posted on February 16, 2001 08:00:38 PM new
Yahoo Aust & NZ has announced the acquisition of Sold.com and finds a way to charge fees.
This may not interest many US users but I think it shows what will happen to the other Yahoo International sites such as Canada, UK and Singapore, etc.
Here is their announcement:
...............................
Hello! This email contains news and information for user of Yahoo! Australia & NZ Auctions. We are contacting you as a previous Yahoo! Auctions user, be that as a seller or bidder.
Yahoo! Australia & NZ is acquiring SOLD.com.au, a leading auction site in Australia, from F2, the online interactive network of John Fairfax Holdings.
We are hoping that the combined strengths of both businesses will make for an even greater auction environment. The combination of Yahoo!'s global audience and SOLD.com.au's leading position in local currency listing will result in Australia's leading online auction marketplace.
How does this affect your auctions or bids on Yahoo! Auctions? For the moment, it's business as usual. Your current listings and/or bids will continue unaffected.
In the future we will be looking at how to merge the best features of SOLD.com.au with the best features of Yahoo! Auctions. We will announce those changes to you in advance, and will assist you as a valued customer in making any transition that may be necessary
We are sure there are many more questions than this email can attempt to answer. You can visit our FAQ on Yahoo! Auctions anytime at http://auctions.yahoo.com.au. You'll also find a handy feedback form there should you need to contact us. Rest assured that we will communicate any updates to you in advance.
Happy bidding and selling!
The Yahoo! Australia & NZ Auctions Team
We always welcome your feedback, questions, and suggestions at [email protected], and we wish you all the best in 2001.
....................................
Sold.com charges Listing Fee and FVF.
posted on February 16, 2001 10:35:36 PM new
So now you know where the USA fees are going? to buy up the entire world's auction sites! I dont think they will have enough revenue from yahoo's auctions to purchase a pair of shoes. Must be coming from another one of Yahoo's many pockets!
posted on February 16, 2001 11:29:38 PM new
Some people only see what they want to see. SOLD's listing fee has only been five cents for a about a month or so before the Yahoo takeover. Prior to that it was 28 cents. Prior to that it was free.
Besides, the five cents fee is only for items up to approx $US7.00. Then it goes up dramatically: $AU0.50; $AU1.50; $AU2.50.
The point is that YAHOO AU is fee free at present but probably won't be free after this. In fact, Yahoo AU is encouraging everyone to list on SOLD whilst they plan their attack.
The other point is that there is now one less place to list. In Australia and New Zealand it leaves just GoFish which is a site that has been driving listings towards SOLD. (Both are/were Fairmarket run sites).
posted on February 17, 2001 09:55:49 AM new
Ltsa said:
Some people only see what they want to see.
I can only see what is available to be read. I visited the site for the first time yesterday and read what was there - not what I wanted to read but what was available to be read - that included the current listing fees and the actual bidding activity in the categories.
Approximately 80% of the items I sell are listed at under US$7.00. I would be very content with a U.S.$0.03 listing fee on Yahoo U.S.
Edited to add: Although my items are priced very low, most of my buyers bid on multiple auctions.
Irene
[ edited by stockticker on Feb 17, 2001 09:57 AM ]
