The Top Sellers On eBay & What We Can Learn From Them
A fascinating eBay case study is the 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 the 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 the 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 the world (mainly CDs). They got their fame from their auctions for CDs that start at only a penny? What can we learn from this fascinating case study? What do Jay and Marie actually do? Well, for one thing, they have huge numbers of auctions. Today, they have 83 pages of auctions listed. eBay lists 50 auctions to a page, so that is over 4,000 auctions. Secondly, they offer great value, because their CDs begin at one cent. Yes, all of them. None of their auctions has a reserve. Does it pay off? You betchum! Today, looking through 4 pages of eBay auctions, only 3 of them had no bids - so far. And, naturally, their great feedback and reputation work heavily in their favor. After all, how many eBay sellers have 177,000+ feedback points with over half a million transactions completed. This case study shows all of us how smart marketing and a great business model can pay off on eBay - and ecommerce, in general. Sydney Johnston, the AUCTION QUEEN, was one of the original sellers on eBay and has been selling on eBay since the winter of 1996. She is the originator and teacher of the famous Auction Genius Course, a powerful 16 hour multi media seminar on the Internet that teaches her students how to sell on ebay.
Related News
Slice of Diana wedding cake sells for ￡1200 at UK auction 黛妃 ... - Taipei Times
Auction scene brighter - NEWS.com.au
Auction scene brighterNEWS.com.au, Australia -6 hours agoBuyers yesterday seemed content to negotiate afterwards rather than bid at auction. Auctioneer Andrew Chisholm, of Buxton Real Estate agency's Bentleigh ... |
Chef John Ash helps kick off Wine Auction Weekend this month - Lake County News
Pollution auction set for Maryland - Carroll County Times (subscription)
Pollution auction set for MarylandCarroll County Times (subscription), MD -3 hours ago25 auction, the first of its kind in the nation, is part of the Regional Greenhouse Gas Initiative, an agreement among the 10 states to reduce greenhouse ... |
Yahoo Japan auction users allege ID theft - United Press International
Yahoo Japan auction users allege ID theftUnited Press International -3 hours agos auction site say they have been victims of identity theft. About 3000 cases have been discovered among users of site, with their IDs unknowingly being ... |
DoT starts 3G auction process; pre-bid conference tomorrow - Press Trust of India
India begins process to auction 3G airwaves - Sify
Pakistani puts kidney up for online auction - Times of India
Pakistani puts kidney up for online auctionTimes of India, India -1 hour agoISLAMABAD: Bizarre as it sounds, a Pakistani has put his kidney up for sale at a leading auction website of the country. In recent years, Pakistan has ... |
SUSAN TOMPOR Auction-rate securities probed - Detroit Free Press
SUSAN TOMPOR Auction-rate securities probedDetroit Free Press, United States -12 hours agoBrokerages and other financial firms nationwide sold auction-rate securities to well-to-do investors, small companies and others as a higher-rate ... |
Auction-Rate Bailouts Bypass Some Investors - Wall Street Journal
|
|
 |
|
|
RELATED ARTICLES
Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction
You may have heard about ebay and other online auctions.
From Ebay Zero to Power-Selling Hero: Using Feedback Effectively
When I talk about feedback to new Ebay sellers, I usually
compare it to having one note posted on the door of a
brick-and-mortar business for every transaction. At
almost any business--no matter how bad the service--you
would have a lot of positive transactions; and thus a
lot of positive notes. As a potential shopper, you
probably wouldn't bother to read all of these positive
notes. Instead, you'd look to see if there were any
negatives.
Five Tested Ways To Find The Perfect Drop Shipper
You've heard about it many times in recent months. Being the business-minded person that you are, you most probably got curious and did a few research of your own. But resources seem to be few, and what meager data you've found made you wonder even more?
How Drop Shipping Works
One of the most frequently asked questions on the Net is: "What should I sell online?"
Make BIG MONEY on eBay - Your Unlimited Cash Cow
Let me be brutally honest; until recently, I had never bought anything on eBay, I'd never sold anything on eBay, and, dang-nab-it, I disdained auctions. (Bidding wars just weren't my bag. I was a lover, not a fighter.) But one fine day, everything was about to change.
The Top Ten Antique Categories On eBay!
