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August 01, 2008

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robertinseattle

That's an easy one to strategize: It's not simply a matter of just pointing people to the big suppliers but more about putting buyers and sellers together. While eBay has been losing business over the past year, more specialized sites are popping up all over the place that focus on vertical niches rather than the broad base that eBay has owned for so long.

Frugal Mechanic recently got funding from Andy Sack and the guys over at Founders Co-Op. They broker automotive parts between Sellers and the do-it-yourself mechanics. It's a niche - but it's a $40 billion niche. I would suspect that the electronic components market - especially among hobbyists and geeks - isn't too shabby either!

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