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December 31, 2004

What To Sell On eBay: “Want It Now”

eBay has introduced an interesting new service called Want It Now.

There are two sections of this service. First, buyers tell sellers what they want to buy. There is a list of all categories and buyers simply post what they are looking for.

Then, sellers can respond to the requests of buyers and direct them to auctions of their own that offer the sought-after products.

How active is this board? This morning, there were 9360 listings in Books, 5100 in Sporting Goods and 15425 in Clothing, Shoes & Accessories. It is logical to assume that the numbers will grow as more people learn about this service.

As for how useful it is ... I would guess that it will be more useful for research than actual sales. After all, out of 9360 book requests, how likely is it that I would have a particular volume? And how much time will it take me to go through all those listings to sell a book and make a few dollars in profit? Is that really a wise use of my time? I doubt it.

However, there might be trends to be spotted. For instance, let's assume there are large numbers of requests for Sci Fi books. That might encourage more sellers to specialize in this category.

My guess: probably not especially useful. But I could be wrong, and let's give eBay credit for trying.

http://pages.ebay.com/wantitnow/about.html

Posted by SydneyJohnston at December 31, 2004 11:24 AM

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