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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. September / 23 / 2018

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No buyers for Paddington terrace once owned by Malcolm Turnbull - The Australian Financial Review

The Australian Financial Review

No buyers for Paddington terrace once owned by Malcolm Turnbull
The Australian Financial Review
There were plenty of onlookers and some buyers, but no one wrote a cheque at three auctions The Australian Financial Review attended on Saturday. Nearly 80 people turned up for the sale of 44 Goodhope Street, Paddington, once owned by former prime ...


Fitzroy terrace soars $340000 above reserve in Melbourne's 'Super Saturday' of auctions - Domain News

Domain News

Fitzroy terrace soars $340000 above reserve in Melbourne's 'Super Saturday' of auctions
Domain News
A terrace house in Fitzroy soared $340,000 above reserve on Saturday as property sales in the inner suburbs got a shot in the arm from a surge in auction listings. The renovated Italianate balcony terrace, at 32 Gore Street, was quoted at $3.2 million ...


Value-hunters thick on the ground at Sydney's weekend auctions - Domain News

Domain News

Value-hunters thick on the ground at Sydney's weekend auctions
Domain News
The bidding at some auctions was slow and cautious. But young buyers, in particular, are engaging in wide-ranging research of price trends and swooping on any listing that looks like a bargain. Cunninghams' managing director John Cunningham said all ...

and more »

'Some resilience' in auction market amid spring surge - The Australian Financial Review

The Australian Financial Review

'Some resilience' in auction market amid spring surge
The Australian Financial Review
The spring housing market has shown a degree of resilience as a surge of properties flooded in, ahead of football and rugby finals next week. With 2,404 homes taken to auction across the combined capital cities this week, the preliminary results show a ...

and more »

Comcast outbids Fox in a $39 billion takeover of Sky - CNBC

CNBC

Comcast outbids Fox in a $39 billion takeover of Sky
CNBC
Comcast outflanked rival Twenty-First Century Fox in a $39 billion takeover of British broadcaster Sky on Saturday, submitting a much higher bid in a rare three-round auction that pitted two of America's largest media companies against one another. The ...
Comcast outbids Fox in auction for Sky valuing media company at £29.7bnSky News
for immediate release - InvestorsInvestors

all 1,890 news articles »

Comcast beats 21st Century Fox with $53bn bid for Sky in rare auction - The Australian

The Australian

Comcast beats 21st Century Fox with $53bn bid for Sky in rare auction
The Australian
Because of the auction's setup, a sealed-bid auction in which neither side knew what the other was bidding, Comcast paid £1.61 per share, or about 10 per cent, more than needed to beat Fox. Professors of game theory, the branch of math that studies how ...

and more »

Comcast Beats Out Fox to Acquire Sky - Wall Street Journal

Wall Street Journal

Comcast Beats Out Fox to Acquire Sky
Wall Street Journal
If Fox had won this weekend's auction for Sky, Disney would ultimately have taken 100% control of the pay TV company. Instead, attention will now turn to whether Disney will sell the 39% stake in Sky—its value has increased by the bidding competition ...

and more »

We're betting on India's middle market of art: Edward Gibbs of Sotheby's - Business Standard

Business Standard

We're betting on India's middle market of art: Edward Gibbs of Sotheby's
Business Standard
Indian clients are spending more on art auctions these days, so it's “a good time for us”, says Edward Gibbs, chairman for Middle East and India at auction house Sotheby's. Gibbs, who advises private, corporate and institutional collectors worldwide ...


Stay Golden: Ford Mustang GT Gets Vegas Hockey Makeover For Auction - Motor1.com

Motor1.com

Stay Golden: Ford Mustang GT Gets Vegas Hockey Makeover For Auction
Motor1.com
One of the best places to pay it forward is through auctions. Here, you'll be able to extend a helping hand, as well as bid for a valuable thing that could be close to your heart – such as this 2018 Ford Mustang GT that's customized to wear a golden armor.


'Boceto for Spoliarium' by Juan Luna sells for P63M at auction - GMA News

GMA News

'Boceto for Spoliarium' by Juan Luna sells for P63M at auction
GMA News
Going once, twice, and it's sold. The recently unveiled "Boceto for Spoliarium" by Juan Luna on Saturday fetched P63 million at the Rigodon Ballroom as part of the "Important Philippine Art" of "The Well-Appointed Life" by the Salcedo Auctions. GMA ...

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