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	<title>Official Terapeak Blog &#187; lehman</title>
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		<title>Desperate Measures: Can eBay help Lehman Brothers recoup lost funds?</title>
		<link>http://blog.terapeak.com/2009/07/22/desperate-measures-can-ebay-help-lehman-brothers-recoup-lost-funds/</link>
		<comments>http://blog.terapeak.com/2009/07/22/desperate-measures-can-ebay-help-lehman-brothers-recoup-lost-funds/#comments</comments>
		<pubDate>Wed, 22 Jul 2009 18:48:17 +0000</pubDate>
		<dc:creator>terapeak</dc:creator>
				<category><![CDATA[Hot Products/Trends]]></category>
		<category><![CDATA[eBay/ecommerce News]]></category>
		<category><![CDATA[ebay]]></category>
		<category><![CDATA[lehman]]></category>
		<category><![CDATA[lehman brothers]]></category>
		<category><![CDATA[terapeak]]></category>

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		<description><![CDATA[Preliminary reports: not even close.
You may have seen in the news this week that Lehman Brothers, perhaps the newsiest of [...]]]></description>
			<content:encoded><![CDATA[<p><em>Preliminary reports: not even close.</em></p>
<p>You may have <a href="http://www.independent.co.uk/news/business/news/lehman-sells-off-trinkets-on-ebay-1754581.html" target="_blank">seen in the news this week</a> that Lehman Brothers, perhaps the newsiest of the fallen investment firms, has begun selling off all Lehman-related schwag left lying around their offices. The products, which range from tote bags to neck ties, are being listed and sold by the Lehman Brothers&#8217; eBay store (&#8220;TheLehmanStore&#8221;), many via the Buy It Now feature. As an eBay story, we thought this was pretty interesting &#8212; that even the highest of high-rollers is using a web store to clear out some closet space!</p>
<p><img src="http://i290.photobucket.com/albums/ll272/terapeak/lehmanbros.png" border="0" alt="Photobucket" /></p>
<p>So what kind of coin is the company making on its spring cleaning? We did a couple quick searches, and the results are pretty measly.</p>
<p>A seller report on TheLehmanStore shows that, since the store began selling 20 days ago, 59 items have sold at an average price of $22.41. The sell-through rate on these items is an impressive 83.05%&#8230; but then who <em>wouldn&#8217;t</em> want a little slice of history for dirt cheap? Far less impressive is the store&#8217;s total sales, which, as of July 18th, are a relatively meager $2,577. That&#8217;s not likely to make much headway with creditors&#8230;</p>
<p>And equally sad from a Lehman Brothers standpoint: despite being responsible for more than half of all eBay sales containing the keywords &#8220;Lehman Brothers&#8221;, the seven <em>most-</em>expensive items (including some sweet-looking cigar humidors) were listed by sellers <em>other </em>than TheLehmanStore&#8230; a pretty sizeable chunk, considering only 119 listings in total have been successful.</p>
<p>We know that many of you have been selling on eBay for quite some time, and we also know it&#8217;s highly possible you&#8217;ve made a bad decision or two along the line&#8230; Just don&#8217;t feel too bad, whatever the case was. It could likely have been worse!</p>
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