When it comes to selling your items at auctions, Im frequently asked what some good alternatives to eBay are. Usually, the person asking wants an alternative to eBay because they think the fees are too high or there is too much competition eBay.
I too have dabbled in eBay alternatives. The overwhelming problem for the vast majority of these sites is that the traffic to these sites is simply too low or nonexistent to bring in good prices.
According to http://Alexa.com, eBay is the worlds 12th most popular site. That means there are millions of people a day who go to eBay to shop. So just going to a site where the fees are lower doesnt necessarily make sense if theyre attracting less traffic since the prices youll get tend to be lower as well.
Thats not to say there arent any viable options to eBay. The key to doing well with eBay alternatives is to find a niche auction site.
You want to find a site that specializes in the items youre selling. For example, in the past Ive sold coins on specialty auction sites and got better prices than I would have on eBay. However, the fee was actually higher than it would have been had I used eBay.
There are...
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