Bonanza and a Carnelian Necklace

Carnelian Necklace 

This beauty features carnelian accented with autumn jasper. I love pairing these 2 stones! This necklace is available in my Bonanza shop.

Bonanza
So it has been years since I've listed on Bonanza. I decided to go back after seeing this chart published in January 2014 on ecommercebytes.

sellers choice

Bonanza comes in at number 1 overall as sellers choice! Followed by Etsy then eBay. So now I am using the tops 3 sites for my business.  Here is the whole article here which is quite interesting if you are you looking into other ventures. 

After learning that my own website is not for me, this information caught my attention. eBay actually ranks highest in profitability. This is particularly interesting since users complain about the fees. Hmmm!

Etsy is the easiest to use followed by Bonanza. I have to agree. However Bonanza has great bulk editing features and you are allowed as many categories as you want!

The cost of listing on Bonanza is $0 up front. Who can beat that? Their commission is around 3%. Also a great deal.

One drawback is that you can't print shipping labels from Bonanza (which they are planning on changing). So I'm just accepting Paypal payments so I can easily print labels from there. So this site is only set up for domestic orders until that change happens.

They have actually started something new this year where you can opt to have your listings advertised on Google Shopping Feed, The Find, Nextag, eBay and Pricegrabber for free. The seller only pays if there is a sale from that direct traffic. 

I've read that with Bonzanza a seller really has to work to bring traffic to their booth. But with this option, that may start to change! I'm starting with a low economy option which sends my feed to Google Shopping and The Find. The venues vary in cost and the others are much more expensive when your items sells.

I will be curious to see how this shop (or booth as they call it) does through 2014.

Zibbet is still working on their site overhaul and will soon be experimenting with the new site with certain sellers. That is good news. As soon as the results start to show I plan on listing here too! 

Then there is 11 Main coming soon. Sellers can request a invitation. I'm not sure how this is going to work with the crafting community but it could be a big part of it. I have a sneaking feeling that it will be very user friendly and appealing to the eye. There is also no shortage of money to throw into the site. I have read in a couple of articles that it will pose a threat to Etsy and of course giants like ebay and Amazon.

Sorry for the sort of boring post but I wanted to share my findings in case any of you are looking to explore other avenues. 

As always, have a great week ahead! I'm still working my job but we are interviewing 5 final candidates this week so my fingers are crossed that we will have a good fit so I can move on!

My house is officially going on the market next Sunday starting with an open house. So anxious!!!!

Thank you for stopping by! ~Val