PSN-L Email List Message

Subject: Re: easy auctions
From: ChrisAtUpw@.......
Date: Sat, 31 Jul 2004 13:44:43 EDT


 
In a message dated 31/07/2004, royb1@........... writes:

Raul,
My notice was to inform those who would  like to realize some money 
from otherwise useless items and do not want to  bother with the usual 
process.
I think your  characterization of the service as a "rip off" ignores 
the realities of  providing a service like this.  They obviously have to 
make a profit  or get out of the business.  I'm a little surprized that 
they will  handle an item for as little as $20.
It takes me at least 2  hrs. to do a whole auction.  If my time is 
worth $30/hr., this is at  least $60.  Your having done "1000's" of items 
shows that you must  have a better process than I do, but I suspect that 
I'm more  representative of the "common man".
Bob



Look at their first advert!  For a SLR camera, the bid was $2705, but the 
seller only got $1905. That  is a charge of $800 total.
 
    The commission charge is 38% on the first  $200
    30% on the next $200
    20% on the remainder
    With a min charge of $19.99
 
Plus Sales Commission on the whole amount
          
5.25% of the first $25
2.75% of the next $975 ($25.01-$1000)
1.5% of the remaining amount (over $1000)

Plus a  2.9% transaction fee on the whole amount. 
 
    Bob may regard this as  acceptable and good value.
    I just wonder what level of  charge ''the common man'' would be regard as 
''HIGH''?
 
    Thanks for the  warning.
    
    Regards, 
 
    Chris
 
 





In a message dated 31/07/2004, royb1@........... writes:
<= FONT=20 style=3D"BACKGROUND-COLOR: transparent" face=3DArial=20 color=3D#000000>Raul,
   My notice was to inform those who wo= uld=20 like to realize some money
from otherwise useless items and do not wan= t to=20 bother with the usual
process.
   I think your=20 characterization of the service as a "rip off" ignores
the realities o= f=20 providing a service like this.  They obviously have to
make a pro= fit=20 or get out of the business.  I'm a little surprized that
they wil= l=20 handle an item for as little as $20.
   It takes me at least=20= 2=20 hrs. to do a whole auction.  If my time is
worth $30/hr., this is= at=20 least $60.  Your having done "1000's" of items
shows that you mus= t=20 have a better process than I do, but I suspect that
I'm more=20 representative of the "common man".
Bob
    Look at their first advert!=20 For a SLR camera, the bid was $2705, but the seller only got $1905. = That=20 is a charge of $800 total.
 
    The commission charge is 38% on the first=20 $200
    30% on the next $200
    20% on the remainder
    With a min charge of $19.99
 
Plus Sales Commission on the whole amount
    =20
5.25% of the first $25<= BR>2.75% of the next $975 ($25.01-$1000)
1.5% of the remaining amount (over $1000)

= Plus a=20 2.9% transaction fee on the whole amount.
 
    Bob may regard this as=20 acceptable and good value.
    I just wonder what level o= f=20 charge ''the common man'' would be regard as ''HIGH''?
 
    Thanks for the=20 warning.
    
    Regards,
 
    Chris
 
=20

[ Top ] [ Back ] [ Home Page ]