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Fri Dec 1 2017 20:46:19

What Percentage of eBay Sales Are Auctions?

By: Reader

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Dear Ina,
I wonder if you could do an update on the current percentage of eBay auctions versus Buy It Now listings.

Last I heard about a year ago it was only 15 percent were auctions. Viewing some friends' eBay (listings) go more and more to BIN, I wonder if it is even 10 percent real auctions.

I tried to find the number online and was unable.
Thanks,
Jim

---

Hi Jim,
Great question! 

eBay reported that 88% of eBay Inc. GMV - the amount of goods sold across all of its properties - was from the fixed-price format in the third quarter (July, August, September of 2017). Excluding StubHub GMV, that means about 12.5% of Marketplace GMV is from auctions.

eBay used to provide greater transparency, but as we reported earlier this year, in January it announced it would stop reporting a breakdown of Fixed Price and Auction format growth rates when releasing its financial reports each quarter.
Ina

Comments (24) | Leave Comment | Permalink
Readers Comments

What Percentage of eBay Sales Are Auctions?   What Percentage of eBay Sales Are Auctions?

This user has validated their user name. by: toolguy

Mon Dec 4 23:41:33 2017

@RKTOYS

In the surplus business we call it: "buying it right"

I bought 32,000 drill bushings for 4 cents each in 2006, I sell them on eBay for $2 each. . .I'm about 1/2 way thru them, only 10 more years before I run out of them.

What Percentage of eBay Sales Are Auctions?   What Percentage of eBay Sales Are Auctions?

This user has validated their user name. by: Bill

Tue Dec 5 00:17:02 2017

RK,
The way to buy is in lots at closeout auctions or even from the actual manufacturer. You can get a ton of stuff for 10 cents to 20 cents on the dollar.
In the last decade I was buying closouts on model railroad items and selling them on eBay part time. I was selling them at a discount on eBay and pulling in 6K to 10K a month and usually tripling my cost.
It all came to a halt in '08 when I quit buying but I was still selling them until about '10 when everything started really going down the tubes. I still have a lot of items left and they are in storage.
Now I am just spending my time getting rid of all the crap I have accumulated in the last 40 years. It keeps me occupied in my retirement until my wife retires in 10 years and by then it should all be gone and then we can go move to a warmer climate and enjoy our retirements. I never ever bothered trying to buy new items to sell on line because you are fighting with the big sellers and it is not worth it. I have thought about doing what tool does a number of years ago but it is a lot of hassle. Model train engines are a lot lighter. LOL

What Percentage of eBay Sales Are Auctions?   What Percentage of eBay Sales Are Auctions?

This user has validated their user name. by: Bill

Tue Dec 5 00:20:09 2017

PS I also have always found that auctions are the way to sell. You price it right and it sells because you do not get caught in with the other 90% that are selling BIN so you get seen by the real buyers.

What Percentage of eBay Sales Are Auctions?   What Percentage of eBay Sales Are Auctions?

This user has validated their user name. by: RKTOYS

Tue Dec 5 16:42:52 2017

Tools/hardware is different because they're commodities that don't really change.  Closeouts I can relate to because I've done that.  Well, alright, I've dealt with surplus computer equipment on a very small scale.  But it's still disheartening that new stuff is such a losing game.  I wanted to move past flea markets and into "real" business.

The experience really soured me on business in general.  Really, I would've preferred to sell custom software.  But it's a similar problem there.  If I write good software, people think it's too expensive.  The way to get business is to foist poorly trained Indians on customers.  I hate using crap software so why would I want to sell it?  There's no incentive to do good work or keep up with current events because the inferior option is unassailable.

I understand the point you're making and appreciate you not beating me over the head with it but I still find it really depressing that this is how it works.

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