<< <i>i dont think storm sells via auctions he's the smartest guy on this board from what I can see. >>
Selling via auction or as BIN both have advantages and disadvantages. I have seen multiple examples where an auctioned item sells for more than an identical item listed by a different seller as a BIN. Of course, it goes the other way as well, so there are no absolute guarantees as far as maximizing final sale price with either venue. However, the 1 benefit that auction format does provide is a steady, quick turnover of items. BIN's tend to stagnate, and sometimes stigmatize themselves. As an example, an item that has been up for BIN for months and months will most likely do very poorly if sent to auction. Same exact thing happens when a house is priced too high for too long in a neighborhood. Potential buyers shun it because it has been on the market for so long. If your BIN's are realistic, and you are working off a high enough margin, you can indeed pass off the higher fees. But what happens when good sellers are working off razor thin margins and then fees increase? Chances are they will lose many customers as they have to raise prices just to make small profits.
<< <i>i dont think storm sells via auctions he's the smartest guy on this board from what I can see. >>
Selling via auction or as BIN both have advantages and disadvantages. I have seen multiple examples where an auctioned item sells for more than an identical item listed by a different seller as a BIN. Of course, it goes the other way as well, so there are no absolute guarantees as far as maximizing final sale price with either venue. However, the 1 benefit that auction format does provide is a steady, quick turnover of items. BIN's tend to stagnate, and sometimes stigmatize themselves. As an example, an item that has been up for BIN for months and months will most likely do very poorly if sent to auction. Same exact thing happens when a house is priced too high for too long in a neighborhood. Potential buyers shun it because it has been on the market for so long. If your BIN's are realistic, and you are working off a high enough margin, you can indeed pass off the higher fees. But what happens when good sellers are working off razor thin margins and then fees increase? Chances are they will lose many customers as they have to raise prices just to make small profits. >>
also, some people are just afraid of BIN's thinking they might be overpaying and prefer throwing down a higher bid in a auction to determine current market value, as a seller BIN with BO have brought by far my best results...
I'm all for passing on costs, but there comes a point where buyer demand won't allow a seller to do that without significantly reducing sales and that seller's income.
Some items are more dependent on price than others.
ALL costs are passed along, either directly or indirectly. Buyer demand will nto change on items that are needed. Where buyer demand changes is on "optional" items. At that point a seller may decide to lower costs, but in the long run, he is just asking to go out of business, unless he can up his volume by the same percentage he cuts his profits.
<< <i>If you dont like the new structure then just sell somewhere else......oh wait, you dont wanna sink $75,000 into a brick and mortar card shop? Oh ok, gotcha. >>
<< <i> I know what you are saying but take ebid........ the number 1 choice. Is that really a viable alternative?? I looked up 1949 bowman and 4 cards came up with 2 reprints..... give me a break. Feebay is like Ma' Bell.... it has to be broken up and the same with that ripoff site Pigpal. chaz >>
No, they don't need to be broken up...what you're saying is that anytime any business becomes 'too' successful, the government needs to step in and take action? I shudder to think of the government then going into any business that's deemed 'too' successful, where does it end? Especially when there are other businesses that offer the same exact service. I understand you're upset about the rate increases, but to suggest the government needs to intervene is a rash overreaction.
Your own search proves why eBay continues to raise its rates. Its (by far) the biggest) auction site out there, and continues to distance itself from its competitors. Shouldn't that vast difference in traffic also have a difference in rates as well? When an auction site offers free listings and eBay charges, shouldn't the huge numbers of people visiting the site account for that difference in charges?
Again, I get why you're upset but also understand that there is no way that the government should get involved in ANY private business enterprise simply because they've been fortunate to become extremely successful. >>
very good post, I agree with you. It makes me sick when people/companies are discriminated against because they are successful. I think the entire "tax the rich more" premise is ridiculous in all aspects. The entire idea of the American Dream and a truly free society is that anyone is afforded the opportunity to be successful and do anything they wish as far as work or business. When the government intervenes and tries to instill socialist ideals, basically trying to give people stuff for free when they could be helping themselves it reduces the incentive for people to work hard and make their own money. I for one, love the idea of successful corporations and idividuals that provide the majority of the jobs in the marketplace. End rant/ >>
Don't agree at all both of you guys are nuts.. ... sounds like republican bs .... chaz
<< <i>I have ZERO problem with EBAY/PayPal fees. I worry about what I make, not what EBAY makes.
EBAY delivers about 2/3 of the page-views that they did in 2004/05. They are the "relative" leader in sports-card traffic, but as their fees have gone up, their traffic has declined. Consumers pay more to advertise to fewer folks.
EBAY is NOT a "monopoly." They are a vertically-integrated advertsing and financial-services conglom that engages in unregulated - anti-consumer - biz practices. The govt needs to regulate them, NOT break them up.
....................
Watch AMZN this afternoon. Read the conference call transcript to learn what kind of traffic/page-views a REAL online retailer can deliver.
DISCLAIMER: I have no current position in EBAY or AMZN. >>
I agree woth you Storm.... better idea... no break up ..... regulate em' and HARD.... chaz
I closed my store.....Screw FEEbay and Paypal.....I refuse to pay crazy high fees for crappy service....
I stopped sending subs to PSA as it is crazy to pay a "fee" to be allowed to submit to them and then wait months for the cards to come back.
I;m not a big seller and more of a collector so my cards in SGC holders are fine and usually cost $5 and I have em back in 20 days. I still buy PSA cards and like them but refuse to submit to them.
