zzyzx000
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posted on February 14, 2001 08:11:42 PM new
from theStreet.com:
http://www.thestreet.com/_yahoo/tech/internet/1306791.html
Also, Who can tell me if you bulk load with automatic relists, and the item sells before being relisted, do you get a refund of unused pre-paid listing fees?
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dimview
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posted on February 14, 2001 09:08:07 PM new
finally. Finally. FINALLY.
TheStreet provides Yahoo!Auctions reality check.
I can imagine the reporter calling Yahoo!Auctions and having some spokesperson repeat the same blah, blah, blah that's worked its way into every article until now.
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cardmall
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posted on February 14, 2001 09:28:42 PM new
Thanks for posting this. Finally, it is written (just as we've been saying here) That Yahoo is in for a downward spiral, because if there are fewer auctions, buyers will leave and go to places like Ebay with lots of stuff. If the buyers go, then the sellers suffer and leave. Yahoo deserves everything that is coming to them.
Alan
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cardmall
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posted on February 14, 2001 09:31:28 PM new
Here is another article (Found it on Yahoo of all places!)
http://dailynews.yahoo.com/h/nf/20010214/tc/7491_1.html
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rnrgroup
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posted on February 14, 2001 09:36:32 PM new
And more..... guess the mainstream media is on a bit of a feeding frenzy - so are finally listening to what we all have been saying for over a month -
http://newsbytes.com/news/01/161971.html
-Rosalinda
TAGnotes - daily email synopsis about the Online Auction Industry
http://www.topica.com/lists/tagnotes
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granee
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posted on February 14, 2001 09:37:18 PM new
http://www.thestreet.com/_yahoo/tech/internet/1306791.html
http://dailynews.yahoo.com/h/nf/20010214/tc/7491_1.html
Denial from Yahoo in the Krause seller newsletter:
http://superseller.krause.com/issues/newsletter.asp?IssueID=43#1
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dimview
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posted on February 14, 2001 09:39:22 PM new
cardmall,
amazing. Amazing. AMAZING.
The spin-doctoring top is beginning to wobble.
Looks like we can expect a flurry of reality-based articles.
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rnrgroup
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posted on February 14, 2001 09:55:18 PM new
And the article that was referred to in the SuperSeller story ----
http://ecommercetimes.com/perl/story/7444.html
-Rosalinda
TAGnotes - daily email synopsis about the Online Auction Industry
http://www.topica.com/lists/tagnotes
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InternetEdge
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posted on February 14, 2001 10:02:57 PM new
As a former journalist I had been amazed that no one in the mainstream press had picked up on the incredible freefall at Yahoo auctions that has been discussed here for weeks. Looks like they are finally getting the message. With Yahoo's listings under 250,000 today (according to dtmagazine) and headed lower, what is the procedure we follow to get Yahoo moved to the other Auctions message board and get the new #2, Bidville, here in it's place?
[ edited by InternetEdge on Feb 14, 2001 10:03 PM ]
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jimhhow
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posted on February 14, 2001 10:16:05 PM new
pretty convenient too, how Yahoo dismisses all the people posting on all of the message boards with one sentence.
But it was obvious what they really thought about the people that use their service anyway.
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granee
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posted on February 14, 2001 10:21:02 PM new
If Downtown Magazine is counting ALL the sub-category totals posted by Yahoo, their total count for the Auction is too high.
When you open each sub-category with a fresh (unvisited) browser, you see the true count (except for the single auctions that Yahoo has listed multiple times, as reported by other sellers this week), and because many categories are CROSS-LISTED TWICE (a single sub-category with IDENTICAL LISTINGS shows up in TWO different categories....such as "tires", which shows up under Antiques & Collectibles: Advertising: Tires AND under Antiques & Collectibles: Transportation: Automobilia: Tire Advertising).
Yahoo does this cross-listing on many, many sub-categories, and unless you either count the listings using a "fresh" browser, or you write down every sub-category as you count it (and pay CLOSE ATTENTION that you haven't ALREADY counted it under another category), you will OVER-COUNT the Auction's total number of listings.
[ edited by granee on Feb 14, 2001 10:25 PM ]
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stockticker
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posted on February 14, 2001 10:30:04 PM new
Zzyzx000: Regarding your question concerning listing fees, I've been listing auctions this week with two automatic relists. I'm only being charged 20 cents so I assume that additional charges will appear if the item doesn't sell and is automatically relisted. The bulk loader probably works in the same manner.
Irene
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John10101
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posted on February 14, 2001 11:01:34 PM new
Posted by Granee: "If Downtown Magazine is counting ALL the sub-category totals posted by Yahoo, their total count for the Auction is too high."
I would say Rick Gagliano's numbers are only slightly high, just 6% higher than mine at 233,287. That's fairly close and maybe could be accounted for by variations within the day and if he's logging the counts that Yahoo displays within parentheses. If he's not already doing it, it's better to log the counts that appear at the top of the category pages.
