posted on February 8, 2001 05:18:42 PM new
I liked yahoo when I first started listing. Then the customer service got bad. Then they wanted my credit card in order for me to keep listing (I figured then Fee's. but waited.) Then I started hearing they wanted to do away with the junk being sold on the site. Now the ship is half way down and everone is looking around and saying why! I dont see anyway they will ever have the listings as before and with out the listings their buyers will move on. Any on else have any Ideals on what they can do to save there self????? And will the fall not stop till you hear THUD.
posted on February 8, 2001 10:31:42 PM new
Forget about saving the ship, it's already half submerged. How about saving the drowning people? Is there a ship nearby that can save us?
\"They say the grass is greener on the other side. But have you flipped it over and looked?
\"
posted on February 9, 2001 12:13:33 AM new
Yahoo can resurect themselves by removing the listing fees and go to a commission on sold items only (say 10%). That would make them a viable alternative to ebay. Listers could list a lot of junk, as I have, without the upfront costs. I listed over 1200 "Junk" items last month. I sold 600. The prices were very low and there were customers. But, not with a tacked on up front listing fee.
posted on February 9, 2001 01:04:16 AM new
I am afraid it is in its death throws, and someone with humanity will put it out of its misery. Tonights total
394,822 calculated formula total, a drop of
2.44 mil auctions since the high of 2.83 mil on 9 Jan, an 86% loss. Last free relisting ends 10 Feb for 10 day auctions and 22 Feb for 14 day auctions. And to check all those cheerleader comments about more bids - sorry folks but a random across the board check shows that Yahoo auctions has approx 2% of auctions with bids. -Rosalinda
posted on February 9, 2001 06:05:20 AM new
This is a complete meltdown. Sportscards 29,500 listings. Down from 540,000 listings. Assuming Yahoo is still interested in hosting auctions I would expect to see some adjustments to the current rates, or free relists, or a monthly flat rate fee for volume sellers.
posted on February 9, 2001 06:13:18 AM new
Spreland >
expect to see some adjustments to the current rates, or free relists, or a monthly flat rate fee for volume sellers.
I do not see ANY fee (transactional or flat rate) as being either an incentive to list auctions at Yahoo!Auctions or cost-effective for a seller.
Yahoo!Auctions was a few pageviewers, fewer bidders and even fewer buyers wasteland before listing fees and it is much, much worse now.
And I don't feel one bit sorry, the collapse was self-inflicted by Yahoo!Auctions itself.
posted on February 9, 2001 06:49:35 AM new
Yahoo could change it's listing fees, offer all sorts of promises and I don't even think that will save it at this time. Too many sellers have been put off by unethical business practices, shoddy customer service, etc to even think about it now.
I would have been one of the first ones back on the boat two weeks ago. Now I am happily listing on another site, have more sales per week than I did on Yahoo in recent months, and would not dream of going back to Yahoo for anything.
In watching the boards, seeing how sellers have been treated with regards to TOS, closing accounts, etc (my PayDirect account gets closed constantly and I have to reopen it each time I get a payment) I don't know why anyone would continue to do business with such a place and subject themselves to such treatment.
posted on February 9, 2001 06:57:29 AM new
I agree that there are other issues besides fees, but I believe Yahoo could rise again. The CC verification eliminated bidders with spotless feedback but did not put much of a dent in the rate of deadbeat bidders. Also, my sales are rapidly increasing on Bidville. There may not be a lot of motivation to return unless Yahoo makes some quick adjustments.
posted on February 9, 2001 07:52:27 AM new
Tagnotes's total seems a bit high and their 2% estimate of success rate seems too low. They may need to tweak their equation. Admittedly, I last checked success rates 11 days ago and it was 8% looking at 2600 items evenly distributed throughout all the items. Even 8% was surprising because you would think it would have scaled proportionately up from 5% to 15% as the number of items fell from 2 million to about 600K.
posted on February 10, 2001 12:52:55 AM new
The first of my final "free" lists, from January 9-19, I sold almost 17% of my items; the second round, Jan. 19-29, I sold 14.63%; the third round, Jan. 29-Feb. 8, I sold 7.62%. My bidders wouldn't even pay a higher "buy price" to purchase quickly, anymore---everything ran the full 10 days with one bid at opening price.
The 8% success rate you counted 11 days ago has probably dropped dramatically during the last week, since the bidders seem to have abandoned ship.
TAG's total must have been taken before all the 10-day free relists rolled off, because my hand count around noon today came up much lower.
posted on February 13, 2001 06:43:37 PM new
Just be careful about that credit card thing. I've had to fill out a bunch of papers with my credit card company to dispute charges from Yahoo BEFORE the listing fees were to take place.
[ edited by auctionqueenie on Feb 13, 2001 06:44 PM ]
