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<p>[QUOTE="verybrad, post: 11411423, member: 37"]I don't think ebay had too much impact in the early days. The adoption just wasn't all that great. I remember the occasional shop that had an ebay listings section where items were not available except on-line. That mostly annoyed the buyers who were in the store. </p><p><br /></p><p>I closed my stand-alone store in 1991 and was not using ebay at the time. I got into it not all that long afterward. I had just bought a computer, having been on Web-TV prior. I bought it used on ebay. Was able to make purchases with the Web-TV but posting items for sale was pretty difficult. I know I paid over $600 for my first digital camera, so the start-up cost for doing ebay properly was pretty high.</p><p><br /></p><p>Once ebay really got going, we began to see the price of common items plummet. I remember that Fisher Price toys and depression glass, to name a couple things in particular, really took a dive. On the other hand, ebay gave access to some pretty incredible items at reasonable prices. There wasn't much in the way of reliable price guides for many things. A lot of sellers were just throwing items up at auction and seeing where they would land. Timing was everything and some items really just didn't do as well as they might have. </p><p><br /></p><p>It was a good time for bargain hunting, but you also had to beware. Sellers were not very good at descriptions and photography was often bad. I think about 20% of my purchases had undisclosed flaws. Sometimes I was able to get an adjustment or make a return, but I often just took the loss. It usually meant that I just couldn't make as much off the item as I had anticipated. I was buying a lot.</p><p><br /></p><p>I was also selling a lot. At the height of my involvement with ebay, I was doing about $3500 a month. Quite often, I would buy something on ebay and turn around and resell it on ebay for profit. knowing what you have, writing good descriptions, taking good photos, and having a good seller rating was the key to success. This was in the mid 90s and lasted past the turn of the century.[/QUOTE]</p><p><br /></p>
[QUOTE="verybrad, post: 11411423, member: 37"]I don't think ebay had too much impact in the early days. The adoption just wasn't all that great. I remember the occasional shop that had an ebay listings section where items were not available except on-line. That mostly annoyed the buyers who were in the store. I closed my stand-alone store in 1991 and was not using ebay at the time. I got into it not all that long afterward. I had just bought a computer, having been on Web-TV prior. I bought it used on ebay. Was able to make purchases with the Web-TV but posting items for sale was pretty difficult. I know I paid over $600 for my first digital camera, so the start-up cost for doing ebay properly was pretty high. Once ebay really got going, we began to see the price of common items plummet. I remember that Fisher Price toys and depression glass, to name a couple things in particular, really took a dive. On the other hand, ebay gave access to some pretty incredible items at reasonable prices. There wasn't much in the way of reliable price guides for many things. A lot of sellers were just throwing items up at auction and seeing where they would land. Timing was everything and some items really just didn't do as well as they might have. It was a good time for bargain hunting, but you also had to beware. Sellers were not very good at descriptions and photography was often bad. I think about 20% of my purchases had undisclosed flaws. Sometimes I was able to get an adjustment or make a return, but I often just took the loss. It usually meant that I just couldn't make as much off the item as I had anticipated. I was buying a lot. I was also selling a lot. At the height of my involvement with ebay, I was doing about $3500 a month. Quite often, I would buy something on ebay and turn around and resell it on ebay for profit. knowing what you have, writing good descriptions, taking good photos, and having a good seller rating was the key to success. This was in the mid 90s and lasted past the turn of the century.[/QUOTE]
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