posted on January 5, 2001 08:42:33 AM new
their postcard auctions, or at least did not relist them?
You see, I've bought eight postcards in the last two weeks ... you know ... that "cheap junk" some folks are talking about. All that talk about quality being directly related to dollar value makes me chuckle because I'm finding these postcards to be excellent additions to my fledgling collection.
Well, anyway, last night I browsed on keyword "postcards" and there were 14,913 listings. This morning, its down to 14,067, or 5.6% fewer listings.
Yes, folks, looks like the exodus from Yahoo!Auctions is already underway.
posted on January 5, 2001 08:45:16 AM new
I did and am. I had close to 1000 auctions using 3 different user ids. I am almost done with one and moving on to the others. It wasn't postcards though.
posted on January 5, 2001 08:46:27 AM new
Actually, I think it's a little silly to cancel auctions right now while things are still free. I intend to pack my YooHoo bags and leave on the 10th. I can hear the train whistle already...
posted on January 5, 2001 08:51:02 AM new
And what if their statement that you won't be charged is another lie? They haven't told one true thing yet. Credit cards didn't get rid of bogus bidders. Yahoo was supposed to be always FREE. It was in their ads and posted. ETC, ETC, ETC I am not taking any chances that they won't charge me because how would you get the money back. They won't respond to you!!!!!
posted on January 5, 2001 08:51:57 AM new
Closing my auctions now won't make much of a difference. I have no intention of shooting myself in the foot. Because I don't trust yahoo relisting software I will close all my auctions accept for a few leading to my web page on the 9th.
Yahoo has done well by me but with the new listing fees and with never knowing when Yahoo will get a hit with buyers it is no longer feasible for mass listing of 5.00 to 10.00 items.
Hopefully something will change but I doubt it and not within the next few days. The only thing I can see them possibly doing is offering a limited number of free auctions. Anyway, I am not closing auctions until the ninth that is the day the finicial guys are watch, well actaully the 10 so ending now will matter little.
posted on January 5, 2001 08:52:48 AM newP.S. How goes the stock market?
YHOO investors were euphoric this morning as the stock surged to 31-3/8, but right now they're again taking it on the chin at 28-13/16, down 3/4 on the day.
Market capitalization down another $417 million today.
posted on January 5, 2001 04:47:21 PM new
yes they sure picked a dumb time to make such a change with the markets being the way they are. The slow down in the economy and prices of most things going up, gas, mail etc. . .
posted on January 5, 2001 04:47:47 PM new
forshoppin - Could you show me where Yahoo said they would always be free. I have never seen this commitment from them although I am always very careful to read the terms when I sign on a service. I don't just skip to the end and say OK.
Now PayPal did shoot off their mouth and take it back, but I never saw such a promise from Yahoo. Maybe I missed it. - Show me.
posted on January 5, 2001 05:25:40 PM new
It was in an ad and was on the site when I first came here. However, I have been hunting for it and can't find it. However, there are several others on here who heard/believed that also and are looking for it also. If we had that, we could hold them to it.
posted on January 10, 2001 04:13:31 AM new
I'm down from 1370 items (and some in reserve in the closed folder, to save time when the seasons change), to 515 itmes for sale, and a couple of recent closings in the closed folder. By the end of the month, it will all be gone.
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posted on January 10, 2001 07:17:57 AM new
Not everyone has cancelled, obviously. I just checked the numbers of open auctions in the category I sell most often, and the number of listings DOUBLED since yesterday.
Well, okay, it went from 683 to a little over 1300, but that doesn't sound like rats jumping ship to me.
posted on January 10, 2001 07:42:22 AM new
Yup, not everyone cancelled.
My keyword search on "postcards" that led off this thread has 14,913 listings before the call to "cancel, cancel, cancel," then fell to 14,067 listings within the day.
posted on January 10, 2001 07:59:38 AM new
Check the numbers in 30 days when the relists have all expired from the free listing period. I think there will be a definite decrease at that time.
posted on January 10, 2001 08:10:51 AM new
It would also be interesting to check the ratio of bids to items listed in a few weeks. Any bets as to weather or not this ratio will improve?
I just looked at one catagory, (Coca Cola) 158 pages, 7781 total items, with a whopping 219 with bids (175 of these items had a single bid... not much of an "auction".
Looks like all those quality buyers are breaking down the doors now that fees have been insatlled huh?
posted on January 10, 2001 08:20:03 AM new
rustybore >
not much of an "auction"
That's for sure. And while alot of folks were busy yesterday listing items with two relists, the reality will soon set in that Yahoo!Auctions is little more than a no-viewers, no-bidders and no-buyers wasteland.
posted on January 10, 2001 08:49:53 AM new
yup, I am still confused about the "fuzzy logic" used by the folks at Yahoo.
I still havn't seen any clear and believable explanation as to EXACTLY how fees will make Yahoo a better site.
Maybe the "Yahoo Auction Team" should consider a communal run for some kind of Public Office in a few years? They may be needing jobs by then, and with kinds of critical thinking skills I have seen here, Politics may be the proper direction for these folks!
"Experience is the name everyone gives to his mistakes" - Woodrow Wilson
posted on January 10, 2001 09:07:50 AM new
Hi everyone! Well I cancelled about 75 postcard auctions and am down from 660+ to 575 or so. This thing with yahoo kind of knocked the starch out of me. I had just worked hard to list the 660+ and was getting a nice steady trickle of daily sales. I sent yahoo what I considered to be a thoughtful email politely outlining the small collectibles market on yahoo and suggesting lower fees or free relists. The canned response let me know I had wasted my time. I have been selling off my stock in large lots on ebay and look forward to a rest. As they close, they end permanently on yahoo.
My last eight purchases on Yahoo!Auctions were older postcards of buildings, monuments, ships, etc. and that's the "low-priced" kind of item that they describe as "junk".
posted on January 10, 2001 09:23:57 AM new
dimview - thanks for the ideas on sites. To be honest, I am worn out, both from working hard on my auctions and from fighting the mentality at yahoo. I had thought their site was intelligent and well designed, plus it doesn't go down very much, but I see their business acumen is low. I am moving my cards out pretty fast on ebay, sold three large lots overnight using bin. Once the yahoo listings expire, I'll bundle what's left and do the same with that! I really appreciate postcard lovers, I am one myself and will keep the remaining eight boxes to enjoy. Low priced purchases bring pleasure to a lot of folks and collectors, and also draw purchasers to the site. It frustrates me that yahoo can't evaluate the different market segments and their interaction, but, hey!
posted on January 10, 2001 09:28:25 AM new
"And what if their statement that you won't be charged is another lie?" - I think we'd be talking consumer fraud at that point.
posted on January 10, 2001 10:16:15 AM new
There may be more listing actually as some sellers (like myself) list a huge majority of their inventory for 10 days and 2 auto relists, so thats a month of free Yahoo and gives them more time to find other auctions sides.
I think it is foolish to cancel your auctions, you spent all that time listing them and it wouldn't kill you to let them auto-relist instead of killing everything before the 10th. Oh well, more buyers for me.
.
