I Sold IT

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I Sold It on eBay is NOW BUYING Your Used CD's, DVD's and Video Games for Cold Hard Cash!!

iSolditgulfcoast operators of the iSold It on eBay stores in the Tampa Bay area announced today that beginning Thursday, January 22, the stores would now be buying customer's new/used CD's, DVD's,
For_Immediate_Release:

United States of America (Press Release) January 31, 2009 --
The flagship ISoldIt offering is the In-Store for cash buyback program enabling all ISI stores to now buy new/used CD's, DVD's and console Video Game software for cash! Later the program offering will be extended to include additional consumer products like video game consoles, cell phones, and digital music players similar to ISI's internet only program. The nationwide In-Store for cash offering is rolled out this week with the four area I Sold It on eBay stores in Tampa, St. Petersburg, Palm Harbor and Sarasota.
The customer should bring their new/used CD's, DVD's and console VideoGame software into the store where the associate will scan the item and through the use of the proprietary BuyWare software, I Sold It will make a cash offer anything that has value. Even if the disc is damaged an offer will be made if the case is pristine. I Sold It will offer to pay cash on the spot for the items. Watch TV commercial
Tom Finkbiner, owner of iSolditgulfcoast, today in an announcement said "I Sold It has long been a leader in allowing consumers to cash in on no longer used or excess household and commercial items, with fifteen thousand customers having been paid more than $2 million during the last three years through sales on eBay and other electronic sites. Our agressive rollout of the In-Store for Cash buyback offering allows draw new customers into our stores by bringing in his or her no longer used CD's, DVD's and console Video game software in the original jewel case and walk out with cash!"
I Sold It on eBay has stores in Tampa, St. Petersburg, Palm Harbor and Sarasota. For more information please refer to the iSolditgulfcoast.com. website.

By PEGGY EDERSHEIM KALB
In this era of downsizing, we decided we need to do some of our own by getting rid of some household stuff via eBay -- and snaring some needed cash in return. But since we're online-auction neophytes, we turned to so-called trading assistants -- firms that will list and manage sales on eBay for a fee.
First we had to find one. There's been a lot of consolidation in the trading-assistant industry. And the ones that are left have gotten a lot choosier about what they'll try to sell. Items that won't garner much cash just aren't worth it for firms to try to unload -- the seller-for-hire companies have to put in the same amount time, effort and expense whether the item sells for $75 or $1,000.

The services take your item and do all the legwork: research the price, write the description, post it on eBay, field the email responses, monitor the auction, ship the items and collect the checks. They take a hefty commission, ranging from 23% to 45%, depending on the company and the price range.
We enlisted trading assistants to help us sell a range of items, including a couple of unopened iPods, a set of plates, an elephant tea set and a couple of toaster ovens sitting in our basement. We got mixed results. On average, it took a month, start to finish, to get any cash for our stuff; commissions ate significantly into whatever money we did get. New electronics sold, but our other stuff didn't. That said, when it worked, it was nice to get cash for things without going through any hassle ourselves.
With three of the four companies we tried, the process itself ran smoothly, if slower than we expected. We started with an iSold It franchisee in Norwalk, Conn., part of a nationwide franchise with 86 stores in 48 states. This iSold It doesn't pick up and will take only items they believe will bring in more than $75 (when items don't sell, the franchisee eats the initial eBay listing fee). They rejected the plates and the elephant tea set, but said they'd try to sell our slightly used Sanyo toaster oven. It went up on eBay but did not sell. Then we tried a one-year-old, never-used iPod Nano lying around our house. A month and a week later we had a check for $78.86 (the Nano 8GB fourth generation sells new for $149). Ken Sully, iSold It's president and chief executive, says that in the current economic crisis, the volume of the company's sales has gone up, but "the average selling price has gone down a little, from $125 to closer to $100."

KNOXVILLE (WATE) -- Despite nationwide sales being down over the holidays more than 30 percent, local iSold It stores are seeing a business boom.
Jay Bus is like many Americans looking to cash in of stuff they already have. "My wife has some china that she's had for over 50 years.It is just something that we had that we don't use and we could use the money," Bus says.
Thanks to a growing number ofpeople likeBus, Jackie Jacobs' iSold It store is bucking the trend ofbusinesses with declining sales. Instead,business at her store is good. "We've had a 15percent increase in December in the average selling price of the things on eBay we've been listing,"Jacobs says.

iSold It is listing every day products like usual,but also seeing more high end products on the market. "We've seen a lot of designer purses and items like that that people bought when times were good and are now trying to get some money out of them," Jacobs says.

iSold It can benefit from the slumping economy in two ways. First, it can profit from people looking to pinch pennies on purchases. Second, it can profit frompeople looking to make money offitems just sitting in their homes.

"There are people who say eBay is recession proof. When times are good, people buy more stuff and they have more to sell. On the other hand, when the economy is worse, people want more money,"Jacobs says. Sheexpects business to pick up even more in the next couple of weeks when spring cleaning begins.
http://www.wate.com/global/story.asp?s=9742536

Individuals, businesses putting more merchandise on auction Web site, and quality, value still sell in down times. The stock market may have plunged 15 percent in October. Housing prices may be 26 percent below a year ago. And economists at Cal State Fullerton and UCLA may use words like "grim" in describing Orange County's economy in the near future. But not every business is down.
"August was my best month ever. September was up 60 percent over a year earlier and October was up 30 percent," said Scott Brown. Wow! Get me into whatever Brown is doing. He owns an iSold It franchise in Fullerton that sells on eBay auction Web site items brought in by individuals and businesses.

Get a fugly sweater for Christmas this year? Don't worry about regifting. Join the growing crowd and secretly turn your unwanted gift into cash by selling it on eBay.