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Old 06-16-2009, 08:38 PM Prices too high?
Super Talker

Posts: 105
Location: Alberta, Canada
Trades: 0
Hey Im making a auctioning site, and I was wondering if the prices I set seem too expensive. Here they are:

[All prices USD]

Signup Fee: Free

Auction Setup Fee:
[Item Price] [Fee in percent]

$0.01 - $1.00 = 10.00%
$1.01 - $5.00 = 7.50%
$5.01 - $25.00 = 5.00%
$25.01 - $100.00 = 4.00%
$100.01 - $500.00 = 3.00%
$500.01 - $5000.00 = 2.75%
$5000.01 - $999999999.99 = 2.10%

Home Page Ad Feature: $10
Highlight Item: $1
Bold Text Ad: $1
Custom Start Time:$1
Make Offer Fee:$1.50

Thanks for the feedback
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Old 06-16-2009, 11:49 PM Re: Prices too high?
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Name: John Cruse
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on the face of it the prices look reasonable to me.
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Old 06-17-2009, 03:09 AM Re: Prices too high?
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Location: Alberta, Canada
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Quote:
Originally Posted by John70 View Post
on the face of it the prices look reasonable to me.
great thanks. I never used a site liek this before so I had no clue. I got another question. What happens when a buyer bids on something on ebay and doesnt pay for it?
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Old 06-18-2009, 02:51 PM Re: Prices too high?
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Yeah the prices look very reasonable to me too. Hit us up with a link when you finish.
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Old 06-20-2009, 05:43 AM Re: Prices too high?
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Yeah the prices look very reasonable to me too. Hit us up with a link when you finish.
yeah absolutely hit us up..)
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Old 06-22-2009, 05:27 PM Re: Prices too high?
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Posts: 105
Location: Alberta, Canada
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Quote:
Originally Posted by dedehakan View Post
yeah absolutely hit us up..)
ok sweet
Im still designing it, but this is my site right now: http://awixdesigns.ath.cx/index.php

Once its finished, it will be thrillbids.com
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Old 06-22-2009, 06:16 PM Re: Prices too high?
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Posts: 144
Name: Dickie Boy
Location: cowes
Trades: 0
Not at all sure on the $1.50 make an offer fee?
If this means people have to pay $1.50 just to bid then you will get no bids, unless it's for a ferrari 599 for $10... Also I would go for low % at bottom end and high % at top end, this would increase bids = increased traffic, then rise prices later. After all it's an auction run electronically so you have like "zero" overheads, traffic makes websites work, so make it as easy as possible for people to sell e.g. would you pay 10% of the cost of sending a text message just to "Twitter" - No you would not!
Hopefully this comes across as what is meant to be constructive criticism - It's a global recession, so start low, build traffic, then in 2 years time - let the $$$ roll in!
Cheers
Dickie Boy
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Old 06-22-2009, 06:36 PM Re: Prices too high?
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Location: Alberta, Canada
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Quote:
Originally Posted by golden14 View Post
Not at all sure on the $1.50 make an offer fee?
If this means people have to pay $1.50 just to bid then you will get no bids, unless it's for a ferrari 599 for $10... Also I would go for low % at bottom end and high % at top end, this would increase bids = increased traffic, then rise prices later. After all it's an auction run electronically so you have like "zero" overheads, traffic makes websites work, so make it as easy as possible for people to sell e.g. would you pay 10% of the cost of sending a text message just to "Twitter" - No you would not!
Hopefully this comes across as what is meant to be constructive criticism - It's a global recession, so start low, build traffic, then in 2 years time - let the $$$ roll in!
Cheers
Dickie Boy
I changed make an offer fee to 50 cents. Make an offer isnt betting. Betting is free, make an offer mean that say he started the bid at 50 bucks, and the bids already brought it to 60 and you dont want to pay alot for it, you private message him making an offer for lets say 70 dollars, and that cost 50 cents
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Old 06-22-2009, 07:09 PM Re: Prices too high?
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Name: Dickie Boy
Location: cowes
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Ah! I see what you mean now, also assume you mean bidding is free not betting. You need to spell this out on the site as if people think they will have to pay $1.50 to bid then they won't - unless it's a too good to be true deal.
Good luck with the site. Locally they have one near me called wighbay.com - we live on an Island, It's free to bid but you have to go and pick you item up. Mind you it's only 56 miles around the total coast!
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Old 06-22-2009, 07:48 PM Re: Prices too high?
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Location: Alberta, Canada
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Quote:
Originally Posted by golden14 View Post
Ah! I see what you mean now, also assume you mean bidding is free not betting. You need to spell this out on the site as if people think they will have to pay $1.50 to bid then they won't - unless it's a too good to be true deal.
Good luck with the site. Locally they have one near me called wighbay.com - we live on an Island, It's free to bid but you have to go and pick you item up. Mind you it's only 56 miles around the total coast!
great thanks for all the feedback
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Old 06-22-2009, 07:59 PM Re: Prices too high?
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sounds reasonable to me..
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Old 06-23-2009, 02:31 AM Re: Prices too high?
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i think that your prices are reasonable.
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Old 06-23-2009, 04:48 AM Re: Prices too high?
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Name: Aliyan
Trades: 0
i think the prices are reasonable for me and every one. so i will prefer your for visit.
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