Why did you turn to eBay to start your shop?
“I have used eBay since I was young and used to fix up and maintain bicycles. I would buy a job lot of bikes, fix and service them and then sell them on for a decent profit. So, I always knew that eBay was an option if I wanted to make money.”
"I always knew that eBay was an option if I wanted to make money.”
How did you grow the business?
“Through a lot of hard work. At first, it was spending every evening, after we got home from work, going through large quantities of coins to see if any of them were worth more than their face value.
“We made sure we expanded our knowledge about running a business on eBay, online marketing, etc, and this paid off as we started to see a decent increase in sales and repeat buying customers.
‘I also made sure that we didn’t put coins up for auction – instead we used the Buy it Now feature – as this made sure we could set our own prices and never sell coins for less than they are worth.”
What’s the best thing about running your own business?
“Being your own boss and seeing that the effort you put in shows in the results and profits. I’ve escaped from the bottom of the food chain and have a direct impact on my future – that’s invaluable to me.”
What does the future hold?
“Profits are good, we’ve recently moved into new offices and the money from the Awards has gone into buying more equipment to make our operation more efficient and profitable.
“We are also keen to keep coming up with ideas and seeing gaps in the market and opportunities to grow and succeed. Our futures are now in our own hands and eBay has helped that happen.”
Why did you enter the eBay for Business Awards?
“The money was a huge driver as we have been saving up for equipment that will help us grow the business. We also wanted the opportunity to meet people at eBay and fly over to the USA. I also enjoyed telling the story of the birth of our company – as we are proud of what we’ve achieved.”