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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 Fri. November / 16 / 2018

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Car used by LeBron James as high school senior going to auction - ESPN

ESPN

Car used by LeBron James as high school senior going to auction
ESPN
The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken Goldin said he feels the car is "definitely a six figure piece." The car became the subject of an investigation by ...

and more »

Car used by LeBron James as high school senior going to auction - ESPN

ESPN

Car used by LeBron James as high school senior going to auction
ESPN
The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken Goldin said he feels the car is "definitely a six figure piece." The car became the subject of an investigation by ...

and more »

Car used by LeBron James as high school senior going to auction - ESPN.co.uk

ESPN.co.uk

Car used by LeBron James as high school senior going to auction
ESPN.co.uk
The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken Goldin said he feels the car is "definitely a six figure piece." The car became the subject of an investigation by ...

and more »

The Connacht Property Auction returns this week - Leitrim Observer

Leitrim Observer

The Connacht Property Auction returns this week
Leitrim Observer
The company are already taking entries for their 2019 online and public auctions and Patrick Folan from The Connacht Auction team noted “with the high demand we are currently experiencing, now is a great time to market property and we have thousands of ...


Car used by LeBron James as high school senior going to auction - KABC-TV

KABC-TV

Car used by LeBron James as high school senior going to auction
KABC-TV
The car used by Los Angeles Lakers star LeBron James as a high school senior is headed to the auction block. The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken ...

and more »

Car used by LeBron James as high school senior going to auction - ESPN

ESPN

Car used by LeBron James as high school senior going to auction
ESPN
The car used by Los Angeles Lakers star LeBron James as a high school senior is headed to the auction block. The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken ...

and more »

New Holland Agriculture Auctions Off Survivor Tractor to Original Owner to Continue Legacy of Raising Cancer ... - Hoard's Dairyman (press release) (blog)

New Holland Agriculture Auctions Off Survivor Tractor to Original Owner to Continue Legacy of Raising Cancer ...
Hoard's Dairyman (press release) (blog)
New Holland ended its two-year-long Survivor Tractor campaign the way it began: with an auction raising awareness and money for cancer research. A fully restored 1939 tractor, the Survivor Tractor was auctioned off for $8,000 to Mr. Joseph “Bubby ...


India's Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining - Creamer Media's Mining Weekly

India's Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining
Creamer Media's Mining Weekly
KOLKATA (miningweekly.com) – With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant ...


Shakib retained, Fizz released ahead of IPL auctions - The Daily Star

The Daily Star

Shakib retained, Fizz released ahead of IPL auctions
The Daily Star
He was one of the bargain buys of the 2018 edition of the tournament and Sunrisers Hyderabad had acquired his services after a bidding war with Rajsthan Royals during the previous IPL auctions. He contributed to getting his team to the final with meaningful ...


Delhi Daredevils: Players retained, released, current squad, purse remaining ahead of IPL 2019 auctions - Times Now

Times Now

Delhi Daredevils: Players retained, released, current squad, purse remaining ahead of IPL 2019 auctions
Times Now
After buying Gautam Gambhir at IPL 2018 auctions and then naming him as the captain, Delhi Daredevils released the left-hander along with several other cricketers ahead of IPL 2019 auctions. Gambhir, who guided Kolkata Knight Riders (KKR) to two IPL ...

and more »

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