posted on February 7, 2001 03:03:17 PM new
Hi guys:
Here are the latest official figures as published by "Fearless Rick" of Downtown Magazine http://www.dtmagazine.com/auctioncounts.html:
Yahoo! Main Category Totals/Ebay Main Category Totals
Antiques & Collectibles 76941/ Antiques & Art 185047
Automotive 6334/ Books 348321
Business & Office 1284/ Clothing & Accessories 364544
Clothing & Accessories 36301/ Coins 103425
Coins, Paper Money, & Stamps 22910/ Collectibles 1355632
Computers 13530/ Computers 148029
Electronics & Cameras 5535/ Dolls, Doll Houses 89483
Entertainment 78903/ Home & Garden 111995
Home & Garden 24118/ Jewelry, Gemstones 260958
Sports & Outdoors 7734/ Movies 276541
Sports Cards & Memorabilia 97227/ Music 419018
Toys, Games, & Hobbies 69284/ Photo & Electronics 201302
Other 19588/ Pottery & Glass 279614
/ Real Estate 783
/ Sports 652872
/ Stamps 111597
/ Tickets & Travel 11004
/ Toys & Hobbies 422127
/ Everything Else 281089
TOTAL AUCTIONS 459,689/ TOTAL AUCTIONS 5,623,381
CHANGE From prev. week -405,684/ CHANGE From prev. week -124,468
Looks like it still going down, where it stop nobody knows. There are still free listing there, for people who selected 14 days plus two relists. These listings will be off by February 22nd, 2001. Most of the 10 days listing with two relists, most of these will off by February 10, 2001.
Any guesses where will all stop?
I still believe that Yahoo! will do something that will surprise everyone, by having a fixed month rate with unlimited listings, or at least something comparable to Amazon $39.95 for 5,000 monthly listing, or recind the fees entirely. I don't think they have any choice in this matter. They advertising revenues will suffer because the lack of traffic.
posted on February 7, 2001 03:13:19 PM new
It's TOO LATE for Yahoo to impose a fixed monthly listing fee rate. All the BUYERS are gone now, and the sellers have mostly found new homes.
Why would someone pay $40 month to list when there's no auction left???
We tried to tell you last week that you were WRONG about YaWho having done the right thing.
posted on February 7, 2001 06:52:44 PM new
USMarines
SIR! Thank you very much for the update. SIR!
Seriously, the bottom looks bottomless. No matter what they do now, credibility and fairness, have long gone. Call in the dogs, (jwpc), and put out the cats.
posted on February 7, 2001 07:48:09 PM newSeriously, the bottom looks bottomless.
Gotta agree there. Yahoo is clearly going to go below "critical mass."
I also noticed that auctions are no longer given the prime promotion spot on the Yahoo front page. It's still there, but not nearly as big as it was last week. It's going to become impossible for them to drive buyers to the site because there will be so little left to buy.
I think that the only chance for salvaging the site at all is to implement something like Rudy is suggesting. But even then, it will likely not be enough. Even if they went back to free listings, I'm not sure they could salvage it at this point.
posted on February 7, 2001 10:06:24 PM new
I'm not sure if I can take dtmagazine seriously. They have BidBay at 1160901 listings. I browse BidBay frequently and the numbers posted on their site are bogus. I seriously doubt that they have more listings than bidville does.
posted on February 7, 2001 11:29:11 PM new
did I read his stats right that Ebay lost 120,000 listings as well?
http://ballsandstrikescollectibles.beckett.com/
posted on February 8, 2001 05:30:38 PM new
Very interesting stats. I was Fookisan at yahoo 118. I had 300+ auctions going to settle an estate and to downsize, I'm not a biz. I let them expired naturally as I couldn't afford to pay $1440 per month just to list. I wrote yahoo and told them I'd gladly pay 1% to 2% fvf if the auction would sell and even pay a nominal .10 like amazon, but couldn't afford their unrealistic listing fees. $1.50 per auction is not going to kill anyone, except when you have 350 slow auctions that only average 15 to 25 sales per month. I also had about 70 auctions under another name there too...all cancelled. I've been transferring to amazon, but like yahoo much better. Checked the other free or near free auctions and they are not worth my while. Ebay wants $2400 just to list. Hope things change in the near term as I need to liquidate these items. Will check in now that I know where to look for others in the same prediciment.
Charlie