posted on July 12, 2001 11:45:09 AM new
I've sorted the 1,000+ $1 sale items by bids every night for the past week. There have never been more than 33, a far cry from the 43% bid rate of the Phase I sale. Obviously the bidders didn't find it "fun" enough to keep searching for it (or much else).
Think the front page link gone, the $1 special option line from advanced search gone, links within the ads pointing to other $1 specials disabled and the site sending emails that it ended 7/2 have something to do with it? Perhaps bidders are awaiting their emails of the next "special" before checking back?
Since all that seems to matter to most here is "fun" over profit at least you had a good 2 weeks before the downturn.
posted on July 12, 2001 11:59:17 AM new
kasmoon >
Obviously the bidders didn't find it "fun" enough to keep searching for it (or much else).
The much touted new buyers have evaporated like a drop of water on a hot pavement.
If I were the Bidville Cheerleaders I'd see this latest weekly report as a reality check, and along with the auctionsite's supporters that recognize corrective measures are needed, address the situation, rather than trying to throw up a smokescreen *here* at every turn.
posted on July 12, 2001 12:53:31 PM new
stockticker >
Look at the stats for eBay:
It's the summer doldrums coupled with the July 4 holiday.
There will probably be a decline in eBay's sell-through rate due to the free listing day when I'm told two million items were listed.
The "summer doldrums" are in there too.
Isn't the real question what the stats would have looked like on BidVille without the special promotion? No one knows the answer to that for sure.
The $1-SALE likely had minimal effect on the overall numbers, because 6,000 $1-SALE listings among 600,000 listings is only one percent, and if you looked at the weekly report posted at Bidville you really cannot point the a line (or two) on the table say "that's it."
posted on July 12, 2001 07:04:18 PM new
That's fine... Now I'd like to know if anyone knows (anyone other than dim please) what impact the tragic death of Dale Earnhardt had on sell-thru rates at Yahoo and eBay? Should those figures be included or not? Also... have the sales increased or decreased since then?
I sure know my sales went from weeks without a Yahoo Buyer to daily bidding activity for about a month and a half, then things started slowing back down.
"because 6,000 $1-SALE listings among 600,000 listings is only one percent"
dimview, again... you presume MUCH in your findings. Are you saying every item sold for $1? Please clarify because that statement is not only incorrect, but ridiculous.
Now... Where are the breadsticks? I bet you are counting them aren't you dim
Surely you don't think the difference between last week's stats and this week's stats are statistically significant do you? Maybe you should define this term for us and calculate whether or not they are?
But that would take complex statistical analysis which is beyond your averaging intellect. Now prove me wrong and explain if it statistically significant or not.
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posted on July 13, 2001 06:03:56 AM new
cuff >
dimview, again... you presume MUCH in your findings. Are you saying every item sold for $1? Please clarify because that statement is not only incorrect, but ridiculous.
The sentence
The $1-SALE likely had minimal effect on the overall numbers, because 6,000 $1-SALE listings among 600,000 listings is only one percent,
does not mention dollar values at all, rather listings -- $1-SALE listings as a percentage of total listings.
posted on July 13, 2001 06:38:06 AM new
"...I'd see this latest weekly report as a reality check..."
No reality check needed for me. The dollar sale completely met my expectations. I expected...
*some buzz to be generated,
*the sellers to come together and work as a group,
*some not to follow the rules,
*a lot of the sellers to bid on each others listings,
*some new buyers to register and bid,
*most of the auctions to close with one bid,
*some to close with multiple bids,
*a lot of sellers would be happy with their results,
*some would be disappointed,
*positive comments about the event,
*negative comments about the event,
*a sharp decline in the bidding.
posted on July 13, 2001 08:54:00 AM new
I follow two others -- ePier (quite often because I have some listings there) and SellYour Item.
ePier posts their "sales history" on an irregular basis, which seems to be updated every few days. Here's the most recent three seven-days ending sell-through rates:
July 2, 1.6%; July 7, 1.4%; July 10, 1.6%.
