Power Sellers Unite

purple_reading_giraffe · Joined: 04 Feb 2008 Posts: 5485 Location: Indiana, USA

Hmmm, looks like the fee structure has changed since cohiba posted?

Right now the fees are:
Under $25 - no fee
$25-$100 - $1.50 each from Buyer and Seller
over $100 - $1.50 from Buyer, $1.50 from seller plus a percentage.

I wonder what the effects will be...

dlrane · Joined: 03 Jul 2008 Posts: 2406

I'm with cohiba: Who's going to pay to shop on a site when there are so many other great sites like atomic mall you can shop at for free?

It is hard enough to get buyers to a new site as it is. Having a fee for them when they get there :?: Come on!!!!!!! :roll:

Pat at Wigix · Joined: 16 Dec 2008 Posts: 6

cohibastore.com wrote (View Post): › docWrite("quote")It's a ridiculous notion. I know for a fact none of my customers are going to pay someone else money to buy from me.

"Hello and welcome to Wal-Mart, unless you spend $25 you we will add a hospitality fee of $1.50 for enjoying our store."

Idiots

CS

Quick intro: My name is Pat. eBay seller since 99 [patlam=id], business account [savesome.net=id] got naru'd earlier this year over new dsr policies. Joined the Wigix team recently and now am trying to make things better here. /end intro.

Hey CS,

I have had the similar thoughts about this, I wanted to pose this question to you and anyone else who wants to chime in: What if a buy order was fulfilled as opposed to a sell order, would that justify the buyer paying $1.50? Just some food for thought. I am trying build a case, before presenting anything. Thanks!

cohibastore.com · Joined: 14 Sep 2006 Posts: 4908

Pat at Wigix wrote (View Post): › docWrite("quote")cohibastore.com wrote (View Post): › docWrite("quote")It's a ridiculous notion. I know for a fact none of my customers are going to pay someone else money to buy from me.

"Hello and welcome to Wal-Mart, unless you spend $25 you we will add a hospitality fee of $1.50 for enjoying our store."

Idiots

CS

Quick intro: My name is Pat. eBay seller since 99 [patlam=id], business account [savesome.net=id] got naru'd earlier this year over new dsr policies. Joined the Wigix team recently and now am trying to make things better here. /end intro.

Hey CS,

I have had the similar thoughts about this, I wanted to pose this question to you and anyone else who wants to chime in: What if a buy order was fulfilled as opposed to a sell order, would that justify the buyer paying $1.50? Just some food for thought. I am trying build a case, before presenting anything. Thanks!

Unless its presented a closed buying group, IE, pay for access, costco, BJs, I just don't see how to sell it to the buyers.

Perhaps if it was presented as a form of certification for both buyers and sellers. But then wigix is stuck certifying and backing up the certification.

CS

Pat at Wigix · Joined: 16 Dec 2008 Posts: 6

cohibastore.com wrote (View Post): › docWrite("quote")Pat at Wigix wrote (View Post): › docWrite("quote")cohibastore.com wrote (View Post): › docWrite("quote")It's a ridiculous notion. I know for a fact none of my customers are going to pay someone else money to buy from me.

"Hello and welcome to Wal-Mart, unless you spend $25 you we will add a hospitality fee of $1.50 for enjoying our store."

Idiots

CS

Quick intro: My name is Pat. eBay seller since 99 [patlam=id], business account [savesome.net=id] got naru'd earlier this year over new dsr policies. Joined the Wigix team recently and now am trying to make things better here. /end intro.

Hey CS,

I have had the similar thoughts about this, I wanted to pose this question to you and anyone else who wants to chime in: What if a buy order was fulfilled as opposed to a sell order, would that justify the buyer paying $1.50? Just some food for thought. I am trying build a case, before presenting anything. Thanks!

Unless its presented a closed buying group, IE, pay for access, costco, BJs, I just don't see how to sell it to the buyers.

Perhaps if it was presented as a form of certification for both buyers and sellers. But then wigix is stuck certifying and backing up the certification.

CS

Thanks for the reply. Point taken. The certification route has been thought of too, but like you said, to it is nearly impossible to back it up.

