The Top Sellers On eBay & What We Can Learn From Them

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 institution on eBay and are a big 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 their home in California in 1999 and began growing quickly. To date they have completed 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 million 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 lists 50 auctions to a page, so that is over 4,000 auctions.

Secondly, they offer great value, because 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 pages 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 Internet that teaches her students how to sell on ebay.

Aviation Week
Continental Airlines Applauds FAA Order to Stop Newark Slot Auction
MarketWatch - 4 hours ago
The FAA Chief Counsel said he acted under the authority from the FAA Acting Administrator and found Continental and other airline protesters of the auction ...
FAA delays first slot auction for Newark Forbes
FAA Suspends Auction of Flight Slot at Newark Airport (Update2) Bloomberg
Airport Landings Auction Halted NY1
New York Times - Business Travel Newsall 161 news articles

HispanicBusiness.com
FACTBOX-Fed's liquidity tools
Forbes, NY - 9 hours ago
The $50 billion option draws will be in addition to the $200 billion that may be offered under regular TSLF auctions. Under the TSLF, the Federal Reserve ...
Fed actions to boost liquidity guardian.co.uk
Federal Reserve auctions $75B in loans to aid banks Youngstown Vindicator
Fed auctions another $75B to ease credit stresses Forbes
guardian.co.ukall 33 news articles

Ocean Tomo to Sell Highly-Cited Social Networking Patent at Live ...
MarketWatch - 12 hours ago
Ocean Tomo Auctions has received global recognition as the leader in the live auctioning of intellectual property assets for some of the world's largest and ...

Attorney Senterfitt dies South Florida Business Journal
Bizjournals.com, NC - Aug 27, 2008
Donald T. Senterfitt, one of the original forces behind the law firm of Akerman Senterfitt and the current chairman of Colonial Bank in Florida, ...
Donald Senterfitt left indelible mark in law, banking Orlando Sentinel
all 15 news articles

Akerman Facilitates Passing of Innovative Foreclosure Online ...
MarketWatch - Aug 27, 2008
Historically, foreclosure auctions took place on the steps of county courts; but a recent bill, driven by Akerman Senterfitt's Policy Practice Group, ...

Katy Perry Auctions Off Her Breasts For Charity
Ecorazzi, NY - 6 hours ago
Anyways, she’s famous enough that she’s decided to auction off her breasts for charity. Now, you won’t actually have dominion over her breasts should you ...

Willow auctions former city hall, other property
Howell County News, MO - 12 hours ago
The city of Willow Springs raised more than $100000 at a real estate auction Monday morning. The funds raised will be used to retire part of the debt the ...

Online auctions nets Grayslake over $2800
Grayslake Review, IL - 18 hours ago
By MARCIA SAGENDORPH msagendorph@pioneerlocal.com Old office furniture, gun holders and a jail cell door were all items auctioned off from the former ...

With glut of homes on the market, auctions gain in popularity
Arizona Republic, AZ - Aug 26, 2008
Purveyors of Internet-driven real-estate auctions say their customers operate in a parallel universe where the quick and the dedicated are rewarded with ...

Reuters
rate buybacks add to bank writedown worries
guardian.co.uk, UK - Aug 27, 2008
They were typically long-term notes or preferred shares whose yields reset periodically through auctions. As those auctions started failing, the securities ...
Royal Bank in Talks With Cuomo Over Auction-Rate Securities Bloomberg
Report: BofA to buy back $43M in auction-rate securities Bizjournals.com
B of A Agrees to Securities Buybacks Wall Street Journal
all 93 news articles

Wind Chimes and more...

Windchimes for great gifts!

Dropship Your Way To Ebusiness Success