Wednesday, July 9, 2008

It's Time to Take Another Look at eBay

The Nortica 500 ranks eBay sellers according to feedback, so it's a pretty good measure of which sellers are successful.

I've been following top eBay sellers for about 5 years now for the books we've written. So on a lark, I checked the Nortica list from February 2006, which I reprinted in eBay PowerSeller Million Dollar Ideas. The surprising news? All of the top 10 sellers from then remain in the top 20 today. And all but one is ACTIVELY selling on eBay. Some have tens of thousands of listings.

So what happened to all the sellers who jumped ship to Amazon?

Well some did, but as it turns out many of eBay's most successful sellers, who've been on selling there for years, remain on eBay.

This isn't to say there are not a lot of disenchanted sellers out there. What with the changes in feedback rules, fees, searching, etc. But to dismiss eBay has a "has been Web 1.0 company that's irrelevant" would be wrong.

Let's all take another look at eBay!

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