Topic: Another Nail in Yahoo's Coffin

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Posted at June 3, 2004, 10:03 am:

Let me start by saying that I think that - by far - the worst auction deal on the internet may be Yahoo Auctions. The buyer traffic is just way too low to justify any listing fees at all. Final fee values - sure - but no listing fees. That being said...

I got a very nice email this morning from Yahoo Auctions letting me know that they've charged my account a $5 monthly fee for the priviledge of accepting Yahoo HSBC Paydirect. Realize that I've been listing Yahoo auctions on and off for 2 years, and I've never had a single buyer actually use Yahoo Paydirect. Paydirect charges just slightly lower than Paypal (2.4% + .30/trans) - but now they have added a $5 monthly service charge. Needless to say, I am cancelling that account this morning.

I would be very curious what sellers would pay $5/month for a service seldom used. It's not too far to predict that many sellers will react the same way I did.

As if Yahoo auctions needed any more reasons to fail...

Rich

Original of the message was taken from http://www.auctionbytes.com/forum/phpBB/

Replies:

As a dealer I have tried Yahoo auctions from time to time but have giv...

I did a bit more research.

I have had a Yahoo sales account for over two years and have mangaed t...

-+The $5 a month fee only applies to the Professional accounts, not the ...

Don't nail too many nails in their coffin yet.

Don't get me wrong.

I also like Yahoo's setup (that's why I keep testing them out).

Not 100% sure on this but can't we use the Paypal logo on the Yahoo au...

Yahoo auctions has steadily declined into a pathetic joke.

ljeanne; I have 700+ yahoo feedback.

Beckem wrote .

-+The irony is Bidville has to pay for those ads.

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