Posted on the Yahoo! Auctions website: www.auctions.yahoo.com
06/06/05 Changes to Yahoo! Auctions
Yahoo! Auctions has changed its pricing to create a model that is free for all consumers listing items on our Auctions platform. We have eliminated all fees associated with Auctions listings, including listing fees and final value fees.
Many users have been asking for this type of structure, and we are happy to provide it as a way to strengthen our partnership with the seller community and clearly demonstrate our commitment to our sellers' success. The new pricing model will go into effect Monday, June 6, 2005.
This move to free listings was designed with the consumer in mind, as we are continually looking to offer the most relevant and useful products and services to our users. Over the years, we've achieved our objective of improving the quality of the site, making it easier for buyer and sellers to connect. This most recent move will make auctions more cost effective for both large and small sellers who wish to list items on Yahoo!, ultimately improving their margins.
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It appears to us that they are now depending on sponsered listings for revenue. Advertisements can be found at the Top, Bottom and Right of any search results page, which is distracting and pulls potential customers away from auction item and to the advertisements. We will see if this helps bring back sellers.
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