Monday, December 22, 2008

Intro to our eBay biz

Hi. this is my first blog! I will be blogging here on a regular basis with updates on what we are doing with our eBay business.




It is Christmas time so things are going a bit slow at the moment. I just recently opened an eBay store after several years of on and off eBaying.




Three months ago I would of told you I was an eBay expert, I have learned so, so much more in those three months and realise, now, that I have much more to learn.




I am a bit of a bike and car nut and if you know anybody else with this affliction you would know that they end up hording lots of spare parts. I have found eBay a very profitable way to get rid of these bits n pieces, often I have listed something just because I could not bear to throw it out because I just knew there would be somebody desperately searching for this part. So I list widget A for $1.99, just enough to cover listing fees etc and then find out there are two or three people desperate for said widget....... Bidding war ensues and I am sometimes a hundred or so dollars richer, have made someone very happy and I have saved some of our valuable resources from the scrap heap!




The other item that makes up a majority of my eBay business is magazine back issues. As you probably guess.... yes car and bike magazines. I started selling off my stacks of car magazines to, again, clear clutter. I was happy to find that although a majority don't sell in the first listing, a small percentage go for very good prices. Which makes the whole exercise worthwhile. Once I ran out of my own magazines I ended up buying a couple of collections, about 5000 in one of various magazines such as Wheels, Motor, Auto Action, Two Wheels and Revs, dating back to the early 1970s. The second collection I bought, about 10000 was mainly Autosport (UK magazine) dating back to pre WWII and Auto action...... Unfortunately I left most of these in Sydney when I moved to Queensland but I will be getting them shipped up in the new year. Then there will be a SERIOUS amount of listing going on!




Some of these magazines sell for $30+, I feel that not only that it is good to get paid for my work cataloging and listing these magazines. It is also good that they are going all around the world to people who care about them, a lot of these are historically significant.... I mean, I can read reports written on the day, anything about Fangios whole career. I have the whole career Jack Brabham chronicled in these publications, plus Gilles Villeneuve and anyone else you like to think of. What to read magazine articles on the Ford GT40s at Le Mans...... I have it all.




This is not all of my eBay business, check out my next blog for more.




Happy Holidays


Michael and Roxane








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