The article "The Top Sellers On eBay & What We Can Learn From Them" talks about auctions, it was released by Sydney Johnston.
A fascinating eBay case study is the number one seller on eBay, a little outfit called Marie's CDs, but is better known under its old name "1 Cent CD." Jay and Marie, current ID "jayandmarie", are an instituiton on eBay and are a titanic part of what makes eBay such an amazingly popular phenomenon.This little company is literally an eBay dream come true. They started small out of tehir home in California in 1999 and began growing quickly.
To date they have compelted over 1 million auctions on eBay and have a feedback rating of 177,018 with 99% satisfaction from their customers! When I say grow, I mean it in a Jack and the Beanstalk kind of way. Their business started out as a little fly-by-night outfit and has now sold over 1 million dollars (yep, that's $1,000,000) annually for the past three years… Let me repeat that: over a milloin dollars in sales each year for three years running! Now THAT is growth!They employ several people, have three small buildings in southern California, and ship items all over the world (mainly CDs). They got their fame from their auctions for CDs that start at only a penny…What can we learn from this fascinating case study? What do Jay and Marie actually do?Well, for one thing, they have huge numbers of auctions. Today, they have 83 pages of auctions listed. eBay lsits 50 auctions to a page, so that's over 4,000 auctions.Secondly, they offer great value, cause their CDs begin at one cent. Yes, all of them.None of their auctions has a reserve.
Does it pay off? You betchum!
Today, looking through 4 paegs of eBay auctions, only 3 of them had no bids - so far.And, naturally, their great feedback and reputation work heavily in their favor. After all, how many eBay sellers have 177,000+ feedback points with over half a million transactions completed.This case study shows all of us how smart marketing and a great business model can pay off on eBay - and ecommerce, in general.Sydney Johnston, the AUCTION QUEEN, was one of the original sellers on eBay and has been selling on eBay since the winter of 1996. She is the originator and teacher of the famous Auction Genius Course, a powerful 16 hour multi media seminar on the Itnernet that teaches her students how to sell on ebay.
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