posted on February 8, 2001 11:00:48 AM new
I have a sneaky suspicion that Yahoo has something planned for our untimely exits! With their auction listings down about 85% now, I bet they have something planned for the near future! Maybe a "Free list" day or some such nonsense to get their listings back up! It will follow their game plan so far. Which, in my opinion is what they have always done. do a little and hope it does alot
They must have something in the works. Any thoughts on this?
[ edited by paloma91 on Feb 8, 2001 11:03 AM ]
posted on February 8, 2001 11:27:30 AM new
The Yahoo!Auctions team remains hold up in their bunker, watching the listings collapse in realtime. Since they have demonstrated an amazing lack of awareness about the few pageviewers, fewer bidders and even fewer buyers wasteland that their auction site was before the listing fees, I very much doubt they have any concept, idea or plan of what to do now that its essentially gone.
posted on February 8, 2001 11:44:53 AM new
pal ... that's been my thinking all along. I don't believe Yahoooooo is planning some grandiose scheme to bring us back (they have dug the hole way too deep to accomplish that), but I still have difficulty believing that the Yahooooo "owners" are that stupid. Surely, at least a couple of these "Bozos" went to school and know a little about about business.
OTOH, reading with dimview and others are saying makes sense, and I am beginning to believe that maybe Yahoooooo really does have their blinders on and can't see any problem ...
posted on February 8, 2001 12:06:29 PM new
A message board friend emailed me this morning quite upset taht when she logged on to Yahoo today, she got a message that her account had been terminated. She was woried because she had bids on items and now would be unable to complete tranactions.
Well actually, there were several emails. It turns out that on a later attempt, all was well.
I emailed her back and told her maybe this was Yahoo's contingency plans for when they finally see what they have done.
I think this might have been a rehearsal.
posted on February 8, 2001 12:28:57 PM new
"Yahoooooo really does have their blinders on and can't see any problem ..."
Exactly! That's what I was feeling during the "phone call". No matter how hard I tried to get through to him, the lightbulb was just not lighting up.
How much ya wanna bet they will be just like Amazon and not admit their mistake nor fix it? To this day, Amazon is a wasteland because they could not or would not just admit their mistake.
posted on February 8, 2001 12:56:40 PM new
Despite the steep decline in listings, I think it's still going to be some time until Yahoo sees the extent of the problem (Hey, the predictions I made last month have been 100% accurate so far. ).
The last of my listings ended yesterday. My daily sales on Yahoo since January 10 have been equal to/higher than my pre-January 10 sales. Yesterday was the first day I had no sales at all.
Buyers haven't quit Yahoo yet - they will but not this week. I think what will happen next is that the steep drop in listings will "scare" those who have listing credits into using up their credits quickly before the buyers do disappear completely.
Irene
Edited to add: In addition to listing numbers, Yahoo is probably watching the number of bids pre-January 10 versus post January 10. Those are numbers we don't have.
[ edited by stockticker on Feb 8, 2001 01:00 PM ]
posted on February 8, 2001 01:18:19 PM new
My last two auctions closed today. I am still waiting on two or three payments and then I will be through with Yahoo entirely.
I did ok with Yahoo--too bad they chose to destroy their entire site.
posted on February 8, 2001 02:51:45 PM new
They're operating on the 80/20 principle. 80% of their profits are from 20% of the users. By concentrating on the 20% of the best sellers they hope to increase their profits with less costs involved.
It's actually a great business principle to use. I just don't know if it'll work so well with Yahoo. The question is if the buyers are happy with just a few good categories. When they want to buy the baseball card for Jimmy and the Disney beanie for Susie, for their birthdays, they'll have to go to ebay, even though they wanted the lastest PS2 game listed on Yahoo for themselves, then the good categories on Yahoo drop in listings too.
\"They say the grass is greener on the other side. But have you flipped it over and looked?
\"
I think what will happen next is that the steep drop in listings will "scare" those who have listing credits into using up their credits quickly before the buyers do disappear completely.
I think you are right on target with that statement. It is already happening. I've been watching several Yahoo sellers who are on listing binges (listing hundreds of auctions) per day. They are listing, at least, twice as many as before. I was attempting to figure out why, and then I read your post.
posted on February 8, 2001 07:31:09 PM new
Has anyone written the YaFool Answer-bot to see how it plans to correct the problem of low listings? I bet the answere
would read something like....."we have been expierencing a few problems which are now corrected and we believe the problem you are experienceing is a transient one etc etc etc....."
).