blairwitch
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posted on November 6, 2001 10:28:03 AM new
I think it will big time. Any thoughts?
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holysmokes
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posted on November 6, 2001 11:06:56 AM new
The Prez has done more to hurt his own site. Yahoo will just be another iceberg for the sinking ship to hit.
And the band played on even as the icy waters broke over the bow.......
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RB
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posted on November 6, 2001 11:12:49 AM new
Their new fee structure could hurt eBay ... for awhile anyway.
It's actually kind of funny watching the herd move back and forth between eBay and Yahoo. Bit players like BidVille don't affect either one of these big venues.
The problem with Yahoo is they are becoming known as the venue where anything goes. There are currently thousands of listings on Yahoo for illegal items, and many of their selling members are even bold enough to include "this is an illegal bootleg" type statement in their listings.
It's bad enough that Yahoo supports this slime, but really bad when they actually advertise these illegal listings on their news and entertainment pages!
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bidsbids
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posted on November 6, 2001 11:21:51 AM new
It should all but wipe it out, especially with the promised media blitz about all of Yahoo's shopping venues. The new fees should even cause eBay's listing to dip by over a million over a six month period. The token nickel listing fee should effective in keeping the VERY low priced items like baseball card commons off Yahoo and on BV.
The ratio of sportcards to other items should rise again.
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stavecards
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posted on November 6, 2001 01:38:40 PM new
Bidsbids,
Not sure that I would go so far as to say it will wipe it out, but this will definitely hurt Bidville and just about all of the smaller sites.
I will be looking to access the change two ways. One will be the total number of listings and the other will be the quality of listings / sellers.
The drop in total listings may not be drastic. There are many sellers who may still not want to pay even a $0.05 listing fee. Also we don’t know the true extent of the number of listings of the very low priced items (including the widely discussed common cards). This has been debated numerous times, but this change may give a true indication of the number of very low priced items. Also the sellers who have 1000’s of listings may not move or be very slow at doing it.
I believe the big effect will be on the quality of the listings. Since there still is a small listing fee, sellers will move their better listings and leave the listings that do not warrant the listing fee or are not worth the trouble to move. I believe that the drop in quality of listings will eventually hurt the sites more than a sheer drop in listings because this will drive away buyers when they cannot find items of value to buy. Also the better sellers tend to provide more revenue for the sites – premium fees, FVF’s, etc.
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blairwitch
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posted on November 6, 2001 05:50:31 PM new
I do think it will really hurt bidville because yahoo has a good brandname, and for only .05 for each listing you are pretty much guaranteed more traffic. I have read alot about illegal items but dont hold your breath. I worked in a video store years ago and piracy is everywhere. I admit I purchase these items and I have no regrets. If they really wanted the bootleg stuff off the copyright owners would have them sued.
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bidsbids
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posted on November 6, 2001 08:18:17 PM new
Could Mr. Orlando try a new tactic and try to take on www.beckett.com? Less than half of the listings on BV are sports related items by a very large percentage of the total BV bids received and items sold are probably those items. Why not go the niche market route? I know he tried and failed with the beanie babies niche market at nobidding.com but beanie babbies were a fad item. Sports memorabilia & trading cards have been around a long time and they are not a fad item.
Just something to wonder about .... 
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RichHillbilly
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posted on November 7, 2001 06:37:37 AM new
Yahoo had a very good auction business. I would still be there if they hadn't of gotten greedy. I had no problem with paying a listing fee on something that I sold. But they wanted to delve into the greed market like E-Bay. It surely cost them out the nose. Some people will speculate that it was the warehouse effect that caused them to do it. Well I payed $40 to $60 a month in storage fees. If I didn't feature I didn't sell. I sent them 6 e-mails trying to get them to just charge a listing fee. Nope! They had to do it the greed way. I sold $2,725.19 at Yahoo in a year, and spent on average $40.00 a month to feature. I also gave 68 Negative ratings. I have sold $3,021.65 at Bidville and spend around $9.00 a month, and have given out 24 Negative ratings. So I am better off staying put for the time being. Hillbilly
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RichHillbilly
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posted on November 7, 2001 06:40:04 AM new
I forgot to say that I have been at Bidville almost 10 months. Hillbilly
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bidsbids
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posted on November 7, 2001 08:41:36 AM new
I think you mean FVF instead of listing fee. This new setup of a token nickel listing fee should keep the under a quarter items at sites like BV as they were one of the main things that turned Yahoo into a wharehouse. This time Yahoo needed to add both a small FVF and a small listing fee to keep it from being a wharehouse of very low end items again.
I have read of your baseball card hobby collecting methods several times on BV and even though I have the highest regard for you in almost every way I think you may fail to realize that even though you may make a lot of money selling baseball cards on BV now and on Yahoo in the past, that you also must spend a tremendous amount of money on acquiring the cards in the first place. If someone buys boxes and boxes of new sealed cards in a search of a certain few cards they are looking for are they not going to have a lot of leftover cards to sell? Those leftover cards are not all profit unless you write them off as an expense for acquiring those few cards you really wanted. Consider this, many people buy large numbers of lottery scratch of tickets every day trying for a big score. When they do hit a nice payoff they often boast of their winning(s) but forget to mention how much they actuually spent to get those winnings. That's an important part of the equation to omit.
