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    Archive for September, 2007

    Update on Exponent Trading. Can Network Marketing Work with eBay?

    Sunday, September 30th, 2007

    Shortly after eBay Live this year in June, I told my readers about a network marketing opportunity called Exponent Trading

    I don’t know much about network marketing and have never been part of one, but I know the concept has both fans and critics. I have looked at a few network marketing opportunities before, but the concept never really attracted me. Although I have known several people who have done very well with it.

    When I looked at Exponent, what first appealed to me were two things: 1) They would help bring new sellers on to eBay and provide them with training and selling tools, and 2) unlike most network marketing schemes this one allowed people to make money actually selling things rather than having to buy things (vitamins, cosmetics, housewares, etc.).  It appeared that you could earn some good money by helping other people make money selling on eBay.
     
    So although I was a bit reticent, I signed up. I wrote a short article in my newsletter, emailed a few fellow eBay trainers and authors and suggested folks take a look at it and decide for themselves.

    Well that was in June and it is now late September. If you are a regular reader you may have noticed that I haven’t mentioned it again. 

    In truth, I didn’t spend that much time with it, but what little I did revealed some concerns that made me back away. 

    The centerpiece of the their system is their eBay listing and commission tracking tool.  When I tried to use it I found it to be clugy, way to basic and prone to errors that could earn me negative feedback on eBay.  I kept hearing promises to fix and improve it but never saw any action. 

    The other issue was the training. I participated in a couple of calls and listened to a few more and the focus was clearly on recruiting and not enough focus on making the system work and actually helping people sell on eBay.

    If you want more details, James Jones just posted an excellent and more detailed overview of the issues and problems with Exponent on his blog at http://www.whatreallysellsblog.com/.  Whether you joined or not, or were thinking of joining, you should read the post as it is very instructive. 

    I am sure network marketing will live on and will continue to have both its fans and critics, and Exponent will either wilt or prosper, but in either case they will be doing it without me.  This was a valuable lesson for me and should be a valuable lesson to anyone:  Stick to what you know and do best.  It is OK to experiment with new things, but make sure you don’t lose focus or your real goals  –and oh yes – a little skepticism doesn’t hurt.

    I still would like to make money recruiting other people to buy and sell on eBay, but I think I will stick with the eBay Affiliate Program. My monthly checks aren’t that large, but they are steady and promoting it hasn’t threatened my credibility which took a hit when I tried dabbling with something I didn’t really know anything about.

    See Also

    Marilyn Monroe signed photo makes 9,000 pounds at International Autograph Auctions

    Sunday, September 30th, 2007

    A signed photo of Marilyn Monroe sold at auction for £9,000 in a collection of 1,000 images that together raised more than £100,000.
    The items were a small part of a collection of more than 10,000 autographs owned by Alan Robinson, who spent 30 years waiting outside London theatres and attending awards ceremonies and auctions to […]

    Fine Art Auction

    Sunday, September 30th, 2007

    Looking for Collectible Postcards
    I ve found that the best place to find collectible postcards is at art auctions. I was at an art auction in Eastlake, Ohio looking for stained glass and found them auctioning a lot of vintage coll. . .

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    MSNBC - Oct. 8, 2007 issue - The Malayan emergency, a […]

    CSI Charity Auction Advertised on TV

    Saturday, September 29th, 2007

    At the end of the first episode of the new CSI season, Gil Grissom announced that the model of his office used in the Season 7 miniture killer plot-line will be auctioned on eBay for charity.

    I’m a CSI fan, so I had eagerly anticipated the first episode of the new season. Yes, it was a really good episode, but what was interesting to me was what happened at the end. If you’ve been following CSI, you know about the Miniature Killer plot-line and that in the "Living Doll" episode of Season 7 Gil Grissom received a miniature replica of his office.

    CBS Cares is auctioning off this miniature on eBay (www.ebay.com/csi). I think this is the first time I have seen a TV advertisement for a charity auction. The proceeds will go to the National CASA (Court Appointed Special Advocate) Association who helps child victims of abuse and neglect find loving families. So far almost 58,000 CASA volunteers have helped over 220,000 foster kids find new homes, or reunite with their family.

    Advertising this at the end of the first episode was very smart. As of right now (less than three days into the auction) the number of people who have viewed the auction stands at 130,597. So far bidding is up to $13,600 with 68 bids (must be preapproved bidders). I wonder if this will pave the way for more TV plugs for eBay auctions in the future.

    For more information about the National CASA Association, go to www.nationalcasa.org.

    Online Art Auctions

    Saturday, September 29th, 2007

    Art Auctions: Early American Art
    There are many very good examples of what you could call early American artwork that has survived to this day, and as time passes to create particular movements in style throughout the world, funda. . .

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    Detroit Free Press - The supreme court shall upon its own initiative determine if […]

    Straw bale auction rooms nearing completion

    Saturday, September 29th, 2007

    The main structure of the largest straw bale building in the UK is nearing completion near Stansted airport. Pioneers of straw bale building in the UK, amazonails of Todmorden, West Yorkshire, are now completing the straw bale walls of the 1,100 sq m (11,800 sq ft)auction room and offices.
    The design, with straw bales infilling […]

    Rare Scotch whisky tops world record auction price

    Saturday, September 29th, 2007

    A 157-year-old whisky was sold for more than 29,000 pounds on Friday, setting what is thought to be a world record auction price for a bottle of Scotch.
    The Bowmore single malt, which was bottled in 1850, was sold at McTear’s auctioneers in Glasgow for 29,400 pounds to an anonymous telephone bidder, beating the distillery […]

    Carla Lane selling hit TV scripts on eBay for animal sanctuary

    Saturday, September 29th, 2007

    Liverpool writer Carla Lane is selling original scripts of her TV series on eBay to keep her struggling animal sanctuary open.
    The writer, who wrote hit series The Liver Birds and Bread, said the sanctuary would not be able to continue unless she raised more money.
    Animal rights activist Mrs Lane, who famously returned her OBE to […]

    German court overturns eBay buyer conviction

    Saturday, September 29th, 2007

    A conviction of a German man has been thrown out for purchasing stolen goods on eBay.
    The 47-year-old software engineer was convicted of buying stolen goods for a purchase of a GPS system he bought on the auction site in 2005. The new device reportedly was sold as a buy-it-now item for less than one […]

    Great Art Auction Information

    Saturday, September 29th, 2007

    Art Auctions: Grotesque Art
    That there is an overwhelming number of pieces that represent this particular grouping of artwork seems false to believe, but this is happens to be on the rise as we get further into the new millen. . .

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    Punch - Money means different things to different people. To some, it could […]