tomwiii
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posted on February 17, 2003 09:07:31 AM new
http://tinyurl.com/5ylz
Ralphie loves Mr Blonde:
"Are you gonna bark all day little doggie, or are you gonna bite?"
http://tinyurl.com/5duz
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Twelvepole
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posted on February 17, 2003 09:11:03 AM new
WOW, RESERVE FEES FOR LARGE TICKET ITEMS....OUCH IF YOU SELL THAT TYPE OF ITEM.
AIN'T LIFE GRAND... 
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REAMOND
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posted on February 17, 2003 09:50:46 AM new
This is very odd. eBay has in effect reduced fees for these services.
Could the accounting office noticed that revenues aren't growing and they need some stimulation ?
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Twelvepole
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posted on February 17, 2003 10:22:35 AM new
REAMOND, CURRENTLY THE MOST YOU PAY FOR A RESERVE AUCTION IS $2.00 NOW IT WILL BE 1% OR LIKE IT SAYS $10/$1000
THAT UNFORTUNATELY IS NOT A REDUCTION...
AIN'T LIFE GRAND...
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Interyenta
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posted on February 17, 2003 10:23:33 AM new
How is it a reduction?
A $1,000 item is now $10 if you want
a reserve. Was $2.00. That's a 500% increase.
I truly hope I'm wrong  .
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uaru
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posted on February 17, 2003 10:50:32 AM new
For the vast majority of sellers fees have been reduced. I'm sure this is not going to set well with the Nostradamus bunch that have been predicting price increases across the board.
A mighty auction house will rise
it's growth will reach enormous size
Queen Meg's shall rule with an iron fist
and quarterly charge more for you to list.
- Michel Nostradamus 1566 -
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tomyou
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posted on February 17, 2003 10:52:31 AM new
It is an effort to stop people from listing things with a huge reserve that will never be meet. I am not a big fan of a reserve auction anyway and the main reason people use it is to avoid the larger fee by starting at a lower price and reducing the launching fee. I always start my auctions at the minimum I will take and never use a reserve anyway so the only fee changes that effect me are the reductions so I kinda like them !
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REAMOND
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posted on February 17, 2003 12:20:02 PM new
The reserve price was reduced for lower priced items. The Bold title prices were reduced.
For the vast majority of eBay sellers, this is a price reduction.
It would also appear that for some reason eBay doesn't want sellers to use reserve on high priced items. The alternative is to list the item at the reserve price as an opening bid and pay a higher listing fee.
If I list an item for $9.99 with a reserve of $500, I pay a $1.30 listing fee. How much would I pay if I listed without reserve and an opening bid of $500 ?
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katrina7
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posted on February 17, 2003 12:24:42 PM new
Correct me if I'm not getting this but...wouldn't the reserve fee for a $500 reserve listing be $5???? I don't see where you are getting $1.30
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sparkz
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posted on February 17, 2003 12:27:08 PM new
I more or less expected something like this. If you will browse the big ticket item page, you'll find many "auctions" that have an enormous reserve that will not be met. They usually manage to get 1 bid from a 0 feedback newby immediately after being listed to get them into the big ticket area. These are not really auctions, but a chance to advertise an expensive item for 10 days so they can make an off Ebay sale.
The light at the end of the tunnel will turn out to be an oncoming train.
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REAMOND
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posted on February 17, 2003 12:33:02 PM new
Reserve fees are presently $1. I am making a comparison.
Sellers will have to choose when the reserve rates are raised between listing with a reserve or listing without a reserve but with a high starting bid.
Right now listing at $9.99 with a $500 reserve costs $1.30, after the increase it will cost $5.30, but what does it cost to list with a $500 opening bid with no reserve ?
[ edited by REAMOND on Feb 17, 2003 12:38 PM ]
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bkmunroe
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posted on February 17, 2003 12:43:16 PM new
An auction with a starting bid of $9.99 and a $500 reserve costs $5.30 now. $3.30 insertion fee and a $2 reserve fee.
An auction with a $500 starting price has a $3.30 insertion fee.
Insertion fees are based on the starting price in non-reserve auctions and the reserve price in reserve auctions.
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pointy
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posted on February 17, 2003 01:33:16 PM new
For me it stinks. I list many items with a $1000 reserve. I find if I set a starting price at $1000, no reserve, I get a sell thru rate around 10%. If I list with $500 starting bid, and $1000 reserve, I get a sell-thru rate around 30%, and an average selling price around $1200. Now I will have to pay $8 extra to list these auctions. I also list auctions with reserves of $3000, $5000, and $10000. I'll have to change my way of listing, no way I'm paying $100 to list an item. There's nothing sinister in my auction with a $10000 reserve. It usually is an item that costs me $9400. If I list at $10000, no reserve, then another seller will come along and list at $9900, then another at $9800, until it reaches the point where someone is willing to sell a $10000 item for a $50 profit(while Ebay makes $200)
.
