Learn about eBay from Skip McGrath Follow Skip on Facebook
Follow Skip on Twitter

Sell Used Books Online for Profit


Blog Search


Categories

Archives

See Also

Our Most Popular Posts

Resources at Amazon

 

What Will The New Year Bring for Online Sellers?

December 29th, 2012 by Skip McGrath

As I sit here and write this with only 2-days left in 2012, the politicians in Washington are still arguing over the Fiscal Cliff.  There are days I wish we could just push the politicians off a cliff and start over again.

Higher Taxes Coming on All of Us

No matter how the negotiations end up –one thing is for certain.  Taxes are going up on everyone.  And that does not bode well for sales in 2013.  When you tax something you get less of it. States are rising sales taxes = fewer sales. Income taxes going up = Less disposable income.  Less disposable income means lower sales.

Energy Prices Falling

On the good side however, is that energy prices are continuing to fall and that is something that puts money directly into consumer’s pockets. As long as economies around the world are growing slow, oil prices should continue to fall.  It that happens enough it could be enough to offset the tax increases we will see and then the effect on sales would be neutral.

Online Sales Will Continue to Cannibalize Brick and Mortar Stores

The numbers are in, and in the Holiday selling season that started in November, Retail Store sales were flat to down depending on which part of the country you are in, but online sales grew a respectable 16% over last year. I saw this first hand as our November/December sales on Amazon were up 22% over the same period last year. eBay did not do as well this year. We won’t know the numbers until late January when eBay reports , but our personal eBay sales were only up 2% over last year.  A lot of my readers wrote me that they were seeing the same thing.  Leave a comment and let us know how you did this year.

So to summarize – Taxes going up – bad for sales, Energy prices falling – good for sales – Online stores taking business from traditional retail stores – good for us, bad for them.

See you next year!

Comments

Comment from George Nieves
Time December 29, 2012 at 8:21 pm

Hi Skip,
Your post was excellent! It brilliantly painted the gloomy picture that exists today in this world.
There is so much turmoil going on, that it places a dim light on the prospects of being successful in business today.
It really comes down to having a solid business plan & vision for your business.
In today’s landscape, only the strong will survive.
Thank you once again for the tremendous post!

Write a comment






Popular Pages

Free Newsletter
News, Tips & Tools for Online Sellers.

Newsletter for online sellers 

20 Tips for Selling on Amazon

Amazon Selling Tips 

77 Tips & Tools for Selling on eBay

Tips & tools for Selling on eBay 

Learn How To Sell on eBay

Learn how to sell on eBay 

Want to sell on Amazon?

Learn to sell on Amazon


My Top 99 Wholesale Sources

 

Personal eBay & Amazon Coaching Program
Would you like personal coaching?

Coaching for online sellers 



worldwide brands banner

FREE SUBSCRIPTION
 The Online Seller's News is the oldest & largest newsletter for eBay, Amazon & Online Sellers. Get news, tips, tricks & learn online selling strategies.
New Wholesale Sources in every issue.

 
Email::

 
First Name:

 
Last Name:

 
iDrive Cloud Backup
 
 
 
 
 
Mailers USA
 
 
 
Terapeak
 

 
Skip's Newsletter
 
 
 
Own Your eBay Traffic
 
Complete ebay Marketing System
 
Niche Markets
 
Wholesale Buying System
 
Cleer Platinum
 
eBay Consignment Business
 
Site Build It!
© 1999- Harry McGrath, Inc., DBA Skip McGrath, Auction Seller's Resource and Vision-One Marketing. All Rights Reserved.

eBay Tools and Resources | Contact Us | Privacy Policy | Guest Contributions | Shipping & Return Policies
 
Home | Newsletters | eBay Training | Free Articles | Tools & Resources | Web Wholesale SearchTestimonialsBlog