World’s Largest Garage Sale

Candy ReedyBeaver Creek IT Consultingwww.beavercreekconsultants.com406-827-7573

The Ins & Outs ofThe Ins & Outs of

Click on Page to bring up objectsNote: Hyperlinks are on several pages to eBay note

blue underlineExpectations7 years experience with lots of buying and sellingKnow a reasonable amountHigh level overview to get startedCriteriaComputerEmailAverage user with internet access preferably high speedeBay accountStart by buying on eBaySell on eBayHow many just want to see what the fuss is all about?

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Click on Page to bring up objectsWelcome to eBay (spelled eBay) Echo Bay September 1995Computer programmer originally named auctionwebSelling a broken laser pointer for $13.83147,000,000 users431,000,000 listings24 countries have sitesIndia now most of interest trading zone

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eBay Companies & FranchiseeBay Companies & Franchise

eBay Wiki beta

Click on Page to bring up objectsExpress Retail Shopping cart 2006 – 85% buy now, Half Sell books, Video and AudioInternational locations all over the worldSeveral high end auction housesPeoples Encyclopedia & blogLive auctionsTelephone over the internetClassified business ads GumtreeRetail franchise operationsStoresProStores for websites wanting to sell through eBayCompetitors: Amazon, Price Grabber, Yahoo AuctionsOverstock Auctions, Epier, Ubid, Ebid, others for specific

collectors

IBM one of largest sellers

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Getting StartedGetting Started

Decide what to sell:You have thousands of dollars in your house right now!

Prepare to sell: (1) Take good photo of item; (2) Use simple “Sell Your Item”Checklist to get organized.

List your item: (1) Explore the ”Sell Your Item” form; (2) Create "The Perfect Listing," (3) Get paid immediately with Paypal.

Complete the sale: (1) Track your listing in “My eBay”; (2) Visit the eBay shipping center; (3) Print labels and postage right from your desktop.

Or Find a Trading Assistant

••Registration eBayRegistration eBay

••Getting Started on eBayGetting Started on eBay

•• Paypal registrationPaypal registration

••Purchase on eBayPurchase on eBay

••FeedbackFeedback

••FeedbackFeedback

••Sell on eBaySell on eBay

Click on Page to bring up objectsGetting Started – Register – www.ebay.comLook at categories surf around on the siteGet a Paypal account for buying online. Will need email bank account number. Two deposits are made to account to verify.Monies for Paypal can be taken directly from bank account or use credit card. Study feedback of seller. Number one most important asset of eBay.Purchase using Paypal something on eBay so you get a feel for the process.

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What about Fraud?What about Fraud?

1. Receiving payment and not shipping merchandise. 2. Shipping items other than those described .3. Shipping faulty merchandise. 4. Counterfeitor bootleg merchandise. 5. Selling stolen goods.6. Inflating bids by bidding on own auction with a "shill" account:

• seller under an alternate account, • another person in collusion with the seller,• XXLsell service (Strictly forbidden), • Shill bidding is strictly prohibited by eBay and illegal.

Bidders are allowed to subscribe to Sniper ServicesBidders are allowed to subscribe to Sniper Services

eBay, a Well Behaved Self Disciplined Community**

Click on Page to bring up objects#1 Most important aspect of and eBay account

The major fraud prevention mechanism for eBay users is its feedback system.

eBay seller fraud .01%

Disputes

Disputes & Paypal

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• No time constraints: (1) Bids are placed any time; ( 2) List for a specific number of days.

• No geographical constraints: (1) More accessible; ( 2) Reduce cost of "attending" an auction.

• Intensity of social interactions: (1) Social interaction is passive; ( 2) Anticipation of "win" is exciting; (3) Successful bidders are called “winners”.

• Large number of bidders: (1) Low price; ( 2) Broad scope of products and services; (3) Ease of access = large numbers of bidders.

• Large number of sellers: (1) Large number of bidders; (2) Potential relatively high price; ( 3) Reduced selling costs; ( 3) Ease of access = large number of sellers.

• Network economies: Large number of bidders encourage more sellers, which, in turn, will encourage more bidders = virtual spiral

Why Sell on eBay? The Selling ModelWhy Sell on eBay? The Selling Model

Buy or Sell day or night, Listed for 3, 7, 10 days, buy now, make best offer, Dutch multipleBuy anywhere including Thompson Falls MontanaNo interaction, no pressure, watch list, exciting when you win, more exciting when you win by snipe (25 cents per win) *(Downside—don’t get right away minimum 3 days, international weeks) grow accustom Large base of bidders, lots of products, lower costsLarge base of sellers, lots of similar products, sell in volume Virtual spiral feeds itself

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eBay.com Auction FeeseBay.com Auction Fees

$4.80$500.00 or more

$3.60$200.00 – $499.99

$2.40$50.00 – $199.99

$1.20$25.00 – $49.99

$0.60$10.00 – $24.99

$0.35$1.00 – $9.99

$0.20$0.01 – $0.99

Insertion FeeStarting or Reserve Price

Insertion Fees

5.25% of the initial $25.00 ($1.31), plus 3.00% of the initial $25.01 -$1,000.00 ($29.25), plus 1.50% of the remaining closing value balance ($1000.01 - closing value)

Equal to or Over $1000.01

5.25% of the initial $25.00 ($1.31), plus 3.00% of the remaining closing value balance ($25.01 to $1,000.00)

$25.01 –$1,000.00

5.25% of the closing value$0.01 – $25.00

No FeeItem not sold

Final Value FeeClosing PriceFinal Value Fees

Click on Page to bring up objectsAuctions Fees

Reasonable compared to swap market, consignment etc.Insertion fee + any additional pictures special marketing etc.Final value fees low, low overhead.Can charge handling fee built into shipping expense. Watch out for high shipping fees when bidding.

