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FIB - Scams 101 - Ye Olde Archives
Posted By: Margaret MacGillivray <host@thinehost.com> In Response To: Ebay... struggling to get the hang of it.... (MaaMaw)
Thursday, 22 September 2005, at 1:47 a.m.
Hi, MaaMaw
I have repeatedly found what I thought were great things to resell on Ebay, the most memorable being two large sets of china for $5 each. I rarely buy anything without checking the completed auctions first (I often call my daughter from my garage sale rounds, or come home then go back out again).
..... Next time you walk into a shop, look round the shelves and consider that this also happens to shopkeepers :O) - so I can sympathise.
So anyhoo, when I bought these maybe three months ago, they were getting TONS of bids and selling for well over $50 (which isn't much, but making 10x your investment ain't half bad for a total amateur with very little sense about such things).
.... ok, now's the time to figure out what was the difference between the items that sold for $50 and the items that you bought to resell. For instance, the make of china, the number of pieces; the color. Did the other auction titles sell "50s China" - or a "Royal Doulton China set" .....
I notice that several of the magazine lots currently listed on eBay that have bids have a picture of just one of the mags as the gallery image; I think it's going to be a case of testing what works for you.
On your driftwood auctions, it might be cool to use your lostcoastdriftwood logo at the top of the auction - and that way, you can start to market your driftwood web site too :) - and to use the image of the sea crashing onto the shore as your gallery image.
Have you tried auctioning smaller lots of driftwood? How many pieces do folks usually buy for their fish tanks??? .... well out of my range of experience, but perhaps they're only looking for a few pieces, or one bigger piece, or three strategically placed "boulder" size pieces?
... another wee thought - when you buy items on eBay, what makes You click the "Bid" button? is it the description or is it the pictures? .... or is it the brand name? If you're comparing/contrasting several different auctions for similar items, do you have time to read a long condition report?
You've probably asked yourself these questions thousands of times over - so sorry if I'm repeating what you've already said to yourself :O)
Good luck with this.
Margaret
ps, when the weather improves, I'll try and get some more furry coooooos for you to enjoy :)
M
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