Thursday, July 28, 2005

Overstock Online Auction experiment update 1

Ok well I have the ads place on both Ebay Auctions and Overstock Auctions, so far both selling platforms seem to be pretty close in results. Now the big difference is of course the fees Ebay is atleast 35% more than Overstock Auctions fees. The approach I chose for the first experiment is and Auction option with no buy it now and no researve price. The starting price on the auctions is well below item retail value but not rediculously low were item true value is lost or destroyed ( part of the problem with Ebay ). And were in the business of making money not loosing money.
Now this approach may not be the propper approach for this type of item but that wont be determined untill Auction closing were hits and bids can be avaluated. Stay turned for updates..

0 Comments:

Post a Comment

<< Home