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starting an auction house looking for input

10 posts

  1. Veronica Stone

    Joined: October 2007
    Posts: 10,556

    Hi,
    I have been selling on auctions since day one.I started out with some
    major auction houses from day one.I watched them go from great sites
    to greedy auction houses with no care for the buyer and seller.The
    only thing i learned from them was their mistakes.I am in the process
    having a major company build me a website for auctions.I want to be
    able to have a site that caters to the buyers and sellers and not have
    so many stipulations.Their are so many mistakes these auction houses
    make but i felt it would be better to also get some input on what
    buyers and sellers are looking for.My main goal is to not go from a
    site that people enjoy to a site that just is about money.I would
    really appreciate some input and also some input on pricing.We all
    know that one major king of auctions when they started out it was very
    affordable for the sellers and as they grew they knocked the smaller
    businesses out and it became to costly to sell anything.I have some
    great ideas that no auction on the internet have and i plan on doing
    some heavy advertising.I would really appreciate some input on what
    the sellers and buyers are looking for.Have a Wonderful and Healthy
    New Year!
    Posted 6 years ago  |  Login or Register to Reply
  2. the mole

    Joined: December 2003
    Posts: 27

    Hi,

    l wish you luck with your new venture. For sure l think we can now place Ebay in the category of greedy auction houses! and I am looking around for a viable alternative to sell my goods, as l'm sure many other people are on this forum.

    Talk about biting the hand that feeds you! When l think of Ebay now, l think of the scene from the first jaws movie when the shark is on the back of the boat as its sinking, and it has the guy 3/4 way inside its mouth!! ( the sellers! ) jeeze! :lol:

    Obviously to attract buyers to your website you'll first have to attract the sellers, so at first l guess you'll have to either charge no or very low fees, or maybe just a low fee if an item sells.

    l would try and stick close to the ebay model ... because everybody knows that and is comfortable with it .... and eventually charge yahoo type fees, hopefully you'll do good, and we'll all have a viable alterative to Ebay.


    Good luck

    Andy

    http://www.tonchionline.com for Competitively priced Video Games & Consumer Electronics
    Posted 6 years ago  |  Login or Register to Reply
  3. cxm322

    Joined: December 2003
    Posts: 1,167

    Ebay did nothing. It is the sellers market that changed...not ebay.

    Understand that business changes constantly. It would be nice if you could make moeny the same way you did a decade ago but it is not realistic. That does not happen.

    Market changes are the equivalent of natural selection. those who can adapt will thrive, those who cannot will die.

    Be careful what you copy from ebay's system. Many things are copyrighted. L ike the buy it now system. ebay actually stole that and then paid a settlement to the owner so that they could own the rights to it. From what I understand, you can still have a instant buying function, but you cannot call it "buy it now". There may be other things to worry about. That is why a lawyer is needed.

    I wish you well, too, but from what I see, it seems you do not have a business plan in place with solid data to make that plan realistically implemented and goals reached.
    Posted 6 years ago  |  Login or Register to Reply
  4. stevedyno

    Joined: December 2003
    Posts: 52

    I am glad to hear about your project you wish to set up. It sounds very exciting and something to shoot for. However the chance of it thriving are minimal in my opinion.

    In any invention you have to be the first to come up with it. Ebay was the first (or one of the first) to come up with online auctions and as the years pasted it kept adding to its growing user base with new features and what not.

    We all see many things wrong with auction sites and talk negative about it, but in the end we will be still clicking the List My Auction button. Yes the fee's have gone up, and eBay is taking a bite of our profit, but they are the ones who bring the buyers to us, they advertise our products. All you really do is just submit your auctions and wait for users to bid on it, a very simple and easy process.

    The fee's are a killer, but if you want to complain go use other auction sites where the fee's are much lower (yahoo auctions for example). I dont see anyone doing this... for the simple fact because ebay brings the customers to you and your making more money then if you were to list on yahoo. Ebay is more popular and has been a recognized name all over the world.

    Now going back to your auction idea. Trying to replicate or be similar to the ebay concept is the wrong path in my opinion. You cannot possibly compete with this giant. No matter what "ideas" you have to make the auction expereince better, or how much dollars you invest in advertising.

    The approach I suggest to you is come out with something totally unique. I have no ideas on what you can possibly come up with thats different, but as said earlier, times change and new trends arise. Sorry to have wrote so much about the whole auction concept but I dont see much success if you plan on creating just "another" auction site. No matter what kind of little changes and ideas you have to bring to the game.
    Posted 6 years ago  |  Login or Register to Reply
  5. Veronica Stone

    Joined: October 2007
    Posts: 10,556

    One fundamental problems with ebay is their feedback system! It sucks!!! It seem that most sellers now do not leave feedback until the buyer has left feedback. How is that fair? We the buyer have already completed our side of the deal so the seller should leave us feedback! BUT no prizes for guessing why they don’t, I have needed to leave negative feedback about 2 ebayers but I couldn’t because they threatened me with retaliatory feedback. Further more, think of the amount of transactions that take place but never have feedback posted about them! In most cases it is the transactions that go wrong that end up with no one leavening feedback.

