Home  >  Community  >  Other Online Marketplaces ...  >  Another NON-PAYING BUYER. WHY ME?


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 bidsbids
 
posted on June 2, 2002 08:34:07 PM new
I'll take a random sample of 200 BV auctions and see what the levels of paying BV sellers are doing. I'll take one bidder with several running auctions and see what the range of numbers is over a 10 day period. From that range I'll pull 200 random auctions ( or more if repeat sellers are pulled ). That sounds a little more random than DD's method.
As the BV suggestions, I did the same exact thing you did. ( without return letters from BV ) I'd make a suggestion and a day or two later my suggestion was part of BV. Time after time. And I'm sure that there were hundreds of BV users that did the same thing I did. I still consider it at least somewhat delusional for someone to think they shaped BV alone with their suggestions.
I think Dimview is an excellent statistican, maybe one of the best in the world. I think that Dimview has had a lifetime of being harassed by people that had only an IQ that was half of hers. Many people hate to see someone that smart and clever.
BV is doing the best it can in a bad situation. There is no real revenue and yet they have to endure the protests about no advertising from an ungrateful group of sellers. BV has to watch eBay grow stronger and stronger and can do nothing about it. BV has to try to come up with a way to pay their bills every month. Considering all of the stuff it has to contend with it is doing okay.

 
 bidsbids
 
posted on June 2, 2002 10:27:37 PM new
I've pulled 40 different sellers so far and have 18 that are only verified and 22 that have a premium sellers account of some kind ( 13 Premium : 8 Premium Plus and one Premium Gold )

If those figures were multiplied by 20 to get to 800 seller accounts that would be 360 sellers that only pay $5/yr for $1,800 and 440 sellers that pay roughly $85/yr = $37,400 or $39,200 total per year from memberships.

I now agree with DareDevil that I was biased in the precentage of sellers actually willing to pay $65/yr at a minimum ( $5 x 12 months = $60 + $5 verification ) and my 10% guess was way off and should have been 50%.

Still .... $39K before expenses isn't much and leaves nothing for advertising. It's a wonder that BV can hang on at all.

 
 auroranorth
 
posted on June 3, 2002 04:39:55 AM new
Epier says they are buyer ad time nationally
I have seen sales start to climb there.

 
 RB
 
posted on June 3, 2002 11:37:29 AM new
RHB wrote, in part: Well that was a breath of fresh air knowing that ...

In every clear sky, there can be found a cloud; for every breath of fresh air, someone f@arts, and for every piece of good news, there is bad news.

Whew ...!

Here's my good news today. I got an email that had the words "Frederick's" and "blow" in the subject header.

Here's the bad news to go with that good news. I truncate subject lines and when I expanded it, it read: "Frederick's" is having a "blow"out sale

Damn ... came this { } close ...



[ edited by RB on Jun 3, 2002 11:38 AM ]
 
 deichen
 
posted on June 4, 2002 10:50:26 AM new
Great posts! It certainly gives alot of information and makes one wonder what will happen. I have to agree that Yahoo is basically dead at this point. Bidville does not seem willing to step up and take on the next level (advertising and making the site better).

 
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