posted on July 12, 2002 09:01:44 AM new
Niche auctions, are any of them worth bothering with, and if so which ones, and what have you found sells on them?
Outside of one niche auction, I have found 99% of the 3rd tier auctions, worthless, except to promote our web sites. We run auctions on 3rd tier auction sites, merely to promote our web sites – we seldom get sales, I don’t even care any more, just use them for advertising outlets.
We use one niche auction, because one of our side lines is edged weapons (which isn’t allowed on eBay or Yahoo) so we use GunBroker, and it is fantastic!
Beyond that I have tried our regular auction items, lamps, collectibles, clothing, crystal, (all new items) total bombs on all niche auctions. Am I missing something?
We do well on eBay and fairly well on Yahoo with our normal (non-restricted) items, but can’t give them away on any of the niche auction sites. Our prices are the same on eBay, Yahoo, niche, or our web sites, so price isn't a problem.
During last Christmas we were selling 2 items which we could hardly keep up with the demand on eBay, and couldn't give the same item away on any of the niche sites.
Apparently 99% of the niche sites just simply don't have any buyers, or those they do only buy in specialty categories.
posted on July 12, 2002 09:12:42 AM new
Some niche auctions are doing very well. The http://www.playerauction.com site is one example. They sell items relating to the online role playing game services. The boast of these stats on their homepage ..
14,289 items in 497 categories.
Over 60,000 Members!
Over 1.5 Million hits a day!
posted on July 14, 2002 07:30:41 PM new
I deal a lot with our sellers and I can tell you off the top of my head I know of two sellers who bring in more than $100k a month on EQ sales and I would say we easily have over sixty members who clear $10k a month in sales.
Player Auctions as a company is doing quite well now, we actually just applied for some program run out of Texas that rates the top business's in the country, supposedly we are in the top 10 fastest growing businesses in the US (non corporate).
