PlunderHere and AlsoShop: A Web of Privacy Violations, Backstabbing, and Deceit

[bargainbloodhound]

The site has grossed $281 in 5 days

19 stores grossed a combined $281, 63 stores grossed $0. 

So $1 a day isn't awful.

It is when you're spending $2 per day. tolensmiley:

#1 ASs seller: 1,386 sales, 2,003 purchases
#4 ASs seller: 953 sales, 3,051 purchases

[mandy]

The site has grossed $281 in 5 days

Ah, the good old days when sales were booming.  The site has grossed $156 in the past 4 days.  The last 25 sales (24 at $0.10, 1 at $0.30) on the site added $2.70 in GMV

[bargainbloodhound]

The last 25 sales (24 at $0.10, 1 at $0.30) on the site added $2.70 in GMV

If we place a value of $7.25 per hour/12.1 cents per minute (the Federal minimum wage) on an ASs seller's time, the seller would have to complete all of the  tasks in the list below in less than 48 seconds  in order for the value of the time/labor involved in selling a 10 cent item to be less than the gross sale amount.

source the item
photograph/list the item
answer pre- and post sale questions
invoice the buyer
pack and ship the item
etc.

I've yet to see a seller who could complete that list of tasks in less than 48 seconds.

Of course, in the land of rinky dinks, putting a value on a seller's time will inevitably lead to some boinkwad posting a troll spray gif and babbling about jealousy...unlike in the real business world where a value is always put on the labor time involved in selling a product.

[sneakymagenta]

According to domaintools... Domain Name: PRICEFALLS.COM
Created on: 28-Mar-03
Expires on: 28-Mar-14
Last Updated on: 27-Oct-08

But I have never heard of it before... neither has Kenzy.com

http://www.powersellersunite.com/post-28...tml#289933

She has never heard of it, but Chicago Sun-Times readers have...
http://www.suntimes.com/technology/guy/1...30.article

...and so have Auctiva blog readers:
http://www.auctiva.com/edu/entry.aspx?id...ction-Site

...and Tech Crunch readers (commenting on the site receiving funding)
http://www.techcrunch.com/2009/09/17/pri...blic-beta/

I'm searching....and searching......AND I CAN'T FIND A SINGLE FRIGGIN' ALSOSHOP PRESS CLIPPING....and NOT A SINGLE FRIGGIN' MENTION OF ANY ALSOSHOP ANGEL INVESTORS

[bargainbloodhound]

I'm searching....and searching......AND I CAN'T FIND A SINGLE FRIGGIN' ALSOSHOP PRESS CLIPPING....and NOT A SINGLE FRIGGIN' MENTION OF ANY ALSOSHOP ANGEL INVESTORS

In RinkyDinkBoinktardWorld, being included on Kenzy's list or the PSU chart is far more important than TechCrunch writing an article about your site.  As for angel investors and seed capital, they don't exist in Mo or Ray's world.

[rho]

I thought that name sounded familiar...but there are so many announcements I don't hardly pay attention anymore. Last December PriceFalls CEO Moskow also managed to get a segment on Fox Business which was also streamed live on iPhones.

http://www.foxbusiness.com/search-result...etitor.htm

Additionally, Moskow lives in southern FL and displays his proxied (private) Nevada business registration on PriceFalls and is properly registered with the secretary of state. I threw this in because of the obvious line of crap Ray tossed out regarding his NV private business registration. This is an easy example even newbies can understand.

[xwpopper]

[quote author=rho link=topic=9139.msg75728#msg75728 date=1263596008]
I thought that name sounded familiar...but there are so many announcements I don't hardly pay attention anymore. Last December PriceFalls CEO Moskow also managed to get a segment on Fox Business which was also streamed live on iPhones.

http://www.foxbusiness.com/search-result...etitor.htm

Additionally, Moskow lives in southern FL and displays his proxied (private) Nevada business registration on PriceFalls and is properly registered with the secretary of state. I threw this in because of the obvious line of crap Ray tossed out regarding his NV private business registration. This is an easy example even newbies can understand.
[/quote]

http://www.nevadacorporationsonline.com/

Because      Nevada has no state tax, and because Nevada does not keep much information      on their corporations, it has steadfastly refused IRS requests for reciprocity.      Other states freely exchange all of the information they have on every resident      and corporation but Nevada has no reciprocity arrangement with the      IRS.

Some of      the advantages of Incorporating in Nevada include:

        1.        No franchise tax
      2. No corporate income tax
      3. No personal income tax
      4. No capital stock tax
      5. No stock transfer fee or tax
      6. No tax on corporation shares
      7. No succession tax

The whole reasoning behind the anonymous corporation is that prostitution is legal, but the state does not disclose the names of the "employees" or "customers" which would include "transaction" information. Who else other than the auctionpimp himself would figure out to abuse the system so he never has to report anything?
Sickening, isn't it? 

[sneakymagenta]

1055 ($GMV) divided by 19 (days) divided by 77 (stores) = 

[xwpopper]

aSs:

December turned out to be another good month for sales:

Total Unique Listings with Sales:  823
Total Quantity Sold:  949
Total Sales Made:  $3,549.29 USD
Highest Ticket Sale:  $1420.00 USD
Lowest Ticket Sale:  $0.06 USD
Average Sale per Item:  $3.74 USD
Total Unique Sellers:  40  (23.7 Sales per Seller Avg)
Total Unique Buyers:  75  (12.7 Buys per Buyer Avg)
Top Seller for the Period:  Nancieanne
Top Buyer for the Period:  HandmadeSoaps4U

The top seller on aSs was the top buyer in December, the busiest month of the year, buying over the 12.7 item average.
75 unique customers (.2% of listings) and 949 sales (2.6% of listings) for over 36000 items for sale is online equals one of the most dismal sell through rates of any ecommerce platform for December 2009.
Sites with the same merchandise, brand new and more expensive, have more than (or far more than) that daily, yet that is the rinky dink definition of "another good month"

[justabella]

FYI:

Nancieanne and HomeMadeSoaps4u or not the same person....