Do you think EBAY Is actually overated or What?

United States
March 16, 2008 9:28pm CST
The reason I ask because i was hear people always saying they sell and buy things off of ebay. i have seen people on myspace bragging about how much money they are making on EBAY. So that is why I asked.
4 people like this
16 responses
@irisheyes (4372)
• United States
17 Mar 08
It's still a viable site for some things but not nearly as good as it was 7-8 years ago. I mostly sell so this is from a seller's perspective. I'm primarily a bookseller and sites like Amazon & ABE are tons better for selling books than eBay. In it's heyday, eBay was a good antiques site but when the powers-that-be started favoring buyers, most of the quality sellers went back to selling at catalog auctions. Those sales are usually live on eBay but the highest bids are almost always on the auction floor. Ebay is still a good site for collectibles - eg. Baseball cards, Hallmark limited edition ornaments etc.
1 person likes this
• United States
18 Mar 08
Wow, yea i have a friend she sales books off of the internet also. I think she sales her books. But I wish you the best with your business.
@bradhart (659)
• United States
20 Mar 08
I sold my ebay book business when i saw the end was near both from my supplier. There was a good will thrift store that ran 50% off days so I loaded up on paperbacks and cookbooks (the big sellers then). I paid a nickel for every paperback, but now my cost is 10 times that, which is still good as a buyer/reader but not as reseller. With Ebay forcing sellers to actually pay the fees ebay is due rather than jacking up the handling fee on penny items, it has hurt small item sellers. I can't say I blame ebay for changing the pricing model. Too many sellers had items for less than a dollar which ebay would get $0.20 for and then the seller would add the actual cost of the item as a handling fee for which ebay got nothing. If people want to get mad about the new pricing they need to get mad at sellers trying to screw ebay out of an extra $1.25 tens of thousands of times a day. As for books on ebay the only way to go for genre paperback is large lots not. Singles are very hard to sell and the only way I would buy a single book on there was if I really wanted for my own collection and couldn't get it else where for cheaper.
@carolscash (9498)
• United States
17 Mar 08
No, I don't think that Ebay is overrated. I enjoy buying and selling on Ebay. I don't make a lot of money but I do usually make enough to buy the items I do from there and to help pay for the books for school for my kids since I homeschool we are always buying books.
1 person likes this
• United States
18 Mar 08
Ok thanks for the feedback may god bless you. I'm glad you make enough to make ends meet. So just keep up the good work and may God bless you.
@dvschic (1795)
• United States
17 Mar 08
i like ebay, i dont make a crazy amount of money but their fees are getting a lil out of control, i can find some good deals on there, tons of presents and gifts are on there at a steal.. i have sold on there for about 8 years, started with college text books and haven't quite stopped yet, its really good for cd's that i buy, rip to my ipod and then need to get rid of.. i'm dvschic on there, u can look for me..
• United States
17 Mar 08
Wow ok thats great. i have college books that i could probably sell also. But yea thats cool, i see you have been doing it for awhile. O ok thats cool.
@dvschic (1795)
• United States
17 Mar 08
check out their partner site, half.com, its strictly for books and cds, not auction style as much... thats where i started and then i moved over to ebay..
• United States
17 Mar 08
Ok i will check it out. Thanks for the advice friend. Have a great day.
• Australia
17 Mar 08
There is money to be made on ebay... the problem is that they are very greedy on the fee side of things... you really need to be listing a lot of items to make a decent amount of money... and of course, every time you list it costs you even more money so constantly relisting an item that doesn't sell isn't good. The other problem is that people on ebay can be really stingy... if something isn't listed at half the retail price then it's hard to sell it... of course all the competition doesn't help for sellers either because they are always trying to undercut one anothers prices which really cuts down your profit margins... I've noticed that a lot of items only sell for about $5 profit because of this. There are alternatives out there though who don't charge listing fees. You can find them on my blog at www.I-hate-ebay.blogspot.com
• United States
17 Mar 08
Wow see I didn't know that. See this shows you how greedy Americans are, especially when it comes to money. We always want to be given something but we do not like helping one another.
• Australia
17 Mar 08
It's not just Americans LOL... I think everyone is guilty of the same thing no matter where they are from... especially in these difficult economic times. It's really not their fault that they are looking for bargains... the problem is the sellers ability to find bargains. But I know what you mean. I have a site which is basically an electronics raffle site... what I do is sell 'shares' in a draw for popular electronic items. If an item costs $400 I'll sell 280 $1.97 shares. The person who wins the item gets their winning share refunded (hence the FREE)... but you know, I am seriously considering changing the site altogether... because not many people are buying shares...they all want free electronics, but don't want to do anything to get it... I mean, I don't have any offers to sign up for and people don't have to promote my site to get signups in order to qualify for the item... in fact, its not a sign up site at all (unless people join my mailing list) Where do people think the money comes from to buy the items and send them out if they are not going to do anything to get it? It really is crazy LOL.
@jess368 (3368)
• United States
17 Mar 08
Not at all! I love Ebay! I was addicted to ebay for about a year. Now I just buy birthday presents. I sell lots of books on half.com, which is a website from ebay. Have you tried to use ebay?
• United States
17 Mar 08
O ok, I still need tips on how to use my account, and know the jiss of everything before i come really active with this site. But I heard alot of postive things about this site. So this is why I asked.
