Net Auctions and Auction Information |
|
An Emerging Market in eBay Consignments: The eBay Trading Post (Part II In A Series)
In 2002, the eBay consignments business was born, referred to by eBay as the Trading Assistant Program. It's possible that eBay didn't foresee just how much they would benefit form their eBay consignments program. Designed to unite experienced eBay sellers with people who want heir merchandise sold on eBay without having to do it themselves, the Trading Assistant program has enjoyed enormous success. As big as eBay had become -- larger than all other online auction venues combined -- they were still missing out on a large segment of the population; the technophobes. These people would sell goods on eBay if they had access to a computer and a digital camera, and had the time and inclination to learn how to run an auction. But they either don't have the technology or they lack the desire to become auctioneers, or both. Since they're not on line, they're not likely to learn about Trading Assistants who advertise primarily through eBay. And even if they saw the ads, they probably wouldn't trust them. You see, people active in the online community are already comfortable with the environment, which has an element of anonymity. But a non-computer person is more likely to want to deal with a real, brick-and-mortar retail business. They may not trust someone who runs auctions out of their home. How to reach these people? Introducing the concept of the "Trading Post"... A Trading post is to eBay consignments what the typical consignment shop is to the average community. It's a drop off location that allows consumers to drop their stuff off and have it sold for them as a service. It's a retail location that markets itself to consumers as a local, experienced ebay consignments seller -- a Trading Assistant with a brick-and-mortar store. While any ebay trading assistant can establish an ebay consignments service out of a retail location, only a Trading Post can put the eBay brand on their physical storefront. (A trading assistant can only advertise inside their store). With this privilege comes a higher standard, ie, eBay has "raised the bar" on their requirements. A Trading Post must meet the following additional requirements: -Offers a staffed drop-off location or storefront with regular drop-in hours, so that clients can visit the location without calling ahead. -Has a feedback score of 500 or higher -Has at least 98% positive feedback -Has sales of at least $25,000 on eBay each month Online, clients can search for Trading Posts specifically, and Trading Posts may receive priority placement in search results. (Yes, even some online clients prefer the retail setting). Also, Trading Posts are displayed with a special icon next to their User ID. If you're a Trading Assistant who also meets the requirements, you automatically qualify as a Trading Post and do not need to take additional steps. Walt Duflock, Director of the eBay Trading Assistant Program and a real life trading assistant, has announced eBay's intention of having "secret shoppers" and "customer satisfaction surveys" to see if there are certain Trading Post locations eBay would like to support more than others. Regardless of your status on ebay, there are tools that everyone can use to build their success as TAs, available on the ebay site. I've found many of them quite valuable. For example, among their efficiency tools, they recommend using contact management software. eBay regards this as a great tool for getting "a better understanding of how many prospects it takes to actually create one new client and how long it takes for a client to go from initial contact to hiring you as a TA." And as far as support, some of the Trading Posts have become so large that they no longer rely on eBay for help. Some have developed their own proprietary systems for tracking customers and inventory, and managing their auctions. The largest and most successful ebay consignment business will even get you started with your own franchise which includes the use of their proprietary systems. All you need to come up with is $55 K plus operating expenses. But, never fear. You can start your ebay consignment business on a shoestring, and this is how the majority begin. Since 1998, eBay and similar auction sites have been growing by leaps and bounds. eBay consignments are still in their infancy, but I predict a very bright future! © Copyright 2004 Carolyn Schweitzer DDS. Dr. Schweitzer was a family dentist for 20 years and is now owner and editor of several websites. You can learn more about where to find specific links to the Trading Assistant and Trading Post programs by visiting her website at http://www.netbrainer.com/site/500041/page/449460.
