Jewelry Blogger's Comments

eBay Showing Sellers the Door?

Sun, 01 Jun 2008 12:30:06 -0400

Here's a release on Bidjit.com...

Envois, Inc., announced the launch of Bidjit.com. The site combines a static auction site with real time Global Live Streaming Broadcast technology.

The site offers Broadcast Channels, which substitute as selling categories. Paul Fischer, COO for Bidjit.com stated, "The on line auction industry was ready for something new and as technology has advanced, on line auction sites have become complacent in offering static venues, which offer very little in the way of connecting buyers with sellers. In creating Bidjit, we quickly came to the conclusion that we not only have a responsibility to drive traffic to our sellers listings, we needed to appeal to the buyer on a more personal level hence, we combined two technologies (within one venue) that not only inform but, entertain.

And entertain it does. Bidjit.com reaches out to its viewers through Global Live Streaming Broadcasts.

Sellers list their goods within the static auction side of the site and
Bidjit's Live Broadcast hosts select listings randomly and talk about the items being offered.

"No doubt, people want to be entertained and the best way to connect with both buyers and sellers is to launch Live Streaming Broadcasts (front and center) when they land on our homepage." stated Fischer.

Sellers can list their items auction style or opt to sell at a fixed price. The site also offers Dutch style auctions for those wish to sell in quantity. In addition, Bidjit.com offers Luxury Classified Listings, which appeal to Real Estate and Yacht Brokers.

Is the on line auction world ready for a site which is akin to an on line home shopping channel?

"When we developed out Bidjit.com, it became clear that something so obvious as integrating two pieces of technology, side by side, made absolute sense. Bidjit is a bit different than television shopping channels in that it doesn't work to sell its own merchandise, it works to assist its registered users in selling their merchandise. In addition, our site offers national advertisers the least expensive form of advertising available on the market
today. It's for this reason that we applied for patent and trademark
protection." stated, Fischer.

What about competition? "I think there's more than enough room for many more niche auction style sites to pop up on the net. What we have to offer is a unique venue, which will undoubtedly become a popular alternative to what's presently available. Competition is a good thing and I believe that anyone selling merchandise on the net, needs to have as many tools in their selling arsenal as possible." stated Fischer. The site may be accessed via
Bidjit.com.

I opened up an account and have listed items. I have some bids on items and view counts are high. Bidjit stores will be free and they will be launched on Monday or Tuesday. They will also be offering Bidjit Widgets within a few weeks. As near I can tell, Bidjit has over 18,200 categories and sub-categories. The categories collapse as you browse and it's a pretty nifty concept to just point and click down into your category of choice. There are NO ads allowed on the site and no sending off traffic to off-Bidjit venues. They allow a store URL to an off-Bidjit store address as well.

Take a look as I believe it's worth the trip and the creators took much time and care in developing out the site.

Bidz.com: Diamond in the Rough?

Mon, 26 May 2008 21:57:38 -0400

Just been informed of a new auction site that quietly launched on Monday.

The site is BidJit.com

eBay Showing Sellers the Door?

Mon, 26 May 2008 21:54:22 -0400

Just been informed of a new site that quietly launched on Monday.

The site is BidJit.com

eBay Showing Sellers the Door?

Sat, 24 May 2008 09:55:22 -0400

Go to Amazon.com and click on the following link:
www.amazon.com/Money-h...
If the link does not work, go to Amazaon.com's homepage and scroll to the bottom of the page and click on "Sell Items". Once you land on the page you'll have access to all of the information you need to sell on the river:-) All the Best!

eBay Showing Sellers the Door?

Thu, 22 May 2008 19:01:22 -0400

Great video:-) youtube.com/watch?v=aD...

eBay Showing Sellers the Door?

Thu, 22 May 2008 14:27:16 -0400

"And it doesn't take a rocket scientist to figure out why Ebay Live! 2008 was cancelled! "

First, thanks for reading my article. I guess I'm not alone in my thinking:-) As for eBay Live 2008 - Yeah. no wonder they cancelled it as they don't expect any sellers left by 2008:-)

eBay: Where's Oprah When You Need Her?

Mon, 07 Apr 2008 13:33:54 -0400

Tippie - it's tongue in cheek - go ask Dr. Phil:-)

Not Seeing a 'Better & Safer' eBay

Mon, 07 Apr 2008 12:11:07 -0400

Is this is a financial website? Yes, it's that and much more. The "company" which has delivered on earnings may NOT be in the position to do so if it loses its appeal to both sellers and buyers.

