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FIB - Scams 101 - Ye Olde Archives

I have never understood...

Posted By: MaaMaw
Thursday, 22 September 2005, at 7:52 a.m.

In Response To: Re: Ebay... struggling to get the hang of it.... (Margaret MacGillivray)

> ..... Next time you walk into a shop, look round the shelves and consider
> that this also happens to shopkeepers :O) - so I can sympathise.

how shopkeepers stay in business.

I have (just for fun) watched certain small shops for a couple of hours at a time during prime business hours (no, I don't sit on the curb and watch shops, bwahahahaha, but often I would be in the car waiting for my daughter, etc.) and absolutely NOBODY went inside -- or maybe one person who then came out empty-handed.

I don't get it.

There's a used book store in town that I just went in for the first time, and the owner told me he's been in that spot for 23 years. I've spent a huge amount of time across the street and have seen a grand total of three people go inside, and one of them was me.

> .... 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" .....

Yup -- that's where a large part of my time goes -- figuring out which descriptions sell and which ones don't. And I always match up the make and pattern and condition when deciding whether to buy something.

My first success was an antique adding machine that had just sold for $21, but I went back and found a totaly different description that sold for $63; I made mine similar to #2 and got $49 and I was happy, and it was a good lesson.

Sell by the place setting? By lots of a single piece?? Who knows.

It changes constantly --

which is why I could never NEVER make it in retail. I just don't have a feel for that kind of thing at all. I had the same problem when I tried to do the flea market thing 25 years ago -- but at least on Ebay, where it's right in front of me, I seem a bit more able to pick up the clues, which is why I'm encouraged to keep trying.

Am I mistaken about this?... I thought you could see completed auctions way back, but now it's only (two weeks). Did they change it, or am I missing something?

> 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.

Thanks! I never would have thought of that.

> Have you tried auctioning smaller lots of driftwood?

Oh yeah -- I never intended to do "lots," but they were going like crazy for a while... just simple, unfancy pieces like mine. Of course when I put mine up, they stopped.

I really think timing is everything -- but then there are those who just seem to post anything and everything in massive quantities (like 2500 auctions at a time), and they don't seem the least bit concerned that only 15% of those sell and the fees wipe out the selling price six times over.

> ... 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?

Both -- but I won't buy if there aren't really good pictures, preferably from every angle.

> .... 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?

On used stuff, the condition report makes a huge difference to me, and the more detailed the better -- but like I said in another post, I often wonder if a three-liner would be better.

> 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)

No no no!!

The more repeating the better!! I really think a lot of people are interested in this (I hope) (if not, I hope their pinky works and they can just move on).



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You'll find great information in this "Read Only" Archive, but remember..... things change.
Be sure to visit the Current Message Board when you're finished here.

We're very friendly, so don't be shy... just jump right in and post your question.
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