Quote:Reach per million users
     eBay                              Wagglepop
     24,650                                3.5
Approximate Sell Thru Rate*
     eBay                              Wagglepop
      50%                                 1%
I'm no math whiz, but according to my calculations, these figures mean that WP's reach is .014% of eBay's, with a sell-thru rate 2% of eBay's. Â Theoretically, then, the eBay seller with 1000 active items would therefore need to have 50,000 active items on WP to have similar number of sales.
In other words, a seller has as good a chance of listing 2 items on eBay and having one sold as listing 100 items on WP and getting one sale. If each listing is individual, taking about 1 hour to list (e.g. I deal in designer clothes, so my time includes inspecting item, ironing, putting on dress mannequin and pinning, setting up background and lighting, taking pictures, doing layout, measuring, description, uploading to web hosting and cataloguing item number in data base), it would take me about 100 hours to list 100 items on WP. Deducting subscription fee, but not including final value fee, PayPal and acquisition costs (according to Ray's comparison), I would have a gross of $10.05 on a $20 item on WP. This means I'm making about 10 cents an hour. If I had a store on eBay with just two items listed in active and none in store, and one active item sold for the same amount as on WP, what would be my net? $3.70 counting store fees in, but not counting PayPal, etc. It has taken me two hours to list those two items, so I'm only making about $1.85/hr
but that's 18+ times what I would make on WP.
Of course, It would be ridiculous for any eBay seller to have a store with only 2 items listed as active and none in store. And including acquisition, PayPal and the rest, I woud be in the hole in both scenarios, just WAY in the hole on WP. But this scenario is not unlike many WP sellers who have around 100 listings in their stores.
Pointing out the stupidity of Ray's comparisons between WP and eBay on the WP forums is one of the reasons I got canned. So, since you won't see it on the WP forums, lurkers, take a good look at these figures and
WAKE UP, POPPERS!
Edited to put both eBay items in "active" to fit Ray's stupid scenario.
