eBay Motors: eBay's Most Profitable DepartmentWritten by Sydney Johnston
eBay cars and vehiclesare among top sellers on this enormously popular auction site. In fact, eBay claims that they sell more cars online than anyone - and more than many dealers. To make it easier for eager buyers to purchase cars, eBay offers many services like 'Live Chat' help for listing and buying vehicles between hours of 8:00 am and 5:00 PM MST, Monday through Friday. There are car dealers whose business is primarily on eBay, like seller of Lexus below who states, "We are a licensed and bonded auto dealer in Florida, specializing in top quality pre-owned vehicles. We sell 90% of our cars and trucks on eBay, and our low overhead allows us to pass savings on to you!" The lure of savings, is of course, what brings buyers in droves to eBay. And it is a great boon to car sellers who don't have to spend large sums of money on salesmen or physical facilities. We all know that money draws people in droves, including less than scrupulous, which prompted dealer to offer all his sales as private auctions: "We have started running our auctions as Private Auctions as many dealers have on eBay. Unfortunately dealers have been trying to skip eBay fees and are emailing our bidders to point of "harassment" trying to sell them other cars. The only way we can stop this is to run private auctions where they cannot see identity of people bidding on our cars." In a private auction, only seller can see names and amounts of bidders, thus preventing unscrupulous outsiders from making contact with bidders and luring them away.
| | The Top Sellers On eBay & We Can Learn From ThemWritten by Sydney Johnston
A fascinating eBay case study is 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 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 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 world (mainly CDs). They got their fame from their auctions for CDs that start at only a penny...
|