MORE RESOURCES: What is satellite spectrum, why most countries prefer not to hold auctions The Indian Express Ansel Adams photo collection shatters auction records at Sotheby’s San Francisco Chronicle Auction marks end of besieged Michigan marijuana company's grow operation - Crain's Detroit Business Auction marks end of besieged Michigan marijuana company's grow operation Crain's Detroit Business Industry Digest: The Pro's Closet Auction, Specialized's New Distribution Center, Industry Acquisitions & More Pinkbike.com IPL auction to coincide with IND vs AUS Test; BCCI sends team to Riyadh, Abu Dhabi backup Hindustan Times Lula government plans 22 port auctions until end of next year The Brazilian Report When Will ACV Auctions Inc. (NASDAQ:ACVA) Breakeven? Simply Wall St MiLB Auction To Benefit Hurricane Victims Includes Jerseys, Baseballs Autographed By Top Prospects Baseball America Rare copy of U.S. Constitution fetches $9 million at storm-delayed auction in Asheville Citizen Times Google shakes up Performance Max ad auctions ahead of peak shopping season Performance Marketing World Auction for LaGrave Field memorabilia begins. Here’s how much time you have to bid Fort Worth Report Harry Anderson's Undead Horror on Marvel Tales #124, Up for Auction Bleeding Cool News Maine group takes helm of annual regional magic auction Lewiston Sun Journal NPA Golf Car Winterfest Online Auction Taking Place Nov. 5 Motorcycle & Powersports News Auction marks end of beleaguered Michigan marijuana company’s grow operation - Green Market Report Auction marks end of beleaguered Michigan marijuana company’s grow operation Green Market Report Minnesota DNR announces annual public land sale. Online Auction to be held November 7 to 21. kroxam.com Pratt Street property near Camden Yards goes up for auction The Business Journals Orlinski’s Blue ‘Kong’ Has Wild Rumpus At Kodner Galleries’ Modern Art Auction Antiques and the Arts Online A rare copy of the US Constitution sells for $9 million at auction The Associated Press Bird's Nest Auctions: Your 'next step' in downsizing The Union Leader Rare Copy of U.S. Constitution Sells for More Than $11 Million The New York Times #AgLife: All in…sold – Riverton Livestock Auction County 10 News Gus Ricca's Comic Artist Nightmare for Punch Comics #9, Up for Auction Bleeding Cool News Anne Rice fans can bid on her personal copy of 'Interview with the Vampire' The San Francisco Standard Several SW Michigan Blueberry Farms sold in land auction News/Talk/Sports 94.9 WSJM Everything Must Go! TPC’s Entire Inventory is Now Officially Up for Public Auction - BikeRumor.com Bogey-branded tables, signs among Dublin bar auction's highlights The Business Journals Maine Music Society announces 7th annual online auction Lewiston Sun Journal Car of the Week: This Forgotten Mercedes-Benz 300 SL ‘Alloy’ Gullwing Could Fetch $6 Million at Auction Robb Report As Renaissance Tower auction approaches, business leaders rethink Sacramento’s downtown Sacramento Bee Paintings Belonging to Vincent O'Brien to be Sold at Auction Thoroughbred Daily News TVE Youth Livestock Auction nets more than $216K for grand and reserve champions, final tally pending Bluebonnet News COURT ORDERED AUCTION of 6 Bear Lake Residential Properties - TUESDAY, OCT 29TH, 7:00PM The Herald Journal Hargrave Auction October 26th Excelsior Springs Standard Auctions launch for virtual Ghostbusters meet-and-greets and shoes signed by Mckenna Grace Ghostbusters News Jokes and Offbeat Auctions for the Troops: Standup Comedy Sweeps Ukraine The New York Times Michel Landscape Sets Auction Record, Leads Helmuth Stone With $46K Finish Antiques and the Arts Online Hammer Time: Lewis Hamilton’s IWC Chronograph sells at charity auction for over $250,000 WatchPro USA 7 Bonkers Watches Coming to Auction This Fall, From a Rainbow Daytona to ‘Steve McQueen’ Monaco Robb Report Inside Out Will Kick Off The Holiday Season With OUTBID, Their Annual Fundraiser & Auction IN Magazine Sons of Norway Bemidji to host silent auction Oct. 27 Bemidji Pioneer Second Greenbrier auction averted; Justice family refinances debt West Virginia Watch Google shakes up ad auction dynamics for holiday shopping Search Engine Land News Flash • City to Conduct Public Auction of Real Estate City of Lynchburg Sewing Connection auction to be held Oct. 26 Terre Haute Tribune Star America’s First Nature-Based Carbon Credit Auction Could Reshape the VCM in 2025 CarbonCredits.com Sotheby’s to auction painting by humanoid robot in a futuristic first— and it’s expected to fetch up to $180K New York Post |
RELATED ARTICLES
