Broken? Sell It on eBay: An iPod Report
Recently I was featured in the debut of AuctionByte's "First Item Sold Online" feature. I reminisced about the first item I ever sold on eBay - a broken watch. As we fast-forward nearly 8 years later, things haven't changed all that much - here's a recent auction I listed for a broken iPod.
There are countless reasons to buy and/or sell broken items on eBay. Buyers may be lured by the handyman's special and like to tinker around, or perhaps they are buying a broken item specifically for an unblemished part it contains. Sellers may be dumpster-diving profiteers, or do not have the technological know-how to fix an item.
Broken items on eBay should be tagged as either Broken, Damaged, Parts, Repair or Faulty (and may additionally be tagged "As Is"). Aptly, a search for "Broken iPod" on eBay yields the following:
"Related Searches : ipod as is, damaged ipod, ipod parts, ipod repair"
After the successful sale of my broken iPod Shuffle (I had put it through the wash!), and reading an article from Apple Matters Blog "How Much Cheaper Is the iPod Going to Get?" (http://digbig.com/4hpph), I was convinced that there was a flourishing market for broken iPods on eBay that needed to be further analyzed.
On March 26, 2006 (2:45p.m. EST), I ran a 90-day Completed Items Search and found the following results:
539 items found for broken ipod
101 items found for damaged ipod
145 items found for ipod for parts
78 items found for ipod faulty
20 items found for ipod needs repair
I further broke down the 539 results and found that there were 334 items that actually matched the criteria of a Broken iPod (I did not include lots, isolated parts including new parts, repair services, repair manuals, repair tools or unsold items).
Broken LCD screens, dead batteries and dead hard drive were some of the auctions that I encountered. One auction comically (or deceptively) was titled "Broken Mini iPod in Great condition."
Total goods sold were $25,173 for an average selling price of $75 for all versions of iPod. I further broke down Total and Average Selling Prices for iPods based on Generation, Version and Disk Space.
Note that some sellers abbreviate G for Gen, which is an abbreviation for generation. Fifth generation iPod is the latest model, while 1st generation was the first iPod released in 2001. (Do not confuse G with GB, which is an abbreviation for Gigabytes - the amount of Disk Space.)
As you can see, the newer models demand a higher average selling price. However, it is an anomaly that the 40GB models had a lower average selling price than the 30GB. One would expect that larger the disk space, the higher the average selling point. A look at the auction descriptions might reveal the reason for this incongruity.
If you are interested in exploring this market further, Apple has compiled articles on how to identify different iPod models (http://digbig.com/4hppj) and how to identify the Serial, Model Number & Hard Drive Size of your iPod (http://digbig.com/4hppk).
Additionally eBay's Shopping.com, Amazon.com and especially Wikipedia are good resources to use to help identify and/or describe an iPod.
http://auctionbytes.com/cab/abu/y206/m05/abu0167/s04
Saturday May 20th 2006
Elvis keeps a close eye on Ebay
PSYCHIC Uri Geller reckons Elvis told him he was the winning bidder in the Ebay sale of the Memphis house Presley lived in before moving to Graceland. Geller performed a spoon-bending trick in Las Vegas for the singer in the 1970s and now collects Elvis memorabilia. Geller also has a paranormal fascination with the number 11 .
As the bidding closed "I felt intuitively I got the price it was exactly 11 on my mobile phone and suddenly the radio started playing an Elvis song. That was Elvis telling me we got the house," Geller said. It cost him pounds 479,500 - more than twice what the property is worth without the Elvis factor.
Meanwhile, I promised I would let you know the outcome of the auction for the "two per cent share of the Holy Grail" sale, as reported here last week. However, it would appear the Ebay police pulled the sale before it reached a conclusion. A thorough search failed to find a result, even though sold listings remain available for 15 days after the end of an auction. Seems like Ebay suffered a sense of humour failure.