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ATABenjamin
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Joined: 01 May 2007
Posts: 13

PostPosted: Fri May 04, 2007 3:05 pm    Post subject: Reply with quote

jumble wrote:
do you think google, msn or yahoo will ever venture into the auction arena? Smile

Doesn't yahoo already have auctions?
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PostPosted: Fri May 04, 2007 3:05 pm    Post subject: Recommendation: Auction Selling 101

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Mark
Site Admin


Joined: 02 Aug 2005
Posts: 716

PostPosted: Sat May 05, 2007 12:25 pm    Post subject: Reply with quote

Yahoo auctions are closing down their US services on the 16th June this year.

http://auctions.yahoo.com/show.....pe=message
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thecountryowl
AuctionCUT Moderator


Joined: 14 Mar 2007
Posts: 140

PostPosted: Sat May 05, 2007 1:51 pm    Post subject: Reply with quote

jumble wrote:
Quote:
Like you, I tried it for a while. Never made a dime. I think you need a really high volume site in order to get any click thrus that result in revenue.


Yeah you are probably right. And I guess if you sell the big ticket items like plasma TVs then I guess you could survive on just a small number of sales. I was tempted to setup a website specifically for that purpose but in the end I could not be bothered writing about something that was of little interest to me Smile


I think that is a key. Interest. It is difficult otherwise. I set up a site once. I've still got it. Hobby Wheels Deals. It was Hot Wheels Deals, until I got a letter from the Mattel attourneys. I thought, easy to stock, easy to ship, good money, can't lose on vintage diecast. In the end, I really wasn't interested, and eventually, I changed my blog to automotive as well as the site.

Unfortunately, I have little time to work on that nowadays, so it'll likely end up in the boneyard, but it goes to show you, if you aren't passionate about the subject matter, you really wont' have the drive you need to make it happen.
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thecountryowl
AuctionCUT Moderator


Joined: 14 Mar 2007
Posts: 140

PostPosted: Sat May 05, 2007 1:52 pm    Post subject: Reply with quote

Mark wrote:
Yahoo auctions are closing down their US services on the 16th June this year.

http://auctions.yahoo.com/show.....pe=message


Man, that is a kick in the teeth to anyone hoping for some real competition.

I think eBay is just going to keep sailing.
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ATABenjamin
Contributor


Joined: 01 May 2007
Posts: 13

PostPosted: Fri May 18, 2007 1:55 pm    Post subject: Reply with quote

Ebay is King right now, for sure.
However, it's predicted that business to consumer sites will see a big rise in the future!
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thecountryowl
AuctionCUT Moderator


Joined: 14 Mar 2007
Posts: 140

PostPosted: Sat May 19, 2007 3:16 pm    Post subject: Reply with quote

ATABenjamin wrote:
Ebay is King right now, for sure.
However, it's predicted that business to consumer sites will see a big rise in the future!


I'll believe it when I see it. Start up is the nail in the coffin. If it could be done, I think Google would be into it. Time will tell I guess.
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solution81
Contributor


Joined: 22 Mar 2008
Posts: 16

PostPosted: Tue Mar 25, 2008 3:45 am    Post subject: Reply with quote

eBay's only competition is Amazon, which caters to actual professional businesses. I just do not see anyone challenging eBay any time soon. The thing is....it's not easy to run an auction site!!! Yahoo tried to do it, but failed. Google has Froogle but it doesn't do crap either. In order to compete with eBay, you need buyers. All these other sites mentioned here have no buyers. eBay spends a fortune on advertising and little guys such as eBid just don't have the money to compete with that. Yahoo and Google don't specialize in auctions, and they are doomed to fail.
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