[quote author=youroverheadbin link=topic=3775.msg37653#msg37653 date=1166658079]
Quote:xxxxxxxxxx,
Excellent point and concern regarding buyer behavior and our unique OneBid Instant Purchase listing format.
Visually, potential buyers will now find it extremely easy to differentiate between Online Auctions (with BIN) and OneBid Instant Purchase items.
To have both listing formats use a single nomenclature and icon we feel would devalue the BIN and OneBid differences.
BIN is a selling tool that can be recognized and used by potential buyers to end a potentially highly competitive listing instantly, and in doing so create a sense of "value" relative to the listing.
Some sellers set very high BIN prices, using the tool as a relative "value builder" compared to the opening bid price.
Others use BIN to set a price very close to the opening bid price, thereby encouraging instant buying activity.
OneBid is unique in that it creates no "relative" pricing/value scheme; it simply presents an item as available at the same price instantly to all buyers, and relates most closely to conventional online retailing.
For those reasons, we think the current listing formatting is precisely set to take advantage of both the traditional auction market and conventional retail market, and attract potential buyers from both of these distinctly different buyer dynamics
Karen - WP Customer Care
If I read the word
dynamic one more time I will commit hari kari!!!! It's excruciating vocabulary torture. Replication to the point of ad nauseum. Contributing to the spiraling image becoming evident when you look into my eyes. It is cyberspace abuse!!
Is there a internet damage specialist lawyer in the house!!
[/quote]
Edited because I forgot to x out the OP
Ray uses "Dynamic" like Meg uses "Vibrant".
Both of them need to go to Washington and hang out with the other Spin Doctors.Â
WAGGLEFACT OF THE DAY
Sales from the top 25 sellers based on items listed.
As of 12/20/06
Total items listed                           = 157,072 ( WP home page #)
Total items listed by the top 25 sellers            =  63,741 (About 40.6% of all items listed)
Total WP site sales to date                    =  25,760 (As stated & taken from the WP sales report)
Total sales based on buyer feedback from the top 25 Â = Â Â 1522 (About 5.9% of total stated sales)
Conclusion:
Well let me put it this way. All numbers stated above were taken from pages right on WP that anyone can see. They represent stated fact by WP itself and if you donÂ’t believe it check for yourself. Take into account that the numbers above do NOT account for any feedback solicitation. To me WP doesnÂ’t seem like a place where you should be listing your entire inventory.
Are we to believe that 94.1% of all the sales come from stores with less inventory then the top 25? Now I am sure you have heard the explanation that 95% of buyers donÂ’t leave feedback on WP (yeah right). Only an idiot would believe that. What good have all those listing contests done for these sellerÂ’s. NOTHING. Â Oh by the way congrats to seller number 18 you were the top seller from this group!
let the truth be told
u1it4less - "it's all in the name.."
X-POP NATION, A real seller's network
Quote:You know there's trouble when...
The same popper starts a thread about about an alternative selling site, vstores; and another chimes in, asking about etsy. Â
Wonder how long that one will last ? (Titled: "has anyone heard of..." on the Advanced Selling board)
JoJo
Unhappy Popper is the one who said "Not a single holiday sale", remember. Well, the above THREAD IS HISTORY. Popper did get a couple responses before it was axed. Quilt lady did say she was selling on Etsy, and to PM her and she would give info. I wonder if the PM got censored, too.
Unhappy Popper has since started another thread on PayPal invoicing. Since thread No. 1 was pulled another Popper that apparently wanted to respond to it was not given the chance and put in her post on the new thread instead.
Here's the reassuring pep talk the unhappy Popper gets:
Quote:Don't know (about PayPal question), but I wanted to let you know I've been thinking about you... hope you are feeling a little more optimistic about selling. I looked at your store and see you are still tweaking your product. You have a few very tough niches there, for sure. Used clothing is tough just about any time except for little boys stuff age 3-10. Baby and toddler stuff is especially hard as many folks will only buy new for the diaper and spit-up years. And media... well we know all the music stores are going out of biz with downloads taking over the world.
Hope you keep your chin up and keep looking around for some hot product. Your logo is great!
If it is any consolation, I took about 3 years to come up with my 1st two niches, and I'm still working on obtaining reasonably priced product for my dream niche. And neither of my 2 Popper stores are doing much popping yet, but I've budgeted for 2 years to build this biz, and most folks aren't buying paper or vintage collectibles for Christmas.
