Thursday, June 24, 2010

Apple iPhone 4 16 GB is sold as high as $1925 on eBay

Apple iPhone 4 is released today. It is in such a high demand that an Apple iPhone 4 16 GB was sold as high as $1925 on eBay. On averaging it sells at around $800, a $600 profit from the $199 pre-order price.

This is the only thing that cheered me up today when mortgage rate hit all time low and Wall Street has suffered another significant loss due to fragile recovery fears.

Tuesday, June 22, 2010

How much used iPads are selling on eBay

Beside just released the JoyBidder eBay Auction Sniper Free Edition recently, I have also been working on an eBay Sales Data Analysis tool for a while now.

Since the tool is almost done, I wanted to run some tests on real eBay data. I am really interested to know how much used iPad 16GB is selling on eBay, so I set up a scheduled search in JoyBidder eBay Auction Sniper Pro Edition. To save some electricity and mostly spare my aging computer, I have JoyBidder running in sleep mode, so it only wakes up computer every 2 hour, search eBay and import any newly ended iPad 16GB items to JoyBidder and then back to sleep. Although I only had it running two days, I am already getting some interesting results. See charts below.

used iPad 16GB Daily Price Trend

used iPad 16GB Daily Volume Trend

You will notice some interesting stuff here:
  • Both price and volume have a big rally during the Father's Day
  • Once in a blue moon, there is some incredible bargain on eBay. Some used iPad 16G were sold under $300. (This is the total price including shipping). Here is one of the link if you are suspicious of any wrong doings.
Something useful
  • The eBay sales data analysis tool will be released as a separate purchasable module of JoyBidder eBay Auction Sniper Pro Edition for a very affordable one-time fee.
  • You can use JoyBidder Pro Edition to run scheduled search to find bargain or rare items.

Thursday, June 17, 2010

JoyBidder Free Edition is released

The Free Edition has a much simpler user interface and only support sniping one auction at a time. Because its simplicity and free of charge, it is ideal for casual eBay buyers who usually don't snipe multiple items during the same time. Click here for more Free vs Pro feature comparison.

The most obvious reason of releasing the Free Edition is to promote the Pro Edition and web site. However, I have another reason of my own.

Most of my registered users are savvy eBay buyers and some of them are eBay sellers who makes a living by buying/selling on eBay. They understand how a good auction search/tracking/sniping software can save their time and money. Since they make money on eBay, the small amount of registration fee is never their concern. In fact, lots of my users have told me that I have priced JoyBidder way too cheap. But for casual eBay buyer who buy from eBay occasionally and only snipe one item at time, they will very unlikely use many advanced features or buy the software. The more advanced features I added to JoyBidder, the more I tailor to savvy eBay users and the further I alienate from the casual users. There has to be a simpler product for those casual users.

Compare to Pro Edition, this is much simpler, isn't it?