Knowledge is Power! And this statement could not be more true when it comes to selling on eBay. As explained in my book "eBay Marketing Wholesale SourcePak", being successful on eBay all depends on being in the right place, at the right time, with the right product. For example, did you know one of the most popular categories on eBay for buying and selling is the Antiques Category. That's right! People flock to eBay to locate treasures from the past. But what if we could know exactly what they are looking for? Just what kind of Antiques? Well I can help! Below you will find the Top Ten Picks of Antique Categories (at the time of this writing) as per eBay.
Top Internet Businesses
The internet is packed with web businesses jockeying for
the attention of regular users. Selling everything under
the sun and offering a substantial array of services, the
internet is quickly becoming the favorite of users,
surpassing traditional catalog and store shopping. In
addition to phenomenal sales and dynamite deals, the
internet offers access to all types of stores with just a
click of the mouse. Open 24 hours a day, seven days a
week, it is no wonder why the internet is such a popular
shopping alternative for individuals all over the world.
Especially with such popular online sites such as
Overstock.com and eBay, the online marketplace is quickly
filling up with top internet businesses. If you are
interested in joining this elite group of successful
businesses, today is the day to start! In additional to
the popularity of owning a web business, the remarkable
ease will make it a popular alternative to the traditional
job market. Working from the comfort of your own home and
setting your own schedule around your pre-existing
responsibilities, owning and running a web business will
certainly fit into everyone's lifestyle.
What YOU Must Know About The Advantages And Pitfalls Of Dropshipping
The following may be the most important information about
dropshipping you will find.
Your Junk is Another Persons Gold
Saving money can be quite hard to do if you are on a tight budget, but all of us can do it very simply by selling the things that are cluttering up our homes and which we no longer need. I am fairly sure that most of us, if asked, would like some extra cash to help pay off a loan or other debt, or to put towards something nice like a holiday or something else that you would like to save up for.
Auction Image Hosting for Ebay Auctions: Free Single Most Recommended Tip
It is a well known fact that the more pictures taken of an item, the better it will sell. Not only will you get more bids, but you will make a superior final profit. This is probably why this tip is the single most given tip when it comes to ebay.
Before You Sell On Ebay, Take The Most Important Step
If you want to earn a full-time income selling on Ebay,
you must take the first and most important step in all
successful business ventures: you must accept that it
is possible.
When is Wholesale Really Wholesale
You've finally found the wholesale source for the high demand widget that is selling like hotcakes on the Internet. Thoughts of watching the money pouring in and celebrating the new found success selling widgets has you so excited that you can't wait to buy 5 widgets at wholesale and double the investment.
Multiple Income Streams on eBay within 30 Minutes!
POWERSELL Status, the secrets revealed.
Just The Ticket - How To Make Hundreds Per Day As A Ticket Broker On eBay!
It should be simple - your favourite team/band/theatre play is just about to perform in a couple of weeks. You've waited months for this, now you're going to log on, book the tickets for yourself and your best buddy and bingo?you'll be at the event of the decade for a night to remember. If only it were that easy - you have your credit card ready but the words that you dreaded flash up on your PC screen?.SOLD OUT!
2 Step Secret Reveals How You Can Find Wholesale Suppliers
Have you spent hours on the internet searching for a viable
wholesale source? I did. I spent money on self-professed
in-depth Wholesale Supplier directories and membership sites.
All a waste of time and money.
Everything You Need To Know About Ebay Money Making Opportunities
Ebay money making opportunities are simply the best thing to come along since the wheel. Seriously, everybody from grandmothers to middle school kids are cashing in on what's been called the $14 billion ebay pie.
Royal Memorabilia ? An eBay Prince or Pauper?
There has always been a fascination with royalty and as a niche area for collecting and auction trading, it is still a relatively accessible market. And it can also be extremely interesting.
What to Sell on eBay - 7 REAL Tips for Finding Successful Products
This question has become one for the ages. There are many answers to it, few of which will actually help you. Today we will give you 7 tips you must keep in mind when you search for items to sell on eBay.
Garage Sales, Flea Markets, and Special Events... Oh My!
The activity chart is an ingenious way to find, in order, events happening in your community throughout the day. Plug in 'www.noonernight.com' on your computer or cell phone and retrieve lunch specials, happy hours, music and nightlife events.
eBay Bargain Hunting - Spell Your Way To Success!
Have you ever wondered how identical items can fetch such widely differing prices on eBay? Or why some items fail to receive any
bids at all?
|
