RadarLove
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posted on September 2, 2002 12:23:44 PM new
As reported by BVCS:
Posted 9/2/2002 10:55:01 AM
Valued Members,
As of this morning, there are approximately 9,000 items listed in the Dollar Sale. Close to 700 of them have at least one bid for a total 7.7% current bid rate.
We hope some of those bids are yours!
Terrance
Bidville Technician
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robertsmithson
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posted on September 2, 2002 12:48:23 PM new
7.7% bidding rate on lowly $1.00 items.
Since BV has adopted the membership and verification revenue models this makes perfect sense. A 5% fvf on a dollar item would only be a nickel with a Carnaby-style revenue model.
But with management-sponsored $1 sale that has a 7-8% bidding rate it may keep sellers from leaving or giving up their $10/month membership.
Touche
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blairwitch
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posted on September 2, 2002 02:15:39 PM new
Your correct Robert. If bidville were making 5% fvf they would go in the red bigtime with this sale. 90% of the items I counted with bids end at $1.00. And now since there is a "technician" at bidville I guess we should see that description search real soon? 
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kodiheglin
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posted on September 2, 2002 02:23:18 PM new
What made me giggle is this: The email is to registered users.
"Valued Members, "
And ends up after talking about 700 bids by saying:
"We hope some of those bids are yours! "
Well, DUH. Only registered users can bid Terrance my dear.
Not a bash, just a giggle 
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RadarLove
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posted on September 2, 2002 03:04:45 PM new
As a Seller, I took it to mean he hopes some of those 700 bids are on my auctions.... I guess it's all in the interpretation, and what you want to read into it.
RL
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RB
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posted on September 2, 2002 05:35:49 PM new
Semantics can be a wild and wonderful thing on internet forums eh!
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robertsmithson
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posted on September 2, 2002 05:38:51 PM new
As to the description search being added by Terrence the Technichan.
Have you ever watched the TV sitcom Married with Children? Seems that Al Bundy decided to build a boat in his basement but never considered the fact that when the boat was finished there had to be a way to get the boat out of that basement. It's much too late to ever hope of fixing the lack of a description search and the only fix possible was made about March of 2001 when the title characters were expanded from about 48 characters to the present 75 characters.
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blairwitch
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posted on September 2, 2002 07:24:23 PM new
Robert I wonder how many new "staff members" will show up on the site? I think we all know who terrence is.
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RadarLove
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posted on September 2, 2002 07:24:27 PM new
This post isn't really about that subject. Perhaps you'd like to post your own thread, rather than derailing this one.
RL
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RadarLove
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posted on September 4, 2002 03:43:44 PM new
These are the $1 Sale stats as reported by BVCS
Valued Members,
Here are some more statistics for the current Dollar Sale:
1414 Closed Auctions
775 Closed Auctions with Bids
55% Sell-Rate on Closed Auctions
10724 Open Auctions
879 Open Auctions with Bids
8% Sell-Rate on Open Auctions
12138 Auctions Overall (Open plus Closed)
1654 Overall Auctions with Bids
13.6% Sell-Rate Overall
Thanks.
Terrance
Bidville Technician
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RadarLove
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posted on September 8, 2002 06:49:40 AM new
Posted 9/8/2002 9:40:43 AM
Valued Members,
Here are the most recent Dollar Sale Stats:
Closed Items: 2316
Closed Items with Bids: 1355
Sell-Rate: 59%
Open Items: 11278
Open Items with Bids: 954
Sell-Rate: 8.5%
Total Items: 13594
Total with Bids: 2309
Overall Sell-Rate: 17%
Terrance
Bidville Technician
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tooltimes
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posted on September 8, 2002 07:24:22 AM new
You must remember that these are $1 auction goods that mostly ended in the $1 - $1.50 range. There is very little profit if any in these low priced goods for the sellers. The vast majority of the sales have been by $1S sellers buying other $1S sellers stuff.
