|Fri Dec 1 2017 20:46:19|
What Percentage of eBay Sales Are Auctions?
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.
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.