AuctionBytes TV Internet Television Video - AuctionBytes News in Review
Propertyroom.com opens site up to 3rd party sellers, PayPal announces new fees for micro-payments, eBay tests new pricing format in Germany, Overstock.com introduces "Smart Counters" by Sellathon, Hurricane Katrina's impact online sales, Craigslist users pitch in to help Katrina survivors.
Welcome to AuctionBytes News in Review.
Today is September 6th, 2005. I'm Ina Steiner.
The PropertyRoom is now allowing third-party sellers to list items. Previously it had focused on law enforcement agencies that used the site to auction off stolen or forfeited goods. There are no fees to list items, and PropertyRoom charges a 12.5 percent commission fee.
PayPal announced new fees for Micro-Payments. Buyers of content like digital music and video games will not have to sign up for annual subscriptions, and sellers will be charged lower processing fees. For example, on a 99-cent transaction, sellers would pay 10 cents to PayPal instead of 32 cents.
eBay may be testing a new pricing format in Germany. From September 1st through October 31st, it will cost 1 Euro cent to place a fixed-priced listing in certain books and media categories. What makes this promotion significant is the final value fee of 12 percent, a significantly higher fee than current pricing. Thanks to correspondent Mark O'Neill for bringing us that story.
Overstock Auctions has made "smart counters" available to its sellers, who can log on to their accounts to view traffic data.
Sellers will see a 12-hour graph representing traffic on a per-hour basis, along with the number of unique visits the page has received. The technology is provided by Sellathon.
The devastation left behind by Hurricane Katrina is expected to have an impact on online sales and travel sites, according to the New York Times.
Bob Tedeschi reported in a September 5th article that general merchandise retailers on the Web said they had not yet experienced significant dropoffs in sales. But travel sites may be hit hardest.
Craigslist users began posting offers of assistance immediately after Hurricane Katrina. People offered shelter from as far away as Connecticut, and made pleas for assistance in locating loved ones in the "Lost and Found" section. Craigslist is an online classifieds site and does not screen the people who post or respond to offers. eBay recommended its users be patient with those trading partners in affected areas. Its September 1st post linked to USPS and UPS websites for information. It also said the eBay Foundation would make a $250,000 dollar donation to the American Red Cross on behalf of the eBay Community.
That's it for this edition of AuctionBytes News in Review.
For all the latest online-auction industry news, visit AuctionBytes.com.
I'm Ina Steiner,
See you next week!