COMC will open its eBay consignment service next month, with its first batch of auctions set to launch at the end of the year. Earlier this month, the company announced it was planning to supplement its online consignment store with an auction option. The new platform will allow users to shuttle their current COMC inventory to eBay auctions or submit new items to … [Read more...]
eBay Acquires Terapeak; Will Offer Sellers More Data, Tools
eBay has signed an agreement to acquire Terapeak, a Toronto-based company that uses supply, demand and pricing data to help sellers make decisions on what to sell, when to sell it and at what price. Upon the close of the transaction, eBay will begin integrating certain functionality from Terapeak into its Seller Hub. Financial terms of the deal were not disclosed. The two … [Read more...]
eBay Adjusts Pricing for Sellers
eBay has announced changes in its fee structures that will impact sellers who utilize the company’s auction format. In essence, the company is hoping sellers will get in line with the company’s belief that auctions are best left to items where a specific fixed price might be hard to determine and that shorter auctions aren’t a good idea. It’s fairly clear they’re also hoping … [Read more...]
Beckett Accelerator Aimed at Helping Sellers Move Singles Easier
Beckett Business Solutions, headed by Burbank Sports Cards owner Rob Veres, has revealed a little more about a new piece of software aimed at enabling sellers to cross-post their entire inventory of singles to eBay and the Beckett Marketplace. Rich Klein wrote about the project late last year. It’s been in development for a long time and eBay is heavily involved in the … [Read more...]
Selling on eBay? The IRS May Be Watching
The Internal Revenue Service believes there's a huge gap between the amount of taxes it collects and what it should be taking in. They're now taking steps to change that. One area of strong interest is the huge number of people who are now picking up extra income by selling on eBay. For most, it's just the means to support a hobby. Others, though, have learned how to make … [Read more...]