Some people collect stamps, some collect coin & currency notes.

I used to collect magnetic Transit Link card and public phone card. I have hundred of Transit Link and public phone cards in my collections. If you’re interested to own them, welcome to visit my eBay store.

One special group of collectors is looking forward the Ang Pow (red packet) in this Chinese New Year festival. Not the money inside, but the Ang Pow of special and unique designs that they are looking for.

Read the news in CNA: Avid Ang Pow collectors source for special ones from abroad.

Usually, days or weeks before Chinese New Year, we can easily ask for free Ang Pow from restaurants, hotels, banks, restaurants, supermarkets and shops that you patronized. Many merchat also giving out Ang Pow as token of appreciation or a gift for your shopping.

Most of the time, we can get the free Ang Pow from restaurants, hotels, banks, restaurants, supermarkets, telecoms, manufacturers, shops and etc.

Few days ago, I started a small test on eBay by selling unused Ang Pow. Just wanted to see how well it sell on eBay.

There are few eBay sellers are focusing on that festival niche already and more than 200 items listed when I searched the term Ang Pow on eBay Singapore.

But very surprising that within a day, 10 of 23 of my Ang Pow listing has been sold.

The strategy is simple, using low price to attract customers to buy something which I got it for FREE.

My objective is clear unwanted stuff from my store room and earn a few good feedbacks along the way.

Don’t be afraid to try things out. Sometimes the only way to make progress is JUST DO IT.

This is post of OPAD Day 10.

Popularity: 21% [?]

eBay was created in September 1995, by Pierre Omidyar, who was living in San Jose. He wanted his site, the then called as AuctionWeb to be an online marketplace and wrote the first code for it in one weekend. It was one of the first websites of its kind in the world. The name eBay comes from the domain Omidyar used for his site. His company’s name was Echo Bay, and the eBay AuctionWeb was originally just one part of Echo Bay’s website at ebay.com. The first thing ever sold on the site was Omidyar’s broken laser pointer, which he got $14 for.

The site quickly became massively popular, as sellers came to list all sorts of odd things and buyers actually bought them. Relying on trust seemed to work remarkably well, and meant that the site could almost be left alone to run itself. The site had been designed from the start to collect a small fee on each sale, and it was this money that Omidyar used to pay for AuctionWeb’s expansion. The fees quickly added up to more than his current salary, and so he decided to quit his day job and work on the site full-time. It was at this point, in 1996, that he added the feedback facilities, to let buyers and sellers rate each other and make buying and selling safer.

In 1997, Omidyar changed AuctionWeb’s and his company’s name to eBay, which is what people had been calling the site for a long time. He began to spend a lot of money on advertising and had the eBay logo designed. It was in this year that the one-millionth item was sold.

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Popularity: 21% [?]