eBay mixed blessing for collectibles market
By KRYSTLE CHOW
Published in the Ottawa Business Journal newspaper and website.
July 31, 2006
Click here to view this article on OttawaBusinessJournal.com.
Photo by DARREN BROWN for the Ottawa Business Journal
With the worldwide collectibles market booming, many entrepreneurs are finding success buying and selling collectors’ items online, thanks to the electronic marketing phenomenon that is eBay.
But local businesspeople caution against giving up your day job to invest full-time in Beanie Babies and rookie sports cards.
“The market is constantly changing, and you can’t count on something selling for a decent price,” says Inma Services owner Petr Maly, one Ottawa entrepreneur who does make a decent living using eBay. “The biggest obstacle is figuring out what’s coming in (in popularity).”
Mr. Maly has been selling consignments of antiques and collectibles on the auction site for eight years. However, despite his success as an online merchant, he warns that the collectibles market can be a tricky one to manoeuvre.
“You have to have a lot of knowledge, and you have to (more…)
