posted on October 21, 2000 04:17:20 PM
Is there anywhere that Ebay posts the % of auctions that end with a winning bid? It use to be on the home page,but is not there any longer.
I would guess 35% from looking in the categories I buy and sell in.
posted on October 21, 2000 08:12:58 PM
50% is the accepted number on the "street" for ebaY. - Rosalinda
TAGnotes - daily email synopsis about the Online Auction Industry http://www.topica.com/lists/tagnotes
posted on October 22, 2000 12:24:05 AM
Does that "70%" that Meg claims mean first listings only or everything that's ever listed, regardless how many times it's listed before it sells?
posted on October 22, 2000 05:56:36 AM
I would have to agree that the 70% figure refers to the percentage of items that "eventually" sell. (in other words, 30% of the items listed on Ebay go unsold and are either moved to another auction site or discarded)
Obviously, results will vary by seller and category. The person that starts all auctions at .01 with no reserve will have 100% closure on first listing.
Our results are:
30% - 35% Sold on first listing.
50% - 55% Sold within two listings.
70% Sold within three listings.
And so far 100% sold eventually, though some items were relisted 5 or more times.
posted on October 22, 2000 12:59:12 PM
I dont know I am fairly new to selling on ebay low feed back and all but My results havent reached the 50% of listed items selling.
sales seem to be running in surges one week I can list 20 items and only get two sales the next week I can relist the 18 remaining and several new items and sell a third of them.
70% is a bit of a strerch but 50% is very good when you concider the amount of item listed.
anytime someone can offer me a 50/50 chance at least it gives me a good sporting chance.
posted on October 22, 2000 04:27:27 PM
I think Meg should check her facts on this one. Perhaps in the old days when you could get $20 for a cup of coffee on ebay, but I would say that the sell thru rate has dropped off significantly. For one of my products, I used to have a sell thru rate in the 80% range. Now I'm happy at 30%. At this rate, I have been dropping my items from ebay and have listed them on Amazon and occasionally as Yahoo. I can afford to have them go around a few times without having to pay all those quarters.
posted on October 22, 2000 04:39:14 PM
My experience mirror's celebrity's. Used to sell about 80% first time through. Now I sell about 50% or so- and at lower prices than just a year ago.
Categories are saturated. Previous buyers have become sellers. There are twice as many items on eBay as just a year ago. Bulk lising tools have allowed sellers to list thousands of items at one time. The large B&M collectible dealers have gotten into the game in a big way in the past year.
Folks used to seriously consider leaving their day job to sell online. No more.
