eBay vs Lamp: A Comparative Analysis for Online Sellers

In the world of e-commerce, one of the main steps you need to take is choosing the right platform to sell your products on. The variety of marketplaces to select from keeps growing. Some, like eBay, established themselves as e-commerce giants and are becoming even more popular daily. Nonetheless, you should not pass by smaller platforms that sometimes offer even better benefits for merchants.

Lamp may be new on the digital market, but it can boost your profits and help you manage your online business. In this article, we’ll explore the advantages that eBay and Lamp provide for online sellers. Find out which e-commerce platform better suits your business needs.

Benefits of Selling on eBay

1. Established Marketplace

eBay is one of the most recognised and trusted platforms in e-commerce. With millions of active users, it offers sellers access to a broad customer base.

2. Global Reach

eBay has an extensive global network that allows merchants to maximise exposure and increase sales in international markets.

3. Advanced Selling Tools

There is a range of selling tools on eBay, including analytics, listing optimisation, and marketing solutions. Sellers use these instruments to manage their businesses more efficiently and make data-backed decisions.

4. Customisable Storefront

Even with some limitations, merchants can choose their own design, name, and logo. It’s also possible to create personalised categories and promote specific listings.

5. Seller Protection

Using eBay ensures that your transactions are monitored, your information is secured, and you’re protected from fraudulent activities.

Benefits of Selling on Lamp

1. No Fees

With Lamp, you don’t need to pay subscription, seller and listing fees. This allows business owners to keep significantly more from what they sell.

2. Simple Terms

Lamp’s straightforward policies ensure that sellers can easily understand their rights and responsibilities, as opposed to more complex conditions on other platforms.

3. Brand Creation and Support

Lamp provides merchants with support in developing and advertising their stores by offering tools and resources to create a brand identity and build a customer base.

4. Financial Management

Sellers on Lamp can benefit from integrated financial accounts. By cutting out intermediaries, Lamp allows business owners to handle their payments, transfer funds, manage suppliers, set up reward programs and more. Like eBay, Lamp also offers seller protection.

5. Ownership Benefits

Sellers earn rewards every time they accept payment with Lamp, in the form of Lamp Reward Tokens. These rewards confirm that the sellers will receive a share in Lamp’s future profits. Lamp pays 10% of all future profits to reward holders.

Comparison Table

Selecting the right e-commerce platform for your online business can significantly impact your success and profitability. eBay and Lamp both offer exclusive benefits and features. The comparison table below highlights the key differences between these platforms.

Feature	eBay	Lamp
Seller Fees	4-14%	Free
Listing Fee	Varies by product	Free
Subscription	Base €19.50/month	Free
Marketplace Payment Fee	2.9%	2%
Terms and Conditions	Complex	Simple
Brand Building	Yes, with some limitations	Yes
Global Reach	Extensive	Growing
Financial Management Tools	Limited	Comprehensive
Advertising Options	Paid options	Free, if rewards offered to Lamp members
Ownership Benefits	No	Yes

Conclusion

As you can see, both eBay and Lamp provide online business owners with distinctive advantages depending on their needs. While eBay has an established marketplace and extensive global reach, Lamp helps to save on fees and offers the unique opportunity to participate in ownership benefits, which could be very valuable as the platform grows.

The good thing is that you don’t need to pick just one marketplace. Listing on several platforms unlocks more possibilities for your business.