>>So, it's just a matter of
whether anybody believes that another site can generate a critical mass of buyers
and sellers. If it's not possible, then ebay is on it's way to becoming the most
powerful company in the world.<<
Stewart:
I have been saying for some time that I believe eBay has the potential to become the most successful company in the world, perhaps within ten years.
As a serious seller, I have been trying the other auctions sites: Yahoo, Amazon, Auction Universe, running the EXACT same dutch auction I run on eBay, for our software product, Spector 2.0. (In all cases, I spent $100 for a featured auction, except on Yahoo, where that is not possible.)
I have never received a bid on Yahoo (which is one big reason I consider it a big joke).
On Amazon, I have been averaging 3 or 4 bids.
On Auction Universe, 1 or 2 bids (it's pretty much a big joke too).
On eBay, I average between 12 and 18 bids, at $29.95 each.
As a SERIOUS seller, I want in the WORST way for these other sites to work as well as or better than eBay.
I am looking for maximum exposure and a good profit.
ONLY eBay is delivering that to me.
(I am now in my 4th auction with Amazon, and spending a total of about $125 on each auction, trying to make it work, but currently losing money.)
From day one on eBay, I have been able to make a profit AND gain lots of traffic to my site (which results in higher margin sales).
Do I hope that somebody else will perform as well (or better) for me than eBay? Absolutely.
Do I expect it to happen? Not really.
Do I keep trying? Yes, but my patience and pocketbook has its limits.
In my own personal experience, there is a very good reason why eBay dominates, and that is because eBay delivers.
And that, even more than the number of ongoing auctions, is why I believe eBay will continue to grow quickly and bury everyone else.
And why eBay has a VERY good shot at becoming the most successful company on Earth. |
