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Ebay changes... discuss?
Yeah; the time to compete would have been when they first started.
Also, they have experts they hire to build to specs. To have that, I'd need a LOT of bucks to start up as those guys are probably paid 30k up to Start (and those would probably be not so great ones; young kids at their first job - probably 50k for the better ones and more for the genius types). I don't have that kind of capital. If I had money to burn, I don't know if I'd want the headache of that either. I'd want something not done before. On Thu, 31 Jan 2008 21:00:45 GMT, "Glenn \(SBfan2000\)" wrote: Perhaps you should open a site to compete with ebay. With all ebays rules and the skyrocketing of fees I think they could be replaced pretty easy if you could keep fees low. Problem with this is that they are so big it would be hard to compete. Your talking long term thing here. It could take 5 years or more before you actually got to the point of replacing them. I can't say I haven't thought of it but I don't have the Money to servive those initail startup years! Glenn "Sue H" wrote in message .. . Blue Rays and HD will replace regular DVD's so I'd not go for those ... I also think eventually, we'll be like we are in the paperless society. In other words, we download MP3's etc pretty soon the same will be for movies say on a Tivo type system to stay infinity. They now sell terrabyte systems for PC's too and i think it'll beceom download games MORE than PC gaming. Every year, there are less and less PC games in the stores. Just like LPs and Beta, Cassettes, and 8 tracks... the ultimate would be HD Downloads of films. I think that's the future. SO, if you do this, don't do regulars at least. Do the high quality ones. That's what people want. Also, it's hard to compete with Wal-Mart, Target and major manufacturer's on price of those. Autographs are downhill as nobody signs and the ones that do charge quite a bit, so you would probably have a couple grand needed to start a few private signings. There's always a trust issue that hurts the business all across the board. It's hard to do autographs unless you are like a store which has an actual storefront too; those seem to be the highest money makers. Other businesses I dno't know. I think AutographPros might do ok (have to ask them) but they have a high priced supply and very specialized so have probably a return base. There are a TON of people selling graphs and people usually turn to Ebay because everyone wants it cheap. But now, event the forgeries will be high because the fees are really higher. You're really good with PC's I know, and I think you'd be able to "keep up with technology". That might be a good one, if you can get the word out and specialize in something. I don't know much about that area though. One thing that sucks though about technology areas, is if you overstock and can't sell, you could be stuck with it as technology grows so fast and people want the newest/latest/greatest things. I saw yesterday even people selling vintage watches (Someone mentioned they worked at Swatch, I had one and then remembered someone said they were collectible. Since I don't wear watches and have three, I thought maybe to sell them as one is collectible and two are main names. I found a few dealers in vintage watches! There's so many things! A few good companies that seem to make a lot are things like Replacements Ltd. which sells specific China patterns. I hear their business does well. Also, if you could come up with someting UNIQUE like a craft, T-shirt Logo, pet rock idea, something creative, it could take off! I think you can make a crapload of money on that. T-shirts are always good because everyone wears them, they are very cheap to buy in bulk, and you can design them to appeal to anyone. I don't know what I'd do. I once thought about graphs. Then just a store to sell my crap I don't want. Maybe, I could open a virtual flea market .... now that's an idea. On Thu, 31 Jan 2008 19:21:03 GMT, "Glenn \(SBfan2000\)" wrote: Its nice to have I'll admit. I rent mine so I do pay for it but I have like 7 or so websites so I have to have the space whether its a business or not. The fee I'm currently paying includes a shopping cart but I've never used it. My bigger concen at this point is what I'm going to sell. Since I collect DVD's that was the first thing I thought of. A couple of problems though. I would probably be to tempted to send much of the profits on expanding my collection sine I could get them at wholesale costs. Plus DVD's and Bluray are what 15-30$ a pop? Lots of overhead and each item brings a relatively low profit. Only saver here might be also selling bluray players and other hardware on top of the discs? Then I thought about autographs. But I'm not in a position to obtain autographs in person