Yahoo! Stops Charging Auction Fees

[c627627]

Just saw this on TV.

Source: CNN 10:13 AM central time

"Yahoo! reportedly stopped charging fees for online auctions. The move seems to be a direct slap at eBay...."

Tried to find additional info but couldn't. This would be great.


http://auctions.yahoo.com/

 

[Passions]

<JOEY>WOAHHHHH</JOEY>

 

[NiKeFiDO]

wow sweet - wonder if this could overcome eBay's name recognition. that would be extremely tough, since eBay is one of those words everyone knows and uses as a verb

 

[ClockerXP]

Not a big deal...eBay is the biggest by far and people will continue to go there to shop (and not Yahoo). Yahoo needs traffic to their auction site, not reduced fees.

Sellers have to go where the buyers are so the sellers will have to go to eBay. It's a viscious cycle that eBay has on it's side... Now if the buyers were to be charged fees, that might be a problem..

 

[gwynethgh]

Yahoo Auctions seems to have a worse rep for scammers with little or no action by Yahoo itself to correct the problem.

 

[RaiderJ]

I might have to list some items on there and see how it turns out.

 

[McPhreak]

Back in the day, Yahoo auctions were free, but still nobody sold on that site because of tha lack of buyers

 

[guy1nj]

As a buyer, these days it is tough to get an item for a great price since so many buyers compete for the same item.
As a seller, the ebay fees are so high.
so, eventually ebay's control on this market will change as more and more new players like yahoo!, overstock are coming....

 

[Mongals]

Lookin over the yahoo auction there wasn't much listed on their sites, I would like some alternatives to ebay.

 

[BadThad]

IMO, as a seller, eBay is rip-off. I wish they'd only charge fees if you sold, but they don't. I've listed stuff on there, paid eBay, and never sold....BAH to them. I hope Yahoo and can make something of this.

 

[kamranziadar]

That is a great news, i was sick by paying ebay so many fees. Thanx bro it is a great news.

 

[filterxg]

Great news. I'll try Yahoo, though I won't be putting up any 0.99 cent auctions .

 

[c627627]

Proof: http://money.cnn.com/2005/06/06/technology/yahoo_fees.reut/

Yahoo! cuts U.S. Web auction fees

Company says move should add sellers

June 6, 2005: 8:02 AM EDT

SAN FRANCISCO (Reuters) - Internet media company Yahoo! Inc. will quit charging fees for auctions on its U.S. site to encourage more people to sell their wares, the company said Sunday.

...

 

[NasdaqTrader889]

Let's hope this does make eBay think a little more about raising their fees more and more. But like a previous poster wrote, eBay is so huge compared to Yahoo's auction site, that it's going to take a while for them to even make a small dent.

 

[juice22]

awesome, never tried yahoo. How big is the user base?

 

[Avalon]

Yahoo needs a big old fat flashy link to their auction site on their main site somewhere. That would help a lot. Or, even just a button next to their email button at top would be helpful. I bet a lot of people don't even know about Yahoo auctions because to get there you have to find its link at the bottom of the page. It's almost like it's brushed under the rug.

If they could get people on there, they might actually get some products up. You can't buy any ATI video cards on there, and there are only two Nvidia cards. Also, no 17" or 19" monitors.

 

[Illusio]

back in the day, yahoo didn't charge fees. The problem with that, was you had about a bazillion crap listings for the same thing. Like a hardware seller was selling a stick of ram at a certian price (not very good), and he would just put a minimum bid at a price he was still making money, then he would list it like 1000 times. So to find anything, you had to sort through tons of crap to try and find anything good. When they went to fees, this practice kinda died out.

not that it matters, ebay is still king, and I cant imagine yahoo taking them down anytime soon.

 

[Marthisdil]

Originally posted by: BadThad
IMO, as a seller, eBay is rip-off. I wish they'd only charge fees if you sold, but they don't. I've listed stuff on there, paid eBay, and never sold....BAH to them. I hope Yahoo and can make something of this.

And that's eBay's fault...how? Price your item cheaper - don't rip people off on shipping...maybe it'd sell better.

Don't like it - download an auction script and run your own. They're paying their bills and you agree to pay them ahead of time - tough to whine about it after.

 

[imported_KuJaX]

picked up some new sheets. Thanks!

 

[clarkmo]

Originally posted by: Marthisdil

Originally posted by: BadThad
IMO, as a seller, eBay is rip-off. I wish they'd only charge fees if you sold, but they don't. I've listed stuff on there, paid eBay, and never sold....BAH to them. I hope Yahoo and can make something of this.

And that's eBay's fault...how? Price your item cheaper - don't rip people off on shipping...maybe it'd sell better.

Don't like it - download an auction script and run your own. They're paying their bills and you agree to pay them ahead of time - tough to whine about it after.

You tell him, Dick.

 

[GotSomethingCheaper?]

Originally posted by: clarkmo

Originally posted by: Marthisdil

Originally posted by: BadThad
IMO, as a seller, eBay is rip-off. I wish they'd only charge fees if you sold, but they don't. I've listed stuff on there, paid eBay, and never sold....BAH to them. I hope Yahoo and can make something of this.

And that's eBay's fault...how? Price your item cheaper - don't rip people off on shipping...maybe it'd sell better.

Don't like it - download an auction script and run your own. They're paying their bills and you agree to pay them ahead of time - tough to whine about it after.

You tell him, Dick. <---------:laugh:

 

[skarydrunkguy]

So if auctions are free to list on yahoo and have no closing fee either, how is Yahoo making money? They can't charge a buyers premium, that would be a death sentance... is it more ads or something?

 

[iamskew]

Yahoo auctions is scam central, and they don't have any type of program to help you out if you get scammed. I lost a few hundred on an Infocus X1 that didn't exist...
Maybe Yahoo will be good for legit sellers, but buyers beware.

 

[GTFan]

Have to agree with the jedi here, free listings = assloads of craptacular listings. Might drive traffic to the site again but who wants to wade through all the junk that will show up now?

 

[DoggXXL]

Cool! I'm gonna start some listings, hoping I can get rid of some of my stuff that's piling up.