    You MUST come up with a better feedback system!!!! THERE ARE FAR TO MANY RIP OFF MERCHANTS ON EBAY, and they are getting away with it!!!
    Posted 6 years ago  |  Login or Register to Reply
  6. cxm322

    Joined: December 2003
    Posts: 1,167

    VanillaFashion wrote:You MUST come up with a better feedback system!!!! THERE ARE FAR TO MANY RIP OFF MERCHANTS ON EBAY, and they are getting away with it!!!


    Wow! Do you think that offering lower fees is going to curb the amount of fraudulent sellers. NOt on your life. It will only increase.

    As for feedback, it is sellers who benefit most from feedback, not buyers. There is no reason for a seller to leave feedback before feedback is left for him/her.

    Buyers are just as guilty of not leaving feedback. My experience is that only 20% of buyers leave feedback without you asking for it and only 5% leave feedback when asked for it. However, the feedback rate goes up for disgruntled buyers. Unsatisfied buyers are more likely to leave a negitive feedback before contacting the seller about the problem.
    Posted 6 years ago  |  Login or Register to Reply
  7. Veronica Stone

    Joined: October 2007
    Posts: 10,556

    cxm322 wrote:
    VanillaFashion wrote:You MUST come up with a better feedback system!!!! THERE ARE FAR TO MANY RIP OFF MERCHANTS ON EBAY, and they are getting away with it!!!


    Wow! Do you think that offering lower fees is going to curb the amount of fraudulent sellers. NOt on your life. It will only increase.

    As for feedback, it is sellers who benefit most from feedback, not buyers. There is no reason for a seller to leave feedback before feedback is left for him/her.

    Buyers are just as guilty of not leaving feedback. My experience is that only 20% of buyers leave feedback without you asking for it and only 5% leave feedback when asked for it. However, the feedback rate goes up for disgruntled buyers. Unsatisfied buyers are more likely to leave a negitive feedback before contacting the seller about the problem.


    So what does that mean, you disagree with what I have said? Why should a buyer be unsatisfied with a seller? If the seller is totally honest and gives a good description of the product the only problems that should arise should be to do with postage related problems. I have my own Ebay Shop (the name of which shall remain anonymous so you don’t think this is a plug) and I have 100% positive feedback from over 200 buyers. That is because I am honest and sell genuine items! There should be a feedback system that makes it impossible to leave retaliatory feedback. I know this is easier said than done.
    Posted 6 years ago  |  Login or Register to Reply
  8. cxm322

    Joined: December 2003
    Posts: 1,167

    VanillaFashion wrote:
    cxm322 wrote:
    VanillaFashion wrote:You MUST come up with a better feedback system!!!! THERE ARE FAR TO MANY RIP OFF MERCHANTS ON EBAY, and they are getting away with it!!!


    Wow! Do you think that offering lower fees is going to curb the amount of fraudulent sellers. NOt on your life. It will only increase.

    As for feedback, it is sellers who benefit most from feedback, not buyers. There is no reason for a seller to leave feedback before feedback is left for him/her.

    Buyers are just as guilty of not leaving feedback. My experience is that only 20% of buyers leave feedback without you asking for it and only 5% leave feedback when asked for it. However, the feedback rate goes up for disgruntled buyers. Unsatisfied buyers are more likely to leave a negitive feedback before contacting the seller about the problem.


    So what does that mean, you disagree with what I have said? Why should a buyer be unsatisfied with a seller? If the seller is totally honest and gives a good description of the product the only problems that should arise should be to do with postage related problems. I have my own Ebay Shop (the name of which shall remain anonymous so you don’t think this is a plug) and I have 100% positive feedback from over 200 buyers. That is because I am honest and sell genuine items! There should be a feedback system that makes it impossible to leave retaliatory feedback. I know this is easier said than done.


    Confused now.

    But about your 200 positive feedbacks. That is great, but all I am trying to say is that my experience is that only 20% of my buyers bother to leave feedback. ANd all that leave a negative are just unsatisfiable because I state axactly the truth and I ship exactly as stated. I get negatives ro wonderful stuff like it took 7 days to get here or arrived damaged. of course it took seven days to get there, I told them is shiped vioa ground and would take 7-10 business days to arrive. I ship immediately, but I cannot get UPS or FedEx to ship faster than they do without upgrading to air shipping. Or how about when you get a negative for something like a book where the buyer simply did not like the book. I did not write the book and the buyer has no problem with the condition or anything like that, he just did not like the book, so he givesd me a negative feedback like I had something to do with the contents of the damn book.

    So tell me, you have 200 positive feedbacks, but how many sales have you made total?

    NO retaliatory feedback. Are you saying that sellers should not be allowed to leave a negative for buys. I had many people send me bad checks. THey bounce, I get a fee, and the buyer does not respond to any requests to at least reimburse me for the bank fees. When a check bounces and I cannot even recover the bank fees, you bet I'm gonna leave a negative feedback for that buyer. Jus tthe same, if I get an unjust negative from a buyer and they do not have any intention to work with me to resolve any isssues I can resolve, I will leave retaliatory feedback...FOR SURE.

