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Subject: To those of you with Ebay Stores...

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nycfarmkid
Underboss
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Wadsworth, OH

01/14/2006 5:57 PM  
I've recently been thinking about opening up an ebay store of my own in order to better sell off the figures I have. I am a little concerned about the fee system however. Most of my auction will probably be under 25 dollars, so 8% seems pretty steep. Couple that with paypal fees and you could be looking at between 10-15% in fees for an auction. How does that compare to a sandard listing of an auction or a flat price buy it now only auction?

What kind of success have you guys had with ebay stores? I've noticed a lot of my harbinger figures listed i nmy marketplace thread are listed in ebay stores for higher than what I have listed here. do you think it is worth me opening up one to sell these figures? thanks!

EDIT: Now that i think about it, an Ebay store might be a good way to sell the 1.5 semi-trailer loads of glass jars that my father said i could have if I could sell them...

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My Reference Thread | My Warbands | My Ebay Auctions | My Qualifier Warband
Champion of Spellswords
Master Peon
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01/15/2006 12:27 AM  
well I just started one myself to get rid of the large collection I aquired a few months ago. The time I was spending running the auctions and setting them up every week was taking a very large chunk of my time. With the free month for the store, I though I would give it a try.

Listing fees are much better, but the finial fees sure do add up fast. Auctions seem much easier on the amount of $$ they take from you. I have only had mine up for 1 week and I do not have all of mine listed yet.

I also have noticed that the ebay auto shipping is not always correct and has gotten several wrong, or I just could not figure out how to set it up right.

Good luck

First peon to make it to "Knight Warlord"
Completed Trades -148-

nycfarmkid
Underboss
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Wadsworth, OH

01/15/2006 8:55 AM  
Thanks for the reply. Have you sold many figures through your store yet? Or is it mainly auction only still?

Looking to buy some figures? Chances are I may have them!! Check here!!
My Reference Thread | My Warbands | My Ebay Auctions | My Qualifier Warband
Champion of Spellswords

Thousandsofminis
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01/15/2006 10:51 AM  
The E-bay auto shipping doesn't work very well in my opinion. I always try to send invoices and modify the shipping myself. With the store you can expect still to pay 10-12% in fees between e-bay and paypal combined, that is just life on E-bay either way you do it. So long as you have a good enough profit margine to cover the fees, and still make money you are fine. Don't forget to factor in the monthly cost of the store into that as well. I have had my store up for just a little over a year now, and business continues to pick up, both the market for minis, and return customers. Also keep in mind most stores list higher than auctions. The stores are convenience purchases, over waiting for an auction to end and bargain hunting. Good luck to you, as it still can be quite time consuming. Depends on how much time you have to dedicate to it. I ship about 20-30 orders a week, more than that during pre-orders for new sets. Last pre-order I had a little over 100 orders to fill when the stuff came in for Underdark. Just a heads up to you.

Adam
Thousandsofminis
Hubb's Wholesale


nycfarmkid
Underboss
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Wadsworth, OH

01/15/2006 11:18 AM  
Ok thanks for the info. I am not planning on getting into the miniatures business really heavily at this time. I mainly want to use the store to sell my father's leftover jars and this current collection that im selling off. My biggest concern is tha i wont do much business if I list my figures in a store format.

Looking to buy some figures? Chances are I may have them!! Check here!!
My Reference Thread | My Warbands | My Ebay Auctions | My Qualifier Warband
Champion of Spellswords
Master Peon
spikegif
Warlord
Warlord
5699 Posts


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01/15/2006 3:07 PM  
quote:
Originally posted by nycfarmkid

Thanks for the reply. Have you sold many figures through your store yet? Or is it mainly auction only still?

so far I am only listing them as buy nows. After I get listed, I will try some auctions.

First peon to make it to "Knight Warlord"
Completed Trades -148-

lur77
Sneak
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01/16/2006 9:59 AM  
If you're going to be selling on eBay and using Paypal for merchandise priced below $20, count on 15-25% of your sales going toward fees. I've sold several items on eBay, and it's very rarely a profitable venture. I sent their customer service an email once to try to address the issue. I got a canned response that didn't even answer my inquiry, which indicated how concerned they were with the issue.

Think of eBay like a stock broker: The brokerage firm makes money. The broker makes money. The investor? Well, two out of three ain't bad.

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