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To eBay or NOT to eBay


FACT: eBay's Gross Merchandise Sales (GMS) 2003 - GMS, the total value of items sold, was a record $24 billion, representing a 60% year-over-year increase from the $15 billion reported in the full year 2002

FACT: Over 79 million times a day, eBay users find products and brands of their choice.

FACT: In the final quarter of 2003, reported and increase of 41.2 million active users, up 3.8 million from the previous quarter.

(Exerts from January 21, 2004 - eBay? Inc. Announces Fourth Quarter and Full Year 2003 Financial Results.)

When I read the 2003 Financial Results, the first thing I thought of is 'what a lot of traffic'.

Think about it 79 million times a day people are looking at the eBay site for products or services.

And if you think anything like me ? the next thought would be, 'can I drive some of that traffic to my site'

The answer is YES!

This scenario is the 'norm" in an auction.

  • Seller lists item
  • people visit auction
  • some make bids
  • highest bidder wins (one winner)
  • product sold and delivered

Question: What happens to all the people who visited the auction and didn't bid or bid and didn't win?

Answer:Lost Revenue, Lost Opportunity

It doesn't matter what kind of service or product you are selling or decide to sell.There are TECHNIQUES that can help you DEVELOP constant flow of traffic, SALES and GENERATE LEADS.

If you use eBay solely as an auction site, then you will make a few dollars, a couple of thousand if you are bulk selling.

Power eBay Sellers know that they real money comes when you drive people from your auction sale to where ever else you need to send them.This of course should firstly be to your own website, but you can send them to affiliate sites just as easy.

eBay is more that a giant flea market, you see, eBay auctions attract millions of TARGETED customers.You don't have to go in search of subscribers - they will come to you.

About the Author

Gillian Tarawhiti, is Founder and CEO of Community Training Centre, an Internet Marketing firm providing Online Training and Support to the new and not so new netpreneurs. Gillian is also the author of eBay Billion Dollar Goldmine and the creator of the Multiple Ripple Effect System © 2004.

Permission is granted to reprint this article in print or on your web site so long as the paragraph above is included and contact information is provided to http://www.ezy-money.com


MORE RESOURCES:

CNET (blog)

How I almost got scammed selling my old iPod Touch on eBay
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My collection of JVC Videosphere TVs--an eBay success story. After checking out various resale sites such as Gazelle.com, which offered my $43 for my device ...
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IBTimes Hong Kong

Buffett-Autographed Dairy Queen Spoon Raises $4500 for Charity
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The five-pound spoon drew 61 bids since July 21 in an Internet auction that ended yesterday, according to EBay Inc.'s website. ...
$4500 wins Buffett DQ spoonOmaha World-Herald

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Reuters India

EBay 2Q Profit Rises 26%; 3Q View Below Estimates
Wall Street Journal
EBay's gross merchandise value, or GMV, the total value of goods sold on its marketplaces websites, excluding cars, was up 13% driven by a 20% jump in ...
EBay Lowers Forecast as Falling Foreign Currencies Cut Into Overseas SalesBloomberg
EBay Q2 Profit Beats StreetABC News
EBay shares up on better-than-expected resultsMarketWatch
Forbes (blog) -Auctionbytes -Parcel2Go.com
all 598 news articles »


PayPal Returns to Online Casinos
Online Casino Reports
The company has stayed largely away from online gambling since a 2002 decision by its parent company eBay after the United States federal government accused ...
Going for a SongTheStreet.com (subscription)
Paypal Again Processing Ladbrokes Online Gambling TransactionsCasino Gambling Web
Paypal returns to internet gamblingLondon Bingo News (blog)

all 4 news articles »


eBay Lacks a Pulse
TheStreet.com (subscription)
By Sham Gad eBay is at its most attractive valuation ever, and its growth prospects are significant. By LA Little Shares of the Internet auctioneer show ...



Rockstar Energy Drink UPROAR Festival EBay VIP Ticket Auction Puts You ONSTAGE ...
Music Indistry News Network
Beginning Sunday, August 1, 2010 and running for ten-days, fans can bid on eBay for a once-in-a-lifetime chance to receive two (2) VIP tickets to the ...

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Kansas City Star

PayPal Goes to Japan…Without eBay
Digitaltrends.com
PayPal has announced plans to enter the Japanese market...but it's going in alone, without parent company eBay. At a press event in Tokyo, online payment ...
PayPal makes Japan moveFinextra
PayPal making belated foray in Japan, without eBayOne News Page
PayPal Looking to Expand Payments Service Into JapanDigital Media Wire
TMCnet -Barron's (blog) -The Associated Press
all 131 news articles »


Approaching Support- eBay
TradersHuddle.com
New York, July 30th (TradersHuddle.com) - Shares of eBay Inc. (NASDAQ:EBAY) are trading very close to calculated support at $19.92 with current price action ...
Approaching Support- McAfeeTradersHuddle.com

all 3 news articles »


International Business Times AU

eBay sellers beware, the ATO is coming
Ninemsn
By Alice Uribe, ninemsn Money The Australian Tax Office (ATO) will crack down on people who run businesses through eBay and The Trading Post and don't ...
ATO goes after eBay sellersCRN Australia
ATO targets eBay and Trading Post sellersSmartCompany.com.au
eBay, Trading Post help catch tax cheatsZDNet Australia
Sydney Morning Herald -CFO World -Herald Sun
all 48 news articles »


In Silicon Valley, Forget Your Wallet — But Not Your Phone
Wall Street Journal (blog)
In one, eBay's PayPal online payments business is equipping some 2000 of its own employees in San Jose with stickers from a company called Bling Nation that ...
Bling Nation Launches Introductory PayPal Program in Palo Alto to Tap-and-Pay ...PR Newswire (press release)
Bling Stickers at PayPal's HQAmerican Banker (subscription)
PayPal employees can pay via Bling NationSan Jose Business Journal

all 14 news articles »

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