Craigslist and eBay - Twin Pillars of My Economy
- Unless you're a moron who's addicted to 'reserve pricing', items on eBay will always sell.
- Items on eBay almost always sell for more than you think they will.
- You can get more money for your stuff on Craigslist than on eBay, but...
- ...your stuff will only sell about half of the time.
The eBay Insanity Factor
When they (whoever they are) invented eBay, they tapped into something primal in the human psyche--the desire to compete, auction-style, for treasures. I've watched an item of mine double in price in the last 10 minutes of a auction. I've watched items go for 2 to 3 times what I thought was a low, but decent, price. I can't explain it, but I'll tell you one thing: I don't ever buy on eBay. I only sell cause I don't want to get caught up in what drives these eBay nutballs.
The Craigslist Flake Factor
Craigslist is, to put it mildly, a wacky place. An item at a fair price often finds a buyer, frequently for more than you would get on eBay. But you'll also get: A dozen emails offering to send you a 'same-as-cash' money order if you'll just ship the item to Africa; calls from people who insist on seeing item before buying it and then don't show; calls from people who promise...PROMISE that they'll bring cash and then show up with their checkbook; people who want you to deliver the item; people who offer 1/4 the price...IN CASH--OOOOH! (As if you'd accept anything but cash.) I've even had one woman offer me half the price of a workstation I was selling in cash and sex to cover the remainder.
So...could I live without eBay and Craigslist? Sure, but I wouldn't want to cause, God help me, I love getting rid of stuff and am just glad that my junk's not going into a landfill.
I know you've seen my post, but its been updated.
Sorry to blog whore, but I thought you might be interested in this.
See my latest post on my site about the death of Barney. At least one more update, maybe two for the full story so you will need to check back a few times to read it all.
Also anyone else who's interested is welcome.
I bought my 3 year old a complete dora the explorer house with all the characters and furniture on ebay. No boxes, plastic ties or other crap going into the landfill, a fraction of the cost new, and my daughter never knew the difference. We also buy used clothing at consignment stores quite a bit. I love cutting out the corporate whores.
i have heard good things about craigslist. I could be mixing up stories but I thought i heard the owner of the site refused a buy-out. confused the hell out of wall street
AnonP... I'll be right over.
Pam... I'm so glad that you had good buying experience on eBay. I just can't do it. To much frustration in the bidding process for me, not to mention the fear of overpaying.
Graeme, I think eBay owns a minority share in Craigslist, purchased from a former employee. The formal agreement allows them to share technology, but eBay has no say in how Craigslist operates.
I usuually use Criagslist for free things - I got a piano that way, believe it or not. Nice fit in our flat.
Ebay is better for selling.
I do know a lady that makes a very respectable income, buying and selling (and reselling) on Ebay. That has to take some talent. Buying somebody else's junk on Ebay, then reselling it for a profit?:) I've used it a few times, mostly from "buy now" sellers, as their prices were often lower than even what I could find on the web.
Old Broad, I know what you're talking. That's why I have to stay out of the buying side of eBay. Too much risk of getting attached to something.
WS...a piano?! I've given away stuff on Craigslist, but nothing like that.
TFWY... I can believe that there's treatment for 'eBayitis'. I can get you in a lot of trouble.