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Auctionbytes-NewsFlash, Number 953 - February 14, 2005 - ISSN 1539-5065      Previous Story | | Next Story

Overstock Auctions Lowers Listing Fees
By Ina Steiner
AuctionBytes.com
February 14, 2005
Reading AuctionBytes: Overstock Auctions Lowers Listing Fees

In response to eBay's latest fee change, Overstock Auctions lowered its own listing fees last week, dropping its minimum listing fee to 17 cents from 20 cents (http://digbig.com/4cqnp).

Director of Auctions Marketing for Overstock Auctions J.T. Stephens, said, "Overstock.com Auctions is dedicated to providing our customers with at least a 30% discount over eBay fees. eBay recently lowered their minimum fee for inexpensive auction items from $0.30 to $0.25. We promptly followed suit to uphold our promise to our customers."

Stephens said the change would have affected about 8% of the listings based on January numbers. Stephens could not give specific data on sell-through rates, but said they are improving.

A thread on the Overstock Auctions discussion board reveals some thinking into upcoming changes users may expect in the future: http://digbig.com/4cqnq

http://auctions.overstock.com

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