posted on May 13, 2003 08:57:39 AM new
There is no extra charge for Yahoo Auctions BIN or 10 day duration or two extra photos and everything is free gallery.
History of Yahoo Auctions
In the beginning there was ebay. Things were great for the first few years. Then ebay raised their fees ( especially the insertion or listing fee ) considerably and on lower priced items or aution items that had to wait for a buyer that got very restrictive. Then came Yahoo Auctions. Free, free , free with tons of buyers. Life was great. It was like Half.com but free.
Then came the blunder. Nothing can stay free forever and Yahoo Auctions decided to charge a huge 20 cents insertion fee and a small Final Value Fee. If Yahoo had gone with a 10% FVF and no listing fee it would have wiped out Half.com and much of ebay's listings and they would have made a bushel of money. Instead, the listings dropped from 2.5 million to 250,000 in a heartbeat. The buyers left when the sellers left.
In a frugal attempt at a comeback, Yahoo lowered the insertion fee to a nickel. Too late, as the tumbleweeds had taken over the ghost town. If they had gone with the free listings and a 10% FVF they would have still had a chance and still do but their management can not see anything but the insides of their butt.
posted on May 13, 2003 01:21:40 PM new
In many ways (heck, maybe in MOST ways) Yahoo is technically superior to eBay. Free Buy It Now, Freee 10 Days listings (14 if you know how), seller booths, integrated payment through Paydriect, Lower fees, post management through My Auctions, and much more.
There's only ONE drawback to Yahoo. No buyers. Sigh... Just one little detail...
Sniping works up a thirst"