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holysmokes
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posted on November 7, 2001 09:26:27 AM new
I think the answer is already being shown. Members there are already talking about moving some of not all of their auctions over to Yahoo to test the waters. I wonder how long they will stay at Bidville after they even have a 20% sell rate at Yahoo. 20% Being 19.5% more than they are doing now.
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ahc3
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posted on November 7, 2001 10:22:46 AM new
I think it will. Lately, Bidville has been bad for me, I was thinking about killing off my auctions there. I already stopped the premium service at $10 per month, I have about $400 in credits at the moment, and will use those up. At 5 cents per listing a 2 cent FVF, it makes Yahoo worth a try for the stuff I list at Bidville now. I just wish they would have gone this route last year before destroying their site. I think a lot of people would have stayed with those rates. Now they have to get those people back, but I certainly will be back to try.
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YourDesigns
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posted on November 7, 2001 10:50:12 AM new
Do we really think that lower fees alone will promote yahoo?
Before the imposed fee structure before, yahoo was NEVER as busy as ebay. Even though, I think they have superior features including what ebay didn't have at the time the blacklist.
Then there is that sniper protection by extending the auction end times.
This never translated into hurting ebay much. The smaller sites? I think there will be some affect on them.
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dman3
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posted on November 7, 2001 03:47:03 PM new
Over the winter and into spring Yahoo's new fee structure is going to hurt alot of auction sites includeing ebay.
as well there is another new Auction site out there that has beat ebay to the weekly auction TV show.
www.gruvo.com on monday had there frist auction TV show aired in cable just in NYC for now should go global in january I think this site is going to be giveing other a run for there money as well.
http://www.Dman-N-Company.com
Email [email protected]
[ edited by dman3 on Nov 7, 2001 03:48 PM ]
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bidsbids
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posted on November 7, 2001 04:06:22 PM new
You're right .. Yahoo was never near as busy as ebay. But you know what, it's a million times busier than sites like BV, Carnaby and ePier. At least Yahoo is promising to increase traffic to the auction and that is a lot better than the total silence from Mr. Orlando on the subject from Day One at BV.
If Yahoo had installed this fee structure last January most sellers probably would have never left and the few that would have left and went to no traffic third tier sites would have returned to Yahoo except for the very low end items sellers.
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RichHillbilly
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posted on November 7, 2001 05:14:28 PM new
bidsbids, no question about it. I am just a hobby person. I love the hobby and I promote the hobby. That is one reason I sell my cards cheap and have good ratings. I do work with the collector. I have several 12 and 13 year old kids that buy from me. I sell to them for 10% highbook and I pay the postage. Yes I am successful but I am not in this for the business part. The hobby part. I already did the work part when I had my two cardshops. LOL!!! Tied down all the time with no vacations. I called it Hillbilly's Day Care. LOL!!! Parents would drop the kids off and come and pick them up that evening. I think I have spent maybe close to $4,300.00 for boxes and maybe $1,000.00 for singles. Yeah! you are right. I keep the high dollar cards and sell the lower dollar cards. I have thought about getting back into it as a business. But the wifey wants me to stay home and be the housekeeper. She earns good money so whatever she wants she gets. LOL!!! Hillbilly
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YourDesigns
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posted on November 7, 2001 05:31:45 PM new
A TV show and auction site. Now why does this have FAILURE written all over it?
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blairwitch
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posted on November 7, 2001 05:45:05 PM new
bidsbids you are right about lack of advertising at bidville. He could have placed small ads in big newspapers at least, but nothing. IF yahoo does advertise the auction site and they are planning too then ebay is on thin ice. There are many powersellers preparing to jump ship come November 20th. Infact yahoo met with ebay powersellers to see what would help them. So we can thank yahoo AND the powersellers who were sick of ebay's attitude.
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timetravelers
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posted on November 7, 2001 05:59:38 PM new
I have always had great bidders on yahoo,people i would never have picked up at ebay..some people only bid at yahoo.
good timing this is just what they needed to do. Many people leaving ebay due to the checkout fiasco..one thing when bouncing all over the net many of the small sites either give you only one pic, or i have to host at another site..all time consuming..i like that yahoo gives 3 free pics fast & easy..also the counter & the fact you can see if you were added to a watchlist are two things i have always liked there..
Plus,how many times do you hear of yahoo being down? not many...add in free paydirect..i will also try more item at yahoo.good luck everyone
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bidsbids
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posted on November 7, 2001 11:19:27 PM new
The 3 free photos at Yahoo are high quality too, unlike the images at some third tier sites. Maybe it's because we are near the Christmas season shopping time but my Yahoo Auction sales are picking up now and today I sold my first item with the new Yahoo Wharehouse.
Yahoo has finally learned from both eBay successes and their own failures. The new Yahoo Shopping system is similar to ebay's in that if you can't find the item you search it has radio buttons for the other Yahoo Shopping venues. Ebay does that with the Half.com links pasted all over its site.
The new Yahoo Shopping may finally give frustrated ebayer sellers and low traffic third tier sites sellers a low cost place to sell their items.
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