UK eBay Drop-off Business Auctioning4u Bites the Dust

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UK eBay Drop-off Business Auctioning4u Bites the Dust

02-04-2008, 10:19 AM,

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mandy Offline

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UK eBay Drop-off Business Auctioning4u Bites the Dust

Quote:Auctioning4u co-founder and CEO Christian Braun told AuctionBytes over the weekend that the business was closing and included a letter that outlined the reasons (see below). Auctioning4u is one of many eBay drop-off store chains and franchisors that have closed, finding it more than a little challenging to operate eBay consignment businesses...

Braun pointed to eBay VeRO issues and also wrote, "Non Paying Bidders also added to our problems rising to 15% in the last few months." Similarly, drop-off franchisor QuikDrop, which closed in December, cited issues with eBay as major challenges in running an eBay drop-off business. Jack Reynolds cited higher fees that resulted from eBay's Store changes in 2006; tougher VeRO rules in 2006 and 2007; changing policies that weren't communicated to sellers; and lower selling prices achieved on the site...

full article: http://www.auctionbytes.com/cab/abn/y08/m02/i04/s03

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