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Michael Wong

eBay Spawns New Feeder Business

eBay has spawned yet another new feeder business, this one called AuctionDrop, a San Carlos, Calif., company that lets anyone sell goods on the auction giant by simply dropping them off. The premise is that not everyone has the time or inclination to learn the requisite skills to be a successful eBay seller. The deal is that AuctionDrop does all the heavy lifting -- photos, descriptions, shipping -- in return for a nice commission -- 20 to 40 percent -- on the sale. Once an item is sold, the customer gets a check in the mail. Customers can bring in anything that is legal to sell on eBay and can be shipped by United Parcel Service (under 150 lbs. with some size restrictions). AuctionDrop will evaluate it, photograph it, write a description and list it on eBay. The only catch is that the item must have an estimated sales price of at least $50. [Full story: eBay Spawns New Feeder Business - InternetNews]

Posted under Online Auctions on March 06, 2003.

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