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I have a general question.
I was reading the news earlier today about the ebay employees (former now) who have been arrested for cyberstalking and harassment of the people behind ecommercebytes.
In the process I started reading recent posts on the ecommercebytes web site.
I came across a story called "eBay to Launch Affiliate Plan for Sellers"
There was a June 10 comment attached from bidamount - which reads as follows
"bidamount.com says:
June 10, 2020 10:23 am at 10:23 am
At this point, eBay hasn’t much choice to include sellers from what I can see. They’ve lost a lot of publisher affiliates due to the drastic cuts in the commissions and cookie duration over the last 6 or so years. It sounds like a “Hail Mary” to me to try and boost affiliate traffic. We’ve been affiliates for over a decade and have watched our own revenues plummet by 60 or 70% from the highs a few years back. It’s a mess."
I'm curious to know what this is all about? Does this mean bidamount will have less to do with Ebay now, given that apparently bidamount's revenue from sending people to ebay, has declined 60-70%?
Its nice to have informative web sites to review (like bidamount), but its also nice to know why they are doing what they are doing.
eBay has been doing some really odd stuff over the last 6 years with the affiliate program, none of it ever makes sense. They keep increasing seller fees, cutting affiliate benefits and allowing with total indifference more and more copies onto the site.
eBay's NEW pitch to sellers who have websites is a baffling one. They expect for some bizarre reason that sellers who've built a site with good traffic coming to it and have things for sale will inexplicably send their visitors to eBay to buy the item there as part of the AFFILIATE program, instead of encouraging to have them buy directly from the seller. Why would anyone do that?
My feeling is, eBay is just trying to end-run sellers with sites away from being Independent from eBay...
As for us and eBay Affiliate revenue, over the years what we've earned from it has gone basically into the overhead of running the site. This revenue is combined with Inquiry and Preview Assistant payments and the Global Memberships etc. covers the rest pretty much. So it's fine with us here. Our goal has always been to make the site as financially self-sufficient as possible, on an annual basis it so far works out ok.
As an aside: We've given some thought to setting up a sister site to Bidamount (we already own the domain "bidamountLive" with an Auction platform similar to eBay or CATAWIKI. The software is available and would run on the WOO-Commerce backbone, which is why we'd need a separate but integrated site to Bidamount.
Sellers could upload their own things for either auction or fixed-price transactions. As long as the listings are legit, sellers could handle the transactions any way they see fit. The FEE structure would need to be only around 5%, with no listing or Insertion Fee and no commission for unsold lots. We did the math on this and it works out ok. The tough part of course is getting it started. Our thought was/is, perhaps initially with just FIXED price objects until traffic builds. Then add featured auctions from multiple sellers.
Our main interest in maybe doing this as it would give sellers a good bit more independence from the MEGA sites and not being subject to their "one size fits all approach" to everything they do.
and so it goes.
Best Peter
Peter
eBay is just one more tech company that started with a great idea and then completely, catastrophically failed to evolve. They've been resting on their late-1990s laurels as sites like Amazon, Etsy, Alibaba and Facebook marketplace picked away at their market share. Combine their lack of new ideas, abysmal customer service and increasing competition and you end up with a company that has no choice but to "get creative" with affiliate partnerships in order to keep its balance sheets, stock price and dividends from tanking.
I love the idea of a Bidamount auction platform! No small undertaking, but I have to think, with the loyal following you've built up here and on Youtube, you're in a great position to start one up.
And if you do, I hereby pledge, that I will always leave a bid!
Thanks for all you do,
Craig
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Kangxi vases, Kangxi dishes and chargers, Kangxi ritual pieces, Kangxi scholar's objects, Qianlong famille rose, Qianlong enamels, Qianlong period paintings, Qianlong Emporer's court, Fine porcelain of the Yongzheng period. Chinese imperial art, Ming porcelain including Jiajing, Wanli, Xuande, Chenghua as well as Ming jades and bronzes.
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The BidAmount Asian Art Forum | Chinese Art
A free Asian art discussion board and Asian art message board for dealers and collectors of art and antiques from China, Japan, Korea, Thailand, Cambodia, Vietnam and the rest of Asia. Linked to all of the BidAmount Asian art reference areas, with videos from plcombs Asian Art and Bidamount on YouTube. Sign up also for the weekly BidAmount newsletter and catalogs of active eBay listing of Chinese porcelain, bronze, jades, robes, and paintings.
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