New Venue Coming In January from NewEgg: NewEggMall.com
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10-24-2007, 07:38 AM,
Post: #1
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New Venue Coming In January from NewEgg: NewEggMall.com
NewEgg (10th largest Internet retailer, 2006 sales $1.5 billion plus) will be opeing a venue in January 2008: NewEggMall.com. Pricing will be free for the first 6 months if you sign on now and then reportedly $29.99 monthly with no listing fees but a 15% final sale fee.
more info: http://www.neweggmall.com/partners/Welcome.html Quote:NeweggMall.com is a pioneering online retail marketplace for all types of general merchandise, from Apparel to Home Living to Health & Beauty and more. Our aim is to make online shopping and selling easy by handling the time-consuming tasks of advertising, attracting traffic and hosting a powerful website so you don't have to! Quote:Our Cost-per-Order Model is fantastic for you, because we allow you to list as many products as you want and we won't charge a single listing fee for any of them. Only when a customer actually buys your product do we charge a commission fee and our commission rates are always extremely competitive! A google search shows the site has done some recent hiring: http://www.google.com/search?q=neweggmall&sourceid=navclient-ff&ie=UTF-8&rls=GGGL,GGGL:2006-25,GGGL:en |
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10-24-2007, 07:05 PM,
Post: #2
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
THE POSITIVE: The first (Etsy excluded) promising venue launch since Overstock announced their auctions in 2004.
THE NEGATIVE: the last electronics retailer to try this was OnSale (then owned by PCMall) in 2003/2004 (http://web.archive.org/web/2004110405232...nsale.com/ ) after they bought the technology assets of the original '90's dot com OnSale auction site. The site they launched had great features, stores, etc...but they never promoted it and it was shut without notice in the Spring of 2005...it never attracted more than a few thousand listings. Hopefully NewEgg will promote their new mall.
"Well, Jay was so giddy that someone named Jay was involved with this site we posted our first non-eBay listing in 3 years here at Lunarbid (we tried two items at Yahoo once upon a time, they bombed)" -Marie posting in a LunarBid thread at OTWA in 2005 wins the award for 'most moronic reason ever given for choosing a venue"
"thanks twat u must have nothing better 2 do. do u talk to all your members like that. will not be recomending your site. best way to put it is TULIPTOOLS.COM IS REALLY SHIT. DONT JOIN." -pubescent owner of rinky dink off2auction.com in 2011 |
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10-24-2007, 10:21 PM,
Post: #3
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Quote:Pricing will be free for the first 6 months if you sign on now and then reportedly $29.99 monthly with no listing fees but a 15% final sale fee. 6 months free is nice.........15% of final sales seems a little high, but if you get the type of traffic they are promising............. Just signed up. |
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10-25-2007, 12:39 AM,
Post: #4
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
I've always believed that NO listing fees is not a good thing. Once a seller ponies up the monthly fee, there is no incentive to list quality products - they can diluge the site with crap. IMO - that's one of the things that killed Yahoo auctions (that, and ironically their lack of promotion, as well) - and they were eBay's biggest competitor at one time! Of course then you have the case of Overstock - major promotion for an extended period of time - and I wouldn't put them in the "success" column just yet. |
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10-25-2007, 05:26 AM,
Post: #5
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Quote:I've always believed that NO listing fees is not a good thing. Once a seller ponies up the monthly fee, there is no incentive to list quality products - they can diluge the site with crap. Yahoo's elimination of listing fees in June 2005 and the explosion in listings from 125K to 1.1 million definitely killed our sell through rate on the site. Amazon is probably the only site that has been successful with charging monthly fees and keeping the site crap free. Other sites like OnlineAuction (8.5 million penny baseball cards) have become dumping grounds for crap when they charged monthly fees. Quote:Of course then you have the case of Overstock - major promotion for an extended period of time - and I wouldn't put them in the "success" column just yet. I'd put O in the 'failed' column after their policy changes last December alienated larger sellers (Trusted Merchants) and caused listings to fall 90% in