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Word: auctiondrop (lookup in dictionary) (lookup stats)
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...drop-off firms took eBay by surprise, and that it has considered launching its own facility. But, he says, "we need to focus on what we do best: making it easier to connect buyers and sellers." Or perhaps it's waiting for a market shakeout. California-based AuctionDrop, one of the biggest operations in the U.S., recently closed four of its five stores, shifting focus to drop-off points inside parcel-courier UPS' stores. That might not be the best move, says Scott H. Kessler, an Internet retail equity analyst at Standard & Poor's in New York City, suggesting that...

Author: /time Magazine | Title: The eBay Piggybackers | 2/6/2005 | See Source »

...easier than ever to unload that old camera on eBay. Sellers can drop off an item at any of UPS's 3,400 stores in the continental U.S., and it is shipped to the California-based AuctionDrop. As long as the product weighs less than 25 lbs. and has an eBay value of at least $75, the middleman will handle everything from pricing to shipping. AuctionDrop's commission is up to 38%, which may sound steep, but the deal's still more profitable than collecting dust...

Author: /time Magazine | Title: Sales Assistance | 7/26/2004 | See Source »

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