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eBay - Tapping Into The Japanese Collector Market
If you owned a skateboard shop in your local mall would you put a big sign in the window saying "No Baggy Pants Allowed"? Of course not. If you did you would be eliminating 50% or more of your most avid potential customers. If you sell vintage Americana and don't allow Japanese bidders you might just as well place a "No Baggy Pants Allowed" sign in your auction ads. Vintage Americana is hot in Japan with thousands of hungry collectors. These collectors have several things in common.
If don't think Japanese bidders are a force on eBay, consider this. There is a company that does nothing but act as a bidding agent for Japanese buyers. They advertise in Japan, have a website set up with sniping equipment, and full translation software. They place bids on eBay for their registered members, make payment in US funds, and have the items shipped to them. They then forward them to the Japanese buyer upon payment for the item, shipping, and a healthy commission. If a Japanese collector is willing to pay $300 plus a $45+ commission for an item, doesn't it make sense to let them pay the entire $345 to you? Some things to keep in mind when doing business with Japanese buyers 1. Consider using translator software when doing business with Japanese buyers 2. Whether using translation software or not, remember that many of the people you will be dealing with do not speak or write fluent English. Always use complete sentences and try to use proper sentence structure (simple noun - adjective - verb structure you learned in school). Using the chopped off English many of us have become accustomed to can cause confusion for your customer. 3. Always offer surface, air mail, and Global Priority shipping options. Many Japanese buyers want their items ASAP, and you will be surprised how often a buyer will spend $35 to have a $50 item shipped Air Mail. 4. If they want the item insured (most won't), it must be shipped via Parcel Post of UPS. 5. You will find many Japanese buyers hide their feedback. They do this to keep other collectors they are in competition with from finding their sources (remember what was said earlier about their competitiveness). Don't worry about the hidden feedback. It's usually 100% positive. 6. Delivery confirmation isn't available on USPS international shipments. With Japanese buyers it's not a big thing. They won't ask for it. What are Japanese buyers looking for? Their strongest interests seem to be for items from the mid d1950's to current times. Here's a list of some things that have high collector interest in Japan.
There are hundreds of other items that are avidly sought by Japanese collectors. Many of them things we here in the US don't yet consider collectible. You can research these simply by looking at the public feedback of Japanese buyers. You can also track their buying habits by searching their bid history. If you need further evidence of what this market can do to your bottom line, consider this: I sell a lot of old catalogs from a wide variety of companies. It used to be that whenever I listed a men's shoe catalog from the early 1900's, I could expect a high bid of $30 to $50. About a year and a half ago, three Japanese collectors began bidding on most of the men's shoe catalogs I listed. It is now a rare catalog that doesn't bring at least $100 from one of these bidders. Many sell for $150+. Can you afford to give up that kind of additional profits on the items you list? Gary Hendrickson has been making his living selling on eBay for more than six years. He's the author of two eBay related ebooks, has a blog for eBay sellers, and is the owner of ColdItems.Com. ColdItems.ComThe Auction Rebel Blog
MORE RESOURCES: Massive David Lynch Auction Includes Scripts, Cameras and So Many Coffeemakers (Exclusive) The Hollywood Reporter Young family pays $6.55 million to upsize to home in Roseville The Sydney Morning Herald North Dakota woman shares story behind field of classic cars set for auction The Bismarck Tribune Rare vintage baseball card collection up for sale includes Babe Ruth, Lou Gehrig, more Canton Repository 2006 Ford GT With Less Than 100 Miles Up For Auction Ford Authority Charity Auction & Grand Tasting: Celebrating a Four Decade Legacy September 5th & 6th Redheaded Blackbelt Hundreds of David Lynch's Personal Items Are Up for Auction — Including His Director's Chair hypebeast.com Failed Sotheby’s auction of $70M bust leaves art insiders speechless — are collectibles no longer covetable? Yahoo Finance Ross Ulbricht nets $1.3m in prison memorabilia auction, gets $31m ‘donation’ soon after - dlnews.com 2017 Ford Fiesta ST With 46K Miles Up For Auction Ford Authority David Lynch Auction: His Director’s Chair, Espresso Machine, Red Curtain and More Up for Sale Variety Tompkins County plans department shuffle, auction Fingerlakes1.com Want your own fire engine? Fate fire district auctioning truck for good cause NBC 5 Dallas-Fort Worth Diddy’s prison outfit up for auction that he wore in ‘Monster’s Ball’ decades before current lockup New York Post West Virginia State Treasurer delivers auction funds to Wood County Sheriff’s Department News and Sentinel New York’s Spring Auctions Aimed for Trophies. They Got Troubles. The New York Times Diddy’s “Monster’s Ball” Prison Fit Goes Up for Auction as He Battles Real-Life Charges Baller Alert Dave & Buster’s auctions off items from Ward location Hawaii News Now PKL Season 12 auction: Full list of players bought and their bids ESPN Philippines US treasury auctions off $44 billion or 7 year notes at a high yield of 4.194% Forexlive | Forex News, Technical Analysis & Trading Tools Antique toys from late Allentown’s man extensive collection up for auction. Here’s a look The Morning Call Why rare auction of legendary T206 Honus Wagner card is attracting multi-million dollar bids The New York Times Can These Six Artists Predict the Fate of the Art Market? The New York Times Infamous Liner Turned Cruise Ship to Be Sold at Auction 77 Years After MV The Maritime Executive Mansion with private ski access to Park City Mountain is going up for auction The Salt Lake Tribune March Government Surplus Auctions to Feature Vehicles, Equipment for Sale; Bidding is Online Only Clark County (.gov) With Guarantees Galore, Christie’s Has a Rocky Start to Auction Week The New York Times Hesitation Ahead of Treasury Auction and Month-End Mortgage News Daily Creating local value: renewable energy auctions in Colombia Stockholm Environment Institute Our Online Silent Auction is LIVE — and it's overflowing with incredible generosity from our amazing community! Cape Gazette David Lynch’s Personal Archive Going Up for Auction Consequence of Sound Anatomy of a $70 Million Auction Flop The New York Times Eagle Radio Auction LIVE, BID NOW! Hays Post A Long-Lost Frans Post Painting Was Found in a Barn. It Just Sold for Over $7 Million at Auction. ARTnews.com The largest ever auction of Princess Diana’s clothes is taking place soon – here's what to expect Tatler My Favorite Ride: Man takes kids to their first auction and ends up with a 1959 Corvette The Herald-Times |
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