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Coronado,
Calif. — Executives from eBay took advantage of the
Professional Audio Dealer Association (PARA) Management
Conference, held here earlier this month, to outline how
this type of dealer can use the online service to sell more
products. Jamie Stark, CE
category manager, and Karl Wiley, CE/photo categories
director for eBay, outlined strategies on how independent CE
retailers can sell products that have been accepted as
trade-ins and “B-stock dispositions,” or returns and
products from the retail sales floor, during their
presentation at the Hotel del Coronado.
Outlining eBay's reach, Stark said
that between consumer electronics, computer and camera
categories, the online service brokers sales of $7.9 billion
annually on a worldwide basis. The typical eBay consumer for
these goods has over $100,000 in annual household income, is
an early technology adopter, and still goes to
brick-and-mortar CE stores for product too.
The trade-in strategy is designed to
“attract more local customers into your stores,” Stark said,
by giving consumers some type of credit for old merchandise
that can be applied to a new product purchase by selling it
on eBay. The price of the product can be determined by
visiting Dealtree.com, which determines price quotes,
pays the retailer for the product and handles the online
bidding and sale.
“There is no fee for this service,”
Stark said, adding, “Retailers can either offer the price
quote as a straight trade-in or try to make a profit on it.
Say a product is worth $800 — some retailers might want to
give the consumer a $500 credit and keep the balance.”
The B-stock disposition plan is a way
retailers can “optimize inventory, liquidate returns or
demonstration units, or products that are about to be
discontinued.” Stark said that eBay provides retailers with
“trading assistants and 'PowerSellers'” to help sell excess
inventory that must be moved quickly.
The Web site also provides an
exclusive Seller OnRamp service, which is a free,
phone-based personalized consulting service for setting up a
retailer's business on eBay.
For more details on these services
visit eBay on the Web or call (866) 304-EBAY |