posted on July 4, 2001 07:19:36 AM new
jimhhow >
because ...
All of *that* to get here. Unbelievable.
Let me add that bids on the ex-Bidville stuff now on eBay continue to roll in:
Eight bids on 19 items, for a 42% personal sell-through rate. First item, one bid at $9.95; second item, one bid at $4.00; third item, one bid at $4.00; fourth item, started bidding at $4.00, but has seven bids at $10.50; fifth item, one bid at $4.00; sixth item, one bid at $9.00; seventh item, one bid at $4.00; eighth item, one bid at $8.00.
The auctions end late tomorrow afternoon and evening.
posted on July 4, 2001 08:24:18 AM new
I'll admit that I've also pulled stuff from BidVille and relisted it at eBay and had those items sell after receiving hardly a page view at BidVille after maybe a month's exposure. But I also somehow sold 4 items last week at BidVille, actually quite a nice surprise to me and the best activity I've had there in a long time. Maybe just dumb luck or something, but it gives me hope that I can have an opportunity to list somewhere other than eBay to make the occasional sale. Especially when eBay does their little tweaks and adjustments and the site becomes unstable and sellers can't list, buyers can't bid, etc.
posted on July 4, 2001 09:16:08 AM new
Thank you, Dman3.
All I would want is for the "other" poster to admit that the figures he has been shoving down everyone's throat, and the rhetoric about inventory warehousing do not represent the complete site. Nor does his experience there represent the experience of everyone.
When you reported Yahoo listings, that was it, just listings. But with Bidville, you go a step further, to show what you wanted to show using flawed data. We told you the data was flawed, but you refused to look at that.
Then you post those pieces of 'information' as "the whole story"
Well it is not, and people should be told that too.
And if this is off topic, I'm sorry the topic stated in the title is sarcastic and offensive. Or, hadn't anyone noticed that?
TYPO
[ edited by jimhhow on Jul 4, 2001 09:17 AM ]
posted on July 4, 2001 09:35:27 AM new
jimhhow >
All I would want is for the "other" poster to admit that the figures he has been shoving down everyone's throat, and the rhetoric about inventory warehousing do not represent the complete site.
They sure do represent an overview of the entire site.
av·er·age
n.
Mathematics.
1. A number that typifies a set of numbers of which it is a function.
2. See arithmetic mean.
arithmetic mean
n.
The value obtained by dividing the sum of a set of quantities by the number of quantities in the set. Also called average.
So, once again, I'm telling you my interest is in reporting the likely experience of the a Bidville seller.
Nor does his experience there represent the experience of everyone.
And, once again, I'm telling you that the average means some will do better, others worse.
When you reported Yahoo listings, that was it, just listings. But with Bidville, you go a step further, to show what you wanted to show using flawed data. We told you the data was flawed, but you refused to look at that.
Nonsense. I posted listings AND indepth analyses of the profiles of "featured sellers".
Then you post those pieces of 'information' as "the whole story". Well it is not, and people should be told that too.
I selected a benchmark of sell-through rate and did the calculations, then provided my results here. If you don't like them, fine, don't whine about my participation at AuctionWatch, do your own calculations and post your own results.
Those kind of crocks were listed during the $1-SALE for a buck, but now with the sale over, you'll find they're still there minus the $1-SALE tag for that same buck. And, oh yes, 99 relists to boot.
Edited to add that the ex-Bidville items, now are eBay, continue to do well:
Bids on eight of 19 items, for a 42% personal sell-through rate. First item, one bid at $9.95; second item, one bid at $4.00; third item, one bid at $4.00; fourth item, started bidding at $4.00, but has nine bids at $17.50; fifth item, one bid at $4.00; sixth item, one bid at $9.00; seventh item, one bid at $4.00; eighth item, one bid at $8.00.
[ edited by dimview on Jul 4, 2001 10:21 AM ]
[ edited by dimview on Jul 4, 2001 10:21 AM ]
posted on July 4, 2001 11:01:12 AM new
There's a link to the moderators on the left column of the "Other Online Auctions" listings, or you can simply send an e-mail message to [email protected] .
I've always been puzzled, though, by folks getting themselves in a tizzy over the messages of others. Its easy to skip over them, but no, they just gotta read them, don't they?
posted on July 4, 2001 11:38:48 AM new
Hey Dim ...
There's a few folks bashing you on "another" forum ... something about you won't tell them who you are over "there" and that makes you chicken excretement.
(Madame Moderator - This is NOT a shot against Dimview!!!!!)
I'm in a "read only" mode at all the forums of the auctionsites where I have listings, beside I have nothing to defend.
