It was the largest e-retailer in America in 2021, with a net sale of almost $469.8 billion dollars. About AmazonĪmazon is a multinational e-commerce company that offers digital content, online retail, consumer electronics, computer services, and other local services such as daily specials and foodstuffs. In 2020, eBay’s GMV was only $100 billion, compared to Amazon’s $475 billion ($295 billion of which came from third-party sellers). eBay has evolved much more slowly and remains a small company in comparison to Amazon. They may appear similar on the surface, but their growth paths have been drastically different.

Conclusion: Which Marketplace Should You Sell On In 2023?īy gross merchandise value, Amazon and eBay are perhaps the largest and most trusted e-commerce marketplaces in the world.

Is it Easier To Sell On eBay or Amazon?.You have 30 days to notify the bank or card issuer of problems, however after that, you might be liable for the charges anyway. In the case of credit cards, pay the bill only when you know all your charges are accurate. If you see something wrong, pick up the phone to address the matter quickly. There are protections even if you're not happy with a purchase you did make. The Fair Credit Billing Act (Opens in a new window) ensures that if you get scammed, you are only responsible for up to $50 of credit card charges you didn't authorize. Any seller that wants a different kind of payment, like wired money, is a big red flag. If your debit card is compromised, scammers have direct access to your bank funds. You should definitely only buy online with a credit card. (After all, there's more than one way to get to your money.) Look for any fraudulent charges, even originating from payment sites like PayPal and Venmo. Go online regularly, especially during the holiday season, to view electronic statements for your credit card, debit card, and checking accounts.

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