@jess368 (3368)
• United States
17 Mar 08
Selling is pretty easy. All you do is get your item, and I would search it first, to see if anyone else is selling it. Then you know the price range, and what you should list it for. Normally when I am selling something, I search it first, to see the price people are getting for it, as well as I look at the sellers description, to see what information people are looking for. Then you have a big idea of how to sell your item. When buying an item, I do th same thing. I search for the item I desire. I normally search for a few days. I always put in a price limit, depending on what i am looking for. You can always find a very good deal on something if you are patient, and diligent. Also before buying an item, check the shipping price. Many people list there item very cheap, but charge way to much for shipping. New buyers tend to miss this, and end up paying much more than they anticipate. Any questions feel free to ask!
18 Mar 08
ebays is overrated big time. i mean half of the stuff on it is junk.
• United States
19 Mar 08
i just had my account with ebay and have been buying stuffs... actually im kinda addicted to it now. I MUST SAY... I LOVE EBAY!
@Cocoa33 (921)
• United States
18 Mar 08
i think its overrated. yeah you can make money on it. its not all that. the reason why people are saying that is because they are new to ebay.
• United States
18 Mar 08
O ok i got you. Yea I just heard so much hype about ebay. All I would hear is ebay this or ebay that. So that is why i asked. But be blessed and have a nice day.
• United States
18 Mar 08
I think eBay is overrated, but whenever I try to sell items elsewhere, I don't get the traffic that I do on eBay. I am an artist and I sell art there. But, there are some much better sites for artists to sell, except they don't get the traffic and sales that eBay does. So, I stick with eBay.
• United States
18 Mar 08
Aw man sorry to hear that. I'm also a free lance artist if you want to call it that. O ok well thats cool, I wish you the best, and may you be blessed.
• China
17 Mar 08
not at all,ebay like alizonma,it changs the way of live,it has its creative!
• United States
17 Mar 08
Yea thats cool. Yea I guess it is pretty creative in some sense. But yea there are so many opportunites.
• India
17 Mar 08
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• United States
17 Mar 08
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• India
17 Mar 08
I'm totally agree with you my friend, EBAY is a good place to buy and sale goods online, and in my area many shoppers have 'opened" a shop on that site. but I must say that they should first try to create some hype in their own area instead of trying to be the best in a virtual world.
• United States
17 Mar 08
Yea thats cool. i actually thought about putting a store on there. Especially when i get my clothing line out. So that is what I was thinking about. But there is always hype about something wether it is good or bad.
• India
17 Mar 08
I don't really like ebay I have bought a few things off there but to be honest i have never really been to happy. I think I have only really been happy with 2 purchase and that was because I couldn't get them anywhere else. Although strangely enough I am still a little addicted and have to have a look at least once a week.
• United States
17 Mar 08
O ok, while I understand what you mean. Yea they do sell things that you may not be able to get in a store. O I see that you are addicted, lol, wow thats awesome.
• United States
17 Mar 08
Feebay is getting out of hands with the seller fees. I like to buy dvd'd and games from there. But hopefully this will be my last year on that site. The fees are getting too high for me. I don't sell high priced items so I need to leave. You can find almost anything on that site,
• United States
17 Mar 08
Wow. I didn't know that they actually charge people like that. So I basically see where the money is coming from, they are making sure that they get their money's worth. But you are right about finding almost everything on the site.
• Canada
17 Mar 08
I've bought the odd thing on Ebay. You really have to watch shipping prices. Not all sellers are reasonable about them and if you don't watch out the cost of your bid plus the shipping can be unreasonable. I haven't tried selling yet, but have been considering it. The recent changes to how the sellers accounts are managed have made me concerned about what it would be like to sell on Ebay.
• United States
17 Mar 08
Yea this economy can get crazy. People are getting very power and money struck. So we just need to watch how we do things to each other. Because what we do can affect us.
• Canada
17 Mar 08
I like ebay for purchasing things cheap but not necessarily for selling things. I find that they charge alot of small fees and you still have to pay even if your item does not sell. I find that some of the items I look at for potential bidding are somehwat more expensive than on other lesser known auction sites, like ioffer. All in all tho I like the website because of the huge selection of items up for auction.
• United States
17 Mar 08
Cool. SO i see lots of people do use this site. Maybe one day i will try buying or selling something off of it.
@bradhart (659)
• United States
20 Mar 08
99% of what people say they make on eBay is bullsh*t! If you want to find someone who is honest about how much they are making it will be the seller who says they spend 40+ hours a week busting the butt selling on ebay. There are large niche businesses that sell higher priced products that make a decent amount of money with not much effort, but anyone who says the consistently make mad ends in just a few hours a week is full of crap. You can make a decent profit selling an item on there if you are smart watch the market and are lucky, but there is a difference from selling a garage sell or thrift store find for a big profit once in a while to doing doing it all the time. for example I bought 4 crappy Bose 901 speakers which most people have been led to believe are wonderful, for $10 each at a thrift store. I sold the 4 speakers for $750 total and then made $50 each on the stands. This was both smart marketing and a lot of luck finding them cheap. I pick up nice vintage audio equipment regularly for cheap and sell it a couple of times a years for a total profit of a couple of grand. So that said it is possible to make money on ebay, but it will require you to put concerted effort into it and be willing to not make a profit just to get the merchandise out of your house before you start losing money.