one month. They'd already driven off small sellers by Spring 2005 with their unlevel playing field (Trusted Merchant program, free listings for larger sellers--both of which we benefited from). If Patrick Byrne hadn't devoted all of his waking hours to his crusade against short sellers things might have been different, Quote:6 months free is nice.........15% of final sales seems a little high, but if you get the type of traffic they are promising 15% is about what Amazon charges. If they deliver on the traffic $29.95 will be a bargain, but if they fall on their faces like OnSale did... Quote:The site they launched had great features, stores, etc OnSale had twice as many glitches as eBay. Overstock was also hurt by massive glitches and server breakdowns during its first two months. NewEggMall needs to have a smooth running site when they open their doors in January. |
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10-26-2007, 07:59 PM,
Post: #6
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Quote:THE POSITIVE: The first (Etsy excluded) promising venue launch since Overstock announced their auctions in 2004. What about Wagglepop and HiBidder? Quote:I've always believed that NO listing fees is not a good thing. Once a seller ponies up the monthly fee, there is no incentive to list quality products - they can diluge the site with crap. Gimme a B Gimme an I Gimme a D Gimme a V Gimme an I Gimme a L Gimme a L Gimme an E
OAI Moron Hall of Fame
<i>sell-thru is an irrelevant and illogical consideration.</i> -KaRay, owner of WP giving selling advice, 2006 <i>the site was 'NOT' hacked but the little script that had recipes on had the link altered</i> -Plunderhere Owner Mark Taylor after his site was hacked by a Chinese hacker gang, 2008 Some people have it like that, others dont. I do. -Probidscripts owner Spencer Osama Binweb Laden Ray bragging about his ability to scam the OAI without feeling any guilt, 2008. How does an auction site get buyers? -question asked at PSU by owner of auction site BidBeaver.ca, 2008 How do I get sales? -question asked at PSU by online store owner, 2009. I was told by my Tech. Support that my site dont really need SSL.. his servers are well protected and that info your providing to join aint really top secret information -owner of auction site TheTraderOutlet.com discussig his site's lack of basic security, 2009 |
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10-31-2007, 06:17 AM,
Post: #7
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Some additional requirements for NewEggMall:
Quote: * The ability to send an XML/Flat File product data feed (selected) FYI--NewEgg has 8 million customers |
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11-11-2007, 12:22 AM,
Post: #8
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Quote:a 15% final sale fee. The final sales fee is category dependent and ranges from 6.5%-15% Computer Hardware 6.5% Consumer Electronics 8% Auto & Hardware 12% Apparel & Accessories 13% Shoes 13% Jewelry & Watches 13% Health & Wellness 13% Beauty 13% Home & Living 13% Outdoor & Garden 13% All other products lines 15% |
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11-11-2007, 04:56 AM,
Post: #9
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Quote:I've always believed that NO listing fees is not a good thing. Once a seller ponies up the monthly fee, there is no incentive to list quality products - they can diluge the site with crap. I think they're going to be selective about which businesses (key word) they select to sell on NME. I'm filling out the questionnaire and thinking Shop.com clone. |
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11-13-2007, 05:16 PM,
Post: #10
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Re: New Venue Coming In January from NewEgg: NewEggMall.com
Quote:I'm filling out the questionnaire and thinking Shop.com clone. I'm leaning towards it being an Amazon/Shop,com clone. We're fighting over who gets to fill out the long questionnaire. ;D Quote:he final sales fee is category dependent and ranges from 6.5%-15% I'm happy with 8% and no listing fees. ...of course the 8% will make it almost impossible for us to undercut NewEgg on price.
"Well, Jay was so giddy that someone named Jay was involved with this site we posted our first non-eBay listing in 3 years here at Lunarbid (we tried two items at Yahoo once upon a time, they bombed)" -Marie posting in a LunarBid thread at OTWA in 2005 wins the award for 'most moronic reason ever given for choosing a venue"
"thanks twat u must have nothing better 2 do. do u talk to all your members like that. will not be recomending your site. best way to put it is TULIPTOOLS.COM IS REALLY SHIT. DONT JOIN." -pubescent owner of rinky dink off2auction.com in 2011 |
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