Internet Salsa

Saturday, January 21, 2006

We Sell It on Ebay For You

You heard that right. Have you watched a movie "40 year old virgin?" The lady in that movie does exactly the same thing as the title says. She sells items for someone on EBay.

EBay is the number one shopping sites out there. Started little over a decade ago, EBay now has more than 100 million registered users.

Many have even made their career out of EBay. Like the lady in the movie, there are companies that sell items on behalf of their customers on EBay. Here is how it works in most cases..

  • Fill out the form
  • Bring items to one of the drop off location
  • They will send you a check once the item is sold

Some of the big players are i-soldit.com, auctiondrop.com, and quickdrop.com. There is however some restrictions on the items that you can sell through these guys. For instance most of them require that your item be of at least certain value and weight. For instance an item should not be less than $50 and should not weigh more than 150 lb.

Some of the advantages:

  • It’s easy to buy on EBay but hard to sell items. You don't need to spend time in preparing an item to sell, and monitor them, especially if you have a busy schedule.
    These companies would do everything for you. They will take pictures, and write effective descriptions, and post them online. They will even ship it for you.
    These companies have very good reputations on EBay. They are usually power sellers, and have experience in selling items on EBay.
    Once the item is sold then they will send you a check minus their fee and EBay Fee.

Disadvantage

  • You will get less money than if you have sold it yourself, but is this really a disadvantage? Because if you sell yourself then you will need to spend some time unless you are a pro at it.
  • Need to drive to the drop off location, especially when gas is expensive. But you could drive to the store on the way to work or on the way to grocery store, since there are many drop-of-locations opening. Auctiondrop has partnership with UPS store so you could drop there as well. There are around 3000 UPS stores nation wide.


Overall, I think it’s a good idea. These companies do offer franchise, and could cost 80K to 125k to open up a franchise store.

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