Auction Information

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:

Bogus bidder: I've got the lease money
Salt Lake Tribune, United States - 4 hours ago
Should the agency tighten up its auctions by requiring proof of ability to pay? To Jones, an industry insider for 35 years, the answers are no, no and no. ...


Los Angeles Times

Treasurys down after $30B auction
CNNMoney.com - Jan 7, 2009
By Julianne Pepitone, CNNMoney.com contributing writer NEW YORK (CNNMoney.com) -- Treasury prices fell Wednesday - after a record $30 billion auction of ...
Weak Jobs Report Lifts Treasurys Wall Street Journal
US bonds rise ahead of dreaded December jobs data Reuters
P&G Fights for Cash Amid $2 Trillion US Borrowings Bloomberg
MoneyWeek - CNNMoney.com
all 188 news articles


5 Pc. Mappin and Webb sterling silver tea service
Auction Central News, NY - 3 hours ago
By bidding at an auction, whether in person or by agent, absentee bid, Internet or other means, the purchaser or bidder agrees to be bound by these Terms ...
5 1/4" x 6 3/8" Jar decorated bottom some rim damage St. Francis ... Auction Central News
OOP Painting Nude Study c1880 French Gold Frame Auction Central News
all 637 news articles


New Orleans To Hold Abandoned Vehicle Auction
WDSU, LA - 1 hour ago
NEW ORLEANS -- The city of New Orleans Department of Public Works will hold a second auction for abandoned vehicles. The auction will be held Thursday, Jan. ...


PAINTING OF PARIS STREET SCENES, SIGNED EJ CYGNE
Auction Central News, NY - 51 minutes ago
This means the buyer must contact a company (eg UPS, Craters and Freighters) to pick up the item(s) from Lewis & Maese Auction Co., pack the item(s), ...


New technology will help auction off 79 downtown lofts simultaneously
89.3 KPCC, CA - 1 hour ago
A developer in Downtown LA plans to auction them next month... all at the same time. The only way to do that is with new technology that's more eBay than ...
With Slow Sales, Developer of Rowan Lofts Takes a New Direction LA Downtown News Online
all 2 news articles


Auctions: This sale is a Woody Guthrie sale
Philadelphia Inquirer, PA - 20 hours ago
Other performing-arts autograph material in the auction includes a signed Marilyn Monroe photograph ($800 to $1200); a brochure prepared by the local ...


GM to send 200 historic vehicles to national auction block
Shelby Township Source Newspapers, MI - 9 hours ago
By ROSS RAYBIN The 2003 Buick Blackhawk is anticipated to be the hottest car on the auction block this week at the Barrett-Jackson Collector Car Event in ...
GM auctions automotive gems Windsor Star
GM auctions collection iAfrica.com
all 6 news articles


The Market Oracle

US Treasuries Decline Before Record $30 Billion Debt Auction
Bloomberg - Jan 7, 2009
7 (Bloomberg) -- Treasury three-year notes fell before a record $30 billion auction of the securities. Treasuries of all maturities also declined on concern ...
TREASURIES-Longer bonds fall on auctions, issuance fears Reuters
Treasurys Slide; Long Bond Drops Wall Street Journal
BOND REPORT: Treasurys Down Ahead Of Auctions, Fed Minutes EasyBourse.com
Bloomberg - Reuters
all 283 news articles


Boston Globe

Japan’s 10-Year Bonds Fall; Surge in Sales Cools Auction Demand
Bloomberg - Jan 8, 2009
The sale drew bids worth 2.33 times the amount offered, compared with a so-called bid-to-cover ratio of 2.9 times at the previous auction last month. ...
Japanese 30-Year Bonds Decline as Dealers Prepare for Auction Bloomberg
Japan 10-Year Bonds Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japan Bond Futures Fall as Stock Gains Reduce Demand for Debt Bloomberg
Bloomberg
all 613 news articles

Auctions - Google News

home | site map
© 2008