posted on July 1, 2001 06:00:01 PM new
Isn't there a rule about relisting the same topic over and over again on these message boards? For someone who despises relistings, you certainly are a relister.
And once again your math is flawed because some auctions run 10, 20 and even 30 days so they would not be relisted every 7 days.
posted on July 1, 2001 06:18:30 PM new
Yes, Dimview relists and rants and bashes. He obviously has a problem coming to grip with the reality of a free site and numbers call out to him.
posted on July 1, 2001 07:00:31 PM new
Dimview,
I was wondering? If the Prez. comes back
and admits your close or right on the button. What happens then?
posted on July 1, 2001 07:02:24 PM new
From bidville:
"1 and 3 day auctions can only relist one time. All others can relist ad nauseum."
This further skews your data to the right away from 7 day average and toward 20 or so. And, since a 30 day auction is 4 times longer than a 7 day auction, one 30 day item will skew four 7 day items to an 11.6 day average length.
posted on July 1, 2001 08:09:22 PM new
gottaknow88 >
"1 and 3 day auctions can only relist one time. All others can relist ad nauseum."
Is there anything that would prevent an inventory warehouser from simply uploading a batch of one day auctions, with one relist, every other day?
This further skews your data to the right away from 7 day average and toward 20 or so. And, since a 30 day auction is 4 times longer than a 7 day auction, one 30 day item will skew four 7 day items to an 11.6 day average length.
(7 + 7 + 7 + 7 + 30)=58/5 days = 11.6 days
Since there are 1, 3, 5, 7, 10, 14, 20 and 30 auctions, what would the average be if there were equal numbers of each.
Let's say that the average was 11.4 days, then the sell-through rate would be
(0.8 x 11.4) / 7 = 1.3%
And if ALL auctions were 30 day auctions, then the sell-through rate would be
(0.8 x 30) / 7 = 3.4%
So I checked the all the newly featured auctions on the homepage and found the average to be 8.1 days, so the sell-through rate would be
(0.8 x 8.1) / 7 = 0.9%
We really need a BIG fudge factor, don't we?
And shouldn't we decrease the sell-through rate because some reserve auctions closed with bids, but did not really sell because the reserve was not met?
posted on July 1, 2001 09:48:50 PM new
err,... DIMVIEW, then what is going to keep an inventory warehouser from uploading his bulk loader every seven days if Bidville did go to no relists for free users?
posted on July 1, 2001 09:55:22 PM new
Also, when you start looking at all the different factors to determine the duration for the sell through rate, don't you have to take leap year into account also. (just kidding)
Seriously though, I mean couldn't you also justify an adjustment to that to allow for the take it now instant closings.
I van tell you, with certainty, that Bidville is slowly picking up more bidders. I believe anyone there can say there is some improvement, though I am sure there are many that wish it were more. But the truth is, Bidville is moving, albeit slowly.
I am also curious, when you look on Ebay for postcards, do you search every listing on every page in the category? Or do you hit your favorite sellers, and occasionally browse around?
posted on July 1, 2001 11:14:26 PM new
jimhhow >
jimhhow >
err,... DIMVIEW, then what is going to keep an inventory warehouser from uploading his bulk loader every seven days if Bidville did go to no relists for free users?
Maybe the Bulk Loader should only be available to Premier and Premier Plus members; there wouldn't be a comparable Bulk Dumper for inventory warehousers. They'd have to enter everything manually.
Also, when you start looking at all the different factors to determine the duration for the sell through rate, don't you have to take leap year into account also. (just kidding)
Actually, yes.
Seriously though, I mean couldn't you also justify an adjustment to that to allow for the take it now instant closings.
On thinking about this, the methodology of taking the number of closed auctions with bids and dividing by the number of total auctions for that week, is independent of the duration of the auctions themselves.
A sell-through rate would actually measure the number of auctions that closed with bids and divide by the number of auctions, thus considering the duration of the auctions themselves.
I've always maintained these are approximations, and the two ratios would only be the same if all the auctions were of seven days duration.
I van tell you, with certainty, that Bidville is slowly picking up more bidders. I believe anyone there can say there is some improvement, though I am sure there are many that wish it were more. But the truth is, Bidville is moving, albeit slowly.
Probably best measured in geological time.
I am also curious, when you look on Ebay for postcards, do you search every listing on every page in the category? Or do you hit your favorite sellers, and occasionally browse around?
I usually click through an entire category, but sometimes just have time for a few keyword searches.
I don't have any favorite sellers, but when I find something interesting I'll take a look at the seller's other auctions to see if there's anything else of interest to me.
posted on July 2, 2001 07:29:51 AM new
(Copied from above)
See Newest Featured Items?
Good, click on the first one.
I get item 3512250, started on 7-1-2001.
Now see the little pictures under Featured Gallery Items... Ending Soon?
(end of copy)
MAYBE this is the reason the numbers you are coming up with aren't what we are seeing at Bidville as sellers.
From what I can tell above... you are going by FEATURED auctions. The ones that you PAY to have listed. I put most of my pictures in the gallery (wich you pay for also) but FEATURE (higher cost) very few. MOST auctions are NOT featured and would not show up in your statics. I don't see a place that lists "new auctions" overall or averall auctions "ending soon" You could list an auction to find the number of the latest auction. Not sure where to get the other number you need. Going by only featured auctions would put you WAY off on % though... unless I misunderstood where you were getting your numbers.... wich COULD be...
posted on July 2, 2001 07:43:21 AM new
Bidville assigns items numbers in order, the "featured" areas of the homepage are excellent for determining how many items have been listed from week to week.
I have an idea, why don't you insert a listing without featuring it on the homepage and then report back with the approximate item number.
Then we can go about making a few more assessments.
