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hblt46 Total posts: 228
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Bonanzle has multi item invoices. I've had several 8-10 items each.
The million dollar investors were out of Seattle, not Silicon Valley. |
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Jerryb Total posts: 312
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hblt46 wrote ( View Post): › Bonanzle has multi item invoices. I've had several 8-10 items each.
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I'm not sure how the point i made (and 2 others made) of most of my items being unrecorded, uninvoiced ecrater sales became an issue of multi item invoices. I would assume every site has multi item invoices.
What most pay sites do not have is unrecorded sales that are not invoiced thru the site. with a free site it does not matter to the owners if sales are invoiced directly by the sellers as nothing is illegal if it is a free site. Paypal invoices are extremely easy to send and they bypass the invoice system at ecrater. I suggest a huge amount of sales are transacted in this manner. 60%+ of all my Ecrater sales are off ecrater invoice system.
so how do you compare? |
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hblt46 Total posts: 228
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The only example that I can give you regarding unrecorded sales is this.......
I reference my Bonanzle booth on craigslist. I've made many pick up sales that way. The buyer looks at my items, lets me know which ones they want, they come get them and pay cash.
There is no FVF for items of less than $10, so I just delete those items from my booth. I've probably sold well over 100 items that way. Of course, if I sell anything over $10, I let Bonanzle know so they can collect a FVF.
Hope that's what you were asking. |
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hotnana Total posts: 843
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Some interested stats provided by http://www.websiteoutlook.com/
bonanzle.com Estimated Worth $434671.2 USD
Title Bonanzle :: Your destination for everything but the ordinary
Description
Daily Pageview 197735
Daily Ads Revenue $595.44
ecrater.com Estimated Worth $741461 USD
Title eCRATER - online marketplace, get a free online store
Description Buy and sell on eCRATER, a free online marketplace and store builder
Daily Pageview 338565
Daily Ads Revenue $1015.7
I personally am not a cheerleader for either site, I feel they are both quality sites but more like comparing apples to oranges. I will say a free site that doesn't bring in sales, is simply a waste of time. So I do understand paying minimal fees if that's what it takes to bring in buyers. |
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Rabbittown Total posts: 64
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so we see here that bonanzle DOES have multi sales on one invoice like ecraters
and we also see the sellers on bonanzle does ALSO have sales not recorded on bonanzle like ecrater
so this would make comparing transaction numbers correct and the very best way to compare and would make the TREND very important for the future.
and this other thing about how much revenue the 2 sites are bringing in... the commisions being paid is NOT being picked up and the subscriptions being paid are not and only bonanzle is getting these and getting ALOT and then the million dollar investment.
so that comparison of revenue of the sites may be from some ads like google but totally MISSES the big money that bonanzle is getting...
so that comparison in total worth and money making looks to be TOTALLY bogus to make it seam a site is getting less revenue and is worth less
this is why sellers are having a hard time finding the BEST sites
also with bonanzle sellers could just as easily by pass like ecrater sellers do ecraters system
sellers could show their products and from the bonanzle set up and make a deal with the buyers to sell off site.... which group has MORE incentive to do this?? certaintly it would be the group that is paying money in fees to get invoiced thru the system
so more likely sellers would get more unrecorded sales from bonanzle in order to avoid paying fees |
Last edited by Rabbittown on Thu Jul 29, 2010 9:51 pm; edited 1 time in total |
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northernstars Location: USA Total posts: 129
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The information offered by Websiteoutlook is not guaranteed to be 100% Accurate and is offered as reference only. Further research and conformation of claims are advised before any substantial investment. |
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Rabbittown Total posts: 64
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if an investor puts in a million in a company that right there makes the company make the value of the company go up a million
yes that posting of the revenue and value is way off target |
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Digmen1 Total posts: 326
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I see hundreds of Bonanzle members complaining that they have been on Bonanzle for months without one sale.
Or they made their first sale and then no more.
(But I do see some members that say they sell regualalry)
I agree that it would be great if there were only ebay and one other major site instead of many. But that is how the world works. |
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Rabbittown Total posts: 64
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yes one can see alot of low sales from sellers on ANY selling site
BUT we have a way to check something important its the transaction invoice numbers...
with bonanzle they have gone from 0 to 80,000 transactions a month in 2 yrs and ecrater in 7 yrs has got up to 40,000 now a month.. this certainly is a very important thing ........ a TREND..
some has posted here they get sales NOT invoiced thru the system with ecrater.. but with bonanzle there is an even better incentive to avoid fees by getting sales not from the system... so it would seem bonanzle sellers would get more sales off of the system than ecrater..
BUT still we need to stay focused on what we can TRULY compare these transaction numbers and THE TREND and understand that bonanzle is making so much more money than ecrater which puts them into position to advertize more than ecrater which then would really separate the 2 in sales |
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Digmen1 Total posts: 326
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Rabbittown wrote ( View Post): ›
and understand that Bonanzle is making so much more money than ecrater which puts them into position to advertize more than ecrater which then would really separate the 2 in sales
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What is your obsession with Bonanzle?
