Fixed Price Listings The Listia Blog
Fixed Price Listings are different from today’s auctions in that there’s no bidding involved, and instead there is only a Get It Now (GIN) option. Some info about this new type of listing: Fixed Price Listings may only be listed by sellers calgary sun with the Trusted Seller badge. Knowing the exact price you want for an item takes experience, so we want to make sure only sellers who ve earned the Trusted Seller badge have this capability. There are no restrictions on who can place a GIN bid, though. A listing calgary sun fee of 50 credits is applied when the item is listed. If the item sells, there is a 10% transaction fee based on the GIN amount. This amount is only deducted when you receive credits for the item. Listings can be created on the Web starting today, and support on our Android and iOS apps is coming soon. In almost calgary sun every other way, these listings behave just like Auction Listings.
Seller Benefits List with a fixed price to make sure you get the exact amount of credits you want. Have a valuable item that might only attract a few bidders? A Fixed Price Listing can help remove a lot of the uncertainty that may come with auctions and bidding. For high volume sellers, calgary sun Fixed Price Listings can result in listings that end earlier (you typically won t have to wait the full listing calgary sun duration), which means spending less time waiting, calgary sun and more time earning credits.
Buyer Benefits Fixed Price Listings bring more of that feeling of instant calgary sun gratification you love when you use Get It Now. Watching and bidding on auctions is fun and exciting, but being able to win an item instantly is equally rewarding! Because Fixed Price Listings encourage sellers to list items they previously might have held out on listing, buyers will start to see new types of items on Listia!
In conjunction with the release of Fixed Price Listings, we are also simplifying the pricing of the Get It Now and Start Bid options on Auction Listings, making them more consistent with how Fixed Price Listings behave.
Start Bid on Auctions Start Bid currently calgary sun has a listing fee that increases with the start bid amount. For example, a starting bid of 1,000 costs 100 credits, but a starting bid of 50,000 costs 1,000 credits. This is changing to a low, flat listing fee of 50 credits with a 10% transaction fee on the start bid amount if an item ends with normal bidding (not GIN). Example: If you set a 5,000 start bid on an auction, you ll pay just 50 credits up front. If your auction ends at 100,000 credits, then a fee of 500 will be applied when you receive your credits. calgary sun A couple of important things to note: The 10% transaction fee is only based on your start bid, not the final bid amount . If the item does not sell, then no transaction fee is applied. These changes will take effect calgary sun Wednesday, April 15th, 2015 .
The changes to Get It Now and Start Bid come about because we want to make the fees for the various features on listings simple and consistent. Once all the changes roll out, a simple way to think of it is that Fixed Price, GIN and Start Bid all have a very low listing fee of 50 credits. This allows you to list items with these features with little upfront cost and very little risk. Then, for all three features, there will be a 10% transaction calgary sun fee applied only if the item sells. Listing Type Listing Fee Transaction Fee Fixed Price Listing 50 credits 10% of GIN Only when item sells Auction with Start Bid When Start Bid is 500+ 50 credits 10% of Start Bid Only if item sells via regular bidding 10% of starting calgary sun bid, NOT final amount Auction with Get It Now 50 credits 10% of GIN Only when item sells via GIN All Other Auctions FREE FREE
Along with these changes, you’ll also notice a refreshed browse and search calgary sun results view on the Web. We’ve made some improvements to display bidding and GIN options more clearly, and we’ve also made the images larger.
Our continued calgary sun goal is to make Listia a bustling community where members can trade items with each other in a friendly and fun environment. With Fixed Price Listings, we re now giving sellers a lot more control over how they want to sell their items, and at the same time creating more GIN opportunities for buyers.
Comments
other than this was a massively confusing calgary sun explanation, two things I’d like to see is a saved search results screen – there are some items I’m always on the look for but honestly calgary sun I forget week to week so if I wanted to look up fast in DVDs, I could just save that search. secondly, I’d love to be able to prevent people with bad feedback from bidding on my auctions; granted most of the time they don’t win them, but having someone with 38% feedback bidding is always concerning to me.
