Thursday, July 12, 2007

Ebay store doing well

I opened up an ebay store a few weeks ago at http://stores.ebay.com/Cross-Computers-and-Electronics. I signed up for the basic store, only $15 a month. It allows you to add new items, create categories, display promotions, and customize the site layout.

Its been very successful so far and I've had over 15 sales - mostly Weber grills and accessories.

I'm looking into buying some ebay market data, but not sure if its worth the money. I've struggled with determining what items to sell, how much to sell for, and finding the sales history available.

You can use eBay Market Data to:

  • Conduct factual analysis -- explore pricing or product decisions
  • Build pricing guides -- understand the fair-market value of goods
  • Understand customer behavior -- understand what people are purchasing by
    demographic
  • Identify market gaps -- discover where supply constraints exist
  • Improve marketing effectiveness -- decide which merchandising features work
    best
  • Provide consulting and training -- help eBay sellers better understand
    marketplace dynamics