Let me know when they are booming!
(By the way, I predict that they will never advertise in a big way) |
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_________________ Check out my handy new product at
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Rabbittown Total posts: 64
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in this thread xbaystores brought in some transaction numbers of bonanzle.... i saw that and i wanted to see what that amount really meant so i went searching for ecraters which is a site 2nd in listing numbers here
and seeing how they are twice as much in transactions invoices a month in just 2 yrs shows something very important for sellers
then looking further one can see they are making so much more money than other sites and investors are investing a million dollars already so the next step after getting the site set up right is to advertize with their money.. this advertizing WILL make them MORE money.... so it makes no sense for them NOT TOO
so the best time to begin advertizing would be during the selling season of the winter and if they do that along with their trend of getting more and more sales then that would really separate bonanzle from so many other selling sites.. |
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hotnana Total posts: 843
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You can also use http://www.alexa.com/ for additional comparisons. They are showing similar results as Website-Outlook as far as traffic. EC shows a much larger amount of traffic than Bonz- so perhaps the Bonz sellers are simply better at closing the deal! The bounce rate is very close, but I did find it interesting EC has a considerably higher percent of traffic driven from search engines than Bonanzle. |
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Jerryb Total posts: 312
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And.....
He just don't get it, and does not want to get it (and its ok)
For me ecrater is not even a site per say.. as i stated before it is an extension of my website. I have hundreds of links from my website going to ecrater items and my ecrater store search with specific instructions to call up areas within my store. I also use these links to send item areas specific info within emails of ebay buyers of mine for very precise targeting of items in their collecting or buying areas.
The fact is Ecrater is a store that belongs to YOU... You created it and you can do so much with it- the possibilities are limitless and it is FREE.
Ecrater is like having a free website that includes google shopping, a shopping cart and search .. all items that are very labor intensive to do yourself at your personal website. Tie it in with a personal website and you have even better situation.
Bonanzle is a site that is fee driven.. i do not get the feeling it is mine i get the feeling it is Bonanzle's. A HUGE big difference one must consider when listing thousands of items. HUGE
I don't see how you can compare ecrater to a fee paying site (sorry for repeating the same thing over and over as i assure you he will ignore the comment) |
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mojavelyn Location: Mojave Desert CA 120 miles from civilization Total posts: 7092
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websiteoutlook uses Alexa stats. For traffic stats also use compete and quantcast. |
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Rabbittown Total posts: 64
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yes alexa does show ecrater getting more traffic and it shows that traffic is coming from search engines so what does that mean?
it is saying IF these tranasction numbers are correct... and i think that would be the only thing to really understand here... BUT bonanzle COULD be fudging the transactions numbers IF they are not its CLEAR bonanzle is growing PROPERLY much better than others including ecrater so it is these transaction numbers that should be analyzed and are they correct??
what we see here is people saying ecrater has multiple sales on one invoice wihout saying bonanzle does too.. are they trying to confuse ???
we have someone bringing up the sites worth and revenue clearly the person bringing that up must know bonanzles commision fees and subscriptions and million dollar investment is NOT INCLUDED.. why would they bring that UP with just the value of paid ads on the site??? without speaking of this what bonanzle has?? they say they are NOT cheerleaders of a site??
some say ecrater gets sales off site like bonanzle does NOT??? which site sellers has the MOST incentive to get sales off site?? the paid site has the most incentive so it would go with bonanzle sellers getting the most sales OFF site than ecrater since the incentive is stronger with saving more money from the fees
next is someone BETS there will be no advertizing.. the trend here is more and more sales already which is more and more money coming and they have a ton more than others including ecrater... now this is a commision site with free listings the way they make their money will come from SALES so its a big incentive for them to do the things to make the sales
are they already doing something to MAKE these real sales with those transaction numbers being double of ecraters very likely that is if they haven't fudged the transaction numbers
with the lower traffic from alexa but alot more transaction numbers one or two things is going on?? either the transaction numbers are fudged or buyers like bonanzle MUCH better than ecrater or bonanzle is advertizing or working in an area that gives alot more sales per visit
so if buyers like the site much better than ecrater one can see where this is going especially after they use their money to advertize..
now what would be the break point for sellers to go from a free site to a paid site?? like now it is showing twice as much sales than ecrater and with the trend without any advertizing it soon will be 3 to 1 and then 4 to 1.... once sellers can make more total profit from a paid site over a free site they will go there.
so the bottem line it seems is if these transaction numbers are NOT fudged bonanzle will become the place for sellers to make the most money of the alternates
just checked compete.com to see their stats which is showing ecrater losing 22% of its traffic over a yr and bonanzle gaining 68% more over this last yr.. so clearly even traffic bonanzle has the trend in getting more and more traffic over ecrater..
but since ecrater is a free site a paid site must get more sales to be equal in profit BUT what is this BREAK POINT in profit is it 2-1 more sales 3-1 or 4-1? |
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