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
Everyone's talking about eBay these days. With the frequency of... Read More
We all have items in our closets and stuffed in... Read More
I just received an interesting email from eBay and it... Read More
Yesterday I saw a mention in someone's email ezine about... Read More
It is a well known fact that the more pictures... Read More
Creating a product from scratch that you can sell on... Read More
When my sons were growing up they started playing hockey... Read More
You've heard about it many times in recent months. Being... Read More
You might be one of the thousands of individuals who... Read More
If you want to earn a full-time income selling on... Read More
eBay and Dropshipping go together like a hand in a... Read More
Knowledge is Power! And this statement could not be more... Read More
Internet auctions are relatively new having been around since the... Read More
Kids Items You Can SellClothes, toys and videos are good... Read More
About City Police Departments AuctionsThe City Police Departments handle and... Read More
If you have dabbled at all in the world of... Read More
Auction supplies are clearly an expense and major consideration for... Read More
eBay is one of the world's largest market places with... Read More
The Internet Fraud Complaint Center (IFCC) reported that last year... Read More
Basic Paper Piecing TipsHere are some tips that will help... Read More
Unfortunately for those just breaking into the wholesaling business, drop-shipping... Read More
Drop shipping, for those who are unfamiliar with it, is... Read More
Have you ever dealt with a salesperson or a waiter... Read More
Ebay is Perhaps the easiest and fastest way to start... Read More
Once you've created the best possible title for your item,... Read More
1. Include your ebay seller name, store, and website information... Read More
I've got this strange friend; her name is Maria. Maria's... Read More
On another forum I'm involved with, someone's asked a great... Read More
Launching your very own successful website is the dream of... Read More
It should be simple - your favourite team/band/theatre play is... Read More
As a small business person-slash-advice columnist I dread the first... Read More
You may be in the market for a new website.... Read More
This is the most boring stage of the process and... Read More
If you were to look through eBay, or any other... Read More
When its time to clean-up around the house, some people... Read More
Need Extra Money? Buy and Sell Your Gently Used Baby... Read More
You've started your own eBay business and, even though it's... Read More
While the world continues to go catatonic over the Internet... Read More
Basic Paper Piecing TipsHere are some tips that will help... Read More
"Ask And You Shall Receive" Policy Works!You're one-of-a-kind baby clothes... Read More
As I write this article, I am keeping an eye... Read More
The worlds online market place.In just a few short years... Read More
Janette Oke is a Christian writer whose books about life,... Read More
You may have heard about ebay and other online auctions.You... Read More
Many people just getting started on eBay have reservations when... Read More
As some of you know, I spent many years buying... Read More
When my column on paying income tax on eBay profits... Read More
On another forum I'm involved with, someone's asked a great... Read More
Unless you have been hiding under a rock, I am... Read More
eBay allows you the opportunity to sell all over the... Read More
Do I need to explain what eBay is?If 'Yes', where... Read More
There are 147 million registered users on eBay, and tens... Read More
Unfortunately for those just breaking into the wholesaling business, drop-shipping... Read More
The Problem...It's happened to the best of us.You've been watching... Read More
For many people, their first experience of working online involves... Read More
If you want to earn a full-time income selling on... Read More
There are many issues that influence how an eBay auction... Read More
eBay is an online auction site so it stands to... Read More
It should be simple - your favourite team/band/theatre play is... Read More
Have you ever wondered how identical items can fetch such... Read More
1. Include your ebay seller name, store, and website information... Read More
You've heard about it many times in recent months. Being... Read More
Yesterday I saw a mention in someone's email ezine about... Read More
Buying on eBay can be very rewarding, either in terms... Read More
Auction templates are simply a must for successful online auction... Read More
When a potential bidder (customer) is looking at a specific... Read More
Online Auction |