EcommerceBytes-NewsFlash, Number 1918 - November 14, 2008 - ISSN 1539-5065 1 of 5
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eBay gave a webinar presentation to its top sellers on Thursday afternoon. It touched on Seller standards, feedback revisions, the new AdCommerce pay-per-click ad program and holiday marketing, but spent most of the time focused on its Best Match search and "Recent Sales" criterion. eBay said the key criterion for auction-style format was Time Ending Soonest ("we love auctions," it said), while for Fixed Price format, the key criterion was Recent Sales. eBay said "price really matters" and devoted two slides to show how sellers need to actively manage their prices to compete. (See Thursday's AuctionBytes Blog post for more information.)
eBay said the majority of questions it receives from sellers have to do with Best Match and search. Auctions get higher conversion rates, and 70 percent of listings on the first pages of search results are auction listings, though it varies both by category and by search query. Auction listings with a Buy It Now option is subject to the search criteria of auctions (meaning the key criteria is Time Ending Soonest). Other information coming out of the presentation includes:
Comment on the AuctionBytes Blog |
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About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. |
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