BG Xchange is the new store in town that opened three weeks ago. It is considered an E-bay drop-off, said Manager Mike Fairman.
“We take care of everything,” he said. “We do all the leg work, they just have to sit back and wait for a check.”
And to receive that check, the associates of BG Xchange must examine the product to make sure it is saleable before putting it on E-bay. They will have to also test the products to make sure they are in working order.
The customer will need to fill out paperwork. This contains personal contact information and signing an agreement.
“This is signing over their rights to sell it for them,” Fairman said.
And since BG Xchange will be taking care of selling the product, they will take pictures of it and write a description. The customer does not need to provide anything like that. They will box it and ship it UPS.
They will send the customer a link of their product, so they will be able to watch it sell, Fairman said.
He said there are two advantages to using a company like BG Xchange. If someone is thinking about buying a product on E-bay and they see it being sold by a business, that person will most likely buy it.
Another advantage to E-bay is if they have it online, they will also have it in their store.
“This is the physical option of seeing it and buying it,” Fairman said. “[The customers] will still see the same amount back.”
BG Xchange will receive a 15 percent piece of the profits from the selling of the product. From $30 to $100, the customer will receive 65 percent of the profit and BG Xchange will get the 35 percent. From $100 to $500, the customer will receive $350; 70 percent of the profit. And on to $2000, which can be up to 75 percent of the profit.
“They’re worth what they’re worth,” Fairman said.
They also have non-E-bay products in the store, like video games and CDs. A customer can sell their product and receive retribution for it.
On hand, Fairman had a brand new 40 GB iPod, a paintball gun, a camcorder and a pack of magic cards.
