Salgal48
|
posted on July 11, 2005 06:13:15 PM new
I think so. They're mature and aging, something different needs to come along.
http://lwright.biz/index.html
|
jake
|
posted on July 11, 2005 06:36:05 PM new
The peak was in 1999. All downhill since then. Just as I predicted here back then.
I'm surprised no one has come up with the next great thing yet.
|
Roadsmith
|
posted on July 11, 2005 09:55:20 PM new
If Ebay would just institute a policy that any auction that gets a bid - even near the end of the auction - the time gets extended XX minutes. That would put some fun into it.
|
cashinyourcloset
|
posted on July 12, 2005 04:08:53 AM new
road, I think extending the auction 5 - 15 seconds after a bid would be sufficient to let even the slowest phone-connection bidder get a chance at another bid, and wouldn't make me stay up past midnight to see auctions end (unless they really go to the moon, in which case I'll gladly miss my evening  ).
Claude
|
jtomp
|
posted on July 12, 2005 04:37:20 AM new
I agree, that idea has been around for a while and I can't understand why eBay doesn't go for it. I think it would add a lot of excitement and profit.
|
ebabestreasures
|
posted on July 12, 2005 05:26:21 AM new
Yeah Roadsmith - that's a good idea. I think they had that at Yahoo back in the day when I tried selling there. I always felt that Yahoo had a LOT of the right ideas and where more seller friendly except for having no bidders 
|
toolhound
|
posted on July 12, 2005 06:25:30 AM new
I do not understand how extending an auction would help. Maybe on one of a kind items (not many of those)but in general if you don't win the item going off wait a few minutes and bid on the next one. I agree with jake 1999 was the peak.
|
Roadsmith
|
posted on July 12, 2005 08:31:31 AM new
Wait a few minutes and bid on the next one?
This doesn't work for collectibles, believe me. Usually there's no "next one" for a week or a year.
And someone suggested an extra 10 or 15 seconds. That wouldn't allow a bidder who gets an e-mail from Ebay that he's been outbid to get back on Ebay, sign in (if necessary), get the auction page, bid, etc. That can take up to 5 minutes if you're lucky (on dial-up). The original suggestion from someone was to extend the auction for something like 10 or 15 minutes (I forget the exact number).
|
stonecold613
|
posted on July 12, 2005 10:16:34 AM new
Any more than 5 minutes is too long. If that last minute bidder isn't already online, well too bad. Sucks to be them. I agree with extending the ending time. 15 seconds is not long enough, but 5 minutes is plenty. I would say even 3 minutes would do.
.
.
.
Alive in 2005
|
WashingtoneBayer
|
posted on July 12, 2005 12:02:32 PM new
Adding time is the very reason I quit bidding on yahoo.
Kills sniping and penalizes those who actually bid in the last minute to win. If ebay does this I hope they make it an optional add on/enhancement.
Ron
|
peiklk
|
posted on July 12, 2005 01:12:29 PM new
I LOVE the sniping protection -- extending the time.
But it should only add 1-2 minutes at the end if a bid comes in at the end, not add minutes for each bid. Bottom line would be that from the last bid, all auctions end on 1-2 minutes of "silence"
So if a bid comes in with 30 seconds to go, the auction gets extended (in a 2 minute situation) by 1:30. This gives a total of two minutes for another bid to come in. If that two minutes passes with no bid, then it ends. But if a bid comes in, then it is extended again. But the end would always be two minutes after the last bid.
GREAT IDEA!
This is only a benefit to sellers. People could still snipe their bids and gamble on that two minute window.
I can see it being the default for all auctions and may an opt-out for those few sellers who wouldn't want the benefits.
------
"Bend over backward for the customer. Don't bend forward."
Bush/Cheney 2004 -- FOR AMERICA'S SAKE!
|
Damariscotta
|
posted on July 12, 2005 01:19:52 PM new
I go to live auctions all the time, and they certainly have not "peaked". On-line "auctions" for items not appropriate for auction selling may be a different story. I think some sellers are so "eBay-centric" they don't see this. Ebay is wonderful (for some items). Ebay is awful (for some items).
|
WashingtoneBayer
|
posted on July 12, 2005 01:25:41 PM new
Default? No, not when eBay could charge for the service.
