Two more eBay franchises
I found the information on two more eBay franchises. In my previous posts I described iSold, NuMarkets Franchise Program, QuickDrop Franchise Program and Ebay Drop Off Stores.
Today I want to write about an interesting one. They decided not to take a franchise fee and as I understand consider this as the main point of their franchise program. The title says for itself: “Auction Post Inc.’s No Franchise Fee Program”.
To tell you the truth I’m not sure that I completely understand why they do this. It seems for me that they operate like educational courses explaining how to use eBay for drop-off operations. This training will cost you $9,995 but as I see it’s the only money you have to pay them. Maybe it’s a part of their promotional strategy and they are trying to attract franchisees on the first stage… Maybe it’s the way they are trying to get a bigger market share… Maybe this is not the only program created by the company and they are promoting other Internet projects with the help of this one… Anyway the idea seems to be rather attractive.
Franchise program includes:
- guidance on setting up and running your store;
- training program based on their e-auction experience:
- operational consulting.
So I can find only the following risks when starting this franchise:
- their experience can be not enough for you and as a result training can be not so good;
- as their operational consulting is free for you can’t make high demands to its quality.
But you can get more information on that points (as you know them) asking other franchisees and studying the documentation.
The other eBay franchise I’m going to write about is called Snappy Auctions Franchise Program. As I realized it’s not so famous (maybe rather new one but I couldn’t find the information). It’s very common to the other eBay franchises. The franchisee has to follow their guidelines strictly when setting up the store. The program includes both types of payments to the franchisor:
- franchise fee is $15,000;
- Royalty payments are 2 - 4%.
My conclusion:
If you want to start a drop-off business based in the modern informational technologies (like e-auctions, Internet bidding and so on) you have a lot of franchise programs to choose from. They only thing you have to do is to compare the money you spend with the services and help you get from your franchisor.