to then sell. That's really the only way I'd want to do it because in-person is the only way I could make sure they are authentic. I'm an honest guy and don't want to risk selling something as authentic when I'm not sure. On top of that I would still have that problem of wanting to add to my collection instead of parting with them. Now I'm thinking computer hardware. I'm huge into computers and while I would likely buy stuff for myself from time to time it wouldn't really be a problem because I only build myself a new computer about once every two years and not more than that. Plus I'm overdue (currently computer built April 05) to build one so that could be some of the first purchases I make. Plus could right it off as business expense. :-) Doing this I wouldn't be constantly tempted to spend profits on the very thing I'm selling. Plus they are higher ticket items so each item sold has the potention for higher profit which makes the fees and the time involved more worth it. Anyway, I can't do anything for several months because I'm going back to "working" at a christian youth camp in march and won't be done there until probably august. Then I'll have to decide if the business is a go ahead or if I'm going to persue a couple other options. ;-) Glenn "Sue H" wrote in message ... I looked into that as well. Visa/Mastercard does charge and one other thing to consider are State taxes you have to pay if you sell via a website. (At least in your state). You'd have to figure that out but I think there were some "shops" you could buy as packages, and what it does is give you the Pay Pal ability, the Tax info (how to do it). and the whole shopping cart system etc. You will pay quite a bit but really, any business you'll have overhead right? It's a one time cost for the software and most of them have multi CSS for you to use where you can change periodically if you want. So that's nice. However, some domains (if not all) will charge MORE for businesses? I looked into one before and I forget but I think like 300 a year or something like that. Some on here have businesses... What would be ideal is to have my own server; a dream I've always had. However, the ability to maintain it is beyone me. But imagine having unlimited space! I could have a business, my Star Wars site, my family site, a blog, and any other sites I want on there (giving my son free access for his side business or whatever). Man, you could do anything! Have two businesses even... great stuff. On Thu, 31 Jan 2008 18:48:07 GMT, "Glenn \(SBfan2000\)" wrote: I know that probably your biggest overhead is getting stock, thats true in most business ventures but I'm takking about having %20 in just fees to paypal and ebay, that would be on top of the costs of opening the business and having stock. I'm thinking I may need to look at ways to accept payment other than paypal. I have my own webserver so I could setup my own website to accept credit cards. I wold just need to see what MC and Visa charge. I quit my job last march because I was just about ready to kill either myself or my boss. Been doing volunteer work ever since (much happier for it too) but at some point, probably before the end of the year I'm going to have to do something for an income. Glenn "Max" wrote in message ... "Glenn (SBfan2000)" wrote in message news:Nbooj.6731$9g.5547@trndny07... I recently got yelled at via email by a buyer that was upset because I sent him an email asking how he was planning on paying. It had been 7 days since autcion close and no paypal payment and no communication as to "hey I'm sending you a money order." I just wanted to know if he was paying via paypal or if he had sent a money order. He went on and on about how it was way to early for me to be "demanding payment." I have been looking at starting a full time e-bay business but I may have to reconsider. By the time you get through with ebay fees and then paypal fees you are going to have %15-20 taken, thats nuts. Glenn Glenn, That's how you start. That 15 to 20% buys stock and all the other little bits you will need. eBay is a great starting point for any business, but you do have to go elsewhere as well. Depending on what you are planning on doing there is Amazon your own website bought with the profit from ebay toy fairs shows whatever. You always have to look to expand finding better suppliers cheaper delivery methods. Think about it I started last April and I launched my first website earlier this month and I have a substantial amount of stock. in March I will be doing 2 shows and then in May I'm hoping my second website will be launching. I'm doing all this whilst working a full time job. Go for it. As someone who has worked for someone else all my life doing my own thing is worth the reward. If you decide to go for it, Good luck Max |
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