Table 1 U.S. Online Auctions and their Risk Management Features (Source: http://online-auction-sites.toptenreviews.com/)
eBay | Online Auction | eBid | ePier | WebStore | WeBidz | CQout | Auction Fire | Listia | AuctionWarehs | |
|---|---|---|---|---|---|---|---|---|---|---|
Approximate monthly visitors in the U.S. | 120,000,000 | 39,000 | 36,000 | 13,000 | 124,000 | 839 | >500 | >500 | 168,000 | >500 |
Auction Listing Fee (monthly) | 50 Free | Free | Free | Free | Free | Free | Free | Free | Free | Free |
Fixed Price Listing (monthly) | 50 Free | Free | Variable | Free | Free | Free | Free | Free | Free | Free |
Auction Fees | ||||||||||
Final Value/Closing Fee (per item) | 10 % | Free | 3 % | Free | Free | Free | 3.6 %-5.29 % | Free | Free | Free |
Flat Fee (monthly) | na | $8.00 | $7.00 | na | na | na | na | na | na | na |
Relisting Fee | Free | Free | Free | Free | Free | Free | Free | Free | Free | Free |
Product Photos (per listing) | 12 | 4 | 1 | 1 | 4 | 4 | 1 | 1 | 4 | 1 |
Store Subscription Fees (monthly) | $15.95-$199.95 | $16.00 | $99.98 | $9.95-$21.95 | na | $2.10-$99.95 | $5.50-$15.00 | na | na | na |
Listing Designer (per listing) | $0.10-$0.30 | |||||||||
Bold (per listing) | $2.00-$4.00 | $0.07 | $0.50 | $0.01 | $0.05 | |||||
Transaction Risk Management Features 1 = included; 0 = absent) | ||||||||||
Resolution Center | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
Feedback Options | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
Buyer Protection Policy | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 |
Community Forum | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |