The Effects of eBay on American Merchandising

With one brilliantly simple idea, eBay was born just aAs sellers begin to see profits eroding due to too
few short years ago.many sellers "playing the game", the question of the
From its humble beginnings in the Collectibles business,day seems to be, "What is the best thing to sell on
it went on to achieve the lofty heights it enjoys today.eBay?"
As eBay has continued to grow to over 30 millionThe simple (and somewhat facetious-sounding)
registered users, it has transformed the ability ofanswer is, "Whatever people are interested in that is
individuals (as well as Corporations) to move productnot currently selling on eBay in mass quantities".
of all kinds.eBay is now a place where virtually anyMore often than not, success on eBay results from a
item imaginable is available, for the right price.seller taking on a niche that they are familiar with and
With a few clicks of your mouse, the doors to theenjoy. Many of the top eBay sellers have built their
world marketplace are opened for you.entire business around a niche that they enjoy, such as
Similarly, with a few clicks of your mouse, the entirea certain type of collectible, or a certain hobby, interest
world can be viewing your merchandise for sale.or sport.
It is this awesome power that eBay gives to you, for aIf you take this approach, not only will you be happier
small fee.doing that which you enjoy, but listing items will not
Is it any wonder that large institutional sellers, such asbecome a "chore", it will be an enjoyable experience.
the U.S. Postal Service, J.C. Penneys, various PoliceAs eBay continues it's trend-line of massive growth,
Departments and all types of Corporations havesellers must be increasingly aware of three things that
discovered the power and efficiencies of selling onwill ensure opportunities for growth and success:
eBay?
The drawback for the smaller seller is that, as more1. Opportunities for new products to sell
and more individual and institutional sellers sign on to sell2. Alternative venues in which to sell their products
on eBay, the supply of similar items will increase.3. Advanced marketing techniques that can leverage
This increase in supply results in a decrease intheir time and money
demand, and with that decreased demand, lowerUltimately, it is this extra awareness that will determine
ending bid amounts and lower profits for all sellers.who the winners are in the game of Online Auction
This has already begun to happen in some categoriessales.
as ending bids continue their slow trend downward.