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Website design By BotEap.comThe basic idea of eBay is simple: it’s about connecting buyers and sellers within the exciting framework of an auction environment.
Website design By BotEap.comOriginally, it was a forum for people to trade or buy and sell items of relatively modest value. Over time, it grew and expanded to become a major online auction site for just about anything you can think of, including antiques and sometimes high value ones.
Website design By BotEap.comFor many years, it served its purpose as an antiques market well.
Website design By BotEap.comMost professional buyers and sellers were happy because it was always possible for the former to get a real bargain while from the seller’s point of view, statistically, the overall trends/returns were good.
Website design By BotEap.comMany auctions were based on a true open bid with low starting values, and many buyers bid early to try to “reserve” the price range up to the maximum they wanted to pay.
Website design By BotEap.comSo buyers got really good occasional deals and sellers got reasonable sales overall, albeit with occasional and often unexplained losses on an individual item.
Website design By BotEap.comEarly bidding gave sellers some confidence/assurance and open bidding did the same for buyers. Generally speaking, everyone was happy.
Website design By BotEap.comWhat is happening today?
Website design By BotEap.comIt is possible to make a convincing case that the former situation was very much the “happy days” of eBay as a forum for buying and selling quality antiques online.
Website design By BotEap.comIf you buy serious antiques on eBay today, you will most likely find:
- The vast majority of items are listed as ‘Buy It Now’ or ‘Buy It Now with the best deals’;
- Quality items still offered for open bidding are advertised with typically high “open bid” levels.
- Many professional sellers have left, saying that it is now nearly impossible to sell anything on eBay and that they are taking their items elsewhere.