    YOu make it seem as though all the crooks on ebay are sellers. I can assure you that for ever crooked seller there are at least 5 crooked buyers.
    Posted 6 years ago  |  Login or Register to Reply
  9. Veronica Stone

    Joined: October 2007
    Posts: 10,556

    I also stopped giving feedback to buyers as soon as I get there money. I have been selling for a few years now and a lot has changed. There seems to be a lot more people buying on ebay and a lot more dumb people buying that think they understand how ebay works and they don't.
    I had a buyer with like 2 feedbacks try to pay with paypal unverifed and unconfirmed when I sent her money back and tryed to tell her why they just didn't get it and left neg feedback. I had a buyer from canada pay with pay pal I shipped it out and like on day 7 they where trying to get there money back from paypal because they didn't receive the item yet. It takes 3 to 10 business days and thats with out the holidays. So I do not leave good feedback for buyers until they have got there package and are happy and leave me feedback or I check my feedback and if I have shipped it out and its been awhile then I know they must be happy and I leave them good feedback. I think the feedback works for the most part and is better then nothing. Sometimes I would like to say a bit more then they let us.
    Posted 6 years ago  |  Login or Register to Reply
  10. Veronica Stone

    Joined: October 2007
    Posts: 10,556

    cxm322 wrote:
    VanillaFashion wrote:
    cxm322 wrote:
    VanillaFashion wrote:You MUST come up with a better feedback system!!!! THERE ARE FAR TO MANY RIP OFF MERCHANTS ON EBAY, and they are getting away with it!!!


    Wow! Do you think that offering lower fees is going to curb the amount of fraudulent sellers. NOt on your life. It will only increase.

    As for feedback, it is sellers who benefit most from feedback, not buyers. There is no reason for a seller to leave feedback before feedback is left for him/her.

    Buyers are just as guilty of not leaving feedback. My experience is that only 20% of buyers leave feedback without you asking for it and only 5% leave feedback when asked for it. However, the feedback rate goes up for disgruntled buyers. Unsatisfied buyers are more likely to leave a negitive feedback before contacting the seller about the problem.


    So what does that mean, you disagree with what I have said? Why should a buyer be unsatisfied with a seller? If the seller is totally honest and gives a good description of the product the only problems that should arise should be to do with postage related problems. I have my own Ebay Shop (the name of which shall remain anonymous so you don’t think this is a plug) and I have 100% positive feedback from over 200 buyers. That is because I am honest and sell genuine items! There should be a feedback system that makes it impossible to leave retaliatory feedback. I know this is easier said than done.


    Confused now.

    But about your 200 positive feedbacks. That is great, but all I am trying to say is that my experience is that only 20% of my buyers bother to leave feedback. ANd all that leave a negative are just unsatisfiable because I state axactly the truth and I ship exactly as stated. I get negatives ro wonderful stuff like it took 7 days to get here or arrived damaged. of course it took seven days to get there, I told them is shiped vioa ground and would take 7-10 business days to arrive. I ship immediately, but I cannot get UPS or FedEx to ship faster than they do without upgrading to air shipping. Or how about when you get a negative for something like a book where the buyer simply did not like the book. I did not write the book and the buyer has no problem with the condition or anything like that, he just did not like the book, so he givesd me a negative feedback like I had something to do with the contents of the damn book.

    So tell me, you have 200 positive feedbacks, but how many sales have you made total?

    NO retaliatory feedback. Are you saying that sellers should not be allowed to leave a negative for buys. I had many people send me bad checks. THey bounce, I get a fee, and the buyer does not respond to any requests to at least reimburse me for the bank fees. When a check bounces and I cannot even recover the bank fees, you bet I'm gonna leave a negative feedback for that buyer. Jus tthe same, if I get an unjust negative from a buyer and they do not have any intention to work with me to resolve any isssues I can resolve, I will leave retaliatory feedback...FOR SURE.

    YOu make it seem as though all the crooks on ebay are sellers. I can assure you that for ever crooked seller there are at least 5 crooked buyers.


    I am defiantly not saying that sellers should not be able to leave negative feedback about buyers!!!! My very point is that both parties should be able to leave negative feedback without the fear of getting retaliatory feedback! My problem is SOME PEOPLE LEAVE NEGATIVE FEEDBACK PURLY BECAUSE THEY WERE GIVEN NEGATIVE FEEDBACK. The end result is a large about of people (myself included) will NOT leave negative feedback for fear of getting “retaliatory” feedback. THIS IS THE PROBLEM I SEE WITH EBAY. Further more I think it should be an obligation to leave feedback, not just an option. With reply to your question, I have sold to 233 people, 23 people have not left me feedback. After every sale once the buyer has received there items I ask them to leave feedback. Then I beg them to leave feedback, then I remind them again and then beg some more. So I spend a large amount of time asking people to leave me feedback. AND as soon as their payment CLEARS I leave them feedback.

    Anyway, we might me diverting a little from the first post. And the point I was trying to make was the Ebay feedback system leaves a lot to be desired. There is room for much improvement.

    Regards,
    Posted 6 years ago  |  Login or Register to Reply

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