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RadarLove
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posted on September 8, 2002 07:43:57 AM new
If you are going to make statements like that you should probably back it up with something. Most of my Buyers are not Sellers, and most of my items have multiple bids. Unless you are a mind reader, or have an inside line to what is, or is not selling at the sale, and for what price your statement could be viewed as nothing more than simple jealousy. JMHO
RL
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RB
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posted on September 8, 2002 08:22:06 AM new
tooltimes ... although I am not a Bidville fan (nothing to do with their members), I don't understand your problem here.
This is a "Dollar Sale", so if most of the items are going in the $1 to $1.50 range, then it seems to be doing exactly what it intended to do
[ edited by RB on Sep 8, 2002 08:22 AM ]
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tooltimes
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posted on September 8, 2002 12:13:30 PM new
This is a DOLLAR SALE!. The items almost all sell go in the $1 to $1.50 range. A monkey can look at those stats and determine that. If any cheerleader can not make this simple determination then that's their problem.
There can be little or no profit ( and maybe even loses ) in these items.
The main concern of the BV management is to keep those 250 1$S sellers from ever leaving BV with their $10+/monthly dues and $5 annual fee. Almost the ONLY revenue BV makes is from these 250 sellers ( other than a few dollars from banner ads ). If these rinky-dink sales will keep the "250" happy then the BV management will run the sales even if they have to organize them themselves like the current sale.
Look at the buyers of the sale items and you will see the same old names over and over again. If a few sellers bring a few bidders from other sites then they are very rare exceptions to the rule.
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RadarLove
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posted on September 8, 2002 12:34:36 PM new
That must be some crystal ball you have there if you are able to determine what profit any Seller at any site is making.
If a monkey can determine so much, perhaps you could elevate yourself to the level of a monkey for a moment and give us some solid proof of what you are stating.
RL
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yellowbud
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posted on September 8, 2002 01:53:56 PM new
Yes, tooltimes, please do show us the proof to back your statements. I assume you have done much research, and have many statistics to prove how much profit I am making, how many multiple bids my items have received, and exactly how many of those bidders are sellers at Bidville.
Oh, are you "speculating" again?
The real question here is, exactly why is it that the happiness, and success of some Bidville sellers upsets you so much, that you would feel it necessary to spend so much time trying to convince others that they should not use the site?
Or, perhaps, you're really trying to convince yourself?
I find it amazing that (in some's opinion) such a small, insignificant, poorly managed, unprofitable site could gain so many who are obsessed with trying to get people to stay away from it!
Just boggles the brain! lol
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tooltimes
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posted on September 8, 2002 03:27:06 PM new
What the heck are those sellers selling that so fills them with such extreme glee that they made a $1 - $1.50 sale? The seller has to buy or make the auction item being sold.
Let's face it, BV is for very simple sellers that are very pleased to make a few pennies on their low value items. Perhaps it's best to isolate these poor creatures from the rest of the online auction world.
[ edited by tooltimes on Sep 8, 2002 04:32 PM ]
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RadarLove
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posted on September 8, 2002 03:42:07 PM new
You are a very insulting individual, and there appears to be no reasoning behind your comments. If you can't justify your comments, just say so. There is no need to be so unkind to the Sellers of any site. Were you not taught good manners by your mother?
To generalize all Sellers at one site with absolutely no justification or provocation is narrow minded, self-limiting and smacks of bigotry. There is no doubt in my mind that even a monkey has better manners than you do, sir.
RL
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tooltimes
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posted on September 8, 2002 04:32:27 PM new
I find it amazing that (in some's opinion) such a small, insignificant, poorly managed, unprofitable site could gain so many who are obsessed with trying to get people to stay away from it!
I never said BV was small, insignificant, poorly managed and unprofitable site. Indeed it is very large at 1.15 million offerings and very easy to use. BV has figured out how to make money on a site where the average auction item is probably only $3-$4 . The regular FVF revenue model is useless as 5% of very little is very little. Instead they have come up with optional memberships of at least $10/mo to generate their revenue. I believe that AuctionPie is also now using a similar ( though mandatory ) membership structure.
