Half of eBay Listings End with Zero, Zip, Zilch
Recent analysis of completed eBay auctions reveals statistics on popular categories, successful sales, and last-minute bidding – statistics eBay keeps under wraps.
(PRWEB) December 4 2003--Samples of recently completed auctions reveal 54% of listings received zero bids, and only 23% received even one bid, leaving less than a quarter of all listings with multiple bids. “Sellers pay their listing fees but fail to make sales,” says Andy Geldman of The Auction Software Review, the website sponsoring the research. “It appears that a significant portion of eBay’s annual revenues are for non-performing auctions.
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25% of monthly profits are distributed on a sliding scale to eligible buyers and sellers at EndeBay.com!
x- is the number of items user sold in one month
y- is 25% of websites monthly profit
z- is user sells 2 items gets 25% equal share of the 25% monthly website profit
a- is user sells 4 items gets 50% equal share of the 25% monthly website profit
b- is user sells 6 items gets 75% equal share of the 25% monthly website profit
c- is user sells 8 or more items gets 100% equal share of the 25% monthly website profit
d- is user buys 4 items gets 25% equal share of the 25% monthly website profit
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