Assuming he was, I don't think he's logging duplicate categories anymore. His counts used to be 25% higher than mine, but they're falling in line.
Now if he or someone else could verify the large improvement I observed in sitewide success rate, 23% (revised) that would be great.
John
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lovepotions
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posted on February 15, 2001 12:31:55 AM new
What I find patheticaly funny is that if you read all the links to each of these stories they are the same quotes from the same people.
One interview ended up on all of them.
You would think a major new site could be a little more original......and at least write their own stories lol
http://www.lovepotions.net
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outoftheblue
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posted on February 15, 2001 12:48:31 AM new
Interesting articles. Thank you all.
I especially found the quote by the AW spokes person interesting. Obviously they don't get it either....
Maybe Yahoo just doesn't care about it's US auction site. In other news: "Yahoo To Buy Australian Online Auctions Site."
http://www.newsbytes.com/news/01/162001.html
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deichen
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posted on February 15, 2001 04:37:39 AM new
"We are getting feedback from our sellers that they are getting better sell-through rates. Also, people can find auctions better now. Not only are sell-throughs up, but gross merchandise sales have stayed the same," the spokesperson said.
This is all really incredible and the denial still going on is absurd! Well, I believe as one writer put it "Crash and Burn". H--- yes, they underestimated us! They didn't ask nor did they care and they got what they deserve. That is a fact of life.
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VeryModern
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posted on February 15, 2001 06:33:39 AM new
Unless I skimmed over it, these articles do not mention that all the free listings have not washed through yet, and that what is being listed currently is almost guaranteed to be on credits not cash. IOW the situation is MUCH worse than reporting suggests.
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dimview
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posted on February 15, 2001 06:36:59 AM new
outoftheblue,
Did you visit the "Australian's biggest auction site" and click around some of the categories?
Let's just say its very interesting.
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dimview
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posted on February 15, 2001 06:41:50 AM new
Oh, what the hey, its too interesting.
Australia's biggest auction site.
How big is it?
SOLD.com.au currently hosts the largest number -- more than 50,000 -- of Australian-dollar online auction listings.
http://www2.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&dist=yhoo&guid=%7BE92E1205%2D587D%2D4059%2D86B2%2D4F5911EA8006%7D
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jwpc
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posted on February 15, 2001 07:09:49 AM new
I am glad to see the Media is FINALLY seeing reality and seeing through the Yahoo Spin Doctors.
I would think with all this publicity in the Media, that this is Yahoo's last chance; if they don't wake up “NOW” and realize they are committing suicide, and reverse some of their actions in the next couple of weeks (which I think there is too much pride at Yahoo to do) then I agree with the writer who said they are headed to crash & burn.
Suppose they forgot "Pride cometh before a fall."
They made a major mistake, I believe they know it - but I also think they are hoping beyond hope that a miracle occurs and in the end all turns out well - too prideful to admit a boo boo; and make a change in time - and are now headed for auction waste land. Very sad...
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outoftheblue
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posted on February 15, 2001 09:38:31 AM new
You're right dimview. I did find something interesting.
Effective 22/01/01, SOLD.com.au listing fees will be reduced.
Since we introduced listing fees as a necessary part of the business at the end of last year, we have received a lot of feedback from those customers who sell lower priced items. People thought that the base listing fee of $0.25 was too high for these lower priced auctions.
Well, we've taken a long and hard look at the situation, and agree; so that's why from Monday, any items listed with an Opening Value or Reserve Price of between $0.01 and $14.99 will attract a listing fee of only $0.05 instead of $0.25. This change will make SOLD.com.au even better value for sellers
Kind of ironic since Yahoo is the one to acquire this site....
I believe that a move like this would encourage sellers to keep their opening bids low and insure a better sell through. Ebay and Yahoo could learn from this site.
Just a thought.
[ edited by outoftheblue on Feb 15, 2001 09:51 AM ]
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dimview
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posted on February 15, 2001 09:47:24 AM new
outoftheblue,
And don't forget. We're talking Australian currency.
So what's a nickel?
0.05 Australian Dollar (AUD) = 0.0262 United States Dollar (USD)
Meanwhile, Yahoo!Auctions believes that listing fees of 20 cents and up are the key to improving the quality of an auction site.
< ROTFL >
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USMarines
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posted on February 15, 2001 11:13:28 AM new
Hi guys & gals:
It looks like all the Spin Doctors of the Clinton Administration found jobs at Yahoo!
Now they are trying to sells us that low listings, low traffic are good for a site. That being the case, they should be trilled that their total listings are down to less than 248,000 Listing.
I can hardly wait to see the big celebration at Yahoo when they go below 200,000.
The articles on Street.com, eCommerce and Yahoo DailyNews are one week behind, when Yahoo Listings were at 459,000.
Rudy
[ edited by USMarines on Feb 15, 2001 11:19 AM ]
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