attracting interest from sellers beyond China’s borders, and providing online retailers with valuable sourcing and sales analytics. Alibaba is the world’s largest wholesale marketplace. It is definitely worth checking out if you are looking for another platform to sell on.

If you are a seller on Alibaba and require up to $10,000 working capital to grow your business, be sure to check out our excellent Alibaba loans.

  • Flipkart – one of India’s best online selling sites

It is one of India’s and the world’s largest online selling sites, allowing you to sell books, mobile phones, laptops, mobile accessories, and anything else you could possibly want. Impressively, Flipkart has a same-day guarantee, keeping customers coming back, and definitely worth checking out.

  •  Jet – with no membership fee, it promises low prices and fast deliveries

Having raised more than $700 million and being valued at $1.5 billion as of a recent round of funding, Jet has already grown to be the fourth-largest online marketplace based on gross merchandise volume. There are no membership fees and the startup promises a good selection of items, low prices, and fast deliveries. Unfortunately, this platform is only available in the USA.

  •  Craftsvilla – shipping over 20 countries, it offers a variety of handmade Indian products

Founded in January 2011 and being known as “the Etsy of Asia”, Craftsvilla promises to offer a rich variety of Handmade, Vintage, Ethnic, Organic and Natural products from India. Currently, there are over 50,000 products from over 1,000 Indian sellers on its site, and it’s shipping to over 20 countries worldwide. Craftsvilla charges 20% commission plus service tax on each sale.

  •  Linio – this website has a great presence in Latin America

Linio (backed by Rocket Internet) was founded in 2012 and has presence in Mexico, Colombia, Peru, Venezuela, Chile, Argentina, Panama, and Ecuador. The selling site has 50 million visits per month and charges around 5% commission for each sale.

  •  Lazada – pioneering eCommerce in Southeast Asia

Lazada is the pioneering ecommerce in Southeast Asia and has more than 55 million visitors per month. There is no cost for adding items to your store, but there is a commission charged with each sale. Besides from that, you should know that the minimum listing of products is 10.

  •  Tokopedia – one of Indonesia’s leading online marketplaces

Founded in 2009, Tokopedia has grown rapidly to become one of Indonesia’s leading online marketplaces. If you are from the country, is totally worth checking out how to open your online store on the platform

The 3 Best Online Selling Sites in the USA

Amazon

It’s hard to believe that Amazon began life as a humble Online marketplace for books. Since then, the retail giant has become the biggest and best Online selling site in the US. It sold a massive 18,000 pairs of headphones sold in the first three hours of Amazon Prime Day alone. Absolutely staggering numbers and a stark reminder that Online sellers cannot afford to neglect this sales channel in 2016.

The extraordinary sales volume on Amazon corresponds with higher user engagement than on other platforms as well. US shoppers left over 13.5 million reviews on Amazon in 2016a multiple of that left on eBay.  For Online sellers this means, more sales volume and more feedback. As a result, competing on Amazon is slightly easier than on other marketplaces, with smaller sellers garnering better reviews and outperforming their larger counterparts.

The excellent Amazon Seller Central, helps automate the sales process for smaller businesses and is relatively cheap. The fees for professionals on Amazon are:

  1. Monthly subscription fee of $39.99
  2. Per-sold-item fee of around 15%
  3. A closing fee which varies according to the category of your products
  4. A minimum referral fee.

To put this into perspective, sellers would have to pay around $31.35 in fees for an item sold at $200! Importantly, sellers do not pay a listing fee as they do on eBay. Not bad when you consider the sales volume and high user engagement!

Bonanza

Bonanza is the up-and-coming Online selling site you aren’t using yet! With over 15 million items listed on the platform, the Seattle based marketplace is still leagues behind the big players. Nevertheless, it has managed to attract more than 30,000 small businesses already who are happily selling their products.

On top of the low competition, Online sellers can benefit from relatively low fees, making Bonanza one of the most profitable sites to sell on in the U.S. To hear it from them, you can save up to 50% in fees vs. the competition. While that number is tough to verify, it is clear that the 3.5% fee per sale is significantly below most major marketplaces. There are also no listing fees, and sellers only pay for shipping if costs exceed the $10 “stipend”.

Unlike eBay, Bonanza is a purely a fixed-price marketplace. This means that no auctioning takes place and buyers pay the listed price.

Another feature that makes Bonanza one of the USA top Online selling sites, is the option to import listings from other major marketplaces like Etsy, Amazon and eBay. This is particularly valuable for sellers who want to sell on as many platforms as possible. The import feature is easy to use, making for a quick and easy listing experience.

Craigslist

Craigslist is third on this list because it provides the best (in our opinion) starting point for new Online sellers. Despite its no-frills approach,  the San Fransisco based marketplace has become the world’s biggest website for classified ads. Budding Online sellers can use Craigslist as part of a valuable learning experience, where the sales volume is good and the fees are non-existent.

This is a crucial part of the Craigslist experience as sellers won’t have to part with a penny of their profits. On the flip-side, the pure HTML layout and lean approach mean that sellers are on their own and cannot expect the support available on Bonanza, Amazon or eBay. Thus, Craigslist will not get involved in disputes between buyers and sellers. For large volume sellers this is a problem as disputes and returns can really eat into the effective profit-margin. On the other hand, Craigslist is the easiest Online selling site you can start with. Therefore, it is perfect for new sellersheck out this excellent video by HomemadeEntrepreneur on You

Check out this excellent video by HomemadeEntrepreneur on Youtube

FAQ’s Section | Common Questions About Selling Online 

Q: What can you sell online?

A: If you are opening an online shop, I suppose you want to sell profitable items, have a good return and eventually, have a successful small business. Success comes through a number of factors, one of them being the items you sell on your store.

You should primarily find a niche that you really like. Then, plan your inventory and how to market it. Bicycles, electronics, and books are definitely profitable items to sell. On the other hand, used cosmetics, illegal drugs and animals are things you shouldn’t consider selling on your store.

Q: Who can sell online?

A: Anyone who’s got anything of value can potentially sell online. You should know, though, that having a small online business requires organization, planning, and a small initial fund.

Q: How can I learn how to sell online?

A: Each person learns in a different way. But things that can be useful are trial and error, reading related articles, talking and learning from people that already have a small business.

Q: How can I build my reputation selling online?

A: You should focus on giving your clients credibility. Be honest with the photos and description of your products and make sure the client receives the product on the agreed date. Be sure your products worth the cost you stipulated, among other things. That way, the probability of good feedbacks is way higher. Slowly, you will build a good reputation and clients will know they can rely on your service.

Q: How can I get an affordable eBay loan to grow my business?

A: Most Online sellers grow their business by taking advantage of excellent deals and discounts when they come around. Having the necessary capital to take advantage of these opportunities is vital for the success of your business. When your wholesale supplier offers you a bulk discount, you don’t want to be left floundering because of seasonal cashflow problems.

In this case, an affordable eBay loan from Bitbond can be the perfect solution. Our eBay financing begins at only 1% per month, with loan terms ranging between 6 weeks and 5 years. This gives you the flexibility and control you need to grow your eBay business and maximise your wealth. Want to talk to me about getting financing? Book your appointment here.

Apply for free today and get funded in a matter of days!

Thank you very much for reading our post on the best Online selling sites! If you enjoyed this post please share it to Social Media or let us know what we missed!

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