Software, Digital Content, Geopolitics, Economics & More from of a Libertarian Serial Expat and Entrepreneur
In: business models29 Jul 2002
Robert X. Cringely speculates that eBay might weight as much in the economy as Wal-mart within a decade. That’s a strong statement, but eBay doesn’t fail to impress.
Now that the dollar is cheaper against the euro, I’m looking at eBay.com daily to monitor the price of digital audio and video gear I might want to acquire (if the price is right, you know the drill.) Most sellers won’t ship outside the US, but I agreed with an American friend to abuse his patience so he’ll send me the stuff I buy. Besides, comparatively, there’s not much for sale on eBay European sites, and prices will probably tend to by higher, if they’re logically based on the price of new items (which bears value added taxes as well as higher local pricing by many vendors).
I wonder whether there’s a business to be made in buying stuff that Americans eBay sellers won’t ship abroad, and sell it to Europeans. Might be worth it if the dollar remains weak, and if you figure out economies of scale to lower shipping costs. I’ll have to think about that. Partnerships with local stores (e.g. music stores often sell used gear) might be an option to find customers and mutualize shipping. Since it’s expensive gear you spend months just to plan the purchase of, people would probably accept to wait several weeks before delivery.
I'm CEO of an online trade publishing firm in the marketing and defense verticals. We try to make news and data digestible and useful in an environment that is more noisy each day. This personal blog mixes my thoughts and interests on politics, business, software, and more, based on my business and personal experiences. Over the years I have posted items that turned out spectacularly wrong, and a few posts that stood the test of times better. Personal views only.