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More auctions for customers Posts by Orsine Emid


 Posted 4 days ago More by Orsine E.

Hi Michael H., SFI TripleClicks used to auction different items, where customers would also be interested to bid, however it' s been lately that only a few items as you mentioned are auctioned. It will be very nice to have more items available for bidding, so customers, PRMs and even most affiliates can participate and bid on the items the like to bid at. Let' s see what the next coming weeks/months will bring us on the PB platform. Cheers Orsine
Hi Michael H.,

SFI TripleClicks used to auction different items, where customers would also be interested to bid, however it' s been lately that only a few items as you mentioned are auctioned.

It will be very nice to have more items available for bidding, so customers, PRMs and even most affiliates can participate and bid on the items the like to bid at.

Let' s see what the next coming weeks/months will bring us on the PB platform.

Cheers
Orsine
Orsine E.

Sint Maarten

 
Posts: 282 | Followers: 87 | Joined SFI: Feb 23, 2017

 Posted 4 days ago More by Orsine E.

[quote=1286994]Gery already answered repeatedly that PRM see other auction items, they do not have PSA and CSA and other products destined for SFI members[/quote] Thank you for mentioning and remind us about this part Igor A. It completely slip my mind about this statement. Thanks
Igor A. posted:
Gery already answered repeatedly that PRM see other auction items, they do not have PSA and CSA and other products destined for SFI members

Thank you for mentioning and remind us about this part Igor A.
It completely slip my mind about this statement.

Thanks
Orsine E.

Sint Maarten

 
Posts: 282 | Followers: 87 | Joined SFI: Feb 23, 2017

 Posted 4 days ago More by Orsine E.

[quote=1287238][quote=1287192]I totally agree Michael. Make the TripleClicks auctions more like eBay. Just think of the explosion of customers......the mind boggles.[/quote] But the fact is, for years we pushed out a massive numbers of consumer items, often having 10-20 live auctions going at a time. At the same time, we made numerous marketing aids, etc. available to our affiliates to bring in bidders. We took great losses doing this. Now, with fewer auctions, that better matches the number of bidders we have, Pricebenders revenues have risen substantially...which puts more revenue into the TripleClicks Executive Pool, by far, than when we had many more auctions going. In other words, LESS, more "concentrated" auctions has been better for SFI affiliates than more. Now, is that where we want to be? No, definitely not! But until our marketing arm (that's our affiliates) can bring more customers (bidders) to the table, it's just not feasible for us to have so many auctions going at once. We can't do this at a loss! And don't forget that our competitors have no CV to pay out...which is where the lion's share of the revenue goes (to our affiliates, not us). One more thing: In case the suggestion is actually about having people put their stuff up for auction like E-Bay... We've offered many times to this. No one, so far, has been willing to allow their items to sell for pennies and take huge losses...as WE have to do constantly...and what a penny auction requires. Penny auctions are NOT for the faint of heart! You LOSE and lose big OFTEN. Additionally, relying on people all over the world to actually ship items to winners (especially when they lost money or barely made anything) is asking for trouble.[/quote] I completely agree Gery, this totally makes sense!!
Gery posted:
Janet S. posted:
I totally agree Michael. Make the TripleClicks auctions more like eBay. Just think of the explosion of customers......the mind boggles.


But the fact is, for years we pushed out a massive numbers of consumer items, often having 10-20 live auctions going at a time. At the same time, we made numerous marketing aids, etc. available to our affiliates to bring in bidders. We took great losses doing this. Now, with fewer auctions, that better matches the number of bidders we have, Pricebenders revenues have risen substantially...which puts more revenue into the TripleClicks Executive Pool, by far, than when we had many more auctions going.

In other words, LESS, more "concentrated" auctions has been better for SFI affiliates than more. Now, is that where we want to be? No, definitely not! But until our marketing arm (that's our affiliates) can bring more customers (bidders) to the table, it's just not feasible for us to have so many auctions going at once. We can't do this at a loss! And don't forget that our competitors have no CV to pay out...which is where the lion's share of the revenue goes (to our affiliates, not us).

One more thing: In case the suggestion is actually about having people put their stuff up for auction like E-Bay... We've offered many times to this. No one, so far, has been willing to allow their items to sell for pennies and take huge losses...as WE have to do constantly...and what a penny auction requires. Penny auctions are NOT for the faint of heart! You LOSE and lose big OFTEN. Additionally, relying on people all over the world to actually ship items to winners (especially when they lost money or barely made anything) is asking for trouble.

I completely agree Gery, this totally makes sense!!
Orsine E.

Sint Maarten

 
Posts: 282 | Followers: 87 | Joined SFI: Feb 23, 2017

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