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eBay Obsessions | Why do we love it so? August 25, 2009

Posted by Lauren Cooke in Fashion, Life, Chatter & Politics, Semi-Daily eBay.
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It is no secret that I am an eBay aficionado. I was introduced to the site when I was just a wee nipper of about 12, when I learnt how to work it (and HTML as it had to be back then!) so that my dad could host his eBay show on there. It has moved on a ways since, but I still know it like the back of my hand and have experience both with the selling and the buying aspect of it.

eBay sign

(Image from here)

With all its flaws, you would think that eBay may have fallen out of favour. After all, it is a favourite with many con artists (though if you use feedback wisely it shouldn’t be), it is jam packed this faux replica items, and paypal has a habit of sometimes returning payments after posting items that can do serious damage to a business. However, eBay is still getting more and more popular, especially in recession laden times!

So why does eBay do so well? Here I explore some of the reasons why we really love this auction and buy it now site as much as we do.

too-many-options

(Image from here)

1. Firstly is a rather boring reason. Choice. Never before have had people had such easy access to god from around the world – shoes, cars, clothes, furniture – you name it, you can find it on eBay. All those very specific and unsual items that people were craven were suddenly available on one site, and people went mad. Like a more accessible car boot sale, the lovely eBay site featured cheap items, unexpected treasures, and plenty of unwanted foot-baths.

2. Lack of competition. So there are a few eBay competitors out there. There are even a few swap sites, many of which are really useful. There is even Etsy, which should be a big competitor… but kind of isn’t. eBay has a completely unintentional monopoly on the auction market through amazing searchability (you can narrow your search with so many categories at a time!) and a simply insurmountable amount of items for sale. Its closest competitor is Etsy, who has barely any searchability and restricts its global market by lack of correct currency etc.

roulette

(Image from here)

3. Gambling. What, I hear you say? Gambling? Is there some strange online eBay casino you have never heard of? I see your authentic coffee maker, and raise you one unworn Fendi heel? Nope, I don’t mean gambling in that form. What I am referring to is the inherent temptation of an auction. The exhilaration of bidding up until the last second on an item you adore. The risk of bidding a low prince on something you aren’t sully convinced about. It is amazing! As a true eBay addict I can honestly tell you that this customer experience is unbeatable and very very tempting.

4. Finally, bargains. Auctions always makes for bargains, but eBay is even more special. Current season items come up for rock bottom discount prices, bad photography means a valuable item can sell for pennies, and vintage is more affordable then ever before because there is so much available. Above all other reasons, the human propensity towards a damn good deal is never more apparent or influencing that when affecting our love of this beautiful on-line auction room.

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Comments»

1. Amari Puckett - August 25, 2009

exquisite!!

2. Diana - August 26, 2009

Lately, I’ve become addicted to buying shoes on Ebay. You can almost always get really great deals if you’re patient enough.

3. Lauren Cooke - August 26, 2009

You really can, you just have to be good at waiting!


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