Good Advice for eBay Drop-offs or Consignments

EBay has moved offline. Several companies, like Snappy Auctions and I Sold It On EBay, offer sellers franchises for brick-and-mortar eBay stores. These drop-off spots take customer items, evaluate, photograph, and list them online, collect the payments, and ship the items to their buyers. In other words, they do all the work–for a percentage of the selling price, of course.

Beginner Strategies.

If you’ve contemplated jumping on the bandwagon and opening a physical drop-off location, fellow store-owner and eBay University instructor, Christopher Spencer has some advice for you:

* Location is key. Get a good broker to help you identify convenient retail sites. It’s important to be in a high traffic area, such as a strip mall or a facility near good anchor stores, anyplace frequented by upscale individuals. To get high-quality merchandise, you need a higher level of clientele.

* Take store layout into account. As your business develops, you’ll need exponentially more storage space. Advises Spenser, “Consider whether a building will fit your needs for future expansion, so you can avoid growing pains.”

* Be careful what you accept. Don’t waste your time with items that won’t be worth the research and energy you’ll invest in them. Patrons sometimes bring in boxes of junk, or items with very little value. Be realistic with your clients, and counsel them what will and won’t bring in money. That way they know what to expect, and they aren’t disappointed by their final prices.

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