How to buy Digicams inexpensive and at a giant discount
There is a nice liquid market for both new and after market digital cameras on eBay. Digicam usage has grown enormously over the last couple of years. Technology has reduced the old film and developing virtually to the archives. Quality cameras varying in price from way below $500 to over $2000 are available. Professionals, non-professional hobbyists and regular homes all appear to be acquiring cameras, often more than one per household. The question becomes how am I able to get a digicam at the absolute best price?
With a large volume of most models being traded everyday , this is the perfect efficient market. One can observe the dynamics of this micro-market and determine some handy buying rules. With a bit more info than the rest of the market, one can surely make some intelligent buying prospects. This work focuses on the best way to identify these openings and regularly purchase digital camera's for 20-40% below retail.
This tract should be read together with my longer piece and a website, which produces the data required to spot purchasing nuggets. Find the links and URL's to these two sites at the bottom of this manuscript. The niche site focuses especially and only on data from the digicam market.
Most information on eBay focuses on the selling component, i.e. How to sell your stuff. I have had a tendency to specialize on the buying end and trying to identify market opportunities and price in-efficiencies to actually capture excellent deals. To do this we need to understand the dynamics of the eBay market place. Like every other market it is supply demand driven, and like a large flee-market if a purchaser has knowledge of how many items are for sale at what costs and what number of other consumers are in the market, then that customer can capture the whip hand. Lets focus a touch more on supply.
The eBay supply dynamic is slightly different in that supply of an item must be seen at the crossroads in time. To explain, because auctions end at different times, one has to grasp the amount of auctions ending in close proximity for the same item. This gives you an understanding of the provision of items or in our case cameras. What makes this fascinating is that today there might be a massive quantity of auctions ending for a selected model, but next week there may be few. This is one element driving the price.
The demand side is a touch more complicated and hidden from the average eBay customer. Here is where the web site I refer to at the bottom has some helpful data. Demand in eBay terms is measured (by sellers) as a number of factors - what number of folks view my auction, how many people raise questions, what number of people place me on their watch page, and how many people essentially bid. Glaringly as we progress down this list the info become even more trustworthy as a suggestion of demand. Page views are difficult to obtain, although some sellers place a publicly viewable counter on their auction pages. Questions and watchers are available to sellers, and the special web site discussed below will expose this info. Number of bids is available for all to see.
Now if we happened to produce a graph as the sale progresses of the changes in the number of questions, watchers and bid's one can simply see the way the demand is changing as time progresses. Often if questions are high and watchers are high, but bids are low, this may indicate some confusion and a likely buy opportunity. If watchers are extremely high and climbing, but bids are low, this could point to a spur of the moment bidding war, and a stay out indicator.
Armed with this information and also a fast outline of other similar auctions ending shortly, plus a quick feel for the skill base of the vendor and the current highest bidder, once can see a picture extraordinarily different to the average eBay consumer. Soon the trained eye will observe some nice purchasing possibilities. For the pro or greenhorn cameraman this may shortly bring in a bunch of electronic camera buys that are rather a lot less expensive that retail. For example it is kind of feasible to find gems at 20-40% of retail costs. Let us accept it, most digital camera's perform fantasically years after acquisition. Digital electronics barely degrade over the course of time so that the O.E.M such as eBay is the idea place to buy camera's cheaply.
Check out some of our top coupon codes by visiting our site.
With a large volume of most models being traded everyday , this is the perfect efficient market. One can observe the dynamics of this micro-market and determine some handy buying rules. With a bit more info than the rest of the market, one can surely make some intelligent buying prospects. This work focuses on the best way to identify these openings and regularly purchase digital camera's for 20-40% below retail.
This tract should be read together with my longer piece and a website, which produces the data required to spot purchasing nuggets. Find the links and URL's to these two sites at the bottom of this manuscript. The niche site focuses especially and only on data from the digicam market.
Most information on eBay focuses on the selling component, i.e. How to sell your stuff. I have had a tendency to specialize on the buying end and trying to identify market opportunities and price in-efficiencies to actually capture excellent deals. To do this we need to understand the dynamics of the eBay market place. Like every other market it is supply demand driven, and like a large flee-market if a purchaser has knowledge of how many items are for sale at what costs and what number of other consumers are in the market, then that customer can capture the whip hand. Lets focus a touch more on supply.
The eBay supply dynamic is slightly different in that supply of an item must be seen at the crossroads in time. To explain, because auctions end at different times, one has to grasp the amount of auctions ending in close proximity for the same item. This gives you an understanding of the provision of items or in our case cameras. What makes this fascinating is that today there might be a massive quantity of auctions ending for a selected model, but next week there may be few. This is one element driving the price.
The demand side is a touch more complicated and hidden from the average eBay customer. Here is where the web site I refer to at the bottom has some helpful data. Demand in eBay terms is measured (by sellers) as a number of factors - what number of folks view my auction, how many people raise questions, what number of people place me on their watch page, and how many people essentially bid. Glaringly as we progress down this list the info become even more trustworthy as a suggestion of demand. Page views are difficult to obtain, although some sellers place a publicly viewable counter on their auction pages. Questions and watchers are available to sellers, and the special web site discussed below will expose this info. Number of bids is available for all to see.
Now if we happened to produce a graph as the sale progresses of the changes in the number of questions, watchers and bid's one can simply see the way the demand is changing as time progresses. Often if questions are high and watchers are high, but bids are low, this may indicate some confusion and a likely buy opportunity. If watchers are extremely high and climbing, but bids are low, this could point to a spur of the moment bidding war, and a stay out indicator.
Armed with this information and also a fast outline of other similar auctions ending shortly, plus a quick feel for the skill base of the vendor and the current highest bidder, once can see a picture extraordinarily different to the average eBay consumer. Soon the trained eye will observe some nice purchasing possibilities. For the pro or greenhorn cameraman this may shortly bring in a bunch of electronic camera buys that are rather a lot less expensive that retail. For example it is kind of feasible to find gems at 20-40% of retail costs. Let us accept it, most digital camera's perform fantasically years after acquisition. Digital electronics barely degrade over the course of time so that the O.E.M such as eBay is the idea place to buy camera's cheaply.
Check out some of our top coupon codes by visiting our site.
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