When You Need Extra Cash Ebay Fits the Bill We all have items in our closets and stuffed in drawers that we no longer have a use for. Some of us use our free time to manufacture craft items that we give to our friends and families for gifts, and still others of us buy candles and other items in bulk to sell to family and co workers for a little extra cash. An Emerging Market in eBay Consignments: The eBay Trading Post (Part II In A Series) In 2002, the eBay consignments business was born, referred to by eBay as the Trading Assistant Program.It's possible that eBay didn't foresee just how much they would benefit form their eBay consignments program. Where To Find Items To Sell On eBay One question that always seems to pop up is, "Where do I find products to sell on eBay?" Here are some ideas to get you started.Start at HomeWhen you first get started, it can be a little unnerving. From Ebay Zero to Power-Selling Hero: The Devil Is In The Details If you've ever heard the expression "the devil is inthe details," you can probably already guess how itrelates to today's lesson. The bulk of the work youdo as an Ebay seller will be easy and repetitive, but it is the minor details that will make or breakyour business. Can You Really Make Money Selling New Release CDs & DVDs On eBay? Being an active eBayer, I am often being asked about products to sell. A common question is "Where can I purchase products such as new release CD's DVD's and Video Games for Playstation and X box at a 75% to 100% discount. eBay Listing Service : Make Managing Your Auctions Easy Do you want to have a lot of auctions going but don't have time to keep track of them all? Trust me, you're not alone. With more and more people making significant portions - if not all - of their income from their eBay auction websites the need has arisen for many people to have someone manage the listing of their auctions for them. Online Auctions: How To Generate Fast Traffic From Online Auctions Have you ever participated in any online auctions?Yes, people are making piles of cash from online auctions.And you can take advantage of this new gold rush to generatea lot of traffic to your own website. Profit through Other Peoples eBay Errors There are many issues that influence how an eBay auction ends. Timing, Description, Title, Photos, the list could go on and on. From Ebay Zero To Power-Selling Hero: What It Takes Have you ever wondered what it takes to be "the best of the best"; to outcompete everyone who tries to dowhat you are doing--and to keep them guessing exactlywhat it is that makes you so much better?If you've ever owned a commercial website before, youknow who these people are: they're the ones who sell the same product as you, but make $200,000 each year doing it. They have top rankings on search engines, flocks of loyal visitors, and a mailing list with500,000 subscribers. Why Its a BAD Idea To Promote Hot Selling Products on eBay Do a quick search on Google, Yahoo, or your favorite auction resource site, and you'll quickly discover there are several software programs targeted to vendors who want to promote hot selling products on eBay.The infatuation with hot selling products exists because sellers believe if you target items that have a robust sales pattern, you'll have a better chance at profiting on eBay. 5 Reasons Why Playing Music On Your Auctions Is A Bummer Of An Idea There are 147 million registered users on eBay, and tens of millions of those are desperately fighting to make sales on eBay. When trying to make their auction listings as powerful as possible, many sellers use ill-advised tactics. The Ins and Outs of Dropshipping on eBay Dropshipping is an attractive marketing technique, but when you take it to eBay it becomes a real phenomenon. There are tens of thousands of people running dropshipping business as you are reading this article. How Professional Ebay Auction Templates Can Boost Your Ebay Sales Do you like to sell on eBay ? It's easy and fun, isn't it ? In fact, it's one of the easiest online business you can start almost overnight, without any major investments. That's the best thing about it. Doing It eBay: An eBay Business Means Fun and Profits in a Global Marketplace In 1995, when Pierre Omidyar introduced an online business venue that was essentially a virtual garage sale with auction pricing, no one knew a retailing revolution was about to occur. That site became known as eBay, and it's hard to find someone today who hasn't at least heard about the popular online auction company. Top Internet Businesses The internet is packed with web businesses jockeying forthe attention of regular users. Selling everything underthe sun and offering a substantial array of services, theinternet is quickly becoming the favorite of users,surpassing traditional catalog and store shopping. Using Paypal for eBay Purchases Paypal is the preferred payment choice for many buyers because Paypal allows buyers to pay instantly for eBay purchases. In this article, we will review using Paypal on eBay from the buyer's point of view. The Down Side Of Using Dropshippers In The Ebay Auction Arena! Ok, let me just say right up front that I am not against drop-shipping! I love the concept. If you are dealing with a particular wholesale drop-shipping distributor that is serving your Ebay ambitions well, then hold onto that company with bonds of steel, for truly good drop-shippers are hard to find!Drop-Shipping sounds like the utopian business model. 3 Unusual Formats For Auctions on EBay eBay users are accustomed to only two "standard" formats forsales on eBay: either the 'regular' auction which involvesbidding and waiting; and the Buy It Now, which is an instantpurchase.But there are three other formats that are less well known. Easy Money on Ebay? Ebay was only two years old when I discovered it.A friend I worked with was also starting to sell on Ebay at about the same time, and we exchanged ideas and experiences constantly. How to Win on eBay I've bought over 100 items on eBay over three years and am ready to share my knowledge of how to win at eBay and buy from reputable sellers.1. |
home | site map |
© 2006 |