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 dimview
 
posted on July 1, 2001 10:31:29 AM
I'm not going to go through these extensive calculations too often, but here is a breakdown of sell-through rates for each category at Bidville, and the overall auctionwide sell-through rate.

For the largest subcategory in each group, the first number are live auctions; second number is closed auctions with bids for the period April 27 to date; the third number is the average weekly closed auctions with bids; the fourth number is the average weekly sell-through rate.

So here we go:

Antiques and Art 468 | 1 | 0.108 | <0.01%
Beans and Plush 7,279 | 2,200 | 238 | 3.3%
Bidville Motors 89 | 1 | 0.108 | <0.01%
Books and Movies 13,218 | 100 | 11 | <0.01%
Coins and Stamps 6,236 | 15 | 2 | <0.01%
Collectibles 2,399 | 300 | 32 | 1.3%
Computers 726 | 24 | 3 | 0.4%
Crafts and Hobbies 775 | 100 | 11 | 1.4%
Dolls and Figures 882 | 75 | 8 | 0.9%
Jewelry and Gems 650 | 48 | 5 | 0.7%
Mature Audience NA
Miscellaneous 1,926 | 450 | 49 | 2.5%
Music Stuff 1,838 | 212 | 23 | 1.3%
Photo 177 | 18 | 2 | 1.1%
Pottery and Glass 1,715 | 103 | 11 | 0.6%
Sports Stuff 43,833 | 2,800 | 302 | 0.6%
Toys and Games 2,927 | 125 | 14 | 0.5%

Total 85,138 | NA | 711 | 0.8%

Bidville currently has 660,925 live auctions in 2,303 categories, by following

16 / 2,303 = 0.7% of categories

we are able to obtain a "representative sampling" of

85,138 / 660,925 = 13% of listings.

That would suggest that the Bidville's overall sell-through rate is likewise 0.8%.

[ edited by dimview on Jul 1, 2001 10:35 AM ]
 
 gottaknow88
 
posted on July 1, 2001 12:11:09 PM
You see Dimview! My doubts about your accuracy pushed you into digging deeper. And when you did, you now revise your sell through from .2% to .8%

I don't know if it is correct now or not. But, you admit that your original estimate was off by 400%. That was my point.



 
 dimview
 
posted on July 1, 2001 12:20:20 PM
I stated that my earlier estimates were based on a just a few categories, this number is quite generous because it assumes that less populated subcategories enjoy the same sell-through rate.

I have no problem with either number, both are < 1% which is fine with me.

And, gee whiz, do you think the resoundingly successful $1-SALE just might have pushed the numbers up a bit?


[ edited by dimview on Jul 1, 2001 12:26 PM ]
 
 bidsbids
 
posted on July 1, 2001 12:22:42 PM
Almost 1%! That might go down a tad as the dollar sale ends soon and the sale's 16% rate no longer inflates that 1% figure.
 
 
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