“Here we are, a group of like minded people who participate in penny auctions, and some even own penny auctions.
I suspect that many penny auction site owners watch this forum to keep their thumb on the pulse of the user community.
Lets use this site to tell all existing and future penny auctions site owners exactly what we want.
Keep it realistic, the site has to make a profit so no comments about 1-cent per bid or other non-realistic things.
The power bidders need to be able to make a good daily profit – the causal bidders need to be protected.
* how quickly should items won be shipped
* what is the ideal price point for how much we should be charged for bids
* anything that happens in a penny auction that matters to you… you should list it here.
Again, lets keep it all realistic so that site owners can come here and see in real-time exactly what their customer base wants and give them the opportunity to provide it rather than just posting about things you don’t like in various auctions.
I’ll get it started… to me, the shipping fees are an issue. Some sites do not charge shipping fees, other sites do, none of it is standardized.
So, if I owned a penny auctions site, I think I would try using the overstock.com shipping practice…. no matter what the item is, charge a flat rate fee for any shippable item.
The site owner will take a loss on shipping on a few items, break even on most items, and turn a small profit that makes up the previous losses on a few items.
No comments:
Post a Comment