Hang in there and enjoy the holidays
I'm sure unhappy Popper feels a lot better now.
Truth,
Great Wagglepoop Fact. Thanks from this poster for all the hard work and time you put into compiling the information.Â
[quote author=youroverheadbin link=topic=3775.msg37663#msg37663 date=1166665954]
Truth,
Great Wagglepoop Fact. Thanks from this poster for all the hard work and time you put into compiling the information.Â
[/quote]
DITTOÂ
Great Wagglefact, Truth. Something that's obvious, even from casual observation, but I never actually cranked out the statistics to prove it.
It simply makes no sense that stores with fewer listings get most of the sales. It goes contrary to logic, especially on a site like WP where the Maxi-stores have the where-with-all to do the spamalot all over the net for a strategic advantage over the moms-crocheting-doilies crowd. Not only is this supported by the numbers, but according to the sellers themselves, a minimum of 200-300 store listings (or is it 500 -- the number seems to be increasing) need to be tallied before most sellers can even hope to see any action in views, let along sales. The feedback has NEVER matched the "reputed" number of sales.Â
Add the argument that "95% of buyers don't leave feedback" is so bogus for reasons any moron could figure:
(1) Most of the sellers came from eBay, and since the sellers are mostly the buyers, they know to leave feedback.
(2) Most sellers are so desparate to get feedback, they'll beg, borrow, steal and pull teeth to get it. I find it hard to believe they would just let 95% of their buyers gleefully walk away from a sale without pesterring the begeesis out of them for feedback.
But then, what do I know? Deductive reasoning and basic math are not part of Wagglethink.
Â
[quote author=Alskling link=topic=3775.msg37668#msg37668 date=1166669051]
Great Wagglefact, Truth. Something that's obvious, even from casual observation, but I never actually cranked out the statistics to prove it.
It simply makes no sense that stores with fewer listings get most of the sales. It goes contrary to logic, especially on a site like WP where the Maxi-stores have the where-with-all to do the spamalot all over the net for a strategic advantage over the moms-crocheting-doilies crowd. Not only is this supported by the numbers, but according to the sellers themselves, a minimum of 200-300 store listings (or is it 500 -- the number seems to be increasing) need to be tallied before most sellers can even hope to see any action in views, let along sales. The feedback has NEVER matched the "reputed" number of sales.Â
Add the argument that "95% of buyers don't leave feedback" is so bogus for reasons any moron could figure:
(1) Most of the sellers came from eBay, and since the sellers are mostly the buyers, they know to leave feedback.
(2) Most sellers are so desparate to get feedback, they'll beg, borrow, steal and pull teeth to get it. I find it hard to believe they would just let 95% of their buyers gleefully walk away from a sale without pesterring the begeesis out of them for feedback.
But then, what do I know? Deductive reasoning and basic math are not part of Wagglethink.
Â
[/quote]
I agree 100% but I just wanted the facts to speak for themselves.
One point I didn't touch on however is this. It is true that some buyers won't leave feedback however I would put this percentage more in line with the same rate as eBay. Yes folks it is true some people will not leave feedback for whatever reason. I am not sure what percentage of buyers do this but from what I have seen about 15% of the time the buyer doesn't leave feedback. Customer service plays a big part in your feedback so for a site that seems to preach great customer service the 95% thing seems way off base to me.
let the truth be told
u1it4less - "it's all in the name.."
X-POP NATION, A real seller's network
Quote:It is true that some buyers won't leave feedback however I would put this percentage more in line with the same rate as eBay. Yes folks it is true some people will not leave feedback for whatever reason. I am not sure what percentage of buyers do this but from what I have seen about 15% of the time the buyer doesn't leave feedback. Customer service plays a big part in your feedback so for a site that seems to preach great customer service the 95% thing seems way off base to me.
I'd have to say the 15% is about right from my experience. But
I do not solicit feedback in any way. And if a buyer chooses not to leave feedback, forgets, too lazy, thinks he has already, or whatever reason, it matters not, I do not contact anybody and ask why feedback wasn't left. It's not my style.
WP sellers, on the other hand, ARE BEGGING for feedback. Some are even offering to go out and buy items other sellers might have on their daily shopping list, just so they can sell it to them for feedback. Others are giving away items for feedback. Saying 95% of WP buyers do not leave feedback is totally incredulous to me.