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Winners and losers: firms try to adapt to changing scene: EBay retailers see market for service.


Winners

The Silicon Valley met the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 when mortar and brick retailers began erecting EBay (eBay, Inc., San Jose, CA, www.ebay.com) The major auction service on the Web. eBay popularized the concept of buying and selling online, and both individuals and commercial enterprises list items for sale.  stores from Studio City to Simi Valley Simi Valley (sē`mē, sĭm`ē), city (1990 pop. 100,217), Ventura co., SW Calif. in an oil, fruit, and farm region; laid out 1887, inc. 1969. . Though San Jose-based EBay had been a popular service since the dot.com See dot-com.  boom of the late 1990s, many consumers never offered their wares We love "wares" in this industry as noted below. See also warez.

abandonware adware annoyware badware beltware betaware bloatware boardware brochureware bridgeware censorware cloudware courseware crapware crimeware crippleware crossware crudware demoware donateware dribbleware
 online, finding the process too complicated and time-consuming. When entrepreneurs began offering to act as middlemen, handling the entire EBay process for a cut of the final sale price, they found a wide-open and lucrative market.

Encino-based, The Garage Seller, has profited handsomely off of this trend. Opening in March, The Garage Seller soon merged with QuikDrop, another EBay auction house. Still headquartered in Encino, QuikDrop has become an international company, opening up 26 locations, including stores in the United Kingdom and Australia. The company has increased 25 percent in sales each month and has doubled its sales since its inception. QuikDrop currently has Valley stores in Encino, Simi Valley, Studio City and Woodland Hills.

Peter Mehrian, QuikDrop's vice-president of marketing, attributes the success to one word: convenience.

"It's really convenient for the sellers. It's the best way to get rid of their items. They just drop their stuff off and we take care of the rest for them. People have items lying around and they don't know Don't know (DK, DKed)

"Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party.
 what they're worth. When you put it on EBay, you're advertising to 210,000,000 people," Mehrian said.
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Article Details
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Title Annotation:2004: a rebuilding year
Author:Weiss, Jeff
Publication:San Fernando Valley Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 20, 2004
Words:234
Previous Article:Officials, businesspeople putting focus on job losses.(2004: a rebuilding year)
Next Article:Winners and losers: Firms try to adapt to changing scene: Real estate brokers have hot but busy year as sales frenzy continues.(2004: a rebuilding...
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