New Company Will Sell Stuff For You On eBay

from the derivative-business-models dept

As easy as eBay is, there are still some people who don’t want to go through the hassle of setting up an eBay auction. For those people, there’s a new company, founded by the people who created the Internet Shopping Network nearly a decade ago. The way it works is you drop off the item you want to sell, and they auction it off on eBay for you – while keeping a hefty commission. Clearly, this is a local business opportunity, though, they see themselves opening up nationwide outlets. I wonder how big they can get. Basically, it’s a pawnshop of sorts, selling things on consignment online. While there are still some people who don’t know how to use eBay, that number should decrease over time. There will still be a market for people who simply don’t want to spend the time to put up their own eBay auctions, but they’ll still have to drive to the local “AuctionDrop” center and fill out whatever paperwork there – so the time savings seems small, especially when you’re giving up 20 to 40% of the proceeds. About the only other market I can think of, are people who have bad eBay feedback rankings, and need to hide that under some other seller’s – but those people probably just register new identities.


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Comments on “New Company Will Sell Stuff For You On eBay”

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11 Comments
Kenny Smith (profile) says:

Selling

I used to know a guy back in 2002 that would come to your house and take pics and sell items for you and if necessary he would fix or repair even restore some items to resell. I don’t know what happened to him, but I believe he wanted 35 % for selling these items , which at the time seemed ridiculous to me , but looking back, maybe he was onto something. For fixing or repairing was more. But if you think about it, I had to do nothing but supply the items. I wish he was still around or someone like him.

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