The Demand-Side Economics of eBay

Amazon and UPS trying to make me nervousI sold three items on eBay this week: a camera lens, a cell phone, and a suitcase, all starting at 99 cents. Guess which one had the highest final bid?

The lens got some initial bids, but the last-day bid up finished short of what I had hoped. The cell phone got nothing until the end - I didn’t think it would even sell, based on some other unsold listings - and ultimately fetched a tidy price. The suitcase really surprised me, though, selling for 80% of what I paid for it, despite its use, bulk, and more expensive shipping.

I’ve sold occasional outdated or unneeded things on eBay over the years, and it’s always surprising what price the market sets for them. It’s a good reason to clean out your closets and basements and “find” some money in the process. Another good reason: eBay has simplified their listing form and PayPal makes it quick to get paid and print USPS and UPS shipping labels.

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