A Bit on Bonanzling

So this blog is called Not Your Mama's eBay, and I plan on continuing to write predominantly about selling on eBay.  But every day I log into Bonanzle I grow more and more intrigued.

Granted, I haven't made a single sale on Bonanzle, nor am I getting a ton of traffic to my "booth".  I am, however, getting a steady stream of visits from my neighbors (the sellers who run the other booths) who stop by with words of encouragement, "tag" my items (a menu option under each item that allows you to rate items as "exceptionally cool," "exceptionally beautiful," etc...), and make pleasant conversation.

What's curious about Bonanzle is that it's more similar to Twitter or blogging than it is to eBay.  It relies in big part of network effects.  You get people (other small sellers) to come to your booth by visiting THEIR booth.  Every booth has a chat functionality, so when people aren't in you literally leave them a message.  And then they return your visit, and leave you a message.  But that's not all.  Other people SEE the message you left and ALSO come visit your booth.  Posting in the communal forums will also get people to your booth.  It's a close knit community, so new faces attract attention.

It's easier, and more work than eBay at the same time.  I suspect that many of the successful sellers there have brought in their own customer base as opposed to picking up customers while there.  At the same time, listing and promoting items is easier and cheaper.

All in all, I think I will continue to list my items both at Bonanzle AND eBay.  After all, I have nothing to lose and everything to gain.  I'll keep you guys posted on what my neighbors are up to.