Overstock.com Auction Controversy - eBay/PayPal Fee Calculator - Private Label Sourcing
Recent controversial changes at Overstock.com Auctions have resulted in an interesting and often heated exchange regarding the future of the marketplace. Listen in as I examine what is being planned, what mistakes were made and where the conversation is headed. Whether or not you actually sell on Overstock, the evolving dialog presents fascinating lessons for every seller on the realities, limitations and potential for small businesses in the increasingly competitive on-line market.
Thinking like a Powerseller means being aware of opportunities at every turn..listen in as I explain two recent instances that offered me the chance to expand my business and how you too can do the same.
Following up on my recent discussion of gross profit/markup calculators, I talk about a site that offers an excellent eBay/PayPal fee calculator that really helps fine-tune your auction profitability.
A source for Private Label manufacturers/suppliers/wholesalers that is not your usual list of suspects.
A simple e-commerce site that proves if you know your customer and your product, the sales will naturally follow.
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Links from this week’s show:
Overstock.com’s Patrick Byrne’s Latest Post - A detailed explanation re the changes on the site.
eBCalc - eBay/PayPal Fee Calculator that really gets into the nitty-gritty.
PrivateLabelSourcing - Easy-to-use, accurate site for retailers, wholesalers, brokers, suppliers and service companies to find each other and identify business opportunities.
TarpTent - A simple site that demonstrates how a unique product and a clear understanding of the customer equals intelligent design.
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December 5th, 2006 at 10:15 pm
Great show as always. Interesting about Overstock’s approach to message boards. I applaud their effort as well but I would argue that eBay’s free-for-all approach is a business strategy that makes sense in that it gives sellers an opportunity to vent in a contained environment. Better that than to take that anger to blogs, the press, and other areas that eBay can’t manage or control. To paraphrase something that President Johnson once said to his aides… “If you want to urinate, do it inside my tent, not outside”.
February 5th, 2007 at 1:14 am
I don’t think I will ever get it!? Why does eBay keep increasing their fees? It feels like they are trying to catch up with some kind of cost they are incurring? Or…I don’t know.
May 18th, 2007 at 10:06 pm
I appreciate that eBay is a company and relies of profits to grow and expand but it does hurt many sellers when eBay hikes their seller fees and then reports increased profits.
Are those profits due to the rise in ebay seller fees or is it because the company is growing?
I would like to know just how much of the fee increase is accountable for the rise in profits.
Maybe someone will know or at least have a good idea and post something for the rest of us to read.
Michael Sherriff