.This is not really about raising fees on expensive items. It looks like it will more or less do away with the auction format on high priced items. Ebay will be more like a store on these items, with competing Buy it Now's.
.
.
.Whether you have a very high reserve, or a very high starting price, this does not affect off Ebay sales. I see many sellers who list hundreds of very high starting bid items every week, yet only show 1 or 2 sales a month. Buyers know when a seller is looking at a FVF in the hundreds, this leaves room for off Ebay negotiation. Mainly, the only time the starting price is bid, it's a scam from Indonesia.
.
.I realize the inclination is to not shed any tears for me. The feeling is that those who sell high priced items make high priced profits. Not true. Commonly the salesgirl selling socks in Saks makes more than the salesgirl selling diamonds at Tiffany's. I bet I made less income last year than 50% of the full-time sellers. This will cut my profit more.
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stopwhining
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posted on February 17, 2003 01:54:20 PM new
pointy,
i dont know what you sell,but whatever you sell sounds like high ticket items and not one of a kind if other sellers are selling them too,are they expensive watches??
have you looked into yahoo shopping??
the monthly fee is pretty cheap compared to ebay,of course there will always be the gang from indonesia
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Interyenta
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posted on February 23, 2003 02:52:36 PM new
Pointy,
I think it will drive high-end sellers off of
ebay. Why bother to list there, when you have
to factor in a bunch of relists on expensive stuff? A $10,000 item is not an impulse purchase!
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stopwhining
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posted on February 23, 2003 03:48:10 PM new
pointy said,
There's nothing sinister in my auction with a $10000 reserve. It usually is an item that costs me $9400. If I list at $10000, no reserve, then another seller will come along and list at $9900, then another at $9800, until it reaches the point where someone is willing to sell a $10000 item for a $50 profit(while Ebay makes $200)
\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'
There is something fundamentally wrong here,an item costing you the seller 9400 should not be sold at 10,000.
i assume this is an expensive watch,does the maker know you are selling at such a low price,i dont think makers like that,it will hurt their distribution channel.
i know high end luxury items maker do check on prices retailers sell their goods for and if they dontlike what you are doing,they will tell you.
look what happens to lladro and lenox and russian lomonsov and what is that czech company which makes nice porcelain,their prices just went into the gutters.
same can be said with lalique when someone was selling from canada at wholesale cost.
not a healthy sign for all.
OR ARE YOU JUST DUMPING THEM SO YOU CAN RECOVER YOUR COST??
[ edited by stopwhining on Feb 23, 2003 03:51 PM ]
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pretegra345
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posted on February 23, 2003 03:52:27 PM new
To answer REAMOND's question, it costs 3.60 (Using the Gallery and BIN) to list an item within an opening bid of $500 and no reserve.
IMHO -- Reserve prices aren't all they're cracked up to be, because most of the people who bid are just looking for a "steal" and aren't going to bid the item up to a profitable price and/or some people are scared to bid the item up because they're afraid of ending paying more then they want to.
But that's just me.........
Anyway, as far as my own business goes -- the fee changes mean nothing. *shrugs*
-M
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stopwhining
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posted on February 23, 2003 04:09:42 PM new
what they are saying is that some serious buyers will email the seller and ask what is the reserve,knowing the seller will pay final value fee if they bid on the item,the buyer will just say-sell me off ebay for less as you dont have to pay final value fee.
i think ebay is trying to stop this practice.
also another point to consider is that an off ebay transaction is not covered by ebay insurance and buyer cannot leave feedback to warn others.
but irregardless ,the buyer will come to ebay and carp if the transaction did not pan out.
[ edited by stopwhining on Feb 23, 2003 04:12 PM ]
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REAMOND
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posted on February 23, 2003 04:25:01 PM new
eBay "insurance" has a deductable and limit of $400. I don't believe it covers lost in the mail or goods damaged in the mail.
You are better protected buying a large ticket item off eBay and using a credit card.
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sapington
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posted on February 23, 2003 04:52:42 PM new
"The Reserve Price Fee will continue to be fully refunded if the item sells."
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neonmania
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posted on February 23, 2003 06:21:25 PM new
Pre - Reserves work as long as it is an reasonable reserve. Prime example - a few months ago I listed a poster at 41.00 with a $250 reserve and sold it for nearly $300. This is a limited edition piece, only 250 were done so ebay isn't exactly loaded with them. Since then I check back frequently to see how the market is going for this artist and have seen this same piece listed 3 times by the same seller (coincidentally the same gallery I bought it from 8 years ago) with a starting price of $199 - it still has not sold.
I had another piece I first listed with an opening bid o $75. Not a single bid. Relisted at $1 with $75.00 reserve and sold for $140.
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