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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 Sun. December / 17 / 2017

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IPL auctions could take place towards the end of January 2018 - Yahoo Cricket

Yahoo Cricket

IPL auctions could take place towards the end of January 2018
Yahoo Cricket
The much anticipated Indian Premier League auctions could well take place sooner than expected, and if the good folks at the Hindustan Times are to be believed, it might see the light of the day sometime towards the end of January 2018. Goa could be ...

and more »

Power ministry may ask discoms not to wait for regulator's nod - Economic Times

Economic Times

Power ministry may ask discoms not to wait for regulator's nod
Economic Times
NEW DELHI: Power ministry may ask distribution companies to accept the revised tariffs quoted by power plants to win coal contracts in auctions without waiting for the regulator's nod. "The regulator's approval is a long-drawn process," said a senior ...

and more »

Artemis Gallery plans stellar Dec. 20 Antiquities, Asian & Ethnographic Art Auction - Auction Central News

Artemis Gallery plans stellar Dec. 20 Antiquities, Asian & Ethnographic Art Auction
Auction Central News
Internationally recognized as being among the foremost authorities in their field, Artemis Gallery's co-founders Bob and Teresa Dodge have reserved some of their consignors' finest antiquities and other cultural rarities for their last regular auction ...


Carrie Fisher blaster highlights massive BC Star Wars auction - CTV News

Carrie Fisher blaster highlights massive BC Star Wars auction
CTV News
Star Wars fans descended on a B.C. auction like a flock of porgs on Saturday, to pick over a large trove of memorabilia from a galaxy far, far away. The sizeable collection, which was being auctioned off in Langley, B.C., included $100,000 worth of ...

and more »

Jane Street Group LLC Increases Holdings in KAR Auction Services, Inc (NYSE:KAR) - TrueBlueTribune

Jane Street Group LLC Increases Holdings in KAR Auction Services, Inc (NYSE:KAR)
TrueBlueTribune
KAR Auction Services logo Jane Street Group LLC boosted its position in KAR Auction Services, Inc (NYSE:KAR) by 31.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The ...

and more »

DoT plans to likely to auction E, V bands via spectrum through auction - The Hindu

DoT plans to likely to auction E, V bands via spectrum through auction
The Hindu
The Telecom Department is planning to allocate E and V band spectrum, which are required to connect mobile towers, through auctions instead of a fixed fee as suggested by the sector regulator Telecom Regulatory Authority of India. “The working group on ...

and more »

Dyersville sale barn ends tradition of livestock auctions - Westport News

Westport News

Dyersville sale barn ends tradition of livestock auctions
Westport News
DYERSVILLE, Iowa (AP) — After generations in Dyersville, a family-owned sale barn is suspending its livestock auctions. Dyersville Sales Co. will hold its final livestock auction Dec. 30. Although weekly hay auctions will continue, the elimination of ...

and more »

Wladimir Klitschko auctions robe containing Anthony Joshua fight prediction - Birmingham Mail

Birmingham Mail

Wladimir Klitschko auctions robe containing Anthony Joshua fight prediction
Birmingham Mail
Wladimir Klitschko has raised £160,000 from the sale of the robe he wore in his final professional fight against Anthony Joshua. The robe had a USB stick sewn into it which contained Klitschko's prediction of how the April bout would unfold. The ...

and more »

Dyersville sale barn ends tradition of livestock auctions - Thehour.com

Thehour.com

Dyersville sale barn ends tradition of livestock auctions
Thehour.com
DYERSVILLE, Iowa (AP) — After generations in Dyersville, a family-owned sale barn is suspending its livestock auctions. Dyersville Sales Co. will hold its final livestock auction Dec. 30. Although weekly hay auctions will continue, the elimination of ...

and more »

Brisbane auction clearance rate rises above same time last year - NEWS.com.au

NEWS.com.au

Brisbane auction clearance rate rises above same time last year
NEWS.com.au
BRISBANE'S auction clearance rate has hit the mid-50s — higher than the same time one year ago, according to preliminary CoreLogic data. The property data firm said “there were 196 Brisbane auctions this week with a preliminary clearance rate of 54.8 ...

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