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Is the economy leveling off? Our eBay business is starting to rise again.

Posted Friday, March 20, 2009, at 7:03 PM

During the past week, sales have increased 300-400%. Not great again but MUCH better. I am trying to figure it out.

Are tax refunds making a difference, more confidence in the economy, or something else.

One thing I did with our store is tweak the Search Engine Keywords. Somehow they had gotten way out of kilter. There so many duplicates in all categories that I wiped most of them out and started again.

I would not have done that intentionally, so you might want to go back in and check yours out as well. The eBay gremlin must have been wandering around in there lately.


Comments
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I am not sure if the economy is leveling off or not but I think I would contribute part of your increase to people hunting bargains. More people are shopping Flea Markets and Thrift Stores lately and I would consider ebay a bargain hunters paradise.

-- Posted by Dianatn on Fri, Mar 20, 2009, at 7:19 PM

We have heard that people are coming back for just the reason you mention, but they don't mind spending money either.

We had an item end just a few minutes ago that we listed for .99 and it sold for over $90. It sat at $20.50 for most of the week and that is where we expected to see it end. It is always such a nice surprise when one takes off like this.

Of course we have many more that sell for .99 or not at all, but.....

-- Posted by stevemills on Fri, Mar 20, 2009, at 8:42 PM

Although I had to pay Uncle Sam this year, I know of a lot of people that have received 3-6K back.

That money flows to different areas that I have seen improving.

Or maybe that stimulus plan is lightning quick!

-- Posted by espoontoon on Fri, Mar 20, 2009, at 8:44 PM

Paying extra is no fun. See you tomorrow?

-- Posted by stevemills on Fri, Mar 20, 2009, at 8:56 PM


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Steve Mills and his wife have one daughter and live on a farm outside of Bell Buckle. They previously owned two coffee/ice cream shops, currently operate an internet sales company and teach classes, but his primary job involves the paper industry worldwide. Hobbies and interests lie in gardening, photography, recorded music and of course, their pets.