posted on July 2, 2001 11:42:33 AM new
I agree with Dim. The actual number is super tiny. And to top that off, those recent numbers reported by the BVPrez have been skewed by the $1 Sale statistics. The numbers should drop considerably in the next two weeks but we'll never see those lowered numbers touted by the BVPrez.
posted on July 2, 2001 11:47:05 AM new
dimviews #s were "accurate" enough to paint a correct portrait of Bidville's sell thru rate. Its not as if he was many percentage points off. He was less than a single percentage point off. Just eyeballing the site would cause you to draw roughly the same conclusion. You don't need pinpoint accuracy to get the picture. If Bidville accepts the stage they're in right now and takes steps to improve, then we might have something here. If instead they're happy with a 1.4% or whatever sell thru rate then it may not be worth our time. I don't think anyone expects them to take on eBay. Instead, what I'd like to see is steady improvement. The new sites showing the greatest rate of improvement are the ones we ought to be focusing on.
posted on July 2, 2001 01:06:40 PM new
"People have been sued over things dimview is doing. Dimview isn't part of the press. His written statements aren't protected by the Constitution. Heck, even the newspapers have to be more right (75% error) than Dimview to be protected by the Constition. You just can't start slandering any person or company in a public forum, throwing out false data and claims, and expect nothing to happen. Yet that's what dimview is exactly doing."
posted on July 2, 2001 02:10:25 PM new
I'm a dimview supporter!
If Bidville wants a more accurate number reflected, perhaps they could have a link to all completed auctions and then dimview wouldn't have to do all this guesstimating.
He could just click on the link, see all the completed auctions, see the amount of bids during that period and viola! instant stats.
posted on July 2, 2001 02:24:25 PM new
Before you start claiming that since your numbers are really, really, really tiny, thus any error is okay... please learn the significance of the numbers you are presenting.
posted on July 2, 2001 02:30:48 PM new
It doesn't take a rocket scientist to see this isn't about a 700% margin of error. It's about a difference of 1/2%. And since the sell-through rate is admittedly about 1%, it's pretty pathetic to even argue about it. Take your .6% and go buy some nickle candy.
. Internet Pioneers
posted on July 3, 2001 12:40:42 AM new
So .8% is utterly pathetic and 1.4% is what...fabulous???
98.6% of listings DON'T sell but oh that's so much better than 99.2% NOT selling. Give me a break.
Eddyodoc
Appreciate the numbers but you've left off the # that is most important in my book- avg sale price. For the past 5 months Yahoo reports theirs has gone from $40 to $62. Honestly, I have rarely seen anything on BV's closed list in the past 6 months that sold for over $4. Would you care to add a column for avg sale price?
posted on July 3, 2001 06:19:03 AM new
daredevil2010 >
Before you start claiming that since your numbers are really, really, really tiny, thus any error is okay... please learn the significance of the numbers you are presenting.
Then let us know why there is no consideration given to auction durations in the Bidville statistics, you know, the 30-day ones you were so keen to point out in my estimations. And why, in fact, are
"total, gallery, and featured auctions reported are from the last day in the period" rather than an average for the week. And shouldn't Bidville be able to identify reserve auctions ending with bids but not a sale because the reserve was not met.
Since you found my estimated sell-through rate so unacceptable, perhaps you'd explain why you're so giggly about the reported sell-through rate despite these similar assumptions.
I find the Bidville numbers to be acceptable, but wonder why you are conveniently silent on these "errors" now.
{Edited to add that it just occurred to me that since the reported sell-through rate is 1.4%, and my estimated sell-through rate is 0.8%, then the error is really 0.6 / 1.4 = 0.42 x 100 = 42%. Surprised the Prez didn't catch that. < grin > )
Although I don't care for numbers, I support anyone who's going to give us "rough" estimates and thank them for doing their best.
I don't care for numbers, when I'm being slapped with the sell through rate, by experience. I'm interested in the sell through rate, for what I sell, wich I can tell, by listing something and having it not sell. I think you can accurately estimate these numbers Dimview, because there aren't any.
Anyways, another thing that bothers me about buying on bidville, is the pop unders and having to go back to a search page, instead of having a search box available on the found listings page. That doesn't seem convenient for buyers. I could be wrong, maybe buyers do like that, I'm one that doesn't though.
I know this isn't going to sit nice with bidville supporters, I am not for or against them, just giving my experience, which may help in improving the site for buyers and sellers.
I hope most bidville sellers will take part in the Epier sale, I like buying over there, it's easier and less obtrusive, so if you haven't joined to try(it's free), then you might as well.
If Bidville accepts the stage they're in right now and takes steps to improve, then we might have something here. If instead they're happy with a 1.4% or whatever sell thru rate then it may not be worth our time. I don't think anyone expects them to take on eBay. Instead, what I'd like to see is steady improvement. The new sites showing the greatest rate of improvement are the ones we ought to be focusing on. 
