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Fed Up With eBay?
For many people, their first experience of working online involves selling products on eBay. This was how I got started back in 1998 and I know countless other people that have done the same. However, it is important to remember that eBay is not the 'be all and end all' - there is a much bigger online world out there. My reason for mentioning this is that I have spoken to three people this week who each make a decent full or part-time income on eBay but who are fed up with it and looking to move in other directions. Having sold on eBay myself, I can understand why sellers do get tired/bored/frustrated with the auction site - it is highly competitive and it takes an incredible amount of hard work to succeed. In addition, it is normally the case that the more successful you become, the harder you have to work. Listing auctions, handling customer enquiries, packing, shipping, sourcing/buying stock, keeping up with feedback, monitoring the competition - selling on eBay is a tough job and it is no wonder that after working in this way for a few years, many people wish they were back in the land of the employed!! Don't get me wrong, there is good money to be made on eBay for anyone willing to put the effort in and many people enjoy trading on this huge auction site. But it isn't for everyone. Having spoken to numerous eBay sellers in the past, it seems to me that of the ones that don't enjoy working on eBay, the particular task that they enjoy the least is the packing and shipping of products. Funnily enough, this is exactly the bit of trading that I grew to dislike too. I (and the sellers I have spoken to) didn't have a problem with creating sales descriptions, dealing with emails, collecting payment (naturally!) and the other administrative tasks involved in running an online business. But wrapping things up and taking them to the post office is something completely different and for me and many others that's where it all started to fall apart :-) As I said at the beginning of this article, if you are getting fed up of doing the eBay 'thing' or if you just don't fancy the idea to start with, there is a wealth of alternative opportunities available online. My own solution was to get rid of the one aspect of eBay trading that I didn't enjoy - the packing and shipping - and start to produce and sell digital products which could be delivered to the customer automatically. I still have to write sales pages and build websites, I still have to deal with emails etc but I don't have to handle any physical products (neither do I have to deal with payment collection because that too can be handled automatically by software). Of course my products are very relevant to eBay sellers and indeed, there are numerous individuals and companies out there that have made a fortune off the back of eBay without ever having sold a single product on the auction site. I am sure that there are numerous other problems that eBay users have that could be solved with a new piece of software or a particular service and if the idea takes off, there are 135 million registered users on eBay to market to! eBay provides a wonderful opportunity for hundreds of thousands of people but it isn't for everyone and if you find yourself frustrated/bored with the same old routine everyday, start to look for something outside of the eBay world. Copyright 2005 Richard Grady Richard Grady has been helping ordinary people earn online since 1998. He writes a free newsletter which is published every two weeks. To subscribe (and claim your free gifts), visit: http://www.thetraderonline.com/newsletter.html
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Treasury Auctions Set for This WeekNew York TimesThe Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ... |
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Ivory Coast's Cocoa Auctions Put Futures Market on EdgeWall Street JournalLast week, Ivory Coast, the source of more than one-third of the world's supply, launched a series of auctions to sell a portion of its 2012-13 crop, part of the eight-month-old government's plan to overhaul the industry and ensure a floor price for ...and more » |
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CAPS auction brings record haulSalina.comBy CHRIS HUNTER As the bids poured in from the crowd on a Bud Light speaker at the 23rd Annual Celebrity Benefit Auction for Child Advocacy & Parenting Services, Dr. Merle "Boo" Hodges was hoping to get a crack at the speaker if it stayed lower than ...and more » |
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Stockholm home to oldest auction houseTimes of IndiaHerodotus has mentioned auctions in Babylon. Several types of auctions - from slaves to seized goods in an armed invasion - are mentioned in Roman and Greek history. The modern world's oldest auction house is the Stockholm Auction house formed in 1674. |
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