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Here are some astonishing statistics, these numbers were taken from Terapeak and based on a 90 day history (
Seller: Buy
Total Items Listed: 2,708,987 Total sales: $3,924,907 Successful listings: 64,638 Total Items Offered: 249,431,285 Sell through rate: 2.39% Average MINIMUM listing fee would be: $270,898.70 (based on the minimum 10 cent listing fee, AND does not include Dutch auctions, or Final Value Fees). Minimum fee, including Dutch auctions: $24,943,128.5 (Does not include Final Value Fees). Also note that Buy (buy. com) is also an SDC (shopping dot com, i.e., shopping. com) which is also another eBay company. While this warrants more investigation, it is becoming very apparent that something unethical is going on in
Questions you might ask:
1. why is Buy.com taking over 44% of the Books category? 2. Is this an attempt to rid eBay of the flea market persona? 3. If eBay is the number one online retailer, and by such a huge margin, why is eBay trying to destroy what made it what it is today? 4. Is eBay offering Buy free listings to make it appear as if the listings are not dropping? 5. eBay has claimed that the Feb 18-25 boycott had no affect on listings. However, it has been established that eBay had a "glitch" which somehow landed many SDC listings on eBay. The pre-strike listings were 18-20 million and the listings in Feb have dropped to as low as 13 million. Now we see that Buy has nearly 2 million listings in a given week (between closed and current auctions). If these listings are not genuine (as they appear not be, with so many auctions having closed early "because they are no longer available") wouldn’t their omission drop eBay listings to under 11 million, making the actual drop from the Feb pre-strike closer to a 40 percent drop, as opposed to a "barely noticeable drop" as eBay claimed previously? 6. Why would eBay waste so much time pretending there was little or no effect as a result of the boycott, than to face the members and discuss coming to terms with them? 7. How does eBay plan to sustain any credibility, when it seems so apparent to so many that eBay is inflating their listings to bolster investor confidence, when if these questions are in fact true, eBay is being hit extremely hard by the boycott, with many vowing to never return?
Gear-Vault Classifieds is an eBay alternative. Come sell with us for free! |
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