SellYourItem does not report on closed auctions, so the sell-through rate is estimated by searching closed auctions, and approximating total closed auctions and total closed auctions with bids. Here's the most recent estimation:
posted on July 13, 2001 11:41:07 AM new
I sell on Bidville as well, and I was just curious as to why you seem to have a negative attitude toward Bidville.
posted on July 13, 2001 12:00:03 PM new
Because it isn't eBay?
I don't believe anyone selling and buying on a site would cut their own throat deliberately. What purpose would it serve to sell at a place one is constantly going out of ones way to badmouth. I don't buy it. I think it's all BS.
NO ONE could maintain auctions across several sites AND spend SO much concentrated effort on trashing BidVille.
posted on July 13, 2001 12:13:51 PM new
You might be interpreting critical review as negative attitude.
I began two threads with messages titled Bidville's relisting syndrome and ePier's relisting syndrome. The one regarding Bidville received lots of replies, the other on ePier much less.
There's Bidville Cheerleaders, who throw up smokescreens to every unfavorable comment; there doesn't seem to be comparable ePier cheerleaders and discussions are just that, discussions.
posted on July 13, 2001 12:18:10 PM new
Well, look at it from another's viewpoint. I see that you generously post statistics on epier and bidville. Your epier stats have a very objective subject line, but your bidville stats have a subject of "Yikes! What happened?" The epier stats were flat, and bidville showed a small decline.
posted on July 13, 2001 12:40:03 PM new
yankeejoe >
Well, look at it from another's viewpoint. I see that you generously post statistics on epier and bidville. Your epier stats have a very objective subject line, but your bidville stats have a subject of "Yikes! What happened?" The epier stats were flat, and bidville showed a small decline.
They were NOT my statistics, they were accumulated by Bidville and posted by Bidville to their auctionsite. I just asked Yikes! What happened? because the Bidville Cheerleaders had been telling us during and immediately after the $1-SALE about all those new buyers and they seem to have disappeared in just one week.
I agree. ePier was essentially flat, Bidville had a small decline.
But, please, let's leave the Emperor's New Clothes in the Books > Fiction > Children category.
posted on July 13, 2001 12:49:03 PM new
If you agree with what the statistics are saying, then what is the problem with my statement? Bidville showed a small decline, and epier was flat, yet your subject lines for the posts were dramatically different. That implies that you have a bias.
Now being that I have never sold on epier, I have no bias against it. Why anyone would go through the trouble to discredit a site is beyond me, especially since you sell on them as well.
posted on July 13, 2001 01:04:28 PM new
I can see the negative tone in DV's posts but think she is trying to point out some problem areas. If you attend a public school for instance and it has a lot of problems areas that need to be fixed then you bring them to the schools attention and if there is no satisfaction you bring them to the public's attention. If the problem areas require money outlays and the school district is low on funds then you are beating a dead horse.
My view is that many sellers were doing very well on Yahoo up till the listing fee startup and many are still bitter that a fairly comparable free site never arose to replace that busy-but-almost free venue.
posted on July 13, 2001 01:08:11 PM new
yankeejoe >
If you agree with what the statistics are saying, then what is the problem with my statement? Bidville showed a small decline, and epier was flat, yet your subject lines for the posts were dramatically different. That implies that you have a bias.
What *specific* subject titles are you referring to? If its only Yikes! What happened?, I thought that was FUNny, especially after all the hype from the Bidville Cheerleaders.
Now being that I have never sold on epier, I have no bias against it. Why anyone would go through the trouble to discredit a site is beyond me, especially since you sell on them as well.
The bottomline, I'm looking for *profitable* closed auctions from listings that don't have to relisted over and over again waiting for an eventual buyer, and for those auctionsites that aren't there yet, a plan for getting there.
posted on July 13, 2001 03:01:25 PM new
Does anyone really care what a person who is reported to have no "real" auctions, and whose only goal in life is to attempt to single-handedly sink BidVille thinks or wants?
Talk about funny! No, wait... pathetic is a better description.
Your comments are insulting and disruptive. After many warnings, your posting privileges are suspended for 15 days. You are eligible to apply for your privileges to be reinstated on July 28.
