I have been in business for over 30 years in one form or another and due to ill health have had to semi retire before I made my fortune(ahhhh!) but what I am seeing here is dissapointing to say the least.
I love this site and the people on it BUT business is business and we all want to make a few quid,this I am not seeing no fault of the boys running it you need lots and lots of money to promote a site and to be frank (just for the day )this site can not generate the revenue fast enough to justify a large expenditure of hard earned money - but - also can not afford not to,what with all (100's)the other sites out there plying for your business. Somthing very special has to happen :- lots of buyers and lots of sellers have to get here at roughly the same time or theres no activity ,just the same old stuf ,the same old buyers , the same old sellers, with the odd newbe droping in -being unsuccesfull droping out or just leaving a few auctions up just in case.
I have come to this conclusion through several months of observation,and running 4 auction houses at the same time.
I have 52 auctions running here and just a few really great customers that have supported me (thanks guys!) on greed-bay I have 6 auctions running (same product as here) that are more expensive higher postage/packing to make up for high fees but have made twice as much profit with just 6 single auctions no shop no fancy bits and easy to use.
But the other two auctions i use are worse than usless so they are now gone and I am looking further afield and am going to post 12 auctions per site to see what happens up until christmas.I would love this site to come out on top -but ??? who knows.
Last bit of this post ,"what about the boys selling shares in the site but only to sellers and the proceeds going into a promotion kitty??"
ANY MORE IDEA'S cos somthings got to happen before we loose momentum and everybody drifts back to greedbay ,because I can't survive on what I make elsewhere.
Derrick