Not Seeing a 'Better & Safer' eBay

Mon, 07 Apr 2008 12:08:28 -0400

Have you ever tried selling off of eBay?

When any company can create a monopoly (online or off) it's bit a hard to ask that question. What some may not understand is that for those who have relied on ebay for their living were not expecting ratical changes, which affected the majority of sellers.

In fact, it's been stated that even more changes are on the way. As for trashing eBay, no one is trashing eBay in their articles, simply pointing out observations and stating opinion.

eBay: Where's Oprah When You Need Her?

Mon, 07 Apr 2008 10:24:17 -0400

Ousted: You have a voice right here:-) The distribution of articles on seekalpha is much greater than that of any message board or forum on eBay.

Not Seeing a 'Better & Safer' eBay

Mon, 07 Apr 2008 10:20:30 -0400

To Dinah: Great article. My opinion is that as sellers move elsewhere on the net, buyers will follow their favorite sellers. What eBay may not have realized is that while they may think the sellers work for them, it is the seller who has solidified the relationship with the buyer. If a high-volume seller leaves ebay for another venue, what percentage of their buyers will follow them to a new venue?

eBay has underestimated the "mood" of the buyer. Buyer's build trust with specific sellers and if an eBay seller is being hurt by its venue (and conveys its story to its buyers) a percentage of their buyers will follow. eBay was built upon a community and as such, sellers and buyers have formed bonds over a period of months and years. It is for this reason that sellers can take a percentage buyers with them and move on.

There was a time when our towns boasted a corner store and five and dime store. As time goes by those stores have disappeared and have been replaced by large chain stores. When we drive by what used to be the five and dime (which is now WalMart), we have a sense of loss. We knew the mom and pop owner of the five and dime and in many cases knew their history within the community.

eBay had one thing going for it and that was its ONLINE community of sellers and buyers. Your eBay storefront was your five and dime (so to speak) and sellers established relationships with their buyers.

Again, the loss of one seller starts a domino effect and others will follow. The community begins to take on the "look and feel" of a large chain store focused on simply moving merchandise (through a portal) which no longer resembles a "community".

Sellers who don't fit the new and improved eBay model are left to fend for themselves and/or get exiled off of the site through no fault of their own.

John

eBay Watch: Q1 Predictions for eBay and Marketplaces

Sun, 06 Apr 2008 21:27:07 -0400

It's seller fees that drive eBay's bottom line not buyer fees. eBay made one mistake in rolling out its new changes, it focused on improving the buyer experience and cast a negative light upon the sellers in doing so. Diplomacy was lacking. No, seller's are not perfect, however, don't poke them in the eye with a sharp stick at every turn:-)

Leaving eBay: Not as Easy as It Sounds

Wed, 26 Mar 2008 16:54:25 -0400

I had an opportunity to interview the head of a U.K. investment group on Monday. The article will appear on seekingalpha by tomorrow. The U.K. group is investing heavily in a new auction site to launched in July.

eBay and the Communciations Decency Act

Mon, 24 Mar 2008 18:18:26 -0400

"the CDA only provides immunity for state law claims"
Thank you for adding the comment! John

Bidz Meets Market and Critics Head on at Citi Conference

Fri, 21 Mar 2008 14:19:53 -0400

If Bidz were smart (and I think they are) they would open their site to all sellers. Bidz has the audience and technology to advance as a venue which could compete in the market.

eBay Lawsuit Aimed at Antitrust, Unfair Competition Laws

Thu, 20 Mar 2008 12:27:08 -0400

To: AuctionsareGreat - You stated: the way I read it is the live auction seller who uses the duration strategy to it’s fullest is merely helping the core version of the listing reflect the real closing time. If you have a 500 lot sale posted all to end at midnight but the reality is the listings will be closing steadily between 6 pm and midnight and the seller loads them in batches to better reflect this over that 6 hour period that is better for the buyer and the seller. "

Problem is if just one seller is using the tool then he's got the advantage over ALL other Live Auction sellers. You then have to reconcile how to control how many items should flow through core so core is not cluttered with nothing but live auction listings.

eBay Lawsuit Aimed at Antitrust, Unfair Competition Laws

Tue, 18 Mar 2008 10:03:53 -0400

This is a large story and the updates will be numerous during the upcoming weeks. Documents and emails will published as they become available. All documents and emails, which may be posted and part public records and/or provided through available sources, will be posted on SeekingAlpha.com and JewelryBlogger.com