Group E Robert Huesken Maria Minaya Georgina Santilan Evelio Madariaga YOU Inc . Investigate auctions on eBay and, for any category of product in which you have knowledge or interest, compare selling prices to prices of new goods from ecommerce sites. Attempt to find one or more products which the item sold on eBay costs more than if it had been purchased from a vendor. State the price differentials. If you find no such products, list the products' Ebay prices and vendor prices for the products you investigated. Items Xbox Pro 360 60 GB PS3 120 GB Black Wii + Fit Bundle Ebay.com $249.95 $298.88 $329.98 Froogle.com $249.95 $298.88 $349.99 suggested EBAY suggested EBAY Radio Shack $249.99 $299.99 $405.44 PS3 120 GB Black Wii + Fit Bundle Amazon.com Xbox 360 Pro 60GB Go to http://ebay.com and learn how eBay charges for it’s auctions. You have many options to choose from; select options that you believe will be best for selling goods using this strategy. Explain why you that that option is the best. http://pages.ebay.com/help/sell/fees.ht ml Auction Fees are easier to understand Using price comparison sites, identify three sources for products that you indentified in question 1. If you did not find any qualifying products in that question, identify sources for some product in which you have an interest. Seek sources that provide free shipping and to which you do not need to pay taxes. Items Xbox Pro 360 60 GB PS3 120 GB Black Wii + Fit Bundle Ebay.com $249.95 $298.88 $329.98 Froogle.com $249.95 $298.88 $349.99 suggested EBAY suggested EBAY Radio Shack $249.99 $299.99 $405.44 Amazon.com www.amazon.com FREE on Orders $25 and Over (some restrictions apply) www.eBay.com US Postal Service ® (Free Shipping and handling) 5-12 business days after seller receives cleared payment Either by yourself or with a group of classmates, find some products from your answer in question 1 that seems to you be a good bargain. Set up an auction for that item on eBay, with terms that will enable you to make some profit, even if the products sells at the lowest price. http://www.youtube.com/watch?v=FeSM cTS2Tog http://www.youtube.com/watch?v=5iBgV JfLSsY There are many videos that can assist you on how to sell or purchase items on eBay. Run the auction. If you make some profit, celebrate and run it again. If not, state why you did not make a profit and describe what you would do differently to earn some profit. Know what the item is worth Profit Margin after sellers cost Make sure a picture is available Give it a WOW factor