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The Top Sellers On eBay & What We Can Learn From Them
A fascinating eBay case study is the number one seller on eBay, a little outfit called Marie's CDs, but is better known under its old name "1 Cent CD." Jay and Marie, current ID "jayandmarie", are an institution on eBay and are a big part of what makes eBay such an amazingly popular phenomenon. This little company is literally an eBay dream come true. They started small out of their home in California in 1999 and began growing quickly. To date they have completed over 1 million auctions on eBay and have a feedback rating of 177,018 with 99% satisfaction from their customers! When I say grow, I mean it in a Jack and the Beanstalk kind of way. Their business started out as a little fly-by-night outfit and has now sold over 1 million dollars (yep, that's $1,000,000) annually for the past three years? Let me repeat that: over a million dollars in sales each year for three years running! Now THAT is growth! They employ several people, have three small buildings in southern California, and ship items all over the world (mainly CDs). They got their fame from their auctions for CDs that start at only a penny? What can we learn from this fascinating case study? What do Jay and Marie actually do? Well, for one thing, they have huge numbers of auctions. Today, they have 83 pages of auctions listed. eBay lists 50 auctions to a page, so that is over 4,000 auctions. Secondly, they offer great value, because their CDs begin at one cent. Yes, all of them. None of their auctions has a reserve. Does it pay off? You betchum! Today, looking through 4 pages of eBay auctions, only 3 of them had no bids - so far. And, naturally, their great feedback and reputation work heavily in their favor. After all, how many eBay sellers have 177,000+ feedback points with over half a million transactions completed. This case study shows all of us how smart marketing and a great business model can pay off on eBay - and ecommerce, in general. Sydney Johnston, the AUCTION QUEEN, was one of the original sellers on eBay and has been selling on eBay since the winter of 1996. She is the originator and teacher of the famous Auction Genius Course, a powerful 16 hour multi media seminar on the Internet that teaches her students how to sell on ebay.
MORE RESOURCES: Public auctions often fetch more for in-demand properties St. Augustine Record Rare Books &c. at Auction This Week Fine Books & Collections Magazine Arizona Auctions Preliminary Total: $219.4m Sports Car Market Online Wine Auctions: A Beginner's Guide Wall Street Journal Rare '48 Tucker is just one of the million-dollar-plus cars up for auction this weekend Yahoo Finance Brazil to Overhaul Rules for Subsalt Auctions Offshore Engineer Pair of Homes in Sundance, Utah, Will Hit the Auction Block Mansion Global Sotheby's Auctions Impressionist Paintings Recovered From Nazi Looting; Watercolors by JFK Also Go to Auction Hyperallergic McGavock auctions off Patrick Mahomes firefighter helmet for Lubbock families of first responders KLBK | KAMC | EverythingLubbock.com Lake County supervisors discuss tax defaulted land auctions Lake County Record-Bee NBA's Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum The Block Crypto Romania's tax agency auctions historical villa seized in corruption case Romania-Insider.com Announcements: Watch & Act! Online Auction Launches In Aid Of The Australian Bushfire Crisis HODINKEE Phoebe Waller-Bridge Auctions Golden Globes Tuxedo on Ebay to Aid Australia Fires Hollywood Reporter ‘Mona Lisa of Mustangs,’ Raced in ‘Bullitt,’ Sets Auction Record The New York Times Judge OKs auction of Khan's vehicles The Elkhart Truth Old MBTA Cars From '70s, '80s Up For Auction KFI AM 640 Philly refinery auction said to attract Chicago developer that rehabs industrial properties The Philadelphia Inquirer Hundreds grab piece of history during closing auction at popular entertainment complex WPXI Pittsburgh Last Chance: Oorah Auction Early Bird Deadline! Yeshiva World News Jeter High School Scouting Report, Debut Jersey at Auction Sports Collectors Daily The Sacramento Kings Will Auction Retired Jerseys On the ETH Blockchain Live Bitcoin News Amish Acres auction drawing nationwide interest | State News Kokomo Tribune Holy Name Catholic School All that Glitters Auction Downtown newsmagazine | Birmingham/Bloomfield mmWave auction poised to resume, on path to $6B FierceWireless U.S. Government Sets Record for Debt Auctions Wall Street Journal Vintage MBTA trolleys up for auction The Boston Globe Mid-Michigan VFW Post 3087 closing its doors, holding public auction to clear building - ABC 12 News U.S. millimeter wave auction reaches more than $7B FierceWireless Silent Auction Growing As Coaches vs. Cancer Draws Nearer KNIA / KRLS Radio Heritage Charity Auction Settles with EEOC in Employment Discrimination Suit The National Law Review Items from closed Perrysburg Max & Erma's location going up for auction 13abc Action News 12th Tehran Auction Sells Artworks Worth $2.4m Financial Tribune See what Barrett-Jackson 2020 auction has in store with its largest docket ever Phoenix Business Journal All eyes on Scottsdale; Ahead of Arizona auctions, classic car market dips Phoenix Business Journal Own a piece of this Beaufort Co. seafood restaurant before it’s demolished for Wendy’s Hilton Head Island Packet SEAFOOD AUCTION: Prices from New Bedford Seafood Auction on Jan. 17, 2020 SouthCoastToday.com 'We Have It All': A Night At The Auction House Vermont Public Radio Valley auction of model trains brings in $38K Youngstown Vindicator Mario Buatta's Mega Chintz Collection is Now Up for Auction TownandCountrymag.com 'Bullitt' Mustang sets record at Mecum auction Automotive News Changing L.A. retail scene: Active Ride Shop up for auction, Opening Ceremony to close stores Los Angeles Times OKC West feeder cattle auction | Markets High Plains Journal Popular auction set for New Year's Day - News Wilkes-Barre Citizens Voice 10 Amazingly Extra Things We All Need From The Mario Buatta Auction Guestofaguest.com Morphy Auctions 'Susquehanna' collection includes rifles, antique décor Lehigh Valley Business Oholei Torah Holds Gala Auction COLlive - Chabad News On the Eve of a Mario Buatta Auction, Sotheby’s Prepares an Exhibition to Remember Architectural Digest Optimist Club to host annual charity auction Santa Clarita Valley Signal Casey Stoner auctions his Aragon monkey 2010 to help those affected by fires in Australia Sportsfinding |
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