Selling on eBay
June 20, 2008 7:53am CST
I just read an article from auctiva that confirmed something I suspected which is that an average of 40 percent of eBay items sell. That's just the average. In y research, I have found some people sell as high as 70 percent and some as low as 10 percent. Years ago before the new stuff was sold on eBay, I would get as high as 70 percent on items I found at yard sales/auctions. But no more. I'm down to about 25 percent. A friend who used to make thousands every week is struggling to get by now I've been reading several articles that seem to indicate that the old eBay is gone and to quit crying about it. eBay is going e-commerce. If you have a big enough storage area; you business papers all in order and lots of cash to invest, you can buy from wholesalers (true wholesalers and not middlemen.) Now storage can be solved and business papers are easy enough to come by. But, having the cash or finances for huge investments for stock that is required by the true wholesalers in order to buy from them can be problematic for some people. An alternative is dropshipping. You see ads all over the internet for dropshippers. From my research it appears most of these are wholesalers who also dropship for a higher fee. There is really no such thing as a "dropshipper." The problem here is that the price you pay these so called dropshippers is more than what is being sold on eBay and what profits you do make gets eaten up in eBay/Paypal fees. Via eBay's completed auctions, I checked a few sellers of wholesale items and compared their sales vs esitmated seller fees and they are about breaking even. I found items from one "dropshipper" and searched eBay to find sellers that appeared to be selling from that particular "dropshipper" for my comparison. What I would like to know is, has anybody out there had personal success in dropshipping? What kinds of experiences have you had with dropshipping.
• United States
20 Jun 08
I have never used a dropshipper, as I only sell on Ebay sporadically. Personally, the itme I do sell, sell-through at a much higher rate than 40%... I would guess at least 75%. I read an article on Yahoo that seemed to indicate that many sellers have moved to fixed-price listings and many sellers have tired of auctions (getting out-bid in the last minute, items worth $20 getting bid to $40 by ghost-bidders, etc) If I were to open an Ebay store again, I'd be opting for the fixed-price listings also and if I could find an absolutely reputable dropshipper, I'd consider going that route.
• United States
20 Jun 08
Thanks, Your ideas sound good. I'll be looking closer at the various dropshippers and if I pick one, I'll ask any buyers to let me know if the delivery time was as promised. I found one dropshipper that I signed up for that sends an e-mail whenever stock drops below 100 and when it actually goes out of stock. As to the snipers (last second bidders that use sniping web sites) I only have seen them in a few categories like postcards were collectors and sellers looking for good buys abound. As to ghost-bidders, I find it hard to verify this. I had one item that I sold one popular item that usually sold for $15 jump suddenly to $35. I was the only one to get that price. I've also seen it in reverse where mine went low while another with with a lower quality item go much higher. So, there are flukes and it's not always ghost bidders. I've seen more examples of strange surges in prices that made no sense and while seller manipulation can be suspect, that's not always the case. I have a friend waw falsely accused by ebay of that because one buyer was a regular customer who eBay also suspected of collusion.