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eBay StoreseBay Stores

$499.95 / monthAnchor

$49.95 / monthFeatured

$15.95 / monthBasic

FeeStore Level

Subscription Fees

US$0.10 / 30 days

US$0.10US$25.00- and above

US$0.05 / 30 days

US$0.05US$0.01-US$24.99

Good 'Til Cancelled*

30 daysStarting or Reserve Price

Insertion Fees

Sanders County Mall

Sanders County Mall

10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the initial US$25.01 – US$100.00 (US$5.25),plus 5.00% of the initial US$100.01 – US$1,000.00,plus 3.00% of the balance(US$1,000.01-closing value)

Over US$1,000.01

10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the initial US$25.01 – US$100.00 (US$5.25),plus 5.00% of the remaining balance US$100.01 – US$1,000.00

US$100.01 – US$1,000.00

10.00% of the initial US$25.00 (US$2.50), plus 7.00% of the remaining balance US$25.01 – US$100.00

10.00% of the closing priceUS$0.01 – US$25.00

No FeeItem not sold

Final Value FeeClosing Price

Final Value Fees

Click on Page to bring up objectsStore Fees

Just like on store shelfBuy now price, best offer, or auctionLarger volumesListing fees significantly lower Final value fees about the samePayments received minus final fees through Paypal. Payments for listing fees and store billed monthly

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And Much More!And Much More!

••Integrate with WebsiteIntegrate with Website

••Features to Enhance WebsiteFeatures to Enhance Website

••Importance of ResearchImportance of Research

Click on Page to bring up objectsFinal Comments (before examples sold):

Links can be built into websiteUse eBay features to enhance website like fabric glossary#2 most important Research, Research, Research – the most fun part!eBay as the largest appraiser of goods – setting the market value by how they sell.Something special to sell – animal friendly bear tooth necklace from IT boxPractice great customer service, get great feedback!

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What is

Click on Page to bring up objectsMarketing program to IT, it Fits!ProhibitedTobaccoAlcoholNazi paraphernaliaBootleg recordingsFirearms and ammunitionUsed underwear and dirty clothingTeacher editions of textbooksHuman body parts and remainsCertain copyrighted workMany other wholly prohibited items –stuff bear

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Dunkin DonutDunkin Donut

Click on Page to bring up objects35 bids,Selling price $2375

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Bacon Bacon

Click on Page to bring up objects

Brand spankin' new! This auction is for 1 (one) tin of  Bacon Bandages. Ouch! That smarts! Treat your minor cuts, scrapes and scratches with the incredible healing power of a designer bandage. And if a fancy bandage isn’t enough to dry up your tears, how about a FREE TOY! Each comes in a 3-3/4" (9.5 cm) tall metal pocket tin and contains a small plastic trinket to help make even the ouchiest owies feel all better in no time. The 3" x 1" (7.6 cm x 2.5 cm) Bacon Strips are cut to look like small slabs of bacon. Fifteen per tin.

$3.99 + 4.50 shipping buy now

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Own Spot on the MoonOwn Spot on the Moon

Click on Page to bring up objectsOwn A Spot On The Moon "Don’t Miss Out" 16 Bids, Sold $18.50

Well today Power Mix FM Inc Is offering you a piece of your childhood an Authentic Certificate for 50 Acres on the moon. This certificate will also have the state of Maine Notary of public on it.Just close your eyes and imagine your friends faces when they see that you have a certificate for 50 acres of land on the moon hanging on your wall. Still having a hard decision on placing your bid on this life altering auction? well lets look deeper into everyone's childhood shall we?Remember all those childhood dreams that always made you forget about the real world and it always seem to have put a smile on your face.Or how about that time when mom and dad walked out of the kitchen with your very first birthday cake, Or the first time your eyes open to see two loving people smiling at you for the very first time.These are moments to cherish forever..And that's what this certificate will do.It will remind you that life is too short to let things pass you by, that dreams really do come true if you put your mind to it.With this said dig deep into your heart and soul and place a bid today for your childhood dream

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Absolutely NothingAbsolutely Nothing

Click on Page to bring up objectsSelling nothingSold for $5.50Kloof, KZN, South Africa

100% PositiveFeedback:

walterw2004 ( 16    ) Seller:

Nothing ..... absolutely nothing.

Free delivery worldwide!

Auction ended early with Buy It Now.

Air Guitar from Arizona sold for $5.50

MYMY……....

My CollectionNo Jeans! Brand sweaters 1980’s My collectionOver 30 sweaters 4 years, seasonal, each unique,

Antique Road show hopeful collection Y2050

BRAND NEW SWEATER BY NO! JEANS, PURCHASED AT MONTOMERY WARD FOR $69.99, FULLY LINED CARDIGAN, BRIGHT COLORS OF RED, PURPLE, WHITE, BLACK, GREEN, GOLD, & YELLOW, FRONT POCKETS, EXTRA BUTTON SIZE SAYS WILL FIT MOST SO CHECK MEASUREMENTS.ARM LENGTH: 21.5UNDERARM TO UNDERARM: 24.5LENGTH: 33"

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The Beginning The Beginning & &

EndEnd

Questions?Questions?

Lamb chop in $1.00 bag at Church sale Sells for $6.00 - $10.00

Coogi sweater 100% cotton like Bill Cosby wears from Australia from Food Bank store $1.00 a bag Sold for $85

Mambo shirt, vintage, sells for $55-$99Levi store $4.00

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