| General > General Technical Chat |
| good bye eBay, hello Bonanza |
| << < (4/6) > >> |
| floobydust:
It looks like Bonanza is all about the clicks and traffic: "...Google charges Bonanza on a per-click basis for the traffic your products receive. We use a predictive bidding engine to absorb all upfront costs while we build your store’s credibility within Google. It’s then up to you whether to optimize for volume or profit of sales. For example, if your item costs $100 and you are paying 13% commission, we could afford to bid $0.65 per click if one out of every 20 visitors purchased an item upon visiting your store (a 5% conversion rate). If you moved to commission to 19%, we could afford to bid $0.95, assuming the conversion rate stayed the same." Can't see it being a decent auction site when its revenue model is advertising. We all know how to search eBay so who needed google in the first place. |
| thm_w:
--- Quote from: floobydust on February 08, 2021, 09:09:46 pm ---It looks like Bonanza is all about the clicks and traffic: "...Google charges Bonanza on a per-click basis for the traffic your products receive. We use a predictive bidding engine to absorb all upfront costs while we build your store’s credibility within Google. It’s then up to you whether to optimize for volume or profit of sales. For example, if your item costs $100 and you are paying 13% commission, we could afford to bid $0.65 per click if one out of every 20 visitors purchased an item upon visiting your store (a 5% conversion rate). If you moved to commission to 19%, we could afford to bid $0.95, assuming the conversion rate stayed the same." Can't see it being a decent auction site when its revenue model is advertising. We all know how to search eBay so who needed google in the first place. --- End quote --- I'm not sure how they make money off clicks and traffic based on what you posted? They charge a 3.5% selling fee. The rest of the fee is to cover paying Google to get more to get more eyes on your items. Theoretically they could just charge the flat 3.5% rate, but no one would find the listing. This makes sense as its really the only way they can compete with ebay, as they know when people want to buy something they would search: - amazon - ebay 99% of the time |
| floobydust:
google has huge bias for sellers, it's who's paid them the most to get listed - hence the anti-trust lawsuits. Most results are America-only shops, so I don't use google to shop. Amazon is contaminated with shops that are crazy overpriced i.e. $410 for a Raspberry Pi kit. I end up getting better pricing anywhere else for some reason and haven't bought from Amazon for a long time. eBay is crazy expensive for their global shipping program, test equipment just doubles in price, it's another cash cow with Pitney Bowes. This entire thread is likely just for clicks to Bonanza, and I don't see anything good about how the website is organized - the effort went into the advertising analytics, not the user experience. I've never seen so much chocolate for sale lol. |
| JohnnyMalaria:
I took a look and wasted unrecoverable minutes of my life. It was pretty obvious that a site that is primarily Valentine's gifts and women's fashion wasn't going to be a good source of electronics stuff. To quote Little Britain, "Computer says no." |
| DiTBho:
What is the alternative to eBay, so? Amazon? no? Google? no? eBay is not a serious place to sell, does not even protect the seller, and even for the buyer the "eBay protection program" does nothing in case of scam, only Paypal really helps. It sucks! |
| Navigation |
| Message Index |
| Next page |
| Previous page |