The new service was officially launched last summer as a professional selling service to help eBay sellers list, sell, and ship items. Sellers simply sent them a picture of the product with a short description, and eBay Valet took care of the rest, figuring out the price, listing the item on eBay and sending a shipping box to the seller after a purchase was made.
When the sale goes through, eBay Valet takes a 20-40% cut of the profits depending on how much the product sold for, and if the product isn't sold, eBay Valet will send it back to the seller at no extra charge.
Until now, eBay Valet was only available for shoes, handbags, electronics and other household items, but now it'll also handle high end clothing. To qualify for eBay Valet, products must be "like-new" or new and worth $40 or more.
"Extending eBay Valet to include top designer fashion labels offers more options for people who want to sell their new or like new apparel on one of the world's largest online marketplaces," said Marcelle Parrish, head of fashion at eBay Marketplaces. "Fashion is one of the top categories on eBay globally; in fact, a dress sells every second and a pair of shoes sells every two seconds. The expansion of eBay Valet in the fashion category delivers access to experts who will showcase clothing in the best possible light, in front of one of the largest online shopping audiences."
San Jose-based eBay also partnered with fashion blogger Garance Doré for the debut of the new eBay Valet.
To use eBay Valet, sellers just need to visit ebay.com/valet to request a free, prepaid shipping label. Then they send in the product and eBay Valet takes care of the rest.
"By making selling online more accessible, eBay Valet contributes to the wide selection of unique and hard-to-find items that are available on eBay," Parrish said. "eBay Valet is a quick and easy way to sell everything from handbags and shoes to household items and electronics--and now designer clothing. eBay Valet does all the work for consumers; from estimating the price, to taking professional pictures, to the quick and safe shipment of items to buyers, and everything in between."
Though eBay Valet makes a promising offer for sellers, it has a lot of competition in the space from startups like Poshmark, Twice, and Tradesy who also provide a similar service and are collecting some nice funding from venture capitalists. eBay will have to continue to innovate if it wants to be the go-to service here.
eBay currently has 25 million sellers on its site, as of the first quarter of 2015, and efforts like eBay Valet could incentivize more sellers to come aboard.