Fantastic coincidence last week. I was leaving a very silent pub after England lost their last game in the Euro2004, and bumped into a funny store, auctionning4U :
It was the opening night of the first UK store of Auctionning4U. The founder, Christian Brian, invited us in, and helped us to a drink and a few nuts. After some discussion, we discovered his business model:
he is planning to open a series of stores in wealthy neighborhoods (Sheperd's Bush in London now, Germany soon), where he invites people to drop in their old stuff. He will sell your stuff on ebay for you.
What ?
Yes, he has a full picture studio right there, 5-6 persons attending clients at any given moment, access to a whole lot of databases so that he can enter a very specific description of your item on ebay with many pictures. If your item is worth at least 10£ in his opinion, he'll take it, and launch auctions for 3 weeks max, at £1 so he makes sure they sell. If after 3 weeks the item is not sold, he will either return the item to you, or give to charity if you want to. He will even answer all the questions from potential buyers, and do the shipping, take care of registration fees on ebay, etc.
Each location has / will have a full cellar to store all objects and is nicely decorated (actually very simple light wood panneling with a huge customer desk and computers).
Cost of the service for you ? 1/3 of the selling price, all inclusive.
Expensive ? not if you consider that your stuff is lying around at home without monetary value...
I really find it interesting that people are creating physical stores to enable and boost online services. This approach to services will expand more and more I believe. What do you think ?
By the way, Christian also runs a venture capital fund: intrepid ventures. Definitively a good name.
On the online part of the game, ebay recently acquired similar online ventures in India and China, two of the world's most populous markets.