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Author: Squiggyj One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25824  
Subject: The First Foolish Common Sense Test! Date: 6/29/2000 11:13 PM
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Recommendations: 19
Hello,

I have noticed that a lot of people are worried about Ebay's competition stealing market share (Okay, you caught me). I was really board this morning, so I thought that I would create the first ever Foolish common sense test for Ebay. Please do not hit the back button yet. This test is actually quite useful in proving that Ebay has a huge jump over all of their competition. The test itself is really rather simple, but takes some time to complete. First, gather a list of Ebay's auction competition (you will also need to add Ebay to this list). Next, pick a band that you really believe rocks and search for items relating to that group in each of the auction sites that you listed (I used a band, but you can use any item or topic in the world). Lastly, count the number of people selling items for that category. Trust me, you are going to be shocked by the results.

Step 1 (list of competition)

Online auction competition: I know that most retailers or product sellers in this world are technically in competition with Ebay, but I am just listing the major auction sites that have a business model similar to Ebay. As I mentioned before, this is a Foolish common sense test. Please try to complete your list in a minute or two (any company that takes you longer than that to think about must not be a huge threat to Ebay in your mind).

This is my list:

Ebay.com
Amazon.com
Excite.com
Yahoo.com
Bidnow.com
Ubid.com
Qxl.com

Step 2 (pick search topic)

Since I noticed that a few Fools on this board are big Beatles fans, I will use Beatles as my Keyword.

Step 3 (record the number of items relating to the search topic of Beatles)

Company # or items being sold

Ebay.com 6,536 items
(wow, can you say net powerhouse)

Amazon.com 692 items
(okay, but not Ebay)

Excite.com 136 items
(ouch)

Yahoo.com 1754 items
(good, but Ebay still has a much better selection)

Bidnow.com 2 items
(wow, can you say net powder-puff)

Ubid.com
(Beatles is a bad example to test ubid)

Qxl.com 990
(okay, but ebay kills qxl.com in most other searches)

Conclusion:

Ebay has a huge jump on all of its competition (TOP DOG)!

The Foolish Fool,
SquiggyJ
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