One of my continuing goals as both a Work-at-Home Mom and a Baby Boomer trying to establish a supplemental source of income in order to retire, was to phase out my eBay store and set up a Sellers Booth at Bonanza, the latest online marketplace.
Bonanza Online Marketplace
Over the past year, I’ve slowly liquidated much of my merchandise and my eBay store specialized in Vintage Collectibles ~ mugs, dinnerware, and boutique children’s clothing.
The changes that eBay had implemented became just too much for me to keep up with. I couldn’t believe how much I am paying in Fees each month, just to maintain an online presence at this auction site. Whether I sell anything or not, the fees just keep racking up.
Despite what many of the eBay blogs and mainstream news articles I’ve been reading are saying, mainly, that people are supposed to be looking to eBay and Craigs List for bargains ~ I haven’t seen an increase in my business. The holiday shopping season sales in past years were very dismal in comparison to previous years.
Recently I closed my eBay Store for good.
I found out about an alternative venue and marketplace, .
It’s premise is simple if you’re a Seller:
- Import Items from eBay or Etsy List
- Import Items with one click
- Import eBay Feedback
As a Buyer, you can search for items by categories, or those posted within the last 24 hours.
There are no fees to list your items or set up a booth. Yay! Fees are only incurred once you sell your items.
I was able to set up my booth in minutes, and it didn’t take long at all for Bonanza to import my items. The process couldn’t have been easier! The FAQs and Help instructions are very easy to follow.
You can even create a special “Bonanza” to improve sales! What’s a “Bonanza”?
It’s a quick sale where everyone on the site is directed to your booth for a couple hours to get your stuff gone. Pick a day, start time, and duration below. Choose the items from your booth that you most want to include in the sale. Pick a discount price for those items. Then show up at your booth at the time you declared.
What does this new venue mean for me? I can continue to sell the items I have a passion for ~ vintage collectibles, craft and fashion sewing patterns, as well as boutique Ladder Yarn Necklaces, crochet Trellis Ribbon Necklaces, Lanyards and Bracelets. I’ll continue to promote my new Bonanza Booth in the manner I was promoting my eBay store ~ through widgets, Squiddo, Facebook, blogs and Pinterest.
The only difference I can see is that I won’t be paying fees unless something sells. Hopefully, through viral marketing, the word will get out about Bonanza and buyers looking for unique gifts, trendy handmade items, electronics and clothing on Pinterest will discover this new online marketplace.
It’ll be interesting to see whether Bonanza will give eBay any competition. I’m thinking the answer will be “yes.”
What do you think, have you tried selling or buying on Bonanza yet?
Visit my booth at: Moomettes Magnificents on Bonanza
© Moomettes Magnificents