posted on October 9, 2000 06:56:06 AM new
By all means I am not advertising for them but those figures amazes me. I don't know why Auction Watch doesn't create a chatroom for them. I think they'll be the next ebay!
posted on October 9, 2000 08:03:30 AM new
Right now about the only things selling are to other sellers...and mostly the lower priced items...but who knows???
posted on October 9, 2000 12:29:32 PM new
THE NUMBERS ARE IMPRESSIVE BUT OVER 50% ARE FROM 2 USERS SO IT IS SOMEWHAT DECEPTIVE. IF YOU PUT UP A DUTCH AUCTION OF 1000 DOODADS THAT COUNTS AS 1000 AUCTIONS.
I AM NOT TRYING TO CUT DOWN THE SITE BUT THEY SHOULD SPEND SOME MONEY ON MARKET RESEARCH IF THEY REALLY WANT TO GROW. ONLY A HANDFUL OF PEOPLE ACCOUNT FOR PROBABLY 75% OF THE LISTINGS AND YET THEY BOAST OVER 2 MILLION PEOPLE ON THE SITE.
WITH 2 MILLION PEOPLE YOU'D THINK THERE WOULD BE MORE THAN JUST A FEW BOARD MEMBERS BIDDING. I SOLD A COUPLE THINGS BUT NOTHING LIKE EBAY OR AMAZON. THEY ARE FREE THOUGH.
posted on October 9, 2000 01:42:22 PM new
I've sold more on there in two weeks than at ebay in a month! Plus some of my bidders also bid on my ebay auctions! So, I guess it pays to advertise.
Sellers worked very hard to post the listings. Bidders are in a frenzy. If you add up all the little sales and come up with the same $ amount as you would have made from one big sale, so what? It's just as easy to sell 100 $1 items as it is to sell one $100 item.
And the listings fees are nonexistant until October 31.
posted on October 9, 2000 02:14:38 PM new
It is okay for Bidbay to have giveaways and be a new site but IMHO it is not smart to pad the numbers with listings that are just to win some game and that will disappear when the contests disappear. (i.e. about 900,000+ listings (DUTCH) in food items and sportscards, many of which were inflated to $1 to qualify for prizes.)
I do not understand how serious sellers who do not participate in contests can support these practices, especially ones who have been around awhile. I cannot imagine many new buyers being impressed. If they do have 2 million users - most of which are grandfathered in from a games site where people have to be 13 and up - where are all the buyers?
The site may have good intentions and generous owners but they are going about this in ways that raise integrity issues. Check out the feedbacks of the top sellers who have been there awhile and see how many of them have done business with more than 40-50 people in a few months timespan. Now compare those ratings of serious sellers at other sites. There is just no serious marketing to new, non-message board buyers.
If you can find more than 5 sellers out of 2 million users who have sold to more than 50 people and at least HALF of those people are not message board posters or sellers themselves, post here. I take that back. Find 3. If a site is going to claim it is number 2, it had better have some sales records to show it.
posted on October 12, 2000 05:45:11 PM new
selling2profit
Your post is very true. It is really just a lot of hot air over on bidbay. 2 million users? I hardly think so. It seems that only a small group of over excited users make up the bidbay community. The prizes and promises are worthless and seem to have been won mainly by the same user. How about this feeble fable of them striking a million dollar deal with a Nazdaq company. Yes, thats really how they spelled nasdaq when that fairy tale was posted in their chat room.
I wonder if they are affiliated with golds? 75 percent of golds listings are posted by only about 4 or 5 users too. I dont see why these sites waste their time and money? They have no chance of becoming even a fraction of the next ebay, as a few cheerleaders seem to beleive. The auction market has changed and settled into place at this point. Those that are going to make it already have.
