What are some good alternatives to selling on eBay?
Sales may be down but it could very well be due, in great part, to the economy. This may be especially true if you are selling high-end jewelry. Regardless, people who have been affected by the economy will forgo jewelry to buy necessities. However, before you jump ship, consider your potential market. How many members does the new auction site have compared to tens of millions of members at ebay? You may be saving money on fees or paying no fees at all but any new auction site will have a small fraction of the members that ebay has. You may sell an item for $10 at another auction site with far, fewer members that would likely sell for substantially more at ebay with its much, much greater membership. This is a classic example of “stepping over a dollar to pick up a penny.” These smaller auction sites are good for buyers for the same reason that they are bad for sellers: fewer bidders = less competition = lower closing prices. These bidders/buyers are smart and have been taking advanta
