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FIB - Scams 101 - Ye Olde Archives
Posted By: The Tim <tim@thetimtimes.com> In Response To: Re: Bitten by the Ebay bug.... (Paul Bergman)
Friday, 29 July 2005, at 9:03 a.m.
Glad to hear you're having fun. I haven't jumped into the fray, but I do have a stepson who is/was a powerseller there. For the record it's the oldest boy, the one knocking down almost $200 a day on istockphoto.com now. I mentioned that opportunity awhile back. He's been on the site for over a year and has made enough money he's got close to 10 grand in photography equipment now!
He made a ton of money trading POKEMAN cards on Ebay several years ago, as well as baseball/football cards. That's how he got to the powerseller status. Don't think he's nearly as active on Ebay these days though.
The Ebay problem has been correctly identified. Folks know what everyday items are 'worth' now that they can check on Ebay. The other problem is that Ebay has raised their fees as has also been noted. But here's a thought for some of you creative types. Say you are an artist or have some UNIQUE product that you self produce (because anything else will have plenty of other sellers/dropshippers) perhaps Ebay might still be a useful outlet? I've never personally delved into Ebay other than buying a couple things, but I'm just as curious as MawMaw how anybody can break even selling small ticket items. I know the seller pays for shipping, but just the time involved in packing and shipping would cut seriously into profitability.
I noticed we now have a business in Jackson Miss that specializes in helping people do Ebay sales. It is a brick and mortal estabishment that appears to be offering what amounts to a consignment sales arrangement. They sell your stuff for you on Ebay (because they know all the in's and out's) and take a CUT of the profit. Not sure how they are faring, but have heard their ads on the radio. Anybody else got a similar business in their area? Maybe I could recon the place and get some more info if anybody is interested? I had actually considered such a venture myself at one time. Curious to see how it got implemented.
Enjoy.
> eBay has given everybody the true value of things, that is why it is
> almost impossible to find things to sell on eBay at yard sales and flea
> markets. The hardest thing to do on eBay is to find a product that you can
> get on a consistent basis and sell for a good priofit.
> One of the best places to find about eBay is to subscribe to Sydney
> Johnston's newsletter Auction Gold. subcribe here You can read her old
> newletters going back about four years.
> Paul Bergman
Sensibility Without The Static
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