Daryle Lambert: EBay Alternatives for Antique & Collectible Dealers

Roseville Falline Vase in Excellent Condition is Available at SeeAuctions.com


Markets always correct themselves. I’ve been writing about this subject on my blogs and in articles months before others were even thinking eBay might be in trouble.* And, it’s not only eBay who will be in trouble. Auction Houses, including online auctions, have surpassed what the market is willing to pay for their services, and a change has been emerging in response. People have had enough of being squeezed for fees and more fees. We see the affect greed has had as new auction alternatives continue to pop up everywhere, and new and exciting opportunities are unveiled. Today, there are some great alternatives to eBay, as well as the traditional auction houses.

Two visionary men have come with an idea that I think will change the way Antique and Collectible dealers do business today. While I’ve written previously about OnlineAuction.com for a while now on earlier posts, Seeauctions.com, the new kid on the block, has really knocked it out of the park completely.

I’ve spoken extensively with Seeauctions and boy – how I wish I had the foresight this owner has. People who are trying their best to make a living in the Antique & Collectible industry will find that Seeauctions.com is helping this industry in an unbelievable way. You see, for the next two years, dealers who use seesauctions will have the opportunity to sell their valuable items totally free of charge.

He has the same vision that I have, and that is to help people to make money now, and accept the pay off for the effort later. When I created my marketplace at 31corp.com, that’s what I had in mind.

When nothing else seemed to be working for me, I decided to try out seesauctions.com and listed some of my own marketplace items on it – almost $200,000 worth of items. To my delight, I’m beginning to get bids on items I hadn’t been able to previously drum up interest on.

To our 31 Club Members I’d say – open an account with Seeauctions, and dual list them on both our site and seesauctions. If you’re item sells at either site, make sure you de-list your item on the site where it didn’t sell. You might be surprised that I say this but know that my recommendation is just another way I show you that I have our members’ interests at the center of all we do. When I published my book, 31 Steps to Your Millions in Antiques & Collectibles, my motivation was to help others learn how to make money in this business and learn to effectively grow the profits. It’s my personal desire to see everyone who joins our unique antique business club succeed.

To Seeauctions, I say a heartfelt thank you. You will never fully realize how much you’re appreciated by those of us looking for a good alternative.

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Daryle Lambert: eBay Changes Will Bring on New Opportunities in Online Auctions

Before eBay, I had the idea for an online auction. But with no technical experience or people that were knowledgeable, this thought soon vanished from my head. This may sound like an Al Gore story, but it isn't. Why couldn't this work, I kept asking myself?

Then, along came eBay, and it answered most of the questions I had about the possibility of doing sales on the net. Even though they struggled through their first few years, they were able to capture the largest part of the Internet market. Their fees were rather reasonable at first, and the risk of using their services compared favorably with the conventional auction houses. Knowing what I had learned being in the Securities Brokerage business, I thought this was too good to true. And it was. Once eBay got to the place that their business was stable, they began to raise their fees. Today, they are in competition with the auction houses to see who can charge their customer the most.

This came as no surprise to me, because I knew these companies have to please their stockholders, and know very little about pleasing their customers. Can you imagine what the decline in the value of eBay stock has meant to their top stockholders like Meg Whitman? Yes, she knew it was time to go, because the customers were beginning to rebel over the excessive fees. Checking her stock transactions just in 2007, she was able to pull hundreds of millions of dollars into her bank account by selling off a percentage of her holdings. Why should she stay with the sinking ship any longer? The stock has been as high as $40.73 this year, but today it sits at $28.02. With her options, this might mean a loss of a billion dollars or more to her. In my opinion, the future for the customers of eBay will be no brighter than it is now. The company will have to continue to raise their fees, and possibly even more than usual if the stock market doesn't begin to smile on the company more favorably.

Why am I writing about this market and the trends that are developing in it? I have shared with members of the 31 Club, since last year, that competition is coming to eBay's dominance in this market. Now my prophecy is coming true with companies like Online Auction, that we have featured, and a new developing company being organized that will have direct online auctions, where you will be able to raise your paddle just like if you were at the auction house but with far less cost. I will be bringing you this information as soon as it becomes available, as well as any other news that will tend to make your business more profitable.

This country boy says, get ready. The tides are changing, and there's power in changing tides. I believe this competition is going to be very favorable to the sellers who have often been forgotten in these markets today.

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