/biz/ - Business & Finance

eBay is like the greasy management office of a flea market in Dallas, TX where you pay for a metric shit ton of foot traffic but hardly anyone pays attention to your booth because nobody can be bothered to give a fuck.

Let me learn you youngn's some sales knowledge.

1) Stick to what works. There was a man who sold honey at the market and he did so well that he decided to branch out into jam. He put his jam on the table and to his disbelief his sales plummeted. The following week he removed the jam and his sales returned to normal. Lesson learned: people are easily confused; don't put too much on their plate.

2) A quick fifty cents is better than a slow dollar. You have invested $50 in plastic yo-yo's at 20 cents a piece. That gives you 250 yo-yo's. You price your yo-yo's at $1.00. However, you only sell 10 yo-yo's in the fist three hours, leaving you with only ten dollars revenue. You adjust your price to $.50 and sell the rest of your yo-yo's by the end of the day, giving you $130 in revenue counting the ten you sold before the adjustment. This leaves you with $80 in profit before expenses.

HOWEVER, the greasy flea market management (eBay) takes 10% off the top leaving you with only $67 profit, AND the gas to get to the market (PayPal) cost 3% of your daily sales leaving you with $63 in profit for the days work.

Now, assuming that you are bold enough to adventure into the land of sales again you will have to invest $50 more into your wares to have enough merchandise to sell the next day, leaving you with $13 profit after everything is said and done. However, you realize that if you buy more merchandize you can sell more yo-yo's and make more profit tomorrow so you invest all $63 into yo-yo's and now instead of 250 you are able to afford 315 yo-yo's giving you a potential revenue of $158.

This is how eBay keeps it's army of automaton sellers regurgitating the same bullshit wares day after day.

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