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When we think of eBay auctions, we usually think of them as a way to convert items into cash. That’s probably the simplest goal of an eBay auction, but there are other reasons. This article explores the reasons we sell things on eBay. Some of them might surprise you.
eBay sends catalogs to millions of homes to entice buyers to do their holiday shopping on eBay.
We all receive numerous catalogs around the holiday season for gift products. Solutions, Paragon, etc. Now eBay has joined the bandwagon. Since the beginning of November eBay has been sending out general, and category specific catalogs to households across America.
My daughter-in-law, Lissa, buys and sells baby items on eBay. She received a short catalog showing popular baby items and their average price.
The most recent catalog shows the TMX Elmo, Playstation 3 and other hard to find items. Average prices are not shown for those (probably because they are so far above retail) but it is a reminder for people who hadn’t thought to look on eBay, that they might find something there. IPod’s are again very popular sellers, the black 4GB iPod Nano appears to be the current holiday favorite according to Shopping.com. This black iPod was their number one click through product on Cyber Monday (Nov 28th). eBay Marketplace research showed it as very popular too, with a high increase in sales of all iPod Nano products on Cyber Monday.
It’s important, if you are lucky enough to have these highly desirable items for sale, to look at the catalog average prices and make sure yours is inkeeping with that range. If not, you may lose out on some sales from people expecting that price because of the catalog.
Interestingly, eBay is not solely pushing eBay Express. So there is still room for the little guy to make some extra money off eBay’s promotions.
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Most of the big online retail sites are offering free shipping throughout the holiday season. This can make it a little harder for eBay sellers to compete with price.
Offering free shipping is a smart option, and eBay currently has a link on the homepage to search only for items with free shipping.
Now they are making the deal a little sweeter. All listings from yesterday through tomorrow (Thursday) will get sub-title and border free. That would usually cost you 55 cents for subtitle and $3 for border.
The full announcement can be found here.
Unlike most eBay promotions, this actually allows listings on better days. Thursday is one of my favorite listing days, so if you’re the same, this might be a good way to get some freebies from eBay.
Small bowl fetches big bucks at Hong Kong auction
Yahoo! Canada News
Tue Nov 28, 12:19 PM
“HONG KONG (AFP) - A tiny bowl believed to be around 270 years old smashed the record for a piece of Chinese ceramic art at auction when it was sold for 151.3 million dollars (19.3 million US).
The delicate famille rose bowl, […]
Bottle of Romanee-Conti wine hits record at Swedish auction
Yahoo! Canada News
Wed Nov 29, 12:27 PM
“STOCKHOLM (AFP) - A bottle of 1985 Romanee-Conti Burgundy wine fetched 87,000 kronor (12,610 dollars, 9,571 euros) at a Swedish drinks auction this week, auction officials said.
The sale price was a record for a single bottle of wine sold in Sweden, […]
Frenchman arrested for trying to sell lock of pharaoh’s hair
Yahoo! Canada News
Wed Nov 29, 10:45 AM
“GRENOBLE, France (AFP) - A 50-year-old Frenchman who tried to sell a lock of hair he said was taken from the mummy of Egypt’s most famous pharaoh, Ramses II, has been arrested.
The suspect, a postman from the French Alps, had […]
The auction of Putnam Investments, one of the oldest mutual fund companies in the US, is in its final stage and has attracted at least three foreign bidders.
Auction Press release UK Auction News