> On November 27, 2018 at 10:09 PM Dan Penoff via Mercedes > <mercedes@okiebenz.com> wrote: > > > The consensus among many BAT watchers is that they’re trying to squeeze as > much money as they can out of the venue, i.e., getting greedy. Upwards of 30 > auctions a day now, a large percentage of which are not hitting reserves, > which costs them money.
How much does it cost to run a listing? Can they make money off the listing fees? At 30 a day, that's $3k/day in listing fees. But the problem is, with that many auctions, nobody's going to browse them all and stumble across that car they didn't know they needed to have. Then you get sellers crying because they didn't put a reserve on their Volvo, or reserve listings going unsold, which discourages bidders from even trying to buy the next one. Mitch. _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
