eBay users can now view sample screenshots of eBay's recently announced "Feedback 2.0" system on the eBay UK website. The new system will allow buyers to rate transactions on item description, communication, shipping time, and shipping & handling charges. In late February, eBay will pilot Feedback 2.0 on eBay.co.uk, eBay.ie and in Australia, Belgium, France, India, Italy and Poland. If all goes well, eBay will launch the new system globally in late spring or early summer.
Read more http://www.auctionbytes.com/cab/abn/y07/m01/i23/s03
Wednesday, January 24, 2007
Car Dealership Auctions Off Super Bowl Tickets
MIAMI While thousands of Bear and Colt fans try to figure out how they will get their hands on Super Bowl XLI tickets, a Homestead car dealership is offering up two free tickets, but there is a catch.Armstrong Toyota-Scion of Homestead is auctioning off a 2006 Toyota Sequoia on eBAY that they loaned to current Miami Dolphin running back Ronnie Brown.
As an incentive to potential buyers, they have also decided to throw in two Super Bowl tickets.With premium seats to the Big Game already being offered on eBay for up to $20,000, some fans are taking advantage of Brown’s offer. Eight people have placed bids for the SUV/Ticket combo, with the highest bid reaching $12,100 as of 2:30pm on Tuesday afternoon.Potential buyers have until January 29th to place their bids.
As an incentive to potential buyers, they have also decided to throw in two Super Bowl tickets.With premium seats to the Big Game already being offered on eBay for up to $20,000, some fans are taking advantage of Brown’s offer. Eight people have placed bids for the SUV/Ticket combo, with the highest bid reaching $12,100 as of 2:30pm on Tuesday afternoon.Potential buyers have until January 29th to place their bids.
Weakness in Ebay's Core Auction Revenue Worries Analysts
Houston, TX - The world's No. 1 auction Website, Ebay is showing weakness in its core auction revenue with no indication of improving conversion rates, despite lower listings, according to Piper Jaffray analyst Safa Rashtchy.
"Investors should focus on user monetization and marketing efficiency metrics," writes Rashtchy.
The investment banking analyst noted that listings were down 8 to 11 percent over its estimate.
Rashtchy said that, "Ebay's revenue per auction has been $1.65, we expect it to be $1.73 in Q4; for a full recovery, revenue per auction should be above $1.82."
read more http://www.axcessnews.com/modules/wfsection/article.php?articleid=12807
"Investors should focus on user monetization and marketing efficiency metrics," writes Rashtchy.
The investment banking analyst noted that listings were down 8 to 11 percent over its estimate.
Rashtchy said that, "Ebay's revenue per auction has been $1.65, we expect it to be $1.73 in Q4; for a full recovery, revenue per auction should be above $1.82."
read more http://www.axcessnews.com/modules/wfsection/article.php?articleid=12807
Questions about eBay's Ban on Auction Extenders
Today's article on eBay's ban of extender tools has raised some questions from readers. They want to know why eBay considers changing auction duration "fee avoidance." Here's what one reader had to say:"I'm trying to figure out how it's "fee avoidance" if the price for 1-7 day auctions is the same, and if you extend to 10 days, eBay bills you for that.
"Another reader said, "The only way you can come up with a fee avoidance by using an extender is if eBay is saying that by using an extender you are increasing your success rate (sellthrough) and therefore having to relist less often and therefore depriving eBay of fees. But even that greed-based concept is flawed since increased sellthrough means more FVF fees for eBay. Again, I hope you can get eBay to clearly explain how an extender constitutes fee avoidance."
Read more http://blog.auctionbytes.com/cgi-bin/blog/blog.pl?/comments/2007/1/1169567390.html
"Another reader said, "The only way you can come up with a fee avoidance by using an extender is if eBay is saying that by using an extender you are increasing your success rate (sellthrough) and therefore having to relist less often and therefore depriving eBay of fees. But even that greed-based concept is flawed since increased sellthrough means more FVF fees for eBay. Again, I hope you can get eBay to clearly explain how an extender constitutes fee avoidance."
Read more http://blog.auctionbytes.com/cgi-bin/blog/blog.pl?/comments/2007/1/1169567390.html
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