What would you like to see in a good auction site?

GH Members can run their own auctions here or participate in some public auctions using Global Horology as a proxy. Please read the forum rules.
Forum rules
If you want to run your own auction here you must be at least 18 years of age and be a GH Member to participate in this forum. Registered users need to have their address verified by the message board management before they can be ranked as GH Members .

There are four basic rules for running your own auction:
1) Auction presentations must fully disclose the condition and known provenance of the items being sold, including any information that might influence a potential buyer. Selling an item "as is" will indicate that the item is not running reliably and should be considered as needing work or to be used for parts only.
2) You are responsible for running your own auctions, so you must be available to mind the auction and to post notice when the auction ends.
3) You may decide to cancel an auction before the original stated end-time or extend it, but you should make this clear by posting that on the auction topic when it starts.
4) When the auction has finished, you should post notice of its completion and the name of the winner.

A completed auction is a contract. Any disputes should be referred to the message board management, whose decision will be final.

What would you like to see in a good auction site?

New postby John Moane » Tue Mar 31, 2009 2:24 pm

I was wondering what watch buyers and sellers would want to see in an auction site. Looking forward to your reply. John
User avatar
John Moane
Forum Host
 
Posts: 355
Joined: Mon Aug 25, 2008 2:23 pm
Location: Kumamoto, Japan
Skype Account: John Moane
NAWCC #: 0163808

Re: What would you like to see in a good auction site?

New postby Glyn Meredith » Tue Mar 31, 2009 3:21 pm

John Moane wrote:I was wondering what watch buyers and sellers would want to see in an auction site. Looking forward to your reply. John


Proxy bidding; low fees; a feedback system that is fair and works; good management; intolerance of fraud; at least hundreds of regular buyers and sellers; auction cancellations and extensions at the seller's choice.

There are other things, but that will do for a start from me. :)

Glyn
Glyndwr Meredith
Time exists only when we measure it.
Meridian-Height.com
User avatar
Glyn Meredith
Site Owner
 
Posts: 3041
Joined: Wed Jan 02, 2008 12:26 pm
Location: Tokyo, Japan
Skype Account: nerimajin
NAWCC #: 160025

Re: What would you like to see in a good auction site?

New postby veritas » Tue Mar 31, 2009 4:27 pm

I can,t add any more to this than Glyn has. :D :D
Kevin West
veritas
Member
 
Posts: 1206
Joined: Wed Jan 30, 2008 2:32 am
Location: Nepean, Ontario, Canada,
Skype Account: veritas323
NAWCC #: 0158976

Re: What would you like to see in a good auction site?

New postby Stephan » Tue Mar 31, 2009 10:56 pm

If I was building one I would go for a flat fee structure and work it like a newspaper.
Pay up front for the space you use and forget about the rest of the fees.
I would have a joining fee of say $20 and then let the seller use up the fee by placing adds.
When the money is gone you have to add more dollars before you can place more adds.
Like a pre paid mobile phone. No bill to send and no bad debts the chase.
Low overheads equals less work to run it equals lower fees.

I would let everyone (all public) look at the adds but you would have to join up to bid on stuff
with some kind of serious vetting process before you could join. Keep out the problem children as far as is possable.

I would have some kind of probation period that might limit new buyers to a max bid till they prove themselves.

I would keep new stuff and old stuff separate not all mixed in together or at least make it easy to filter out what you are not interested in.

Finally I would have links to other useful sites like postage sites or couriers.
There might even be some educational material available to help people with postage and packing.
Ways to pay and traps to avoid. That kind of stuff.
TIA

Stephan Gaal
User avatar
Stephan
Forum Host
 
Posts: 1645
Joined: Sun Jan 20, 2008 7:10 am
Location: Melbourne, Australia
Skype Account: stephan.gaal
NAWCC #: 167037

Re: What would you like to see in a good auction site?

New postby John Johnson » Wed Apr 01, 2009 11:09 pm

Make it impossible to Snipe an auction. Last bidder wins after a period of 2 minutes, after every bid the clock resets. I have lost more auctions to the snipers than anything else. Now I just put in my max price and let it ride, problem is that most people would be willing to go the additional $2 the sniper beats you with to win an item. Snipers are bad for sellers for sure, and for buyers also.
John Johnson
User avatar
John Johnson
GH Advisor and Moderator
 
Posts: 914
Joined: Wed Jan 02, 2008 1:38 pm
Location: Elkhart, Indiana
Skype Account: John E Johnson

Re: What would you like to see in a good auction site?

New postby Irwin » Sun Apr 04, 2010 2:40 pm

I'm with John J. on the sniping issue. Ideally, it needs a solution.
Irwin Foreman
User avatar
Irwin
GH Moderator
 
Posts: 731
Joined: Sat Jan 19, 2008 3:47 pm
Location: Argyll, Scotland
Skype Account: sirirwin
NAWCC #: 167882

Re: What would you like to see in a good auction site?

New postby Stephan » Tue Apr 06, 2010 12:28 am

Can't agree with a ban on sniping. Without it those in different time zones are at a dis advantage.
I have tried leaving bids the night before only to have someone creap up on my bid till they piped me at the post.
I have also had "the sellers friend" push me up.
I don't see sniping as unfair because anyone can use it.
If your bid is highest they can snipe all they want and you will still win.
I prefer to place bids myself but if the item ends at 3.00 am and I am keen on it I will use a sniping service to bid for me.
I have had about 50% success rate with it so it fails sometimes just like any other system you try.
At the end of the day if someone else is willing to pay more then you are unlikely to win.
TIA

Stephan Gaal
User avatar
Stephan
Forum Host
 
Posts: 1645
Joined: Sun Jan 20, 2008 7:10 am
Location: Melbourne, Australia
Skype Account: stephan.gaal
NAWCC #: 167037

Re: What would you like to see in a good auction site?

New postby Glyn Meredith » Tue Apr 06, 2010 2:41 am

I'm for auction extensions - if there are bids in the last minute or so, the auction is automatically extended (seller's choice). As a seller, I've sometimes seen a bidding war start this way. It adds tension and a higher price for the seller.

I also back the seller being able to cancel an auction at any time and for any reason - with a small penalty to stop it becoming too common practice. Cancellations can be annoying for buyers but if a seller annoys the customers too often, they will shop elsewhere, so the seller has to use this sparingly.

Both of these functions are seen on the Japan Yahoo auctions, which I use for both buying and selling. For me, the functionality there beats eBay any day.
Glyndwr Meredith
Time exists only when we measure it.
Meridian-Height.com
User avatar
Glyn Meredith
Site Owner
 
Posts: 3041
Joined: Wed Jan 02, 2008 12:26 pm
Location: Tokyo, Japan
Skype Account: nerimajin
NAWCC #: 160025


Return to Watch & Clock Auctions

Who is online

Users browsing this forum: No registered users and 1 guest