Germans are willing to pay more for eBay items than Americans, index says
A new index that monitors prices paid for items sold on eBay in the U.S. vs. prices for items in Germany shows that German consumers pay an average of 53% more for eBay items than do American consumers.
Dropshop, a provider of eBay selling services in Germany, today released its first comparison of completed eBay auctions in Germany and the United States. The new index is designed to give eBay sellers a tool to compare the average closing bids on 20 items in 20 categories.
The items in the index were all sold on eBay during the previous month, in the United States and Germany.
The Dropshop index showed that the average sale price for the eBay auctions in the U.S. was $119.89; the average in Germany was $184.03. The lowest price difference was for a digital camera that sold for an average of $77.02 in the U.S. and $80.26 in Germany. The greatest price difference was for a laser printer that sold for an average price of $70.01 in the U.S. and $159.23 in Germany.
Germany is eBay’s largest market outside the U.S., with nearly 20 million registered users. Dropshop is positioning its index as a tool for sellers seeking new online markets to expand into.
"Since this was our first comparative index, we were quite surprised at how much more buyers on eBay Germany were paying for merchandise vs. the U.S. market," said Jim Kingsbury director of international market development at Dropshop. "There is a tremendous opportunity for sellers based in the U.S. to cash in on this disparity."
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