I see nothing wrong with that approach as that is probably the only way they are ever going to make money. What I marvel at is the cheerleading by the BV sellers here that make a few $1+ sales. Many will make $30 per month on their BV items and then purchase $30 on other BV items from other sellers. Almost a barter system.
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RadarLove
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posted on September 8, 2002 05:26:33 PM new
I don't see where the cheerleading comes into play. It seems that posting anything at all about BV gets the same response from you whether it's cheerleading or not. You are a very narrow thinker, and that is your loss.
I have never bartered or traded at BV, so again you are labeling others when you have nothing to substantiate your ridiculous claims. If some want to barter or trade that is their choice, although I've never seen much evidence of it at BV.
RL
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tooltimes
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posted on September 8, 2002 07:33:41 PM new
How does Almost a barter system turn into I have never bartered or traded at BV, so again you are labeling others when you have nothing to substantiate your ridiculous claims.?
You are the one that blows every little thing into a huge crises that you feel threatens BV's very survival.
Let me tell you what I think of the average third tier auction seller ( not just BV ). They are where they are at because they do not have what it takes to be at the real online auction, the Mighty ebay. They can not acquire the necessary items that sell on ebay at a low enough price to turn a profit after pay ebay it's share. So these sellers try to sell their common baseball cards and Hot Wheel toys and baby clothes on sites that do not charge very much or nothing at all. That's fine, it's better than not selling at all. The true envy is from these sellers that can only make a few dollars per month at the very low traffic sites with their very common goods that everybody else seems to have for sale also.
To brag about the successful sale of a dollar sale is almost sad.
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yellowbud
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posted on September 8, 2002 09:15:28 PM new
Tooltimes, and you are obsessed with doing away with these, poor, pitiful smalltime sellers because...?
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RadarLove
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posted on September 8, 2002 09:27:27 PM new
I think you are in the wrong forum. This thread is about BV, not ebay.
Why does it concern you so? Are you threatened when people seem satisfied? How does it affect you personally? It seems very petty for you to be doing this, but to each his own. I hope you are very happy being so narrow minded, and bitter at the satisfaction of others. You can pretend it is everyone else who is pathetic, but no one is hounding you in the ebay forum from BV, are they?
RL
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yourdesigns
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posted on September 8, 2002 09:45:16 PM new
It's so nice to have bidsbids back.
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RadarLove
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posted on September 12, 2002 02:58:25 PM new
As posted by BVCS:
Posted 9/12/2002 5:56:43 PM
Valued Members,
Here are the updated statistics for the Dollar Sale:
Open Items: 10,482
Open Items with Bids: 759
Open Sell-Rate: 7.3%
Closed Items: 3,981
Closed with Bids: 2,146
Closed Sell Rate: 54%
Total Items: 14,463
Total with Bids: 2,915
Overall Sell-Rate: 20%
Thanks.
Bryan
Bidville Administrator
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barparts
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posted on September 12, 2002 07:40:57 PM new
The closed bid rate is quite flawed. It only counts auctions that actually end. It does not include auctions that ended then automatically relist. If you include those auctions, the actual sell through rate is less than 5%.
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blairwitch
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posted on September 13, 2002 10:39:42 AM new
barparts I know the stats are flawed, but its very hard to explain it to people who will not accept it. The sell-thru rate never cracked 10%.
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emak
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posted on September 14, 2002 07:56:22 AM new
Keep in mind that unlike other sales, this sale IS going to end today, Sept. 14th. Any items listed for the sale were automatically adjusted to end today even if that's not how they were listed. So the stats that are displayed should be fairly accurate, even if some of the items re-listed once during the sale.
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RadarLove
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posted on September 14, 2002 08:30:01 PM new
Stay tuned for the REAL BidVille $1S stats as reported by BVCS..........
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