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eBay / Re: Typical Ebay Dispute with a Buyer..
« on: September 23, 2014, 10:12:06 AM »
I have to wait 30 days before I can close this case, buyer has not escalated it yet..
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You know me, always full of analogies. Just for the record though, Jim didn't pioneer online storage auctions, sites have been around for 10+ years, they just never gained traction. Kevin Gorzny, who founded Sealed Online Bids, was the first to develop a following. Jim bought Kevin out. Jim bought Storage Treasures out. Jim's money has allowed him to scale quickly; however, other players with deep pockets want in and the playing field is about to be leveled.
This sure is an interesting thread. I like Travis's Easy Button analogy. What we are building at ebidstorageauctions.com is much more an Easy Button than a BMW. It will be interesting to see how well received it is among buyers. I do think some of these comments represent some really good insight into the online storage auction space. But doesn't Jim deserve some respect for growing the market leader and pioneering the online storage auction trend? He wouldn't be doing 5000 auctions a month if he was the Kramer of OSA's, would he?
Travis:
I agree the new site is more difficult than the old one, but we are moving from a Yuga to a BMW. Many more options and benefits. It's like getting a new cel phone, it will take a few weeks to get the hang of using it. But when you do, you will wonder how you ever lived without it and never want to go back.
As for the posts, most of them were very old, before we took over the StorageTreasure's site, and tried to simplify it. I think in time, people will like it. Hopefully, but what do I know. Feedback from sites like this tell me more.
As for George's suggestions last week, most were in development currently, but one was not which we have added to our development list. Thanks for the suggestion.
I didn't say they were stupid; however, a lot of them assume that they're only paying a 10% fee to sell. Most don't realize that buyers are reducing their bids to compensate for the buyer's premium. As the industry grows, more storage operators will become aware of the high fees Storage Battles charges. Storage Battles is getting away with it now, but eventually the industry will get tired of it and look for cost effective alternatives (like us.)
That wouldn't matter because storage facilities are actually (unknowingly) paying the buyers premium. Buyers reduce their bids to compensate for the buyer's premium resulting in lower bids and a lower recovery rate for the facility.
Actually, Storage Battles bought out Storage Treasures. It was a strategic move to eliminate a competitor. Storage Battles is shutting down and reorganizing under the Storage Treasures name. Lance & his staff are gone and Storage Battles' staff has taken over the site. Hence, why productivity at Storage Treasures has come to a standstill.