Originally Posted by
playgamez
One major problem I have on Ebay is the high competition and the high fees. As there are few sellers on Ebid I have been able to put in a unique product (see my GBA Movie Player) and it is at a good price. On Ebay there are about 15 people who sell this product and the prices are so low that almost no profit is made. I have kept my prices the same so I should make a decent profit due to the low fees of Ebid.
However Ebid NEEDS some price competition. Everything is sooo expensive to buy. Take USB pen drives - £20+ for a 512MB pen drive - mines half that. Ebid sellers need to lower their prices to attract more buyers.
I'm going to try Ebid out for a few months (see if I sell anything) I hope to sell more on here but I'll see. I'm also looking for more auction sites like this to expand onto. At the moment I have only added 2 products - I will have more in a few days time
I'm going to keep listing on Ebay but only because things sell quickly and its easy to use. I'm still slightly nervous about the selling potential about Ebid but I'm hoping for the best.