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The Effects of eBay on American Merchandising


With one brilliantly simple idea, eBay was born just a few short years ago.

From its humble beginnings in the Collectibles business, it went on to achieve the lofty heights it enjoys today.

As eBay has continued to grow to over 30 million registered users, it has transformed the ability of individuals (as well as Corporations) to move product of all kinds.

eBay is now a place where virtually any item imaginable is available, for the right price.

With a few clicks of your mouse, the doors to the world marketplace are opened for you.

Similarly, with a few clicks of your mouse, the entire world can be viewing your merchandise for sale.

It is this awesome power that eBay gives to you, for a small fee.

Is it any wonder that large institutional sellers, such as the U.S. Postal Service, J.C. Penneys, various Police Departments and all types of Corporations have discovered the power and efficiencies of selling on eBay?

The drawback for the smaller seller is that, as more and more individual and institutional sellers sign on to sell on eBay, the supply of similar items will increase.

This increase in supply results in a decrease in demand, and with that decreased demand, lower ending bid amounts and lower profits for all sellers.

This has already begun to happen in some categories as ending bids continue their slow trend downward.

As sellers begin to see profits eroding due to too many sellers "playing the game", the question of the day seems to be, "What is the best thing to sell on eBay?"

The simple (and somewhat facetious-sounding) answer is, "Whatever people are interested in that is not currently selling on eBay in mass quantities".

More often than not, success on eBay results from a seller taking on a niche that they are familiar with and enjoy. Many of the top eBay sellers have built their entire business around a niche that they enjoy, such as a certain type of collectible, or a certain hobby, interest or sport.

If you take this approach, not only will you be happier doing that which you enjoy, but listing items will not become a "chore", it will be an enjoyable experience.

As eBay continues it's trend-line of massive growth, sellers must be increasingly aware of three things that will ensure opportunities for growth and success:

Ultimately, it is this extra awareness that will determine who the winners are in the game of Online Auction sales.

About The Author

David Espino is the Author of Beyond eBay and Life In The Dot Com Lane.

To receive a free excerpt from the book - Beyond eBay, visit www.HomeBasedBusinessowner.com

Email: dave@HomeBasedBusinessowner.com


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Sat. May / 26 / 2018

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'Like pulling teeth': Buyers cautious in Sydney's cooling auction market - Domain News

Domain News

'Like pulling teeth': Buyers cautious in Sydney's cooling auction market
Domain News
Agents in Sydney's south had their work cut out for them after a hotly tipped auction turned out to be “like pulling teeth” in a long and drawn-out 20 minute affair. Following a campaign that saw more than 70 groups through newly-renovated 17 Kittani ...


Home under the hammer in Yorkshire - Yorkshire Post

Yorkshire Post

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Yorkshire Post
Auction is best for some properties as bidding heats up for bargains and homes out of the ordinary. Sharon Dale reports. Box Tree cottage in picturesque Lockton, near Pickering, is a prime example of how auction can be the best method of sale for some ...


Kaminski Auctions Exceptional Estate Auction June 2 & 3, 2018 - PR Web (press release)

PR Web (press release)

Kaminski Auctions Exceptional Estate Auction June 2 & 3, 2018
PR Web (press release)
Kaminski Auctions will hold a Two-Day Auction June 2nd and June 3rd starting at 10:00 AM EST. Day One of the auction will feature an important stamp collection, plus coins, medals, and sports memorabilia, Day Two features fine art and exceptional ...


Kaminski Auctions Exceptional Estate Auction June 2 & 3, 2018 - PR Web (press release)

PR Web (press release)

Kaminski Auctions Exceptional Estate Auction June 2 & 3, 2018
PR Web (press release)
Kaminski Auctions will hold a Two-Day Auction June 2nd and June 3rd starting at 10:00 AM EST. Day One of the auction will feature an important stamp collection, plus coins, medals, and sports memorabilia, Day Two features fine art and exceptional ...


Govt moves to curb property devaluation during public auctions - The New Times

The New Times

Govt moves to curb property devaluation during public auctions
The New Times
The Minister for Justice, Johnston Busingye, has sent a warning to unlicensed brokers who get involved in shady public auctions. Speaking yesterday at a consultative meeting to discuss efficient and effective enforcement of court judgments, and other ...


Ontario County fetches $552K at auction - MPNnow.com

MPNnow.com

Ontario County fetches $552K at auction
MPNnow.com
HOPEWELL — Ontario County recouped back taxes and fetched a selling price on 16 lots Wednesday at the county's annual auction of tax-foreclosed real estate. In all, the county will collect $552,360.50 on the lots that have a total assessed value of ...


Graham to return for Komets, Fort Wayne auctions off jerseys - WANE

WANE

Graham to return for Komets, Fort Wayne auctions off jerseys
WANE
Friday afternoon they concluded the season with the annual jersey auction to raise money for charity. Head coach Gary Graham said he would be back for another year. A majority of this team will be different heading into next year due to the ECHL ...

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BidX1 marches onwards with the launch of Europe's largest online auction to date - Mayo Advertiser

Mayo Advertiser

BidX1 marches onwards with the launch of Europe's largest online auction to date
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BRAZIL: Treasury Announces Extraordinary Debt Auctions For Next Week - Markets Insider

BRAZIL: Treasury Announces Extraordinary Debt Auctions For Next Week
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(RTTNews) - The Brazilian Treasury Department announced three extraordinary debt auctions for next week, in response to "current market conditions" and to "support the local public debt markets" functioning. The Treasury Department said that it would ...


Sotheby's Inc.: Record Royère Leads Sotheby's $25.1 Million Design Sales in NYC - The Wall Street Transcript

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The Wall Street Transcript
NEW YORK, 25 May 2018 - Sotheby's spring auctions of 20th Century Design concluded yesterday in New York with an impressive total of $25.1 million - surpassing the series' high estimate of $21.6 million. Nearly 400 lots were offered over the course of ...


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