Stuff U Sell's eBay trading soars as UK economy feels the pinch

Press Release

26 May 2009

Stuff U Sell, the UK's leading eBay trading assistant, announced Half-Year Gross Sales of £454k for the six months to April, up 73% on the same period last year, bringing total sales to £1.67m since the company was founded in 2004. The company reports that this growth has come from significant increases in both buyer and seller activity, driven by the economic downturn at the end of last year.

"Demand for our service has never been stronger - we are fielding so many calls from sellers that we are hiring four new members of staff this month alone," says Operations Manager Edward Doegar, "And the buyers are all clamouring for a bargain. In the ladies designer clothing category, for example, we are seeing more competitive last-minute bidding, and like-for-like items have seen prices soar up to 70%."

eBay is the UK's largest online marketplace, attracting 16 million unique users each month and with over 17 million listings live on the UK site. Competition for sales is high, and the effort and expertise put into producing and marketing an auction is key to getting a good price. Stuff U Sell's approach is to do the basics flawlessly (studio photography, search optimisation and writing compelling descriptions) but also to devise and research sales strategies for each item - using the breadth of eBay formats and techniques. Their research shows this pays off with reported sales prices higher than the market average across a wide range of categories - in fashion, for example, a Marc Jacobs Tote handbag sold for £255 - 30% higher than the a verage eBay price of £196.32; in technology, a Dell PowerEdge Server sold for £120 - 78% higher than the a verage eBay price of £67.40.

It is no surprise that both individuals and businesses are flocking to Stuff U Sell for both their experience and hassle-free approach to getting items sold. "Whether it is the fashionistas funding this season's purchases with last season's cast-offs, people downsizing and clearing out, or businesses liquidating slow-moving stock , everyone appreciates the ease with which they can release cash using Stuff U Sell," says Fraser Pearce, Director. "We pick-up, do the work, pay all the eBay and Paypal fees and send a cheque. Since we work on commission, our incentives are completely aligned with the seller's goals."

Notes for Editors

Stuff U Sell was founded in 2004 to help businesses and individuals access eBay and other internet marketplaces, providing an end-to-end hassle-free service. Whatever the reason for sale - raising funds, clearing space or recycling unwanted goods - Stuff U Sell's motto is that it's never been easier to sell your stuff.

Stuff U Sell handles anything which will sell on eBay - from DVDs to fitted kitchens - and currently has over 2,000 listings on eBay, representing more than 10,000 individual stock units. These auctions include a fully-functional Antique 1861 Albion Printing Press and a large collection of ornate Saint Louis Thistle Crystalware.

Stuff U Sell is a Platinum eBay Powerseller with 33,000+ feedback, 99%+ positive, and has a large following on eBay with many delighted repeat buyers. Stuff U Sell's experience and expertise in selling allows them to devise winning sales strategies; their research shows that this can lead to significantly higher prices across a whole range of categories.

They offer sellers a wide range of collection options - anything from a courier bike to fetch a pair of Jimmy Choos to a triple-crewed 7.5-tonne removals van for lifting and carrying antique furniture - or items can be dropped-in to their 16,000 sq ft Park Royal facility. Everything is then photographed in their studios and descriptions are written by their in-house listing experts. Once a pricing and sales strategy is decided, the auctions are put live on eBay where any bidder questions are promptly answered. Following sale, payment is taken, buyer identity verified and a wide range of courier and postal services used to dispatch and track deliveries worldwide.

Transactions are completely anonymous for the seller, and a number of celebrities have used the service to quietly sell unwanted possessions. All returns, claims, fee payments and administration are handled by Stuff U Sell.

  • Stuff U Sell
  • 8 Commercial Way,
  • Abbey Road
  • LONDON
  • NW10 7XF

email: enquiries@stuffusell.co.uk

Contact

For further press information, contact Jessica Wray on 0800 046 1100 or email her at pr@stuffusell.co.uk