Ron
|
peiklk
|
posted on July 12, 2005 01:28:46 PM new
Nah, it should be the default, because it is better for auctions and sellers AND thus better for ebay (higher fees).
They should charge for those who don't want the better feature in order to make up for the lost revenue.
------
"Bend over backward for the customer. Don't bend forward."
Bush/Cheney 2004 -- FOR AMERICA'S SAKE!
|
WashingtoneBayer
|
posted on July 12, 2005 01:52:32 PM new
Yes but think about it, ebay has to refund FVF's for deadbeats but keeps all the insertion money.
Ron
|
toolhound
|
posted on July 12, 2005 02:24:08 PM new
"This doesn't work for collectibles, believe me. Usually there's no "next one" for a week or a year".
If I want something that is rare and another won't be up for a year I am going to bid the highest I will pay in my snipe bid. If I don't win it then it went for more than I was willing to pay. It does not matter if 5 minutes or 5 days is added to the auction time.
[ edited by toolhound on Jul 12, 2005 02:25 PM ]
|
ebayvet
|
posted on July 12, 2005 02:59:18 PM new
As far as auctions peaking, I think that is ridiculous. That format has been around for centuries. Auctions actually existed before ebay, what is amazing about ebay is the size and impact, not the format. Yes, there will come a time when ebay isn't going to grow anymore unless they expand to other areas, that is true of any business.
As far as adding a 5 minute rule, I am against that as a buyer and a seller. If you think people whine now about being sniped, they will whine even more when they think they should have won, but got outbid. I think a solid stop time makes prices go higher as a seller, and as a buyer I know when it is over, it is over...
|
peiklk
|
posted on July 12, 2005 03:09:19 PM new
WashingtoneBayer: Yes but think about it, ebay has to refund FVF's for deadbeats but keeps all the insertion money.
Actually, you relist the item and it sells, you get the credit for the relist insertion fee -- so the net result is they give it back to you.
toolhound: If I want something that is rare and another won't be up for a year I am going to bid the highest I will pay in my snipe bid. If I don't win it then it went for more than I was willing to pay. It does not matter if 5 minutes or 5 days is added to the auction time.
Correct. The extension is not for you. It's for those who don't snipe or are online. Net result is STILL the seller wins because more people get a chance at a last minute bid. If you put in a $120 snipe and that goes in and only drive the price to $75, then the extra time lets others drive YOUR bid higher (up to the max you wanted to pay anyway). They enter $80, $100, $120 and your bid still takes precedence, but goes up to what it should be.
ebayvet: As far as adding a 5 minute rule, I am against that as a buyer and a seller. If you think people whine now about being sniped, they will whine even more when they think they should have won, but got outbid.
How? They enter a bid, just like they do now. They become the top bidder and are informed if the deadline was extended. Nothing to whine about. This is actually making ebay MORE like a real auction in that you have GOING ONCE, GOING TWICE period where someone can jump in. Real auctions aren't a fixed period of time, but until no bids are offered. About time ebay did it right.
------
"Bend over backward for the customer. Don't bend forward."
Bush/Cheney 2004 -- FOR AMERICA'S SAKE!
|
WashingtoneBayer
|
posted on July 13, 2005 06:10:22 AM new
What happend to the original insertion fee?
Ron
|
peiklk
|
posted on July 13, 2005 08:29:57 AM new
You pay the first insertion fee. Deadbeat bids on it. You get charged an FVF.
File for NPB, get the FVF back.
Relist the item. Sells, ebay credits you the insertion fee. You pay new FVF.
Net result, you paid one insertion fee and one FVF.
------
"Bend over backward for the customer. Don't bend forward."
Bush/Cheney 2004 -- FOR AMERICA'S SAKE!
|
