eBay Entrepreneurs Face solid Times, Tighter Margins

Ann Wood was thrilled last January when her eBay store, Willow-Wear, had its best month ever, grossing around $33,000. In February, however, Wood experienced a sharp drop-off in sales. Since 2004, Wood has run the home-based business, listing and selling high-end jewelry, clothing, shoes, bags, and antiques for more than 40 clients around the country. She works four to six hours a day, and had sales of about $250,000 in 2007, she says.

“I’ve still got steady sales and

I’m making money for my clients,” Wood says, “but I’ve been seeing more caution from buyers on the items priced for $1,000 and by. folks are being smart. They’re acting like my husband and I are trying to act, which is to be more careful about purchases and not buying everything we want.”

Yet Wood’s stock is growing as her clients scour their closets, hoping to invent some additional money selling […]

Orginal post by Top Tech News

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