I estimated a sell-through rate of 0.8% and Bidville, which had the actual data, reported a 1.4% sell-through rate. Given the assumptions I had to make, an error of 42% seems rather remarkable.
So the forums are a hilarious read to say the least because the inventory warehousers talk about everything *except* how to improve the sell-through rate while at the same time throwing out undefined terms like "contender" and "potential" when describing Bidville.
Pity those poor auction sellers suggesting just a few relists to keep things fresh, and getting a response of "NO, I'll continue using the Bulk Dumper".
So Bidville's gonna be a site with 660,000 listings, of which 615,000 are the over and over again listings of inventory warehousers. Auction sellers should realize that rotating 10,000 or 20,000 items isn't going to do a thing to affect the overall sell-through rate.
posted on July 4, 2001 01:08:31 PM new
OK, Dimview,I've done my figures.
Now I assume that a sell through rate would mean items sold on the first time listed. And I have come up with two ways to figure this. You decide which you feel are more accurate. First, we have agreed to your contention about inventory warehousing, so we will look at the new listings to determine a sell through rate versus first time listings.
The second method would take into account that the number of auctions listed are also being decreased by the number sold, thereby affecting the new listings figures. Thus:
Overall averages are 109.26% or 52.21% respectively for that four week period.
So numbers could be made to show whatever you want them to. So if you are trying to compare ACTION at a site where inventory warehousing is possible, and where it is not, you have to throw out the warehoused numbers to get a better picture. I am not claiming that Bidville has anything close to the sales that Ebay does. I am trying to show how it is not feasible to compare them without a weighting allowance.
Now I know you will have a field day claiming these numbers are a crock, but they are just as valid as the figures that you put forth.
edited to seperate the numbers that appeared to be running together.
[ edited by jimhhow on Jul 4, 2001 01:25 PM ]
posted on July 4, 2001 01:12:50 PM new
Those numbers are the same numbers an used car salesman once gave me. Almost like he would pay me to take the car.
posted on July 4, 2001 01:34:08 PM new
Hey bidsbids ...
I recall a gasoline price war that occurred here a few years ago. Two competing service stations located across the street from each other decided to have a go. By the end of the day, the price at the pump for both stations had dropped to zero ... that's right ... FREE GAS!
Then one decided to offer coupons in addition to the free gas. Right about then, the cops came along and broke up the party. Something about a mile of traffic going in each direction trying to get to the pumps. From a fire safety POV, it was pretty scary. All kinds of people were arriving with every possible type of container to fill up with the free gas.
What's the relativity of this to the recent rash of auction numbers posts?
Absolutely none ... which is about the same thing these threads mean.
Professor Heinrich Van Dusseldorf the 3rd, King of All Things Mathematical and the real inventor of the abacus AND the slide rule just phoned to say "you're all wrong ... every damn one of ya".
I think 'they' got ya Dim ... back to reporting the dismal Yahooooooooo numbers now, that nobody disputes ... OK ... PLEEEEZE?
posted on July 4, 2001 01:47:15 PM new
Dimview, I took the numbers from the chart as posted by Bidville earlier this week. I realize there is a margin for error in this due to the fact that the numbers of listings posted by Bidville were rounded off, and the sales were not. So I have to accept that they are aprroximate.
However, their post showed 5/16-5/23 to be 611,000 listings, and 5/23-5/30 to be 622,000.
therefore the 11,000 difference. But I personally feel more confident with the second method that takes sold auctions into account against the new listings number.
posted on July 4, 2001 02:22:33 PM new
As I explained, That number is arrived at by adding the new listings togethr with the number of sold auctions. This is the second method I mentioned.
That method considers that the total auctions listed number would have also increased by the number of auctions that were sold. But because they are now sold, they do not show up in the total. Indicating that there were really 22,793 new listings that week. However the figures after subtracting the sold auctions would only reflect a differnce of 11,000.
To be honest, I don't know whether or not the Bidville numbers took this into account previously, so I did it both ways.
posted on July 4, 2001 03:00:33 PM new
As RB once said, "Numbers" yada, yada, yada,
This is bursting my brain trying to decipher all of this intelligence. It is a shame to waste it on a message board. Hillbilly
posted on July 4, 2001 03:40:42 PM newwhat is your basis for assuming the a sell-through rate means all the items sold were first-time listings?
Now that is the funniest thing I've ever read on these boards. I think his basis would be your incessant persistence that none of the warehoused inventory ever sells.
.
.
.
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incessant relisting
.
.
.
Is there a mirror in your house anywhere?
posted on July 4, 2001 03:42:38 PM new
jimnhow, if your numbers are even remotely correct about the sell-thru rate then it's showing that some of those old listings are being sold, which is very good news, indeed!
