[78-L] hoo-Ha

[Malcolm - Venerable Music]

Hey Cary - This is why I spent $45,000+ developing the vmauctions site (and 
that's using programmers in India - would have cost me $200,000 to $250,000 
in the US).
I had to close my monthly payment store which I sold reissue CDs on because 
the prices were going up there as well - it just didn't make sense to pay 
the $50 per month + .05 per item + the 9% FVF + the .03-.04% + .30 per 
transaction from paypal. When you're selling CDs or Records in the $10-20 
range, you have to sell a bunch to cover what you have invested in the 
product + the fees - it's maddening! On the vmauctions site, there are no 
listing fees, no paypal fees, no store fees, a sliding scale for FVF that 
goes lower the higher the item price, plus free insurance for packages under 
$50 and so on.

In any case, I'm doing very well on the auction site and getting prices 
realized as high or higher than I would expect on doo-Day. There are over 
200 registered bidders so far and over 900 on the mailing list. The buyers 
are there, we're just waiting for the sellers. It's funny to me because the 
site is designed mainly for the benefit of sellers yet they are the most 
resistant to try it out. It'll happen eventually, but I continue to wonder 
how many will hold out for hoo-Ha to get better?? Got lot's of ideas to get 
even lower prices for sellers, but I need more people involved to keep the 
programmers working - I'm out of money ha!

Malcolm

Venerable Music - http://www.venerablemusic.com/
78rpm Auctions - http://www.vmauctions.com/
Venerable Radio - http://www.venerablemusic.com/samphpweb/index.html
On Myspace - http://www.myspace.com/venerablemusic

----- Original Message ----- 
From: "Cary Ginell" <soundthink at live.com>
To: <78-l at klickitat.78online.com>
Sent: Tuesday, April 27, 2010 9:44 AM
Subject: [78-L] hoo-Ha


>
> Ebay - the modern embodiment of the goose that laid the golden egg - has 
> raised their rates again. In addition to their listing fees and taking a 
> hunk out of payments through PayPal, they are now taking a whopping 9% of 
> the final value fee on sales. They get you coming, going, and in between. 
> Does anyone know of a solution or have tried one of the "monthly payment" 
> accounts in lieu of paying by the item?
>
> Cary Ginell
>
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