Hi everyone, today I will be giving you some useful information to steer away from ebay and their high prices. I have not fully jumped the ebay bandwagon yet, but it’s about that time. I will probably always sell on ebay. Recently, I have been selling on other auction websites for experimental purposes. Because of ebay’s recent strict rule changes and price hikes, some really good auction marketplaces have popped up all over.
I tested all the auctions marketplaces I will tell you about in my top 15 list. They are some really good auction websites that actually have traffic and a really good sales to listing ratio. A few of them bring in more traffic than ebay in certain times of the year. Amazon and overstock have reported record numbers in November and December 2007. Amazon reported more sales in the Christmas season of 2007 than ebay reported. That means people are starting to drift away from ebay more than ever.
Late last year I made a post relating to the auction marketplaces that were hot around that time. You can find that post here. I have to say, “even though those auction places are great”; the list I have for you in my next two posts, are WAY better in quality. In the past 8 months I have been experimenting with over 40 online auction marketplaces. I know, I will have a lot of happy readers after my 2 part post on top 15 auction marketplaces of 2007-08.
The auction places I tell you about in my list, are the very best out there right now. Although, none of them get the consitent traffic that ebay receives; they have a fantastic turn around ratio. And, all of their auction fees are either, free or VERY cheap! Many, actually have a huge chance of surpassing ebay’s warpath on the online auction world. Okay, here is the list that will change the way you do business online from now on.
Here is my list of the top 15 auction marketplaces of 2007-2008. Listed from best to worst. I will be ranking them on a five star scale. Five stars being the best and 1 star being the worst. Don’t worry the worst is still a great place to make money. I don’t want to bore you with a huge post. So this will be a two part series in a 2 day blog post.
1. Ebay (*****) - Ebay.com still belongs in top dog position. Although, I don’t make as much as I used to on ebay; I still make more on ebay than any other one auction marketplace. So Ebay definitely deserves slot number 1 on my list. Keep in mind, if I combine all the other auction marketplaces I use, except ebay, I make double of what I make on ebay. So I could survive if ebay were to leave my life today. The fact is, it doesn’t look too bright for ebay’s future in the online auction marketplace world. Especially, with all the new rule and fee changes. So many sellers like me are leaving if they haven’t left already. Also, all the new auction marketplaces are making an effort to rid ebay forever. Don’t underestimate ebay though. They still hold the crown in my book for top auction marketplace.
2. Overstock (*****) - Well, I give auctions.overstock.com 5 stars like ebay. I gave them 5 stars and number 2 slot because they are a goldmine. There isn’t much competition selling and there are millions of users buying. In a short amount of time, overstock has been making me some really good money. Not as much as ebay. But I am sure, if I put as many items on overstock as ebay; my sales may be more than ebay. Overstock has really impressed me. I have only been using them for about 3 months and the turn around ratio reminds me of the old ebay. I recommend overstock.com as your primary ebay alternative. The fees are very at overstock are very minimal compared to ebay.
3. webidz (*****) - Webidz.com beat out Amazon on my list because they bring in more sales for less money. Webidz is my little hidden treasure. This place also reminds me of the old ebay. And guess what? Webidz is free to list items! That’s another reason it beat out Amazon in my top 15 list. The traffic you get on webidz is great. There isn’t much competition as a seller. And there are more buyers than sellers, so you make good money. I recommend using webidz as your FREE ebay alternative.
4. Amazon (*****) - Amazon really deserves the top 5 in my list of best auction places. In my honest opinion; I think Amazon will eventually take ebay’s place or they will become a lot bigger than ebay someday. Amazon has been ebay’s close competition this past year. In the Christmas season of 2007, Amazon beat out ebay’s reported sales volume. In fact, Amazon destroyed ebay’s sales numbers almost 2-1 during the winter season of 2007! That goes to show how much potential Amazon has to take over the auction marketplace. The money you make there isn’t too shabby either. Give them a try if you are thinking about an ebay alternative.
5. Onlineauction (****) - Onlineauction.com is another great ebay alternative. They get tons of traffic and a majority of the items you list, sell. They even have a deal right now. If you sign up, you will be considered a founding member and you receive a free e-commerce website through them. Hey, it’s free and it’s a great deal. Don’t pass it up. Expand away from ebay. Give onlineauction a try. They have a very small monthly fee and you can list unlimited auctions! Onlineauctions rightfully deserves the top 5 in my top auction marketplaces list. You can make great money there!
6. Ebid (****) - Ebid.net is a HUGE auction marketplace. They are set up just like ebay. They have a different website for almost every country around the world. Just click onto your country and sign up. For instance; ebid’s USA website is us.ebid.net which brings you to only people in the USA. One of the best reasons I put ebid.net in the top 10 right under Amazon; They are free. If you open a store, all your listings will be free also. Plus you get a free T-shirt, lol. It might sound cheesy, but the sales you make on ebid are well worth using a free auction marketplace.
7. ioffer (****) - ioffer.com is another good ebay alternative. You can even transfer your ebay feedback onto your ioffer account. You don’t pay any listing fees. You only pay a small final value fee when your item sells. ioffer gives you a free ecommerce website storefront. ioffer makes it onto the top 15 of my list because the fees are very minimal in comparison with the money you make there. Even though ioffer gets really good traffic, they don’t get as much traffic compared to the first 6 in my list. But there are a lot more buyers than sellers on ioffer. And, as you know, with little selling competition and more buyers, you will sell more items. There is a reason they are in my top 15 list, with 4 out of 5 stars, check them out.
Tomorrow I will continue my list of great ebay alternatives. If you have any questions, feel free to ask me. Thanks for reading my blog everyone!
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