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EcommerceBytes-NewsFlash, Number 1229 - March 03, 2006 - ISSN 1539-5065     Previous | | Next
Overstock Auctions to Roll Out Seller Subscription Plan
By Ina Steiner
EcommerceBytes.com
March 03, 2006




Overstock Auctions will eliminate volume discounts for online-auction seller fees and will replace it with a subscription program. The subscription plans reportedly range in price from $6.95 - $99.95 per month, depending on how many listings sellers post per month. Details are forthcoming.

Overstock Auctions attracted some high-volume eBay sellers when it launched because of its willingness to grant volume discounts and provide marketing assistance. eBay has long told its sellers it would never consider volume discounts, citing a philosophy of the "level playing field." However, many other online-auction sites have turned to subscription plans to make it easier for sellers to budget the cost of listing items.

In related news, the Wall Street Journal reports today that Overstock's Jack Byrne may step down as chairman of the company, in part because of a disagreement with his son Patrick Byrne, CEO of Overstock, over the amount of time he's spending on his battle with short-sellers. Last summer, Patrick filed a lawsuit against a hedge fund and research firm. This week, a judge dismissed Gradient Analytics Inc.'s bid to dismiss the Overstock lawsuit.

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  • Overstock Auctions Tests Checkout System - January 10, 2006, Issue #1191
  • Overstock Auctions Launches O-Gallery - January 20, 2006, Issue #1199
  • Overstock Auctions Releases New Version of Listing Tool - January 26, 2006, Issue #1203
  • Overstock Auctions Eliminates 1-Day Duration Listings - February 20, 2006, Issue #1220
  • Overstock Auctions to Roll Out Seller Subscription Plan - March 03, 2006, Issue #1229
  • Overstock Auctions Integrates Payment System - April 28, 2006, Issue #1268
  • Consumers Purchase $8 Million in Goods on Overstock Auctions in Q1-06 - May 01, 2006, Issue #1269
  • Overstock.com Auctions to Launch Stores Offering - May 22, 2006, Issue #1284
  • Overstock.com CEO Patrick Byrne Talks about Online Auctions, eBay and Wall Street - June 21, 2006, Issue #1306
  • Overstock Auctions Launches Subscription Plan for Sellers - June 28, 2006, Issue #1311
  • Overstock Auctions Features Free Shipping Deals by TOASA Sellers - October 04, 2006, Issue #1381
  • Overstock.com Set to Launch Gift Finder Shopping Tool - November 17, 2006, Issue #1413
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  • Overstock.com Addresses Changes on Auction Platform - November 28, 2006, Issue #1420
  • Overstock CEO Says Auction Platform Has Not Met Expectations - November 30, 2006, Issue #1422


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