What if this scenario came up: Buyer A wants to bump up his sneaker collection and wants to add a Size 12 Jordan to it, but does not want to pay full market price. He puts up a buy order for 40 bucks under market value and it gets fulfilled. He just saved 40 bucks and got the item he wanted at his price, does that justify the $1.50? Thanks. I do appreciate all feedback.

cohibastore.com · Joined: 14 Sep 2006 Posts: 4908

Pat at Wigix wrote (View Post): › docWrite("quote")cohibastore.com wrote (View Post): › docWrite("quote")Pat at Wigix wrote (View Post): › docWrite("quote")cohibastore.com wrote (View Post): › docWrite("quote")It's a ridiculous notion. I know for a fact none of my customers are going to pay someone else money to buy from me.

"Hello and welcome to Wal-Mart, unless you spend $25 you we will add a hospitality fee of $1.50 for enjoying our store."

Idiots

CS

Quick intro: My name is Pat. eBay seller since 99 [patlam=id], business account [savesome.net=id] got naru'd earlier this year over new dsr policies. Joined the Wigix team recently and now am trying to make things better here. /end intro.

Hey CS,

I have had the similar thoughts about this, I wanted to pose this question to you and anyone else who wants to chime in: What if a buy order was fulfilled as opposed to a sell order, would that justify the buyer paying $1.50? Just some food for thought. I am trying build a case, before presenting anything. Thanks!

Unless its presented a closed buying group, IE, pay for access, costco, BJs, I just don't see how to sell it to the buyers.

Perhaps if it was presented as a form of certification for both buyers and sellers. But then wigix is stuck certifying and backing up the certification.

CS

Thanks for the reply. Point taken. The certification route has been thought of too, but like you said, to it is nearly impossible to back it up.

What if this scenario came up: Buyer A wants to bump up his sneaker collection and wants to add a Size 12 Jordan to it, but does not want to pay full market price. He puts up a buy order for 40 bucks under market value and it gets fulfilled. He just saved 40 bucks and got the item he wanted at his price, does that justify the $1.50? Thanks. I do appreciate all feedback.

Need to poll some buyers on that. I'm not enough of a consumer for my opinion to have value.

dlrane · Joined: 03 Jul 2008 Posts: 2406

I don't feel that any buyer is going to go for a buying fee period. Even if they are getting the item at 90% off, it is just the idea of it that would turn most people off. It is hard enough to get the customer to buy as it is in this economy, and to leave them with a ripped-off feeling is not doing the site any good.

Why don't they just charge an FVF that would include the 1.50 on the sellers end and let them decide if it is worth their effort or not. Just seems kind of Greedy to me, and I imagine it does to many others as well. JMO :D

lakerswiz · Joined: 16 Apr 2008 Posts: 318

Pat at Wigix wrote (View Post): › docWrite("quote")
cohibastore.com wrote (View Post): › docWrite("quote")Pat at Wigix wrote (View Post): › docWrite("quote")cohibastore.com wrote (View Post): › docWrite("quote")It's a ridiculous notion. I know for a fact none of my customers are going to pay someone else money to buy from me.

"Hello and welcome to Wal-Mart, unless you spend $25 you we will add a hospitality fee of $1.50 for enjoying our store."

Idiots

CS

Quick intro: My name is Pat. eBay seller since 99 [patlam=id], business account [savesome.net=id] got naru'd earlier this year over new dsr policies. Joined the Wigix team recently and now am trying to make things better here. /end intro.

Hey CS,

I have had the similar thoughts about this, I wanted to pose this question to you and anyone else who wants to chime in: What if a buy order was fulfilled as opposed to a sell order, would that justify the buyer paying $1.50? Just some food for thought. I am trying build a case, before presenting anything. Thanks!

Unless its presented a closed buying group, IE, pay for access, costco, BJs, I just don't see how to sell it to the buyers.

Perhaps if it was presented as a form of certification for both buyers and sellers. But then wigix is stuck certifying and backing up the certification.

CS

Thanks for the reply. Point taken. The certification route has been thought of too, but like you said, to it is nearly impossible to back it up.

What if this scenario came up: Buyer A wants to bump up his sneaker collection and wants to add a Size 12 Jordan to it, but does not want to pay full market price. He puts up a buy order for 40 bucks under market value and it gets fulfilled. He just saved 40 bucks and got the item he wanted at his price, does that justify the $1.50? Thanks. I do appreciate all feedback.

