Entrepreneurs are being warned by AuctionStoreBusiness.com president, Taylor Dawne, to stay away from eBay consignment store franchises.
July 09, 2005 (PRLEAP.COM) Technology News
Mr. Dawne, author of "How To Open & Run An eBay Consignment Business," sees a growing trend among eBay consignment store franchises. Ebay drop-off stores are appearing around the country at a torrid pace. However, many operators are discovering that many of the promises made by eBay consignment store franchises are often over hyped."Nearly all of the eBay consignment store franchises in operation today will ultimately fail. They have poor business plans and their profit/expense ratios are extremely poor," said Mr. Dawne. "Seasoned eBay sellers know that eBay drop-off stores are no easy business to go into. To spend thousands of more dollars on an unknown eBay franchise is wasteful and will ultimately hurt eBay consignors in the long run."
Mr. Dawne believes that in the long run local eBay consignors will ultimately compose the market place - if that. Generation X doesn't need an eBay consignment store on their corner to sell their goods. They can easily take a picture themselves and post it on eBay."
Furthermore, Mr. Dawne is a firm believer that advertising will dominate the net, not subscription fees. "Yahoo Auctions just recently made a surprising move to free listing and no closing costs. Yahoo has decided to capitalize on their cost per click advertisements that run alongside their listings. Furthermore, CraigsList is completely free and receiving over 2 Billion impressions per month. It makes you wonder whether eBay will continue to hold its dominance in the future. The cliché is - the buyers go to eBay because that’s where all the sellers are. In the future eBay may start to see its seller base disappear. An thus, will eBay consignment franchises be able to survive?"
In the mean time, Mr. Dawne recommends interested parties visit his website:
http://www.AuctionStoreBusiness.com
to learn more about the eBay consignment business and the profitable opportunities it presents. To waste tens of thousands of dollars on an eBay consignment business is a gross misappropriation of funds. For just $19.99 you can learn about everything you need to know with regards to the eBay consignment business.
About AuctionStoreBusiness.com & President Taylor Dawne:
Taylor Dawne has been selling on eBay for the past 6 years and is author of the "How to Open & Run an eBay Consignment Business." Mr. Dawne has consulted with numerous eBay consignment business owners throughout their planning and operational stages. Mr. Dawne is an eBay PowerSeller and has owned and operated his own eBay consignment store.