posted on January 4, 2001 05:33:34 AM
On January 10, 2001 Yahoo! Auctions will introduce listing fees for sellers. We believe that this will improve the overall quality of our listings and make it easier for buyers and sellers to connect and transact effectively on Yahoo! Auctions. The free listing policy on Yahoo! Auctions has
attracted a great variety of items, some of which might be more appropriately listed on
other Yahoo! services such as Yahoo! Classifieds, which remains a free platform.
Fees will be set on a sliding scale based on the start price or reserve price of the item, and will range from $.20 to $2.25. Our listing fees are lower than those of other fee-based online auction services -- you'll
continue to get great value for listing your items on Yahoo! Auctions. In addition, we will not be charging a closing fee or taking a percentage of the final sale.
Over the past few months we have taken many steps to upgrade the quality of the Yahoo! Auctions experience. We are dedicated to providing you with the best auction environment for selling and buying online.
Click here for more information about our listings fees: http://auctions.yahoo.com/phtml/auc/us/promo/fees.html
Please don't hesitate to contact us with any questions at : <[email protected]>
posted on January 4, 2001 07:15:36 AM
In the category books/entertainment/music, number of items: 1049. Number of items with bids: 21. Percentage with bids: 02%
Antiques/Collectables/Clocks & Timepieces/Clocks, number of items: 3971. Number of items with bids: 80. Percentage with bids: 02%
Software/PC/Business/Other, number of items: 1599. Number of items with bids: 32. Percentage of items with bids: 02%
Correct my math if I'm wrong here, but I think y'all get my point here. The average # of items with bids is... 02%!!
The reason they won't think about going to a FVF is because they would only garner 2% of what they THINK they would get by charging the listing fee.
It's pretty plain to me that Yahoo ain't working whether they charge or not. I've not sold a thing on there yet (though I've only just begun listing there). But reading the previous threads, looks like not a lot of others sell anything there either.
Just my opinions!
posted on January 4, 2001 07:21:47 AM
I make enough on Yahoo to make it worthwhile ONLY as a freebie.
If I had to pay posting fees for everything I put up there, the profit margin would do a serious nose dive. The buyer market is just not there to support Yahoo sellers on a pay-to-list basis.
posted on January 4, 2001 07:29:19 AM
I've listed my "clearance" items on Yahoo. I list on ebay, and relist on ebay. Then I clearance my items WAY down (we're talking $3 on many items) and list them on Yahoo. Usually only after several weeks do I even get any bids - and believe me, the bids are minimal. No way would I PAY to list my items on Yahoo. It's just not worth it. It was barely worth my time & effort when it was free. I can see paying FVF's if the items sell but that's it.
posted on January 4, 2001 12:39:04 PMThe reason they won't think about going to a FVF is because they would only garner 2% of what they THINK they would get by charging the listing fee.
bassicbrian gets my vote for this quarter's Perspicacity Award.
In Victorian times what Yahoo's doing would be called "trying to improve the situation" - i.e., telling someone who's lost a foot how lucky he is; after all, now he'll only need to buy one shoe.
