Here is my analysis of eBay listings of Beanie Babies (bubble bust.)
http://www.97330.com/AboutMe.html
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-----Original Message-----
From: spridgets-bounces@autox.team.net
[mailto:spridgets-bounces@autox.team.net] On Behalf Of Tim Collins
Sent: Tuesday, June 23, 2009 7:02 AM
To: spridgets@autox.team.net
Subject: [Spridgets] Ebay - Analysis of Sales
No LBC content unless you buy and sell LBC stuff on Ebay.
Ebay seems to have a "love / hate" image with Spridget listers so
here's some info to think about.
I just came across an analysis of Ebay selling by Don Lancaster, an
engineer, who concludes:
Around 75 percent of eBay sales lose money.
Less than 5 percent of eBay sales exceed $100.
Price and sellthru are only weakly related;
With an 0.4 sellthru being typical.
A buyer is nearly THIRTY TIMES more likely
to make a $20 purchase than a $100 one.
The eBay market for big ticket items is much
lower than most people suspect.
The "best" eBay selling price is $24.95. And
quite possibly the most profitable.
You can read his interesting analysis leading to these conclusions in
a pdf file at: http://www.tinaja.com/glib/ebaystat.pdf.
Warning: His paper is kinda "mathy" but if you stick with it and just
read around some of the equations, you might learn something about
how to adjust your Ebay strategies - from a mathematical perspective.
I believe he has several other papers on Ebay strategies that are
probably good reading too.
If Ebay and math aren't of interest, you might find his biography
interesting: http://www.tinaja.com/glib/waywere.pdf
If you ever picked up an electronics, radio, or computer magazine you
have probably already read his writings. Maybe you even built one of
his electronics/computer kits!
Tim Collins
http://www.flickr.com/photos/12702006@N07/
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