Not sure how it currently works, but I say that you charge them only if they get an item and the sale goes through.

Pat at Wigix · Joined: 16 Dec 2008 Posts: 6

dlrane wrote (View Post): › docWrite("quote")I don't feel that any buyer is going to go for a buying fee period. Even if they are getting the item at 90% off, it is just the idea of it that would turn most people off. It is hard enough to get the customer to buy as it is in this economy, and to leave them with a ripped-off feeling is not doing the site any good.

Why don't they just charge an FVF that would include the 1.50 on the sellers end and let them decide if it is worth their effort or not. Just seems kind of Greedy to me, and I imagine it does to many others as well. JMO :D

Thanks. So it does seem like it is a issue with perception, because at the end of the day the money still comes out of buyer's pocket [sort of?]. I think the poll idea a couple of posts up by cohiba might be the way to go to get to the bottom of this.

lakerswiz: currently, $1.50 is charged to the buyer and seller once a transaction over $25 takes place.

Thanks for the feedback!

lakerswiz · Joined: 16 Apr 2008 Posts: 318

Pat at Wigix wrote (View Post): › docWrite("quote")

lakerswiz: currently, $1.50 is charged to the buyer and seller once a transaction over $25 takes place.

In that case I think it's OK. I mean in the end it is up to the customer and they are more than likely only going to buy the item if the savings are a great deal. Plus someone is really going to have to WANT an item to be paying a few dollars just letting it be known.

I checked out the site earlier and it looked pretty nice.

Just looked right now so I could recall some of the stuff I had to say about the site, but it doesn't seem to be working....

Pat at Wigix · Joined: 16 Dec 2008 Posts: 6

lakerswiz wrote (View Post): › docWrite("quote")Pat at Wigix wrote (View Post): › docWrite("quote")

lakerswiz: currently, $1.50 is charged to the buyer and seller once a transaction over $25 takes place.

In that case I think it's OK. I mean in the end it is up to the customer and they are more than likely only going to buy the item if the savings are a great deal. Plus someone is really going to have to WANT an item to be paying a few dollars just letting it be known.

I checked out the site earlier and it looked pretty nice.

Just looked right now so I could recall some of the stuff I had to say about the site, but it doesn't seem to be working....

Thanks for taking a look at our site. It should be up. I've been on it all morning. Let me know if you come across any inefficiencies as we are really trying to pound out all of the bugs and make the site easy to use.

lakerswiz · Joined: 16 Apr 2008 Posts: 318

It works now, probably just us on our end, happens sometimes with different sites.

First thing I noticed is that the page isn't centered.

But everything does look great, plus a free store that I just noticed....definitely have to keep an eye on this.

Pat at Wigix · Joined: 16 Dec 2008 Posts: 6

lakerswiz wrote (View Post): › docWrite("quote")It works now, probably just us on our end, happens sometimes with different sites.

First thing I noticed is that the page isn't centered.

But everything does look great, plus a free store that I just noticed....definitely have to keep an eye on this.

Thanks for the feedback. It [site centering] will be brought up today.

Our stores are free until April 2010 and hopefully by then, the monthly charge won't make a dent on your sales. =)

purple_reading_giraffe · Joined: 04 Feb 2008 Posts: 5485 Location: Indiana, USA

I just recently agreed to pay the Buyer's Premium of +10% at a local auction. If your site did attract sellers, somehow, that would look at the buyers wants, I would be willing to list the dress I want there and hope someone would sell it to me. However, I don't see that form of commerce ever working - it just doesn't seem that there can be any efficient way to manage it. If I want something that is readily available, it is much more efficient for me, as the buyer, to seek out a seller. If I want something that is rare, what are the chances that the odd person with an unused extra hanging around will manage to discover that I want one? Are they going to randomly search, or read every single want ad, or what? Much more efficient to just list it as available in an "everything" type marketplace like eBay and wait for me, searching for one specific thing, to find it. However, that doesn't work so well for sellers when the venue insists on charging listing fees all the time - my random "seller" is far less likely to let me know they have it. Maybe there is room for a "wanted" service, but I still don't imagine how it can efficiently let the seller know my want exists...