Comments
Pass-thru is tuff on auctions.
It can be done on some items, but not many.
..........
In cats other than collectibles, auctions will be gone from EBAY very soon.
he's the smartest guy on this board from what I can see.
<< <i>i dont think storm sells via auctions
he's the smartest guy on this board from what I can see. >>
Selling via auction or as BIN both have advantages and disadvantages. I have seen multiple examples where an auctioned item sells for more than an identical item listed by a different seller as a BIN. Of course, it goes the other way as well, so there are no absolute guarantees as far as maximizing final sale price with either venue. However, the 1 benefit that auction format does provide is a steady, quick turnover of items. BIN's tend to stagnate, and sometimes stigmatize themselves. As an example, an item that has been up for BIN for months and months will most likely do very poorly if sent to auction. Same exact thing happens when a house is priced too high for too long in a neighborhood. Potential buyers shun it because it has been on the market for so long. If your BIN's are realistic, and you are working off a high enough margin, you can indeed pass off the higher fees. But what happens when good sellers are working off razor thin margins and then fees increase? Chances are they will lose many customers as they have to raise prices just to make small profits.
<< <i>
<< <i>i dont think storm sells via auctions
he's the smartest guy on this board from what I can see. >>
Selling via auction or as BIN both have advantages and disadvantages. I have seen multiple examples where an auctioned item sells for more than an identical item listed by a different seller as a BIN. Of course, it goes the other way as well, so there are no absolute guarantees as far as maximizing final sale price with either venue. However, the 1 benefit that auction format does provide is a steady, quick turnover of items. BIN's tend to stagnate, and sometimes stigmatize themselves. As an example, an item that has been up for BIN for months and months will most likely do very poorly if sent to auction. Same exact thing happens when a house is priced too high for too long in a neighborhood. Potential buyers shun it because it has been on the market for so long. If your BIN's are realistic, and you are working off a high enough margin, you can indeed pass off the higher fees. But what happens when good sellers are working off razor thin margins and then fees increase? Chances are they will lose many customers as they have to raise prices just to make small profits. >>
also, some people are just afraid of BIN's thinking they might be overpaying and prefer throwing down a higher bid in a auction to determine current market value, as a seller BIN with BO have brought by far my best results...
Some items are more dependent on price than others.
<< <i>If you dont like the new structure then just sell somewhere else......oh wait, you dont wanna sink $75,000 into a brick and mortar card shop? Oh ok, gotcha. >>
You work for feebay don't cha ???? chaz
<< <i>
<< <i>
<< <i>
I know what you are saying but take ebid........ the number 1 choice. Is that really a viable alternative?? I looked up 1949 bowman and 4 cards came up with 2 reprints..... give me a break. Feebay is like Ma' Bell.... it has to be broken up and the same with that ripoff site Pigpal. chaz >>
No, they don't need to be broken up...what you're saying is that anytime any business becomes 'too' successful, the government needs to step in and take action? I shudder to think of the government then going into any business that's deemed 'too' successful, where does it end? Especially when there are other businesses that offer the same exact service. I understand you're upset about the rate increases, but to suggest the government needs to intervene is a rash overreaction.
Your own search proves why eBay continues to raise its rates. Its (by far) the biggest) auction site out there, and continues to distance itself from its competitors. Shouldn't that vast difference in traffic also have a difference in rates as well? When an auction site offers free listings and eBay charges, shouldn't the huge numbers of people visiting the site account for that difference in charges?
Again, I get why you're upset but also understand that there is no way that the government should get involved in ANY private business enterprise simply because they've been fortunate to become extremely successful. >>
very good post, I agree with you. It makes me sick when people/companies are discriminated against because they are successful. I think the entire "tax the rich more" premise is ridiculous in all aspects. The entire idea of the American Dream and a truly free society is that anyone is afforded the opportunity to be successful and do anything they wish as far as work or business. When the government intervenes and tries to instill socialist ideals, basically trying to give people stuff for free when they could be helping themselves it reduces the incentive for people to work hard and make their own money. I for one, love the idea of successful corporations and idividuals that provide the majority of the jobs in the marketplace. End rant/
Don't agree at all both of you guys are nuts.. ... sounds like republican bs .... chaz
<< <i>I have ZERO problem with EBAY/PayPal fees. I worry about what I make,
not what EBAY makes.
EBAY delivers about 2/3 of the page-views that they did in 2004/05. They
are the "relative" leader in sports-card traffic, but as their fees have gone
up, their traffic has declined. Consumers pay more to advertise to fewer
folks.
EBAY is NOT a "monopoly." They are a vertically-integrated advertsing and
financial-services conglom that engages in unregulated - anti-consumer -
biz practices. The govt needs to regulate them, NOT break them up.
....................
Watch AMZN this afternoon. Read the conference call transcript to learn
what kind of traffic/page-views a REAL online retailer can deliver.
DISCLAIMER: I have no current position in EBAY or AMZN. >>
I agree woth you Storm.... better idea... no break up ..... regulate em' and HARD.... chaz
<< <i>Chaz, I also heard rumors that Andre Agassi is going to become CEO of ebay.
I stopped sending subs to PSA as it is crazy to pay a "fee" to be allowed to submit to them and then wait months for the cards to come back.
I;m not a big seller and more of a collector so my cards in SGC holders are fine and usually cost $5 and I have em back in 20 days. I still buy PSA cards and like them but refuse to submit to them.
+1
<< <i>Chaz also wants to break up the Yankees.
+1 >>
No.... I just want them to do it the RIGHT way. chaz