Hi there, thanks for the feedback! We do in fact have a “saved search feature” already :) It will email you any time there are new results. On the web, click on “s
Fixed Price Listings are different from today’s auctions in that there’s no bidding involved, and instead there is only a Get It Now (GIN) option. Some info about this new type of listing: Fixed Price Listings may only be listed by sellers calgary sun with the Trusted Seller badge. Knowing the exact price you want for an item takes experience, so we want to make sure only sellers who ve earned the Trusted Seller badge have this capability. There are no restrictions on who can place a GIN bid, though. A listing calgary sun fee of 50 credits is applied when the item is listed. If the item sells, there is a 10% transaction fee based on the GIN amount. This amount is only deducted when you receive credits for the item. Listings can be created on the Web starting today, and support on our Android and iOS apps is coming soon. In almost calgary sun every other way, these listings behave just like Auction Listings.
Seller Benefits List with a fixed price to make sure you get the exact amount of credits you want. Have a valuable item that might only attract a few bidders? A Fixed Price Listing can help remove a lot of the uncertainty that may come with auctions and bidding. For high volume sellers, calgary sun Fixed Price Listings can result in listings that end earlier (you typically won t have to wait the full listing calgary sun duration), which means spending less time waiting, calgary sun and more time earning credits.
Buyer Benefits Fixed Price Listings bring more of that feeling of instant calgary sun gratification you love when you use Get It Now. Watching and bidding on auctions is fun and exciting, but being able to win an item instantly is equally rewarding! Because Fixed Price Listings encourage sellers to list items they previously might have held out on listing, buyers will start to see new types of items on Listia!
In conjunction with the release of Fixed Price Listings, we are also simplifying the pricing of the Get It Now and Start Bid options on Auction Listings, making them more consistent with how Fixed Price Listings behave.
Start Bid on Auctions Start Bid currently calgary sun has a listing fee that increases with the start bid amount. For example, a starting bid of 1,000 costs 100 credits, but a starting bid of 50,000 costs 1,000 credits. This is changing to a low, flat listing fee of 50 credits with a 10% transaction fee on the start bid amount if an item ends with normal bidding (not GIN). Example: If you set a 5,000 start bid on an auction, you ll pay just 50 credits up front. If your auction ends at 100,000 credits, then a fee of 500 will be applied when you receive your credits. calgary sun A couple of important things to note: The 10% transaction fee is only based on your start bid, not the final bid amount . If the item does not sell, then no transaction fee is applied. These changes will take effect calgary sun Wednesday, April 15th, 2015 .
The changes to Get It Now and Start Bid come about because we want to make the fees for the various features on listings simple and consistent. Once all the changes roll out, a simple way to think of it is that Fixed Price, GIN and Start Bid all have a very low listing fee of 50 credits. This allows you to list items with these features with little upfront cost and very little risk. Then, for all three features, there will be a 10% transaction calgary sun fee applied only if the item sells. Listing Type Listing Fee Transaction Fee Fixed Price Listing 50 credits 10% of GIN Only when item sells Auction with Start Bid When Start Bid is 500+ 50 credits 10% of Start Bid Only if item sells via regular bidding 10% of starting calgary sun bid, NOT final amount Auction with Get It Now 50 credits 10% of GIN Only when item sells via GIN All Other Auctions FREE FREE
Along with these changes, you’ll also notice a refreshed browse and search calgary sun results view on the Web. We’ve made some improvements to display bidding and GIN options more clearly, and we’ve also made the images larger.
Our continued calgary sun goal is to make Listia a bustling community where members can trade items with each other in a friendly and fun environment. With Fixed Price Listings, we re now giving sellers a lot more control over how they want to sell their items, and at the same time creating more GIN opportunities for buyers.
Comments
other than this was a massively confusing calgary sun explanation, two things I’d like to see is a saved search results screen – there are some items I’m always on the look for but honestly calgary sun I forget week to week so if I wanted to look up fast in DVDs, I could just save that search. secondly, I’d love to be able to prevent people with bad feedback from bidding on my auctions; granted most of the time they don’t win them, but having someone with 38% feedback bidding is always concerning to me.
Hi there, thanks for the feedback! We do in fact have a “saved search feature” already :) It will email you any time there are new results. On the web, click on “s
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